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Interparfums Sales Decline Due to Pressure in the US

The fragrance manufacturer and distributor cited a perfect storm of macroeconomic headwinds, tariffs and the discontinuation of its Dunhill license for its mixed results.
Coach fragrance
Interparfums' second quarter sales decline was offset by surging demand for its Lacoste and Coach fragrances. (Shutterstock)

Interparfums, which holds fragrance licenses for brands including Coach and Roberto Cavalli, reported sales declines in its second quarter 2025 results, announced on Wednesday.

The company saw a sales dip of 2 percent to $342 million in the three months ending June 30, compared to $334 million during the same period 2024. A 20 percent drop in US-based sales was attributed in part to a phaseout of the Dunhill license, which was completed last August, according to the company.

Sales of Guess and Donna Karan fragrances also declined, “due largely to the timing of product launches and tariff generated supply chain disruptions,” said chief executive Jean Madar.

By contrast, Europe-based sales lifted 6 percent, buoyed by strong performance from the Coach and Lacoste licenses. The former benefitted from the successful launches of Coach for Men Eau de Parfum and Coach Women Gold; while the latter, up 59 percent, is poised to exceed $100 million in annual sales.

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With new launches and pricing actions to take place over the next few months, Madar, who called the headwinds “transitory”, said the company is “well positioned to capitalize on the strength of the prestige fragrance market and deliver stronger results in the second half of 2025.”

Learn more:

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