Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Interparfums aims EUR 300 million annual sales in 2013

After the ending of its licence agreement with Burberry, Interparfums bets on the strong growth for Montblanc, Jimmy Choo and Boucheron fragrances to achieve a 300 million euros turnover in 2013.

Interparfums has maintained its growth momentum in 2012 with revenue expected to reach 425 million euros, a rise of nearly 7% compared to 2011.

According to Interparfums, Montblanc, Jimmy Choo and Boucheron fragrances are expected to generate nearly 100 million euros in combined sales for the period, a 45% increase on the previous year, after just two years of activity as part of the group’s portfolio.

In 2013, deprived from the Burberry’s turnover, Interpafums remains confident in the potential of its current portfolio of brands: in particular, the growing successes by the Lanvin, Jimmy Choo, Montblanc and Boucheron fragrances, but also the launch of new women’s fragrance lines in the spring under the Jimmy Choo, Lanvin and Van Cleef & Arpels brands and the first significant initiatives in the fall for the Boucheron, Balmain and Repetto brands.

With these developments, consolidated revenue of approximately 245 million euros is expected for 2013 for these ongoing brands or growth of more than 20% from 2012,” says the group. “As previously disclosed, Interparfums will continue operating the business for the Burberry brand for a period limited to the first quarter of next year. Based on the current Euro-US dollar exchange rate, sales for the 2013 full-year may reach 300 euros million.

Furthermore, Interparfums, which should have a cash position close to 200 million euros by mid-year, confirms its will to remain focused on exploring all opportunities to expand its portfolio by seeking to add new brands either on a proprietary basis or as a licensee.

© 2012 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
MakeUp in newYork hosted more than 3800 visitors, with a growth of 12% of international guests.

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, Canada, (...)

read more
job opportunities
Experts’ views
Victoria's Secret or the failure of a conservative positioning?

Laurence Bacilieri
Victoria’s Secret or the failure of a conservative positioning?

When the Victoria’s Secret show was cancelled it didn’t come as a surprise. In May, it was reported by The New York Times that the show would no longer be broadcast on network television. “We must evolve and change to grow. With that in mind, we have decided to re-think the traditional Victoria’s Secret Fashion Show". From 2001 to 2018, (...)

read more
Webinars
E-shop - latest publications
Regulations on the registration of cosmetic products in China (part1)
135.00 € excl. tax
Safety of perfumes and cosmetics. Belarus, Kazakhstan and Russia
200.00 € excl. tax
Regulations on the registration of cosmetic products in China (part2)
95.00 € excl. tax
Go to top ↑

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close