Interparfums Inc., which develops and distributes fragrances for brands including Guess, Jimmy Choo, Coach, and Montblanc, among others, posted second-quarter 2026 net sales of USD 341 million, a 2% year-over-year increase.
The group said the ongoing conflict in the Middle East reduced second-quarter sales growth by approximately 3%, while foreign exchange had a positive impact of around 1% during the period. Excluding the effect of the conflict, organic sales would have increased by 4% in the quarter.
For the first six months of the year, revenue totaled USD 686 million, also up 2% from the same period in 2025. The company attributed the growth primarily to the strong performance of its U.S. business, which offset the impact of geopolitical uncertainty and softer European performance.
U.S. business drives momentum
Interparfums’ U.S.-based operations delivered the strongest performance, with sales rising 18% in the second quarter and 10% in the first half. Management attributed the growth to strong consumer demand, along with favorable foreign exchange dynamics.
Among the company’s key brands, Guess remained the largest contributor to U.S. based operations, posting a 10% increase in quarterly fragrance sales thanks to the continued success of its Iconic franchise and the launch of Iconic Blue and Amore Napoli. Donna Karan/DKNY grew 28%, supported by strong demand across fragrance lines and accelerating e-commerce sales, while Ferragamo surged 41% following the launches of Signorina Romantica and Ferragamo Sublime Leather.
Although Roberto Cavalli declined 9% during the quarter due to a difficult comparison and weakness in the Middle East — its largest market — the brand still achieved 8% growth in the first half, benefiting from recent fragrance extensions and the continued success of Serpentine.
European operations under pressure
By contrast, European-based operations recorded a 4% decline in second-quarter sales and were down 1% in the first half. Interparfums cited difficult year-over-year comparisons, the impact of the conflict in the Middle East and continued weakness in Eastern Europe as the main factors behind the slowdown.
Performance varied significantly across brands. Jimmy Choo rebounded with 23% quarterly growth after a softer start to the year, supported by the continued success of the I Want Choo franchise and the launch of Jimmy Choo Man Parfum. Montblanc remained broadly stable in the quarter and gained 6% in the first half, driven by the Explorer Extreme and Legend franchises, with a third fragrance pillar planned for 2027.
Meanwhile, Coach posted an 8% decline in the quarter against a particularly strong comparison in 2025, although first-half sales still increased 10%. Lacoste experienced a sharper slowdown, with fragrance sales falling 19% in the second quarter after exceptionally strong launches in early 2025, compounded by persistent market challenges in Eastern Europe.
Innovation pipeline supports outlook
Looking ahead, Interparfums said it remains confident despite macroeconomic and geopolitical uncertainty. The company plans a series of fragrance extensions in the second half of 2026, followed by several major launches in 2027 and 2028.
"The fragrance category remains durable despite the macroeconomic and geopolitical headwinds," said Chairman and CEO Jean Madar, who added that the company’s diversified portfolio, disciplined execution and innovation pipeline position Interparfums for continued growth.
