Interparfums Inc., the company behind fragrances for Guess, Jimmy Choo, Coach, and Montblanc, among others, reported a 2% increase in revenue to US$345 million for the first quarter of 2026.

On an organic basis, sales declined by 2%, with the downturn partially offset by a favorable currency effect. The average dollar/euro exchange rate in the first quarter of 2026 was 1.17, compared with 1.05 in the same period of 2025, resulting in a positive impact of 4.6%, according to Interparfums Inc.

Following a successful first two years in the company’s portfolio, Roberto Cavalli continued to generate robust results, achieving a 32% increase in net sales during the first quarter of 2026.

Similarly, fragrances from Coach were a key driver of growth, with sales rising 30% in the first quarter of 2026, following an 11% increase in the same period of 2025. According to the group, this performance reflects strong sell-in tied to the launch of new extensions within the Coach Women and Coach Men franchises, as well as continued robust demand across most existing lines.

Montblanc fragrance sales rose 14% in the first quarter, driven by the launch of Legend Elixir, the first launch for the Legend franchise since 2024, while Guess fragrance sales rose 11% compared to the same period last year.

However, Jimmy Choo and Lacoste fragrance global sales declined 4% and 12% respectively in the first quarter of 2026.

"Growth continues to be more measured compared to recent years amid ongoing macroeconomic pressures and geopolitical uncertainty. Consumer interest in fragrance remains resilient, and we are actively navigating an industry that continues to normalize as consumers become more selective and retailers are managing inventory cautiously," commented Interparfums Chairman & CEO Jean Madar.

The company remains "cautiously optimistic" about the remainder of 2026. "We have reduced our forecast for the Middle East region due to the war and are preparing to capture the opportunities associated with improved market dynamics in the other regions," said Madar.