Interparfums U.S. Sales Rebound After a Weak Year-Ago Quarter

The Tip Desk · July 23, 2026 · 2 min read

United States-based net sales rose 18% to $113 million, reversing a 2% gain in the first quarter and lifting consolidated sales to $341 million.

Interparfums, Inc. (IPAR), the global fragrance licensor, reported United States-based net sales of $113 million for the three months ended June 30, 2026, up 18% from a year earlier.

That U.S. rebound was the quarter’s defining turn. In the first quarter, United States-based sales had risen only 2%, with organic sales broadly flat. The second-quarter increase included 17% organic growth and a 1% positive foreign-exchange impact. Chairman and Chief Executive Officer Jean Madar said last year’s second-quarter U.S. results had been hit by a weak innovation program and tariff-related supply-chain disruptions.

European-based net sales moved the other way. They were $231 million, down 4%, after a 2% increase in the first quarter. The European decline reflected a 5% organic drop, partly offset by a 1% foreign-exchange gain, high growth comparisons, continuing Middle East war headwinds, and a challenging operating environment in Eastern Europe. Consolidated net sales were $341 million, up 2%. Excluding a 3% Middle East war headwind, organic sales increased 4%.

Brand results inside the European book were mixed. Jimmy Choo fragrance sales rebounded, rising 23% after a 4% decline in the first quarter. Madar said the brand’s fragrances continued to gain traction, particularly in the United States, supported by the I Want Choo women’s franchise and the Jimmy Choo Man Parfum line launched earlier in the year.

Coach fragrance sales declined 8% after growing 30% in the first quarter, against a year-earlier second quarter when the brand had grown 42%. Montblanc was essentially flat after a 14% first-quarter increase. Lacoste sales declined 19%, following 59% growth a year earlier and a 12% decline in the first quarter. The company remains confident in Lacoste ahead of initiatives planned for 2027 and 2028.

In the United States, GUESS, the largest U.S.-based brand, rose 10% after an 11% first-quarter increase, with growth tied to the Iconic franchise, including the second-quarter launch of Iconic Blue, and the Amore Napoli extension. Donna Karan/DKNY fragrance sales increased 28% after a 3% decline in the first quarter. Ferragamo sales rose 41%, helped by a weaker prior-period comparison and launches of Signorina Romantica and Ferragamo Sublime Leather. Roberto Cavalli declined 9% after a 32% first-quarter increase, against a 23% year-earlier comparison and a challenging Middle East market.

Madar said the fragrance category remains durable despite macroeconomic and geopolitical pressure on consumers and retail partners. The business trajectory at the midpoint of the year is encouraging, and the company remains cautiously optimistic, citing a second-half 2026 lineup of fragrance extensions and blockbuster launches planned for 2027 and 2028.