08.02.22
France
www.interparfums.com
Sales: $879 million
Key Personnel: Philippe Benacin, chairman and CEO; Philippe Santi, EVP, CFO and legal officer; Frédéric Garcia-Pelayo, EVP and CIO; Stanislas Archambault, executive director, operational and digital marketing; Véronique Duretz, VP-human resources, Axel Marot, VP-supply chain and operations; Delphine Pommier, executive director-marketing development and communications
Major Products: Prestige fine fragrances under names such as Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Repetto, Rochas, ST Dupont, Van Cleef & Arpels
New Products: Wild Spring, Karl Lagerfeld Rome, Karl Lagerfeld Vienna, Montblanc Legend Red, Jimmy Choo Man Aqua, Lanvin Fleurs de Lanvin, MCM Ultra
Comments: Interparfums ended the year with record sales. In fact, sales were up 52.7% from 2020 and 15.8% from 2019. The company said that performance reflects sustained demand for both Interparfums’ major lines and new products like Jimmy Choo I Want Choo, Montblanc Explorer Ultra Blue and Coach Dreams Sunset lines.
The momentum remained on track in early 2022. Q1 2022 sales rose 22.5%. During the quarter, Montblanc fragrance sales jumped 30%, bolstered by the Montblanc Legend Red; Jimmy Choo fragrances grew 15% on strong demand from all lines and the good performance of the I Want Choo line; and Coach fragrances increased 30%, boosted by the roll out of the Coach Dreams Sunset and Coach Wild Rose lines. There was whopping 70% growth in Van Cleef & Arpels fragrances, driven by the continuing success of the Collection Extraordinaire, particularly in the Middle East and Asia. Despite an “extremely adverse situation in Eastern Europe,” Lanvin held its ground, as did Rochas fragrances, benefiting from the strength of the Eau de Rochas and Rochas Girl lines, said Interparfums.
The company’s fragrance portfolio is evolving. In April, Interparfums said it would not renew the Dunhill fragrance license when it expires September 30. In late 2021, Interparfums, Inc. finalized its agreement with Salvatore Ferragamo S.p.A., to become the exclusive worldwide licensee for the production and distribution of Ferragamo brand perfumes in a 10-year deal with a five-year optional term.
www.interparfums.com
Sales: $879 million
Key Personnel: Philippe Benacin, chairman and CEO; Philippe Santi, EVP, CFO and legal officer; Frédéric Garcia-Pelayo, EVP and CIO; Stanislas Archambault, executive director, operational and digital marketing; Véronique Duretz, VP-human resources, Axel Marot, VP-supply chain and operations; Delphine Pommier, executive director-marketing development and communications
Major Products: Prestige fine fragrances under names such as Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Repetto, Rochas, ST Dupont, Van Cleef & Arpels
New Products: Wild Spring, Karl Lagerfeld Rome, Karl Lagerfeld Vienna, Montblanc Legend Red, Jimmy Choo Man Aqua, Lanvin Fleurs de Lanvin, MCM Ultra
Comments: Interparfums ended the year with record sales. In fact, sales were up 52.7% from 2020 and 15.8% from 2019. The company said that performance reflects sustained demand for both Interparfums’ major lines and new products like Jimmy Choo I Want Choo, Montblanc Explorer Ultra Blue and Coach Dreams Sunset lines.
The momentum remained on track in early 2022. Q1 2022 sales rose 22.5%. During the quarter, Montblanc fragrance sales jumped 30%, bolstered by the Montblanc Legend Red; Jimmy Choo fragrances grew 15% on strong demand from all lines and the good performance of the I Want Choo line; and Coach fragrances increased 30%, boosted by the roll out of the Coach Dreams Sunset and Coach Wild Rose lines. There was whopping 70% growth in Van Cleef & Arpels fragrances, driven by the continuing success of the Collection Extraordinaire, particularly in the Middle East and Asia. Despite an “extremely adverse situation in Eastern Europe,” Lanvin held its ground, as did Rochas fragrances, benefiting from the strength of the Eau de Rochas and Rochas Girl lines, said Interparfums.
The company’s fragrance portfolio is evolving. In April, Interparfums said it would not renew the Dunhill fragrance license when it expires September 30. In late 2021, Interparfums, Inc. finalized its agreement with Salvatore Ferragamo S.p.A., to become the exclusive worldwide licensee for the production and distribution of Ferragamo brand perfumes in a 10-year deal with a five-year optional term.