Interparfums reports 10.7% revenue growth in Q1
French fragrance specialist Interparfums has announced an 8.8% revenue rise at constant exchange rates in Q1 2025, citing a positive start to the year and welcoming the prospect of new licensing agreements.
The company, whose portfolio includes the Jimmy Choo, Montblanc, Moncler and Karl Lagerfeld perfume licenses, recorded Q1 revenue of €235.5 million, compared with €212.7 million in the same period last year.
The uptick was chiefly driven by the performance of Jimmy Choo fragrances, whose revenue grew 40%, and of Lacoste, which recorded a 34% revenue rise, according to the company.
Interparfums also said that it has taken steps to respond to the tariff decisions taken by the US administration, including an increase in retail prices of between 6% and 7% as of August 1.
In February, Interparfums indicated it was aiming to grow its revenue in 2025, with a target now sitting between €930 million and €935 million, taking into account the US dollar's recent appreciation.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
LeMonde
5 hours ago
- LeMonde
French renewable energy is in turmoil after massive Spanish power outage
"France is producing too much electricity, risking a financial meltdown." In mid-April, the business daily La Tribune sounded the alarm. The headline summed up a concern that has gripped part of the French energy and political world for months: While in 2022 the country braced for potential power cuts due to nuclear fleet failures, soaring energy prices and Russia's invasion of Ukraine, a new fear has been raised – overproduction. The main culprits are solar and wind power, which are providing increasingly more energy while electricity consumption is stagnating. Their rise could threaten the grid, public finances and the nuclear fleet, prompting calls to slow – or even stop – their development. Just days before stepping down as CEO of EDF (multinational electric utility company), Luc Rémont described to lawmakers in the French Sénat on April 22 the "major challenge" posed by "the growing gap between supply and demand" for electricity. "In the coming years, we will have to ensure that this imbalance between dispatchable sources [notably nuclear] and intermittent sources [renewables] does not undermine the stability of the system, either physically or economically. That is truly the greatest challenge we face," he stressed.
Fashion Network
10 hours ago
- Fashion Network
Casablanca opens first Paris store, plans spaces in LA, London, and skiwear line
Casablanca has taken a step it describes as 'decisive' by opening its first brick-and-mortar store. The French label, launched in 2018 by French-Moroccan designer Charaf Tajer, has set up shop in Paris, where it has been showing since January 2019, and where it has managed to establish itself as one of the up-and-coming names in ready-to-wear. Casablanca's first store is located in the French capital's luxury shopping district, on rue du Faubourg-Saint-Honoré. Casablanca has opened its flagship almost at one end of the prestigious thoroughfare, at number 62, on the corner with rue d'Aguesseau. The premises extend over nearly 460 square metres on three levels, and were previously home to an art gallery. The interiors are the brainchild of designer Charaf Tajer and the label's creative director Steve Grimes, working in collaboration with London-based design agency Counterfeit Studio and Moroccan architecture studio Elements Lab. The décor reflects 'a fusion between the past and the future, between Parisian elegance, cinema references and a bold, forward-looking vision,' said Casablanca in a press release. Originally, Casablanca focused on menswear, and made a name for itself with uber-chic looks featuring vibrant prints and fine fabrics, borrowing both from the sporting world, notably tennis, and from retro glamour. Soon the label added women's ready-to-wear, broadening its assortment by introducing a range of accessories, including leather goods, footwear and sneakers, scarves, socks and hats. The label's Parisian store showcases all these categories, spread out across each level within Casablanca's various collections. The atmosphere inside the store is decidedly cheerful and warm, with an almost pop-art feel. The furnishings are characterised by rounded and geometric shapes and by Casablanca's signature sunny palette — red, green and Mediterranean blue. The décor combines different styles and materials, using various types of marble, metal, lacquered wood, walls in white wood and others with mouldings and arched niches, velvet, mosaic, and metal and glass tinted in multiple shades for the display cabinets. After Paris, Casablanca will open in July in Los Angeles, at 469 North Canon Drive, Beverly Hills. The label, which has dropped several collaborations in recent years, with Bulgari, Caviar Kaspia, ST Dupont and Nordstrom among others, is distributed via its e-shop and 350 multibrand retailers worldwide. It has recently opened shop-in-shops at Harvey Nichols and Bloomingdale's in Dubai, and at KaDeWe in Berlin, and further shop-in-shops are on the cards in London, at Selfridges in September and Harrods in November. Casablanca also operates seasonal pop-up stores, like the space open for two months at Le Bon Marché in Paris, decked out like a beach club. This season, the label has established a presence also at the Mandarin Oriental in Bodrum (Turkey), and will open temporary stores at Tahiti Beach on the French Riviera in July, at the Fashion Clinic Comporta store in Cavalhal, Portugal, in August, and at the Atlantis The Royal hotel in Dubai, in partnership with the Ounass e-shop. Another project Casablanca is busy on is the autumn launch of a first skiwear capsule collection, produced in partnership with Swiss brand Faction Skis. It will be presented in November via pop-up spaces at Harrods in London and Galeries Lafayette Haussmann in Paris, as well as in top Alpine resorts such as Verbier and Gstaad in Switzerland. Casablanca is backed by an investor and has moved its headquarters to London. In 2024, it generated a revenue of €45 million, and is expecting to reach €60 million for 2025, growing by more than 30%. Casablanca has been led since 2023 by Frederick Lukoff, and employs 140 people. The label has been posting double-digit annual growth on a regular basis. Sales for its e-shop have notably soared, recording a triple-digit rise this year. With this first Paris opening, Tajer is relishing Casablanca's success. 'When my parents arrived in France, my mother was working as a housekeeper, so me setting up a fashion house was the last thing that could be expected. Then, five or six years ago, I said: 'I want a corner in this street', and everyone told me it was impossible, because all the locations were taken by the top labels. Opening this store is a huge achievement for us: It feels like coming home.'
Fashion Network
15 hours ago
- Fashion Network
Longchamp opens pop-up café in Paris's Marais district
French label Longchamp has unveiled a new aspect of its lifestyle expertise by opening a pop-up café at 45 rue Vieille du Temple, in the heart of Paris's Marais district, a first for the family-owned brand founded in 1948. The café will remain open from June 6 to September 2. The café's poetic setting, designed by artist Constantin Riant, is characterised by blue and white lines. The walls feature shelves in blond wood displaying hand-crafted ceramics, art books, and items by Longchamp. Pride of place goes to the café area, where visitors can enjoy hot drinks and sweet and savoury treats throughout the day, as well as visit the temporary bookshop where they can write and send postcards. " Unique experiences will immerse our visitors in a world of creativity, mirroring Longchamp's Fall 2025 collection," said Longchamp. Longchamp operates more than 350 directly-owned stores via 25 subsidiaries. In 2024, the label's revenue soared, increasing by 20%.
