Inter Parfums Inc

Interparfums, Inc. and Marquee Brands announced a 20-year extension of Interparfums' exclusive worldwide license agreement for Roberto Cavalli and Just Cavalli fragrances, carrying the partnership through December 31, 2046. The deal covers continued creation, development and distribution of the fragrances globally, operated by Interparfums Italia Srl, the company's wholly owned Italian subsidiary based in Florence with its seat of management in Paris. Interparfums Chairman and Chief Executive Officer Jean Madar said the extension reflects the strength of Roberto Cavalli and the partnership with Marquee Brands, noting that in three years managing the license the brand has become one of the fastest-growing in the company's portfolio, with the 2025 launch of Serpentine exceeding expectations. Marquee Brands Chief Executive Officer Heath Golden said Interparfums has proven an exceptional steward of Roberto Cavalli fragrances and that extending the partnership across decades reflects the long-term role fragrance will play in the brand's global growth strategy. Interparfums has operated in the global fragrance business since 1982 and manages European operations through its 72% owned subsidiary Interparfums SA and United States operations through wholly owned subsidiaries in the United States and Italy.

Interparfums Inc delivered 2% sales growth in both the second quarter and first half of 2026, with organic sales up 4% in the quarter excluding war-related headwinds in the Middle East. North America, the largest market, grew 5%, while Asia-Pacific surged 14% and South America rose 15%, driven by strong brand execution and regional expansion. Key brands showed robust momentum: Coach grew 10%, Mont Blanc advanced 6%, Jimmy Choo jumped 8% with a 23% surge in Q2, and Salvatore Ferragamo soared 41% in Q2. Digital commerce, especially Amazon and TikTok Shop, became a significant growth driver, with TikTok Shop now the fourth-largest beauty e-commerce platform in the US. The company is preparing first fragrance launches for Longchamp and Off-White in 2027 and expanding in high-growth markets like India and Korea, while tariff impacts are expected to be minimal as manufacturing is primarily in Europe.

Interparfums, Inc. reported net sales of $341 million for the second quarter of 2026, a 2% increase from $334 million in the prior-year period, bringing first-half net sales to $686 million, also up 2%. European based net sales declined 4% to $231 million, while United States based net sales surged 18% to $113 million. Chairman and CEO Jean Madar noted that the war in the Middle East remained a headwind, reducing sales by 3% in the quarter, and that excluding this effect organic sales rose 4%. The company plans to release full financial results on August 4 and host a conference call on August 5.