Interparfums SA shares tumbled on Wednesday after the French fragrance maker issued a revised outlook for 2025, signaling weaker-than-expected performance ahead. The stock closed down 8.9 percent at 24.26 euros.The company said that although the global fragrance market is projected to deliver “modest growth” in 2025, overall consumption has slowed, weighing on expectations.
Interparfums SA now anticipates generating approximately 890 million euros in sales at current exchange rates, or 900 million euros at constant exchange rates.This marks a further adjustment after July, when Interparfums trimmed its full-year estimates due to the euro’s appreciation against the U.S. dollar. At that time, the company said sales were tracking toward the lower end of its initial forecast, at around 910 million euros.
Looking ahead, the group warned that 2025 results will likely be affected by a challenging economic and geopolitical backdrop, a negative euro–dollar impact estimated at 20 million euros and an unfavorable comparison base following the end of its Boucheron license on Dec. 1.
Interparfums SA — a subsidiary 72 percent owned by New York–based Interparfums Inc. — said its strategic priorities will shift toward 2026. The company plans to launch new line extensions and prepare for major debuts for Off-White and Longchamp slated for 2027, alongside opening a new chapter for the Annick Goutal brand. It also aims to broaden the international footprint of Solférino Paris, which is expected to enter additional retail doors in the first half of next year.
