Inter Parfums Achieves Sales of $309M, Hitting Record High in Q2

Inter Parfums expects a more optimistic market in China in 2024.

Recently, perfume maker Inter Parfums Inc. released its financial results for the second quarter ended June 30, 2023 .

Inter Parfums Inc. said net sales for the second quarter increased 26% to $309 million from $245 million in the second quarter of 2022. On a comparable foreign currency basis, second quarter net sales increased 25 percent compared to the second quarter of 2022, an all-time high

By region, Inter Parfums Europe grew 19% to $198 million, driven by its three largest brands, Coach, Jimmy Choo and Montblanc, which increased sales by 28%, 21% and 16%, respectively.

The business in U.S. achieved solid growth of 42% in the second quarter, with strong performance across most major brands in the portfolio. Guess fragrances grew 30%, driven by sales of Seductive Blue and Uomo Acqua fragrances, while Ferragamo by Inter Parfums was strong and Oscar de la Renta had a strong quarter.

In addition, Van Cleef & Arpels, Boucheron, and fashion labels Rochas and Kate Spade also contributed to sales growth. Guess fragrances continued to be successful, with a “very good” quarter across all regions, compared to 2022.

Looking ahead, Jean Madar, CEO of Inter Parfums, noted: “Once again, gift sets will play an important role in our consolidated third quarter sales. We expect to release several extensions with a strong emphasis on the Donna Karan/DKNY, Ferragamo and GUESS brands for U.S. based operations.

“For European based operations, we have a pipeline of releases, including new entries for the Karl Lagerfeld Les Parfums Matières collection and the debut of a new member of the Van Cleef & Arpels Collection Extraordinaire. Additionally, we will begin distributing the very popular fragrance, Abercrombie & Fitch Fierce in select markets.

“As planned, the Chinese market has not yet recovered its vitality and remains slow, however, the overall impact is marginal, and factored into our second half forecast. We expect a more upbeat market in 2024 for China,” He added.




Subscribe for unlimited readership of the most professional, comprehensive and unbiased articles backed by data.
Starting at $8.33 per month if you subscribe a Pro Annual Plan


Beauty News

Industry News, Broadcast and Breakings

Industry Stats

In-depth Statistics from all aspects to dig out the sales, up and downs.

Consumer Research

Exclusive service to survey numerous consumers across the country and get the best expected results

Brand Analysis

Examine and analyse a brand in details to conclude a report showcasing the desired information

Niche Market Research

Study into the niche product market, producing whitepaper helpping business to understand the potential, development of a product and make decisions.


Retail / Distributor Finder

Help brand distribute in China.

Cosmetics/ Makeup Compliance

Help make your product legal in China

OEM/ODM Manufacturers

Know what's trending or find the best possible material / ingredient / product supplier

Scroll to Top

Subscribe Yearly Member to Read More