on INTER PARFUMS (EPA:ITP)
Interparfums Projects Steady Growth Through 2025
Interparfums anticipates robust sales growth of over 10% in 2024, driven by Lacoste fragrances. This follows the brand's distribution overhaul and relaunch, with sales expected to reach between €880 and €890 million. The operating margin is forecasted to exceed 19% due to tight cost control and a strong gross margin.
2025 marks the launch of Solférino®, a proprietary premium brand targeting the collector’s fragrance market. Initially, it will be sold through a selective network and a dedicated boutique. The move underscores Interparfums' strategy to grow in the high-end market.
Anticipated 2025 sales are between €910 and €930 million, with a continued operating margin above 19%. Expansion will also focus on established brands like Lacoste and Jimmy Choo.
R. E.
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