Company: IPAR
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001753926-25-001236
Chunk: 50

Company: INTERPARFUMS INC
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 7
Chunk 50
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 product launches and tariff generated supply chain disruptions.  Roberto Cavalli fragrance sales continue to benefit from our integration, growing 23% and 25% in the three and six months ended June 30, 2025, respectively, compared to the corresponding periods in the prior year. MCM sales rose by 3% in the second quarter compared to the second quarter of 2024 with the continued success from the launch of the MCM Collection. For the six months ended June 30, 2025, United States based operations sales decreased 12% on a reported basis and 6% on an organic basis, compared to the corresponding period of the prior year.

While the second quarter saw a slight overall decline, we are confident in our future as we look forward to executing our plans for the remainder of 2025. A new blockbuster, Roberto Cavalli Serpentine, began limited distribution in the second quarter and will expand throughout the remainder of the year. We have a large number of brand extensions across many of our brands launching throughout the year, including a new flanker for Lacoste Original and a new flanker for I Want Choo in the second half of 2025. Additionally, extensions are set to debut for Donna Karan Cashmere Collection, GUESS Bella Vita, and DKNY 24/7. While the pace of growth in the fragrance market is starting to slow down, the power of our diverse brand portfolio, in combination with our agile operating model, should help us gain market share.

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INTERPARFUMS, INC. AND SUBSIDIARIES

Net Sales to Customers by Region
 
Six Months Ended

  (In millions)

June 30,

2025

2024

North America
 
$
245.4

$
229.7

Western Europe

176.1

170.6

Asia/Pacific 

91.8

104.8

Central and South America

63.6

59.2

Middle East and Africa

50.1

61.6

Eastern Europe

45.8

40.3

$
672.8

$
666.2

In the six months ended June 30, 2025, net sales in our largest market, North America, rose 7% as compared to the prior year period, followed by an increase in Western Europe of 3%. Our sales in Asia/Pacific decreased by 12% driven by a higher