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Interparfums ( (FR:ITP) ) has provided an update.
Interparfums and Coach have extended their fragrance partnership until June 2031, following a successful collaboration that saw Coach fragrance sales grow significantly. This renewal reflects Interparfums’ strategic focus on expanding its presence in the global perfume market, with plans to launch new products in 2025, reinforcing its commitment to long-term growth and market development.
More about Interparfums
Interparfums SA, founded in 1982 by Philippe Benacin and Jean Madar, is a company that develops, manufactures, and distributes prestige perfumes and cosmetics. It holds exclusive worldwide licenses for brands such as Boucheron, Coach, Jimmy Choo, and others, and owns Lanvin fragrances and the Rochas brand. The company operates in over 100 countries and is listed on the Euronext Paris Stock Exchange with a market capitalization exceeding €3 billion.
YTD Price Performance: 1.73%
Average Trading Volume: 3,755
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €3.14B
For a thorough assessment of ITP stock, go to TipRanks’ Stock Analysis page.