European Operations Net Sales Growth
European-based operations reported net sales grew 6% in the second quarter and 7% in the first half of the year, showing robust performance led by Jimmy Choo fragrances.
North America Sales Increase
In the first half of the year, North America sales rose 7%, indicating solid growth in one of the company's largest markets.
Gross Margin Expansion
Gross margin expanded by 170 basis points to 66.2% for the second quarter and 150 basis points to 65% for the first 6 months, driven by favorable brand and channel mix.
New Brand Additions and Innovations
Interparfums signed a new fragrance license with Longchamp and is set to launch various new products such as Lacoste Original Parfum and Montblanc Explorer Extreme.
E-commerce Channel Growth
The company is seeing strong momentum in e-commerce channels, with expanding presence on Amazon and platforms like Divabox and TikTok Shop showing promising growth.