长沙白资U币兑换|【唯一TG:@heimifeng8】|多语言谷歌留痕软件✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨U.S. perfume prices to rise 6% to 7% as Interparfums responds to 10% tariffs
AFP Translated by
Nazia BIBI KEENOO Published
April 18,长沙白资U币兑换 2025
French fragrance manufacturer Interparfums plans to raise prices in the United States by 6% to 7% beginning August 1 in response to the new 10% tariffs imposed on imported goods. The company manages the perfume lines of several global fashion brands, including Coach, Jimmy Choo, Montblanc and Lacoste.
CEO Philippe Benacin made the announcement Thursday at the company's annual shareholder meeting in Paris. "We haven't run the full calculations yet since these measures were only finalized 48 to 72 hours ago, but I believe we'll end up with an additional €5 to €6 million in expenses this year,” he told investors.
The U.S. is Interparfums' largest market, accounting for 38% of its total revenue in 2025. Despite the anticipated impact of tariffs, Benacin shared a confident outlook. "In the U.S., we've had a very strong first quarter. You'll see for yourself in a few days," he said. Interparfums will publish its Q1 results on April 24.
Benacin also announced the renewal of a key licensing agreement with American fashion brand Coach, extending through 2031. In 2025, Coach perfumes generated €43 million in sales for Interparfums, making it one of the group's top-selling licenses after Jimmy Choo, which brought in €56.3 million.
In total, Interparfums reported a 10% increase in net profit for 2025, reaching €129.9 million. The group also achieved an operating margin above 20% for the year.
Paris, April 18, 2025 (AFP)