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The global fashion business journal

Dec 4, 20207:27pm

Interparfums sets path to 500 million boosted by new launches

The company expects to end its current fiscal year with sales of 480 million euros. Montblanc, Lanvin and Rochas are the main drivers of the group.

Nov 21, 2019 — 4:43pm
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Interparfums sets path to 500 million boosted by new launches

 

 

Interparfums forecast bright end of the year. The fragrances group plans to end its fiscal year with sales of 480 million euros and break the 500 million euros barrier by 2020. During the last year, the company launched three new perfumes lines of Lavin, Jimmy Choo and Montblanc.

 

The Montblanc Explorer line will close the year with a revenue of 40 million euros “without impacting Legend line sales,” as stated by the group in a press release. The entire Montblanc brand will end the fiscal year with a 25% growth, to 135 million euros. Jimmy Choo and Coach will also contribute to growth.

 

For its 2020 full year outlook the group plans to break the 500 million euros barrier boosted by new releases. Launches for the Coach brand will take place in the beginning of the year, and the Jimmy Choo brand at the end of the year.

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