PARIS – Coach and Interparfums SA have prolonged their perfume license till June 30, 2031.
The worldwide license for the U.S. leather-based items model was initially signed in 2015 and meant to final till June 30, 2026.
Due primarily to the profitable launches of the Coach and Coach Desires males’s and ladies’s traces, Coach perfume gross sales rose from lower than 10 million euros in 2015 to nearly 190 million euros final yr.
“In lower than 10 years, we now have succeeded in constructing a official and coherent perfume providing primarily based on a high-quality model identify acknowledged for each its picture and its merchandise,” Philippe Benacin, chairman and chief govt officer of Interparfums SA, mentioned in a press release Friday.
“We’re extraordinarily formidable and assured within the model’s persevering with development within the brief, medium and long run, particularly pushed by its gender complementarity, with equal reputation for males’s and ladies’s fragrances,” he continued.
Interparfums mentioned two new flankers for the Coach line are to be launched this yr.
“This marks continued pursuit of worldwide growth for the model within the perfumes sector,” Interparfums mentioned within the assertion.
In 2024, Interparfums SA’s internet revenue reached 129.9 million euros on gross sales of 880.5 million euros, every up 10 p.c on-year.
Alongside Coach, the corporate’s portfolio of perfume manufacturers contains Boucheron, Jimmy Choo, Karl Lagerfeld, Lacoste, Lanvin, Moncler, Montlbanc and Van Cleef and Arpels. Interparfums owns the Rochas perfume and trend model.
Interpfums SA has inked a perfume license with Off-White, which is efficient on Jan. 1, 2026.
Interparfums SA is the subsidiary of Interparfums Inc. It’s 72 p.c owned by the New York-based firm.