Coach and Interparfums Extend Their Partnership in the Universe of Fragrances Until June 2031
Interparfums (NASDAQ: IPAR) has announced the extension of its exclusive worldwide fragrance license agreement with Coach until June 30, 2031, adding five years to the original partnership that began in 2015.
The collaboration has been highly successful, with Coach fragrance sales growing from under €10 million in 2015 to approximately €190 million in 2024. The partnership's success is attributed primarily to the successful launches of Coach and Coach Dreams men's and women's lines.
Looking ahead, two significant new flankers for the Coach line are planned for launch in 2025, demonstrating the continued commitment to worldwide development in the perfumes sector. The brand has achieved notable success with equal popularity across both men's and women's fragrances.
Interparfums (NASDAQ: IPAR) ha annunciato l'estensione del suo accordo di licenza esclusiva mondiale per le fragranze con Coach fino al 30 giugno 2031, aggiungendo cinque anni alla partnership originale iniziata nel 2015.
La collaborazione è stata molto fruttuosa, con le vendite delle fragranze Coach che sono passate da meno di 10 milioni di euro nel 2015 a circa 190 milioni di euro nel 2024. Il successo della partnership è attribuito principalmente ai lanci di successo delle linee Coach e Coach Dreams per uomini e donne.
Guardando al futuro, sono in programma due nuovi flankers significativi per la linea Coach da lanciare nel 2025, dimostrando il continuo impegno nello sviluppo globale nel settore delle fragranze. Il marchio ha raggiunto un notevole successo con una popolarità equamente distribuita tra le fragranze maschili e femminili.
Interparfums (NASDAQ: IPAR) ha anunciado la extensión de su acuerdo de licencia exclusiva mundial para fragancias con Coach hasta el 30 de junio de 2031, añadiendo cinco años a la asociación original que comenzó en 2015.
La colaboración ha sido muy exitosa, con las ventas de fragancias de Coach creciendo de menos de 10 millones de euros en 2015 a aproximadamente 190 millones de euros en 2024. El éxito de la asociación se atribuye principalmente a los lanzamientos exitosos de las líneas Coach y Coach Dreams para hombres y mujeres.
De cara al futuro, se planean lanzar dos nuevos flankers significativos para la línea Coach en 2025, lo que demuestra el compromiso continuo con el desarrollo mundial en el sector de las fragancias. La marca ha logrado un notable éxito con una popularidad equitativa en las fragancias masculinas y femeninas.
Interparfums (NASDAQ: IPAR)는 Coach와의 전 세계 독점 향수 라이센스 계약을 2031년 6월 30일까지 연장한다고 발표했으며, 이는 2015년에 시작된 원래 파트너십에 5년을 추가하는 것입니다.
이 협력은 매우 성공적이었으며, Coach 향수의 판매는 2015년 1천만 유로 이하에서 2024년에는 약 1억 9천만 유로로 증가했습니다. 파트너십의 성공은 주로 Coach와 Coach Dreams 남성 및 여성 라인의 성공적인 출시 덕분입니다.
앞으로 2025년에는 Coach 라인을 위한 두 개의 중요한 새로운 플랭커가 출시될 예정이며, 이는 향수 분야에서의 세계적 개발에 대한 지속적인 의지를 보여줍니다. 이 브랜드는 남성과 여성 향수 모두에서 고른 인기를 얻으며 주목할 만한 성공을 거두었습니다.
Interparfums (NASDAQ: IPAR) a annoncé l'extension de son accord de licence exclusive mondial pour les parfums avec Coach jusqu'au 30 juin 2031, ajoutant cinq ans au partenariat original qui a débuté en 2015.
La collaboration a été très réussie, avec les ventes de parfums Coach passant de moins de 10 millions d'euros en 2015 à environ 190 millions d'euros en 2024. Le succès du partenariat est principalement attribué aux lancements réussis des lignes Coach et Coach Dreams pour hommes et femmes.
Pour l'avenir, deux nouveaux flankers significatifs pour la ligne Coach sont prévus pour un lancement en 2025, démontrant l'engagement continu envers le développement mondial dans le secteur des parfums. La marque a connu un succès notable avec une popularité égale dans les parfums pour hommes et pour femmes.
Interparfums (NASDAQ: IPAR) hat die Verlängerung seines exklusiven weltweiten Lizenzvertrags für Düfte mit Coach bis zum 30. Juni 2031 bekannt gegeben, was fünf Jahre zur ursprünglichen Partnerschaft hinzufügt, die 2015 begann.
Die Zusammenarbeit war äußerst erfolgreich, wobei die Verkaufszahlen der Coach-Düfte von unter 10 Millionen Euro im Jahr 2015 auf etwa 190 Millionen Euro im Jahr 2024 gestiegen sind. Der Erfolg der Partnerschaft wird hauptsächlich den erfolgreichen Markteinführungen der Coach- und Coach Dreams-Linien für Männer und Frauen zugeschrieben.
Für die Zukunft sind zwei bedeutende neue Flanker für die Coach-Linie geplant, die 2025 auf den Markt kommen sollen, was das fortwährende Engagement für die weltweite Entwicklung im Parfummarkt zeigt. Die Marke hat bemerkenswerte Erfolge mit gleicher Beliebtheit in den Herren- und Damendüften erzielt.
- Sales growth from €10M to €190M in 9 years (2015-2024)
- License agreement extended for 5 additional years until 2031
- Strong performance in both men's and women's fragrances segments
- Two new product launches planned for 2025
- None.
NEW YORK, March 14, 2025 (GLOBE NEWSWIRE) -- Interparfums, Inc. (NASDAQ GS: IPAR) announced that its
COACH AND INTERPARFUMS EXTEND THEIR PARTNERSHIP IN THE
UNIVERSE OF FRAGRANCES UNTIL JUNE 2031
In 2015, Coach and Interparfums signed an exclusive worldwide license agreement for the creation, the manufacturing and the distribution of fragrances under the Coach brand until June 30, 2026.
Thanks primarily to the successful launches of Coach and Coach Dreams men’s and women’s lines, sales of Coach fragrances increased from less than
In this context, the two companies have decided to renew their partnership for an additional five-year period, thereby extending the license until June 30, 2031.
Two significant new flankers for the Coach line will be launched in 2025. This marks continued pursuit of worldwide development for the brand in the perfumes sector.
Philippe Benacin, Chairman and CEO commented: “In less than ten years, we have succeeded in building a legitimate and coherent fragrance offering based on a high-quality brand name recognized for both its image and its products. We are extremely ambitious and confident in the brand’s continuing growth in the short, medium and long-term, especially driven by its gender complementarity, with equal popularity for men’s and women’s fragrances.”
About Interparfums SA:
Founded by Philippe Benacin and Jean Madar in 1982, Interparfums develops, manufactures and distributes prestige perfumes and cosmetics as the exclusive worldwide licensee for Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, Moncler, Montblanc and Van Cleef & Arpels. The company is also the owner of Lanvin fragrances and the Rochas brand. With products sold in over 100 countries worldwide through a selective distribution network, in 2024 Interparfums had consolidated sales of
Contacts:
Philippe Benacin
Chairman - Chief Executive Officer
Philippe Santi
Executive Vice President
Cyril Levy-Pey
Corporate Communications Manager
+ 33 (0)1 53 77 00 00
www.interparfums.fr
About Coach:
Coach is a global fashion house founded in New York in 1941. Inspired by the vision of Creative Director Stuart Vevers and the inclusive and courageous spirit of its hometown, the brand makes beautiful things, crafted to last—for you to be yourself in. Coach is a Tapestry, Inc. brand. Tapestry is publicly listed on the New York Stock Exchange under the ticker TPR.
Press Inquiries:
Amanda Garcia Santana
Global Head of PR & Talent Relations
agarciasantana@coach.com
Brooke Hudson
Director, Global Public Relations
bhudson@coach.com
About Interparfums, Inc.:
Operating in the global fragrance business since 1982, Interparfums, Inc. produces and distributes a wide array of prestige fragrance and fragrance related products under license agreements with brand owners. Interparfums, Inc. manages its business in two operating segments, European based operations, through its
The portfolio of prestige brands includes Abercrombie & Fitch, Anna Sui, Boucheron, Coach, Donna Karan/DKNY, Emanuel Ungaro, Ferragamo, Graff, GUESS, Hollister, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lacoste, MCM, Moncler, Montblanc, Oscar de la Renta, Roberto Cavalli, and Van Cleef & Arpels, whose products are distributed in over 120 countries around the world through an extensive and diverse network of distributors. Interparfums, Inc. is also the registered owner of several trademarks including Lanvin and Rochas.
Forward-Looking Statements:
Statements in this release which are not historical in nature are forward-looking statements. Although we believe that our plans, intentions, and expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such plans, intentions, or expectations will be achieved. In some cases, you can identify forward-looking statements by forward-looking words such as "anticipate, "believe", "could", "estimate", "expect", "intend", "may", "should", "will", and "would" or similar words. You should not rely on forward-looking statements, because actual events or results may differ materially from those indicated by these forward-looking statements as a result of a number of important factors. These factors include, but are not limited to, the risks and uncertainties discussed under the headings “Forward Looking Statements” and "Risk Factors" in Interparfums, Inc.'s annual report on Form 10-K for the fiscal year ended December 31, 2024, and the reports Interparfums, Inc. files from time to time with the Securities and Exchange Commission. Interparfums, Inc. does not intend to and undertakes no duty to update the information contained in this press release.
| Contact Information: | ||
| Interparfums, Inc. | or | The Equity Group Inc. |
| Michel Atwood | Karin Daly | |
| Chief Financial Officer | Investor Relations Counsel | |
| (212) 983-2640 | (212) 836-9623 / kdaly@equityny.com | |
| www.interparfumsinc.com | www.theequitygroup.com | |
FAQ
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