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 basically to the profitable launches of the Coach and Coach Goals males’s and girls’s traces, Coach perfume gross sales rose from lower than 10 million euros in 2015 to nearly 190 million euros final 12 months.
“In lower than 10 years, now we have succeeded in constructing a respectable and coherent perfume providing based mostly on a high-quality model title acknowledged for each its picture and its merchandise,” Philippe Benacin, chairman and chief government officer of Interparfums SA, mentioned in an announcement Friday.
“We’re extraordinarily bold and assured within the model’s persevering with development within the quick, medium and long run, particularly pushed by its gender complementarity, with equal recognition for males’s and girls’s fragrances,” he continued.
Interparfums mentioned two new flankers for the Coach line are to be launched this 12 months.
Coach Goals Moonlight
Courtesy of Interparfums SA
“This marks continued pursuit of worldwide growth for the model within the perfumes sector,” Interparfums mentioned within the assertion.
In 2024, Interparfums SA’s web revenue reached 129.9 million euros on gross sales of 880.5 million euros, every up 10 % 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 % owned by the New York-based firm.
