Acquisitions And Portfolio ExpansionInterparfums acquires niche fragrance brand Goutal, including worldwide intellectual property rights, reducing licensing risk and building a portfolio of owned brands.
Brand GrowthInterparfums has successfully grown brands of similar size to more meaningful contributors, as demonstrated by the growth of the Coach fragrance business.
Sales GrowthSales were up 10% year-over-year with broad-based growth across the portfolio and regions, indicating robust performance.