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Interparfums, Inc.

United States 路 NASDAQ:聽IPAR 路 Market cap: 路 P/E: 路 P/S:

Interparfums makes and sells perfumes and fragrance products under license for famous fashion and lifestyle brands, plus its own brands.

Interparfums is a fragrance company. It creates, makes, and distributes perfumes and colognes that carry the names of famous fashion and lifestyle brands, and it also owns a few brands of its own. When you see a bottle of Coach perfume or a Jimmy Choo scent on a department store counter, there is a good chance this company made it and sells it.

The core of the business is licensing. Big fashion houses like Coach and Jimmy Choo are great at designing handbags and clothes, but most don't want to run a perfume factory. So they rent their brand name to Interparfums, which handles the messy parts: coming up with the scent, designing the bottle, manufacturing it, and getting it onto shelves. Interparfums pays the brand owner a royalty, and it keeps the rest. The company also runs its own smaller brands, like Lanvin and Rochas, where it keeps the whole profit instead of sharing it. It sells mostly through department stores, specialty shops, and travel retail, and it also does a growing online business. The appeal to a brand owner is simple: Interparfums brings expertise and a ready distribution network, and the owner collects a check without spending a dime on factories. The appeal to customers is that a $100 bottle of designer perfume feels like a small, affordable slice of a luxury label. The risk sits on the other side of the ledger. Licenses expire, and if a big brand decides to take its fragrance business in-house or hand it to a rival, Interparfums loses that revenue overnight. That is why the company has worked to build its own brands and sign long-term deals, so it does not depend too heavily on any single name.


Interparfums is headquartered in New York, but its roots and much of its operations are French. It was founded in 1982 by Jean Madar and Philippe B茅nacin, and it grew by steadily collecting licenses and launching new scents. One of its boldest moves was buying the Rochas fashion house outright, giving it a permanent brand it controls rather than one it merely rents. The company is generally profitable and throws off steady cash, which it uses to pay dividends, buy back shares, and fund new launches. Fragrance is a fashion business, so tastes shift, and a scent that sells well one year can fade the next. But the model is durable: as long as people want to smell good and famous brands want royalty checks, Interparfums has a role to play.

Saved answer 路 last researched 5 Nov 2026