INTERPARFUMS INC

Interparfums, Inc. (NASDAQ: IPAR) is a prestige fragrance company founded in 1982 that manufactures, markets, and distributes a diverse portfolio of high-end fragrances and fragrance-related products globally. The company operates through two primary segments: European-based operations, which represent approximately 68 percent of net sales, and United States-based operations, representing approximately 32 percent of net sales. The company website is located at www.interparfums.com.

The company does not own manufacturing facilities but instead operates as a general contractor, sourcing components from suppliers and engaging third-party fillers to manufacture finished products. This asset-light model allows Interparfums to focus on brand development, marketing, and distribution rather than capital-intensive production operations.

Interparfums maintains a robust portfolio of prestige brands distributed across more than 120 countries. The company's largest brands include Jimmy Choo, Coach, Montblanc, GUESS, Donna Karan/DKNY, Lacoste, and Ferragamo. The company owns certain brands outright, including Rochas, Lanvin, Goutal, Off-White, and its proprietary niche fragrance brand Solférino, while operating numerous others under exclusive license agreements with brand owners. License agreements typically include minimum sales requirements and advertising expenditures.

The company's European operations are conducted through Interparfums SA, a 72 percent-owned subsidiary based in Paris that is itself publicly traded on Euronext. The United States operations are managed through Interparfums, USA LLC, headquartered in New York. Additional subsidiaries maintain sales and distribution offices in Switzerland, the United Arab Emirates, Hong Kong, Singapore, and South Korea.

Interparfums' business strategy focuses on developing quality fragrances under internationally recognized brand names, creating fragrance family extensions and new collections regularly, and targeting receptive markets where brands maintain strong recognition. The company pursues growth through strategic acquisitions of brand intellectual property rights, expansion of existing license agreements, and entry into new licensed brand partnerships. The company's largest retail customer, Macy's, accounted for approximately 10 percent of net sales in 2025.