The Interparfums group was affected by exchange-rate fluctuations in the third quarter and saw sales decline despite growth in Jimmy Choo fragrances and strong sales momentum in France and the Americas.
Sales totalled €253.5 million for the three months from July to September, down 1.6% on the same period last year, the group said in a press release on Tuesday.
The decline was due to "the weakness of the dollar", Interparfums said, noting that, at constant exchange rates, sales were up by 1.6%, "reflecting solid momentum across the group's flagship brands, notably Jimmy Choo fragrances."
This was, "despite a high comparison base, linked to record activity in the third quarter of 2024", it added. Sales had jumped 20% last year.
"In the current geopolitical and economic context, we del