Co-Founder, Vice Chairman & President, Interparfums
Search every verified Philippe Benacin interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Philippe Benacin, co-founder and president of Interparfums, has discussed the company's financial performance and strategic outlook in several interviews in 2023. He reported a 43% increase in net profit for the first half of 2023 and raised the company's annual revenue forecast to around 800 million euros, driven by strong growth in the United States and Europe. Benacin noted that the company is aiming to approach one billion euros in revenue within three to four yearskus. He described the current period as "very difficult" due to supply-chain problems, raw-material shortages, and inflation, but stated that the company has not significantly raised prices, with only a 5% increase in February 2023. Benacin has commented on the company's brand portfolio and market trends. He stated that Interparfums is not heavily dependent on China, which represents about 3% of revenue, and that growth in that market has been flat. He expressed confidence in the company's licensing agreements, noting the renewal of the Mont Blanc license until 2030 and the upcoming launch of a Lacoste license in 2024. Benacin also observed a growing demand for niche, high-end perfumes priced between 200 and 300 euros, a segment he previously doubted. He attributed the unexpected success of the Jimmy Choo "Legend" launch to the product's quality and immediate consumer appeal, noting it exceeded initial sales projections.
“The financial debt is not a concern today because we purchased the Solférino offices, our headquarters, which we previously rented, accounting for 100 million euros of debt. Additionally, we recently signed the Lacoste license starting in 2024, for which we paid a 50 million euro entry fee with a repayment plan over fi...”
“We have practically not increased our prices in the last two years, with the first significant price increase of only 5% made this year in February. Our price levels remain relatively low, around 100 to 110 euros for 100 ml sizes.”
“The global perfume market is colossal, over 45 billion dollars, and the trend in recent years has been a continuous increase. One explanation is that during COVID, especially in the US, people started to perfume themselves more frequently even at home, which led to a resurgence in perfume consumption worldwide.”
“We face huge supply chain problems with massive congestion in all our factories, requiring planning 18 to 24 months ahead. We have to work blindly with very long lead times, even though our order books are only three months long.”
Ce mercredi 1er mars, Philippe Bénacin, président directeur général d'Interparfums, abordé les causes du meilleur résultat de ...
Ce mercredi 13 septembre, Philippe Bénacin, président d'Interparfums, s'est penché sur la bonne santé des maisons du luxe, ...
Interparfums represents brands like Coach, Jimmy Choo, Montblanc, Moncler, Kate Spade, Van Cleef & Arpels and many more.
Ce mardi 25 juillet, Philippe Bénacin, président d'Interparfums, s'est penché sur la réalisation de ses objectifs annuels en termes ...
"J'ai dit à François Hollande qu'on remettrait le sigle du Parti socialiste à l'intérieur de la cour". Philippe Benacin, Directeur ...
BUSINESS CLUB | Fabienne Lissac s'entretient dans ce numéro avec Philippe Benacin, cofondateur et PDG d'Interparfums, qui a ...
Philippe Bénacin, PDG de la société Interparfums, est l'invité de l'émission Business Club. Il évoque le développement de ...
Ce jeudi 22 avril, Philippe Bénacin, PDG d'Interparfums, s'est penché sur la hausse d son chiffre d'affaires et son positionnement ...
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