Interparfums is hot and growing well on the Paris Stock Exchange after the release of the “Richemont mortgage”

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Interparfums’ visual highlights the “juice” of Van Cleef & Arpels. The high jewellery brand, part of the Swiss group Richemont, entrusted its first licence (for 12 years) to the French perfumer at the end of 2006, followed by a first renewal in January 2019 (for six years) and a second one (for nine years), to be released from January 2025 onwards.
Middle spices

Our recommendations for action INTERPARFUMS – Luxury perfumer returns to growth in Q2. I was relieved by the renewal of Van Cleef & Arpels’ license.

Who says better? On the Paris Stock Exchange, Interparfums shares rose 17% this morning, the top gainer on the SBF 120 index. Even though she always losesin the consecutive year, it was about 21%.

The luxury brand perfumer announced two good news: on the one hand, the “Richemont risk”, This has weighed on the stock for about a year.even if it has not disappeared, it has only weakened. On the other hand, the group has confirmed its status as a growth stock.

Van Cleef & Arpels is not “Cartierized”!

Last episode reminder: Interparfums has some of its own brands, such as Lanvin and Rochas. But to a large extent its activity stems from licenses that luxury brands commission through contracts. Swiss group Richemont owns Cartier, which produces all its fragrances in-house. And Montblanc, which is a major contributor to Interparfums’ sales: this license alone represents about a quarter of the group’s activity.

And Van Cleef & Arpels (VC&A), if that’s the case…

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