Philippe Benacin

Philippe Benacin met Jean Madar at business school in Paris and shared Madar's entrepreneurial ambition to enter the fragrance industry. Benacin brought complementary skills in finance and operations, and he has served as Vice Chairman and CEO of the European subsidiary, Interparfums SA, which is publicly traded on the Euronext. His role has been critical in managing the European operations that represent approximately 72% of total revenue, including relationships with European brand licensors, retailers, and suppliers.

Philippe Benacin is a French entrepreneur who co-founded Interparfums in 1982 with Jean Madar while they were business school students in Paris. Benacin brought complementary skills in finance, operations, and European market development to the partnership. He has served as Vice Chairman of Interparfums, Inc. and as CEO of Interparfums SA, the company's 72% owned European subsidiary that is publicly traded on the Euronext under ticker ITP. Under his leadership, the European subsidiary has grown to represent approximately 72% of total revenue, managing licenses for European brands like Lanvin, Rochas, Boucheron, and Van Cleef & Arpels, as well as the European distribution of global brands like Jimmy Choo and Montblanc. Benacin has been instrumental in building the European retail relationships, regulatory compliance framework, and supplier network that support the company's asset-light model. His management of the Paris subsidiary has ensured that European operations consistently generate higher gross margins (65.5% in Q1 2025) than the U.S. segment, reflecting the premium positioning and duty-free exposure of the European business. Benacin's dual role as co-founder and European CEO has been critical to maintaining the dual-structure operating model that provides local market expertise in the world's largest prestige fragrance market.