Fragrance – Page 10 – Beautifaire

20 Sep

Coty Lifts Sales Outlook on Back of Fragrance Boom

Coty Inc. raised its full-year sales outlook because the fragrance effect shows no sign of slowing. The wonder company, which holds the fragrance licenses for myriad brands comparable to Gucci and Hugo Boss, said that within the 4 weeks because it released its latest quarterly earnings it has seen strong momentum in beauty demand across key markets and categories, particularly in prestige fragrances as Burberry Goddess sets latest market records. Consequently, Coty is now expecting core like-for-like sales growth of between 8 percent and 10 percent for fiscal 2024, up from its earlier guidance of 6 percent to eight percent. At the identical time, Coty lifted its adjusted EBITDA forecast to between about $1.08 billion and $1.09 billion, from a variety of $1.07...

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7 Sep

Richemont Pumps Up Fragrance Business With Latest Platform for

by Beautifaire101

Beauty, Featured

Richemont Pumps Up Fragrance Business With Latest Platform for

LONDON — Compagnie Financière Richemont is raising the bar on its beauty business with the formation of Laboratoire de Haute Parfumerie et Beauté, a platform geared toward scaling the fragrance brands in its portfolio. Boet Brinkgreve has been named chief executive officer of the division and reports to company chairman Johann Rupert. Brinkgreve will help the six maisons already involved in fragrance “to succeed in critical mass on this highly competitive field, where scale is crucial,” Richemont said. The corporate added the brand new platform “will leverage resources across our maisons to assist develop essentially the most refined creations and promising licenses.” Richemont brands with fragrances include Cartier, Van Cleef & Arpels, Chloé, Dunhill, Alaïa and Montblanc. The brands’ licensing partners including Interparfums...

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5 Sep

Hungry for Beauty, Fragrance Marks & Spencer Taps Floral

by Beautifaire101

Beauty, Featured

Hungry for Beauty, Fragrance Marks & Spencer Taps Floral

LONDON — September is shaping as much as be a landmark month for Marks & Spencer, which is returning to the elite FTSE 100 index of the London Stock Exchange on the back of sales and profit growth, and investing further in its beauty business. Third-party brands are proving to be big money-spinners for the division and now represent 42 percent of total sales at M&S Beauty. The shop said it has been seeing a big crossover between clothing, home and wonder customers, and next month it'll begin stocking greater than 30 Estée Lauder fragrances in-store and online. This week the retailer launched Floral Street, the indie fragrance brand owned and run by Michelle Feeney, a former Estée Lauder Cos. executive. Although...

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1 Sep

Mercedes-Benz Introduces ‘Land, Sea, Air’ Fragrance Trilogy for Men

by Beautifaire101

Beauty, Featured

Mercedes-Benz Introduces ‘Land, Sea, Air’ Fragrance Trilogy for Men

For its newest fragrance collection, Mercedes-Benz looked to its roots. Called Land, Sea and Air, respectively, the three-fragrance men’s range was inspired by the German luxury brand’s own signature star, which features three points, each signifying a component — and domain — and the brand goals to bring its engines. Retailing for $115 each, the fragrances can be found direct-to-consumer and at Dillard’s, and can roll out to Belk later this 12 months. Globally, the gathering is anticipated to enter greater than 20,000 doors. “Once we began to work on this project, the target was to provide a latest begin to Mercedes-Benz’s perfumes range in a novel and unexpected manner,” said Magalie Chauvin, international marketing director at INCC Parfums,...

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