Divya Gugnani is dipping her toes into fragrance with a latest brand.
The investor and serial entrepreneur — she also cofounded Wander Beauty — has developed a latest brand of fragrances called 5 Sens. Based on the thought of democratizing luxury fragrance collections, the eaux de parfums are priced at $65 for 30-ml. Each is available in a 10-ml travel size as well, priced at $29. It launches this month direct-to-consumer on the brand’s website.
From her purview across different sectors of the industry, Gugnani posited that fragrance was the last remaining category in beauty ripe for a shake-up.
“The beauty market has been disrupted in hair, in skin, in color. Fragrance hasn’t been disrupted — it's dominated by luxury fashion houses...
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