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Fragrance Tag

10 Sep

Can the Lipstick Effect, or the Fragrance Effect, Trump

Can the Lipstick Effect, or the Fragrance Effect, Trump
Soaring inflation across the U.S. is not possible to disregard. From the gas station to the food market to the house, every a part of life is being impacted. And that’s true for the sweetness sector, too. In a slew of summer trading updates, global beauty firms cited inflation as a headwind that has caused price increases. Coty Inc., whose brands include CoverGirl, Gucci Beauty, Lancaster, Kylie Cosmetics and Skkn by Kim, implemented low-single-digit price increases in the course of the second half of fiscal ’22 and is now within the means of arranging more hikes, this time within the mid-single-digits. “That’s the way in which we're tackling this inflation,” chief executive officer Sue Nabi said in an August interview. On the Estée Lauder...
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10 Sep

L’Oréal’s China Fund Makes First Investment in Chinese Fragrance

L’Oréal’s China Fund Makes First Investment in Chinese Fragrance
SHANGHAI — L’Oréal’s China Fund, Shanghai Meicifang Investment, has taken a minority stake in Chinese fragrance brand Documents. That is Meicifang’s first investment within the China market. Meicifang’s minority stake marks the closing of Documents’ Series A round investment of greater than $10 million renminbi, or $1.4 million. Cathay Capital’s Consumer Co-Creation Fund also led this round of investment. The news was unveiled during Shanghai May 5 Shopping Festival’s Global Recent Products Debut Season event today, in keeping with local media reports. “Documents just isn't only an emerging pioneer within the Chinese high-end personalized beauty market, but in addition a Chinese fragrance brand popular amongst young Chinese shoppers for its signature oriental aesthetics,” Fabrice Megarbane, president of L’Oréal North Asia and CEO of L’Oréal...
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4 Sep

Perfumer Sue Phillips Opens Custom Fragrance Salon in Recent

Perfumer Sue Phillips Opens Custom Fragrance Salon in Recent
Sue Phillips is opening a scent salon.  Not a scent boutique, nor a scent store, but a salon, asserted the perfumer, who has created fragrances for brands including Burberry, Tiffany & Co. and Avon and founded her own company, Scenterprises Inc., in 1990.  “The whole lot that I’ve done has been serendipitous,” said Phillips as she reflected on her wide-ranging profession moves, which include marketing stints at Lancôme and Elizabeth Arden, creating bespoke fragrances for A-listers resembling Zendaya and Jamie Foxx, writing a book, launching a Scentbird partnership and developing a ritual to assist those with COVID-19-induced anosmia get better their sense of smell.  Suffice it to say, Phillips is not any stranger to the art of the pivot.  While Phillips opened a custom...
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2 Sep

James Taffin de Givenchy Brings Fragrance to Bergdorf Goodman

James Taffin de Givenchy Brings Fragrance to Bergdorf Goodman
Twenty-six years after founding his jewelry brand, James Taffin de Givenchy is breaking into recent beauty territory. Taffin, de Givenchy’s namesake couture jewelry brand, is unveiling its first fragrance collection. Called Les Couleurs de Taffin, the gathering includes seven scents, each priced at $450. The range will mark its debut at Bergdorf Goodman on Monday. The superb jewelry brand began in 1996, specializing in one-of-a-kind pieces with unconventional mixes of materials, comparable to diamonds in ceramic settings. It’s that very same tension between the weather he hoped to create with the fragrances. “I’ve been fascinated by the fragrances since 2000, after I opened my first space, I actually desired to go into the fragrance business. I believed I'd do a single fragrance that...
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