Luxe.Co Intelligence released a brand new research report! Fragrance and Beauty Brands in High-End Hotels.
The inspiration for the three fragrances comes from rare plants of the Medici era and the gardens of several villas built by the Medici family, which were designated as UNESCO World Heritage sites in 2013.
Over the past year (June 2022 to June 2023), a total of 351 dynamics were recorded for 38 niche fragrance brands in China. Among these brands, 19 opened 58 new stores, while 15 brands launched 39 pop-up shops.
Cristal Union comprises over 9,000 beetroot growers, to improve the growing conditions of beetroot, used to extract alcohol for perfume production.
Sabé Masson, a niche perfume brand, positions itself as a new generation of fragrance products and specializes in the concept of “Soft Perfumes.” The brand currently operates a boutique store in Haut-Marais, Paris.
As of the fiscal year ending on March 31, 2023, Creed’s revenue exceeded €250 million.
Advent will acquire a majority stake in SBGC company from Julien Sprecher, while Sprecher will retain his current position and a minority stake in the company.
Skincare, lipstick, and eye makeup products are the top three products in terms of export volume.
Adjusted EBITDA increased 7.3% at constant currency to CHF 440 million.
For the full fiscal year 2022, reported net sales were $12.44 billion, showing an increase of 7% compared to the prior year period. On a comparable basis, currency-neutral sales increased by 9%, with growth achieved across all divisions, led by double-digit increases in Nourish and Pharma.