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.

In Full Year, sales increased by 18.5% to €38.26 billion reportedly and by 10.9% on a LFL basis. In Q4, sales rose 13.5% reportedly to €10.32 billion and 8.1% on a LFL basis.

Chief Finance Officer Laurent Mercier said that Coty would implement new price increases in a very granular manner.

Prior to launching her own brand, Chen served as Vice President of Operations at The Honest, a personal care brand founded by American actress Jessica Alba.

“A high-end brand should not only display a high-class space but also bring some inspiration, as its social value.”