Luxe.CO Intelligence, the fashion industry research institution under Luxe.CO, is proud to introduce the inaugural “2023 China Vitality Ranking of High-End Fragrance Brands.”
Maison Francis Kurkdjian’s CEO Marc Chaya in an exclusive interview with Luxeplace.com.
In the European region, sales surpassed North Asia, making it the top market, while the mainland China market demonstrated strong recovery in the second quarter.
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.
Cristal Union comprises over 9,000 beetroot growers, to improve the growing conditions of beetroot, used to extract alcohol for perfume production.
In 2021, Natura launched the venture capital fund Fable Investments, with Perfumer H being its first investment target.
Over the past two years, Juliette Has A Gun’s revenue has doubled, with global retail sales reaching €120 million in 2022, with China accounting for over 30% of the market share.
“Our 2023 first quarter was the best ever sales quarter in our history as our European based operations grew the top line by 26% or 29% in constant currency and U.S. based operations by 19%.”
In 2022, Puig, which is 100% family-owned, achieved a new sales record, with revenue increasing by 40% year-on-year to €3.62 billion and net profit increasing by 71% to €400 million.
Back in 2008, L’Oreal Group acquired YSL Beauty (Yves Saint Laurent Beauté) for 1.7 billion euros.
