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Browsing by tag: fragrance sales

Our tastes have changed

Posted by Robin on 26 September 2017 2 Comments

Significantly, the top 10 bestselling fragrances globally are predominantly designer-led, with Chanel’s iconic No.5, from £66.50, Dolce & Gabbana’s fresh Light Blue, from £44, and Viktor & Rolf’s sweet Flowerbomb, from £49.99, remaining firm favourites.

Yet, all three launched more than a decade ago, when it was, some might say, easier to create a blockbuster scent because the market was less saturated. In recent years, it’s become harder for new olfactory offerings to break into the arena as our tastes have changed.

— The Telegraph looks at the designer vs. niche wars at the perfume counters. Read more at How fashion houses are fighting back with their latest fragrances.

A sales decrease

Posted by Robin on 29 August 2017 9 Comments

Now even designer fragrances, traditionally top sellers in department stores, are struggling. Coty Inc., the world’s third-largest cosmetics maker and owner of the Burberry Beauty license, reported a sales decrease of 3 percent in its luxury division in the fiscal year ending June 30, 2017, driven by declines in the Marc Jacobs and Calvin Klein scents, although organic sales increased by 5 percent in the fourth quarter.

— Read more at Designer Fragrances Take Cues from the Growing 'Niche' Market at Business of Fashion.

Fragrance lovers

Posted by Robin on 23 May 2017 2 Comments

It is evident from Kantar Worldpanel’s usage data that many European women are fragrance lovers, especially the Spanish, with 72% of them using fragrance. This compares to 68% of Polish, 64% of French, 54% of German, 51% of UK and 50% of Italian women. This passion for fragrance puts Europe ahead of the US, where only 28% of women claim to use fragrance.

— Read more at When New Is Not Enough! Fine Fragrances Fall Flat at Happi.

The decline in the percentage of fragrance sales

Posted by Robin on 3 October 2016 2 Comments

In 2015, [duty free] sales in the beauty category, which includes scent, makeup and skin care products, totaled $19.8 billion, with fragrance accounting for 43.6 percent, according to Generation Research, a travel analytics company.

But in 2014, the overall sales were $19.3 billion, with fragrance accounting for 48.7 percent and, in 2013, $17.5 billion and fragrance, 50.8 percent.

The decline in the percentage of fragrance sales, which can be attributed to factors including a decrease in disposable income in some countries, has been a wake-up call to businesses.

— Duty free fragrance spending is down. Read more at Following the Scent of More Perfume Sales at The New York Times.

Mass fragrance isn’t interesting to anyone anymore

Posted by Robin on 1 October 2016 Leave a Comment

“Mass fragrance isn’t interesting to anyone anymore,” said one drugstore chain buyer who has chopped footage to the category significantly. “Celebrity fragrance is nowhere,” the buyer added, noting that in the past, star-studded brands kept the department afloat.

— From Mass Market Fragrance’s Great Disappearing Act at Women's Wear Daily (premium content).

Premium scents have kept the industry growing despite a slump in mass-market perfumes and colognes. The $6.6 billion market for US artisanal products and other premium fragrances is projected to grow 18 percent by 2020, according to Euromonitor International. Mass-market fragrances, meanwhile, are forecast to drop 15 percent.

— From Perfume Shoppers Swap Celebrities for Niche Scents Like Sea Salt at Business of Fashion.

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