The annual holiday retail study by The NPD Group, Inc., a global information company, has revealed that fragrance moved up the ladder as a top gift on consumers’ holiday shopping list. Following the footsteps of last year’s survey, fragrance continued to rise and climbed from the number eight to the number six position this year. … Read more
Coty has signed the singer, songwriter and entertainer Katy Perry to develop and market her own line of signature fragrances. As part of the project, Coty will also distribute the artist’s successful existing fragrance portfolio, comprised of Purr and Meow!, effective immediately. Perry joins Coty’s list of brands that include Calvin Klein, Chloe, Marc Jacobs … Read more
A new Science and Technology Sensory Centre of Excellence, that brings together expertise in the evaluation and measurement of perfume benefits, has opened at Givaudan’s Ashford, UK site. “Odour evaluation is at the heart of our business,” said Michael Carlos, Head of the Fragrance Division. “This investment gives our scientists state-of-the-art facilities in which to … Read more
The market research company NPD Group released results on the total prestige beauty gift set industry. In the U.S., overall gift set sales within prestige department stores year-to-date (January to October 2012), posted a +16 percent increase in dollar sales, versus the same time last year. The $871 million beauty gift set industry includes women’s … Read more
Symrise has been active on the Chinese market for thirty years. It all began in 1982 with the registration of “JV 003” as the third joint venture in Shanghai. This made Symrise the first international supplier of fragrances in mainland China. At the time, the company was called Cosfra-Florasynth, and became Symrise in 2003. Today, … Read more
Eurofragance participated at the IX Chocolate Fair that took place in Madrid in October, by contributing flavours and fragrances that accompanied all acts of this event. Notes of cocoa, Madagascar vanilla, banana, pineapple, coffee, moist soil and dry land … accompanied the journey for chocolate from the four corners of the world. For chocolate from … Read more
The Scent & Care division posted sales of € 671 million for the first nine months – a 10 % increase on the previous year’s figure of € 610 million. At local currency, sales were up 7 %. Scent & Care particularly continued rapid growth in the Life Essentials, Oral Care and Fine Fragrances application … Read more
For the quarter ended September 30, 2012, Elizabeth Arden reported net sales of $344.5 million, an increase of 13.5%, as compared to the first quarter of the prior fiscal year. Excluding the unfavorable impact of foreign currency translation, net sales increased by 16.1%. On a reported basis, net income per diluted share for the current … Read more
Karl Lagerfeld BV, the haute couture fashion house, and InterparfumsSA, its majority-owned subsidiary and the creator of prestige perfumes and cosmetics, have signed a worldwide and exclusive license agreement to create, produce and distribute perfumes under the Karl Lagerfeld brand. This 20-year agreement starting today replaces a previous license between the Karl Lagerfeld and Coty … Read more
Coty B.V. und Karl Lagerfeld B.V. einigten sich einvernehmlich, die Duftlizenz zu beenden. Gemäß der Vereinbarung hat Coty das Exklusivrecht seinen Lagerbestand an Produkten aus dem Karl Lagerfeld Duftportfolio weiterhin zu verkaufen. Jean Mortier, President von Coty Prestige, erklärte dazu: Es wurde zunehmend erkennbar, dass die Strategien unserer beiden Unternehmen nicht mehr vollständig übereinstimmten." Über … Read more
Sales generated by the Douglas perfumeries rose by 2.4 percent to above EUR 1.9 billion (like-for-like: +1.3 percent). The trend in Germany has been particularly gratifying. Here, sales rose by 5.1 percent (like-for-like: +3.9 percent) to just over EUR 1 billion. Douglas perfumeries in foreign markets achieved sales revenue totaling EUR 883 million. This corresponds … Read more
Das erste Halbjahr 2012 startet für die Düfte mit einer eher moderaten Entwicklung: ein Umsatzplus von 1,3 % für die Damen und sogar ein kleinen Minus von 0,9 % für die Herren (Basis: Parfümerien+KWH) zeigt, dass die Wachstumsimpulse nicht sehr ausgeprägt waren. Es sind vor allem die Neuheiten, die zumindest bis in das Frühjahr hinein … Read more
Symrise AG is strengthening its presence in Latin America and opened its Center of Excellence near São Paulo, which was built over the course of about twelve months. It will combine the research and development work which has until now been carried out at two different locations; in addition, it closely links R&D to market … Read more
Symrise stärkt seine Marktpräsenz in Lateinamerika und eröffnet das in rund zwölfmonatiger Bauphase erstellte Exzellenzzentrum bei São Paulo. Die an bislang unterschiedlichen Standorten beheimateten Forschungs- und Entwicklungsaktivitäten werden dort zusammengeführt und eng mit Marktforschung, Vertrieb und Marketing beider Divisionen verzahnt. So soll die Entwicklung maßgeschneiderter Produkte für den lateinamerikanischen Markt gestärkt und gezielt gefördert werden. … Read more
Perfumania and Parlux Fragrances shareholders approved the merger of Parlux and a subsidiary of Perfumania, with 98.9% of the shares voted at the Parlux special meeting and 99.2% of the shares voted at the Perfumania special meeting voting in favor.
The Research Institute for Fragrance Materials, Inc. (RIFM) is beta testing its 2-Box Indoor Air Dispersion Model software, an alternative method for assessing inhalation exposure to fragrance materials. RIFM Database subscribers can download the model for individual use by selecting “Tools and Models” from the RIFM Database home page and then selecting the model for … Read more
The total revenue of $2.6 billion decreased 2%, up 1% in constant dollars. Total units declined by 1% and price/mix increased 2% during the quarter. Active Representatives were down 2%. On a category basis, Beauty sales declined 1%, up 2% in constant dollars. On a reported basis, color was flat, fragrance and skincare declined 1%, … Read more
Coty Inc. has submitted a non-binding proposal to acquire Avon Products for $23.25 per share in cash in a mutually agreeable and negotiated transaction. The proposal, valued at approximately $10 billion, represents a very substantial premium of 27% over the three month volume-weighted average price for Avon shares. Coty has held extensive discussions with its … Read more
NaTrue (The International Natural and Organic Cosmetics Association) combined its annual membership assembly with an Open Session to discuss Fragrance Allergens – Fear vs. Facts? Moritz Aebersold, NaTrue President, pointed out to what extent the December 2011 SCCS (Scientific Committee on Consumer Safety) opinion on fragrance allergens is a challenge to the natural and organic … Read more
Takasago has decided to invest in the Indian market and establish a production facility in an industrial complex in Chennai, Tamil Nadu. The Indian flavoring and fragrance market is expected to experience a high level of growth, in the area of beverage and confection flavoring, fragrances used for cosmetics and toiletries. With the new location, … Read more
