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New in Fragrance (page 87 of 87)
Aug 30, 2006 | 12:32 PM CDT
Fragrance sales in the United States saw 3% growth in 2005, showing improvement over the 2% growth rate in 2004. Additionally, several new celebrity fragrances introductions helped increase demand for premium women’s fragrances. Premium women’s fragrances led growth in fragrances in 2005, with an increase of 5%. Massive advertising and marketing campaigns for new products boosted growth in both men’s and women’s premium fragrances with premium men’s gaining 3% in value sales terms.
The performance of mass fragrances was not as good as premium fragrances, with decreases in the sector attributed to a lack of new product innovation. The increased availability of premium fragrances in mass market channels such as drug stores, Target, and Wal-Mart have continued to reduce demand for mass fragrances, which hold less allure for consumers.
Market Share of Fragrance Sectors - 2005
Premium vs. Mass Women’s Fragrances 2000-2005
Euromonitor: For Cosmetics & Toiletries Market Reports
Jul 06, 2006 | 08:56 AM CDT
Elizabeth Arden, Inc. announced it has acquired the brand licenses and certain assets of Riviera Concepts Inc. Brand acquisitions include the Badgley Mischka® fragrance...
Feb 24, 2006 | 08:57 AM CST
Puig Beauty & Fashion Group and Coty Inc. announced an agreement on prestige cosmetics and fragrances in the U.S. domestic market...
Feb 22, 2006 | 09:57 AM CST
Givaudan reported 2005 sales of €1,782 million. According to the company, the results were impacted by the initiative to eliminate lower value-added ingredients in fragrances and flavors. The gross profit margin increased...
Feb 13, 2006 | 09:46 AM CST
Research and Markets reports that sales of fragrances and color cosmetics in Spain have risen by 29% since 2000, making Spain the second-largest retail market, behind France, for fragrances in the EU. Fragrances accounted for 72% of market value in 2004.
Feb 09, 2006 | 09:00 AM CST
Parlux Fragrances, Inc. announced net sales for its third quarter—ended December 31, 2005—were $56,412,315 compared to $28,748,499 in the same period of the prior year. Net income more than doubled to $5,996,089...
Jan 18, 2006 | 09:14 AM CST
The Prestige & Collections International department of L’Oréal’s luxury products division has signed a license agreement with Diesel for the creation of a line of fragrances...
Jan 12, 2006 | 01:59 PM CST
The Fragrance Foundation announced that Evelyn H. Lauder will be honored with the Hall of Fame Lifetime Achievement Award at the 2006 FiFi Awards.
Jan 12, 2006 | 09:17 AM CST
International Flavors and Fragrances has announced its plan to eliminate approximately 300 positions in its European and North American operating regions...
Jan 10, 2006 | 02:03 PM CST
By: Jeff Falk
Nothing stands out from the all-black crowd of recent fragrance releases for men.