The luxury skin care brand’s sale provides insight into current trends in the industry space, including a shifting consumer mindset and changes in packaging and labeling, says industry expert Chris Bustamante.
High-end fashion and fragrance brand Carolina Herrera is expanding into cosmetics with its Herrera Beauty line and reaching new audiences through the highly trafficked airport space.
Spanish fashion and fragrance firm Puig will acquire a majority stake in Charlotte Tilbury – an interesting move given rumoured competition from Unilever, though one that makes a lot of sense given company strategies, according to market experts.
Following the phenomenal success of Puig's Paco Rabanne 1 Million fragrance, Olivier Boutaud, director of the company's production facility at Chartre, France, explains how production was ramped up to meet the demand.