Karina Masolova, karina@plainlanguagemedia.com Retail sales of licensed fragrance grew 1% in 2017 to reach $3.98 billion in the U.S./Canada, according to TLL's Licensing Business Survey. Britney Spears and Revlon have teamed up to launch Britney Spears Prerogative, a new fragrance inspired by the singer’s career and her 24th in all. The gender-neutral scent features an … [Read more...] about Fragrance: Hit Me One More Time
Fragrance
Fashion Rumble in Eyewear & Fragrance
Both the FTC as well as EU antitrust regulators have closed their respective investigations into a proposed $58.49 billion (€48 billion) merger between eyewear giants Essilor and Luxottica. The EU said that it "coordinated closely" with the FTC on the case, unconditionally approving the merger and stating that the deal would not harm competition. French-based Essilor controls … [Read more...] about Fashion Rumble in Eyewear & Fragrance
Keeping Up With the Kardashians
By: Karina Masolova, karina@plainlanguagemedia.com Kim Kardashian launches her first direct-to-consumer venture in the fragrance category under her KKW Beauty brand. The limited-edition fragrances are first come, first serve—but the star also plans to release new scents in time for Valentine's Day. Sales were exclusively digital, albeit with a small launch at e-commerce site … [Read more...] about Keeping Up With the Kardashians
L’Oreal Ranks as Top Beauty Company of 2016
The top beauty company grew its sales 2.3% to reach $28.60 billion worldwide, according to a ranking by WWD. Unilever was No. 2 at $20.52, while Proctor & Gamble slid in at No. 3 despite a 12.5% drop in sales. To put the numbers into context, retail sales of licensed health and beauty products in the U.S./Canada stayed flat at 0.1% growth in 2016 to reach almost $7.7 billion, … [Read more...] about L’Oreal Ranks as Top Beauty Company of 2016
Licensed Fragrance Back on Track?
Since we last looked at licensed fragrances, the business has certainly changed—and it seems that it might be looking up, at least for established celebrities and fashion brands. Revlon finalized its purchase of Elizabeth Arden on Sept. 7, 2016, forming a beauty enterprise with net sales of approximately $3 billion worldwide. In the latest financial reports—Q3 ending Sept. 30, … [Read more...] about Licensed Fragrance Back on Track?
Apparel Fuels 3.1% Growth in U.S./Canada Fashion Licensing—Global Growth Is Even Higher
Growing competition; continued decline in the brick and mortar backyard; currency devaluation in Europe and Asia; a fourth quarter retail fiasco. 2015 was a tough year for the fashion industry. Yet, for all of the challenges, fashion licensing prospered in not only in the U.S./Canada but worldwide, according to The Licensing Letter’s Annual Licensing Business Survey. Global … [Read more...] about Apparel Fuels 3.1% Growth in U.S./Canada Fashion Licensing—Global Growth Is Even Higher
Professional Bull Riders Take Licensing by the Horns
By Marcy Magiera This new wine really carries a kick. Two Horns red, a 2012 blend of California-grown Zinfandel, Petite Sirah and Cabernet, is the official wine of Professional Bull Riders (PBR), the world's premier bull riding organization. Produced by Gold River, Calif.-based CORDELINA Wine Company and and distributed across the Midwest, Southeast and Mid-Atlantic regions … [Read more...] about Professional Bull Riders Take Licensing by the Horns
Freshness Eludes Celebrity Scents
By Marcy Magiera Despite a small rush of celebrity-licensed fragrances introduced to retail in the late summer and fall, the category still smells off, with marketers Elizabeth Arden, Coty and Parlux all reporting recent sales declines as a result of soft demand for mass market scents. Elizabeth Arden reported earlier this month that sales for its fiscal second quarter, ended … [Read more...] about Freshness Eludes Celebrity Scents
Westbrook Fragrance Courts Men and Women
By Marcy Magiera Add Oklahoma City Thunder point guard Russell Westbrook to the list of celebrities hoping to revive the licensed fragrance business. Byredo Westbrook Eau de Parfum, from Swedish fragrance house Byredo Parfums, is a unisex scent staking out the high end of the market. An 8-ounce bottle, available exclusively at Barneys New York, is $350. Westbrook, who is known … [Read more...] about Westbrook Fragrance Courts Men and Women
Celebrity-Licensed Perfumes Seek to Reinvigorate Slumping Market
The past 12 months have been less than sweet smelling for sales of celebrity-licensed fragrances, but that isn’t deterring companies from bringing new celebrity brands to the already crowded mass market. New Celebrity Fragrances in the Pipeline Parlux Fragrances, a division of specialty and online retailer Perfumania Holdings, is going all in this fall, when it will bring to … [Read more...] about Celebrity-Licensed Perfumes Seek to Reinvigorate Slumping Market