Well, The Wall Street Journal had an article yesterday about slowing growth in the designer fragrance market. As the full article requires a subscription, I'll just post a brief summary.
They said that the culprit was too many launches (200 in the USA alone in 2006) ... consumers say that many new fragrances smell too much alike. Also, newer launches are flopping: for example, YSL discontinued Nu last year and stopped selling M7 in the US market. The WSJ also showed Chanel's Les Exclusifs line, Hermes' Hermessence line, and Armani's Prive line as ways that the fragrance industry is trying to regain prestige.
Does anyone agree or disagree?
They said that the culprit was too many launches (200 in the USA alone in 2006) ... consumers say that many new fragrances smell too much alike. Also, newer launches are flopping: for example, YSL discontinued Nu last year and stopped selling M7 in the US market. The WSJ also showed Chanel's Les Exclusifs line, Hermes' Hermessence line, and Armani's Prive line as ways that the fragrance industry is trying to regain prestige.
Does anyone agree or disagree?









