Michael Friede, who previously served as CEO of Brenntag Specialties, has been appointed to the Executive Board of Symrise. He will take over as President of the Scent & Care segment, which was ad-interim headed by CEO Dr. Jean-Yves Parisot.…
Interparfums saw its sales increase by 5.8% in the first half of the year to EUR 446.9 million (USD 525 million), with business remaining ‘solid’ in the United States, but the group could raise its prices again on the American…
French luxury group LVMH (Louis Vuitton, Dior, Celine, Moët Hennessy) saw net profit plummet 22 percent in the first half of 2025, the company announced Thursday, June 25, blaming the plunge on an “unsettled economic and geopolitical” backdrop. Cosmetics and…
French leather goods brand Longchamp announced on Tuesday, July 22, the signing of a fragrance licensing agreement with France-based company Interparfums, effective immediately and running through December 31, 2036. “Under this exclusive worldwide agreement, Interparfums will be responsible for the…
Swiss fragrance and flavor company Givaudan reported rising sales for the first half of 2025 on Tuesday, July 22, driven once again by strong performance in fine fragrance and supported by price increases. For the period from January to the…
The European beauty industry says the European Commission’s EU Chemicals Industry Action Plan will help keep industry innovative and, in fact, improve safety standards not minimise them. On July 8, 2025, the European Commission presented its European Chemicals Industry Action…
Puig generated EUR 2,299 million in net revenue in H1 2025. This represented +7.6% like-for-like (LFL) growth compared to the same period of 2024 and +5.9% on a reported basis as exchange rates negatively impacted the first half of 2025…
The U.S. fragrance and cosmetics group has unveiled Origen, a new consumer beauty fragrance brand inspired by scent stories from around the world. The brand launches with five signature scents (Amazonian Water Lily; Yucatan Midnight Amber; Amalfi Love Bloom; Sahara…
Cartier owner Richemont said on Wednesday, July 16, its sales revenue grew in the last quarter despite the effects of a strong euro and weak sales in Asia, its top market. In addition to Cartier, the Swiss luxury giant also…
The Estée Lauder Companies has hired Aude Gandon as its first Chief Digital & Marketing Officer (CDMO). Effective August 1, 2025, she will report directly to Stéphane de La Faverie, President and Chief Executive Officer, and will join the company’s…