THE WHAT? Indian magnificence powerhouse Nykaa has reported a fourth-quarter revenue surge, with consolidated internet revenue hitting 202.8 million rupees (US$2.4 million), almost triple the determine from a 12 months earlier. The bounce comes on the again of hovering demand for premium magnificence merchandise, together with worldwide heavyweights like Estée Lauder and Rihanna’s Fenty Magnificence, […]
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In accordance with Julien Sausset, CEO of Parfums de Marly, area of interest perfumes now signify 12 to fifteen% of the world’s fragrance market, with an annual development reaching virtually 12%, in comparison with 2 to five% within the selective community. In accordance with Circana, high-end perfumes accounted for 70% of latest launches in 2023. […]