
Fragrance and flavour maker Givaudan on Tuesday confirmed its mid-term targets and said it would keep raising prices this year to offset higher input costs after like-for-like sales rose 4.6% in the first quarter.
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Fragrance and flavour maker Givaudan on Tuesday confirmed its mid-term targets and said it would keep raising prices this year to offset higher input costs after like-for-like sales rose 4.6% in the first quarter.
Firmenich expects continued strong demand for the rest of 2021 after the Swiss maker of scents including Ariana Grande's R.E.M, Calvin Klein's CK One and Yves Saint Laurent Black Opium reported accelerating sales growth.
On Thursday, Swiss group Givaudan announced a new partnership with Chinese website Tmall to accelerate perfume creation by analysing consumer behaviour data.
Swiss fragrance and flavour maker Givaudan confirmed its mid-term targets after like-for-like sales rose 7.7% in the first quarter, helped by strong demand for its fragrance and beauty products.
Fragrance and flavor maker Givaudan said it was confident of delivering like-for-like sales growth of between 4% and 5% this year, within its mid-term target range, implying a slowdown from 5.8% growth last year.
From sustainable perfumery to artificial intelligence, the fragrance industry is facing new challenges, as Philippe Ughetto, president of Fragrance Foundation France, explained to FashionNetwork.com.
India, long a source of inspiration for Boucheron's jewelry, is celebrated by the house in its new perfume, "Jaipur Bouquet.
Fragrance and flavour maker Givaudan said it was on track to deliver on its 2020 guidance after net profit rose 2.3% in the first half of 2019, with recent acquisitions boosting growth across its product segments.
The Austin, Texas-based fragrance company announced on Tuesday that it has closed its Series A with a total of $7 million in funding and completed the acquisition of clean beauty manufacturer Texas Beauty Labs.
According to an IBM project studying how to use AI for product – specifically perfume – composition, the skill that takes perfumers ten or more years to develop may be learned quicker and more precisely by AI.