The Business and Profitability Of the Perfume Industry
One of the fastest growing categories in the fashion and cosmetics is the fragrance industry. Fragrances (such as perfumes and colognes) are products that are widely used by both men and women. Most of these users don’t just buy one scent, but several. To accommodate these needs the fragrance industry introduces thousands of new perfumes, toilettes, eau de toilettes, and colognes each year. The perfume industry alone brings in global sales revenue of $25 to $30 annually to the cosmetics and fashion industry. Research click here to read more