When dupe perfumes first hit the market, they existed largely on the periphery of the fragrance industry. Since then, dupe fragrance brands have exploded into the mainstream, entering major retailers, partnering with celebrities and occupying prime real estate. But within the fragrance industry, the term still elicits a certain hesitation — and in some cases, outright legal challenges.
The United Arab Emirates has become the eighth-largest market in the world for Swiss watchmakers, with exports totaling nearly $1.7 billion last year. But travel to Dubai is plummeting, and Bernstein Research estimates that luxury…