search
Glossy Logo
Glossy Logo
Subscribe Login
  • Glossy+ homepage
  • My account
  • FAQ
  • Newsletters
  • Log out
  • Beauty
  • Fashion
  • Glossy+
  • Podcasts
  • Events
  • Awards
  • Pop
  • Shop
search
Glossy Logo
Subscribe Login
  • Glossy+ homepage
  • My account
  • FAQ
  • Newsletters
  • Log out
  • Beauty
  • Fashion
  • Pop
  • Glossy+
  • Events
  • Podcasts
  • Newsletters
  • Shop
  • facebook
  • twitter
  • linkedin
  • instagram
  • email
The New Luxury

Louis Vuitton re-enters fragrance market after 70 years

By
Aug 12, 2016

The last time Louis Vuitton sold perfume, Harry Truman was president, “It’s a Wonderful Life” was in theaters and “Zip-a-Dee-Do-Dah” was a hit. Louis Vuitton is returning to the fragrance market for the first time since 1946 with seven fragrances, each costing $240.

The brand’s quiet return to perfume has been shrouded in secrecy since 2011, when the LVHM-owned brand appointed Jacques Cavallier-Belletrud as its first in-house perfumer. Five years later, it’s launching the products with an editorial photo series featuring French actress Léa Seydoux, slated to run exclusively in Harper’s Bazaar’s September issue.

The move comes on the heels of declining sales of its iconic handbags and serves as an attempt to bolster profit in advance of what analysts predict will be the weakest year of luxury sales since 2009, the result of a combination of fluctuations in the Chinese economy paired with terrorism attacks across Europe, Bloomberg reported.

The fragrance market looks to be more promising than handbags in the coming years.  It’s expected to grow between 3 and 4 percent annually through 2020, compared to just 2 percent for designer bags, according to data from Bain & Co.

LV ad campaign

Louis Vutton

The fragrances were developed at Louis Vutton’s new headquarters in Grasse, France, following the company’s 2013 purchase of Les Fountaines Parfumees, a perfumery with more than 350 types of plants and flowers. Michael Burke, Louis Vuiton’s chairman chief executive, told The New York Times that the five year lag between Cavallier-Belletrud’s appointment and the launch of the products was to take the time to avoid the pitfall of modern fragrances that are “far too mass and too marketed, lacking in personality.” In an effort to avoid this, the perfumes will be available only in Louis Vuitton stores.

Louis Vuitton will be rejoining an industry that has evolved into a $38 billion market. Cavallier-Belletrud told Harper’s Bazaar that he focused on a feminine floral scent, distilling 80 prototypes down to the final seven which will be available starting in September.

 

  • facebook
  • twitter
  • linkedin
  • email
Related reads
  • Fashion
    Meet Derek Guy, Twitter’s viral ‘menswear guy’
  • Fashion
    Models Josephine Skriver and Jasmine Tookes expand their fitness empire with a workout app
  • Fashion
    Weekend Briefing: Layoffs across multiple industries bode poorly for fashion
Latest Stories
  • Beauty
    LVMH CEO says Johnny Depp ‘working very well’ for Dior Sauvage sales
  • huda beauty
    Beauty
    Beauty brands exit China, as founders predict a post-summer market recovery
  • Fashion
    Meet Derek Guy, Twitter’s viral ‘menswear guy’
logo

Get news and analysis about fashion, beauty and culture delivered to your inbox every morning.

Reach Out
  • Facebook
  • Twitter
  • Linkedin
  • Instagram
  • Email
About Us
  • Advertise With Us
  • Digiday Media
  • Custom
  • Masthead
  • FAQ
  • Privacy Policy
  • Terms & Conditions
©2023 Digiday Media. All rights reserved.