And the good news doesn’t end there. Inter Parfums, whose brands include Burberry, Van Cleef & Arpels, Paul Smith and Christian Lacroix, has been forecast to “return to double-digit earnings per share growth, driven by new fragrance launches” in 2010, according to a Forbes article.
Recent luxury news seems to be reinforcing that it really is 'all about the brand' when it comes to purchasing. We wonder if the celebrity fragrances, that were doing so well with the broader community, are in any way on the nose, given celebrity brand launches are usually all about speed to market, high volume; here today and gone tomorrow. It certainly appears that the aspiration for the brands with a heritage continues across all product categories. This is definitely reassuring for those consumers investing in luxury brands for themselves or to give as gifts.