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The unwavering appetite for niche perfumes and brand mastery of digital communication are some of the reasons why we can expect more niche fine fragrance brands from Asia vying for the international spotlight.
In the last decade, the fragrance market has been disrupted by the arrival of niched fragrance brands such as Byredo, Le Labo, Diptyque, and Jo Malone.
While the big brands may still dominate, they are facing stiff competition from these so-called cult brands as consumers lean towards a more personalised and intimate fragrance experience.
In 2019, Estée Lauder Companies reported that its fragrance category benefited greatly from the growth of Jo Malone, Le Labo and Tom Ford, which pulled in net sales of approximately $81m.
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For the Spring/Summer season, Le Labo has crafted a new scent celebrating the importance of incense in perfumery. The new Encens 9 Candle celebrates the spiritual connection of incense, as “perfume” actually gets its name from “per fumum” Latin for “through smoke.”
The scent of Encens 9 was crafted by scent experts at Le Labo around resins and amber to promote a sense of serenity. Invigorating living spaces to help promote a calm state to contemplate new beginnings. Once worth more than its weight in gold, frankincense serves as the core ingredient of the scent. Other elements informing the notes of Encens 9 include patchouli, clove, amber, sandalwood and musk.
The Estee Lauder Companies (EL) Q3 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble.
The Estee Lauder Companies (NYSE: EL)
Q3 2021 Earnings Call
Good day, everyone, and welcome to the Estee Lauder Companies fiscal 2021 third-quarter conference call. Today s call is being recorded and webcast. For opening remarks and introductions, I would like to turn the call over to the senior vice president of investor relations, Ms. Rainey Mancini.
Please go ahead.
Senior Vice President of Investor Relations
Hello. On today s call are Fabrizio Freda, president and chief executive officer; and Tracey Travis, executive vice president and chief financial officer. Since many of our remarks today contain forward-looking statements, let me refer you to our press release and our reports filed on the SEC, where you will find factors that could cause actual results to differ materially from these forward-lookin
1.Hello, thank you for your time, please introduce yourself in a few words!
Hey what’s up! We’re Lucas & Steve. We’re a DJ/Producing/Song-writing duo from the Netherlands.
2. Please give us an update about – new single, new album, tour dates, new videos?!
We just released our collaboration with Blackstreet! It’s a new recording of Blackstreet’s No Diggity. This record is really big for us and a lot of exciting stuff is happening around it.
3. Name 5 things we all should know about you as an artist?!
-We really love the blend of pop and dance music.
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