Holiday Fragrances: To Splurge Or Not To Splurge
Written by fashion on January 20, 2010 – 4:37 pmEven if the economy hasn’t gotten out of its pitiful state, there is no reason not to celebrate the holidays. People may have to tighten their belts a bit this year (and the years to come, hopefully not) especially on the non-essentials but some do entitle themselves to some form of indulgence no matter how prohibitive the cost maybe. Some people find comfort in designer brands; it’s one of those things that they’d spend money on in a heartbeat.
As a matter of fact, according to the Financial Times, luxury and designer brands are flourishing in terms of profits and high-end brands are eyeing more retail space across the US despite the recession. Further, NPD Group, the marketing research company, said that perfumes priced at one hundred dollars and more increased by 7 percent. Bond No 9’s president, Linda Rahme, added that global wholesale business has increased 25 percent last year while Paris-based Creed has more than doubled its sales in the past decade. Does this mean that recession doesn’t apply to the perfume industry?
Over the past year, there have been an increase in the number of luxe fragrances in the perfumery. They range from bejeweled perfumes such as Love Ralph Lauren with an amethyst cap ($2,200), Bond No 9’s All-Star Swarovski embellished with 5,000 Swarovski stone in each bottle ($650), Limited edition Guerlain Mitsouko decorated with real jade and pearls ($7,000) and more fragrances that are priced over a hundred dollars a piece, bejeweled or not.
Having said so, is it worth every dollar considering it’s the holiday season?
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