The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
The brand’s founder Julien Sprecher is working with Jefferies Financial Group Inc. to gauge interest in the company he founded in 2009, according to the people. The company could fetch at least €500 million ($495 million) in a sale, they said.
The business could attract other perfume makers, family offices and buyout firms, the people said, asking not to be identified discussing confidential information.
Deliberations are ongoing and there’s no certainty they’ll result in a transaction. A spokesperson for Jefferies declined to comment, while Sprecher and a representative for Parfums de Marly couldn’t immediately be reached for comment.
Parfums de Marly makes 125 ml bottles of perfume for men and women. The company is inspired by Louis XV and his royal residence Chateau de Marly, with the 18th century French king’s passion for horses represented on its branding. It runs boutiques in Paris, New York and Dubai and revealed plans for a new London store on Instagram earlier this year.
By Aaron Kirchfeld, Angelina Rascouet
Learn more:
Inside the High-End Perfume Boom
From fast-growing pure-players to top-end launches by fashion megabrands, the world of niche fragrances is getting bigger.
With no advertising, PR or e-commerce, the store in London’s Soho is fast-becoming a cult classic. The brand is weighing how to expand without losing its magic.
To build a business that lasts, brands must appeal to more than their original core demographic. Behemoths like Nike and Apple have done so — but makeup, skin care and hair lines have had less luck.
BoF Careers provides essential industry insights for beauty professionals this month, featuring roles from Karla Otto, Tory Burch and Chalhoub Group.
Famed for speedy weight loss, the effects of the prescription-only drug are now shifting beauty standards.