Fragrance industry facing fresh challenges

In recent years, the fragrance industry, like the cosmetics one, has continued to reshape its structure, as new players emerge and major mergers and acquisitions are carried out. The spate of acquisitions made this year by fragrance and scent specialist Givaudan are, according to Ughetto, one of the clearest indications of this pattern. The Swiss group’s latest acquisition was that of the cosme…

Read more