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Fragrance Industry Is a Luxury Standout as Demand Keeps Roaring

Global sales of high-end fragrances began to pick up during the pandemic and have been gathering steam during the past year.
This week, private equity firm New Castle Partners bought a majority stake in home fragrance brand Nest.
Global sales of high-end fragrances began to pick up during the pandemic and have been gathering steam during the past year. (Shutterstock)

Glassmaker Pochet du Courval SAS has been making perfume bottles for the world’s top beauty brands since before the telephone was invented, through countless consumer booms and busts. Executives at the French company say they have never been busier than they are right now.

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