Daily Archives: April 12, 2011

The other day I was talking to Bernd Beetz, the chief executive of Coty, in his office high over Park Avenue, and he noted that “fragrance is now a crucial building block of a brand.” In other words, it’s the base, not the capstone, of a business. I was thinking about this today because Puig Beauty and Fashion Group just announced a truncated version of their 2010 results and they are pretty good.

 Read more