Insight Report 9 minutesRegister for Free AccessBeauty and Fragrance as an Entry Point to Luxury Coresight Research August 10, 2022 What's InsideLuxury brands fulfill consumers’ demand for superior products that provide a sense of culture and status. However, high price points do not make a product luxurious. Together with CEW, we explore why beauty and fragrance are natural entry points for fashion brands seeking to elevate themselves to luxury positioning: Beauty and fragrance products allow brands to span more consumer touchpoints During the pandemic, fragrance became an essential part of many consumers’ lives, cementing it as a solid stepping stone to luxury Beauty is unlikely to interfere with a company’s existing lines and offers the potential for lucrative licensing agreements This report is sponsored by CEW—conversation leaders in the beauty industry and community. Click here to read the previous report from Coresight Research and CEW, which explores the companies leveraging the fragrance premiumization trend—including Chanel, Chloé and Dior, among others—as well as three key factors driving the trend. This report is available for free and can be accessed by registering for a free account. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Earnings Insights 1Q23, Week 4: Ross Stores, TJX and Walmart Post Strong Results; Alibaba Sees Slow GrowthSeptember 2023 Monthly Consumer Update: US, UK and ChinaRetail Around the World: International Women’s Day 2023Five Insights from eTail Boston 2023: Building Omnichannel Experiences, Unlocking the Power of Data, and More