23 Jan 2024 --- Many personal care and beauty companies experienced a strong 2023, with fragrance firms especially enjoying the year amid record-breaking sales and mergers and acquisitions. LVMH’s fragrance and cosmetics division grew 12% year-over-year in the first nine months of 2023, while L’Oréal Luxe achieved 6.1% growth in the same period with the “fragrance category again the stand-out performer.”
