Le marché du parfum et des parfumeries - Italie

Funding: 700 thousand euros

• - Project: Museum arrangement of the Mausoleum of Augustus in Rome
• - Architect in charge: Rem Koolhaas
• - Expected opening year: 2026
• - Museum size: Largest in Rome
• - Previous restoration and enhancement by Bulgari:
  • - Restoration of the Golden Staircase of the Doge's Palace in Venice (2006)
  • - Restoration of the Spanish Steps at the Spanish Steps in Rome (2014)
  • - Restoration of the polychrome mosaic of the Baths of Caracalla (2015-16)
  • - Restoration of more than 90 Greek and Roman sculptures from the Torlonia collection (2017)
  • - Restoration of the Sacred Area of Largo Argentina (2021)
  • - Funding for the lighting of the Ara Pacis
• - Number of monuments restored thanks to Bulgari patronage: 6
• - Statements:
  • - Jean-Christophe Babin (CEO of Bulgari and president of Bvlgari Foundation): commitment to the preservation of artistic heritage
  • - Mayor of Rome, Roberto Gualtieri: importance of public-private partnership and Bulgari's contribution to the restoration of significant monuments

• Sephora is the world leader in selective perfumery.
• LVMH has owned Sephora since 1997.
• The Sephora store on the Champs Elysées welcomes 10,000 visitors a day.
• The global beauty market grew by 6% last year to reach 250 billion euros.
• Sephora has forecast 17% growth by 2022.
• The brand has 2,700 stores.
• By 2022, according to analysts, Sephora has almost reached 12 billion euros in sales.

• America is its first market
• The French group opened its first store there twenty-five years ago
• Today, it has 658 directly-operated stores on the American market, including 22 in New York
• Sephora is present in 35 markets with 2,700 stores
• A $430 billion industry according to McKinsey
• The United States will consolidate its position as the world's leading beauty market, growing from $70 billion in 2022 to around $100 billion in 2027 (McKinsey).
• The brand contributes 20% of LVMH sales and 12% of the Ebit of the number one in luxury goods.
• sephora is America's leading selective retailer.
• American retailer Kohl's, which has stores in 29 states, partnered with Sephora in 2020, and they share 862 "Sephora Kohl's".

• Gucci is the main contributor to the revenues and profits of the Kering luxury group.
• Between 2015 and 2022, Gucci sales almost tripled
• Gucci's operating margin increased by 10 percentage points to 41% in 2019.
• Gucci's goal is to break through the €15 billion sales barrier.
• Gucci is forecast to achieve sales of just over €10 billion in 2023, up 3%.
• The Chinese market accounts for a large share of Gucci's sales.

• The partnership between Sephora and Zalando began in Germany in the fourth quarter of 2021.
• The partnership was extended to Zalando's other European markets in 2022, including Italy
• Two years after the start of the partnership, the collaboration comes to an end.
• Sephora is a subsidiary of LVMH.
• Sephora's aim in 2021 was to compete with Douglas (Nocibé in France), which has a greater presence in Europe.

• Dolce & Gabbana inaugurates a space dedicated to its fragrance and make-up ranges at Galeries Lafayette Haussmann in Paris.
• Dolce & Gabbana will create its own beauty subsidiary in 2022, following the end of its licensing agreement with Shiseido.
• The retail sales volume of this activity is 1.2 billion euros.
• Beauty accounts for 20% of the Group's sales volume
• The fragrance sector has seen average annual growth of 4% since 2016, and has forecast growth of 17% by 2022.
• Dolce & Gabbana has invested 400 million euros in its beauty business and built a dedicated headquarters in Milan that employs 120 people in Milan and another 50 in Miami
• Dolce & Gabbana Beauty plans to revamp its make-up ranges and launch its first skincare products in 2025.
• The brand's global network of points of sale will be reduced from 25,000 to 15,000 retailers.
• The brand plans to open around 100 department store spaces by 2025
• Dolce & Gabbana expects to triple sales of its beauty subsidiary to €3 billion over the next five years.