How Parfums de Marly and Initio Parfums Privés are strengthening their governance in line with their strong growth

Each embodying the excellence of French niche perfumery within the Sprecher Berrier group, Parfums de Marly and Initio Parfums Privés have promoted Patrice Béliard, a beauty expert from Shiseido and Estée Lauder, to their management team. His predecessor, Julien Sausset, increased sales tenfold in five years and attracted investor Advent International, which now holds a majority stake in the company.

 

In a favorable context for high-end niche fragrances, Parfums de Marly and Initio Parfums Privés plan to flourish even further.

 

The two French houses, launched in 2009 and 2015 by Julien Sprecher, executive chairman of the Sprecher Berrier group, have just appointed a new CEO, Patrice Béliard.

 

“The time seemed right to pass on the baton,” said his predecessor, Julien Sausset, who said he was “immensely proud of what we have accomplished.”

 

The bar is set high

 

And indeed, he has set the bar high for his successor, who took up his new position on October 1.

 

Arriving in 2016, Julien Sausset has spectacularly boosted the two young companies, tenfolding their consolidated retail sales in five years, which are likely to reach $900 million in 2026. Each has succeeded in finding a positioning that “speaks” to consumers. Les Parfums de Marly pays tribute to the Château de Marly and the 18th century, while Initio Parfums Privés offers an approach based on advances in neurocosmetics and the emotional impact of a fragrance.

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Read also > Les Parfums de Marly launches a new fragrance for men

 

Featured photo: © Les Parfums de Marly

Picture of Sophie Michentef
Sophie Michentef
Sophie Michentef has worked for more than 30 years in the professional press. For fifteen years, she managed the French and international editorial staff of the Journal du Textile. She now puts her press, textile, fashion, and luxury expertise at the service of newspapers, professional organizations, and companies.

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