The Jacques Bogart group, specialized in perfumes and cosmetics, published today its first quarter sales figures. Displaying a good progression, the group does not intend to stop there and wishes to increase its profitability.
The Jacques Bogart Group today published its sales figures for the first quarter of 2023. The latter is up 17.2% to 64.8 million euros, compared to 55.3 million euros for the same period last year.
For this new fiscal year, the perfumer anticipates a further increase in the activity of the brands, whose “development potential remains high”, Bogart said in a statement.
For fiscal year 2023 and despite satisfactory results, Jacques Bogart intends to return to greater operational efficiency with a strong recovery in profitability.
Expansion plan
The Jacques Bogart Group owns the Ted Lapidus brand, both in its fashion and perfume segments. The group also owns Carven perfumes, the cosmetics brand Stendhal and the April brand.
The perfume brand said that new launches of perfumes and cosmetics “will be positioned mainly in the second half of this year”.
As such, Bogart is planning an active rollout plan for new products across the brands. In addition, after unifying its network of boutiques under the April brand in October 2021, Bogart plans to expand the visibility of this network to new territories (Slovakia, United Arab Emirates…).
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