Tag Archives: Agonist

Pricey Niche

peacockThere’s a very odd thing going on out there in the world of perfume: niche fragrance prices are rising.  This year the cost of a 50ml. bottle is well over a hundred dollars US.  In fact, and in the interest of consumers, it’s worth pointing out that this hike comes at a time when many commodity prices are falling, natural gas, metals, pork, corn, etc, and when inflation in the US is running at or below 1.7% (the Federal Reserve’s target is 2%).  So, why are perfume prices up so much?  Is it demand, is it production costs, is it the dollar/euro exchange rate*, is it something that someone outside of the business can’t calculate, or are we…just being suckered for the sake of fashion? Continue reading