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As pleasure brands continue to shift from licence models to in- apartment rights, they are focusing on elegance. The industry’s highest margins in this class can help reposition and enhance a manufacturer’s reputation. But, bringing a charm business in- home is not without difficulties.
It can be challenging to craft a product communication across all stations if a fashion and beauty staff does not collaborate properly. Secondly, charm is a very economical and crammed sector, making it challenging to build a loyal consumer base. However, when done properly, it can be a prominent resource for extravagance brands to develop. Puig is an example of a company that efficiently merged a fashion and beauty division and experienced considerable expansion.
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