Eurofragance Strengthens Market Position with €180M in Sales for 2024

SINGAPORE, April 29, 2025 /PRNewswire/ -- Spanish fragrance house Eurofragance releases its financial results for 2024, showing unprecedented growth. With a 27% sales increase reaching €180 million like-for-like, the company continues to build on its strong upward trajectory year after year.

This performance underscores Eurofragance's strategic focus and commitment to excellence across all regions and product categories. Juan Ramón López Gil, the company's CFO, says: "Achieving €180 million in sales is a testament to our initiatives and the dedication of our teams. Each region's contribution has been instrumental in achieving these results and our financial discipline and focused strategies will continue to drive our success."

Widespread Expansion Across Categories and Regions

Eurofragance's results were driven by strong performances in key regions and product categories. All regions recorded significant growth in 2024, ranging from 19% in the EAT region (Europe, Africa, and Turkey) to 30% in IMEA, with APAC standing out with a strong performance at 23%. Joan Pere Jimenez, Chief Market Officer, adds: "We are capitalizing on the rapid development of dynamic markets such as Vietnam and Thailand. We are also benefiting from positive market trends in Indonesia where rising disposable income is fueling demand."

The multinational's diverse product portfolio also helped shore up significant gains. The Fine Fragrance category experienced a 28% upswing, while the Home and Personal Care segments saw a 20% increase. This cross-category progress highlights Eurofragance's ability to meet the demand of its customers in their expansion when it comes to offering them the right fragrances to grow their brands.

Expansion Fueled by Strategic Investments and Innovations

In 2024, Eurofragance continued to invest in strategic initiatives to support its growth. As part of this effort, the company is currently renovating its facilities in Singapore, including both the factory and the creative center, as well as renewing its premises in Jakarta, Indonesia. The fragrance house's expansion and optimism regarding the future are also evident in its commitment to talent. With new hires across all affiliates and substantial investment in its professional development academies and its talent management program, Eurofragance's workforce grew by 15% in 2024.

The Spanish fragrance house also launched Euphorionâ„¢, its first synthetic addition to its ICON Captives collection, a perfumery ingredient that offers a new take on freshness in the perfumer's palette. Laurent Mercier, who has been at the helm of Eurofragance as CEO for the past seven years has played a key role in the accelerated development of the company and its foray into the design of proprietary fragrance ingredients. Mercier explains: "Our disciplined approach to growth and strategic investments in key areas have allowed us to maintain our reputation as a leading player in the fragrance industry. The strategies we have in place will ensure our sustained expansion, and our commitment to innovation will continue to drive our success in the years to come."

Relentless Commitment to People and Planet

Eurofragance remained steadfast in its commitment to sustainability, earning the highest possible rating from EcoVadis with a Platinum medal. The company's dedication to community engagement was and continues to be evident through its participation in programs such as "Empowering Women's Talent" and "Diversity Leading Company" both organized by the top-tier Human Resources media outlet in Spain Equipos&Talento. Additionally, Eurofragance collaborated with Hospital Sant Joan de Déu Barcelona and MartiDerm dermocosmetics company on a solution for fish odor syndrome, which received a silver medal award at the VPC Green Beauty Awards.

Eurofragance's performance in 2024 reflects its strategic vision, innovative spirit and commitment to its people, sustainability and community. As the company looks to the future, it remains dedicated to driving growth and delivering value to its customers and stakeholders.

About Eurofragance

Eurofragance manufactures and markets the highest quality fragrances for worldwide brands in fine perfumery, home, personal and air care. The company is a privately held B2B enterprise founded on family values in Barcelona in 1990 and currently has over 550 employees.

Driven by a passion for perfume and the entrepreneurial spirit of its founders, Eurofragance first grew in Europe and the Middle East, before taking on the Far East and the Americas. The company is now represented on five continents; runs its own plants in Spain, Singapore and Mexico; and works with manufacturing partners in China and India.

Eurofragance's international network of Creative Centers and outstanding manufacturing capabilities enable it to create and deliver fragrances around the world. Over the years, Eurofragance has cultivated lasting relationships and has grown hand in hand with its partners.

Eurofragance is wholeheartedly invested in addressing sustainability issues and its decision-making process is built around strategic initiatives supporting this cause. The company spearheads activities around four major axes: safety, community, business ethics and resources.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Eurofragance Strengthens Market Position with €180M in Sales for 2024

Under Akio Aoki's visionary leadership, Osaka's creativity takes center stage in a citywide festival designed to make art accessible to everyone.

OSAKA, Japan, May 13, 2025 /PRNewswire/ -- As Expo 2025 draws the world's attention to Osaka, the city is poised to reveal even more of its innovative spirit. Between May 28 and June 24, Osaka Art & Design 2025 (OAD2025) will run parallel to the Expo, transforming the city's urban space into an art gallery.

The event, organized by the Osaka Art & Design 2025 Executive Committee—a collaboration of major Japanese department stores and railway companies—sees more than 60 venues across the city's neighborhoods of Umeda, Shinsaibashi, Namba, and Abeno host more than 600 creators and brands from Japan and around the world. Around 650,000 locals and international visitors are expected to visit and interact with the art, design, and innovation that OAD2025 has woven into everyday spaces.

Under the theme "Overlaps – Converging Passions," OAD2025 merges some of the city's busiest stations, stores, bars and galleries with art exhibitions, installations, performances and pop-up events, making art accessible to everyone.

Notably, artists Sayaka Miyata and Midori Hirota will create an immersive installation connecting Osaka Umeda Twin Towers North to the Hankyu Department Store, turning everyday errands into cultural moments. Official maps highlight each of these temporary exhibits, and a digital stamp rally with digital gift card prizes provides visitors a fun incentive to visit them all.

OAD2025 is produced by Akio Aoki, founder of DESIGNART INC., a platform that energizes the creative industry by sparking people's passion for craft. Aoki, known for pushing the boundaries of art, founded OAD2025 to showcase Osaka's energy, ingenuity, and creativity to the world and inspire connoisseurs and casual passersby alike to discover art in unexpected places. Even Osaka's famous nightlife scene will benefit from the festival, with bar exhibitions and talks planned across the city.

"It's an incredible honor to bring this citywide event to life. Through OAD2025, I hope visitors from around the globe will find excitement and inspiration in Osaka's creativity and find reasons to return and continue their discovery of the city's art and design scene," says Aoki.

Find out more at: https://www.osaka-artanddesign.com/en/

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About the Creative Director and CEO of DESIGNART INC., Akio Aoki:

Akio Aoki is the founder and creative director of DESIGNART INC. After launching MIRU DESIGN—a Tokyo-based creative agency—in 2009, he led branding and exhibition projects across disciplines including art, architecture, product design, and fashion. He served as Creative Director of ASAHIKAWA DESIGN WEEK (2015–2019) and is the representative of DESIGNART TOKYO, one of Japan's largest design and art festivals. Aoki is also known for his contributions to sustainable design, public art initiatives, and international cultural exchange through platforms like "1% for Art" and "Description for" during Milan Design Week.

About Osaka Art & Design (OAD):

Osaka Art & Design (OAD) was launched in 2023 as a citywide initiative led by a consortium of major department stores, railway companies, and cultural institutions in Osaka. The organizing committee was formed to promote Osaka's creative identity globally, especially in anticipation of Expo 2025.

This cross-sector partnership brings together the city's commercial and cultural infrastructure to embed art and design into everyday urban life. OAD serves not only as an annual event but as an ongoing platform to strengthen Osaka's role as a leading hub of creativity and innovation.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Osaka Art & Design 2025: Turning Osaka City, Japan, into a Canvas