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As pleasure brands continue to shift from registration models to in- house ownership, they are focusing on charm. The industry’s highest profitability in this class does help reposition and improve a brand’s reputation. Yet, bringing a splendor business in- property is not without challenges.
It can be challenging to craft a strong brand message across all channels, for instance, if a fashion and beauty team does n’t collaborate well. Secondly, splendor is a very economical and crammed industry, making it challenging to construct a loyal consumer base. However, when done properly, it can be a prominent resource for extravagance companies to increase. Puig is an example of a business that effectively merged a fashion and beauty division and experienced significant growth.
