Luxury Perfumes Giants Fixing Prices

…since we talked about perfumes just before this SAG madness – did you know that a French court has fined 40 Million Euros respectable perfume giants who were having secret agreements to keep their prices high? LVMH, Chanel, Clarins, Christian Dior, Estee Lauder, JP Gaultier and many more (including retailers like Sephora and Marionnaud) had arrangements with distributors to only sell at the prices imposed by the brands. It’s a labels’ world! (photo courtesy)