Page 26 - ASUTIL 2024 Edition
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INSIDER








































                 Essence Corp is supplying 20 of the new duty free stores on the Brazilian border with an extended portfolio of brands, such as the
                 recent launch of Puig’s Jean Paul Gaultier Divine in Cell Shop Duty Free in Foz de Iguazu in April.





          Essence Corp helps build the LATAM border business by Lois Pasternak

              Essence Corp has taken full advantage   of Sales Antoine Bona, the third generation   business has helped the company leverage
          of the unique opportunities that opened for   of the family-owned and operated   its operation into record sales.
          it with the establishment of the Brazilian   company. “We’ve been working with some   “Essence is coming off a historic
          duty free border business in 2019. The   of our customers for 30 plus years. Many   year; we had our best year ever in 2023,”
          Miami-based beauty distribution company   of them have relationships with my father   confirms Antoine Bona. “We have also
          has so far added 20 new doors from the   and some with my grandfather before that.   been extremely lucky that some of our
          Brazilian border to the 50 or so outlets it   So it’s very rare that all of a sudden there’s   brand partners have grown tremendously.
          supplies on the Uruguay border, plus those   a new market that opens up with all new   Our long-time brand partner Interparfums
          in Argentina’s free zones, with more to   independent operators. It took time to   added Ferragamo, DKNY and Lacoste.
          come.                             develop the new relationships and it has   EuroItalia added Atkinsons and Michael
              “It’s very rare for a completely new   been a boon for our business.”   Kors to its brand portfolio. So we’ve grown
          market to open up,” notes Essence Corp VP   In fact, the Latin American border   with our existing partners.”

                                                                               New and expanded brand portfolio
                                                                                  The company also added some very
                                                                               high-powered new brands, notes Guillaume
                                                                               Bona, Essence VP of Sales who oversees
                                                                               the Caribbean business.
                                                                                  “We have an expanded partnership
                                                                               with Dolce & Gabbana. We had distributed
                                                                               that brand before through Shiseido only
                                                                               for the Caribbean. Now that we have a
                                                                               direct relationship with Dolce & Gabbana
                                                                               we kept the Caribbean but expanded
                                                                               our coverage to manage the cruise ship

               Antoine Bona, VP of Sales       Guillaume Bona, VP of Sales


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