Clive Christian: Maker of world’s dearest perfume is in the red

The company posted a £2.9m loss for 2014, compared to a pretax profit of £95,359 the previous year

Joanna Bourke
Wednesday 02 December 2015 01:34
Comments
Clive Christian’s perfume sells for more than £750 per bottle
Clive Christian’s perfume sells for more than £750 per bottle

The producer of the world’s most expensive perfume fell into the red prior to its sale to an investor group that includes private equity tycoon Jon Moulton, new accounts show.

British luxury group Clive Christian, which also sells high-end furniture, saw its profits take a hit in 2014 owing to investments in brand activity such as the launch of a new perfume. The company posted a £2.9m loss for 2014, compared to a pretax profit of £95,359 the prior year. Turnover rose 13.5 per cent to £10.9m for the firm, whose £750 per bottle fragrances can be found in stores such as Harrods. It was also helped by strong sales in the Middle East.

The accounts filed at Companies House depict the most recent financial health of the company before a majority stake in it was sold to EME Investments 5 by its eponymous founder in September this year.

EME was incorporated by a consortium that included Perscitus Advisers – the family office of Jon Moulton, Sir Brian Souter and his sister Ann Gloag, who set up the transport company Stagecoach, and EME Capital.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Please enter a valid email
Please enter a valid email
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Must be at least 6 characters, include an upper and lower case character and a number
Please enter your first name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
Please enter your last name
Special characters aren’t allowed
Please enter a name between 1 and 40 characters
You must be over 18 years old to register
You must be over 18 years old to register
Opt-out-policy
You can opt-out at any time by signing in to your account to manage your preferences. Each email has a link to unsubscribe.

By clicking ‘Create my account’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Register for free to continue reading

Registration is a free and easy way to support our truly independent journalism

By registering, you will also enjoy limited access to Premium articles, exclusive newsletters, commenting, and virtual events with our leading journalists

Already have an account? sign in

By clicking ‘Register’ you confirm that your data has been entered correctly and you have read and agree to our Terms of use, Cookie policy and Privacy notice.

This site is protected by reCAPTCHA and the Google Privacy policy and Terms of service apply.

Join our new commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in