The Fragrance Foundation Awards (aka “The Oscars of the Fragrance Industry”) took place last Thursday in the glamorous surroundings of The Brewery on Chiswell Street. The UK awards first took place in 1992 to recognise excellence within the fragrance sector and to pay tribute to the creativity, innovation and hard work that makes our industry so unique.
As well as the fabulous food, fine wine, glamour and celebrity, the Fragrance Foundation shared the key findings from a report commissioned by Oxford Economics* on the impact of the fragrance industry on the UK economy. We were delighted to discover that in 2018 the UK fragrance industry:
- Supported 126,700 people in employment
- Stimulated £2.1 billion in tax revenues for the UK Exchequer
- Accounted for £7.5 billion in consumer spending
We have always been proud of our industry but these stats were the icing on the cake!
It is always such a pleasure to spend time with colleagues and friends from the industry, all of us dressed their finest and ready to party the night away! Congratulations to all the winners and we look forward to doing it all again next year!
*The full Oxford Economics report entitled ‘The Economic Impact of the Fragrance Industry’ can be found at https://www.oxfordeconomics.com/
