
As Mr. Wohmann put it, “So 20 percent of the world’s population has only 1 percent of the global fine fragrance market.”
Mr. Jin says there are a just a few local perfume brands. Pearlscent, the sister company of Mr. Jin’s company, based in Guangzhou, is one. “The fragrance concentrates are mainly created by our customers in the U.S. or France and imported from the U.S.A. or Europe.” They are then mixed with alcohol, bottled and sold in China.
One of China’s hottest sellers is a nonessential Western luxury product that the Chinese have historically never bought and that has virtually no Chinese cultural roots: perfume.