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Small fragrance creators such as Maelstrom in Paris are influencing a $49 billion global industry.
Last year a juried competition was held to re-create a 1940s-era cult perfume called Iris Gris. Created by the perfumer Vincent Roubert and released by the designer Jacques Fath, an influential French couturier, the fragrance went out of production when Fath died of cancer in 1954. Eventually, Roubertβs son donated the formula to the OsmothΓ¨que, a scent archive in Versailles, France. Recipes owned by the archive cannot be reproduced for commercial purposes.
Iris Gris has widely been considered one of fragranceβs holy grails. People buy and sell vintage bottles on EBay, and βitβs become a legend,β says Rania Naim, the current creative director of Jacques Fath Parfums.
A number of established perfumers submitted versions of the scent to the competition that tried to exactly mimic the original. But when it came time for a decision, the panel unanimously agreed that the entry from a tiny upstart perfumery called Maelstrom was the best. Run out of a lab in Parisβs 5th arrondissement by three ΒtwentysomethingsβPatrice Revillard, Marie Schnirer, and Yohan CerviβMaelstrom was unknown to most of its rivals, in part because it had only been founded that year. Itβs made seven perfumes so far, including this one. And yet, βthe first judge smelled all the entries, and not even one minute later he chose Maelstromβs,β Naim says.
The new Iris Gris, renamed LβIris de Fath, will be released in September. Because of the large quantities of pure iris used in the formula, the perfume has an astronomical price tag. βSome people think that the iris smell in perfume comes from the flower,β Cervi says. βBut we use the rootβyou grow it for three years and then dry it for three years.β A single 30 milliliter (1 ounce) bottle will cost β¬1,470 ($1,712), and just 150 bottles will be made a year.
Not every perfume the Maelstrom partners make is that pricey, but virtually every one fits in what Larissa Jensen, a beauty industry analyst for NPD Group Inc., calls the βprestigeβ section of the luxury market.
Initially, Jensen says, such complex, often unisex, super-high-end perfumes were created to set a brand apart rather than turn a profitβa kind of halo product along the lines of haute couture or a rare supercar. In 2011, Dolce & Gabanna, which has a line of perfumes sold in Walmart, also released a high-end line called the Velvet Collection; a 5 oz. bottle costs $430. Such projects are βabout putting the perfumer in the spotlight,β Jensen says. βIt was about quality, artistry, ingredients, and creating these really rich experiential fragrances.β
But to the surprise of big brands, she says, these Βrarefied perfumes started to make money. As a result, they also began to acquire independent makers of Βsmaller-batch specialty perfumes, which last year accounted for about 6 percent of the overall $4 billion U.S. fragrance market. In 2014, EstΓ©e Lauder, for instance, bought niche perfumers Editions de Parfums FrΓ©dΓ©ric Malle and Le Labo, whose trendy Santal 33 is the darling of city dwellers from Los Angeles to London.
Often, the perceived prestige of an expensive fragrance is derived from advertising as much as the scent itself, but anyone who smells a perfume by FrΓ©dΓ©ric Malle will know sheβs encountered something unusual. Malleβs Portrait of a Lady is often held up as one of the most innovative and interesting scents currently in circulation: It has a significant amount of natural rose essence, which is complemented by a huge dose of patchouli. Itβs so special, fans pay $390 for a 100ml bottle.
Maelstrom, which creates scents for other companies and none under its own name, mostly produces below that tier. It made Pavillon Rouge for the small perfume company Jovoy Paris, which costs about β¬130 for 100ml and smells of wood and grass, and five scents for the brand Compagnie des Indes, each of which costs β¬65 for 100ml. But they all share an intangible quality; they all smell expensiveβan effect achieved by combining a strong scent with complexity and structure. A rose smells like a rose, but a rose and patchouli together smell like money.
And while that cured iris root might be costly (β¬25,000 a kilogram, to be exact), according to Revillard, achieving that effect isnβt really all about high-priced ingredients. βYou have the quality of the raw materials, and then you have artistic quality,β he says. βAnd both are totally different.β
A mass-market luxury perfume might use high-end ingredients, but itβs designed to be generic enough to appeal to consumers at airport kiosks in Beijing, department stores in New York, and boutiques in London. Less expensive perfumes can be strikingly inventive. βYou neednβt have good-Βquality raw materials to have a good artistic vision or to demonstrate originality,β Revillard says.
When Revillard or Schnirer make a perfume, they start with whatβs known as a βbrief,β which dictates in broad strokes what the perfume should smell like and cost. (Revillard and Schnirer actually make the fragrances, while Cervi helps refine them and handles business development.) One clientβs brief could include the instructions, βdry, woody, and darkβ; Βanotherβs could say itβs βfor a woman between 25 and 30 years old who likes to dream.β But Maelstromβs spin is to always make something that smells vaguely familiar yet refreshingly unlike anything youβve encountered before.
To make one of these surprisingly layered creations, Revillard moves on to a rough idea for its basic composition; he refers to this as βthe spineβ of the perfume, which he maps out on an Excel spreadsheet with a precise weight for each ingredient. There are natural materials (jasmine or citrus, for instance) that he knows will give a perfume its initial character.
After that, things get complicated.
βYou have to find the right [combination] between all these raw materials,β Revillard says. βItβs simple to add a Βformula together, but then you have to balance everything.β He adds ingredients to a glass beaker thatβs placed on a scale, constantly tweaking the formula, first on the spreadsheet and then testing it in practice. Mixing in alcohol causes the perfume to open up. Top notes may fade early on, though middle and base notes should last. βYou can put together a very good perfume, but then over the course of the day, [the smell] becomes very flat,β Revillard says. βThat means thereβs a technical problem, so you have to change things around.β
Maelstromβs unusual-but-approachable signature, along with its small size and insider credibility, is what allows the company to fit seamlessly within todayβs fragrance Βlandscape. Much like niche brands that have been purchased by large perfume companies, it complements industry Βbehemoths such as Coty Inc. or Givaudan or EstΓ©e Lauder by drawing new audiences to fragrance. βSome Βpeople in the larger companies know about us, but they donβt care about us as competition,β Revillard says. βWeβre not in the same market.β Acquisition by a larger company is a Βpotential Βoutcome, but Cervi says Maelstrom would like to remain βa human-size company.β Itβs growing slowly but steadilyβby the end of the year, the co-founders hope to have released 13 perfumes on top of the seven they already produce.
The trio are, by industry standards, strikingly young. Revillard is 26, Schnirer, 28, and Cervi, 29. βWeβre some of the first to become independent perfumers at our ages,β Cervi says. βAfter school, people usually enter the industry via companies, and after a while might decide to become independent.β
Revillard met Cervi in 2012 at a workshop in Versailles hosted by the OsmothΓ¨que. (Its website claims itβs the only scent archive in the world; its collection of more than 3,200 perfumes, all preserved under argon gas, certainly makes it the most comprehensive.)
Before Revillard and Schnirer even graduated from the Γcole SupΓ©rieure du Parfum Γ Paris, where they were lab partners, they received their first assignment, from a jewelry chain called Arije that wanted to make a scent for its stores. It became Maelstromβs first fragrance. βItβs all word of mouth,β Cervi says. βIn this industry, itβs very difficult to send an email to someone, or to a brand, and be like, βHello, weβre here, this is what we do.β It doesnβt work like that.β
With its first commission, Maelstrom made enough money for the trio, plus some interns, to set up shop with little to no outside investment. Their atelier is located on the ground floor of a small building on the Left Bank, less than a minuteβs walk from Notre Dame.
When a perfume is ready, or at least when they think itβs ready, the staff of Maelstrom will test it on themselves. βIn a laboratory, itβs very difficult to take in all the qualities,β Cervi says. βYou have to wait until youβre outside at night with some friends and see if you get compliments. Because if you think youβve developed something powerful and heavy, and youβre at a party and you donβt get any reaction, itβs probably a bad idea to stick with that formula.β
This is almost certainly not the testing methodology used by the giant fragrance companies, but itβs the essence of what makes Maelstrom so successful. They donβt just make perfumes that smell niceβthey make scents that they, as connoisseurs, want to wear themselves. βI wear perfume every day and every night,β Cervi says. βAt every moment. I canβt live without perfume on my skin. Really.β
A Brief History Of Dollars And Scents
Perfume has offered a whiff of oneβs wealth since Ancient Egypt. Ben Krigler, the fifth-generation owner of the Krigler fragrance house, recalls five class-defining concoctions.
Clive Christian No 1
This cologne βmade the Guinness Book for most expensive cologne in the world at $215,000 a bottle,β Krigler says. βIt was delivered to your home via Bentley.β (You can get 30ml now for $525.)
Oud for Highness
βWe created this in 1975 for the King of Jordan,β Krigler says. βIt costs us $75,000 and includes saffron from Asia and a rare oud from Japanβ (about $20,000 a pound). Today itβs $635 for a 100ml bottle.
Guerlain Habit Rouge
Launched in 1965, it was the most important menβs cologne of its time. βWhile not necessarily wildly expensive, it was the fragrance of high society for years to come,β Krigler says. Itβs about $29 for 1.7 oz. now.
Monsieur de Givenchy
The first menβs cologne by Hubert de Givenchy was heralded as wildly unique in 1959, Krigler says. βIt was sweet, spicy, and heavyβwhen most scents were light and floral. It was for the dandies of the day.β Now it costs about $30 for 3.3 oz.
A. Rallet & Co.
In 1843 this shop opened in Moscow, bringing along French perfumers and chemistsββincluding my great-great-great grandfather!β Krigler says. The scents became the go-to for the imperial family.
Written by James Tarmy with assistance by Cator Sparks for Bloomberg
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