- Charles of the Ritz
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Charles of the Ritz is a former cosmetics brand known for its line of perfume fragrances.
Contents
Foreground
In 1916, coiffeur Charles Jundt took over the Manhattan beauty salon of the New York City Ritz (later the Ritz-Carlton) hotel. He founded his own cosmetics company in 1919, and in 1926, began marketing beauty products under the name "Charles of the Ritz". Perfume was added to this line in 1927. Below is a list of the house fragrances and their year of launch.
Fragrance name Year of launch A 1927 B 1927 c 1927 Jean Nate 1935 Spur 1937 Tingle 1938 Summertime 1939 Wintertime 1940 Love Potion 1941 Spring Rain 1941 Flower Show 1942 Jester 1944 Sea Shell 1944 Soignee 1944 Water Sprite 1944 An English Garden 1945 Damask 1945 Little Women 1945 Ritual 1945 Baby Pink 1947 Directoire 1948 French Provincial 1949 Floreal 1950 Country Wedding 1951 Ishah 1954 Simone Mounir 1957 Ritz (Classic) 1972 Charles of the Ritz 1977 Enjoli 1978 Charivari 1978 Aston 1979 Senchal 1981 Forever Krystle 1984 Carrington 1984 Xi'a Xi'ang 1987 History
In 1932, at the age of 24, Richard B. Salomon was named president of Charles of the Ritz, Inc. Twenty years later, he was elected chairman and chief executive officer. Salomon was an internationally known businessman, philanthropist and humanitarian who served as chancellor of Brown University from 1979-88.
In 1935, Charles of the Ritz launched the highly successful Jean Nate line of body splashes and fragrance. They later acquired the cosmetics company Alexandra de Markoff.
Charles of the Ritz expanded distribution from upscale salons into upper-end department stores like Saks Fifth Avenue and Neiman Marcus. In the early 1950s, he was said to have mimicked Estée Lauder and her practice of free samples and gifts with purchase, saying "you will never go anywhere in this industry."
Expansion
In 1963, Ritz acquired 80% of the house of Yves Saint Laurent. Ritz launched an entire line of skincare and makeup under the Yves Saint Laurent Beaute brand.
In 1964 Charles of the Ritz merged with the Lanvin group. It was from then on known as Lanvin-Charles of the Ritz.
In 1969 the legendary makeup artist Way Bandy joined Charles of the Ritz as the salon director of makeup.
E.R. Squibb ownership
In 1972, Salomon retired, and the company was acquired by pharmaceutical company E.R. Squibb, with a market value of $100 million.
In 1977, Yves Saint Laurent Beaute launched Opium.
In 1978, Ritz introduced a new women's fragrance, Enjoli, designed (as noted in its popular television commercials) as "the eight hour perfume for the 24-hour woman"; the commercial's theme song was a remake of Peggy Lee's 1963 hit song I'm A Woman. In 1984 Charles of the Ritz launched the immensely successful fragrances based on American television drama Dynasty characters Forever Krystle and Carrington.
Yves Saint Laurent to Revlon ownership
In 1986, Squibb sold the entire division back to Yves Saint Laurent for $500 million, who invested heavily in a new men's frangrance called Jazz. Jazz was not particularly successful and, coupled with the October 1987 market crash, Yves Saint Laurent sold Charles of the Ritz Incorporated (excluding Yves Saint Laurent Beaute) to Revlon in 1987. Revlon, still reeling from its unsuccessful takeover attempt of Gilette in 1983, declared they were interested in several acquisitions and, with Charles of the Ritz, they bought Max Factor, Almay, Halston, Borghese, and Germaine Monteil.
Revlon could not manage the brand and it began to slip in image and prestige. In 1991 they launched a line called Express, aimed at a more savvy customer. The brand became associated with lower-end stores like J. C. Penney and maintained a focus on the "mature" customer. After several years of unsuccessful revival attempts (including an endorsement deal with Kathie Lee Gifford for their Timeless line) and facing massive debt, Revlon put (among many others) the line for sale, but had no takers. Analysts suggested the very name — Charles of the Ritz — lacked consumer recognition.
End of Charles of the Ritz
Revlon shut down Charles of the Ritz in 2002. Many of the former Ritz fragrances, such as Enjoli, are sold today under the Revlon name.
Categories:- Companies established in 1919
- Companies established in 1926
- Cosmetics companies of the United States
- Companies based in New York City
- History of cosmetics
- Revlon brands
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