According to WWD, Selective Beauty entered administration in France.
After underwear licensee Schiesser and eyewear licensee Safilo got into trouble earlier this year, this now puts a big question mark to many top brand licenses for fragrances.
Selective Beauty holds brand licenses from Bulgari, Ferragamo, Fendi, Burberry, Elizabeth Arden and Bennetton. In addition they own Lanvin, which they acquired not too long ago.