The global fragrance market is expected to reach over $51 Billion by 2022, and the men's category actually is growing faster than the women's in the US prestige market.

So it seemed like a good time to meet up with Emmanuel and Thomas Saujet, Co-Founder CEO and President, respectively, of International Cosmetics & Perfumes (ICP), at the Creed Boutique in Midtown Manhattan, as they launched their new men's luxury fragrance, "Viking" for men.

And hwile many others are in the fragrance business --- like Coty Inc. (COTY) Estee Lauder Companies, Inc. (EL) Inter Parfums, Inc. (IPAR) and Revlon, Inc. (REV)  the brothers have focused on the high-end market.

A typical typical 3.4 ounce bottle of Creed will run you $500. But bigger bottles can go as high as $1,000.

Viking falls under the The House of Creed, which is one of the three labels that make up ICP.

Listen in to find out more.

More of What's Trending on TheStreet:

Editors' pick: Originally published Sept. 26.


 

More from Video

CBD: The Next Frontier of Cannabis?

CBD: The Next Frontier of Cannabis?

Why You Should do Your Homework Before Investing in Closed-End Funds

Why You Should do Your Homework Before Investing in Closed-End Funds

Wait, Google Was Almost Called What?

Wait, Google Was Almost Called What?

Apple Watch 4 Review: Plenty to Be Excited About, But Is It Worth the Price Tag?

Apple Watch 4 Review: Plenty to Be Excited About, But Is It Worth the Price Tag?

60 Seconds: What Is a Closed-End Fund?

60 Seconds: What Is a Closed-End Fund?