Cresp will be presented with the award at The Fragrance Foundation awards gala in June.
The 12 honorees were chosen for their accomplishments and passion for the fragrance industry.
All net profits from the fragrance will benefit Audrey Gruss’ Hope for Depression Research Foundation.
The recipient of The Fragrance Foundation’s Perfumer of the Year Lifetime Achievement award has created scents for Tom Ford and 50 Cent.
During the annual Flower Show, the retailer’s first pop-up installation is meant to give customers a 3-D olfactive experience.
The appointment expands de Villoutreys’ role as president of perfumery to also oversee ingredients.