I have a giant bag of samples to test, and I like to choose one without looking at the notes ahead of time so that I get honest impressions. For the first 30 minutes, it smells like a very sweet, creamy and powdery vanilla-heliotrope-almond fragrance. Now that I have peeked at the notes, Panache is nothing like I guessed! In the floral-woody-musk category, yes, but it was not easy for me to find any white florals or any honey. Kind of like how Nuits de Noho has very different notes from Angel, yet it smells so much like Angel.
I smelled a good dose of amber in the heart. Panache has very powdery top notes, but I wouldn't say it smells musky necessarily, and the powder dissipated significantly once the perfume settled on my skin. Also I noticed that the bergamot never lets up and remains pretty obvious the entire time it's on my skin.
On the whole, I think Panache is really beautiful! While it it's apparently not one of those heliotrope-almond perfumes, I'd recommend it to those who love that type of scent. I find it very sweet and feminine, rich and creamy.