Message of the Chairman of the Supervisory Board
Message of the Chairman of the Management Board

MESSAGE OF THE CHAIRMAN OF THE SUPERVISORY BOARD

"DEAR SHAREHOLDERS,

FOLLOWING IN THE STEPS OF OUR FOUNDER JACQUES COURTIN-CLARINS, I HAVE ASSUMED THE CHAIRMANSHIP OF CLARINS' SUPERVISORY BOARD.

Our Group's development is today based on three world-renowned brands in the market for prestige cosmetics: Clarins, a worldwide leader in skin care and number one in Europe, Thierry Mugler, who with Angel achieved the dual success of creating an ultra-exclusive perfume while maintaining its position as a top-selling women's fragrance, and Azzaro with its two flagship fragrances, Azzaro pour Homme and Chrome, both among the world's top 15 men's fragrances.

Picture of Christian Courtin

We are also preparing for the future by adding new brands: Porsche Design, David Yurman and Swarovski through license agreements, My Blend, developed internally, or Kibio in which we have invested in order to actively participate in its development, notably in international markets.



With my brother Olivier, Managing Director of the Management Board, we have chosen Philip Shearer to succeed me as Chairman of the Management Board. He brings with him an extensive knowledge of the cosmetics market and is widely respected by our industry. His arrival is a testimony to his confidence in our future and it is with great pleasure that we welcome him to our Group. He also possesses those indispensable human qualities that are key to the Clarins Group and has already been successful in piloting the management transition, drawing significantly on the existing strengths of our Group’s senior management.

With this new role in the Group, in addition to the functions of oversight now under my responsibility, I will focus more on strategic issues. I will also continue to devote my attention to communications, product development as well as sustainable development and the motivation of our teams that remain in my view priorities.

In this way, Clarins will pursue its expansion by building on the values that have constituted the key to its success for more than 50 years.

CHRISTIAN COURTIN-CLARINS
Chairman of the Supervisory Board

MESSAGE OF THE CHAIRMAN OF THE MANAGEMENT BOARD

"DEAR SHAREHOLDERS,

CLARINS HAS A PORTFOLIO OF BRANDS THAT ON THE BASIS OF THEIR SOLIDE PORISITIONS, UNIQUE UNIVERSES AND INNOVATIVE PRODUCTS, HAVE DEMONSTRATED AND ACHIEVED VERY STRONG NAME RECOGNITION.

These brands continue to offer significant potential for further growth. While Clarins has been successful in maintaining its position as the European leader in skin care for many years, there exists significant potential for expansion in the US and Japanese markets. Emerging countries also represent important strategic markets for all Group brands where for several years efforts have been actively pursued to prepare for the development of selective distribution segments. Finally we must undertake a thorough strategic review of the launch phases for our new cosmetic brands, developed internally, through license agreements or partnerships, to ensure that they also become lasting successes and well-established brands.

With its brand portfolio, the Clarins Group is among the world cosmetics leaders, ranking eighth worldwide with its turnover. However, beyond its position in terms of size, which could seem fragile in relation to the world's largest groups and the continuing trend of concentration in distribution, it is above all the enormous potential of its brands that is stimulating.

Reorganized management teams are focused on creating value for both existing brands and those under development to make them even more attractive and competitive.

Continuing the wonderful adventure of Clarins is a fantastic challenge for me and I am confident that
I will be able to rely on the support of the Group’s
material and human resources.

PHILIP SHEARER
Chairman of the Management Board

Message of the Chairman of the Supervisory Board
Message of the Chairman of the Management Board

 

 
Friday 29th of August 2008
Press release: 2008 1st half results
Monday 1st of September 2008
Conference call: 2008 1st half results
Thursday 23rd of October 2008
Press release: 2008 3rd quarter net sales
 
  Wednesday 20th of August 2008 - 10:27
55.55 € -0.18 %
 
   
 
Pankaj Chandarana
Chief Financial Officer

23 avenue de Neuilly - 75116 Paris
FRANCE
Phone : +33.1.46.41.41.25
Fax : +33.1.45.00.35.88