
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.
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
| Wednesday 20th of August 2008 - 10:27 |
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