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Cosmetics: Clarins is banking on its stores to grow in the United States and China

2024-04-04T14:27:29.180Z

Highlights: Clarins has just acquired a new plot of land of 150 hectares at the end of February, including 50 hectares of arable land, near Nîmes (Gard) The goal of this 10 million investment: “ To change scale with regard to our supply of natural ingredients,” explains Virginie Courtin, representative, for two years, at the helm of the cosmetics champion. The group is thus accelerating its vertical integration, by itself ensuring a third of the production of the plants necessary for the manufacture of its products.


DECRYPTION - The family group opens around ten stores under its name per year. Both to regain control of its distribution across the Atlantic and to take advantage of the potential of the Chinese market, which it considers sustainable.


After having set a first foot in the fields of aromatic plants, in 2016, by purchasing the Serraval estate, in Haute-Savoie, Clarins is moving up a gear. The family group created in 1954 by Jacques Courtin has just acquired a new plot of land of 150 hectares at the end of February, including 50 hectares of arable land, near Nîmes (Gard). The goal of this 10 million investment:

To change scale with regard to our supply of natural ingredients

,”

explains Virginie Courtin, representative, for two years, of the third generation, at the helm of the cosmetics champion.

The group is thus accelerating its vertical integration, by itself ensuring a third of the production of the plants necessary for the manufacture of its products. An important element in its upscaling strategy.

Also read “They want what they saw on TikTok”: the “Sephora Kids”, these children who flood the cosmetics shelves

This agricultural project will notably supply its new production site in Troyes. This factory, intended to support the strong growth dynamic of the brand…

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Source: lefigaro

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