Clarins

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Clarins Group
Private
Industry Cosmetics
Founded 1954
Founder Jacques Courtin-Clarins
Headquarters Neuilly-sur-Seine, France
Area served
Worldwide
Key people
Christian Courtin-Clarins
Philip Shearer (CEO)
Pankaj Chandarana (CFO)[1]
Revenue Increase €178.9 million (2010)
Number of employees
282
Website Clarins.com

Clarins Group is a French luxury cosmetics company, which manufactures prestige skincare, makeup and fragrances.

Founding and history

Clarins at New Zealand department store Farmers

The family company was founded in 1954 by the medical student Jacques Courtin-Clarins, who died in 2007.[2] The son of the company founder, Christian Courtin-Clarins, has been the chairman of Clarins since 2000.

In 1957, Courtin-Clarins developed a new approach to face and body treatments and created a few luxury products based exclusively on plants.[3] At the beginning of the 1970s, the company started to spread internationally with its first exclusive contracts. The first subsidiary company in the United States was created in January 1981. At the end of 2005, the group has 19 subsidiary companies of distribution in more than 150 countries. Serge Rosinoer, who died in 2014, is credited with the international expansion.[4]

Virginie Courtin-Clarins, Claire Courtin-Clarins, Prisca Courtin-Clarins, and Jenna Courtin-Clarins act as brand ambassadors.[5][6]

Company portfolio

The Clarins brand portfolio includes Clarins, Azzaro, Thierry Mugler, and My Blend. A skin care product range for men (ClarinsMen) has also been launched in 2002. The group's division Clarins Fragrance Group, also includes Porsche Designs Parfums, David Yurman fragrances, and Swarovski parfums. It also owns the organic cosmetics brand Kibio, and is a stockholder in L'Occitane.

In June 2008, the Courtin-Clarins family made a $3.6 billion offer to buy out minority shareholders of Clarins SA in order to take the cosmetics company private. The deal was completed in September 2008.[1]

The Courtin Arthritis Foundation

Founded by Jaques Courtin Clarins in 1989, this association made it possible to further the research efforts for polyarthritis and chronic inflammatory rheumatism. Also, the foundation is responsible for many of the major advances in rheumatoid arthritis research.

References

  1. 1.0 1.1 "Clarins." Company Profile. Hoover's, Inc., 2010. Answers.com 15 Sep. 2010. http://www.answers.com/topic/clarins-1
  2. http://www.nytimes.com/2007/04/06/business/06clarins.html
  3. http://www.clarins.com.hk/en/why-clarins-values-history/60thanniversary.html
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External links

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