International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
The international skin care and fragrances group has a global turnover of around $1.5bn, and is currently expanding operations in the region
August 19, 2008 5:20 by kippreport
In 1954, Jacques Courtin-Clarins started the company in France, with the aim of offering women a range of plant-based skincare products.
The company continued to grow, and became a popular brand for skin care products in the 90’s in Europe. It later expanded into two other cosmetics segments: make-up and perfume, through its brands Clarins, Thierry Mugler, Azzaro and Stella Cadente.
Few years back, the group entered a deal with the Porsche Design Group for the exclusive creation and distribution rights of men’s fragrances bearing the “Porsche Design” brand. It also has a partnership with American jewelry and luxury watch brand David Yurman, for the creation and distribution of prestige beauty and fragrance products under the David Yurman label.
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