In Brief: Clarins S.A.
This article was originally published in The Rose Sheet
Executive Summary
Clarins S.A.: Cites the launch of new products in the first quarter of 1995 -- including Bio Ecolia cleansers, Contouring Body Lift and Rouge Eclat lipsticks -- in explaining the company's 15.7% sales increase (at constant exchange rates). Sales rose 11% based on average exchange rates. Clarins also reported that it is negotiating the "possibility of developing" a men's scent bearing the name of British clothing designer, Paul Smith. The scent would debut "within the next year" if negotiations are successful, the company says. The new fragrance would be marketed by Clarins' Thierry Mugler Parfums subsidiary. In addition, Clarins said it acquired a factory in Orangeburg, NY from Parfums Yves Saint Laurent for $6.5 mil in January. The factory initially will be used as a warehouse but could be converted to a production facility, Clarins said...