Clarins
This article was originally published in The Rose Sheet
Executive Summary
Cosmetics sales climbed 21% to $182.4 mil. (1.24 bil. FFr) and consolidated sales were up 18.2% to $196.2 mil. (1.33 bil. FFr) in the first quarter, the company reports April 6. In light of recent consolidation and the firm's "organic growth," Clarins expects net sales to exceed $735.3 mil. (5 bil. FFr) and net profit to jump by more than 10% in 2000. Separately, Serge Rosinoer announces his resignation as president of the management board April 7