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Clarins

This article was originally published in The Rose Sheet

Executive Summary

Consolidated second quarter sales jump 10.2% to $194.7 mil. ([Euro]1=$.88) on like-for-like currency basis due to double-digit growth by Clarins and Azzaro brands, Thierry Mugler fashion label, which grew 13.9%, 22.5% and 12.1%, respectively, French firm says. First half Clarins sales were up 4% to $232.3 mil., while Azzaro sales jumped 18.2% to $31.8 mil. Perfume distribution grew 5.9% to $36.4 mil. in first half. Consolidated first half sales were up 7.2% to $380.1 mil., with sales increases attributed to operations underway at new Logistics Center in Pointoise, France

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