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Clarins

This article was originally published in The Rose Sheet

Executive Summary

Beauty division sales in the first half of the year increased 9.9% like-for-like, or 11.6% on a reported basis to $407.9 mil. (€1=$1.27), due to strong activity in the second quarter, French beauty company states in July 27 sales release. Skin care net sales were bolstered by launches including Total Eye Concentrate and Day Cream SPF 20 under the Restorative line and Smoothing Body Scrub for a New Skin and Skin Renew Whitening Program for the White Plus line, firm says. Fruition of Clarins' distribution deal with Procter & Gamble in the U.S. weighed heavily on sales of the perfume division, which was up 5.5% like-for-like but down 11.3% on a reported basis to $194.5 mil. for the first half. Net sales for the first half advanced 8.5% like-for-like to $602.4 mil; on a reported basis, sales were up 3%...
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