PARIS — Due to strong growth in its key businesses, Groupe Clarins posted top-line growth of 5.6 percent for 2004 over 2003 with net sales rising to 939 million euros, or $1.17 billion.
At constant exchange rates, sales would have risen 8.6 percent. Dollar figures are at the average exchange rate.
The French company’s beauty business, comprising skin care and makeup, generated 590.5 million euros, or $734.5 million, a 7 percent gain over the prior-year period. In 2004, Clarins-owned fragrances rang up 348.5 million, or $433.5 million, representing a 3.3 percent uptick.
Net sales from the company’s skin care increased 11.4 percent at constant exchange, bolstered by new products in its Super Restorative line for women aged 50-plus, and growth in its Clarins Men skin care and White Plus (or Bright Plus, as it’s called in the U.S.) whitening businesses.
Clarins color cosmetics sales decreased 3.9 percent at constant exchange, “reflecting a particularly significant basis effect from the introduction of the new makeup tester in 2003,” the company said in a statement.
In fragrance last year, Clarins’ Thierry Mugler Parfums registered sales 6.2 percent higher at constant exchange than in 2003. Thanks, in part, to the introduction of BMen fragrance for males. Clarins reported the combined business from its BMen and AMen scents spiked 43.4 percent in 2004 versus AMen’s 2003 sales. Mugler’s perennial bestseller, Angel, remained the number-one scent in its domestic market, said Clarins.
Azzaro’s sales dipped 3 percent at constant exchange, due to the unfavorable basis effect of its Visit fragrance launch in 2003.
Clarins’ fragrance distribution business — which includes products from Procter & Gamble, Hermès and Inter Parfums — posted gains of 21.2 percent at constant exchange in 2004 over 2003.
Last year, currency effects negatively impacted Clarins’ sales by three points.
Looking ahead, the company said in the statement: “With sales outperforming targets, consolidated earnings will exceed initial guidance, boosting the group’s operating margin levels of 12.1 percent achieved in 2003.” Clarins’ 2004 profits will be published April 7.
The firm also aims to generate net sales of 1 billion euros, or about $1.3 billion, at constant exchange this year.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)