This building was originally commissioned by Georges Vuitton, the son of Louis Vuitton’s founder.
Cristal Union comprises over 9,000 beetroot growers, to improve the growing conditions of beetroot, used to extract alcohol for perfume production.
Sabé Masson, a niche perfume brand, positions itself as a new generation of fragrance products and specializes in the concept of “Soft Perfumes.” The brand currently operates a boutique store in Haut-Marais, Paris.
French skincare group L’Occitane recently achieved a significant milestone by surpassing €2 billion in sales in the latest fiscal year, with China as its second-largest market.
Advent will acquire a majority stake in SBGC company from Julien Sprecher, while Sprecher will retain his current position and a minority stake in the company.
“The company’s fixed costs are too high, to the point that there is no capacity to carry out marketing efforts like those of the LVMH group.”
Under the successful promotion of its dermatological cosmetic brands Avène, Klorane, and professional hair care brand René Furterer, Pierre Fabre China has become the group’s leading international subsidiary in the field of skincare cosmetics.
According to official documents submitted by both parties to the French government, the value of this transaction is 16.32 million euros.
Currently, HBA’s products are distributed in over 60 countries, with exports accounting for over 95% of its sales. The majority of its products are manufactured in Southeast Asia, the Middle East, and Europe.
Through this partnership, LVMH Group aims to help as many people as possible understand the challenges of biodiversity.