Beyond these two acquisitions being a clear indictor of Clarins bet on green beauty, there isn't a lot more meaningful information to extract. However, it might be worthwhile to consider their family holding company, Famille C Venture has made a total of 5 investments, with the only skincare brands being Pai, in 2021 and now Ilia, in 2022. They're making gradual, meaningful investments, but we haven't seen how they might synergize these green brands with the Clarins machine, yet.
Generally, it's pretty rare for private companies to provide financials. Even in this case, articles only say the annual sales are "reported" but don't clarify who the source is, which is pretty common, and provides space for reasonable doubt to both give a ballpark while being noncommittal.
As for why 2017, our guess is because that was probably prime time for retail sales at Sephora, Neiman Marcus, etc. prior to the retail collapse of the pandemic. Perhaps that was the best year, or perhaps it was a good year that simultaneously is 5 years away from present day, so as to leave enough room to not have sales figures pinpointed.
What to make of Clarins acquiring two green brands so quickly?
Beyond these two acquisitions being a clear indictor of Clarins bet on green beauty, there isn't a lot more meaningful information to extract. However, it might be worthwhile to consider their family holding company, Famille C Venture has made a total of 5 investments, with the only skincare brands being Pai, in 2021 and now Ilia, in 2022. They're making gradual, meaningful investments, but we haven't seen how they might synergize these green brands with the Clarins machine, yet.
Love this insightful analysis! What do you think about Tata Harper only sharing their annual sales from 2017? What does that mean?
Generally, it's pretty rare for private companies to provide financials. Even in this case, articles only say the annual sales are "reported" but don't clarify who the source is, which is pretty common, and provides space for reasonable doubt to both give a ballpark while being noncommittal.
As for why 2017, our guess is because that was probably prime time for retail sales at Sephora, Neiman Marcus, etc. prior to the retail collapse of the pandemic. Perhaps that was the best year, or perhaps it was a good year that simultaneously is 5 years away from present day, so as to leave enough room to not have sales figures pinpointed.