Page 10 - EM EXPORT MAGAZINE PERFUMERY EDITION
P. 10

INTERVIEW









                                                                                          licences.  After  a  few  years,  we  started
                                                                                          to  make  acquisitions  and  we  continue
                                                                                          to  take  over  existing  brands,  with  very
                                                                                          positive  results.  These  brands  have  all
                                                                                          interesting  advantages,  they  find  a  new
                                                                                          energy in our Group to become stronger,
                                                                                          especially regarding brand awareness at
                                                                                          international level.
                                                                                          Considering our evolution and growth of
                                                                                          50%  in  two  years,  we  have  planned,  in
                                                                                          2025, to increase our financial resources
                                                                                          knocking  at  the  door  of  an  investment
                                                                                          fund,  while  keeping  the  majority  of  the
                                                                                          Group.



















             EM: What is the key to your success?   in  our  business  is  the  financial  side:
             HJ: Certainly, being able to maintain a   you  have  to  invest  a  lot  in  advance,  to
             balance  between  the  different  faces  of   be  able  to  develop  and  find  a  room  in
             the activity: creation, finance, choice of   a  market  such  as  the  Beauty  one  which
             brands to answer precisely the demand   offers an incredible potential. I’ve tried to
             as  much  as  possible  and  to  develop   reproduce in our dimension the strategy
             them to the best. I am pleased with the   that I learned when I was a manager at
             direction  we  have  taken  and  continue   L’Oréal: for example, if you want to make
             to  follow,  thanks  to  a  very  successful   something  profitable,  you  have  to  have
             history with a still long way to go ahead   the  resources  in  terms  of  organization,   EM: How do you operate on the French
             of us.                                 to protect your brands, you have to put   market?
                                                    together  several  sources  of  turnover,   HJ:  In  France  we  have  our  own  branch
             EM: In  your  opinion, is  there  a weak   distributed  in  different  channels.  It  is  a   and we work, depending on the brands,
             side in doing business as entrepreneur   magnificent  strategy  because  through   with independent perfumeries.
             in the domain of Beauty?               product development, you can cover the   For Rexaline we also work with a chain
             HJ:  Before  becoming  an  entrepreneur,   different brands in the channels. Having   of pharmacies. We run a retail activity
             I  was  an  executive  at  L’Oréal.  I  learnt  a   a critical mass in the different segments   as well, with our Rive Droite signature,
             great  deal  there  on  how  a  large  beauty   is the solution to putting a business on a   through  two  premium  perfumeries  in
             company  works  and  this  ‘theatre’   solid base. Our Group is independent and   Paris.  This  gives  us  a  direct  contact  to
             fascinated  me.  However,  I  didn’t  really   I own 100% of the capital.    the  consumer  and  contributes  to  the
             feel comfortable and I decided to become                                     progress of our brands.
             an  entrepreneur.  When  you  create  a   EM: You have diversified           This also includes the point of view of on-
             business, it is not by chance, this reflects   your portfolio very well…     site training. In these two flagship stores
             a  certain  personality  and  that  was  my   HJ:  We  have  diversified  since  the   we also organize events and a few press
             case.  To  answer  your  question,  the  risk   beginning, adding our own brands to the   launches.
                                                                                                                   Claudia Stagno
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