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L'Occitane
L'Occitane en Provence (; ), commonly known as L'Occitane, is a French luxury retailer of body, face, hair and home products, as well as fragrances. Based in Manosque, France, it was founded in 1976 by Olivier Baussan with the purpose of creating a company that celebrates and preserves the traditions of his native Provence. In 2010, the company became Initial public offering, listed on the Hong Kong Stock Exchange. In 2024, controlling shareholder Reinold Geiger offered to take the company private. History In 1976, 23-year-old Olivier Baussan used steam distillation to produce essential oil from wild rosemary and lavender, which he sold at open-air markets in his native Provence. ''L'Occitane'' was named for the women of Occitania. This area existed during the Middle Ages, spanning southern France, north-eastern Spain and northern Italy. Occitan language, Occitan was the native language and is still spoken as a second language in some areas of this region. In 1976, using an ol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sol De Janeiro
Sol de Janeiro is an American skincare and fragrance brand founded in 2015 by Heela Yang. Sol de Janeiro products are inspired by Brazilian beach culture and are known for its signature scent base of almond and vanilla. History Co-founder and CEO Heela Young worked as a director of marketing at Clinique and as a manager at Lancôme before moving from Brazil to New York with her husband in 2012. Yang, a Korean-American and Harvard Business School alumna, founded Sol de Janeiro after living in Brazil and experiencing its body positivity, inclusive beach culture firsthand. In 2021 L'Occitane en Provence, L’Occitane Group acquired a majority stake in Sol de Janeiro, valuing the company at US$450 million. Marketing TikTok had a major effect on the brand's business, collaborating with social media influencers such as Katie Fang. Euphoria (American TV series), ''Euphoria'' star Barbie Ferreira was chosen as a brand ambassador in 2023. Awards and honors Fast Company named Sol de Jan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reinold Geiger
Reinold Geiger (born 10 July 1947) is an Austrian billionaire, and the chairman and executive director of French cosmetics retailer L'Occitane en Provence. On the 2023 ''Forbes ''list, he was the 9th richest Austrian with a net worth of US$ 1.4 billion. Education and career Geiger, the son of a carpenter, received a bachelor's degree in engineering from the Swiss Federal Institute of Technology in Zürich, in 1969 and an MBA degree from INSEAD in Fontainebleau (France) in 1976. After graduating he founded several small companies, including a tourism company in London. In 1978, Geiger founded the AMS Packaging Company in Paris, which specialized in the production of cosmetics packaging. He later sold the company at a profit. In 1994, Geiger started investing millions in the then small cosmetics company L'Occitane and took over the management. He expanded the company into a global group and it was listed on the Hong Kong stock exchange in May 2010. In 2021, he stepped down a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Olivier Baussan
Olivier Baussan (born 18 July 1952) is a French cosmetics businessman and the founder of L'Occitane en Provence, Oliviers & Co and Première Pression Provence. Biography Early life Baussan completed his degree in literature at the Université d'Aix-en-Provence. Career At the age of 23 he began to focus on creating cosmetic products from the flora of Provence. The acquisition of an old soap factory that had been on the decline, in partnership with a chemist friend, Yves Millou, launched the growth of the small business. The group was created in 1976. In 1981 he opened his first store in Volx in Haute Provence. In 1992, he sold the company to Austrian businessman Reinold Geiger but retained a 5% stake. Through l’Occitane en Provence he launched a brand of premium olive oil, Oliviers & Co, in 1996. Most of the oils sold through the company are produced by families or small cooperatives, all of whom must follow Baussan’s exacting methods of cultivation and production. In J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manosque
Manosque (; Provençal Occitan: ''Manòsca'' in classical norm or ''Manosco'' in Mistralian norm) is the largest town and commune in the Alpes-de-Haute-Provence department in southeastern France. However, it is not the ''préfecture'' (capital) of the department, which is the smaller town of Digne-les-Bains. Manosque is located at the far eastern end of the Luberon near the Durance river. History Manosque has existed since before 966 when it is first mentioned historically. Commerce thrived in the town in the 13th century leading the population to increase to 10,000 inhabitants. It was at this time that the city walls were constructed. They have been completely destroyed apart from a few remaining gates. The population suffered greatly starting in the 18th century due to plagues in 1720 and 1834. Between 1950 and 1970, the town had a huge increase in population along with other areas south of the Luberon. A threefold increase in inhabitants occurred. Population Personalitie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debenture
In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. The legal term "debenture" originally referred to a document that either creates a debt or acknowledges it, but in some countries the term is now used interchangeably with bond, loan stock or note. A debenture is thus like a certificate of loan or a loan bond evidencing the company's liability to pay a specified amount with interest. Although the money raised by the debentures becomes a part of the company's capital structure, it does not become share capital. Senior debentures get paid before subordinate debentures, and there are varying rates of risk and payoff for these categories. Debentures are freely transferable by the debenture holder. Debenture holders have no rights to vote in the company's general meetings of shareholders, but they may have separate meetings or votes e.g. on changes to the rights attached to the debentures. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Volx
Volx (; ) is a commune in the Alpes-de-Haute-Provence department in the Provence-Alpes-Côte d'Azur region in southeastern France. Population See also * Coteaux de Pierrevert AOC * Luberon The Luberon ( or ; Provençal dialect, Provençal: ''Leberon'' or ''Leberoun'' ) is a massif in central Provence in Southern France, part of the French Prealps. It has a maximum elevation of and an area of about . It is composed of three mounta ... References Communes of Alpes-de-Haute-Provence Alpes-de-Haute-Provence communes articles needing translation from French Wikipedia {{AlpesHauteProvence-geo-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Venture Capitalist
Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovative technology or business model and often come from high technology industries such as information technology (IT) or biotechnology. Pre-seed and seed rounds are the initial stages of funding for a startup company, typically occurring early in its development. During a seed round, entrepreneurs seek investment fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Creative Director
A creative director is a person who makes high-level creative decisions; oversees the creation of creative assets such as advertisements, products, events, or logos; and directs and translates the creative people who produce the end results. Creative director positions are often found within the music, film, video game, fashion, marketing, or entertainment industries, but may be found in other creative organizations such as web development and software development firms as well. A creative director is a vital role in all of the arts and entertainment industries and can be seen as another element in any product development process. The creative director may also assume the roles of an art director, copywriter, or lead designer. The responsibilities of a creative director include leading the communication design, interactive design, and concept forward in any work assigned. For example, this responsibility is often seen in industries related to advertisement. The creative dire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clarins
Clarins is a family-run France, French multinational cosmetics company, which was founded in Paris in 1954 by Jacques Courtin-Clarins. In addition to manufacturing and selling cosmetics, skincare and perfume products, the company is also a major player in the spa and well-being sector. Clarins operates in over 150 countries and is available at high-end department stores and selected retailers with the Clarins and My Blend brands, and is a major luxury skincare brand in Europe. Although more than 95% of its products are exported worldwide, they are formulated and designed in Clarins Laboratories in France. History Significant milestones in the history of Clarins: * 1954: Jacques Courtin-Clarins opens his first Beauty Institute on Rue Tronchet in Paris. * 1968: Clarins creates its Client Card, which is included in the packaging of Clarins skincare products. * 1974: Christian Courtin-Clarins joins the company as Director of Exports. * 1984: Clarins is listed on the secondary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Finance Centre (Hong Kong)
The International Finance Centre (abbreviated as IFC) is a skyscraper and integrated commercial development on the Victoria Harbour, waterfront of Hong Kong's Central and Western District, Central District. A prominent landmark on Hong Kong Island, IFC consists of two skyscrapers (1 IFC and 2 IFC), the IFC mall, and the 55-storey Four Seasons Hotel Hong Kong, respectively. 2 IFC is the second-tallest building in Hong Kong at a height of , behind the International Commerce Centre in West Kowloon, and the List of tallest buildings, 38th-tallest building in the world. It is the fourth-tallest building in China and the eighth-tallest office building in the world, based on structural heights; it is of similar height to the former World Trade Center (1973–2001), World Trade Center. The Airport Express (MTR), Airport Express Hong Kong station is directly beneath it, with subway lines to Hong Kong International Airport. IFC was constructed and is owned by IFC Development, a consor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leveraged Buyout
A leveraged buyout (LBO) is the acquisition of a company using a significant proportion of borrowed money (Leverage (finance), leverage) to fund the acquisition with the remainder of the purchase price funded with private equity. The assets of the acquired company are often used as collateral for the financing, along with any equity contributed by the acquiror. While corporate acquisitions often employ leverage to finance the purchase of the target, the term "leveraged buyout" is typically only employed when the acquiror is a financial sponsor (a private equity investment firm). The use of debt, which normally has a lower cost of capital than Equity (finance), equity, serves to reduce the overall cost of financing for the acquisition and enhance returns for the private equity investor. The equity investor can increase their projected returns by employing more leverage, creating incentives to maximize the proportion of debt relative to equity (i.e., debt-to-equity ratio). Whi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South China Morning Post
The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remained Hong Kong's newspaper of record since British colonial rule. Editor-in-chief Tammy Tam succeeded Wang Xiangwei in 2016. The ''SCMP'' prints paper editions in Hong Kong and operates an online news website that is blocked in mainland China. The newspaper's circulation has been relatively stable for years—the average daily circulation stood at 100,000 in 2016. In a 2019 survey by the Chinese University of Hong Kong, the ''SCMP'' was regarded relatively as the most credible paid newspaper in Hong Kong. The ''SCMP'' was owned by Rupert Murdoch's News Corporation from 1986 until it was acquired by Malaysian real estate tycoon Robert Kuok in 1993. On 5 April 2016, Alibaba Group acquired the media properties of the SCMP Group, including ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
