Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Companies & industry

Schwan Cosmetics: Always more global!

After 194 million euros for the previous year the management of Schwan Cosmetics is expecting at least 20% growth in the current year ending June 30th, 2011. Total workforce increased to more than 2,800 employees worldwide. The main recipe of this German company, based in the region of Nuremberg, of course is professionalism in the development of products and their industrialization. But innovation remains at the heart of the group and the budget dedicated to R&D and new product investment constantly exceeds 10% of sales. Furthermore, the group prides a true global strategy, which was illustrated recently with the acquisition of the U.S. firm Cosmolab. An operation headed for consolidation across the Atlantic as it lines up with another subsidiary of the group, Cosmetic Colours in Mexico. Not to mention, finally, Asia where the group intends to increase its presence. Details are given to us by Ulrich Griebel, CEO.

Ulrich Griebel, Schwan Cosmetics’ CEO

Ulrich Griebel, Schwan Cosmetics’ CEO


Premium Beauty News - Innovation is an integral part of Schwan Cosmetics?
Ulrich Griebel - Unquestionably, yes! There are no secret recipes. Innovation is not an option. Even during the 2009 crisis that in the end didn’t impact too hard on us, we haven’t stopped innovating. Especially in the fields of formulations and application formats that really constitute the heart of our business. Sound industrial implementation remains very important of course, and the development of our international teams as well. And we invest heavily in both areas.

Premium Beauty News - Your international strategy seems to have gained momentum?

Ulrich Griebel - Well, I would be more tempted to say it has consolidated itself. With the acquisition and continuing reorganization of Cosmolab, we intend to build a much stronger partner for the mass market brands in North America and Mexico. In a nutshell, Cosmolab will focus even more on customer service and product development, whereas the Mexican plant will provide a very efficient manufacturing platform.

Premium Beauty News - What is the synergy with the unit you own in New Jersey, near New York?

Ulrich Griebel - Schwan Cosmetics USA stays independent. It actually doesn’t even operate in the same market segment. It seems like yesterday that we decided to open this plant with just two assembly lines for the production of mechanical eyeliners and lipliners, but 2011 actually marks the 15th anniversary of the company. Meanwhile it has grown significantly, constantly adding more capacity, product and service offerings to its North American customer base. It has actually become the birthplace of many award winning products and is recognized by the entire cosmetics industry as a technologically advanced and innovative partner. A second facility focussing on the production of liquid eyeliners and a comprehensive secondary packaging operation was opened recently in the close neighbourhood.

Premium Beauty News - What about Asia?

Ulrich Griebel - Clearly, we are strengthening our presence. Our Chinese operation has been a successful first step starting in 2001. But Asia should not be reduced to China only. It’s an extremely dynamic region with many different consumer preferences and markets. We will announce a number of decisions shortly.

Interview by Jean-Yves Bourgeois

© 2011 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
MakeUp in newYork hosted more than 3800 visitors, with a growth of 12% of international guests.

MakeUp in New York moves to Javits Center to continue growing

The latest edition of MakeUp in NewYork was a huge success, announced the organisers. Held at the Center415 on 5th Avenue, in Manhattan, on September 11&12, 2019, the two-day B2B event dedicated to the makeup and skincare supply chain welcomed more than 3800 visitors, with a growth of 12% of international guests. Brazil, Canada, (...)

read more
job opportunities
Experts’ views
Victoria's Secret or the failure of a conservative positioning?

Laurence Bacilieri
Victoria’s Secret or the failure of a conservative positioning?

When the Victoria’s Secret show was cancelled it didn’t come as a surprise. In May, it was reported by The New York Times that the show would no longer be broadcast on network television. “We must evolve and change to grow. With that in mind, we have decided to re-think the traditional Victoria’s Secret Fashion Show". From 2001 to 2018, (...)

read more

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close