Clarins in Deal With Swarovski
Thursday, March 20, 2008
By Ellen Groves
PARIS — Groupe Clarins said Wednesday it has added Swarovski to its portfolio of beauty licenses.
Clarins' Thierry Mugler Parfums division will have responsibility for developing the worldwide beauty license for the Austrian crystal giant. It will develop fragrance, cosmetics and beauty accessories under the name Swarovski Beauty, with the first products slated to hit shelves in 2010. Financial terms of the 10-year deal were not disclosed.
Clarins' Thierry Mugler Parfums division will have responsibility for developing the worldwide beauty license for the Austrian crystal giant. It will develop fragrance, cosmetics and beauty accessories under the name Swarovski Beauty, with the first products slated to hit shelves in 2010. Financial terms of the 10-year deal were not disclosed.
