Sales: $2.2 billion
Key Personnel: Bris Rocher, chairman and chief executive officer; Yann-Eitenne Le Gall, deputy chief executive officer, human resources, communication and organization.
Major Products: Yves Rocher, Stanhome, Dr. Pierre Ricaud, Danel Jouvance, Kiotis, ID Parfums, Flormar.
New Products: Arbonne (acquisition).
Comments: In February, Rocher acquired Arbonne International. At the time of the acquisition, Groupe Rocher chairman and CEO Bris Rocher said the move will enable his company to strengthen its position in the direct selling channel, which has seen an upturn during the past few years.
“We also have a heritage of providing employment opportunities—dating back to my grandfather, our founder, Yves Rocher, who cared deeply about providing employment since he started his business. This, combined with our direct selling know-how, should foster company growth and longevity.”
Following the acquisition, YR appointed a new CEO at Arbonne, Jean-David Schwartz, who had been CEO of Yves Rocher North America. Schwartz replaced Kay Zanotti who retired.
Arbonne was founded by Peter Mork, and its beauty and wellness products (skin care, cosmetics and nutrition supplements) are produced using natural plant ingredients. It has annual sales of about $550 million, and operates a manufacturing site and four proprietary distribution centers.
Through Arbonne’s acquisition, the Rocher group is set to boost its market penetration in Anglo-Saxon markets, since the brand is distributed in the US, Canada, the UK, Australia and New Zealand, as well as Taiwan and Poland. Elsewhere, in June, YR expanded its retail operations in Africa with a new store in Nairobi, adding to its positions in Nigeria and South Africa.
In 2016, Rocher added to its portfolio by acquiring Israeli brand Sabon, an artisanal soap maker.