Cosfibel Group optimizes its way out of the crisis
Far from denying the difficulties that affect the luxury and beauty sectors, the Cosfibel group resists, anticipates and rebounds. Acquisitions, partnerships, opening up to new markets, supply development, new management, these are the axes of a resolutely offensive strategy.
While Cosfibel’s sales fell by 16% in 2020, the group nevertheless gained market share in style. It has expanded its commercial network and is currently making several niche acquisitions in France and abroad. Thanks to an adapted creation, the group has managed to preserve its operating margins and has built up a war chest to face any opportunity. Finally, Alain Chevassus organized his succession with the arrival of Marie Sermadiras as Executive Vice President of Cosfibel Group. [Read more]