/
2 mins lecture

Economy. The State confirms “Cosmetic Valley” cluster the mission to lead – nationally – its industrial sector

The Government, through Prime Minister Édouard Philippe, has just announced the certification (or renewal of the certification), for the period 2019-2022, of 48 of the 56 competitiveness clusters that had submitted a request to this effect to the General Directorate for Companies of the Ministry of the Economy and Finance.

By Claire

Created in 1994, labelled in 2005, COSMETIC VALLEY, alongside the other poles that also drive strategic sectors for French industry and the economy (automotive, health, nuclear, digital, aeronautics, etc…), is obviously part of this list.

Already mandated by the State to manage, on a national scale, the perfumery and cosmetics sector, an essential contributor to France’s trade balance and employing more than 150,000 employees, has just announced the renewal of its label.

Marc-Antoine Jamet, President of COSMETIC VALLEY, said “I am delighted with the certification of our competitiveness cluster, which comes in the year of its 25th anniversary, and I sincerely thank the public authorities, in the first rank of whom is the Minister of Economy, Bruno Lemaire, whose support is still with us and with whom we are working happily. As the driving force behind a French industry that is the leader on the international market, COSMETIC VALLEY will continue to defend the excellence of “Made in France” in a sector of the future where our country must fight to maintain and develop its positions in an increasingly competitive environment.  »

The cluster has managed to create a real “industrial fabric” between large groups and SMEs, private and public actors, building an ecosystem whose size and actions are constantly increasing. This is probably one of the main reasons for its success since it is, among the competitiveness clusters, the one with the most members (nearly 600 companies, 80% of which are SMEs), examining at each of its quarterly boards of directors some twenty candidates eager to join it.

 

Perfumery and cosmetics sector: Cosmetic Valley brings a real dynamism

An ardent defender of Made in France and its values (environmental protection, consumer safety, authenticity of raw materials, performance and innovation), COSMETIC VALLEY provides its members with an exceptional set of tools: scientific or legal training and conferences, synergies and networking, setting up and helping to finance collaborative research projects (currently 400 for an outstanding amount of 450 million euros) developed between manufacturers in the cosmetics sector, academic research (9 universities are partners in the cluster: Orléans, Rouen, Tours/François Rabelais, Versailles / Saint Quentin-en-Yvelines, Le Havre, Cergy-Pontoise, Paris 13, Paris Sud, Sorbonne University) and renowned scientific institutions (CNRS, LNE, Synchrotron Soleil), accompanying startups through the Cosmet’up platform, and a specialized incubator in Chartres, opening of additional local offices (Marseille) and partnerships with new regions or new complementary poles of its activities (AURA), access to international markets and major trade shows (Hong Kong, Dubai, Shanghai, Las Vegas..).

 

This dynamic and concrete policy has recently had four outcomes that are all investments for the future: an international exhibition – Cosmetic 360 – created in Paris, under the sign of innovation and which is proving to be a success in publishing; under the Cosmetic Clusters International Network (CCIN) label, the grouping of some twenty global cosmetics clusters enabling COSMETIC VALLEY to engage in an offensive international strategy; co-financed by the European Union’s COSME programme and involving four countries (France, Spain, Portugal, Romania), a European Cosmetics4Wellbeing cluster, whose cluster, demonstrating its continental dimension, has taken the lead; launch of an – international – Cosmetics House in Chartres, the cluster’s new headquarters, whose construction has been entrusted by the City and its metropolis to the architectural firm Search.

 

By Claire

The editorial team

Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

Article précédent

L’Oreal’s fourth quarter sales lifted by Asia, luxury products

Article suivant

Luxury packaging: Gainerie 91 group’s Design competition is launching its call for applications for its 2019 edition

Dernier en date de