{"id":83006,"date":"2022-04-28T07:30:37","date_gmt":"2022-04-28T05:30:37","guid":{"rendered":"https:\/\/test2023.luxus-plus.com\/?p=83006"},"modified":"2022-04-28T12:19:51","modified_gmt":"2022-04-28T10:19:51","slug":"bogart-wants-to-expand-its-european-footprint","status":"publish","type":"post","link":"https:\/\/luxus-plus.com\/en\/bogart-wants-to-expand-its-european-footprint\/","title":{"rendered":"Bogart wants to expand its European footprint"},"content":{"rendered":"<h4>Bogart, the French beauty specialist, is looking forward to continuing its expansion in Europe after a successful year in 2021.<\/h4>\n<p><!--more--><\/p>\n<p>&nbsp;<\/p>\n<p>Last year, the family-owned group achieved a turnover of <strong>245.9 million euros<\/strong>, up <strong>10%<\/strong> at current exchange rates.<\/p>\n<p>&nbsp;<\/p>\n<p>And this despite a year 2021 &#8220;still disrupted by the health context and administrative closures&#8221;. Its two divisions are growing: the group owns 9 perfume and cosmetics brands (<strong>Carven, Bogart, Ted Lapidus, Neo Cologne, April, M\u00e9thode Jeanne Piaubert,\u00a0Stendhal, Close<\/strong>\u2026&#8230;) or under licence (<strong>Chevignon<\/strong>&#8230;) and a network of own shops under the <strong>April<\/strong> banner.<\/p>\n<p>&nbsp;<\/p>\n<p>The net result, share of <strong>Bogart<\/strong>, which integrated <strong>38 Nocib\u00e9 shops<\/strong> last October, did indeed contract sharply (-68%) to <strong>0.7 million euros<\/strong>. But its Ebitda itself grew by +4.1% to <strong>38.4 million euros<\/strong>. And its financial situation, <em>&#8220;very healthy and solid And its financial situation, &#8220;very healthy and solid&#8221;,<\/em> with a still high level of cash (<strong>93.2 million euros<\/strong> at the end of <strong>2021<\/strong> compared to <strong>88.3 million euros<\/strong> a year earlier), allows it to remain<em> &#8220;attentive to opportunities in <strong>2022<\/strong> to continue to develop its market share in Europe&#8221;<\/em>. Its cash flow was <strong>\u20ac32.6m<\/strong> at the end of 2021 compared to <strong>\u20ac34.7m<\/strong> at the end of <strong>2020<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p>In 2022, the group has already made its move: in January, it acquired <strong>Fann<\/strong>, the leading Slovakian selective beauty retailer, with its <strong>68 points of sale<\/strong>. This will further expand its own portfolio of more than <strong>400<\/strong> April-branded selective<strong> perfumeries<\/strong> worldwide (<strong>Belgium, Luxembourg, Germany, France<\/strong>,\u00a0<strong>Israel and Dubai<\/strong>).<\/p>\n<p>&nbsp;<\/p>\n<p>Last year, the acquisition of Nocib\u00e9 shops enabled Bogart to more than double its French network to around<strong> 70 outlets<\/strong>. Prior to that, Bogart had already acquired the German group <strong>HC Parf\u00fcmerie<\/strong> and its network of <strong>87 shops<\/strong> (in 2016), Distriplus, the leading retailer in Belgium with a network of <strong>200 outlets<\/strong> (2018), and<strong> 18 selective perfumeries<\/strong> in Luxembourg belonging to the <strong>Milady Parfumerie<\/strong> network (2019).<\/p>\n<p>&nbsp;<\/p>\n<p>The sounds of the boot in Eastern Europe do not disturb Bogart&#8217;s dynamics and ambition. The group announces a <em>&#8220;favorable start to the 2022 financial year&#8221;<\/em>. And it explains that the impact of the Russian-Ukrainian conflict is<em> &#8220;very low&#8221;<\/em> at the group level, as this zone only accounts for 0.6% of its consolidated turnover. Bogart also has<em> &#8220;no industrial or commercial presence in these geographical areas&#8221;.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Read also &gt;\u00a0<a href=\"https:\/\/luxus-plus.com\/en\/what-is-the-impact-of-the-war-in-ukraine-on-luxury-cosmetics-brands\/\">WHAT IS THE IMPACT OF THE WAR IN UKRAINE ON LUXURY COSMETICS BRANDS ?<\/a><\/p>\n<p>&nbsp;<\/p>\n<p>Featured photos : \u00a9 April<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bogart, the French beauty specialist, is looking forward to continuing its expansion in Europe after a successful year in 2021.<\/p>\n","protected":false},"author":1,"featured_media":83072,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_titles_title":"%%post_title%% %%sep%% %%sitetitle%%","_seopress_titles_desc":"Bogart, the French beauty specialist, is looking forward to continuing its expansion in Europe after a successful year in 2021.","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"none","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":301,"_seopress_analysis_target_kw":"Bogart,Cosmetics,Beauty,Nocib\u00e9,April,Perfume,Fragrance,Europe","footnotes":""},"categories":[24],"tags":[22419],"class_list":["post-83006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-news-en"],"_links":{"self":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/83006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/comments?post=83006"}],"version-history":[{"count":0,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/posts\/83006\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media\/83072"}],"wp:attachment":[{"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/media?parent=83006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/categories?post=83006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/luxus-plus.com\/en\/wp-json\/wp\/v2\/tags?post=83006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}