Meeting in the "Grand Amphi" of the University of Orléans on June 29, at the heart of the competitiveness cluster, Cosmetic Valley's Annual General Meeting opened with the re-election of Marc-Antoine Jamet, General Secretary of the LVMH Group, as Chairman, unanimously elected for a further three-year term.
For his third term, the President of Cosmetic Valley will be responsible for promoting national coordination of the French perfumery and cosmetics industry. Today, Cosmetic Valley federates 800 companies, including most of France's major groups and 80 % of SMEs and VSEs, representing all French territories, both in mainland France and overseas, and all the industry's trades: ingredients, processes, packaging, testing, finished products, etc.
With sales of 45 billion euros and 246,000 jobs, Cosmetic Valley claims to embody the values of the "French brand" in perfumery and cosmetics: innovation, performance, product safety, respect for the environment, authenticity of ingredients. The driving force behind a sector that provides France with its second-largest export balance and is a world leader in an increasingly competitive market, Cosmetic Valley emphasizes its ability to create a genuine "industrial fabric" linking major groups and SMEs, private and public players, laboratories, universities and training establishments. The cluster has a strong European and international dimension, and participates in various EU programs. This ecosystem is the world's leading network for cosmetology research.
"I still get the same pleasure out of embodying our unity with public authorities, in the regions, in front of central administrations, and on the international stage, said Marc-Antoine Jamet. The confidence that my peers continue to place in me is an inexhaustible source of pride. We have, it seems to me, collectively grown in strength and legitimacy, moved our issues forward together, and diversified our actions. Of course, we still have many challenges ahead of us. In particular, we must face up to the four major transitions - ecological, technological, economic and digital - which the health crisis has not created, but rather exacerbated. This year has therefore been marked by our resilience and the resumption of our factories and workshops. It must continue with our determined involvement in the revival of growth and jobs in our country. Because we want to ensure our future performance through concrete advances, we are adapting today not only our tools - I'm thinking of the 400 million euros of collaborative projects underway - but also our governance, with directors who reflect even more the diversity and wealth of our members. I expect them to play an active role, and to commit to being our ambassadors, in France and around the world. I am delighted that, in a period of decisive transition, they have decided to renew their confidence in me for a further term at the head of Cosmetic Valley.
