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Cosmetic Valley

From Wikipedia, the free encyclopedia

The Cosmetic Valley or pôle cosmétique sciences de la beauté et du bien-être (in English, cosmetic science of beauty and well-being business cluster) is a technopole, the most important French business cluster specialized in the production of consumer goods in the industry of perfumes and cosmetics in France.

Geography

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The Cosmetic Valley stretches across three regions and seven departments: Centre-Val de Loire (Eure-et-Loir, Indre-et-Loire, Loiret and Loir-et-Cher), Île-de-France (Yvelines and Val-d'Oise) and Normandy (Eure). The headquarters of the cluster are located on the site of the Chartres Cathedral.[1]

Main Locations by department

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Eure-et-Loir

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Eure-et-Loir has nearly 70% of companies in the sector. To department officials, the Cosmetic Valley is an essential element of the attractiveness of the territory,[2] which would particularly illustrated by the introduction of foreign groups such as Reckitt Benckiser, but also small and medium enterprises (SMEs/SMBs) who joined the sector. Cosmetic Valley boasts the creation of over 1,500 jobs in the department in ten years.[3][4]

Loiret

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Yvelines

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History

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Cosmetic Valley has been founded in 1994 on the initiative of Jean-Paul Guerlain in the region of Chartres.[7] This is the first industrial sector emerged in Eure-et-Loir.[8]

In 2005, the industries of Eure-et-Loir come together with those of the Loiret to be labeled "national competitiveness cluster" under the supervision of the government of Jean-Pierre Raffarin.[7]

The 25th of August 2006, a decree defines the area of research and development of the cluster. Municipalities of the department of Eure, Eure-et-Loir, Indre-et-Loire, Loiret and Yvelines are concerned.[9]

In 2007, stands at Orleans the first edition of Cosm'innov, a convention describing the progress of scientific disciplines in the field of cosmetology.[7]

The second edition of Cosm'innov takes place in March 2010 at Orléans.[10][11]

Presentation

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In the early 2013, the cluster has 800 companies for approximately 70,000 jobs and €11 billion in revenue,[12] seven universities, 136 colleges, 200 public research laboratories for 8,600 researcher, 100 research projects with a budget of approximately 200 million.[13]

Among the major companies represented include L'Oréal (via its subsidiaries Maybelline and Yves Saint Laurent Opium), Shiseido (via Jean-Paul Gaultier, Issey Miyake, Serge Lutens), LVMH (via Christian Dior and Guerlain), Caudalie.[7]

References

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