Cosmetic Valley

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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.[1][2]

Created in 1994, it is mainly located in the departments of Eure-et-Loir and Loiret[3] but also extends to the neighboring departments.[4][5]

Geography[edit]

The Cosmetic Valley stretches across three regions and seven departments: Centre (Eure-et-Loir, Indre-et-Loire, Loiret and Loir-et-Cher), Ile-de-France (Yvelines and Val-d'Oise) and Upper Normandy (Eure). The headquarters of the cluster are located on the site of the Chartres Cathedral.[6]

Main Locations by department[edit]

Eure-et-Loir[edit]

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,[7] 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.[8][9]

Loiret[edit]

Yvelines[edit]

History[edit]

Cosmetic Valley has been founded in 1994 on the initiative of Jean-Paul Guerlain in the region of Chartres.[12] This is the first industrial sector emerged in Eure-et-Loir.[13]

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.[12]

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.[14]

In 2007, stands at Orleans the first edition of Cosm'innov, a convention describing the progress of scientific disciplines in the field of cosmetology.[12]

The second edition of Cosm'innov takes place in March 2010 at Orléans[15]].[16]

Presentation[edit]

In the early 2013, the cluster has 800 companies for approximately 70,000 jobs and € 11 billion in revenue,[17] seven universities, 136 colleges, 200 public research laboratories for 8,600 researcher, 100 research projects with a budget of approximately 200 million.[18]

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.[12]

References[edit]

External links[edit]