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Davines enters new era following leadership reshuffle and reports stable 2020 results
By Megan Whitby 01 Jun 2021
During his career, Arnaud Goullin has held corporate roles at LVMH, Shiseido and Estée Lauder groups
Arnaud Goullin will join hair and skincare brand Davines Group in the role of global skincare division general manager, effective immediately.

Goullin has previous global experience in key roles at LVMH, Shiseido and Estée Lauder groups in Europe, Asia and the Americas, specifically focusing on brand development.

"I’m passionate about brands,” he said, “and with the possibility of creating a true value-driven community that goes even beyond the products.

“Davines’ Comfort Zone and Skin Regimen brands can do this with such authenticity, which deserves to be discovered by many more consumers around the world. It’s an honour for me to be part of this adventure.”

Goullin will join the leadership team as it enters a new era after CEO and managing director Paolo Braguzzi was recently succeeded by Davines North America CEO Anthony Molet.

“Arnaud’s deep knowledge of the beauty industry and his unique global experience is what Comfort Zone needs to get to the next level: evolving towards the development of international markets to conquer new consumers,” remarked Davide Bollati, Davines chair.

“I’m very excited to complete our leadership team with him, and I wish both him and Anthony all the best for this new chapter together.”

According to Davines, the next phase of the company is vital to its global development and this new management team will continue to focus on balancing evolution and growth, while prioritising the group’s core values ethics, beauty, and sustainability.

Following 10 years with 11.9 per cent compound annual growth rate, Davines has reported stable results for 2020, despite the pandemic’s impact on the professional beauty sector.

It closed the year with:
  • A €153m (£132.1m, US$186.5m) turnover – only a 6.2 per cent drop from 2019

  • A net profit of €14.7m (£12.7m US$17.9m) – 12 per cent more than 2019

  • An EBITDA at 19.4 per cent of the revenues


During 2020, Davines also successfully executed strategic positioning goals in its key markets. Today it makes over 78 per cent of its revenues outside of Italy, with North America representing the first market with 35 per cent of the total turnover.

So far in 2021, Davines has closed the first four months with a 33 per cent increase in sales performance compared to 2020 and a 13 per cent increase on the same comparable period of 2019.


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NEWS
Davines enters new era following leadership reshuffle and reports stable 2020 results
POSTED 01 Jun 2021 . BY Megan Whitby
During his career, Arnaud Goullin has held corporate roles at LVMH, Shiseido and Estée Lauder groups
I’m very excited to complete our leadership team with Arnaud, and I wish both him and Anthony all the best for this new chapter together
– Davide Bollati
Arnaud Goullin will join hair and skincare brand Davines Group in the role of global skincare division general manager, effective immediately.

Goullin has previous global experience in key roles at LVMH, Shiseido and Estée Lauder groups in Europe, Asia and the Americas, specifically focusing on brand development.

"I’m passionate about brands,” he said, “and with the possibility of creating a true value-driven community that goes even beyond the products.

“Davines’ Comfort Zone and Skin Regimen brands can do this with such authenticity, which deserves to be discovered by many more consumers around the world. It’s an honour for me to be part of this adventure.”

Goullin will join the leadership team as it enters a new era after CEO and managing director Paolo Braguzzi was recently succeeded by Davines North America CEO Anthony Molet.

“Arnaud’s deep knowledge of the beauty industry and his unique global experience is what Comfort Zone needs to get to the next level: evolving towards the development of international markets to conquer new consumers,” remarked Davide Bollati, Davines chair.

“I’m very excited to complete our leadership team with him, and I wish both him and Anthony all the best for this new chapter together.”

According to Davines, the next phase of the company is vital to its global development and this new management team will continue to focus on balancing evolution and growth, while prioritising the group’s core values ethics, beauty, and sustainability.

Following 10 years with 11.9 per cent compound annual growth rate, Davines has reported stable results for 2020, despite the pandemic’s impact on the professional beauty sector.

It closed the year with:
  • A €153m (£132.1m, US$186.5m) turnover – only a 6.2 per cent drop from 2019

  • A net profit of €14.7m (£12.7m US$17.9m) – 12 per cent more than 2019

  • An EBITDA at 19.4 per cent of the revenues


During 2020, Davines also successfully executed strategic positioning goals in its key markets. Today it makes over 78 per cent of its revenues outside of Italy, with North America representing the first market with 35 per cent of the total turnover.

So far in 2021, Davines has closed the first four months with a 33 per cent increase in sales performance compared to 2020 and a 13 per cent increase on the same comparable period of 2019.
RELATED STORIES
Anthony Molet to become Davines Group CEO as Paolo Braguzzi announces plans to step down


The Davines group, together with skincare brands Comfort Zone and Skin Regimen, has announced Paolo Braguzzi will leave his role as CEO and managing director, in May 2021.
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Playfulness to inspire Serenbe’s new wellness community launching in 2023
Georgia-based wellness community Serenbe is set to gain a brand new wellness community dedicated to play, said co-founder Steve Nygren, speaking to Spa Business.
Naural ‘cannabis’ levels boosted by exercise
Exercise has been found to increase levels of endocannabinoids – cannabis-like substances produced by the human body – which in turn helps reduce inflammation and could potentially treat conditions such as arthritis, cancer and heart disease.
Depression – exercise and mindfulness ahead of medication in new treatment guidelines for mild cases
People suffering from mild depression in England should be offered exercise, mindfulness, therapy or meditation before medication, such as antidepressants.
€100m investment in wellbeing hubs planned for City of Madrid
The City of Madrid could become one of the healthiest in the world if plans by the council come to fruition.
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A new trans-awareness course, certified by Habia, has been launched for the spa sector to help teach spa staff how to accommodate, attract and support transgender clients.
Luxury eco hot springs development to position Victoria as Australia’s wellness state
A sustainable hot springs retreat is set to open in Fingal on Australia’s Mornington Peninsula, Victoria, drawing on the healing benefits of water, immersion in nature and sleek minimalist design.
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