Comments: Pola is one of Japan’s leading cosmetics firms, selling products at retail and directly to the con- sumer. The Pola Orbis Group traces its origins back to a hand cream made by the group’s founder, Shi- nobu Suzuki, who created it o heal his wife’s dry and rough hands. He began sell- ing the hand cream door- to-door, visiting individual customers by bicycle and supplying them with no more than the amount of cream they needed. Pola’s sales were flat at $1.1 billion. Two of the group’s core companies, Pola Inc. and Orbis Inc, showed growth, according to the company’s annual report. The Tokyo Stock Exchange gave the green light to Pola Orbis Holdings Inc.’s plan to list on the xchange on Dec. 10. According to published reports, the Japanese cosmetics company offered 4 mil- lion shares in its initial public offer- ing. The natural disasters in Japan had little effect on Pola. According to a company press statement, “There has been no impact (by earthquake, tsunami or nuclear power plant) on Shizuoka Prefec-
ture, where Pola factories are lo-
cated. All of our products are safe, without any scientifically
proven harmful-level radioactive contaminations. Since the
event, Pola Japan has been conducting thorough product in-
spection and the U.S. Custom’s inspection has been as strict as
ever. Furthermore, Pola USA has started checking radiation level
before we ship our merchandises to your local distributors.”All
of Pola Japan’s fundamental operations, including but not lim-
ited to Pola Japan headquarters, international division, factories
and R&D center operated normally, the company said.
Pola-Orbis Holdings, Inc. donated $3.75 million worth of
products through various charity organizations including the
Japanese Red Cross. In addition, Pola Group decided to donate
percentage portion of its March and April revenue to the disas-
ter affected areas and people, mainly in Northeast Japan.
H2O Plus is owned by Pola.
Two months ago, Pola Orbis Holdings Inc. acquired H2O
Plus, the privately held marketer of marine-based natural skin
care products with headquarters in Chicago, IL. H2O Plus had
been majority-owned by investment companies Cordova, Smart
& Williams, LLC and New MainStream Capital, LLC, as well as
Robert Seidl and other members of senior management. Financial details of the transaction were not released.
The move comes as Pola Orbis aims to accelerate its growth
in global markets and achieve sales of $3 billion with an overseas sales percentage of 20% by 2020. H2O Plus has more than
2,000 prestige retail points of distribution in 22 countries, including deep penetration in North America, Asia and an expanding presence in Europe and Latin America.
H2O Plus will strengthen Pola Orbis’global business base, and
Pola Orbis expects synergies through the integration of Pola Orbis'
strengths in research & development and marketing while capitalizing on H2O Plus’ appealing brand concept and retail distribution channels via local distributors, according to Pola.
“H2O Plus has a sharp brand identity and adds a distinct
uniqueness to the Pola Orbis portfolio of seven brands. Pola
Orbis targets to increase its presence in global markets in the
mid-term management plan, and we believe a partnership with
H2O Plus will be mutually beneficial,”said Satoshi Suzuki, president and CEO of Pola Orbis.“Pola Orbis will build a shared relationship with H2O Plus through communication, and we are
confident in H2O Plus’further growth through an integration of
Pola Orbis’expertise in R&D, marketing, and management.”
Sales: $1.1 billion
Marc Puig Guasch, chairman and chief executive officer; Manuel
Puig Rocha, vice-chairman; Jose Manuel Albesa, chief brand officer; Javier Bach, chief operating officer; Eulalia Alfonso, chief
human resources officer; Joan Albiol, chief financial officer.
Fragrances—Paco Rabanne, Comme De Garçons, Carolina Herrera, Nina Ricci, Prada, Antonio Banderas, Shakira, Agua Brava,
Brummel, Pacha, Quorum, Sportman. Cosmetics—Vitesse, Payot.
Toiletries—Denenes, Lactovit, Heno De Pravia.
Lady Million, 212VIP, L’Élixir de Nina, Valentina (September), Prada