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ILE DE BEAUTE (OJSC "United Europe - S.B") is a retail chain of perfume and cosmetics stores.
Performance indicators
2023: Revenue growth to RUB 8.6 billion
Il de Bote's revenue in 2023 amounted to 8.6 billion rubles against 5.71 billion rubles a year earlier (these and other indicators are given in accordance with Russian accounting standards/RAS/). The company's net losses in comparison with the same segments of time decreased from 2.56 billion to 1.5 billion rubles. This is evidenced by the data of the Kontur. Focus service, which TAdviser got acquainted with in July 2024.
It follows from these materials that the cost of sales of Il de Bote in 2023 reached 4.84 billion rubles, an increase from 2.87 billion rubles in 2022. The retailer's gross profit increased from 2.84 billion to 3.76 billion rubles, and sales losses decreased from 2.78 billion to 981.8 million rubles.
The commercial expenses of the chain of cosmetics and perfume stores in Russia in 2023 amounted to 4.74 billion rubles, which does not reach the same costs a year ago in 5.62 billion rubles. The company's accounts payable in 2023 amounted to 1.72 billion rubles against 821.3 million rubles a year earlier. Accounts receivable increased from 365.5 million to 465.4 million rubles.
The owner of the Il de Bote chain, Evgeny Drozdov, commented to RBC on the company's financial performance:
 | All that relates to the statistics of both the past [2023] and previous years is the statistics of the previous shareholder and is completely irrelevant to the strategy and tactics that we are implementing now. In terms of marginality, the absolute value has not changed, but the structure has changed. Previously, a fairly large share of marketing investments from brands was present in the marginality structure. Now the promotion has been shifted to our shoulders, but the commercial conditions have been changed so that we remain interested. We are a high-margin company and belong to the premium high-margin business format. |  |
History
2022: Plan to sell network to Russian manager amid Ukraine conflict
In July 2022, amid the ongoing conflict in Ukraine, it was announced that Sephora would sell Russian boutiques under the Ile de Beauté brand to a local director - AFP.
2013:148 stores in Russia
In 2013, the network included 148 stores in the largest cities of Russia, including Moscow.
ILE DE BEAUTE stores have more than 300 of the world's leading brands of perfumes, decorative cosmetics and care products.
2008: Sephora takes 45% stake in chain
In 2008, Sephora acquired a 45% stake in the Russian chain Ile de Beaute.
2006: Turnover of $319 million
The turnover of the holding in 2006 amounted to 319 million dollars.
1992: Founding of the Company
United Europe - Holding was founded in 1992. Engaged in the production and retail sale of cosmetics and perfumes. Includes the Gamma Cosmetic factory and the ILE DE BEAUTE retail chain, owns the Divage brand. The main shareholder is the president of the holding Igor Denisov (50%), 25% each belong to Alexei Gribkov and Valery Volodin.
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