Since 2021, before the French AGEC law came into effect in January 2022, the dermo-pharmaceutical group Pierre Fabre (2024 revenue: €3.1 billion, up by 9.5% at constant exchange rates) has entrusted Phenix with the revaluation of unsold cosmetics. Last year, 2.8 million items were revalued, up by 75% due to the inclusion of samples in the volume of unsold goods. “This represents a cost price of €2 million”, said Francis Lemontey, CSR Manager at Pierre Fabre, to mind Retail. Over 4 years, Pierre
…With Phenix, Pierre Fabre revalued 7.7 million unsold items in 4 years
Since 2021, Phenix has been responsible for revaluing unsold cosmetic products from the pharmaceutical group Pierre Fabre. Francis Lemontey, CSR Manager at Pierre Fabre, looks back on this collaboration.
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