Lise Watier Explained

Lise Watier
Image Alt:Lise Watier
Type:Subsidiary of Groupe Marcelle Inc.
Foundation:1972
Location:Montreal, Canada
Industry:Cosmetics
Products:Makeup, skin care and fragrances

Lise Watier is a Canadian prestige cosmetic company and brand, launched in 1972 by Madame Lise Watier, OC, and distributed through department and select drugstores.[1] [2] [3]

History

Lise Watier was born in Montreal in 1942. Her father worked his way up to become manager of a car dealership and her mother had a sense of fashion.[4]

She told the Toronto Star that the heavy makeup she wore for her job as a researcher and host for a women's interest television program from 1963 to 1968 inspired her to create a self-improvement and makeup course company, Charme et Beauté Lise Watier Inc., in 1965, and to launch her own line of cosmetics in 1972.[5]

The Montreal-based company first attempted to expand in the 1980s, but a fire in the company's factory and offices was a major setback. Watier later told the National Post, "It took until 1995 to get back to the point we were at in 1990."[6] By the turn of the century, the company's cosmetics were distributed in France and across Canada.[6]

Watier was a family-owned company; Watier's husband, Serge Rocheleau was chairman and general manager, and daughters Nathalie and Marie-Lise worked in marketing.[6]

The brand is distributed in Canada and the United States.

In 1986, the company's founder was honoured as Canadian business woman of the year.[7]

In 2007, Imperial Capital Corporation of Toronto, an investment firm, purchased a majority stake in the company, with Watier and Rocheleau retaining seats on the board and a minority share in the company.[8]

In 2009, the company signed Mitsou Gélinas, a Canadian singer, actor and television personality, as ambassador.[9]

In 2013, Watier stepped down as CEO, appointing Pierre Plasard, previously of L'Oréal, to take her place. As of that time, the company had 175 employees and did approximately $90 million in sales annually.

The company was acquired by Groupe Marcelle Inc. in 2016.[10] [11]

External links

Notes and References

  1. Book: Béchade, Sandrine . Lise Watier : Une vie à entreprendre. CBC/Radio-Canada. January 19, 2016 . 210. 9782981549723.
  2. Book: Lachance , Micheline . Lise Watier: la beauté en affaires. Publicor . 13. Biographie / Femme Plus . 0838-9446. 1998 .
  3. Lise Watier, une vie à entreprendre (videorecording) / Société Radio-Canada. -- Montréal : Société Radio-Canada, 2015
  4. News: Jaimer . Kate . A touch of beauty: Determination and hard work have made Lise Watier the Celine Dion of Quebec's cosmetics business . Ottawa Citizen . 31 July 1999. .
  5. News: Bot . Ellen . Watier favors subtle makeup look . Toronto Star . 2 July 1987. .
  6. News: Allossery . Patrick . Quebec's Watier finds the sweet smell of success It's all in the family; Despite setbacks, firm is still tops in its home market . National Post . 25 October 1999. .
  7. News: Founder of Lise Watier cosmetics honoured as businesswoman of the year . The Montreal Gazette . May 23, 1986.
  8. Web site: End of an era: Tearful CEO Lise Watier steps down. Friede. Eve. September 18, 2013. The Montreal Gazette. 2018-06-14.
  9. News: French Canadian beauty company Lise Watier Cosmetiques has signed a new ambassadress.. https://web.archive.org/web/20180612142735/https://www.highbeam.com/doc/1G1-196534343.html. dead. June 12, 2018. Cosmetics International. March 13, 2009 .
  10. News: Montreal's Groupe Marcelle buys Lise Watier Cosmetiques with help from Caisse de depot. February 18, 2016. CTV News.
  11. News: Groupe Marcelle buys Lise Watier cosmetics company. February 18, 2016. Montreal Gazette.