/Key Points
– Lalique Group addresses speculative falsehoods from a French blog about its business.
– Chairman Silvio Denz emphasizes the company’s commitment to its heritage and future.
– No decisions regarding investor interest have been finalized, ensuring continuity for employees and operations.
– The Group remains focused on its luxury goods, including perfumes, cosmetics, and crystal.
Lalique Group Responds to Speculative Reports
In response to a recent speculative report published on a French blog, Lalique Group aims to clarify the position of its Chairman and majority shareholder, Silvio Denz.
Denz highlighted his ongoing commitment to the Maison since acquiring it in 2008, stating, “When I acquired Lalique in 2008, the Maison was in difficulty. Since then I have devoted considerable resources, time and passion to it, with our management and their teams: to the manufacture in Wingen-sur-Moder, to our teams in Paris and Zurich, to the collections and the boutiques.” He noted the growth of the group, which now includes Lalique Beauty and its various brands, as well as establishments in Alsace, Bordeaux, Scotland, and Zurich.
Having recently celebrated his seventieth birthday, Denz expressed a deep sense of responsibility toward the long-term future of the company, mentioning, “It is only natural that I address the question of succession now, for each of the businesses of the Group, while I am in good health, in the interest of our employees, our sites and the heritage we carry. To do otherwise would be irresponsible.”
Regarding potential investor interest, Denz stated, “The Group regularly receives expressions of interest from potential investors. We consider each of them carefully, guided by one principle: that the long-term future of each business and its employees is safeguarded, and that its heritage endures. No decision has been taken.” He assured that, should any project develop, employees and their representatives would be informed first.
In closing, Denz affirmed that operations remain unchanged, stating, “In the meantime, nothing changes. Our teams continue their work, our customers and partners are served as before, and the Lalique name remains where it belongs: with the crystal works in Wingen-sur-Moder, where Lalique has been made since 1922.”
Lalique Group has indicated that it will not provide further comments at this time.
