Business · Companies · 6 hrs ago
Sisley delays start of its new factory in Vendôme by 18 months
Sisley has delayed production at its new factory in Vendôme, France, by 18 months.
The site was expected to begin operating in 2027 and will make face-care products and hair serums.
The factory, which cost €60 million before equipment, is the company’s second manufacturing site.
Sisley’s chief executive said slower growth in China, tougher international trade and France’s competitiveness gap contributed to the decision.
The company says it still aims to double production by 2030.
The delay means the new factory will not help meet that goal as soon as planned.
Sisley has delayed the start of production at its new Vendôme factory by 18 months.
The delay was announced in September, and the site had been expected to begin operating during 2027.
The factory is the French cosmetics group’s second manufacturing site and is intended to produce facial skin-care products and hair serums.
Sisley chief executive Philippe d’Ornano cited slower growth in China, tougher international trade and France’s competitiveness gap with the rest of Europe.
The group says it remains committed to doubling production by 2030.
- Who
- Sisley, the French high-end cosmetics group.
- What
- It delayed the start of production at its new factory by 18 months.
- When
- The delay was announced in September. The factory had been expected to start operating during 2027.
- Where
- Vendôme, in Loir-et-Cher, France.
- Why
- Sisley cited slower growth in China, tougher international trade and France’s competitiveness gap with the rest of Europe.
This story does not have two clearly opposing sides.
Sisley’s new factory in Vendôme was delivered.
Sisley announced an 18-month delay to the factory’s start of production.
- Delay
- 18 months
- Original planned start
- During 2027
- Factory site
- Vendôme, Loir-et-Cher
- Project cost
- 60 million euros, excluding equipment
- Production goal
- Double production by 2030
1 source
What people are saying
The context is extremely turbulent; we are experiencing a sharp slowdown in growth in China, which is a driving force and has a major impact on our company, particularly in the skin-care segment.
We remain determined that this new facility will help us double our production by 2030.