Facilitating digitalisation and new retailing for a win-win future in the consumer goods industry
Mazars, the international audit, tax and advisory firm, makes its debut as an exhibitor at the first China International Consumer Products Expo (hereinafter referred to as the "CICPE"). The booth is located in the French pavilion (5T009) of the Fashion Life exhibition area. During the exhibition, on the theme of "Facilitating digitalisation and new retailing for a win-win future of the consumer goods industry", Mazars in China holds a series of theme lectures and forums covering hot topics such as high-end consumer goods, cross-border e-commerce, new retailing, and digitalisation to share its professional insights and services in the consumer goods industry for the global audience.
Hervé Hélias, CEO and Chairman of Mazars Group, says,“The consumer goods industry is a sector which Mazars has focused on and has rich practical experience in. The Chinese consumer goods industry is full of vitality and its rapid recovery after the epidemic has attracted global attention. This Expo is an international platform to share our professional insights and explore future opportunities of the industry with visitors, government departments and industry leaders. Combining our local knowledge and global perspective, we can bring efficient professional services to the Chinese market, be the right fit for potential clients and shape the future of the industry together."
Mazars Group's revenue continues to grow with outstanding performance in China
In the context of the global pandemic, Mazars has shown extraordinary resilience. In the FY2019/2020 (September 1, 2019 to August 31, 2020), the operating income reached 1.9 billion euros, representing a 7.8% increase (excluding forex impact of -0.3%) compared to the previous financial year. The increase in fee income comprises strong organic growth (5.9%), complemented by positive external growth (1.8%). In China, Mazars has 40+ branches and 5,000+ professionals, and achieved revenue of RMB 1.417 billion in the FY2019/2020, an increase of 17% over the previous year.
Despite the crisis, Mazars continued to invest and plan for its future. Over 1,100 partners voted to approve the firm’s new strategic plan, ‘One24’, which seeks to continue the group’s transformation and to secure Mazars’ position as an international audit, tax and advisory leader, by continuously improving talent and client experience and innovating services and ways to work. Over the coming four-year period the firm will continue to focus on its priorities: client-centricity, quality and risk management, international growth, operational integration, talent development, and contributing to building a fair and prosperous world.
Interpretation of new retailing from a professional perspective to help the development of Chinese consumer enterprises
At this CICPE, Mazars will bring six theme forums and speeches to be organised flexibly via remote connection and live broadcast. Hot topics cover high-end consumer products, cross-border e-commerce, new retailing, digitalisation, etc., to interpret the opportunities and challenges of the retail industry for online and offline audiences.
In the forums and dialogues "How can high-end consumer brands embrace new retailing and digitalization" and "Natural way - dialogue with the founder of ICICLE”, Dr. Julie Laulusa, Mazars Group Executive Board Member and Manging Partner of Mazars in China invites the executives of luxury brands - Philippe Pedone, Vice President of International Development and Executive Board Member of Galeries Lafayette, Nicolas Beckers, CEO of Remy Cointreau Greater China and Ye Shouzeng, Founder and Chairman of ICICLE, together with Yu Lei, Managing Director of Noblesse, our media partner to share the practice and experience of luxury brands in China's new retailing market, and discuss how the industry can seize new opportunities in China to achieve a greater development vision.
From left to right: Dr. Julie Laulusa, Mazars Group Executive Board Member and Manging Partner of Mazars in China; Nicolas Beckers, CEO of Remy Cointreau Greater China and Yu Lei, Managing Director of Noblesse
From left to right: Ye Shouzeng, Founder and Chairman of ICICLE; Dr. Julie Laulusa, Mazars Group Executive Board Member and Manging Partner of Mazars in China and Yu Lei, Managing Director of Noblesse
Dr. Julie Laulusa says, “As an internationally integrated company rooted in Europe and looking globally, Mazars has served many high-end consumer goods groups for many years. We look forward to sharing insights with industry experts in China via a series of topics closely related to the operation and development of the consumer goods industry and triggering forward-looking professional thinking. In the context of digitalisation and new retailing, China’s consumer goods market is extremely competitive. We also hope to display our professional value through the CICPE to help companies find solutions to their practical pain points, provide high-quality solutions and value-added services, and seek common development with them."
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