An avid rugby player and fan himself, Courtin-Clarins knows the value of good height.
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Takeover speculation gets better with age when it comes to cosmetics company Clarins .
Clarins blamed a strong euro, a slump in American demand and "significant" marketing and commercial costs.
The article does not name its sources, and so far Clarins has refused to corroborate the story.
In fact Courtin-Clarins has crossed paths with many interesting people in his life, including a now-notorious former professor: Dominique Strauss-Kahn.
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The 53-year-old French cosmetics firm has been the subject of takeover speculation ever since its founder, Jacques Courtin-Clarins, died in March.
Clarins's stock lost nearly a third of its value in January after several analysts downgraded earnings forecasts, and it has yet to recover.
On Wednesday, Clarins said that it would no longer run Thierry Mugler ads featuring Mr Pistorius "out of respect and compassion for the families involved".
Sanford Bernstein analyst Luca Solca told Forbes.com that a purchase of Clarins would be a sensible way for PPR to build up its beauty division.
The halt will remain until Clarins formally responds to the offer.
In June, French magazine Challenges reported that Clarins management had informed employee representatives of interest from PPR, its luxury goods rival LVMH and beauty specialist L'Oreal.
Ever since the death of founder Jacques Courtin-Clarins in March of last year, speculation that his company would be taken over by one of the industry giants has been rife.
Challenges magazine to be published tomorrow, Clarins management told employee representatives that PPR and LVMH had expressed interest in the firm, with L'Oreal also rumored to be angling for a bid.
In the buyout offer's prospectus, Clarins said currency rates and product development costs could cause year-end earnings before interest, taxes, depreciation and amortization to falls as much as 14.5% from last year.
Jacques Courtin-Clarins, who created the company 54 years ago and took it public in 1984, consistently maintained his determination to keep the company independent of the consolidation that has swept over the luxury-products market.
The report claimed that PPR planned to bring Clarins into its Yves Saint-Laurent beauty portfolio by the end of the month, an arrengement that could threaten the cosmetics company's 500-strong perfume factory in Strasbourg.
Until now, the company has remained strictly a family affair, but some industry observers believe Jacques' sons Christian and Olivier Courtin-Clarins--at the helm since 2000--might be more open to a sale than their father.
Until now, the company has remained strictly a family affair, but some industry observers believe Jacques' sons Christian and Olivier Courtin-Clarins--at the helm since 2000--might be more open to a sale than was their father.
His successor, Olivier Courtin-Clarins, has stuck to that position, but with robust global demand for high-end skin-care products, its not been enough to ward off the speculation that the family would sell, assuming the right price could be obtained.
Beauty was in the eye of several beholders on Wednesday, after a French magazine claimed that luxury goods companies PPR and LVMH Moet Hennessey Louis Vuitton had shown "signs of interest" in acquiring the prestigious cosmetics firm Clarins .
The family may be hoping that taking Clarins private would put an end to the speculation, but analysts are skeptical about whether that's a luxury it can afford, particularly when it would be better off spending the money on acquisitions.
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