Key Takeaways:
- Clicks Group has raised its stake in premium beauty retailer ARC Store to 61%.
- The deal strengthens Clicks Group’s exposure to South Africa’s growing premium beauty market.
- ARC plans to add 20 to 30 stores over the medium term.
Clicks to take control of Africa's biggest beauty retailer, ARC.
WHO: Founded in 2020, ARC is a specialist premium beauty retailer with a portfolio of international prestige brands across fragrance, skincare, makeup, haircare, and bath and body. ARC has 12 stores in major shopping malls across the country. Its Sandton City outlet is the largest beauty store in Africa. ARC plans to increase its store footprint to between 20 to 30 stores over the medium term.
Clicks is South Africa’s leading pharmacy, health, and beauty retailer with over 1,000 stores and 790 in-store pharmacies. Clicks serves customers in the middle- to upper-income markets and offers exceptional value for money in convenient, appealing formats. The Clicks ClubCard loyalty program is one of the largest in South Africa with 12.9 million active members.
WHY: ARC has been an affinity partner of Clicks ClubCard since 2021. In the past year, spend in Clicks by ARC customers increased by 16% to R836 million. Clicks stores also provide collection points for ARC’s click-and-collect offering, further integrating the two businesses and enhancing convenience for customers.
IN THEIR OWN WORDS: Bertina Engelbrecht, CEO of Clicks Group, said the acquisition of a controlling stake in ARC provides the group with increased exposure to the growing premium beauty market. “ARC has established a differentiated position in the premium beauty market and we see potential to grow the...
