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Cosmetics tycoon Yves Rocher dies

December 28, 2009 Edition 1

PARIS: Yves Rocher, who founded the beauty products group named after him five decades ago, had died at the age of 79, the Paris hospital authority said on Saturday.

Brittany-born Rocher founded the company in 1959 and nurtured it into a firm with annual sales of over e2 billion (R21.7bn) and a presence in more than 80 countries.

"I confirm that he passed away this morning," said a spokesman for the authority, without giving a cause of death. A spokesperson for the Rocher group did not have any immediate comment.

Besides his company role, Rocher was also mayor of Gacilly in Brittany and holds the rare distinction of the Legion d'Honneur.

French President Nicolas Sarkozy's office expressed its condolences in a statement on Saturday. "The head of the state insists on paying homage to the civic commitment of this man, passionate about politics, having held many mandates in Brittany, the place he loved so much and where he developed part of the activities of his company," it said. - Reuters

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