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L'Oreal Travel Retail Sees Strong Sales, Growth In 2016

L’Oreal Travel Retail enjoyed a strong year in terms of sales and revenue in 2016. According to the company’s annual report, L’Oreal’s travel retail business “strengthened its leadership in the distribution channel.” Makeup was the brand’s fastest-growing category in 2016, the company said.

"L’Oreal’s Travel Unit Annual Results", CosmeticsDesign-Europe.com, March 24, 2017

The Body Shop Commits To Comply With UK's Modern Slavery Act

Beauty retailer The Body Shop has issued a statement highlighting the company's commitment to comply with the UK Modern Slavery Act 2015. According to the company, it aims to prevent modern slavery across its businesses, as well as its supply chain. This also covers all organizations and companies that play a role in the production and manufacture of its products.

"The Body Shop Outlines Commitment to Modern Slavery Act", Edie.net, March 24, 2017

Shiseido Deploys Humanoid Robots At Kakegawa Factory's Assembly Lines

Shiseido Company, Limited, has started deploying industrial robots to the assembly lines of makeup products at its factory in Kakegawa, Japan. Currently on a pilot-program basis, the deployment of robots started in March 2017 and features teams involving a human worker and two humanoid robots each. According to the company, the humanoid robots will focus on procedures that are hard to automate with existing machines and industrial robots, while their human partner will take charge of inspecting minor defects and assuring quality.

"Shiseido Pilots the Deployment of Humanoid Robots on Its Assembly Lines, a Cosmetics Industry First", Shiseido Group, March 23, 2017

Procter & Gamble Receives Patent For Evaluating Anti-Aging Skin Benefit

Procter & Gamble has received a patent for a screening method designed to identify an agent that provides an anti-aging skin benefit. Involving culturing of first and second human skin samples for around 3-19 days, the process includes a contact between the first human skin sample with at least one agent. Also, the second human skin sample has contact with a positive control.

"P&G Patents Screening Methods for Assessing Anti-Aging Skin Benefit", Happi.com, March 23, 2017

L'Oreal Chooses Domo's Business Cloud For Its Digital And Online Presence

L’Oreal has chosen Domo’s Business Cloud for its digital marketing efforts for 32 brands and offices in more than 70 countries. Aimed at maximizing the effectiveness and reach of its digital properties and online campaigns, L’Oreal’s directive for Domo also covers its presence on social networks and online retailers. With the “digital cockpit” concept offered by Domo, L’Oreal executives can have access to automated reporting, stay on top of data feeds, and compare company performance with those of competitors.

"L'Oreal Selects Domo to Optimize Digital Performance Across 32 Brands in More than 70 Countries", Marketwired, March 23, 2017

Target Will Start Selling Honest Beauty Products

Target said it plans to start selling Honest Beauty personal care and beauty products at 800 of its stores across the U.S. and through its target.com online store. Manufactured by The Honest Company, Honest Beauty products are marketed as derived from safe and botanical ingredients and producing “effective results.” Honest Beauty products fit Target's “better for you” collection of safe and effective brands and will be available starting March 26, 2017.

"Target Adds Jessica Alba’s Honest Beauty to Its Expanding Assortment", Women’s Wear Daily, March 22, 2017

L'Oreal Paris Unveils Charities-Focused Customer Loyalty Program

L'Oreal Paris launched its Worth It Rewards customer loyalty program. Covering the company's four product categories, cosmetics, hair color, hair care, and skin care, the program offers rewards for customers for their purchases and provides them opportunities to do acts of philanthropy. Also, shoppers can donate rewards points to the charities preferred by the brand's Women of Worth awardees. Consumers can join the loyalty program by visiting the company's website.

"L'Oreal Paris Launches Its Largest Loyalty Rewards Program", PR Newswire, March 21, 2017

Avon SVP General Counsel Benjamin Retires

Avon Products, Inc., said Jeff Benjamin, Senior Vice President, General Counsel, and Chief Ethics & Compliance Officer, is retiring from the company. Benjamin joined Avon in 2012, following a 40-year career, 37 of which were spent at Novartis. He will remain with the company until his successor is named.

"Jeff Benjamin to retire as Avon's General Counsel", PR Newswire, March 20, 2017

 
Companies, Organizations  

Largest Personal Care And Cosmetics Companies Find Beauty In Small Brands

Small independent beauty brands are the top targets for acquisition by the market's largest companies, with 52 acquisition deals recorded in 2016. According to investment bank Financo LLC, the most popular targets are private brands with huge following on social media. Demand for acquisition targets has outpaced supply, according to TSG Consumer Partners LLC managing director Colin Welch. Unlike before, big cosmetics companies are going after brands with annual sales below $100 million, because social media and word-of-mouth advertising can drive sales.

"The Latest Acquisition Targets Are Indie Beauty Brands", Bloomberg Businessweek, March 24, 2017

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