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L'Oreal USA Starts Building Commercial Solar Array In Kentucky

L’Oreal USA started building a commercial solar array at its manufacturing plant in Florence, Kentucky. Expected to be completed by September 2017, the array will feature 4,140 solar panels. L’Oreal USA expects the solar array, which is being built by contractor Scenic Hill Solar, will give the company 1.42 megawatts of renewable solar power, locking in electricity costs for the next 30 years.

"P&G competitor begins construction of massive Greater Cincinnati solar project", Cincinnati Business Courier, April 20, 2017

Unilever Posts Strong Revenue Gains In First Quarter Of 2017

Unilever PLC reported revenue jumped 6.1 percent to €13.3 billion in the first quarter of 2017, compared with the same quarter in 2016. According to the company, underlying sales rose 2.9 percent, higher than analyst forecasts of 2 percent. Underlying sales in emerging markets increased 6.1 percent, with price up 5.3 percent and volume 0.8 percent higher. Unilever said it has increased its quarterly dividend by 12 percent to €0.3585 per share.

"Unilever Trading Statement First Quarter 2017", Unilever, April 20, 2017

Suave Professionals Launches Campaign Featuring "Fake" High-End Haircare Products

Unilever's Suave Professionals haircare brand launched the “evaus” marketing campaign. Featuring evaus, a fictional high-end brand of haircare products that were actually Suave products, the campaign aimed to prove that consumers do not need to pay a higher price for quality haircare products. As part of the campaign, Suave sent bottles of evaus products to millennial beauty influencers who tried and liked the products after using them for two weeks.

"Introducing “Evaus” Premium Hair Care ", MultiVu, April 19, 2017

Johnson & Johnson Posts Stronger Sales Numbers In 1Q 2017

Johnson & Johnson said sales increased 1.6 percent to $17.8 billion in the first quarter of 2017, compared with the same quarter in 2016. Operational sales results rose 2.0 percent, with negative impact of currency fluctuations at 0.4 percent, the company said. International sales increased 2.8 percent, with operational growth at 3.6 percent and negative currency impact of 0.8 percent. Global sales rose 1.2 percent, with domestic sales declining 0.7 percent and international sales rising 3.4 percent, the company said.

"Johnson & Johnson Reports 2017 First-Quarter Results", Johnson & Johnson, April 18, 2017

Coty Names Sabine Chalmers Member Of Board Of Directors

Coty Inc. said it has appointed Sabine Chalmers to the beauty and personal care products company’s board of directors. With 25 years of senior management experience in the international consumer goods business, Chalmers will also serve on the board’s Audit and Finance Committee.

"Coty Appoints Sabine Chalmers To Its Board Of Directors", Coty , April 18, 2017

Revlon Appoints Christopher Peterson COO For Operations

Revlon, Inc., said it has appointed Christopher Peterson as chief operating officer for operations. Effective immediately, Peterson’s appointment includes responsibilities for managing the beauty company’s global supply chain, finance, and IT operations. Prior to joining the company, Peterson served in various senior management positions at Ralph Lauren Corporation. He will be reporting to Revlon president and CEO Fabian Garcia.

"Revlon Names Chris Peterson as its Chief Operating Officer, Operations", Revlon, April 17, 2017

Procter & Gamble Says To Invest $100 Million In Singapore Digital Innovation Center

Procter & Gamble said it plans to invest $100 million over the coming five years in building its P&G Singapore E-Center, the company’s first digital innovation center outside the US. Highlighting P&G’s commitment to Singapore, the proposed facility will play an important role in the company’s digital innovation efforts covering supply chain management, e-analytics, and e-business. P&G plans to train 40 employees during the center’s first year of operations. Also, the center will help the company expand its partnerships with small and medium enterprises in the country.

"Procter & Gamble to invest US$100m in Singapore digital innovation centre, its first outside US", Straits Times, April 17, 2017

Market For Natural Fragrances Forecast To Keep Expanding, Euromonitor International Says

Euromonitor International said the market for essential oils in beauty and personal care products is forecast to expand at a CAGR of 5 percent in Asia-Pacific and 6 percent in the Middle East in 2015 to 2020. According to the market research firm, consumer demand for environment-friendly and healthy lifestyles is helping drive growth in the ingredients market. To meet the increasing demand, market leaders, including Firmenich, Givaudan, and Symrise, are expanding their lineups of natural ingredients.

"Natural Fragrances on the Rise", Beauty Packaging, April 13, 2017

 
Companies, Organizations  

Unilever Nigeria Posts Strong Sales, Profit Gains In 1Q 2017

Unilever Nigeria Plc reported sales jumped 32 percent to N22.2 billion in the first quarter of 2017, compared with N16.8 billion in the same quarter of 2016. Profit after tax reached N1.6 billion, with operating costs rising 31 percent to N19.4 billion.

"Unilever Nigeria Q1 results show continued strong growth", Guardian , April 19, 2017

Procter & Gamble Expands Browns Summit Warehouse Serving Bryan Road Factory

Procter & Gamble Co. is investing $8.89 million to expand a warehouse in Browns Summit used for storage of raw materials used in the manufacture of oral care and antiperspirants and deodorants at the Bryan Road factory. According to company spokesman Jeff LeRoy, the planned 22,000-square-foot addition is expected to be completed by December 2017.

"Procter & Gamble's Triad plant gets $8.89M warehouse expansion", bizjournals.com, April 19, 2017

Procter & Gamble Appoints Javier Polit As CIO

Procter & Gamble said it has appointed Javier Polit as its new chief information officer, succeeding Linda Clement-Holmes, who is retiring after 35 years with the company. Before joining P&G on April 17, 2017, Polit was global CIO for The Coca Cola Company's Bottling Investments Group, a position he held since 2007. Polit's projects at BIG included the deployment of a salesforce automation system and cashless payment systems.

"Procter & Gamble names Coke IT vet as new CIO", CIO , April 19, 2017

Earnings Release  

L'Oreal Posts Strong Revenue Growth In 1Q 2017

L’Oreal SA said revenue jumped 8 percent to €7.05 billion in the first quarter of 2017, boosted by strong sales in the Asian and North American markets. According to the French cosmetics and personal care products company, sales of luxury products also drove the revenue growth during the period. Like-for-like sales rose 4.2 percent, with net impact of changes on consolidation at 0.9 percent, the company added. Growth at constant currency exchange rates was at 5.1 percent, with currency changes positively impacting revenue at 2.4 percent.

"L'Oreal First quarter 2017 sales", L'Oréal, April 18, 2017

Market News  

Sephora Buys Turkey's Cosmetics Retailer Tekin Acar

Beauty company Sephora has acquired Turkey-based cosmetics retailer Tekin Acar. Subject to approval by the country's Competition Board, the sale came several months after Tekin Acar chief executive Tekin Acar revealed his company and the market were “facing difficulties.” According to the executive, a growing number of local retailers are having financial difficulties.

"France’s Sephora acquires Turkey’s Tekin Acar Cosmetics", Hurriyet Daily News, April 18, 2017

Marketing & Advertising  

Sephora Names TEC Events Manager For Middle East Market

Beauty retailer Sephora appointed TEC to manage its marketing and other events across the Middle East. TEC's first assignment was the Middle East Sales, Marketing and Operating Conference held in March 2017 at Le Meridien Al Aqah, Fujairah, UAE.

"Sephora appoints TEC", Conference & Incentive Travel, April 11, 2017

Coty Gets Rid Of Jennifer Lopez Fragrance Business; Sells License To Designer Parfums

Coty said it has agreed to sell the Jennifer Lopez fragrance business license to Designer Parfums. Part of the company’s efforts to divest 6–8 percent of total revenue, the sale highlights Coty’s focus on brands and categories it believes are “best suited” to its strengths and are likely to offer growth opportunities. For its part, Designer Parfums said it plans to expand the brand and focus on expanding presence in Europe, US, Asia, and Middle East markets.

"Coty Divests Jennifer Lopez Fragrance", Women’s Wear Daily, April 10, 2017

Products & Brands  

Eclair Naturals Launches Ad Campaign Highlighting Women's Confidence In Their Skin

Eclair Naturals said it has launched the NeverAny, an integrated advertising campaign created in partnership with MARC USA. According to the hair and body care brand, the campaign features images of women shot by leading international fashion photographer Ruven Afanador. Those images highlight women's confidence in their natural skin, as well as promote awareness about harmful ingredients included in personal care products.

"Éclair Naturals Has Nothing To Hide!", PR Newswire, April 17, 2017

Amorepacific Grabs 7th Spot On WWD's Beauty Top 100 List

Amorepacific Group said the South Korean beauty company was ranked number 7 on the Women's Wear Daily's Beauty Top 100 list of leading beauty brands. In 2016, the company was ranked 12th on the list. WWD ranks beauty companies based on previous fiscal year's sales. Amorepacific first broke into the list's top 20 in 2007.

"Amorepacific Group Ranks 7th on WWD’s Beauty Top 100", Amorepacific, April 17, 2017

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