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Bare Escentuals Plans To Move West Coast HQ To New York City

May 12, 2016: 12:00 AM EST
Beauty brand Bare Escentuals is relocating its headquarters from the West Coast to New York City. Bare Escentuals’ main reason for moving is to benefit from using resources being put in place by Shiseido Americas, a subsidiary of Shiseido Co. Ltd., which acquired the beauty brand in 2010 in a $1.7 billion deal. Shiseido Americas president and CEO Marc Rey said the relocation is aimed at growing the brand and is not a cost-cutting effort. Bare Escentuals’ BareMinerals is the number 2 makeup brand in the US, after MAC Cosmetics.
Pete Born , "Bare Escentuals Headquarters to Move to New York", Women’s Wear Daily, May 12, 2016, © Fairchild Fashion Media
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Latinas View Deodorants As Most Important Beauty Product, Survey Says

May 11, 2016: 12:00 AM EST
Latinas ranked deodorant as their most important beauty product, according to a survey conducted by Edelman Intelligence for beauty brand Dove. Results of the survey, conducted in March 2016 and covering 692 Hispanic women across the US aged 18 to 54, revealed 75 percent of Latinas agreed that a beauty product is any product that enhances a woman’s self-confidence. For Latinas, putting on deodorant before leaving the house is five times more important than putting on foundation or concealer, eight times more important than wearing lipstick or lip gloss, and 13 times more important than putting on perfume. When they have forgotten to put on deodorant, 88 percent of Latinas say they feel self-conscious; 71 percent distance themselves from others; and 57 percent have returned home to put deodorant on.
"Survey Says the Most Essential Product in a Latina's Beauty Regimen is not her Makeup", PR Newswire, May 11, 2016, © PR Newswire Association LLC
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L'Oreal Names New Managing Director For Malaysia Unit

May 11, 2016: 12:00 AM EST
L’Oreal Malaysia Sdn Bhd named Malek Bekdache as managing director effective May 1, 2016. According to the compay, Bekdache has more than 17 years of experience, having occupied several executive-level positions within L’Oreal. He joined L’Oreal in 1996, then was appointed to marketing positions in France. He was appointed general manager of the consumer product division in Dubai in January 2000.
"L’Oreal Malaysia appoints new managing director", The Star, May 11, 2016, © Star Media Group
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Deodorant Is Women's Most Important Beauty Product, Survey Says

May 11, 2016: 12:00 AM EST
For most women, deodorant is their most important beauty product, according to a survey of 1,574 women in the US aged 18 to 54, conducted by Edelman Intelligence for Unilever’s Dove beauty brand. Conducted in March 2016, the survey’s results revealed women view putting on deodorant before leaving the house as five times more important than washing their hair; eight times more important than putting on mascara; and 13 times more important than wearing lipstick or lip gloss. Also, women said when they have forgotten to put on deodorant, 87 percent feel self-conscious; 67 percent keep themselves away from others; and 49 percent returned home to put on deodorant. Data also showed 88 percent of women prefer a deodorant that also provides skincare benefits in addition to odor and wetness protection.
"Study Reveals Unsung Hero of Women's Beauty Routine", PR Newswire, May 11, 2016, © PR Newswire Association LLC
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Johnson & Johnson Battles Allegations It Failed To Act On Reported Talcum-Cancer Links

May 11, 2016: 12:00 AM EST
Johnson & Johnson is fighting legal claims and public perception that the company put more emphasis on revenue than on ethics following a court case awarding damages to a woman diagnosed with cancer after years of using its talcum powder. J&J asserts that there is no sufficient medical evidence linking ovarian cancer risk to talcum powder use. Despite scientific facts being cited by the company, however, its brand is likely to suffer significant damage. While it seems that the company ignored information or warnings from some scientific studies highlighting possible links between its product and ovarian cancer, there are no definitive argument for this, according to Wharton lecturer in health care management Robert Field.
"Talcum Trouble: Where Does J&J’s Responsibility Lie?", Knowledge@Wharton , May 11, 2016, © Wharton School of the University of Pennsylvania
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Beautycounter Joins Target To Launch Limited-Edition Line Of Skincare And Cosmetics Products

May 10, 2016: 12:00 AM EST
Beautycounter partnered with Target to launch a collection of skincare and cosmetics products that will be sold at the retailer’s 1,500 stores. To be available in September 12 to November 5, 2016, while supplies last, the collection is Target’s first limited-edition partnership with a beauty brand. According to the companies, the collection will include 17 products with prices ranging from $12 to $39, including 11 of Beautycounter’s bestselling products, five kits, and a new product called Nourishing Face Oil. Also, the partnership deal represents Beautycounter’s debut in the mass-market retail segment.
Rachel Brown, "Beautycounter and Target Collaborate on Limited-Edition Collection", Women’s Wear Daily, May 10, 2016, © Fairchild Fashion Media
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Unilever Is Growing By Doing Good And Being Pro-Environment, CEO Says

May 10, 2016: 12:00 AM EST
Unilever’s Sustainable Living Plan has enabled the company to grow its business while reducing its environmental footprint and expanding its overall social impact, according to company CEO Paul Polman. USLP has also helped the company grow by focusing on external issues, including food security, deforestation, and sanitation. Since assuming the CEO job in 2009, Polman said he has seen more companies adopting a more environment-friendly and responsible business model due to moral and business reasons. Polman said that in his eight years as CEO, the greatest thing he has done is helping strengthen the company’s corporate values and widening the talent pool that will help ensure future success. Working for the common good and the power of purpose, passion, and positive attitude are the greatest lessons he has learned during his tenure with Unilever.
Alexandre Mars, "Doing Well By Doing Good: An Interview with Paul Polman, CEO of Unilever", Huffington Post, May 10, 2016, © TheHuffingtonPost.com, Inc.
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Schwarzkopf Agrees To Sponsor 2016 Eurovision Song Contest

May 10, 2016: 12:00 AM EST
Henkel’s beauty brand Schwarzkopf said it has agreed to sponsor the Eurovision Song Contest for the sixth time in 2016. As part of the sponsorship deal, Schwarzkopf will take care of artists’ hairstyling. Also, the brand will play an important role during various backstage events during the competition week in Stockholm. With artists coming from different countries, the brand has to make sure to cater to different needs and styles of the performers.
"Schwarzkopf is the beauty partner of the Eurovision Song Contest", Henkel, May 10, 2016, © Henkel AG & Co. KGaA
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HUL Reports Strong Net Profit Gain In January-March Quarter 2016

May 9, 2016: 12:00 AM EST
Hindustan Unilever Ltd. reported net profit rose 7.02 percent to Rs 1,089.59 crore for the January-March quarter 2016, compared with the same period in 2015. Net sales increased 3.36 percent to Rs 7,809.40 crore, compared with the same quarter in the previous year. For its fiscal year 2015-2016, consolidated net profit dropped 6.43 percent to Rs 4,082.42 crore, compared with Rs 4,363.08 crore in the previous fiscal year. Consolidated net sales rose 4.11 percent to Rs 32,482.72 crore during the fiscal year.
"RESULTS FOR QUARTER AND FINANCIAL YEAR ENDING 31st MARCH 2016", Hindustan Unilever, May 09, 2016, © Hindustan Unilever Limited
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Second-Skin Technology Created By Harvard And MIT Scientists Opens Doors To Various Skincare And Treatment Possibilities

May 9, 2016: 12:00 AM EST
Harvard and MIT scientists have created a “second skin” technology, an invisible film composed of commonly used chemicals ruled as safe by the U.S. Food and Drug Administration. According to a study published in the “Nature Materials” journal, results of pilot studies with 170 subjects revealed the film, made of siloxanes, has not caused irritation or allergic reactions so far. Biotechnology company Living Proof funded the research, while privately owned company Olivo Laboratories, which owns the related patents, is developing the product. Possible applications for the technology include treatment of undereye bags, sunscreen protection, and treatment of skin diseases, such as eczema and psoriasis.
Gina Kolata, "‘Second Skin’ May Reduce Wrinkles, Eyebags, Scientists Say", The New York Times , May 09, 2016, © The New York Times Company
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Website Presents 15 Best Smelling Colognes for Men In 2016

May 9, 2016: 12:00 AM EST
Artisan from John Varvatos is the number 1 cologne for men, according to the list of the 15 best smelling colognes for men in 2016 from The TrendSpotter website. Also on the list are 1 Million from Paco Rabanne at number 2; Bleu de Chanel at number 3; Armani Code from Giorgio Armani on the fourth spot; and Polo Red Intense from Ralph Lauren at number 5. Other men's colones on the list are Essenza from Acqua de Parma at number 6; Sauvage from Dior at number 7; and at number 8, La Nuit de l'Homme by Yves Saint Laurent.
Monique La Terra, "15 Best Smelling and Irresistible Cologne for Men", The Trend Spotter, May 09, 2016, © TheTrendSpotter.net
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Daily Mirror Presents List Of Recommended Fragrances For Summer 2016

May 8, 2016: 12:00 AM EST
Several fragrances, including Estee Lauder Bronze Goddess Eau Fraiche, Body Shop Polynesian, and Capri Vince Camuto, are included in The Daily Mirror newspaper's list of recommended perfumes for summer 2016. Also included in the list are Thierry Mugler Angel Muse, Giorgio Beverly Hills Blue, and ZarkoPerfume Pink Molecule. Estee Lauder Bronze Goddess is available at House of Fraser and priced at ₤55, while Body Shop Polynesian Island Tiare is priced at ₤18.
Lynne Hyland, "Best new summer perfume trends to try this season - it's time to add a new scent to your collection", Mirror, May 08, 2016, © MGN Limited
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Revlon Reports Slight Sales Gain In First Quarter Of 2016

May 6, 2016: 12:00 AM EST
Revlon, Inc. reported net sales grew 0.3 percent in the first quarter ending March 31, 2016, compared with the same quarter in 2015. Total company adjusted EBITDA declined 5.3 percent to $67.5 million compared with the same period in the previous year. For the quarter, the company said its net income was $11 million, including the impact of $2.1 million of non-operatiinng and unusual items, net of taxes.
"Revlon Reports First Quarter 2016 Results", Revlon , May 06, 2016, © Revlon Consumer Products Corporation
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Shiseido Americas Opens Upgraded R&D Center In New Jersey

May 6, 2016: 12:00 AM EST
Shiseido Americas Corporation opened its improved research and development facility, called the Americas Innovation Center, in East Windsor, New Jersey. Significantly expanded to provide advanced R&D support for the Americas region, the facility will strengthen the company’s consumer research, information development, and product development in the region and worldwide. According to the company, the upgraded facility will cooperate with Shiseido’s new Center of Excellence for Makeup in New York City.
"Shiseido Enhances Global R&D Structure", Shiseido, May 06, 2016, © Shiseido Co.,Ltd.
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L'Oreal Reveals Strategy To Reach Carbon-Balanced Status By 2020

May 6, 2016: 12:00 AM EST
L’Oreal aims to become a carbon-balanced company by 2020 through its Sharing Beauty With All sustainability program, according to chief sustainability officer Alexandra Palt. First launched three years ago, SBWA has enabled the beauty brand to improve efficiencies, adopt green energy supply, and redesign product formulas. To achieve its expanded SBWA targets, the company needs to secure the support of all employees and convince them sustainability is at the core of the company mission. According to Palt, to ensure success, the program should have support and leadership from top management. L’Oreal CEO Jean-Paul Agon has been the leader of the company’s sustainability initiatives. Also, L’Oreal has linked the bonuses of brand managers and country managers to their performance versus environmental targets.
Madeleine Cuff, "An inside look at L'Oreal's sustainability makeover", Business Green, May 06, 2016, © Incisive Business Media (IP) Limited
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L'Oreal Unveils Evaluation Scheme For Brand And Country Managers As Part Of Sustainability Initiative

May 6, 2016: 12:00 AM EST
L'Oreal will evaluate the performance of brand and country managers based on the objectives defined in the company's Sharing Beauty With All sustainability program, according to chief sustainability officer Alexandra Palt. Brand managers will be assessed based on their achievements toward the three main SBWA product targets: increasing the percentage of products with improved environmental or social profile; driving the brand's efforts to combine sustainability with customer interactions; and the brand's contribution to the company's environmental or social purpose. Country managers will be evaluated depending on how well the company's growth has been shared with local employees and communities.
Madeleine Cuff, "L'Oreal reveals secrets of its executive carbon bonus scheme", Business Green, May 06, 2016, © Incisive Business Media (IP) Limited
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Lush Launches First Mobile App For IOS And Android

May 5, 2016: 12:00 AM EST
Beauty brand Lush launched its first mobile app for the iOS and Android platforms. Designed to enable consumers to get information about, compare, and purchase Lush products using their mobile devices, the app is expected to connect seamlessly the retail and digital experience for customers. Offering convenience for consumers, the app lets shoppers search for products based on scents and gain access to information about product ingredients. Also, the app features a Stories tab, which features a collection of editorial content, as well as information about Lush’s corporate social responsibility efforts.
Lulu Chang, "Your makeup store just went high-tech: Lush debuts its new app for iOS and Android", Yahoo! Tech, May 05, 2016, © Yahoo!
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Ball, Henkel Win Aerosol Honors At 2016 Euro CanTech Awards

May 5, 2016: 12:00 AM EST
Ball Corporation and Henkel won honors for best can in the aerosol category at the 2016 Euro CanTech Awards. Selected based on innovation, design, and excellence, Ball's winning can comes with Matte & Gloss printing to create an attention-getting design for Henkel Schwarzkopf's got2b aerosol hairspray. According to the companies, the extruded aluminum can has simplistic and elegant graphics.
"Euro CanTech presents aerosol award to Ball, Henkel Schwarzkopf got2b can", PR Newswire, May 05, 2016, © PR Newswire Association LLC
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Avon Products Reports Huge Revenue Drop In 1Q 2016

May 5, 2016: 12:00 AM EST
Avon Products, Inc. reported total revenue dropped 16 percent to $1.3 billion in the first quarter of 2016, compared with the same quarter of the previous year. In constant dollars, however, revenue grew 3 percent, excluding the impact of the sale of Liz Earle. Adjusted diluted earnings per share from continuing operations declined $0.10 per share from the previous year, and included a negative currency impact of $0.13 per share.
"Avon Reports First‐Quarter Results", Avon, May 05, 2016, © Avon Products, Inc.
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L'Oreal Paris Brings 2016 Cannes Film Festival To Audiences Everywhere Via Digital Platforms

May 4, 2016: 12:00 AM EST
L'Oreal Paris is expanding its digital presence at the 2016 Cannes Film Festival. Since 1997, the brand has been the official makeup provider of the film festival, and this year, it is sending all its social media channels and celebrity endorsers to the event. According to L'Oreal Paris president Cyril Chapuy, the company is working to provide its audience full access to the event and live coverage through social media and other digital platforms. Related content will be posted on social media platforms Snapchat, Facebook, and Twitter, the company said.
Jennifer Weil , "L’Oréal Paris Ups Digital Presence at the Cannes Film Festival", Women's Wear Daily, May 04, 2016, © Fairchild Fashion Media
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Unilever Plans To Launch Nexxus Haircare Service At Singapore Trade Event

May 4, 2016: 12:00 AM EST
Unilever International Travel Retail plans to launch its Nexxus New York Salon Care at the 2016 TFWA Asia Pacific Exhibition in Singapore. Aimed at the travel retail industry, Nexxus New York Salon Care is a next-generation restorative haircare, the company said. It is based on the idea that protein treatment can replenish the hair. Already popular in the US, the service has growing fan bases in the UK and Brazil.
Helen Pawson, "Unilever brand Nexxus aims to bring hair back to life in Singapore", The Moodie Davitt Report, May 04, 2016, © The Moodie Davitt Report
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L'Oreal Loses Bid To Secure Trademark For Idealia

May 4, 2016: 12:00 AM EST
L'Oreal failed to secure a trademark for the word “Idealia” after the EU General Court ruled against the beauty brand. In turn, the court ruled in favor of Portugal-based Theralab—Produtos Farmaceuticos e Nutraceuticos, which opposed the beauty brand's trademark application, citing its EUTM for the word mark “Idealina.” According to the European Union Intellectual Property Office's Opposition Division, the Portuguese company's opposition had merits. Handed down on April 28, 2016, the General Court's ruling sided with the Opposition Division.
"L’Oréal not worth it as EU court rejects trademark claim", World IP Review, May 04, 2016, © Newton Media Ltd
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Beiersdorf Posts Weaker Sales In 1Q Of 2016

May 4, 2016: 12:00 AM EST
Beiersdorf reported group sales increased organically 2.4 percent year on year in the first quarter of 2016. In nominal terms, however, sales declined 1.9 percent to €1.673 billion, due to negative exchange rate effects. According to the company, structural changes cut growth by 0.1 percentage point. Also, the Consumer Business Segment posted organic sales growth of 3.6 percent, boosted by a good performance in Europe. Sales in the Americas did not perform well as in the previous year. Nivea sales increased 4.3 percent year on year, while Eucerin sales grew 1.2 percent, and La Prairie saw sales rise by 6.9 percent.
"Beiersdorf on track in Consumer – tesa reports decline in sales", Beiersdorf, May 04, 2016, © Beiersdorf AG
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India Demands Johson & Johnson To Prove Safety Of Products

May 4, 2016: 12:00 AM EST
India's Drug Controller General GN Singh said the government is asking Johnson & Johnson to prove the safety of its products after the company had lost in two lawsuits in the US claiming links between its talcum powder and ovarian cancer. Singh also said his agency is studying the idea of revising safety standards for the talcum powder segment. J&J is facing more than 1,200 potential lawsuits alleging the company failed to warn consumers of the cancer risk.
Aesha Datta, "J&J faces pressure in India after losing talcum powder suits in US", The Hindu Business Line, May 04, 2016, © The Hindu Business Line
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Hain Celestial Says Net Sales Grew Significantly In 3Q Of FY 2016

May 4, 2016: 12:00 AM EST
Hain Celestial Group, Inc., reported net sales grew 13 percent to $750 million in the third quarter ending March 31, 2016. Net sales were affected by $13.9 million of foreign exchange rate movements compared with the previous year. At a constant currency basis, net sales growth was at 15 percent, the company said. In the US, net sales rose 2.7 percent on a constant currency basis. Earnings per diluted share increased 47 percent to $0.47. Operating income was $69 million, or 9.2 percent of net sales, while adjusted operating income was $80.4 million, or 10.7 percent of net sales.
"Hain Celestial Announces Third Quarter Fiscal Year 2016 Results", Hain Celestial, May 04, 2016, © The Hain Celestial Group, Inc.
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L'Oreal Paris Is Strongest Cosmetics Brand In 2015, Brand Finance Says

May 4, 2016: 12:00 AM EST
L'Oreal Paris is ranked as the strongest cosmetics brand by Brand Finance. Data from the Brand Finance Cosmetics 50 list revealed L'Oreal Paris saw its brand value rise 22 percent to $13.7 billion in 2015. Also, based on the brand valuation firm's Brand Strength Index, L'Oreal Paris scored 91.5 points out of 100 points based on indicators, including familiarity, consideration, and loyalty. Overall, L'Oreal Paris ranked third, behind only Disney and Lego. Brazilian brand Natura suffered from the effects of its country's economic slowdown, with its brand value falling 67 percent. Avon, which also has Brazil as its biggest market, saw its brand value fall 54 percent to $1.8 billion.
"L’Oréal Paris - Once, Twice, Three Times a Winner", Brand Finance, May 04, 2016, © The Brand Finance Group
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Estee Lauder Posts Strong Sales And Earnings Gains In 3Q Of FY 2016

May 3, 2016: 12:00 AM EST
Estee Lauder Companies reported net sales rose 3 percent to $2.66 billion in the third quarter ending March 31, 2016, compared with $2.58 billion in the same quarter of the previous year. Net earnings declined to $265.6 million, compared with $272.1 million in the previous year. Diluted net earnings per common share stayed at $0.71, the company said. For the quarter, the company recorded charges of $15.2 million in connection with its efforts to transform its global technology infrastructure.
"The Estée Lauder Companies Reports Solid Sales and Earnings Growth in Fiscal 2016 Third Quarter", Estée Lauder, May 03, 2016, © The Estée Lauder Companies
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Coty Revises Upward Cost Savings Estimates For P&G Beauty Brands Acquisition

May 3, 2016: 12:00 AM EST
Coty announced that estimated cost savings from its acquisition of Procter & Gamble's Fragrance, Color Cosmetics, and Hair Color business have been raised to $780 million per year, or 16 percent of acquired revenue, after the next four years. Also, Coty said the brands are expected to add about 660 bps to the company's operating profit margins during that period. Coty's fiscal 2015 adjusted earnings per share is expected to increase by about $0.49 to $0.54. Coty expects to spend about $1.2 billion to achieve cost savings and close the acquisition deal.
"Coty Inc. Announces Update on Transaction with P&G Beauty Brands", Coty , May 03, 2016, © COTY INC.
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Coty Prestige's Philosophy Brand Adds Two New Oxygenating Products To Take A Deep Breath Collection

May 3, 2016: 12:00 AM EST
Coty Prestige's Philosophy brand added two new products to its Take a Deep Breath collection of oxygenating products for the Asia Pacific travel retail business. According to the brand, the Take a Deep Breath oxygenating gel cream and eye gel cream come with “clean-air technology.” Philosophy added, the products make the skin smoother and less sensitive.
Clare Austin , "Philosophy breathes new life into oxygenating skincare range", The Moodie Davitt Report, May 03, 2016, © The Moodie Davitt Report
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Estee Lauder Thanks Millennial Consumers For Gains In Makeup Sales In March Quarter 2016

May 3, 2016: 12:00 AM EST
Estee Lauder said sales of its makeup products grew 7 percent to $1.16 billion in the quarter ending March 2016, compared with the same quarter in 2015. According to company CEO Fabrizio Freda, sales growth is driven by growing demand from millennials. Freda also said consumer access to tips on how to use various makeup products has increased due to how-to videos. For the quarter, Estee Lauder’s profits declined to $265.6 million from $272.1 million in the previous year, with sales of skincare products dropping 3 percent to $1.07 billion.
"Why Estée Lauder loves millennials", Financial Times, May 03, 2016, © THE FINANCIAL TIMES LTD
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Coty Sees Weaker Revenue Performance In 3Q Of FY 2016

May 3, 2016: 12:00 AM EST
Coty Inc. reported net revenue declined 1 percent like-for-like to $950.7 million and increased 2 percent as reported for the third quarter of fiscal year 2016. Adjusted operating income decreased 19 percent to $81.7 million from $100.9 million in the previous year. Adjusted net income declined from $63.6 million in the previous year to $31.5 million in the third quarter of 2016. Also, the company said net cash provided by operating activities rose to $71.8 million, compared with $33.2 million in the same period in the previous year.
"Coty Inc. Reports Third Quarter Fiscal 2016 Results", Coty, May 03, 2016, © Coty Inc.
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Lush Would Rather Sell Naked Products Than Use Non-Environment-Friendly Packaging, Buying Manager Says

May 2, 2016: 12:00 AM EST
Beauty brand Lush is selling solid products, such as shampoo bars, soap, and Bath Bombs, that do not need as much packaging as conventional personal care products. When a product needs packaging for protection, Lush uses packaging made from recycled materials. One of its recycling programs, Black Pot, has helped collect more than 300,000 black pots, which were later recycled into new black pots. Lush's ethical buying manager Heather Deeth said creating packaging-free products is a main part of the company's business philosophy, with the company's emphasis on focusing on product quality instead of packaging. Lush uses 100-percent recycled content material for plastic, paper, or cardboard packaging, Deeth said.
Jamie Matusow, "Online Exclusives: Lush Takes An Ecological Approach to Retailing", Beauty Packaging, May 02, 2016, © Rodman Media
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AmorePacific Reports Record Sales And Profit Gains In First Quarter Of 2016

May 2, 2016: 12:00 AM EST
AmorePacific reported net profit grew 33.1 percent to 325.3 billion won, or $284 million, compared with 244.5 billion won in the first quarter of 2016. Operating profit increased 30.7 percent to 419.1 billion won, with sales rising 21.8 percent to 1.76 trillion won, the company said. Domestic sales grew 16 percent to 1.86 trillion won, while sales overseas jumped 46 percent to 408 billion won.
Sohn Ji-young, "AmorePacific’s Q1 net profit jumps 33.1%", Korea Herald, May 02, 2016, © Herald Corporation
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Johnson & Johson Says To Appeal Jury Verdict On Cosmetic Talc Case

May 2, 2016: 12:00 AM EST
Johnson & Johnson said it will appeal a jury's ruling against the company in the cosmetic talc case before the Judicial Circuit Court for the City of St. Louis in Missouri. According to company spokesperson Carol Goodrich, the jury's decision disregarded 30 years of studies by medical experts showing the safety of using cosmetic talc.
"Johnson & Johnson to Appeal Jury Verdict in Cosmetic Talc Trial", Johnson & Johnson, May 02, 2016, © Johnson & Johnson Services, Inc.
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Henkel Appoints Hans Van Bylen As New CEO

May 1, 2016: 12:00 AM EST
Henkel named Hans Van Bylen its new chief executive officer, succeeding Kasper Rorsted, who has served on the company's Management Board for 11 years. Born in Berchem, Belgium, Hans Van Bylen joined the company in 1984. He rose through the ranks, occupying management positions of increasing responsibility. He has been a member of the Management Board since 2005. He will be succeeded by Pascal Houdayer as Management Board member for the company's Beauty Care business unit.
"Hans Van Bylen is Henkel’s new CEO", Henkel, May 01, 2016, © Henkel AG & Co. KGaA
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BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
Germany

Demand Grows For Ingestible Beauty Products In United States

April 30, 2016: 12:00 AM EST
Beauty and personal care products that come in a pill or drinkable-liquid form are becoming popular in the United States, with sales of supplements aimed at the face growing from $1 million in 2013 to more than $4 million in 2015, according to NPD Group. Sales of ingestible products are expected to keep growing, driven by endorsement by celebrities, including actresses Gwyneth Paltrow and Jennifer Aniston. There are questions about these products’ safety and effectiveness; however, the U.S. Federal Drug Administration does not have enough manpower to make sure they are safe and they work as their manufacturers claim. At present, there is a lack of science-based evidence supporting manufacturers’ claims; nevertheless, beauty companies are introducing their own lineups of ingestible beauty products. Retailers, including Urban Outfitters, Sephora, and CAP are selling these products.
Kelli Kennedy, "Beauty trend shakes up cosmetics market", Houston Chronicle, April 30, 2016, © Hearst Newspapers, LLC
Domains
BEAUTY BUSINESS
Categories
Market News
Trends
Cosmetics
Geographies
Worldwide
North America
United States of America

La Prairie Focuses On Consumer Demand For Beauty Products That Offer Multiple Benefits

April 30, 2016: 12:00 AM EST
La Prairie is addressing consumer demand for makeup and skincare products that offer multiple benefits and perform doubling with its Cellular Cleansing Water Eyes and Face and Foam Cleanser, according to VP of marketing Elizabeth Lamont. According to the executive, consumers are no longer satisfied with products that do not offer multiple benefits. For example, moisturizers need to do more than just moisturize the skin, because consumers know that moisturizers should also protect the skin from UV exposure. There is also a renewed interest in makeups that provide a slightly more matte finish, Lamont said.
Melissa Meisel, "What’s New at La Prairie?", Household and Personal Products Industry, April 30, 2016, © Rodman Media
Domains
BEAUTY BUSINESS
Brands
Categories
Consumers
Marketing
Trends
Cosmetics
Skin
Geographies
Worldwide
North America
United States of America

Procter & Gamble Ireland Sees Profits Drop In FY 2015

April 29, 2016: 12:00 AM EST
Procter & Gamble (Manufacturing) Ireland reported pre-tax profits declined to €11.68 million despite revenue rising 3.6 percent to €96.77 million in 2015. For both of the company’s manufacturing plants in Newbridge, Co Kildare, and Nenagh, Co Tipperary, the financial year ending June 30, 2015, has been challenging. According to company directors, initiatives have been taken at both factories to improve productivity and remain cost-competitive.
Gordon Deegan, "Procter & Gamble Irish arm sees dip in profit to €11.7m in year", Irish Examiner, April 29, 2016, © Irish Examiner Ltd
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
Ireland

Surgawi Investments Receives Patent For Fragrance Patch Technology

April 29, 2016: 12:00 AM EST
Surgawi Investments secured a U.S. patent for a fragrance and scent patch designed to provide consumers a non-liquid way of applying perfume. Published on December 29, 2015, the patent covers the use of a patch in putting on perfume that works even when the user is sweaty or had just come out of the shower. Equipped with structural and adhesive layers, the patch can be manufactured with structural and functional integrity.
"Patent Pick: Perfume Patch is the Path to Convenience", Perfumer & Flavorist, April 29, 2016, © Allured Business Media
Domains
BEAUTY BUSINESS
Categories
Innovation
Products & Pricing
Fragrances
Geographies
Worldwide
North America
United States of America

Sephora Opens Account On Wishbone Mobile Application

April 29, 2016: 12:00 AM EST
Beauty retailer Sephora created its corporate account on the mobile application Wishbone. After marking its debut on the mobile platform, the company is connecting with consumers by sharing photographs of beauty products and styles. Wishbone users can vote for their preferred products and styles. To help promote its Wishbone presence, Sephora announced to its Snapchat followers its presence on the emerging mobile social media platform.
Brielle Jaekel, "Sephora solidifies presence as trusted beauty source with Wishbone adoption", Mobile Marketer, April 29, 2016, © Napean LLC
Domains
BEAUTY BUSINESS
Brands
Marketing
Online
Retail
Geographies
Worldwide
North America
United States of America

Coty Names Walgreens Veteran Shannon Curtin SVP For North America Consumer Beauty Unit

April 29, 2016: 12:00 AM EST
Coty Inc. named Shannon Curtin as senior vice president for North America of the company’s consumer beauty business. Curtin’s appointment follows the completion of Coty’s acquisition of Procter & Gamble Specialty Beauty. Formerly group VP of beauty and personal care at retailer Walgreens, Curtin will serve as general manager of Coty’s US operations effective May 23, 2016. Curtin will report to Esi Eggleston Brace, the future president of Coty Consumer Beauty.
Faye Brookman , "Coty Lands Industry Retail Veteran Shannon Curtin", Women's Wear Daily, April 29, 2016, © Fairchild Fashion Media
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Kiehl's Launches Free Apothecary Preparation Skincare Service

April 29, 2016: 12:00 AM EST
Kiehl's launched the Apothecary Preparations complimentary skincare service at the company's OG East Village store. Designed to provide consumers with a personalized solution to their major skincare problems, the process begins with a brand representative interviewing the consumer. Once the skincare issues are identified, the consumer is provided with a skin strengthening concentrate rich in squalene and a skin lipid complex, and two targeted complexes based on the survey results.
Laura Gurfein , "Kiehl's Newest Skincare Service Goes Back to the Brand's Roots", Racked , April 29, 2016, © Vox Media, Inc.
Domains
BEAUTY BUSINESS
Brands
Categories
Marketing
Skin
Geographies
Worldwide
North America
United States of America

L'Oreal Study On Air Pollution Effects On Skin Receives Award From IFSCC

April 29, 2016: 12:00 AM EST
L'Oreal's study, “Evaluation of the impact of urban pollution on the quality of skin: a multicenter study in Mexico,” published in the International Journal of Cosmetic Science, was recognized as the Best Paper in 2015 by the International Federation of Cosmetic Science Society. Highlighting the impact of air pollution on the skin, the study involved 189 healthy volunteers in Mexico City and Cuernavaca. L'Oreal scientists used biochemical markers to study the pollution impact on the skin.
"L'Oréal Scientific Publication on pollution impact on the skin awarded by IFSCC", L'Oréal, April 29, 2016, © L’Oréal
Domains
BEAUTY BUSINESS
Categories
Research
Skin
Geographies
Worldwide
North America
Mexico

Procter & Gamble India Sees Sales Growth Stall As Company Focuses On Margins

April 28, 2016: 12:00 AM EST
Procter & Gamble India’s strategically important brands posted high single-digit sales growth in the January–March 2016 quarter, while sales for the rest of its local businesses, which make up about 15 percent of its brand lineup, dropped 30 percent. With the company’s push to improve margins hampering total sales, Procter & Gamble saw growth rates that were slower than the 15–20 percent recorded in the past decade, even for the core brands. In the past three years, the company invested more than Rs 2,000 crore to expand local manufacturing capability and reduce dependence on more expensive imports.
Neha Tyagi, "Procter & Gamble India’s focus on margins weighs on sales", Economic Times, April 28, 2016, © Bennett, Coleman & Co. Ltd.
Domains
BEAUTY BUSINESS
Market News
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
India

L'Oreal Supports Hello Tomorrow Innovation Competition

April 28, 2016: 12:00 AM EST
L’Oreal agreed to support Hello Tomorrow Challenge 2016, an international competition for world-changing scientific and technological innovations. As part of the partnership deal, L’Oreal will collaborate with Hello Tomorrow to evaluate the latest trends and define the Beauty & Wellbeing category scope in the competition. Working with the Hello Tomorrow group of investors, researchers, and entrepreneurs, L’Oreal will invite its best international experts to evaluate the projects.
"L’Oréal partners with Hello Tomorrow", L’Oréal, April 28, 2016, © L’Oréal
Domains
BEAUTY BUSINESS
Brands
Innovation
Marketing
Geographies
Worldwide
EMEA
Europe
France

L'Oreal UK & Ireland Names Rapp Provider Of CRM Solutions

April 28, 2016: 12:00 AM EST
L’Oreal UK & Ireland named Rapp as its provider of CRM solutions. Rapp’s appointment comes as the beauty brand reorganizes its efforts to improve customer experience for existing and potential customers. Part of Rapp’s responsibilities will be to deliver an omni-channel customer view for the company. Rapp’s CRM technology solution will combine online and offline data for L’Oreal UK & Ireland’s lineup of brands and support the company’s efforts to deliver personalization to customers.
Natalie Mortimer, "L'Oréal UK and Ireland appoint Rapp to deliver 'personalised experiences'", The Drum, April 28, 2016, © Carnyx Group Ltd
Domains
BEAUTY BUSINESS
Marketing
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
United Kingdom
Ireland

Millenials Drive Growth In Sustainable Packaging For Beauty Products

April 28, 2016: 12:00 AM EST
Millennial consumers and young executives are driving growth in the cosmetics industry's adoption of sustainable packaging. Although significant progress has been made in developing environment-friendly packaging for beauty products, many factors, including lack of recycling facilities, non-oil-based materials, costs, and demand, are slowing down adoption. With millennials becoming stronger in corporate management, they are expected to push for more adoption of sustainable packaging, prompting major suppliers in the beauty sector to work harder to develop environment-friendly packaging and practices. This trend has been gaining strength in the past several years, with the cosmetics industry adding more post-consumer recycled materials into packaging. Neenah Packaging’s director of marketing Mark Sng said, millennials account for an increase in customer requests for ecology-friendly packaging.
Jamie Matusow, "Simply ‘Green’ Packaging", Beauty Packaging, April 28, 2016, © Rodman Media
Domains
BEAUTY BUSINESS
Consumers
Market News
Trends
Geographies
Worldwide
North America
United States of America

Helen Of Troy Reports Net Sales Revenue Rose Slightly In 4Q Of FY 2016

April 28, 2016: 12:00 AM EST
Helen of Troy reported net sales revenue rose 2.1 percent to $385.7 million in the fourth quarter of fiscal year 2016, compared with the same quarter of the previous year. Gross profit margin decreased 1.7 percentage points to 42.0 percent, compared with 43.7 percent for the same period in the previous year. According to the company, the decrease in consolidated gross profit margin was mainly due to a non-cash impairment charge of $9.1 million recorded to reflect the company's inventory in Venezuela. Operating income declined from $49 million for the same period in the previous year to this year's $16 million, due to Venezuelan currency re-measurement charges of $18.7 million; impact of a $17.8 million patent litigation charge; negative impact of foreign currency fluctuations; and a non-cash impairment charge of $3 million related to a trademark in the beauty business.
"Helen of Troy Limited Reports Fourth Quarter Fiscal Year 2016 Results", Helen of Troy, April 28, 2016, © Helen of Troy Limited
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Kao Posts Record Net Profit Growth In March 2016 Quarter

April 27, 2016: 12:00 AM EST
Kao reported net profit jumped 73 percent to 20.8 billion yen, or $187 million, for the January–March quarter in 2016, driven by recovering sales of profitable cosmetics. Net sales grew 1.7 percent to 335.1 billion yen, compared with the same quarter in 2015. Net sales would have increased 4.3 percent, if not for the effect of currency translation, the company said. Net sales overseas accounted for 37.3 percent of total net sales, compared with 38.3 percent in the previous year. Consumer Products Business posted sales growth of 3.4 percent to 276.6 billion yen. In Japan, sales increased 4.2 percent to 203.8 billion yen.
"Kao Consolidated Financial Results for the Three Months Ended March 31, 2016", Kao, April 27, 2016, © Kao Corporation
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
Japan

Procter & Gamble Adds New Video To "Thank You, Mom" Campaign

April 27, 2016: 12:00 AM EST
Procter & Gamble released the video, “Strong,” the latest addition to the company’s “Thank You, Mom” Olympic Games-related campaign. Highlighting the courage that mothers show daily at critical times in their children’s lives, “Strong” joins a long list of critically acclaimed films from the company’s previous Olympic Games campaigns. Directed by Hollywood movie maker Jeff Nichols, the campaign focuses on the idea that behind every athlete is an amazing mom,” according to Marc Pritchard, P&G global brand officer.
"Strong Moms Inspire Latest P&G “Thank You, Mom” Campaign", Procter & Gamble, April 27, 2016, © Procter & Gamble
Domains
BEAUTY BUSINESS
Brands
Marketing
Geographies
Worldwide
North America
Latin America
United States of America
Brazil
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