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Procter & Gamble Names Ophir Guttman Head Of Israel Business

April 27, 2016: 12:00 AM EST
Procter & Gamble Israel appointed Ophir Guttman as general manager, marking the first time an Israeli has been named to the position. Active in Israel since 2001, Procter & Gamble has had only foreign managers before Guttman’s appointment. Guttman was marketing and commercial director at the company for four years and also served as marketing director for household care, brand operations, and trade marketing at Procter & Gamble South Africa.
"Ophir Guttman named P&G Israel head", Globes correspondent, April 27, 2016, © Globes Publisher Itonut (1983) Ltd
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BEAUTY BUSINESS
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Strategy
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Worldwide
EMEA
Middle East- Africa
Israel

US Beauty Market Expected To Grow Significantly, Boosted By Demand For Premium Products, Euromonitor Says

April 27, 2016: 12:00 AM EST
In the United States, the $80-billion beauty market is forecast to add $18 billion to its value by 2020, according to Euromonitor. Data from the market research firm revealed market growth is likely to be driven by increasing demand for premium products. Color cosmetics grew faster, but there is still room for further growth in the premium skincare segment.
"US Beauty Market Gets an Uplift from Luxury and Make Up", Euromonitor international, April 27, 2016, © Euromonitor
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Natura Cosmeticos Posts 2.9-Percent Net Revenue Growth In First Quarter 2016

April 27, 2016: 12:00 AM EST
Natura Cosmeticos reported consolidated net revenue grew 2.9 percent in the first quarter of 2016, compared with the same quarter in 2015. International operations posted net revenue growth of 42.4 percent, accounting for 33.6 percent of the company’s total net revenue, compared with 24.3 percent in the first quarter of 2015. In Brazil, gross and net revenue contracted by 5.4 percent and 9.8 percent, respectively, compared with the same quarter in 2015. For the quarter, the company posted a consolidated net loss of R$69 million. Consolidated EBITDA reached R$217 million, dropping 24.1 percent compared with the first quarter in 2015.
"Natura Cosméticos Earnings Releases 1Q16", Natura Cosméticos, April 27, 2016, © Natura Cosméticos S.A.
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BEAUTY BUSINESS
Market News
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Strategy
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Latin America
Brazil

Johnson & Johnson Consumer Acquires Skincare Technology Firm NeoStrata

April 26, 2016: 12:00 AM EST
Johnson & Johnson Consumer Inc. said it has agreed to acquire NeoStrata Company, Inc., one of the leading dermocosmetics companies in the world. As part of the deal, the acquisition will include NeoStrata’s affiliates and parent company, TriStrata, Incorporated, a privately held company. Noted for its innovation, including advances in research in Alpha hydroxy acids, which have anti-aging applications in the beauty market, NeoStrata makes and markets skincare products designed to meet the needs of every skin type.
"Johnson & Johnson Consumer Inc. to Acquire NeoStrata Company, Inc., a Leader in Dermocosmetics", PRNewswire, April 26, 2016, © PR Newswire Association LLC.
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L'Oreal Rolls Out Employee-Benefit Program Across 67 Countries

April 27, 2016: 12:00 AM EST
L’Oreal said it has expanded the coverage of its L’Oreal Share & Care employee-benefit program to include employees in 67 countries. Offering a universal set of social benefits covering health, welfare, parenthood, and quality of life at work, some of the measures include payment of at least 24 months of salary in the event of death or permanent incapacity, access to major treatments with a reimbursement of at least 75 percent of related costs, and a paternity leave of at least three days paid at 100 percent of the salary. L’Oreal’s subsidiaries have also put in place initiatives, making the company one of the leading employers in each of the countries in terms of social policy.
"The “L’Oréal Share & Care” social programme extended to employees across the Group’s 67 countries", L'Oréal, April 27, 2016, © L'Oréal
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Gac Is Next Skincare Market's Superfruit, Mintel Predicts

April 26, 2016: 12:00 AM EST
Gac, a fruit rich in the antioxidant lycopene and vitamin-A precursor beta-carotene, is a strong candidate to be the next popular natural ingredient in the beauty and personal care market, according to Mintel. Data from market research firms, including Technavio and Mintel, revealed a growing demand for products that include natural and organic ingredients from fruits and vegetables that help the skin look healthy. In Southern European markets, more than 80 percent of consumers believe that antioxidants from foods can reduce the effects of aging, and almost 25 percent prefer to buy body care products with antioxidants. Gac can satisfy consumer demand for antioxidants with anti-aging features, as well as Southern Europeans’ preference for antioxidants that can work inside and outside the body to maintain health.
David Tyrrell, "Beauty Spot: Is Gac The Next Skincare Superfruit?", Mintel, April 26, 2016, © Mintel Group Ltd.
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Procter & Gamble Posts Weaker Net Sales In 3Q Of FY 2016

April 26, 2016: 12:00 AM EST
Procter & Gamble Co. reported net sales dropped 7 percent to $15.8 billion in the third quarter of fiscal year 2016, compared with the same quarter in the previous year. Diluted net earnings per share increased 29 percent to $0.97, with core earnings per share at $0.86, a decline of 3 percent. Core operating profit margin increased 300 basis points, driven mainly by productivity savings in gross margin.
"P&G ANNOUNCES THIRD QUARTER FISCAL 2016 RESULTS", Procter & Gamble, April 26, 2016, © Procter & Gamble
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Korean Beauty Retailer Aritaum Launches In Canada, US

April 25, 2016: 12:00 AM EST
Beauty retail chain Aritaum is opening 70 stores across the US and Canada. Aritaum will sell only brands owned by parent company, South Korea-based beauty brand Amore Pacific. Also, the retailer plans to launch an e-commerce site for the US market by the end of 2016. Brands to be carried by the retailer include Iope skincare products, Hanyul line of skincare products made from traditional Korean ingredients, and Laneige facial care products.
Cheryl Wischhover, "A New 70-Store Korean Beauty Chain Is Here", Racked, April 25, 2016, © Vox Media, Inc.
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Revlon Enlists Model Nana Afua Antwi As Brand Ambassador

April 25, 2016: 12:00 AM EST
Beauty brand Revlon signed UK-based fashion model Nana Afua Antwi as its new brand ambassador. To be featured in the Revlon advertising campaign for 2016, the model will also headline the brand’s international campaign. Born in Ghana, she has blazed a path for other models of color following her, having appeared as the face for Swedish skincare brand FOREO.
Eki Ogunbor, "Stunning Ghanaian Model Nana Afua Antwi is the New Face for Revlon", Bella Naija, April 25, 2016, © Bella Naija
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Rituals Cosmetics Satisfies Customers' Need For Speed And Tranquility

April 25, 2016: 12:00 AM EST
Rituals Cosmetics has adopted cloud technology to further enhance its omnichannel approach to marketing and its ability to service clients. With its business based on consumers’ need for living on the fast lane and achieving peace at the same time, the company carry products inspired by Eastern rituals and traditions and are affordably priced. According to chief operating officer and co-owner Arjen Schouten, the 15-year-old company has to be “extremely flexible in how we service our client,” because today’s customers want everything. With year-on-year growth ranging from 35 percent to 40 percent and two new stores opened each week, the Amsterdam-based company owns 450 stores worldwide.
Lorelei Marfil, "Thinking Fast and Slow: Rituals Cosmetics Takes a Holistic Approach to Beauty", Women’s Wear Daily, April 25, 2016, © Fairchild Fashion Media
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Unilever Reaches 2 Million Followers On LinkedIn

April 25, 2016: 12:00 AM EST
Unilever said its corporate page on the professional social networking site LinkedIn has reached 2 million followers. According to the company, it is the first FMCG firm to achieve the milestone, which can help Unilever to recruit potential employees who share its sustainability goals. Unilever said more than 84,000 of its employees are active users of the professional social networking platform.
"Why our 2 million followers on LinkedIn are worth celebrating", Unilever, April 25, 2016, © Unilever
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BEAUTY BUSINESS
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Premium Beauty Outpaced Rest Of Market Worldwide, Euromonitor Report Shows

April 25, 2016: 12:00 AM EST
In 2015, the world beauty market’s premium segment grew 6 percent to almost reach $100 billion, according to Euromonitor International. Data from the market research firm’s Beauty and Personal Care 2016 report showed discretionary categories, color cosmetics, fragrances, and skin care, pushed the premium segment’s growth, outpacing the rest of the market. North America led growth in the segment, with premium color cosmetics and fragrances growing 12.9 percent and 4.5 percent, respectively in 2015, compared with 2014. Segment leader Estee Lauder’s sales grew 7.4 percent in the US, boosted by its MAC brand, and fast-growing Smashbox and Bobbi Brown. Global skincare’s growth slowed down in 2015, but demand stayed strong at 4.6 percent. After slowing down in previous years, premium skincare grew faster at 4.7 percent
Nicholas Micallef, "Beauty and Personal Care Latest Research Highlights: Discretionary and Premium in the Limelight", Euromonitor International, April 25, 2016, © Euromonitor
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World Beauty Market Reached $425 Billion Value In 2015, Euromonitor Says

April 24, 2016: 12:00 AM EST
In 2015, the beauty care industry reached $425 billion in value, according to market research firm Euromonitor. Data revealed the market was able to sustain a relatively stable growth although important markets China and Brazil saw a slowdown. Growth in the world market was driven by color cosmetics and premium products. Also, the market’s premium segment posted record growth, driven by the US market.
"Strong Appetite for Luxury and Make-Up Drive Beauty Dynamics", Euromonitor Research, April 24, 2016, © Euromonitor
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China
Brazil

Demand For Environment-Friendly Beauty Packaging Drives Growth For PET In Western Europe

April 24, 2016: 12:00 AM EST
PET bottle packaging is forecast to expand at a 3 percent CAGR, or 174 million units more, in Western Europe during the years 2015–2019. Driven by demand for premium and sustainable packaging, PET is expected to be the most popular packaging for the beauty care market. With Western Europe expected to see more growth in beauty and personal care packaging, beauty brands need to provide consumers with an enhanced buying experience while continue pushing for environment-friendly packaging.
Karine Dussimon, "Beauty Packaging in Western Europe: PET Meets Growing Demand for Greener Solutions", Euromonitor International, April 24, 2016, © Euromonitor
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Max Factor Collaborates With Blippar To Bring Interactive Buying Experience To Retail Stores

April 22, 2016: 12:00 AM EST
Max Factor partnered with visual browser Blippar to create an interactive buying experience for cosmetics shoppers. According to the beauty brand, each of its products is interactive, coming with curated content designed specifically for the particular product. Consumers can download the Blippar app into their smartphones, then scan the product or its barcode. Shoppers can then access unbiased ratings and reviews from eRetailers, which can help them in making purchasing decisions.
Fiona Briggs, "Max Factor launches interactive cosmetics in partnership with visual browser, Blippar", Retail Times, April 22, 2016, © RetailTimes.co.uk
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Procter & Gamble Sees Earth Day As Time To Reflect On Sustainability Achievements

April 22, 2016: 12:00 AM EST
Procter & Gamble said it sees Earth Day as an opportunity to reflect on the company’s achievements in terms of integrating sustainability into its business operations worldwide. According to the company, it has a long history of environmental stewardship, with P&G publishing its first environmental safety publication, which focused on surfactants in rivers, in 1956; developing the first method for evaluating chemical biodegradability in 1973; and creating a corporate sustainability department in the 1990s. Some of the company’s sustainability achievements include launching Tide purclean, the first bio-based laundry detergent with the cleaning power of Tide, in North America; making bottles from recycled content in Europe; and achieving advances in water purification and solar energy in China.
"Earth Day 2016: Everyday Changes That Make a World of Difference", Procter & Gamble, April 22, 2016, © Procter & Gamble
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Unilever Uses IT To Perform Better In Everything It Does

April 22, 2016: 12:00 AM EST
Unilever has applied information technology in everything the company does, including how it interacts with consumers, conducts research and development, product development, and marketing, according to chief information officer Jane Moran. As a CIO, Moran has driven the company’s focus on efforts to create and enable a flexible workforce, as well as provide employees equipped with the latest tools to stay connected and capable of collaborating with colleagues across the globe. In 2015, Unilever’s IT department also focused on improving core business services, achieving 99.8 percent uptime on core IT environment. By improving efficiency, the company was able reduce carbon dioxide emissions by 190,000 tons and cut related costs by €180 million annually.
"CIO 100: Unilever - Jane Moran, CIO", CIO, April 22, 2016, © IDG
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Netherlands

Dove Hair Wants Women To Feel Good About Their Hair

April 21, 2016: 12:00 AM EST
Unilever’s haircare brand Dove Hair said only 11 percent of women love everything about their hair enough not to change anything about it. Results of the study commissioned by the company revealed 86 percent of women in the United States believe media and society put a lot of pressure on women to have hair that looks a certain way. According to 81 percent of women, the hair featured in advertisements and in the media makes women feel about the hair they have. To address this issue, Dove Hair announced the #LoveYourHair campaign and video, which seeks to encourage women to feel good and proud of their hair.
"Dove Hair Calls for an Expanded View of ‘Beautiful Hair’", MultiVu/ PR Newswire, April 21, 2016, © MultiVu
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Estee Lauder Recognizes South Korea's Impact On World Beauty Market; Expands Presence In The Country

April 21, 2016: 12:00 AM EST
South Korea’s beauty brands are driving growth and innovation in the world cosmetics market, according to Estee Lauder Companies Korea general manager Christopher K. Wood. Speaking at the Conde Nast International Luxury Conference, Wood said Korean brands’ impact on the world market is highlighted by the growing popularity of BB creams and cushion compacts. Recognizing the importance of the country for Estee Lauder, the company opened in innovation hub in South Korea. In 2015, to expand its presence in the country, the company acquired a stake in local brand Have & Be Co. Ltd.
"Estée Lauder exec: Beauty industry is catching the Korean Wave", Luxury Daily, April 21, 2016, © Napean LLC
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Johnson & Johnson Is Top Beauty And Personal Care Company On CR Magazine's List Of Top 100 Best Corporate Citizens For 2016

April 21, 2016: 12:00 AM EST
Johnson & Johnson was ranked number 4 on the Corporate Responsibility magazine’s 100 Best Corporate Citizens 2016 list of the top companies in terms of corporate social responsibility. With a weighted average score of 43.05 points, the company is the highest-ranked beauty and personal care company on the list. Ranking third in the climate change category, the company earned the fourth-highest rating in the employee relations and number 9 in the human rights criteria. Technology giants Microsoft and Intel landed on the list’s first and second places, respectively.
"Corporate Responsibility’s The 100 Best Corporate Citizens 2016", Corporate Responsibility Magazine, April 21, 2016, © SharedXpertise Media, LLC
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BEAUTY BUSINESS
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United States of America

Estee Lauder Companies Announces Key Senior Executive Appointments

April 21, 2016: 12:00 AM EST
Estee Lauder Companies Inc. named Damon Burrell senior vice president of consumer engagement, effective April 11, 2016. Also, the company appointed Anna Klein as vice president for corporate affairs effective July 1, 2016. Burrell will report to EVP of corporate marketing, Georgia Garinois-Melenikiotou, while Klein will continue reporting to EVP of global communications, Alexandra C. Trower.
"The Estée Lauder Companies Announces Key Strategic Appointments to Further Expand Capabilities in Digital and Consumer Engagement, and Continue Strengthening Communications Globally", Estée Lauder, April 21, 2016, © The Estée Lauder Companies Inc.
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

L'Oreal Launches #LoveMyColor Campaign Aimed At Empowering African-American Women

April 21, 2016: 12:00 AM EST
L’Oreal’s Dark and Lovely haircare and styling brand launched #LoveMyColor, a campaign aimed at empowering African-American women and promoting the company’s Fade Resist Rich Conditioning Color product. Seeking to give women a platform to embrace their beauty, the campaign also highlights women’s colorful personalities, which make them who they are, the company said. Also, the campaign features real-life “Hair Dyeries,” which calls on consumers to share personal testimonies about things that make them feel powerful, unique, and confident.
"Dark and Lovely's #LoveMyColor Campaign Empowers Women to Celebrate Their Diversity and Individuality", PR Newswire, April 21, 2016, © PR Newswire Association LLC
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BEAUTY BUSINESS
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United States of America

L'Oreal Says It Has Reduced Environmental Footprint Of 74 Percent Of New Products In 2015

April 20, 2016: 12:00 AM EST
L’Oreal said 74 percent of its new or renovated products have an improved environmental or social profile in 2015, against the company’s 100 percent target. According to the company, the calculation corresponds to 85 percent of volumes of products manufactured and includes all product categories, but excludes range extensions. Also, the company said 22 percent of new or renovated products have become more environment-friendly, due to a new formula that lowers their impact on the environment. In addition, 14 percent have an improved social profile because they include raw materials from Solidarity Sourcing programs, while 43 percent have an improved environmental profile, due to a reduction in the environmental footprint of packaging.
"L’Oréal 2015 Progress report", L’Oréal, April 20, 2016, © L’Oréal
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BEAUTY BUSINESS
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EMEA
Europe
France

Several Trends Driving Growth In MENA Region's Beauty And Personal Care Market, Study Reveals

April 20, 2016: 12:00 AM EST
In the Middle East and North Africa region, 46 percent of Arabs believe that chemicals in cosmetics are toxic, according to “The Future 100: MENA Trends and Change to Watch in 2016” report by Innovation MENA Group. This belief is driving the trend among consumers to adopt natural beauty products, including those sold by global brands Naturisimo and Lush. Data from the study, which also highlighted trends in other market segments, such as technology, travel and hospitality, and retail, also revealed a growing trend among beauty brands involving the use of superfood ingredients to create products and recipes. Another trend in the beauty and personal care segment identified by the study involves the expansion of standard beauty treatments to include the use of biological elements, biological body fluids, and biological waste.
Mennah Ibrahim , "Future 100: MENA Trends and Change to Watch in 2016", JWT The Innovation Group, April 20, 2016, © The J. Walter Thompson Group
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BEAUTY BUSINESS
Consumers
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EMEA
Middle East- Africa

Shiseido Launches Consolidated Duty Free And Travel Retail Business In Singapore

April 20, 2016: 12:00 AM EST
Japanese beauty brand Shiseido plans to launch its Shiseido Travel Retail duty-free and travel-retail business in Singapore by May 1, 2016. Expected to generate ¥18.5 billion, or $169.6 million, in revenue in fiscal year 2016, the business combines skincare, make-up, and fragrances operations and will have 210 employees worldwide. It will also have a network of almost 1,000 beauty consultants. In 2015, STR reported sales of ¥17.2 billion, an increase of 7.6 percent from the previous year.
Kevin Rozario , "New Shiseido TR unit targets $170m in 2016", TRBUSINESS , April 20, 2016, © TRBUSINESS.COM
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India's Beauty Market Expected To Reach $17 Billion By 2020, Report Says

April 20, 2016: 12:00 AM EST
India’s beauty and personal care market, currently valued at $10 billion, is forecast to expand at a 10 percent compounded annual growth rate to $17 billion by 2020, according to the Indian Beauty and Hygiene Association, Bain and Co., and Google India. Data from the report released in February 2016 revealed growth is expected to be driven by manufacturers’ plan to launch budget brands. Also, the market is forecast to benefit from India’s economic growth, which reached 7.6 percent in the year ending March 31, 2016, as well as by the slowdown in China.
"Cosmetics sector to see pickup in sales as firms line up budget brands", Livemint, April 20, 2016, © HT Media Ltd.
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Kose Corporation Pushes Global Expansion With R&D And Innovation

April 20, 2016: 12:00 AM EST
Japanese cosmetics company Kose Corporation reported net sales grew 20 percent and operating profit rose 90 percent year on year for the third quarter in 2015. According to company president and CEO Kazutoshi Kobayashi, the company’s focus on research and development has enabled it to expand its global operations and gain recognition in the market. Expected to help the company grow as a global business, its Vision 2020 long-term strategic plan is aimed at expanding sales to 250 billion yen by 2020. Kobayashi said his company will continue its emphasis on R&D and will keep on diversifying and improving products in order to achieve its Vision 2020 targets.
Kazutoshi Kobayashi, "R&D and new products add an edge to Japanese cosmetics leader’s global push", The Worldfolio, April 20, 2016, © Worldfolio Ltd.
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Unilever Spends 24 Percent Of Ad Budget On Digital Media

April 20, 2016: 12:00 AM EST
Unilever spent 24 percent of its total advertising budget on digital media in the first quarter of 2016, compared with 20 percent in the same quarter in 2015. In digitally advanced markets, such as the United States and China, that number goes up to almost 50 percent. Unilever, the second-biggest spender on advertising in the world, after rival Procter & Gamble, spent $8.3 billion on advertising in 2014, according to AdAge.
"Unilever now spends quarter of ad budget on digital", Net Imperative, April 20, 2016, © Digital Strategy Consulting Ltd.
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BEAUTY BUSINESS
Advertising
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North America
EMEA
Asia-Pacific
United States of America
Europe
China
India
United Kingdom

Reverse-Wash Products Turn Haircare On Its Head

April 20, 2016: 12:00 AM EST
Personal care manufacturers are developing products for consumers looking for haircare products designed for reverse-wash routine. Driven by its growing popularity among bloggers and social media users, reverse-wash routine calls for using the conditioner first to soften the hair, then the hair is washed with shampoo to remove weight, leaving the hair “smooth, polished, and voluminous.” Also, according to experts in haircare science, reverse-wash is backed by scientific evidence. Haircare brand TRESemme partnered with model and TV host Chrissy Teigen to launch Beauty-Full Volume, a haircare system designed for reverse-wash.
Michelle Strutton , "Reverse-wash products emerge as the trend enters the mainstream", Mintel, April 20, 2016, © Mintel Group Ltd.
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Italy's Beauty Market Sees Stronger Revenue Growth In 2015

April 20, 2016: 12:00 AM EST
Revenues for Italy’s fragrance and cosmetics market grew 6.6 percent to €10.03 billion, or $11.13 billion, in 2015, compared with the previous year, according to Cosmetica Italia. Data from the cosmetics industry trade association revealed beauty revenues grew 2.2 percent to €6.22 billion in 2015. Growth was driven by the improvement in the country’s economy, an increase in number of visitors to the country, and growth in disposable income, due to lower oil prices. Exports grew 14.3 percent to €3.81 billion, or $4.23 billion, as local beauty companies expanded their focus on overseas market to boost growth.
Jennifer Weil et al, "Italy Bounces Back in Beauty", Women’s Wear Daily, April 20, 2016, © Fairchild Fashion Media
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Italy

L'Oreal Paris Joins YouTube To Launch Online Beauty Academy For Rising Stars

April 19, 2016: 12:00 AM EST
L’Oreal Paris partnered with YouTube to launch BeautyTUBE, an online beauty academy and business incubator for new talents in France. BeautyTUBE’s first edition, which will start in June 2016, will feature 10 people selected through the online video-sharing website based on their personalities and points of view on beauty. According to the company, the participations will be filmed for six months while being trained and mentored by L’Oreal Paris and YouTube executives on topics, such as video production, YouTube channel management, and development of beauty expertise.
Jennifer Weil , "L’Oréal Paris, YouTube to Launch BeautyTUBE in France", Women’s Wear Daily, April 19, 2016, © Fairchild Fashion Media
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L'Oreal VP For CSR And Sustainability Describes Efforts To Reach 2020 Sustainability Goals

April 19, 2016: 12:00 AM EST
Seeking to reduce by 60 percent its overall environmental footprint by 2020, L’Oreal wants to incorporate sustainability into its innovation model in order to make each beauty category more sustainable, according to Jonathan Maher, vice president of CSR and Sustainability. Maher said part of his job involves coordinating the company’s Sharing Beauty with All sustainability campaign in the United States. To measure the company’s sustainability achievements, L’Oreal developed a customized eco-design tool that helps product development teams in determining ways to improve new product’s environmental profile.
Simon Pitman, "L’Oréal puts words into action on sustainability", Cosmetics Design , April 19, 2016, © William Reed Business Media SAS
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L'Oreal Mexico Launches Campaign Focusing On Colorblind Men Who See Red For The First Time

April 19, 2016: 12:00 AM EST
L’Oreal launched in Mexico a marketing campaign, which features a digital video depicting colorblind men seeing their partners wearing red lipstick for the first time. Created by advertising agency McCann Mexico, the video campaign is based on the insight that one in 12 men cannot see the color red due to color blindness. Using a pair of special eyeglasses with Enchroma technology, the men were able to see red for the first time.
Tanya Dua, "L’Oréal lets colorblind men see red for the first time", Digiday, April 19, 2016, © Digiday
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BEAUTY BUSINESS
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Cosmetics
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North America
Mexico

Johnson & Johnson Reports Slight Sales Rise In First Quarter 2016

April 19, 2016: 12:00 AM EST
Johnson & Johnson reported sales increased 0.6 percent to $17.5 billion in the first quarter of 2016, compared with the same quarter in 2015. Operational sales rose 3.9 percent, with negative impact of currency at 3.3 percent. According to the company, domestic sales increased 7.2 percent, while international sales dropped 6.0 percent during the quarter. Net earnings for the quarter were $4.3 billion, with diluted earnings per share at $1.54, the company said.
"Johnson & Johnson Reports 2016 First-Quarter Results", Johnson & Johnson, April 19, 2016, © Johnson & Johnson Services, Inc.
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BEAUTY BUSINESS
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L'Oreal Says Sales Grew Slower In 1Q 2016; Blames Strong Euro

April 18, 2016: 12:00 AM EST
L’Oreal SA reported sales grew 1.7 percent to €6.55 billion in the first quarter of 2016, compared with the same period in the previous year. Sales growth slowed from 8.5 percent in the fourth quarter of 2015, with the strong euro offsetting increased revenues in emerging markets. Like-for-like sales grew 4.2 percent, with the next impact of changes in consolidation at 0.4 percent. According to the company, currency fluctuations had a negative impact of 2.8 percent, with sales growth at constant currency rates at 4.6 percent.
"L’Oreal First quarter 2016 sales: A SOLID FIRST QUARTER THAT FURTHER STRENGTHENS OUR CONFIDENCE", L’Oréal, April 18, 2016, © L’Oréal
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EMEA
Europe
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New Avon Names J. Scott White As CEO

April 18, 2016: 12:00 AM EST
New Avon LLC named J. Scott White as chief executive officer effective April 25, 2016. White’s appointment comes following New Avon’s separation from Avon Products, Inc., and sale of majority ownership to Cerberus Capital Management, L.P. In partnership with New Avon and Cerberus teams, White will lead the reorganization of the company’s North American business.
"New Avon LLC Appoints Scott White CEO", PRNewswire , April 18, 2016, © PR Newswire Association LLC.
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

L'Oreal Reveals A Number Of Senior Executive Changes

April 18, 2016: 12:00 AM EST
L’Oreal announced Marc Menesguen’s plan to retire as president of the company’s Consumer Products Division in 2017. Menesguen joined the company in 1985 as product manager, rising through the ranks and contributing to L’Oreal’s development for more than 30 years. Current EVP for Asia Pacific Zone, Alexis Perakis-Valat will succeed Menesguen, with EVP Western Europe Zone Jochen Zaumseil taking over Perakis-Valat’s position. In turn, Zaumseil will be succeeded by Vianney Derville, general manager of the company’s Consumer Products Division North America.
"Appointments to L’Oreal’s Executive Committee", L’Oréal, April 18, 2016, © L’Oréal
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Europe
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Dubai's High-End Nail Salon Chain Joins International Brands Coming To Post-Sanctions Iran

April 17, 2016: 12:00 AM EST
Dubai-based businesswoman Negin Fattahi-Dasmal is expanding her luxurious nail salon chain, N.Bar, in Iran in 2016. Following the Western powers’ lifting of international sanctions against the country, the entrepreneur thinks it is time for high-end international brands to enter the market. Many leading international beauty and personal care brands intend to do so, attracted by the country’s beauty and cosmetics market valued by the Iranian parliament’s research center at $4 billion a year.
Hadeel Al Sayegh et al, "Nail polish and mascara: beauty brands eye up Iran", Reuters, April 17, 2016, © Reuters
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Regulation
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Middle East- Africa
Iran
United Arab Emirates

Shiseido Names Jill Scalamandre As President Of NYC Global Makeup Center Of Excellence

April 15, 2016: 12:00 AM EST
Shiseido Americas Corporation announced the appointment of Jill Scalamandre as president of the company’s newly opened Global Makeup Center of Excellence in New York City. Part of Scalamandre’s responsibilities will be managing and supporting projects across the company to improve and expand its prestige color cosmetics business and capabilities. Under her leadership, the facility will cooperate with Shiseido’s lineup of makeup brands worldwide to test new product concepts, develop expertise, and make use of market and consumer insights to improve customer relations.
"Shiseido Announces Appointment of Jill Scalamandre as President of Global Makeup Center of Excellence", Business Wire, April 15, 2016, © Business Wire
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BEAUTY BUSINESS
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Operations
Strategy
Cosmetics
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Worldwide
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United States of America

Procter & Gamble Sells French Personal Care Products Factory To Mibelle Group

April 15, 2016: 12:00 AM EST
Procter & Gamble sold its Ondal Sarl manufacturing plant in Sarreguemines, France, to the Mibelle Group. According to Mibelle, it will retain all the P&G employees at the facility, which manufactures haircare products and face and body care products. Ondal Sarl manufactures many of the more than 40 beauty brands P&G sold to Coty Inc. in July 2015.
Jennifer Weil , "P&G Sells French Beauty Products Plant to Mibelle Group", Women's Wear Daily, April 15, 2016, © Fairchild Fashion Media
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BEAUTY BUSINESS
Operations
Strategy
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Worldwide
EMEA
Europe
France

Beauty And Personal Care Forecast To Be Next Big Thing For Online Market In Europe, Study Reveals

April 15, 2016: 12:00 AM EST
In Europe, online sales of beauty and personal care products are forecast to grow more than 8 percent year on year until 2019, according to A.T. Kearny. Results of a study conducted by the consulting firm revealed the category could be the next big online category in the continent. Women still dominate the segment, with 53 percent of women shopping online for beauty and personal care products, while only 34 percent of men do so. Data also revealed that women and men spend equal amounts of money online on these products. Amazon ranked as the favorite online store for 22 percent of shoppers in the UK and 25 percent in Germany.
"Beauty and personal care, the next big thing in Europe", Ecommerce News, April 15, 2016, © Ecommerce News
Domains
BEAUTY BUSINESS
Consumers
Market News
Online
Retail
Geographies
Worldwide
EMEA
Europe
United Kingdom
France
Germany

Benefit Cosmetics, Other Brands Start Using Facebook Live To Connect With Consumers

April 15, 2016: 12:00 AM EST
Benefit Cosmetics has been using Facebook Live video-streaming service to run “Tipsy Tricks with Benefit!,” a live stream where a guest and a host discuss a beauty topic and give out advice to viewers. Brands have been slow to adopt Facebook Live as a tool for marketing and keeping in touch with customers. Other brands using the service include Matches Fashion, iHeart Radio, and Dunkin’ Donuts.
Tanya Dua, "'It's about scale': How 5 brands are using Facebook Live", Digiday, April 15, 2016, © Digiday
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BEAUTY BUSINESS
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Marketing
Cosmetics
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Shiseido Opens NYC Makeup Center Of Excellence

April 15, 2016: 12:00 AM EST
Shiseido Co., Ltd.’s US-based subsidiary, Shiseido Americas Corporation, opened a Makeup Center of Excellence in New York City. According to the company, the facility will be used to promote innovation in color cosmetics. Company officials said the center of excellence will develop new color brands and play a leading role in “transformational projects” within the makeup segment.
"Shiseido Americas Corporation Opens Makeup Center Of Excellence In New York City", Area Development News Desk, April 15, 2016, © Halcyon Business Publications, Inc
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BEAUTY BUSINESS
Categories
Innovation
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Strategy
Cosmetics
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Worldwide
North America
United States of America

Unilever Posts Strong Sales Growth For 1Q 2016

April 14, 2016: 12:00 AM EST
Unilever reported sales grew 4.7 percent in the first quarter of 2016, with emerging markets sales expanding 8.3 percent, compared with the same quarter in the previous year. Sales in terms of volume rose 2.6 percent, and in terms of pricing, 2.0 percent. According to the company, turnover dropped 2.0 percent to €12.5 billion during the quarter, with a negative currency impact of 7.1 percent. Also, the company announced its quarterly dividend was raised 6 percent to €0.3201 per share.
"UNILEVER TRADING STATEMENT FIRST QUARTER 2016", Unilever, April 14, 2016, © Unilever
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BEAUTY BUSINESS
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Worldwide
EMEA
Europe
United Kingdom
Netherlands

Hain Celestial Partners With CBX To Rebrand Avalon Organics

April 14, 2016: 12:00 AM EST
Hain Celestial partnered with brand agency and retail design consulting firm CBX to rebrand Avalon Organics, one of the first brands to present a full lineup of certified-organic personal care products in the market. CBX relied on results of consumer conversations to help guide the rebranding process. CBX created new packaging, design, and nomenclature systems for Avalon’s five product lines, as well as a brand book.
"CBX Works With Hain Celestial on Avalon Organics® Brand Positioning", Marketwired , April 14, 2016, © Marketwired L.P.
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BEAUTY BUSINESS
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Hair
Skin
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Singaporean Men Spend More On Taking Care Of Their Skin

April 14, 2016: 12:00 AM EST
In Singapore, men are increasing their spending on skincare and treatments, according to market observers and manufacturers. Data from market research firm Euromonitor International revealed the value of the men’s skincare market has been rising since 2010. Also, the skincare segment, including all related products, such as cleansers, moisturizers, and exfoliators, reached $15 million in retail sales in 2015, compared with $11.5 million in 2010. Beauty brands are also seeing strong interest from men in skincare, especially those aged 20–35 years. Male celebrities, such as Lee Min Ho and Kim Soo Hyun, acting as brand ambassadors also help drive popularity of skincare products among male consumers.
Melissa Heng, "More men buying into skincare in Singapore", Straits Times, April 14, 2016, © Singapore Press Holdings Ltd.
Domains
BEAUTY BUSINESS
Categories
Consumers
Market News
Trends
Skin
Geographies
Worldwide
Asia-Pacific
Singapore

Sally Beauty Installs Profitect's Loss-Prevention System

April 13, 2016: 12:00 AM EST
Sally Beauty Supply implemented a prescriptive analytics system from Profitect in order to improve its loss-prevention practices. Upon implementation, however, the company realized the system is providing other benefits, such as enabling departments to look at point-of-sale data gathered by the system to analyze what customers are buying and how to upsell or cross-sell those customers. Another feature of the system that company executives like is that instead of generating huge volumes of reports, the system analyzes the data and informs store managers where losses occur and how to correct the problem.
Lauri Giesen, "A Beautiful Solution", National Retail Federation, April 13, 2016, © National Retail Federation, Inc.
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BEAUTY BUSINESS
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Strategy
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Worldwide
North America
United States of America

Estee Lauder Companies Announces Several Senior Executive Changes

April 14, 2016: 12:00 AM EST
Estee Lauder Companies Inc. announced several senior executive appointments, promotions, and other movements. Ivan Fernandez announced his plan to retire from his position as president of Europe, Middle East and Africa business effective August 31, 2016. Peter Jueptner will succeed Fernandez effective September 1, 2016. Stephane de la Faverie was appointed global brand president for Estee Lauder effective July 1, 2016.
"The Estée Lauder Companies Announces Leadership Appointments", Estée Lauder, April 14, 2016, © The Estée Lauder Companies Inc.
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BEAUTY BUSINESS
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Strategy
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Worldwide
North America
EMEA
United States of America
Europe
Middle East- Africa

SheaMoisture Says To Stock Beauty Products For Women Of Color In Beauty Aisles

April 13, 2016: 12:00 AM EST
Beauty brand SheaMoisture launched a video campaign announcing the company’s plan to stock its products in retail stores’ “beauty” aisles instead of the “ethnic” section. As part of the campaign, the company sent a tweet focusing on the need for society to change how it looks at beauty. According to the company, the campaign aims to stop the current practice of stocking beauty products for women of color apart from products designed for women of other ethnic groups.
Eva Recinos, "Beauty Product Campaign Challenges Segregation In The Cosmetics Aisle", PSFK, April 13, 2016, © PSFK
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BEAUTY BUSINESS
Brands
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Worldwide
North America
United States of America

Johnson & Johnson Appoints David Pothast As VP Of Customer Development

April 13, 2016: 12:00 AM EST
Johnson & Johnson appointed David Pothast as vice president of customer development in the United States. Pothast joined the company in October 2000 as director of skincare sales for Neutrogena and moved up to national sales director for cosmetics. In 2004, he was appointed VP of customer development running the Target business for Johnson & Johnson in Minneapolis.
Gina Acosta, "Johnson & Johnson names new VP of customer development", Drug Store News, April 13, 2016, © Drug Store News
Domains
BEAUTY BUSINESS
Marketing
Operations
Strategy
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Worldwide
North America
United States of America
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