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Revlon Says Net Sales Grew 6.8 Percent In 3Q 2015

November 4, 2015: 12:00 AM EST
Revlon reported net sales grew 6.8 percent to $471.5 million in the third quarter of 2015, compared with $472.3 million in the same quarter in 2014. Adjusted EBITDA grew 8.7 percent despite an incremental $4.7 million of brand support investment during the period. Total company EBITDA was $81 million, compared with $79.8 million in the same period of the previous year. Reported net income dropped to $6.2 million in the third quarter of 2015 from $14.6 million in the same quarter in 2014, due to higher tax expense and the unfavorable impact of certain discrete items.
"Revlon Reports Third Quarter 2015 Results", Revlon, November 04, 2015, © Revlon Consumer Products Corporation
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Dove Launches Collection Of Emojis For Girls With Curly Hair

November 4, 2015: 12:00 AM EST
Unilever’s Dove haircare brand introduced the “Love Your Curls” emoji keyboard which comes with emojis for women with curly hair. Featuring 27 curly hair designs representing different skin tones and hair colors, the emoji collection aims to address the lack of emojis that feature images of girls with curly hair. Results of a survey of 1,500 women and girls in the United States revealed almost 80 percent of respondents with curly hair said not enough existing emojis represent their hair type.
Dana Oliver, "Dove Launches Curly-Haired Emojis For 'Love Your Curls' Campaign #Curlsonfleek", The Huffington Post, November 04, 2015, © TheHuffingtonPost.com, Inc.
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Revlon Names New CMO For Australasia

November 3, 2015: 12:00 AM EST
Revlon appointed Kaitlin Rady as its new chief marketing officer, following the appointment of former CMO Tracey Raso as general manager of the company’s Australasia operations. Rady was Revlon’s marketing manager for the past three years. She played a leading role in driving growth in the company’s operations in Australia and New Zealand, a company spokesperson said.
Nadia Cameron , "Revlon marketing chief looks for growth", CMO, November 03, 2015, © IDG Communications
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Coty Unveils Post-Merger Organizational Structure And Management Team

November 3, 2015: 12:00 AM EST
Coty revealed its new organizational structure and future management team, which will be implemented upon completion of the company’s acquisition of Procter & Gamble’s fine fragrance, color cosmetics, salon professional, and hair color and styling businesses. Coty’s post-merger structure will include three divisions: Luxury Division, which will be focused on fragrances and skin care; Consumer Beauty Division, which will cover color cosmetics, retail hair coloring and styling products, and body care; and Professional Beauty Division, which will include servicing salon owners and professionals in both hair care and nail care. Also, Coty will launch the Growth and Digital department, which will focus on accelerating business growth.
"COTY Announces New Organizational Structure and Future Executive Team to Strengthen its Global Leadership Position in Beauty", COTY, November 03, 2015, © COTY INC.
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Sephora Prevents Australian Consumers From Accessing US Website

November 3, 2015: 12:00 AM EST
Sephora is facing backlash from customers in Australia after the beauty retailer blocked local consumers from accessing its US website. Days earlier, Sephora launched its Australian website. Local consumers expressed their displeasure by posting messages on the company’s Facebook page. A unit of luxury company LVMH, Sephora operates more than 2,000 stores worldwide, including two in Australia.
Lauren Grounsell , "Access denied! Cosmetic giant Sephora slammed for blocking Australian customers from viewing US website to compare prices ", Daily Mail , November 03, 2015, © Associated Newspapers Ltd
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Unilever Reorganizes Marketing Group In Australia; Announces Departure Of Top Marketing Executives

November 2, 2015: 12:00 AM EST
Unilever combined the marketing departments for the company’s personal care and food and home units in Australia. As part of the reorganization, the company’s joint top marketing executives, Andrea Martens and Hugo Verkuil, are leaving Unilever. One of the biggest advertisers in the country, Unilever has a media spending budget of about $57 million, according to Nielsen.
Rosie Baker, "Unilever restructures, combines marketing VP roles into a CMO", AdNews, November 02, 2015, © AdNews
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Procter & Gamble Earns Spot Number 3 On Beauty Packaging's Top 20 Companies List For 2015

November 2, 2015: 12:00 AM EST
Procter & Gamble was ranked number 3 on Beauty Packaging magazine’s 2015 Top 20 Companies list. With profit dropping 40 percent to $7 billion in fiscal year 2015, the company said sales decreased 5 percent to $76.3 billion. P&G blamed weakened foreign currencies, slower sales in China, and troubles in Venezuela for its poor revenue performance. Organic sales for the company’s beauty, hair, and personal care business declined slightly by 1 percent.
Jamie Matusow, "Procter & Gamble is Number 3 at Beauty Packaging Magazine’s Top 20 Companies List", Beauty Packaging, November 02, 2015, © Rodman Media
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LVMH Moet Hennessy Louis Vuitton Lands On Number 11 Spot Of Beauty Packaging's 2015 Top 20 Companies List

November 2, 2015: 12:00 AM EST
LVMH Moét Hennessy Louis Vuitton was ranked 11th on the Beauty Packaging magazine’s 2015 Top 20 Companies list. In 2014, the company reported total sales of $37.2 billion, with the beauty and perfume business accounting for $4.7 billion. With sales driven by strong performance by the Christian Dior, Benefit, and Guerlain brands, the company saw strong revenue gains in the United States and Asia, particularly in China. Fragrance accounted for 43 percent of the company’s perfumes and cosmetics sales, with makeup contributing 39 percent and skincare, another 18 percent.
Jamie Matusow, "LVMH Moét Hennessy Louis Vuitton is Number 11 at Beauty Packaging Magazine’s Top 20 Companies List", Beauty Packaging, November 02, 2015, © Rodman Media
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Mary Kay Takes 15th Spot On The Beauty Magazine's 2015 Top 20 Companies List

November 2, 2015: 12:00 AM EST
Mary Kay Inc. was ranked 15th on the Beauty Packaging magazine’s 2015 Top 20 Companies list. Avon’s rival reported its sales reached $4 billion in 2014, with some 3.5 million representatives worldwide making this possible. In 2013, Mary Kay also posted record-breaking sales of $3.5 billion. Also, in June 2015, the Direct Selling Association named Mary Ky SVP of public affairs into the organization’s Hall of Fame.
Jamie Matusow, "Mary Kay is Number 15 at Beauty Packaging Magazine’s Top 20 Companies List", Beauty Packaging, November 02, 2015, © Rodman Media
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Estee Lauder Reports Strong Sales Growth In 1Q Of FY 2016

November 2, 2015: 12:00 AM EST
Estee Lauder Companies Inc. reported net sales grew 8 percent to $2.83 billion in the first quarter ending September 30, 2015, compared with $2.63 billion in the same quarter of the previous year. Net earnings rose 36 percent to $309.3 million, compared with $228.1 million in the previous year. Diluted net earnings per common share increased 39 percent to $.82 from $.59 in the previous year. Net sales increased 15 percent and diluted net earnings per common share rose 58 percent, with the impact of foreign currency translation excluded.
"The Estee Lauder Companies Delivers Strong Sales and Earnings Growth in Fiscal 2016 First Quarter", Estee Lauder, November 02, 2015, © The Estée Lauder Companies Inc.
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Unilever Wins Number 2 Spot On Beauty Packaging's Top 20 Companies List

November 2, 2015: 12:00 AM EST
Unilever was ranked number 2 in the Beauty Packaging’s 2015 Top 20 Companies list. With total corporate sales of $58.8 billion and beauty sales of $21.5 billion in 2014, Unilever is expanding its prestige skincare business by acquiring Dermalogica, Murad, Kate Somerville, and Ren brands. Sales of personal care products grew 3.5 percent in 2014, compared with the 7.3 percent growth in 2013. Personal care accounted for 37 percent of the company’s total sales for the period.
Jamie Matusow, "Unilever is Number 2 at Beauty Packaging Magazine’s Top 20 Companies List", Beauty Packaging, November 02, 2015, © Rodman Media
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Sephora Launches Online Store In Australia

November 2, 2015: 12:00 AM EST
Beauty retailer Sephora launched its Sephora.com.au online store in Australia. According to Sephora Australia country manager Libby Amelia, the online store will offer a collection of brands and products designed for the Australian market. Like the brick-and-mortar Sephora store, the online store will provide free samples with every purchase, Amelia said. Part of the retailer’s original business plans for Australia, the e-commerce store will carry several online exclusive brands, such as Sleek Makeup, EMK, and Erno Laszlo.
Alison Izzo, "Australians Can Now Shop Sephora Online", Harpers Bazaar, November 02, 2015, © Bauer Media Pty Limited
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Chanel Secures 18th Spot On Beauty Packaging's 2015 Top 20 Companies List

November 2, 2015: 12:00 AM EST
Chanel grabbed the 18th position on the Beauty Packaging magazine’s 2015 Top 20 Companies list. Its prestige image and exclusivity has helped the company maintain its status as a most-wanted brand among consumers worldwide. In 2014, the company sold Bourjois, a non-prestige color cosmetics brand, to Coty through a stock-exchange deal. In the same year, the company appointed Italian makeup artist Lucia Pica as its global creative makeup and color designer.
Jamie Matusow, "Chanel is Number 18 at Beauty Packaging Magazine’s Top 20 Companies List", Beauty Packaging, November 02, 2015, © Rodman Media
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Revlon Occupies Bottom Rung On Beauty Packaging's Top 20 Companies List For 2015

November 2, 2015: 12:00 AM EST
Revlon was ranked number 20 on the Beauty Packaging magazine’s 2015 Top 20 Companies list. Seeing its best financial performance in many years, the company reported sales jumped by $460.9 million to $1.9 billion in 2014, compared with $1.4 billion in the previous year. With sales growth driven largely by its acquisition of Colomer in October 2013, Revlon saw its net sales in the United States rising 22.7 percent to $1.02 billion, which accounted for about 53 percent of the company’s 2014 net sales. Overseas sales accounted for about 47 percent, with Spain, Canada, and the UK together accounting for about 15 percent.
Jamie Matusow, "Revlon is Number 20 at Beauty Packaging Magazine’s Top 20 Companies List", Beauty Packaging, November 02, 2015, © Rodman Media
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Estee Lauder Introduces Loyalty Program For Faithful Customers

November 2, 2015: 12:00 AM EST
Cosmetics brand Estee Lauder launched a loyalty program for consumers who frequently buy the company’s products. Based on points earned by purchasing products, the tiered rewards program will provide loyal consumers access to free products, special events, and other exclusives, the company said. By offering 15 percent discount on an order for new members, Estee Lauder is hoping to expand its Estee E-List Loyalty Program. Other tiers of the program are the “Be Enthusiastic” level, which includes perks such as product reviews, online events, and in-store member events; and the “Be Envied” level, which includes all of the previously mentioned perks, as well as free two-day shipping with $75 purchases and a personal beauty advisor.
"Estée Lauder rewards loyal shoppers with perks, exclusives", Luxury Daily, November 02, 2015, © Napean LLC
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L Brands Comes In At Number 15 On Beauty Packaging's Top 20 Companies List For 2015

November 2, 2015: 12:00 AM EST
L Brands was ranked number 15 on the Beauty Packaging magazine’s 2015 Top 20 Companies list. In 2014, the company reported net sales grew 6 percent, or $681 million, to $11.5 billion. Net sales from the company’s Bath & Body Works business rose by $232 million to $3.35 billion, with comparable store sales rising 6 percent. Beauty sales at the company’s Victoria’s Secret division declined due to the elimination of the Victoria’s Secret makeup range.
Jamie Matusow, "L Brands is Number 15 at Beauty Packaging Magazine’s Top 20 Companies List", Beauty Packaging, November 02, 2015, © Rodman Media
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Shiseido Lands At Number 7 Spot On Beauty Packaging's Top 20 Companies List

November 2, 2015: 12:00 AM EST
Shiseido was ranked number 7 on Beauty Packaging magazine’s 2015 Top 20 Companies list. Reporting sales of $6.5 billion in its fiscal 2015, Shiseido saw its domestic sales dropping 3 percent to $2.8 billion from the previous year, and global sales expanding 6.4 percent to $3.6 billion. Sales of mid-priced and high-priced products in Japan were helped by revitalization of existing brands and introduction of new brands. Shiseido credited its ICHIGAN Project, which saw all employees participating to deliver brand value to customers, for the increase in number of beauty products.
Jamie Matusow, "Shiseido Co. is Number 7 at Beauty Packaging Magazine’s Top 20 Companies List", Beauty Packaging, November 02, 2015, © Rodman Media
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Coty Buys Hypermarcas' Beauty And Personal Care Business In Brazil

November 1, 2015: 12:00 AM EST
Coty said it has agreed to buy the personal care and beauty business of Brazil-based Hypermarcas S.A. Valued at about $1.0 billion in cash, the transaction will be financed using a combination of cash on hand and available debt facilities. Hypermarcas’ beauty business reported a net revenue of $253.5 million in 2014, driven by brands that hold leading market positions in the country. These brands include Monange personal care products, Risque nail polish, and Bozzano men’s grooming products. Also, the business includes modern manufacturing and distribution facilities in the country’s Goias state.
"COTY Announces Acquisition of Hypermarcas’ Beauty & Personal Care Business", COTY , November 01, 2015, © COTY INC.
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Luxury Personal Care Goods And Cosmetics Market Growth Slows Down, Report Shows

November 1, 2015: 12:00 AM EST
In 2014, the global market for personal luxury goods expanded 3.0 percent to €224 billion, a marked slowdown following a decade of double-digit growth, according to the report “Seeking Sustainable Growth: The Luxury and Cosmetics Financial Factbook 2015 Edition.” Profitability was adversely affected by the slowdown in sales, with the average margin of the industry’s listed companies dropping 1 percentage point compared with the previous year. Despite this, annual growth forecast for the market remains unchanged, between 4 percent and 6 percent through 2017. In the same period, the global cosmetics market grew 3.6 percent to €181 billion. Growth will be driven by middle-class consumers’ demand for high-quality and innovative products. In the year ahead, the industry faces three pressing issues: managing demand worldwide, defining an omni-channel strategy, and fine-tuning the retail model.
"Seeking sustainable growth: The luxury and cosmetics financial factbook 2015 ", EY, November 01, 2015, © EYGM Limited
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Shiseido Reorganizes China Business To Revive Sales

October 31, 2015: 12:00 AM EST
Shiseido is reorganizing its business operations in China, which is partly blamed for the cosmetics company’s declining sales overseas. While Shiseido’s operating profit in Japan jumped 43 percent to 18 billion yen for the six-month period ending September 2015, the company suffered a 6.1 billion yen operating loss abroad. Shiseido president Masahiko Uotani came to Shanghai in October 2015 to meet with 140 executives at 62 wholesalers in the country to deal with the sharp drop in sales which started in August 2015. Inventory purchase and liquidation drove down the company’s operating profit by 5 billion yen during the period.
"Shiseido embarks on business makeover in China", Nikkei, October 31, 2015, © Nikkei Inc.
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Shiseido Says Consolidated Net Sales Growth Strong In 1H Of FY 2015

October 30, 2015: 12:00 AM EST
Shiseido reported consolidated net sales grew 12.6 percent year on year to ¥411.9 billion in the first two quarters of the fiscal year ending December 31, 2015. Sales in the company’s home market, Japan, rose 12.2 percent to ¥193.7 billion, driven by proactive measures adopted by Shiseido to “capture growing inbound demand.” Global business sales rose 13 percent to ¥218.2 billion. Operating income grew 36.2 percent to ¥14.9 billion, driven by the increase in earnings due to growth in net sales and improved cost efficiencies. Also, ordinary income rose 31.6 percent to ¥15.2 billion.
"Shiseido Consolidated Settlement of Accounts for the First Two Quarters of the Fiscal Year Ending December 31, 2015", Shiseido, October 30, 2015, © Shiseido Co., Ltd.
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Sephora Announces Plan To Open Stores In Iran In 2016

October 30, 2015: 12:00 AM EST
French beauty retailer Sephora plans to open several stores in Iran starting in 2016. Owned by luxury market leader LVMH, Sephora operates about 2,000 cosmetics stores worldwide. Iran has a population of almost 80 million, making it the second biggest cosmetics market in the region after Saudi Arabia, with annual sales of more than €3.5 billion in 2014, according to Euromonitor. With the country signing a nuclear deal with the United States and other world powers, Iran’s beauty and personal care market is forecast to treble to more than €10 billion in the next five years, the market research firm said.
Astrid Wendlandt and Pascale Denis, "Exclusive: France's Sephora to open shops in Iran next year - sources", Reuters, October 30, 2015, © Thomson Reuters
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Burberry Plans To Launch Mr. Burberry Men's Fragrance Brand

October 27, 2015: 12:00 AM EST
UK luxury company Burberry plans to introduce its new men’s fragrance, Mr. Burberry, as part of the company’s efforts to build an in-house beauty brand. For the first half of 2015, Burberry saw its beauty revenue rise 4 percent, on top of the 26 percent increase in 2014, to more than £185 million, driven in growth in fragrances sales. Other steps taken by the company to grow its business include signing a deal with Shiseido to distribute its fragrance and makeup products in Japan and agreeing to sell its products through Sephora retail stores.
Julie Naughton et al, "Burberry Bets on Romance with New Men’s Fragrance", Women’s Wear Daily, October 27, 2015, © Fairchild Publishing, LLC, a subsidiary of Penske Business Media, LLC
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Procter & Gamble Reports Biggest Sales Drop For The Year, Sees Profits Jump

October 23, 2015: 12:00 AM EST
Procter & Gamble’s net income rose to $2.60 billion, or 91 cents per share, in the quarter ending September 30, 2015, compared with $1.99 billion, or 69 cents per share, in the same period of the previous year. For the quarter, P&G reported its worst sales decline in seven quarters, with turnover adversely affected by weak demand across product categories and by a strong dollar. All product categories suffered double-digit percentage declines, with beauty, baby care, and grooming products seeing the worst decline.
"Procter & Gamble just reported its worst sales drop in over a year", Fortune, October 23, 2015, © Time Inc.
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L'Oreal Expands Support For Made In India Initiative

October 16, 2015: 12:00 AM EST
L’Oreal said it has expanded its support for the Make In India campaign in the country. Operating in India for 20 years already, L’Oreal has built two factories in Pune and Baddi in Himachal Pradesh, according L’Oreal India managing director Jean-Christophe Letellier. As much as 90 percent of the company’s products for the local market are manufactured by Indian facilities, the executive said. Having allocated Rs 1,000 crore for the period 2011 to 2016, L’Oreal plans to expand its research and development capabilities, go-to-market, and distribution network in the country.
Hrithik Kiran Bagade, "L'Oreal sees beauty in 'Make in India'", Deccan Herald , October 16, 2015, © The Printers (Mysore) Private Ltd.
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Neuro-Cosmetics Expected To Be New Thing In Beauty Market, Industry Expert Says

October 15, 2015: 12:00 AM EST
Cosmetics with ingredients designed for neurological stimulation are expected to have an impact on the beauty care products industry, according to Institute of Personal Care Science director Belinda Carli. According to Carli, the neuro-cosmetics trend has emerged only in the past 12 to 18 months, with some of the major product launches occurring in the last six months. Some of the ingredients aimed at this new segment include raw material launches, such as HappyBelle, Bosexil, and Neurodermine. Carli said ingredients such as these can help give cosmetics products a leading edge.
Simon Pitman , "Will neuro-cosmetics be the next big trend?", Cosmetics Design, October 15, 2015, © William Reed Business Media SAS
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Karity Employs E-Commerce To Boost Direct-To-Consumer Selling

October 15, 2015: 12:00 AM EST
Karity is using online selling to grow its color cosmetics business. By adopting an online commerce platform, the startup seeks to use digital technology for its direct-to-consumer selling strategy. Like other startups in the beauty market, Karity aims to grow organically while keeping its advertising costs at a minimum and rely instead on word-of-mouth advertising. Also, Karity plans to launch a try-at-home program, which will allow customers to try its makeup and return the product if they do not want to keep it, for free.
Deanna Utroske, "Will state-of-the-art e-commerce shake up the beauty business?", CosmeticsDesign.com, October 15, 2015, © William Reed Business Media SAS
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Unilever Reports Strong Sales Growth In 3Q 2015

October 15, 2015: 12:00 AM EST
Unilever reported sales grew 9.4 percent to €13.4 billion, with a positive currency impact of 2.9 percent, in the third quarter of 2015. Underlying sales rose 5.7 percent, with volume expanding 4.1 percent and price up 1.5 percent. Also, the company saw underlying sales growth of 8.4 percent in emerging markets, with volume higher by 4.8 percent and price up 3.5 percent. For the first nine months of the year, sales grew 11.1 percent to €40.4 billion, with a positive currency impact of 7.6 percent.
"UNILEVER TRADING STATEMENT THIRD QUARTER 2015", Unilever, October 15, 2015, © Unilever
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Unilever's Online Revenue Growth Outpaces Global Market 2-to-1

October 15, 2015: 12:00 AM EST
Unilever’s online sales across its business grew 40 percent, twice the global market’s 20 percent. Benefitting from its early ecommerce investments, Unilever expects to see ecommerce sales accounting for about 6 percent of its retail sales in 2015. UK and Ireland are accounting for a significant portion of Unilever’s ecommerce growth, with France as the company’s third largest online market. Growth in its online business helped boost Unilever’s revenue by 5.7 percent in the third quarter, the company said.
Seb Joseph, "Unilever’s online sales are growing at twice the rate of the global ecommerce market", The Drum, October 15, 2015, © Carnyx Group Limited
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Unilever Grabs YouTube Haircare Limelight With How-To Channel

October 15, 2015: 12:00 AM EST
Unilever created a huge presence on YouTube’s haircare universe by launching its All Things Hair channel in 2013. By gathering haircare how-to videos on the online video-sharing site, the company has transformed itself into a trendsetter in the site’s haircare segment, in the process, generating more than 50 million views. Collaborating with Razorfish, Unilever partnered with video bloggers to create the channel, which in six weeks, became the number 1 haircare channel on YouTube.
Jack Neff, "How Unilever Tapped 'I Want That Hair' Moments By Aggregating Blogger Videos", Advertising Age, October 15, 2015, © Crain Communications
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Innovation Is Key To Unilever’s Bright 3rd Q Sales Picture

October 15, 2015: 12:00 AM EST
Unilever says its 3rd quarter sales boomlet is due to success in its innovative ice cream and personal care brands and in its e-commerce business. Sales in the period grew 9.4 percent to £9.9 billion (€13.4 billion), and underlying sales grew 5.7 percent. Sales in Europe grew by 2 percent. Food sales rose 1.6 percent while personal care and refreshment were up 6.2 percent and 8.5 percent respectively. The company said innovations like Ben & Jerry’s Cookie Core helped fuel double digit growth, along with the premium Magnum Pink and Black brand. In addition, e-commerce globally is growing at 20 percent a year and now accounts for seven percent of the overall business.
Leonie Roderick, "Unilever credits beauty and ice cream innovation for Q3 growth", Marketing Week, October 15, 2015, © Centaur Communications Ltd (a member of the Centaur Media plc group)
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Revlon Appoints TV Host Alejandra Espinoza As Brand Ambassador

October 15, 2015: 12:00 AM EST
Revlon Inc. named Univision Network personality and TV host Alejandra Espinoza as a global brand ambassador. Espinoza will represent the brand’s new Love Is One Eau de Toilette perfume to be launched in November 2015. She will also promote the brand’s color and hair products in campaigns slated to start also in November.
Molly Prior , "Alejandra Espinoza Named Revlon Ambassador", Women's Wear Daily, October 15, 2015, © Fairchild Fashion Media
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Scent Most Important Factor In Buying Hairstyling Products For ASEAN Consumers, Study Reveals

October 14, 2015: 12:00 AM EST
Scent is the most important factor considered when buying hair styling products, according to 61 percent of female consumers and 61 percent according to 60 percent of male consumers in six ASEAN countries, according to Dentsu SenseAsia. Results of the survey conducted by the advertising agency revealed that for 45 percent of women respondents and 44 percent of their male counterparts, TV ads were their main source of information about haircare products and brands. Also, 13 percent of women and 18 percent of men purchase hairstyling products more than once a week, while 21 percent of both women and men purchase shampoo and conditioner more than once a week.
"Scent, function or price? What SEA values most in personal care products", Campaign Asia, October 14, 2015, © Haymarket Media Ltd
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Procter & Gamble CEO David Taylor Needs To Keep 5 Things In Mind To Succeed

October 14, 2015: 12:00 AM EST
David Taylor, Procter & Gamble’s recently appointed CEO, needs to keep several things in mind in order to have a successful and long tenure as leader of the company. Taylor needs to learn from his company’s history, as well as making the best use of outgoing CEO and current executive chairman A.G. Lafley, while avoiding mixed signals and conflicting direction. Also, he must not believe that the lessons and experiences that helped bring him to being CEO are good enough; he must keep in mind the need to keep on learning and ensuring an effective information and communication system for him and the rest of the company. He also needs to start thinking as if he was hired from outside the company, while retaining the lessons he learned as an insider and career executive. He must also learn when and how to ask for, accept, and use advice.
Dan Ciampa , "5 things P&G's new CEO needs to get right", Fortune.com, October 14, 2015, © Time Inc
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Birchbox Launches Own Line Of Cosmetics

October 14, 2015: 12:00 AM EST
Beauty subscription service company Birchbox said it will start selling its own makeup line. After making a name for itself by selling samples of established beauty brands and in a move to defend itself from beauty companies’ launch of their own subscription services, Birchbox is launching the LOC, or Love of Color, line of cosmetics products, including sets of lipstick and eye shadow. Developed by the company’s in-house team, two collections will be released each year, Birchbox said.
Kim Bhasin, "Birchbox to Start Selling Its Own Beauty Products", Bloomberg, October 14, 2015, © Bloomberg L.P.
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Unilever Prepares Line Of Personal Care Gift Packs For 2015 Holiday Shopping Season

October 14, 2015: 12:00 AM EST
Unilever is revamping its lineup of personal care gift packs in time for the 2015 holiday shopping season. Included in the new collection of gift packs are a Tresemme 7 Day Smooth System pack, which contains shampoo, conditioner, treatment, and a paddle brush; Radox’s Fresh & Fruity collection of shower products and a lolly-inspired sponge; and a Dove Men+Care gift pack, which features a dual-sided shower tool, a body and face wash, and antiperspirant. Also, Lynx Black now includes a washbag gift set that features body spray, shower gel, and shampoo.
Lisa Riley, "Unilever revamps personal care gift packs for Christmas", The Grocer , October 14, 2015, © William Reed Business Media Ltd.
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HUL Reports Business Grew 5 Percent In September Quarter 2015

October 14, 2015: 12:00 AM EST
Hindustan Unilever Limited reported its Domestic Consumer business grew 5 percent, with 7 percent underlying volume growth, for the quarter ending September 30, 2015. Reduction in input costs resulted in cost of goods sold lower by 320 bps. Profit before interest and tax rose 7 percent and PBIT margin improved by 40 bps. Profit after tax before exceptional items rose 1 percent to Rs.970 crores, with net profit at Rs.962 crores.
"HUL RESULTS FOR SEPTEMBER QUARTER 2015", Unilever, October 14, 2015, © Unilever
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Nivea Launches Campaign Promoting Q10 Firming Body Lotion In Australia And New Zealand

October 14, 2015: 12:00 AM EST
Nivea launched #standfirm, a marketing campaign in Australia and New Zealand for its Q10 Firming Body Lotion. As part of the campaign, the brand released a video featuring lettering artist Georgia Hill and her mother Judy. Described as touching and matter of fact, the video highlights the issue of ageism and how it affects women.
"Nivea launches #standfirm campaign for its Q10 Firming Body Lotion: ageing shouldn’t mean invisibility", Lucire, October 14, 2015, © JY&A Media
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Henkel Researchers Develop Device For Studying Hair Damage

October 13, 2015: 12:00 AM EST
Henkel scientists partnered with the University of Manchester to create a method of studying different types of hair damage related to different chemical treatments, based on analysis of movement patterns of hair tresses. Lead author Erik Schulze zur Wiesche, presenting the group’s findings at the IFSCC conference in Zurich, said the age of the hair and the impact of chemical treatments can affect significantly how the hair moves. According to the scientists, their method uses a device that can automatically detect hair movements to analyze the swinging characteristics of hair strands.
Andrew McDougall, "Henkel scientists develop novel method to assess hair condition", Cosmetics Design , October 13, 2015, © William Reed Business Media
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Procter & Gamble Faces Wrath Of Dissatisfied Shareholders

October 13, 2015: 12:00 AM EST
Procter & Gamble faced some serious questions and issues raised by shareholders angered by the company’s lackluster revenue performance during its annual meeting in Cincinnati. Shareholders, such as Karen Mayer, complained about the 20 percent plunge in 2015 of the company’s stock following a high of almost $94 in 2014. Outgoing CEO A.G. Lafley defended the company’s performance, saying P&G is in the midst of its turnaround plan. Profits fell 40 percent to $7 billion for the fiscal year ending June 30, 2015, with sales dropping 5 percent to $76.3 billion. P&G’s bottom line was hurt by adverse foreign exchange impact, following devaluation of currencies by countries, including Russia and Venezuela.
Alexander Coolidge, "Shareholders chide P&G on results", Cincinnati.com, October 13, 2015, © Cincinnati.com
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Procter & Gamble CEO Takes Blame For Weak Revenue Performance

October 13, 2015: 12:00 AM EST
Procter & Gamble Co. CEO A.G. Lafley accepted responsibility for his company’s weak revenue performance. Speaking at the company’s annual meeting, Lafley promised shareholders better results in the future under the leadership of his successor. Lafley will step down as CEO, with David Taylor assuming the position on November 1, 2015. P&G shares were down 19 percent as of the annual meeting held in the company’s Cincinnati headquarters.
Serena Ng, "P&G CEO Takes Responsibility for Company’s Performance", Wall Street Journal, October 13, 2015, © Dow Jones & Company, Inc.
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LVMH Reports Weaker Sales; Sees Recovery In China Market

October 13, 2015: 12:00 AM EST
Luxury goods company LVMH reported group revenue fell 7 percent in the quarter ending September 30, 2015, compared with the 9 percent increase in the previous three-month period. In reported terms, revenue rose 16 percent in the third quarter, due to a slightly lower positive impact from a weaker euro. By region, the company saw sales decline 8 percent in Asia-Pacific, excluding Japan, which saw organic growth expand 24 percent during the period. In the previous quarter, Japan posted a 34 percent growth. Europe grew 12 percent, lower than the 14 percent recorded in the previous quarter, while the United States rose 12 percent. Shares in LVMH dropped 3.2 percent to close at €161.25 or $183.35 on the Paris Stock Exchange.
Joelle Diderich , "LVMH Sees Signs of Recovery in China", Women’s Wear Daily, October 13, 2015, © Fairchild Fashion Media
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Dove Launches Latest Campaign Promoting Self-Esteem For Young Women

October 13, 2015: 12:00 AM EST
Dove launched the #NoLikesNeeded campaign aimed at helping young women boost their self-esteem. Part of the brand’s Self-Esteem Project first launched in 2004, the campaign’s YouTube ads are expected to be widely viewed like the previous videos were. However, about 75 percent of views received by Dove’s YouTube channel, including those for the most popular video, “Real Beauty Sketches,” have been driven by paid advertising. Dove’s online advertising strategy proves there is no such thing as “viral” videos when it comes to brand-linked videos.
Elisabeth Rosen, "Dove Dollars Boost Self-Esteem Along With YouTube Views", L2 Think Tank, October 13, 2015, © L2 Think Tank
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Johnson & Johnson Says Sales Dropped In 3Q 2015

October 13, 2015: 12:00 AM EST
Johnson & Johnson reported sales decreased 7.4 percent to $17.1 billion for the third quarter of 2015, compared with the same quarter of 2014. Operational sales rose slightly by 0.8 percent, with the negative impact of currency at 8.2 percent. Sales in the United States declined 0.6 percent, while international sales dropped 13.7 percent. Net earnings for the third quarter reached $3.4 billion, while diluted net earnings per share reached $1.20.
"Johnson & Johnson Reports 2015 Third-Quarter Results", Johnson & Johnson, October 13, 2015, © Johnson & Johnson Services, Inc.
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L'Oreal Works To Promote Sustainability And Sustainable Consumption

October 13, 2015: 12:00 AM EST
L’Oreal aims to promote sustainable consumption and raise awareness about sustainability by expanding sustainable innovation and operations within its business, according to the company’s head of external affairs for the UK and Ireland, Katy Gandon. She said, the company’s sustainability initiatives serve to highlight the company’s scientific heritage, being founded by a scientist more than 100 years ago. L’Oreal launched the #changethenumbers campaign to highlight perceptions of women in science, which at the same time aims to challenge the public’s misconceptions about what or who makes a successful scientist.
Mindi Chahal, "L’Oreal’s Katy Gandon on how having ‘brand purpose’ boosts the bottom line", Marketing Week, October 13, 2015, © Centaur Communications Ltd (a member of the Centaur Media plc group)
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L'Oreal Launches Pro Fibre Line Of Haircare Products

October 12, 2015: 12:00 AM EST
L’Oreal Professionnel launched the Pro Fibre range of haircare products. Backed by 15 years of research and 15 patents from the company’s L’Oreal Advanced Research unit, the product line helps improve the quality of hair permanently, the company said. Featuring products aimed at the three stages of hair damage, the range include Rectify, which deals with light damage; Restore, which heals hair with medium-level damage; and Reconstruct, which tackles hair with severe damage. According to the company, the secret ingredient, APTYL 100, is the first technology in the market capable of locking molecules within the hair fiber.
Shannon Gaitz , "L’Oreal Professionnel Debut A New Era In Haircare", Styleicons.com.au, October 12, 2015, © Styleicons.com.au
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Avon Stock Falls After Canaccord Genuity's Bursting Of Takeover Bubble

October 12, 2015: 12:00 AM EST
Avon Products Inc. saw the price of shares of its stock fell as much as 6.8 percent following Canaccord Genuity’s assertion that the cosmetics company’s prospects as a takeover target are likely overestimated. Since rejecting Coty Inc.’s takeover bid in 2012, Avon has been seen as a likely target for acquisition by other cosmetics companies. Avon’s decline is fueled by consumers’ growing dislike for door-to-door cosmetics purchases, the company’s main business model, according to market observers.
Nick Turner, "Avon Shares Drop After Analyst Downplays Its Takeover Prospects", Bloomberg, October 12, 2015, © Bloomberg L.P.
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Henkel Earns Spot On STOXX Sustainability Index For Fifth Year

October 12, 2015: 12:00 AM EST
Henkel was included in the STOXX Global ESG Leaders indices for the fifth year, a recognition of the company’s commitment to sustainability. Scoring significantly higher than the average ESG score of index components, Henkel was cited by STOXX Limited for its performance in absolute terms, as well as relative to its global industry peers. Based on STOXX data, Henkel is included in the top 5 percent of the 1,800 companies analyzed by the market research firm.
"Henkel is among “best of the best” companies in global sustainability index", Henkel, October 12, 2015, © Henkel AG & Co. KGaA
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Majority Of Global Consumers Ready To Pay Extra For Environment-Friendly Products, Study Reveals

October 12, 2015: 12:00 AM EST
Among consumers worldwide, 66 percent said they would pay more for sustainable brands, according to the 2015 Nielsen Global Corporate Sustainability Report. Data revealed that sales of consumer goods from brands that have shown commitment to sustainability grew more than 4 percent worldwide, compared with less than 1 percent for brands that have not. Results of the survey which covered 30,000 consumers in 60 countries revealed 73 percent of millennials are willing to pay extra for sustainable products, compared with 50 percent in 2014. Also, 59 percent of respondents said a product’s health and wellness benefits are important factors when deciding which products to buy.
"Consumer-Goods' Brands That Demonstrate Commitment to Sustainability Outperform Those That Don’t", Nielsen, October 12, 2015, © The Nielsen Company
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Market Analysts Identify Factors Driving Skincare Market To Next Level

October 11, 2015: 12:00 AM EST
Several trends are driving growth in the beauty care and skincare markets, according to market analysts. In the United States, 54 percent of women say they prefer buying skincare products that are natural, according to the Green Beauty Barometer survey. With demand for environment-friendly sun care products showing steady growth, manufacturers are launching green products. For example, Antaria Limited launched the ZinClear XP CoCo ingredient, which can be used in sun care, skincare, and cosmetics applications. In Asia, sales of facial skincare products are forecast to reach almost $40 billion by end of 2019, with skin-lightening products accounting for more than a third of sales.
Lisa Doyle, "Next-level Natural Skin Care", GCI Magazine, October 11, 2015, © Allured Business Media
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