P&G Suffers Significant Sales Drop In 3Q FY2015 April 23, 2015: 12:00 AM EST Procter & Gamble Company said core earnings per share reached $0.92 in the third quarter of fiscal year 2015. Minus the impact of currency fluctuations, however, core earnings per share increased 10 percent during the period, the company said. Net sales declined 8 percent to $18.1 billion, compared with the same quarter in the previous year. Foreign exchange fluctuations had a negative 8 percentage point impact, while minor brand divestitures had 1 percentage point effect on revenue performance. Organic sales rose 1 percent, according to the company. "P&G Third Quarter Core Eps $0.92, Constant-Currency Core Eps Up 10%; Organic Sales (Which Excludes 8% Foreign Exchange Impact) Up 1% Company Continues To Accelerate & Exceed Productivity Savings Goals", Procter & Gamble, April 23, 2015, © Procter & Gamble

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Procter & Gamble Plans To Cut Advertising Costs By Consolidating Agencies April 23, 2015: 12:00 AM EST Procter & Gamble Co. plans to consolidate its advertising agencies in one or two years, according to the company's global brand officer Marc Pritchard. Announced by CFO Jon Moeller during the company's earnings conference call, the plan would be implemented through negotiations with agency executives. Pritchard said he expects P&G to save up to $500 million per year in agency fees and production costs. In 2009, P&G spent about $1 billion on agency fees and contracted 2,500 marketing-services agencies. P&G's sales grew by around $10 billion, with its advertising budget also expanding by around $2 billion. Jack Neff, "How P&G's Marc Pritchard Plans to Consolidate Agencies", Advertising Age, April 23, 2015, © Crain Communications

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Procter & Gamble Says Organic Sales Grew An Anemic 1 Percent In 3Q FY2015 April 23, 2015: 12:00 AM EST Procter & Gamble reported organic sales grew 1 percent in the third quarter of fiscal year 2015. Organic volume in developed markets declined 2 percent, due to the impact of the April 1 increase in Japan’s consumption tax. All-in sales dropped 8 percent compared with the previous year, due to an eight-point adverse impact of foreign exchange and one-point reduction from the company’s minor brand divestitures. On a constant currency basis, core earnings per share rose 10 percent. During the earnings call, P&G executives also said foreign exchange’s adverse impact totaled $530 million after tax for the quarter and $1.2 billion after tax fiscal year-to-date. "Procter & Gamble's (PG) Q3 2015 Results - Earnings Call Transcript", Seeking Alpha, April 23, 2015, © Seeking Alpha

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Hispanic Consumers To Play Bigger Role In Beauty And Personal Care Markets, Report Says April 22, 2015: 12:00 AM EST The Hispanic market for beauty care products grew 7.4 percent in 2014, compared with 2013, according to market research firm Nielsen. Data from the company's “Beauty Care and Hispanics” report revealed Hispanic beauty buyers spend more than the general population in half of the top 20 product categories. Beauty marketers cannot ignore Hispanic consumers, according to Nielsen SVP and GM for multicultural growth and strategy, Monica Gil. Hispanics are forecast to grow from 17 percent of the total population in 2013 to 29 percent in 2060. By 2020, Hispanics will account for more than half of population growth in the country, and almost 85 percent by 2050. Antoinette Alexander, "Winning over the Hispanic beauty shopper", Drug Store News, April 22, 2015, © Drug Store News

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Indonesia To Join World's List Of Top 10 Skincare Markets By 2019, Analyst Says April 21, 2015: 12:00 AM EST Indonesia is expected to become one of the world's top 10 markets for skincare products by 2019, according to Cosmetics Design global head of beauty Irina Barbalova. With emerging markets failing to make double-digit growth for the first time in 2014, international beauty firms are forced to look at other markets, including the Middle East and Indonesia. Global sales of skincare products are forecast to be more than $130 billion by 2019, with the segment accounting for a third of total beauty sales worldwide. Michelle Yeomans, "Indonesia's beauty market among 'new growth hot spots'", Cosmetics Design , April 21, 2015, © William Reed Business Media SAS

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Beauty Marketers Earn Big From Product Sampling April 21, 2015: 12:00 AM EST Beauty marketers transformed product sampling into a profitable business and an effective means of selling products. According to market research firm Euromonitor International, product sampling was the fourth most important factor affecting consumer decision on buying beauty products across all four biggest beauty categories. Factors driving the increase in importance of product sampling include the rise of beauty subscription services, such as Birchbox and Glossybox; popularity of online shopping; and travel restrictions on beauty packaging sizes. Nicole Tyrimou, "Sampling in Beauty: How Sampling Became Profitable", Euromonitor International, April 21, 2015, © Euromonitor International

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COTY Names Leoni Sceti Its New CEO April 20, 2015: 12:00 AM EST COTY Inc. announced the appointment of Elio Leoni Sceti as the company's chief executive officer. Current interim CEO and chairman Bart Becht will remain the company's chairman. Leoni Sceti occupied various corporate and marketing positions at several consumer-oriented companies, such as EMI Music and Iglo Group, where he currently works as CEO. His term as COTY's CEO starts on July 1, 2015. "COTY Names Elio Leoni Sceti as Chief Executive Officer", COTY, April 20, 2015, © COTY INC.

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UK Prestige Beauty Market Shows Strong Growth In 2014 April 20, 2015: 12:00 AM EST The UK's prestige beauty market grew 5.2 percent to reach £2.3 billion in 2014, compared with 2013, according to NPD Group. Data from the market research firm revealed skincare expanded 1.7 percent year-on-year, remaining the largest segment worth £500 million. Anti-aging products accounted for £165 million, or a growth of 1.3 percent during the period. Sales of facial cleaners rose 13.9 percent to £58.6 million, while facial masks accounted for £6.5 million, a growth of 11.2 percent. "Prestige skincare growth buoyed by cleansers and masks", Professional Beauty, April 20, 2015, © Trades Exhibitions Ltd

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Lush Launches Mobile App That Lets Shoppers Browse Products With Their Mobile Devices April 20, 2015: 12:00 AM EST Lush launched the appLush mobile app, which lets shoppers search for products based on scent or mood. Developed for the iOS platform, the app is designed to mimic the “sense-tweaking nature of the retail offering” by allowing shoppers to check different scent and feel categories. Also, the app displays beside each product a complete list of ingredients used, as well as photographs and videos. John McCarthy , "Lush makes first foray into mobile with scent and mood shopping app", The Drum, April 20, 2015, © Carnyx Group Ltd

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L'Oreal Posts Strong Sales Growth In 1Q 2015 April 20, 2015: 12:00 AM EST L'Oreal SA reported like-for-like sales rose 4.0 percent in the first quarter of 2015. According to the cosmetics company, the net impact of changes in consolidation was 1.2 percent. Fluctuations in currencies had an impact of 8.9 percent. Also, the company reported growth at constant exchange rates was 5.2 percent during the period. Based on reported figures, group sales by March 31, 2015, increased 14.1 percent to €6.44 billion. "First quarter 2015 sales", L’Oreal, April 20, 2015, © L’Oreal

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Unilever Announces Strong Sales Growth In 1Q 2015 April 16, 2015: 12:00 AM EST Unilever said sales increased 12.3 percent to €12.8 billion, with a positive currency impact of 10.6 percent, in the first quarter of 2015. Underlying sales expanded 2.8 percent, with sales in emerging markets rising 5.4 percent. After the company released the results, which were better than expected, its shares jumped more than 4 percent to a record high. Also, the company reported underlying volume grew 0.9 percent, with pricing rising 1.9 percent. The company announced quarterly dividend at €0.302, an increase of 6 percent. "UNILEVER TRADING STATEMENT FIRST QUARTER 2015", Unilever, April 16, 2015, © Unilever

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Older Women Are Top Buyers Of Cosmetics In UK, Study Reveals April 15, 2015: 12:00 AM EST Women older than 45 years account for 58.14 percent of sales of cosmetics in the UK, according to a study by beauty retailer Escentual.com. Data revealed that women from the age of 50 to when they reach the age 70 spend up to ₤43,446, making them, for the first time, the largest age group in terms of spending on cosmetics. Spending on cosmetics by women ages 55 to 64 years increased 5 percent, making this age group the fastest growing. Also, older women tend to buy more expensive beauty products and brands, compared with women in their 20s, the beatuy retailer said. According to analysts, the increase in cosmetics spending by older women has been driven by cosmetics brands' hiring of older women celebrities as brand ambassadors, such as Dame Helen Mirren and actress Jane Fonda. "Over-50s women are now biggest buyers of beauty products: Rise fuelled by older brand ambassadors including Helen Mirren ", Daily Mail, April 15, 2015, © Associated Newspapers Ltd

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Local Brands Outshine Foreign Counterparts In E-commerce, Market Report Shows April 15, 2015: 12:00 AM EST Etude House is South Korea's number 1 personal care company in terms of performance in e-commerce and digital platform, according to L2's Digital IQ Index: Korea Beauty report. Data revealed local beauty and skincare brands dominated the country's e-commerce scene. Bobbi Brown is ranked number 2, helped by its e-commerce strategy emphasizing regionalization, with content on site and social platforms translated and localized for Korean customers. With the fastest-growing fan base on Kakao-Talk, Skin Food has grabbed the number 3 spot on the list. Tied at the fourth place are Laneige, which uses product personalization to drive customer loyalty and engagement, and The Face Shop, which has the largest fan base among the brands on the list. Homa Zaryouni, "The 10 Most Digitally Savvy Beauty Brands in Korea", L2 Think Tank, April 15, 2015, © L2 Think Tank

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Procter & Gamble's Beauty Exit Offers Growth Prospects For Buyers And Investors April 14, 2015: 12:00 AM EST Procter & Gamble's plan to sell beauty and personal care brands, such as Gucci, Hugo Boss, and Wella, offers growth opportunities for prospective buyers and investors, according to management consulting firm Kline & Company. Kline said P&G's haircare brands, such as Clairol, come with “strong consumer awareness and heritage.” Also, Wella is a leading brand in the professional haircare segment. "Procter & Gamble's Beauty Divestitures are a Treasure Trove of Opportunities, According to Kline", PRNewswire, April 14, 2015, © PR Newswire Association LLC

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Coty Launches Review Of Global Media Account; Demands 150-day Payment Terms From Agencies April 14, 2015: 12:00 AM EST Personal care company Coty launched a review of its global media account. Seeking to consolidate the account, Coty is also reportedly demanding that agencies agree to 150-day payment terms. Based on its 2014 10-K filing, Coty spent $1.07 billion on advertising and promotional activities. The company joined a growing list of big companies asking for extended payment terms from their agencies. Alexandra Bruell, "Coty Asking for 150-Day Payment Terms in Global Media Review", Advertising Age, April 14, 2015, © Crain Communications Inc

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Lancome, Sephora Join FaceCake's Mobile Search App April 14, 2015: 12:00 AM EST Cosmetics brands Lancome, Sephora Collection, and Make Up For Ever are among those featured in FaceCake Marketing Technologies' cosmetic color search mobile application ShadeScout. Highlighting search-related apps as a tool for reaching more consumers, the ShadeScout application allows users to search for their favorite color beauty products using augmented reality, Virtual Try-On features, and built-in purchase solutions. Also, users can upload their photos to virtually try on different shades of their favorite cosmetics products. Alex Samuely, "Lancome, Sephora get search treatment in FaceCake’s augmented reality app", Mobile Marketer, April 14, 2015, © Napean LLC

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L'Oreal Launches Virtual Beauty App In Hong Kong April 13, 2015: 12:00 AM EST L'Oreal launched its Makeup Genius beauty app for Android and iOS mobile devices in Hong Kong. Local consumers can use the mobile application to scan barcodes at L'Oreal point-of-sale locations. They can then use the app to test L'Oreal cosmetics and create their preferred looks using their mobile gadgets. Developed by digital agency Image metrics, the application was first launched in Paris and is now active in 15 countries in Europe, Asia, and the United States. "L’Oreal launches virtual makeup app in Hong Kong", Marketing-Interactive.com, April 13, 2015, © Marketing-Interactive.com

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Beauty Brands Adopt Guided Selling Tools To Connect With Customers Online April 13, 2015: 12:00 AM EST Beauty brands are adding guided selling tools to their e-commerce sites to encourage cosmetics shoppers to buy online. They need to do so because almost seven in 10 Internet users in the United States preferred to buy health and beauty products in-store, compared with 27 percent who chose to buy online, according to PricewaterhouseCoopers. Data from L2 Think Tank revealed 60 percent of respondents said they used guided selling tools' rating and reviews features. Diagnostic tools were used by more than one-third of respondents, while 17 percent used virtual makeovers, and 8 percent said they used standalone filters. "Beauty Brands Freshen Up Sites with Guided Selling Tools", eMarketer, April 13, 2015, © eMarketer Inc.

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FOREO Announces MODA Make-up 3D-Printing System April 10, 2015: 12:00 AM EST Swedish beauty and personal care brand FOREO introduced MODA, the world's first digital makeup system. Integrating 3D printing and facial-scanning technology in a mobile app, MODA lets users personalize their make-up look and recreate it in 30 seconds by sticking their face into the 3D printer. Similar to Grace Choi's Mink, a make-up producing 3D printer, MODA does more by 3D-printing the makeup and applying it directly on the user's face. According to FOREO VP of communications Justin Wang, the idea for MODA was developed to help busy people look and feel their best. It is aimed at consumers who want the “latest looks and trends at the touch of a button,” Wang added. Brittany Waterson, "Face the Future: 5 Questions on the MODA 3D Makeup Printer", brandchannel.com, April 10, 2015, © brandchannel.com

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Kose Enters India Market; Launches Spawake Skincare Brand April 10, 2015: 12:00 AM EST Japanese cosmetics company Kose launched its Spawake brand of skincare products in India. Marking the company's first foray into the Indian market, the move include plans to invest as much as Rs 40 crore. Most of the money will be used for “promotional and marketing activities,” according to Kose Corporation India director and CEO Takashi Nomura. PTI , "Japan's Kose enters India with new brand Spawake", Economic Times, April 10, 2015, © Times Internet Limited

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The Body Shop Hires Search Agency To Manage Search Marketing Efforts April 7, 2015: 12:00 AM EST Beauty retailer The Body Shop appointed search agency iCrossing to manage the reorganization of its search marketing strategy. Focused first on the restructuring the retailer's paid search operations, the reorganization will put emphasis on “smaller but more targeted campaigns.” In addition to sharpening the focus of its search campaigns, The Body Shop also wants to offer content that are more relevant for customers. Also, the company expects improved targeting will improve its Google quality score, lower costs, and improve return on investment. Seb Joseph , "The Body Shop preps ‘audience centric’ search strategy to win new customers", The Drum, April 07, 2015, © Carnyx Group Ltd

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L'Oreal USA Reviews Media Planning And Buying Account April 1, 2015: 12:00 AM EST Beauty brand L'Oreal USA began a review of its account covering planning and buying for all media. Expected to be completed by end of 2015, the review will also include search, social media, and programmatic, according to Nadine Karp McHugh, senior VP of omnimedia, strategic investments and creative solutions. L'Oreal, the seventh-largest advertiser in the country, with its more than $2.3 billion ad spending, launched the review about six months after Karp McHugh's transfer from Colgate-Palmolive Co. Jack Neff, Alexandra Bruell, "L'Oreal USA Launches Review of $2.3 Billion Media Account", Advertising Age, April 01, 2015, © Crain Communications

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Brazil's Beauty And Personal Care Market Continues Outgrowing Other Countries April 1, 2015: 12:00 AM EST Brazil's beauty and personal care products market grew at an annual rate of 14 percent during the last five years, according Euromonitor. Data from the market research firm revealed Brazilians spend an average of $230 per person per year on beauty and personal care products. This has driven the BPC market's total value to reach $43 billion, with sales driven by the country's emerging middle class, composed of people earning $10,000 to $24,000 in the local currency per year. Brazil's economic slowdown, however, is causing the BPC market's growth rate to decline. Also, competition in the market has become more intense, with the top 5 companies expanding their collective share of the market from 37 percent in 2002 to today's 49 percent. Douglas Storf, Fernanda Hoefel, and Suzana Resstom, "How to be more beautiful in Brazil", McKinsey & Company, April 01, 2015, © McKinsey & Company

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L'Oreal Says China Sales Grew 7.7 Percent In 2014 March 31, 2015: 12:00 AM EST L'Oreal reported sales in mainland China grew 7.7 percent to 14.3 billion yuan, or $2.31 billion, in 2014, compared with the previous year. According to the French cosmetics company, 2014 marked the 18th consecutive year of growth in the country, the second-largest cosmetics market in the world. L'Oreal China CEO Alexis Perakis-Valat said his company's growth in China was driven by increased investment in research and innovation, online sales growth, channel expansion, and the contribution of the MAGIC mask brand. "L’Oreal sales rise by 7.7% in the Chinese mainland year-on-year", Global Times , March 31, 2015, © Global Times

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Shiseido Announces Plan To Build 30-Billion-Yen R&D Center In Yokohama March 26, 2015: 12:00 AM EST Shiseido announced plans to build a research and development facility worth more than 30 billion yen, or $248 million, in Yokohama. Expected to open after 2018 in the city's Minato Mirai business district, the R&D center is part of the cosmetics company's efforts to boost sales to over 1 trillion yen by 2020. Also, the company plans to increase R&D spending to 25 billion yen, or 2.5 percent of total sales by 2020, compared with 13.5 billion yen or 1.8 percent of total sales in fiscal 2013. "Cosmetics maker plans $250M research base", Nikkei.com, March 26, 2015, © Nikkei Inc

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China's Cosmetics Contain Legal Levels Of Toxic Chemicals March 26, 2015: 12:00 AM EST In China, some skincare products contain toxic chemicals in amounts within regulated limits, according to the Beijing Consumer Association. Results of the study conducted by the group revealed some of the products contained antiseptics, arsenic, mercury, formaldehyde, and other toxic substances. Mercury is commonly found as an active ingredient in skin-whitening lotions and was found in samples of Sekkisei Supreme Revitalizing Cream I, Watsons Collagen Moisturizing and Whitening Facial Lotion, as well as in lip balms manufactured by Guerlain, Givenchy, and Shu Uemura. "Cosmetics in China contain 'acceptable' levels of mercury, arsenic", Want China Times, March 26, 2015, © WantChinaTimes.com

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Macy's Buys Spa And Beauty Chain Blue Mercury March 25, 2015: 12:00 AM EST Macy's agreed to acquire high-end spa and beauty chain Blue Mercury. Some market analysts are wondering whether the deal, which could bring Blue Mercury's Diptyque candles, Phyto hair products, and La Mer face creams to Macy's stores, would affect search results on the retailer's website. Department stores account for significant portions of beauty brands' sales. At present, Estee Lauder's beauty brands are among the top results in Macy's search visibility. Homa Zaryouni, "Will Macy’s Acquisition of Blue Mercury Change Beauty Search?", L2 The Daily, March 25, 2015, © L2 Think Tank

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Demand For Korean Cosmetics In Chinese-Speaking Countries Keeps Rising, Study Shows March 25, 2015: 12:00 AM EST Nielsen said 40 percent of consumers in China, Hong Kong, Taiwan, and Singapore who bought Korean beauty products were planning to spend more in the next months. Results of the market research firm's survey of 1,900 women in these countries revealed six of 10 consumers have only recently discovered Korean beauty brands in the past two years. Data also revealed that among the respondents, the leading reason for the popularity of Korean cosmetics was the perception that Korean-made beauty products were “new and trendy.” Consumer preference for buying cosmetics from conventional outlets, such as department stores and duty-free stores, has made South Korea a top travel destination among Chinese-speaking consumers. Jonathan Cheng, "No Sign of Letup in Chinese Demand for Korean Cosmetics", Wall Street Journal, March 25, 2015, © Dow Jones & Company, Inc

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Birchbox Launches Beauty Box Subscription Business In Canada March 23, 2015: 12:00 AM EST Birchbox launched its online beauty box subscription service in Canada, after achieving market success in the United States and launching limited distribution in European markets. Shipping consumers a beauty box that contains sample-sized premium cosmetics, skincare, and haircare products monthly, Birchbox also allows customers to buy full-size products from its online store. Birchbox aims to differentiate itself from other beauty box subscription service providers in Canada by allowing local consumers to pay in Canadian dollars and offering a Canadian-market-dedicated website that highlights products from local beauty and personal care companies. Emmanuelle Bouvier, "Birchbox Brings Its Winning Beauty Box Formula To Canada", Mintel, March 23, 2015, © Mintel Group Ltd.

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Shiseido Signs MOU To Buy Serge Lutens Brand March 13, 2015: 12:00 AM EST Shiseido agreed to acquire the Serge Lutens brand of luxury fragrances and cosmetics. Terms of the memorandum of understanding signed by the company include the appointment of brand owner Serge Lutens as creative director. Shiseido said it plans to promote the brand with various strategies, including opening of free-standing brand boutiques in leading cities worldwide. Lutens will support the development of the next steps for the brand. "Shiseido signed Memorandum of Understanding (“MOU”) for acquiring Serge Lutens trademark", Shiseido , March 13, 2015, © Shiseido

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L'Oreal USA Adopts PowaTag Mobile E-Commerce Technology March 12, 2015: 12:00 AM EST L'Oreal USA partnered with PowaTag, a mobile e-commerce technology provider. PowaTag's mobile technology can transform a wide range of consumer mobile and online contact points into a “platform for mobile transactions.” In addition to interactive digital marketing, the technology can also help online retailers in providing consumers with mobile and desktop e-commerce options, the company said. "L'Oreal USA Announces Strategic Partnership with Powa to Deploy PowaTag's Mobile Technology", PR Newswire, March 12, 2015, © PR Newswire Association LLC

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Lancome Marks 80th Year; Expands Presence In Global Luxury Beauty Market March 6, 2015: 12:00 AM EST Lancome, which celebrates its 80th anniversary in 2015, has an estimated annual global sales of almost €2.3 billion, or $3.4 billion, making it one of the largest luxury beauty brands. L'Oreal's third-largest brand, according to estimates, Lancome earns 54 percent of its revenue from skincare, 28 percent from makeup, and 18 percent from fragrances. Its latest line of fragrances, La vie est Belle, is driving growth in the brand's fragrance business. At present, the United States is the company's biggest market; however, Asia, driven by China's rapid growth, is forecast to overtake it in the next two years. David Meagher, "Lancome expands its beauty brand around the world", The Australian, March 06, 2015, © News Limited

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Sephora Opens New, Larger Distribution Center In Maryland March 4, 2015: 12:00 AM EST Beauty retailer Sephora opened a new logistics center in Maryland in order to meet growing demand in the Eastern United States. Double the size of the online retailer's previous facility located a few kilometers away, the distribution center measures 60,000 square meters and will handle logistics operations, including merchandise reception, identification, warehousing, and shipping. Also, the new facility will help increase the company's impact on Maryland's economy, guaranteeing jobs for the 400 employees from the previous location and creating as many as 200 new jobs. "Sephora opens new logistics center in U.S.", LVMH, March 04, 2015, © LVMH

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L'Oreal Paris Appoints Brazilian Model Luma Grothe As Brand Ambassador March 4, 2015: 12:00 AM EST L'Oreal Paris named Brazilian fashion model Luma Grothe as its latest brand ambassador. Adopting a diversity-focused approach to promoting beauty, L'Oreal Paris is also pointing out to women that self-confidence leads to well-being. Grothe said she has always believed in the brand's “Because you're worth it” marketing slogan. Adrianna Barrionuevo , "L’Oreal Paris Names Luma Grothe as Spokesperson", The Fashion Spot, March 04, 2015, © TotallyHer Media, LLC

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Lancome Picks RichRelevance's Omnichannel Personalization Platform For Its Online Store March 2, 2015: 12:00 AM EST Lancome partnered with omnichannel personalization company RichRelevance to launch a personalized look-recommendation service on its online store. Using RichRelevance's Relevance Cloud personalization platform for online retailers, combined with Sight Commerce's visual commerce and style intelligence solutions, the brand provides online shoppers with accessible personal and professional advice. Also, product suggestions are adjusted in real-time, based on changes in users' shopping behavior, inventory, and pricing. "Lancome Gets Personal With Curated, Complete Looks Powered by RichRelevance", Business Wire, March 02, 2015, © Business Wire

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Asian Beauty Products Drive New Trends In Australian Market March 1, 2015: 12:00 AM EST Beauty and personal care products from Asia are driving new trends in Australia, according to market observers. Products that have become popular among Australians of Asian and non-Asian heritage include the BB and CC creams from South Korea and serums, such as the Skin Inc. brand from Singapore. Caucasian women are using whitening products, originally designed for Asian beauty shoppers, to remove sun-induced pigmentation. Katrina Lawrence, "How Asia is changing the face of the Australian beauty industry", Daily Telegraph, March 01, 2015, © News Corp

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L'Oreal Paris Says To Drop Anti-Maths Ad Campaign February 27, 2015: 12:00 AM EST Cosmetics company L'Oreal Paris said it plans to change a marketing campaign that is reportedly discouraging people to excel in mathematics. Featuring actress Dame Helen Mirren saying “Age is just a number. And maths was never my thing,” the ad prompted mathematics advocacy group National Numeracy to complain about it. L'Oreal Paris promptly agreed to revise the ad after the group tweeted about its displeasure with the campaign. Hannah Richardson , "L'Oreal agrees to change 'bad at maths' boast advert", BBC, February 27, 2015, © BBC

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Estee Lauder Sees Growth, Predicts More Expansion In UK February 27, 2015: 12:00 AM EST Estee Lauder is seeing opportunities for business growth in the UK, which is the cosmetics company's second-largest market, accounting for more than 8 percent of total sales. At present, the company leads the UK market for prestige beauty products and is second in the overall beauty market. UK's prestige beauty market grew 5 percent on average in the last few years, while the total beauty market expanded 3-5 percent. Andrew McDougall, "Estee Lauder hails strong growth and opportunity in UK", Cosmetics Design , February 27, 2015, © William Reed Business Media SAS

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Shiseido America Expands East Windsor Facility In New Jersey February 27, 2015: 12:00 AM EST Shiseido America, Inc. plans to expand its production and distribution facility in East Windsor, New Jersey, according to city mayor Janice S. Mironov. Located on Princeton Hightstown Road, the facility currently measures at 310,580 square feet and will be expanded by 45,000 square feet. To be added are more space for research and development, offices, and warehouse and accessory operations. Also, the company plans to relocate its Monroe Township Davlyn Industries operations and employees to the East Windsor facility. Rich Cuccagna , "Shiseido America expanding location in East Windsor", New Jersey, February 27, 2015, © New Jersey On-Line LLC

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Hispanic Segment Of Beauty And Personal Care Markets Grows Faster Than Rest February 20, 2015: 12:00 AM EST Cosmetics purchases by Hispanic consumers grew 7.4 percent, compared with the 1.2 percent decline among their non-Hispanic counterparts, according to market research firm Nielsen. Data from Nielsen revealed Hair care and accessories grew 3 percent among Hispanic consumers, while dropping 3.6 percent among non-Hispanics. Factors driving growth in the beauty and personal care market for Hispanics include population growth, demographics, and cultural dynamics. Among U.S.-born Hispanics, 75 percent are younger than 35 years. Hispanics are also more beauty-conscious and are more likely to try different hair styles than non-Hispanic consumers. Alexia Elejalde-Ruiz , "Hispanics play large part in beauty spending, Nielsen says", Chicago Tribune, February 20, 2015, © Chicago Tribune

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Shiseido Awards Za Digital Marketing Account To MindShift Interactive February 19, 2015: 12:00 AM EST Japanese cosmetics company Shiseido awarded the digital marketing account for its Za beauty brand to MindShift Interactive. As part of the contract, the marketing agency will create social media marketing campaigns, perform digital research audits, and lead media planning and buying for the brand. Specializing in developing social media campaigns and strategies, MindShift Interactive will perform all related tasks for Za, a premium skincare and makeup brand launched by the company in India in 2014. "MindShift Interactive bags digital mandate for brand Za from Shiseido", BestMediaInfo , February 19, 2015, © BestMediaInfo.com

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Oriflame Cosmetics Opens New Russia Manufacturing Plant February 18, 2015: 12:00 AM EST Oriflame Cosmetics opened its €150 million manufacturing plant in Noginsk, Russia. Designed to manufacture shampoos, deodorants, liquid soaps, and other personal care products, the location includes production, warehousing, and distribution facilities. As part of its consolidation efforts, Oriflame sold its Krasnogorsk plant to X5 Retail in October 2014. "Oriflame Cosmetics Inaugurated Its Production Facility in Noginsk, Russia", Business Wire, February 18, 2015, © Business Wire

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Beiersdorf Delivers Strong Sales Growth In 2014 February 13, 2015: 12:00 AM EST Beiersdorf, the maker of Nivea brand of skincare products, reported organic sales grew 4.7 percent in 2014. In nominal terms, sales expanded 2.3 percent to €6.285 billion from €6.141 in the previous year, with both Consumer and tesa business segments contributing to growth. Consumer business posted 4.8 percent in growth, while tesa reported 4.4 percent. Excluding special factors, the company's EBIT grew to €861 million from the previous year's €814 million. EBIT margin, with special factors excluded, improved from the previous year's 13.2 percent to 13.7 percent, the company said. "Beiersdorf 2014 Annual Report", Beiersdorf, February 13, 2015, © Beiersdorf AG

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L'Oreal Says Strong 4Q Lifted Total 2014 Revenue Performance February 12, 2015: 12:00 AM EST L'Oreal SA reported total sales grew 1.8 percent to €22.53 billion in 2014, hampered by poor sales in Western Europe. Operating profit reached €3.891 billion, or 17.3 percent of sales. According to the company, its net profit after non-controlling interests reached €4.910 billion, wit net earnings per share at €5.34. In the fourth quarter of 2014, sales rose 8.5 percent to €5.97 billion, compared with the same period in the previous year. "L’Oreal 2014 Annual Results", L’Oreal, February 12, 2015, © L’Oreal

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L'Oreal Opens First Factory In Egypt February 12, 2015: 12:00 AM EST L'Oreal opened its first factory in Egypt. Located at the country's Pyramids Industrial Park near Cairo, the manufacturing facility was built with a total investment of $57 million and is designed as a production hub for the Middle East and North Africa region. L'Oreal Egypt is hiring about 300 locals for the factory's work force. Yasmine Samra, "L’Oreal opens 1st MENA plant in Egypt with 50M Euro investments", The Cairo Post, February 12, 2015, © The Cairo Post

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Avon Products Sees Falling Revenue In 2014 February 12, 2015: 12:00 AM EST Avon Products, Inc. said revenue declined 12 percent in the fourth quarter of 2014, although 5 percent higher in constant dollars. Operating margin for the quarter rose to 7.3 percent, while adjusted operating margin was 9.3 percent. For the full-year 2014, revenue dropped 11 percent, and was relatively unchanged in constant dollars. Operating margin for the full year was 4.5 percent, higher than 4.3 percent in the previous year. Full-year adjusted operating margin was 8.3 percent, the company said. "Avon Reports Fourth-Quarter and Full-Year 2014 Results", Avon Products, February 12, 2015, © Avon Products, Inc.

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Missha Opens First European Store In Germany February 11, 2015: 12:00 AM EST South Korean skincare and cosmetics retailer Missha opened its first Western European store in Ingolstadt, Germany. Noted for its commercial and industrial strengths, the city of Ingolstadt serves as the company's beachhead into Europe's beauty market. Able C&C chairman Seo Young-pil opened the store, highlighting the event's significance for the company's European business plans. Jeana Shin, "Missha 1st Korean Brand Shop to Enter Western Europe", Business Korea, February 11, 2015, © BusinessKorea Co., Ltd

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L'Oreal Wins Place On Fast Company's List Of Top 50 Innovative Companies February 9, 2015: 12:00 AM EST Cosmetics company L'Oreal is included in Fast Company's 50 Most Innovative Companies in the World list for 2015. Highlighting the leading companies in innovation, the list recognizes L'Oreal's “pioneering legacy in scientific innovation,” which dates back to its founding by a French chemist more than 100 years ago. In 2012, L'Oreal opened its Connected Beauty Incubator, a U.S.-based division of the company's research operations focused mainly on technological innovation. "L’Oreal Named One of Fast Company's "50 Most Innovative Companies in the World"", L'Oreal, February 09, 2015, © L'Oreal

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L'Oreal Plans Rs 1,000 Crore Expansion In India February 9, 2015: 12:00 AM EST French cosmetics company L'Oreal SA plans to invest Rs 1,000 crore over the next five years to expand its business in India, according to company chairman and CEO Jean-Paul Agon. L'Oreal India Pvt. Ltd will use the money to expand its supply chain, improve its manufacturing facilities, and support research and innovation in the country. Also, L'Oreal India seeks to acquire 150 million consumers across the country and expand sales to Rs 7 billion by 2020. "Cosmetic maker L’Oreal to invest Rs 1,000 crore in India", India TV News, February 09, 2015, © Independent News Service

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Revlon Appoints Karsch As EVP And CMO Of Revlon Consumer Unit February 9, 2015: 12:00 AM EST Beauty brand Revlon announced the appointment of Benjamin Karsch as executive vice president and chief marketing officer of Revlon Consumer. With an extensive experience in consumer brands and packaged goods, Karsch was Cigna's chief marketing officer and was responsible for the transformation of the company's US health insurance business from B2B into a consumer-focused business. Karsch, who is a member of Revlon's Global Leadership group, will manage the Revlon Consumer division's international brand marketing, product development, consumer engagement, and public relations. "Revlon Announces New Chief Marketing Officer", Business Wire, February 09, 2015, © Business Wire

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