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AmorePacific Expects China Sales To Grow 30 Percent In 2015

February 9, 2015: 12:00 AM EST
South Korean cosmetics company AmorePacific Group said it expects sales in China to grow 30 percent in 2015. In 2014, China sales grew 21 percent to 4.7 trillion won, or $4.3 billion, the company reported on February 2, 2015. AmorePacific is expanding its channel in the country to grab a bigger share of China's middle-class market. In 2020, China is expected to account for 30 percent of the company's total sales, up from 8.6 percent in 2013.
"Korea Pop Fervor to Lift AmorePacific China Sales by 30%", Bloomberg, February 09, 2015, © Bloomberg L.P.
Domains
BEAUTY BUSINESS
Brands
Market News
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
China
South Korea

Estee Lauder Reports Slightly Higher Sales For December 2014 Quarter

February 5, 2015: 12:00 AM EST
The Estée Lauder Companies Inc. said net sales rose 1 percent to $3.04 billion for the second quarter ending December 31, 2014, compared with $3.02 billion in the same quarter of the previous year. Net earnings reached $435.7 million, compared with the previous year's $432.5 million. Diluted net earnings per common share rose 3 percent to $1.13, compared with $1.09 in the previous year. Foreign currency translation had a negative impact of $0.07 on diluted net earnings per common share.
"The Estee Lauder Companies Reports Strong Fiscal 2015 Second Quarter Results, Exceeding Expectations", Estée Lauder, February 05, 2015, © The Estée Lauder Companies Inc.
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Kiehl's Appoints Cummins&Partners Creative And Media Agency In Australia

February 5, 2015: 12:00 AM EST
L'Oreal's luxury beauty brand Kiehl's awarded its creative and media account in Australia to agency Cummins&Partners. Marking the first time the brand has hired an agency in the country, Cummins&Partners' appointment came following a competitive pitch. Media agency Carat remains L'Oreal's media buying agency.
Nic Christensen, "Cummins&Partners wins creative and media for Kiehl’s", mumbrella, February 05, 2015, © Focal Attractions
Domains
BEAUTY BUSINESS
Brands
Marketing
Geographies
Worldwide
Asia-Pacific
Australia

Sephora Introduces New Members Of The Sephora PRO Team

February 5, 2015: 12:00 AM EST
French cosmetics retailer Sephora introduced its new lineup of makeup artists for The Sephora PRO Team. Representing markets in North and South America, the team members are “among the industry's most knowledgeable in beauty expertise and application,” the company said. Covering a specific region each where they are expected to provide consumers with their beauty expertise and application and promote Sephora brands, the 15 market experts earned permanent spots on The Sephora PRO Team by excelling in weeks of rigorous challenges and interviews. Among these experts are Adi Lando from Toronto, Lou Swinden Payne from Ottawa, and Eliza Davila from Philadelphia.
"SEPHORA Unveils The New Sephora PRO Team", MultiVu, February 05, 2015, © MultiVu
Domains
BEAUTY BUSINESS
Brands
Marketing
Operations
Geographies
Worldwide
North America
United States of America
Canada

The Body Shop Launches New Beauty Products In Kuwait

February 4, 2015: 12:00 AM EST
The Body Shop launched its New Floral Body Care Collection, a limited edition body care and fragrance product line, in Kuwait. Described by the company as having “a captivating scent, blending spices, florals, and heavy woods,” the product line includes an Eau de Toilette, as well as a shower gel that contains honey. Also, The Body Shop introduced its first Lip and Cheeks Velvet Sticks product line.
"The Body Shop launches new cosmetics range", TradeArabia , February 04, 2015, © Tradearabia.com
Domains
BEAUTY BUSINESS
Brands
Marketing
Geographies
Worldwide
EMEA
Middle East- Africa
Kuwait

Makeup Drives 2014 Sales Growth In US Prestige Beauty Market

February 4, 2015: 12:00 AM EST
In the United States, the prestige beauty market grew 3 percent to $11.2 billion in sales in 2014, compared with the previous year, according to market research firm The NPD Group, Inc. Data presented by the company at the Hot Off the Press event in New York revealed makeup sales grew 6 percent, fragrance rose 2 percent, while skincare expanded by 1 percent. In contrast, the mass channel segment remained flat in 2014, with the skincare category providing the sole growth at 2 percent. Sales of fragrances and makeup declined 4 percent and 1 percent, respectively.
"The NPD Group Presented its 2014 Review of U.S. and Global Beauty Sales at “Hot Off The Press” Event in New York", NPD Group, February 04, 2015, © The NPD Group, Inc.
Domains
BEAUTY BUSINESS
Market News
Trends
Geographies
Worldwide
North America
United States of America

FMCG Product Awards Suggest Big Trends For 2015

February 4, 2015: 12:00 AM EST
Brand Genetics identified nine FMCG trends for 2015 from the recent consumer product innovation awards. The awards were based on voting by 10,000 consumers in the U.K., but Brand Genetics says the trends are global. Among the key trends defining FMCG products are: convenience (“the mega-trend of 2015”); “on-the-go”; products offering health benefits; indulgence that is also “good for you”; the continued rise of private label brands; products “made for me”; a premium experience even from mass market brands; the increasing popularity of fruit as a sugar replacement; and tech-enhanced products.
Andrew Christophers, "FMCG / CPG Consumer Trends 2015 - Product Innovations of the Year", Brand Genetics, February 04, 2015, © Brand Genetics
Domains
BEAUTY BUSINESS
Consumers
Trends
Geographies
Worldwide
North America
United States of America

Avon Appoints James S. Scully As EVP And CFO

January 29, 2015: 12:00 AM EST
Avon Products, Inc. appointed James S. Scully as executive vice president and chief financial officer effective April 1, 2015. Previously chief operating officer, EVP, and CFO at specialty retailer J. Crew, Scully will report to Avon CEO Sheri McCoy and manage all finance and IT functions. He also used to work at luxury retailer Saks Incorporated and Bank of America.
"Avon Names James S. Scully Executive Vice President and Chief Financial Officer", Avon, January 29, 2015, © Avon Products, Inc.
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

L'Occitane Reports Strong Sales Growth In Japan In Last 3 Quarters Of 2014

January 27, 2015: 12:00 AM EST
French cosmetics company L'Occitane said total net sales in Japan rose 15.2 percent to €133.9 million in the nine-month period ending December 31, 2014, compared with €128.9 in the previous year. Based in France's Provence region, the company reported Hong Kong, the United States, and China as its biggest growth markets. In 2014, the company opened four new stores in Hong Kong, raising the number of its retail stores in the region to 36, with three in Macau.
Michelle Yeomans, "Japan proves to be fastest growing market for L’Occitane", Cosmetics Design , January 27, 2015, © William Reed Business Media SAS
Domains
BEAUTY BUSINESS
Brands
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
China
Hong Kong
Japan

Procter & Gamble's Net Sales Drop 4 Percent In 2Q FY2015

January 27, 2015: 12:00 AM EST
Procter & Gamble Co. said net sales declined 4 percent to $20.2 billion in the second quarter of its fiscal year 2015, compared with the same period in the previous year. Foreign exchange fluctuations had a negative 5 percent impact on revenue in the October‒December quarter. Organic sales rose 2 percent, with four of five reporting segments showing growth, the company said. Core earnings per share dropped 8 percent to $1.06, compared with the previous year. Operating cash flow was $3.4 billion for the quarter and the company returned $3.7 billion in cash to shareholders, including $1.8 billion in dividends and $1.9 billion of common stock buybacks.
"P&G Delivers Second Quarter Currency-Neutral Core Eps Up 6%", Procter & Gamble, January 27, 2015, © Procter & Gamble
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Unilever Appoints Big Sync Music As Provider Of Music Services For Brands

January 26, 2015: 12:00 AM EST
Unilever signed a music licensing deal with specialist music agency Big Sync Music. Covering the consumer goods company's lineup of brands, the deal will include provision of music strategy, creative music search, and amplification. Launched in 2013, Big Sync Music has provided its services for hundreds of projects involving Unilever's brands, such as Persil, Dove, and Lynx.
Coral Williamson, "Unilever partners with Big Sync Music", Music Week, January 26, 2015, © NewBay Media
Domains
BEAUTY BUSINESS
Brands
Marketing
Operations
Strategy
Geographies
Worldwide
North America
EMEA
United States of America
Europe
United Kingdom

2014 Innovations Likely To Influence Beauty Product Development In 2015, Experts Say

January 23, 2015: 12:00 AM EST
Factors, such as product customization, Internet-born brands, Asian trends, drove innovation in the beauty market in 2014 and are likely to play leading roles in product development in 2015. Although already a prevailing trend for the cosmetics industry for the past few years, the customized approach to innovation was even more highlighted in 2014 by product launches by both multinational companies and niche players. UK's niche brand Geneu, which uses DNA testing to help create customized products, is one of the best representatives of this trend. The Internet also gave birth to a new type of beauty brands, such as The Dollar Shave Club, Glossier, and Beautycounter.
Nicole Tyrimou, "Three Key Drivers for Innovation in Beauty in 2015", Euromonitor International, January 23, 2015, © Euromonitor International
Domains
BEAUTY BUSINESS
Brands
Innovation
Market News
Trends
Geographies
Worldwide
North America
EMEA
Asia-Pacific
United States of America
Europe

L'Oreal USA Professional Products Division Partners With StyleSeat To Sell Salon Products Online

January 22, 2015: 12:00 AM EST
L'Oreal USA Professional Products Division made its range of salon-exclusive products available online through e-commerce site StyleSeat. More than 4 million consumers use the online platform to book appointments with hair and nail professionals. These users will have online access to L'Oreal products, such as Essie Professional, Kerastase, and L'Oreal Professionnel. Consumers seeking to buy these products previously had to go to a salon or spa.
"L'Oreal Professional Products Division Portfolio of Brands Now Available Online Through Local Salon Professionals ", PRNewswire, January 22, 2015, © PR Newswire Association LLC
Domains
BEAUTY BUSINESS
Brands
Marketing
Online
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Beauty Brands Embrace "No Makeup" Look

January 21, 2015: 12:00 AM EST
Women are increasingly going for the no-makeup look, a trend being driven by celebrities, such as Reese Witherspoon, Jennifer Aniston, and Marion Cotillard. With social media playing an important role in its spread, the “fresh face” is described as a move away from the usual, camera-ready, made-for-the-movies look. Leading cosmetics brands, such as MAC Cosmetics, are supporting the trend by launching products that help consumers achieve the no-makeup look. Among such products are lighter foundations, simpler lip glosses, and makeups that highlight cheekbones and brows.
Elizabeth Holmes, "Women Embrace the ‘No Makeup’ Look, Companies Pitch Products to Help", Wall Street Journal, January 21, 2015, © Dow Jones & Company, Inc.
Domains
BEAUTY BUSINESS
Brands
Market News
Marketing
Trends
Geographies
Worldwide
North America
United States of America

Saudi Arabia's Fast-Growing Beauty Market Hampered By Red Tape, High Government Fees, Observers Say

January 21, 2015: 12:00 AM EST
Saudi Arabia's beauty industry is growing fast, driven by women's huge spending on cosmetics, according to data from Euromonitor. International beauty brands are setting up beauty centers across in the kingdom; however, high fees and difficulties in securing government permits and licenses are discouraging significant investments. Saudi women account for the largest percentage of population in the GCC countries, growing at 1.9 percent.
"Beauty, cosmetic centers facing uncertain future", JEDDAH: ARAB NEWS, January 21, 2015, © Arab News
Domains
BEAUTY BUSINESS
Market News
Regulation
Geographies
Worldwide
EMEA
Middle East- Africa
Saudi Arabia

Men's Grooming Market Expected To Expand In Africa, Analysts Say

January 20, 2015: 12:00 AM EST
Africa is expected to become the next hot market for men's grooming products, according to market leaders and analysts. Around the world, men are becoming more conscious about their physical appearance, with 48 percent of men believing that beauty and grooming products improve their overall appearance, according to Datamonitor Consumer's Q4 global survey of 2014. Factors driving growth in Africa's beauty industry include a fast-expanding middle class, increasing urbanization, and changes in consumer behavior. Leading global beauty brands, including L'Oreal, Procter & Gamble, and Unilever, are focusing their efforts on Africa's beauty market, forecast to reach $13.2 billion in value in 2017.
Andrew Streeter, "Is Africa the next market for male grooming?", Datamonitor Consumer, January 20, 2015, © Datamonitor Consumer
Domains
BEAUTY BUSINESS
Consumers
Market News
Geographies
Worldwide
EMEA
Middle East- Africa
Ghana
Nigeria
South Africa

Consumers Still Turn To Private Label Products For Value, Affordability

January 20, 2015: 12:00 AM EST
A new report from researcher IRI shows that private label products have proven to be the answer for consumers looking to stretch their shopping dollars while finding value. Brand selections continue to be based on affordability: one-third of U.S. shoppers look for and choose private label products to save money. U.S. consumers spent $120 billion on private label products in 2014, an increase of 2.1 percent over 2013. But IRI says consumers are looking for value, not just low prices, so it’s important for retailers to stock national and private label brands offering value and affordability. National brand innovation has been strong in beauty products, while private label is strong in the mass/super channel.
"Private Label & National Brands: Dialing in on Core Shoppers", Report, IRI, January 20, 2015, © IRI
Domains
BEAUTY BUSINESS
Brands
Market News
Marketing
Private Label
Geographies
Worldwide
North America
United States of America

L'Oreal Eyes Expansion In Ghana, Rwanda, Other Emerging Markets

January 20, 2015: 12:00 AM EST
French beauty company L'Oreal is planning to expand its businesses in fast-growing markets, such as Rwanda and Ghana, according to a report in  SeekingAlpha. At present, about 40 percent of L'Oreal's revenue comes from emerging markets, a 62 percent increase compared with 2005. Declining revenue from the European markets is prompting the company to focus more on emerging markets.
Dana Sanchez , "L’Oreal Could Expand In Ghana, Rwanda As Eurospend Recedes", AFK Insider, January 20, 2015, © Moguldom Media Group
Domains
BEAUTY BUSINESS
Market News
Marketing
Operations
Strategy
Geographies
Worldwide
EMEA
Middle East- Africa
Ghana
Rwanda

Johnson & Johnson Says Sales Declined Slightly In 4Q 2014

January 20, 2015: 12:00 AM EST
Johnson & Johnson said sales declined 0.6 percent to $18.3 billion for the fourth quarter of 2014. Operational results rose 3.9 percent, with negative impact of currency at 4.5 percent. Sales in the United States expanded 7.4 percent; however, international sales fell 6.7 percent, resulting in operational growth of 1.2 percent and negative currency effect of 7.9 percent. Worldwide sales rose 6.7 percent, with net impact of acquisitions and divestitures excluded. Domestic sales jumped 10.7 percent and international sales grew 3.6 percent. For the whole year of 2014, sales rose 4.2 percent to $74.3 billion, compared with 2013. Operational results jumped 6.1 percent, with a negative currency impact of 1.9 percent.
"Johnson & Johnson Reports 2014 Fourth-Quarter and Full-Year Results", Johnson & Johnson, January 20, 2015, © Johnson & Johnson Services, Inc.
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Avon Sees Growth In Sales And Workforce In Crisis-Hit Russia

January 14, 2015: 12:00 AM EST
Avon Products Inc. saw increased sales in Russia, as its ranks of sales representatives grew 10 percent in the second half of 2014, compared with the same period of the previous year. According to the company, the drop in value of ruble, which weakened 43 percent against the U.S. Dollar, drove more people to look for extra sources of income, including door-to-door selling of Avon products. Across Russia, about 4.3 million people are currently involved in direct sales, according to industry lobby group head Tamara Shokareva.
Ilya Khrennikov , "Avon Says Russia ‘Magnificent’ as Ruble Drop Swells Sales Force", Bloomberg, January 14, 2015, © Bloomberg LP
Domains
BEAUTY BUSINESS
Brands
Market News
Marketing
Operations
Geographies
Worldwide
EMEA
Europe
Russia

Japanese And Korean Cosmetics Brands Hire Celebrities As Endorsers For Asian Markets

January 13, 2015: 12:00 AM EST
Japanese and Korean cosmetics companies are hiring celebrities to help promote their products across Asia. SK-II signed up Japanese actor Yuki Furukawa as brand ambassador, bringing him to Guangzhou to promote the company. Korean cosmetics brands, meanwhile, are enlisting male K-pop celebrities to strengthen their ability to compete with major international brands, such as L'Oreal and Unilever.
Michelle Yeomans, "Japan turns to celebrity ambassadors to capture beauty market", Cosmetics Design , January 13, 2015, © William Reed Business Media SAS
Domains
BEAUTY BUSINESS
Brands
Marketing
Geographies
Worldwide
Asia-Pacific
Japan
South Korea

Revlon Agrees To Stop Using Toxic Chemicals As Ingredients For Cosmetics

January 12, 2015: 12:00 AM EST
Revlon said it plans to stop using cancer-causing chemicals as ingredients for its cosmetics, mascaras, and shampoos. Previously, the company threatened to sue Campaign for Safe Cosmetics and UltraViolet for telling Revlon to stop manufacturing cosmetics that contain toxic chemicals. Consumer demand for safe and non-toxic cosmetics prompted Revlon to adopt product-safety standards for its products. Revlon is developing a list of chemicals the company plans to remove from its ingredients, including BHA, long-chain parabens, and toluene.
"Revlon to reformulate its cosmetics products to eliminate toxic chemicals", The Star, January 12, 2015, © Star Publications
Domains
BEAUTY BUSINESS
Brands
Operations
Strategy
Geographies
Worldwide
North America
United States of America

Shiseido Expands Multi-Brand Business In Travel Retail Segment

January 8, 2015: 12:00 AM EST
Japanese cosmetics company Shiseido is expanding its multi-brand business operations in the travel retail industry. As part of its multi-brand strategy, the company will increase the presence of brands, including  Clé de Peau Beauté, Nars, and bareMinerals in 2015 and beyond. Although Shiseido will remain the company's most important brand, its market presence will be strengthened by premium skincare brand  Clé de Peau Beauté. NARS Cosmetics, for its part, keeps its gradual expansion in markets across Asia, Europe, and the Americas, the company said.
Rebecca Mann , "Shiseido Group accelerates multi-brand strategy for travel retail", The Moodie Report, January 08, 2015, © TheMoodieReport.com
Domains
BEAUTY BUSINESS
Brands
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
Japan

L'Oreal Eyes More Expansion In Africa

December 26, 2014: 12:00 AM EST
L'Oreal said Africa will play an important role in its campaign to reach 1 billion new customers by 2020. According to the cosmetics company, the Middle East and Africa region is its fastest growing geographical market, expanding by about 15 percent year on year. The region accounted for 2.4 percent of L'Oreal's €23 billion revenue in 2013, which was 2.3 percent higher than the previous year. L'Oreal's expansion plans for Africa include strengthening its distribution channels in the region and customization of products to suit the needs of African consumers.
"L’Oreal: Strengthening Africa Presence Can Bolster Target Of 1 Billion New Customers (Part 2)", Trefis, December 26, 2014, © Insight Guru Inc.
Domains
BEAUTY BUSINESS
Market News
Operations
Strategy
Geographies
Worldwide
EMEA
Middle East- Africa

Procter & Gamble Reports Better Revenue Numbers For FY 2014

December 26, 2014: 12:00 AM EST
Procter & Gamble's total net sales grew 1 percent to $83 billion for the fiscal year ending June 30, 2014, compared with the previous year's $82.6 billion. For the first quarter of fiscal year 2015, which ended September 30, 2014, P&G said net sales reached $20.8 billion. Net profit fell 34 percent to $2 billion from $3 billion of the same quarter in the previous year. P&G's $2.8 billion restructuring program saw the company reducing its global workforce from 132,000 employees in 2009 to 118,000 workers in 2014. Scheduled to start operating in February 2015, the company's new distribution center in Dayton, Ohio, will create 1,300 jobs.
Barrett J. Brunsman, "P&G's 2014 by the numbers", Cincinnati.com, December 26, 2014, © American City Business Journals
Domains
BEAUTY BUSINESS
Operations
Other
Strategy
Geographies
Worldwide
North America
United States of America

Rice Becomes Popular Ingredient For Beauty And Beverage Products In Japan

December 21, 2014: 12:00 AM EST

In Japan, makers of cosmetics and beverages are expanding their use of rice as an ingredient. As early as June 2012, Kose Provision Co. introduced lotions and creams that included ingredients derived from fermented and matured rice. Kose said its Maihada line of cosmetics, sold exclusively online, are “effective in moisturizing skin.” The trend came amid a decline in rice consumption in the country, due to the shrinking population and growing adoption of Western diets.

Asako Takaguchi, "Drinks, cosmetics makers using rice as product ingredient", The Japan Times, December 21, 2014, © THE JAPAN TIMES LTD.
Domains
BEAUTY BUSINESS
Market News
Geographies
Worldwide
Asia-Pacific
Japan

Online Retailers See Growing Share Of Overall Beauty And Personal Care Sales

December 18, 2014: 12:00 AM EST
In the United States, consumers are slowly turning to online retailers for their grooming and cosmetics purchases, according to The Harris Poll online survey. Conducted on June 16 to 18, 2014, the survey's results showed 14 percent of respondents said they purchased more products online compared with 2‒3 years ago. However, data revealed that brick-and-mortar stores remained the leading sellers of beauty and personal care products, with big-box retailers outpacing pharmacies and grocery stores/supermarkets. Among respondents, 64 percent said they buy sunscreen from big-box retailers, with 62 percent choosing the same channel for their shampoo and conditioner needs. Big-box retailers were also the favorite sellers for 62 percent of consumers buying hair styling products and 60 percent for hair color products.
"Cosmetic & Grooming Product Consumers Increasingly Looking to Online Merchants", Harris Interactive, December 18, 2014, © The Harris Poll
Domains
BEAUTY BUSINESS
Consumers
Market News
Online
Trends
Geographies
Worldwide
North America
United States of America

Korean Beauty Brands Aim For 1.6 Billion Muslim Consumers

December 18, 2014: 12:00 AM EST
Korean cosmetics companies are targeting the Islamic market, currently valued at $2 trillion. Relatively unknown among the Muslim countries' 1.6 billion consumers, Korean beauty brands need to secure halal certification before they can start selling their products in Indonesia, Malaysia, and other Islamic nations. Korean public service agency Arirang said only a few Korean cosmetics brand, such as Talent Cosmetics, have received halal certification.
Michelle Yeomans, "Korean cosmetic brands see opportunity in Islamic markets", Cosmetics Design , December 18, 2014, © William Reed Business Media SAS
Domains
BEAUTY BUSINESS
Market News
Marketing
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
Indonesia
Malaysia
South Korea

Online Retailers Growing Share Of Total Beauty And Personal Care Sales, Survey Shows

December 17, 2014: 12:00 AM EST
Online sales accounted for $4.3 billion, or 6.5 percent, of total beauty and personal care sales in 2014, according to market research firm A.T. Kearney. Data from the study “Beauty and the E-Commerce Beast: 2014 Edition” revealed the prestige beauty and personal care segment has an 11 percent online shopper penetration, higher than the mass market's 6 percent. Amazon dominated the market with 73 percent of online beauty and personal care shoppers, compared with Wal-Mart's 42 percent and Sephora's 35 percent. Also, 47 percent of respondents said they bought more products online in 2014 than they did in 2013.
"Forty-seven Percent of U.S. Online Shoppers of Beauty and Personal Care Products Shop More Frequently in 2014 Versus Prior Year according to A.T. Kearney Study", A.T. Kearney, December 17, 2014, © A.T. Kearney
Domains
BEAUTY BUSINESS
Consumers
Market News
Online
Trends
Geographies
Worldwide
North America
United States of America

Beiersdorf Re-Launches High-Tech Suggestion Box

December 15, 2014: 12:00 AM EST
Cosmetics company Beiersdorf is once again reaching out to suppliers, scientists and others who have innovative ideas, suggestions for new raw materials or advanced technologies. The company has launched a revised, more secure version of its Pearlfinder innovation platform, a collaborative site where registered users – dubbed cooperation partners – can share suggestions and new ideas confidentially. The company says the platform has been in operation for four years, and many new cosmetics ideas have come from other industries. Ingredients for its Nivea Q10 anti-wrinkle product came originally from the food industry. It has also found potential research areas from the paint industry and biotechnology.
"Beiersdorf Strengthens Open Innovation Initiative with Relaunch of Pearlfinder", Beiersdorf , December 15, 2014, © Beiersdorf AG
Domains
BEAUTY BUSINESS
Innovation
Other
Research
Strategy
Geographies
Worldwide
EMEA
Europe
Germany

South Korean Drug Makers Launch Cosmetics Brands To Grow Business

December 15, 2014: 12:00 AM EST
Pharmaceutical companies are launching their cosmetics brands to help grow their business in South Korea. Factors driving the trend are the government's move to impose tougher sanctions against drug companies' illegal dealings with doctors and hospitals and the decline in prices of pharmaceutical products. Sales of cosmetics in drugstores are forecast to reach 400 billion won, prompting Ildong Pharmaceutical to launch its GOU:E brand in July 2013 and Hanmi Pharm its Clear Therapy brand in November 2014.
Park Ji-won, "Pharmaceutical firms tap into cosmetics products", The Korea Times, December 15, 2014, © koreatimes.co.kr
Domains
BEAUTY BUSINESS
Brands
Market News
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
South Korea

Japan's Online Product Reviews Site Cosme Offers International Beauty Brands Gateway Into Local Cosmetics Market

December 10, 2014: 12:00 AM EST
International beauty brands can use Cosme, an online product review site, as a marketing launch pad or point of entry into Japan's cosmetics market, according to L2's Digital IQ Index: Japan Beauty report. Featuring user-created content, Cosme's average Index brand has 49,000 followers, with 170 reviews per product. Of the top 10 brands on the platform in terms of fan base, seven are global brands.
Homa Zaryouni, "Cosme a Resource for Beauty Brands in Japan", L2 Think Tank, December 10, 2014, © L2 Think Tank
Domains
BEAUTY BUSINESS
Marketing
Online
Geographies
Worldwide
Asia-Pacific
Japan

Brazil's Natural Beauty Market Expected To Keep Growing, Mintel Says

December 9, 2014: 12:00 AM EST
Brazil's beauty and personal care retail market is forecast to reach $19 billion in value in 2014, according to Mintel Market Sizes report. Growth in the market is expected to be driven by the rise in consumer spending, with 42 percent of consumers buying more or the same volume of personal care and beauty care products in 2013 than the previous year. Data revealed demand is growing for natural beauty products, with 80 percent of consumers preferring skincare products that include natural ingredients. Lush, which left the market seven years ago, returned to Brazil by opening its biggest Lush store in the world in Sao Paulo, while beauty retailer The Body Shop entered the market in November 2014.
Ana Claire Bernardes Torres , "Brazil is a natural beauty hot spot", Mintel, December 09, 2014, © Mintel Group Ltd.
Domains
BEAUTY BUSINESS
Brands
Market News
Geographies
Worldwide
Latin America
Brazil

Henkel Opens State-Of-The-Art Building In Slovenia

December 4, 2014: 12:00 AM EST
Henkel Beauty Care opened a new building in Maribor, Slovenia. Worth more than €3 million, the high-technology building comes with a modern laboratory and an engineering facility. Henkel said the building also contributes to its sustainability initiative. Henkel Maribor received an Authorized Economic Operator status from the government during the ceremony marking the opening of the facility.
"Henkel Beauty Care inaugurates new premises in Slovenia", Henkel, December 04, 2014, © Henkel AG & Co. KGaA
Domains
BEAUTY BUSINESS
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
Slovenia

AmorePacific Revises Marketing Strategy For Namesake Flagship Brand

December 2, 2014: 12:00 AM EST
South Korean cosmetics company AmorePacific is repositioning its flagship brand. After withdrawing the brand from Japan, the company also pulled the brand from its duty-free stores in South Korea except those at the Incheon International Airport. Launched in 2002, the brand carried the company's dream of competing with global luxury brands, such as Lancome and Estee Lauder. Although it had a relative success in the United States, the brand, however, failed to find market success in Japan and never attracted big-spending Chinese consumers.
Lee Jae-seung, "Global Luxury Skincare Brand AMORE PACIFIC Opens Shops in Hong Kong", Korea IT Times, December 02, 2014, © KOREA IT TIMES
Domains
BEAUTY BUSINESS
Brands
Marketing
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
China
Hong Kong
South Korea

Shiseido Announces Executive Movements

November 27, 2014: 12:00 AM EST
Japanese cosmetics company Shiseido Co., Ltd., announced several proposed changes to its management ranks effective January 1, 2015. Covering a number of senior executives, the changes include the appointment of Shigeru Takano as president and director of Shiseido China Co., Ltd. Takano was general manager of Asia Pacific Sales Department and general manager of Masstige Business Development Unit, International Business Division. Tatsuya Nagai was named as general manager of Asia Pacific Sales Department and general manager of Masstige Business Development Unit at the company's International Business Division.
"Proposed Changes Among Shiseido’s Executives", Shiseido, November 27, 2014, © Shiseido Co.,Ltd.
Domains
BEAUTY BUSINESS
Brands
Operations
Strategy
Geographies
Worldwide
Asia-Pacific
China
Japan

Alliance Boots Acquires Soap & Glory Cosmetics Brand

November 27, 2014: 12:00 AM EST
Pharmaceuticals and retail company Alliance Boots said it has acquired the cosmetics brand Soap & Glory from brand founder Marcia Kilgore. Established eight years ago, the brand became famous for its humorous product brands and descriptions and 1920s style packaging. A strong customer base and a loyal fanbase on social media enhance the brand's strength.
Michelle Yeomans, "Boots adds quirky Soap & Glory brand to its' portfolio", Cosmetics Design , November 27, 2014, © William Reed Business Media SAS
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Amore Pacific's Laneige, Two Other Brands, Tops In Consumer Recall In China, Study Shows

November 26, 2014: 12:00 AM EST
Amore Pacific's Laneige brand is the most popular Korean cosmetics brand  among consumers in China, according to the Korea Trade-Investment Promotion Agency.  Results of a consumer survey covering 10 major cities in the country showed 12.2 percent of 2,194 respondents chose Laneige. Two other brands owned by Amore Pacific, Mamonde and Sulwhasoo, were ranked fourth and fifth, respectively. Survey results also revealed six out of the 10 most recognized Korean brands were cosmetics brands.
"Laneige Cosmetics Most Recognizable Korean Brand in China", The Chosun Ilbo, November 26, 2014, © Chosun.com
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Supermarkets Becoming More Popular For Women Buying Cosmetics In Australia, Study Shows

November 26, 2014: 12:00 AM EST
In Australia, 25.6 percent of the country's 4,791,000 women older than 14 years, who bought cosmetics in any given six-month period in the year ending June 2014, purchased their make-up from a supermarket, according to Roy Morgan Research. Data from the market research firm revealed 20 percent bought theirs from a chemist. Make-up shopping at discount retailers, such as Target, Big W, and Kmart, has declined from 14.1 percent to 12 percent, compared with the 2010 study.
"Buying cosmetics at the supermarket more popular than ever", Roy Morgan , November 26, 2014, © Roy Morgan Research
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The Body Shop's Black Friday, Cyber Monday Deals Support Charity Helping Children Affected By War

November 25, 2014: 12:00 AM EST
Beauty retailer The Body Shop announced its 2014 Black Friday and Cyber Monday promos in the United States. For Black Friday, the company is launching a Limited Edition Tote for Black Friday, which includes nine products that are customer favorites. On Cyber Monday, the retailer's online store offers 50 percent off and a $20 value free gift for every $50 worth of purchase. Both promos will benefit War Child, a nonprofit group helping children affected by war.
"The Body Shop Brings You a Wish Granting Black Friday, Cyber Monday and #GiveBackTuesday ", PR Newswire, November 25, 2014, © PR Newswire Association LLC
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Sephora Faces Class Action From Asian-American Customers Who Claimed Discrimination

November 19, 2014: 12:00 AM EST
Beauty retailer Sephora USA Inc. is facing a possible class action in New York after the company blocked the online accounts of customers with Asian names. Filed by four American women of Chinese descent, the case arose from the retailer's November 6, 2014, promo sale that caused its website to crash. Sephora said the crash was due to many bulk shoppers who were planning to resell the on-sale items for a profit.
Daniel Wiessner, "Sephora discriminated against Asian customers, lawsuit claims", Reuters, November 19, 2014, © Thomson Reuters
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Coty's Philosophy Brand Launches Mental-Health Initiative

November 19, 2014: 12:00 AM EST
Coty Skincare's Philosophy brand launched the Hope & Grace Fund, an initiative supporting mental health by donating 1 percent of all sales in the United States. Claiming the project fits with the brand's messages of optimism on its packaging, Coty Skincare said the mental-health initiative will cover the brand's overall marketing for the next years. Philosophy also plans to launch an unbranded TV public service announcement campaign, although it may also adopt a branded campaign later.
Jack Neff, "Coty's Philosophy Brand Commits To Cause Largely Ignored By Marketers", Advertising Age, November 19, 2014, © Crain Communications
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Avon Reorganizes Latin America Management To Improve Financial Performance

November 18, 2014: 12:00 AM EST
Avon has shaken up its management team in the top-producing Latin America region, and in corporate marketing, to buttress its multi-year turnaround strategy. The company divided Latin America management responsibilities between David Legher, senior vice president and president of Avon Brazil, and Fernando Acosta, senior vice president and president, Latin America. Acosta will keep responsibility for North Latin America and the Andean Cluster. Latin America represents more than half of Avon’s annual revenue. Current chief marketing officer Patricia Perez-Ayala will be leaving Avon effective January 2, 2015.
"Avon Revises Management Structure in Support of Turnaround Plan", News release, Avon, November 18, 2014, © Avon Products, Inc.
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Estee Lauder Resumes Brand-Acquiring Mode

November 17, 2014: 12:00 AM EST
Estee Lauder Cos. is again seeking to acquire smaller beauty brands after four years of absence in the mergers and acquisitions market. In October 2014, the cosmetics giant bought fragrance company Le Labo, premium skin-care brand Rodin Olio Lusso, and, recently, Editions de Parfums Frederic Malle. Market analysts predict Estee Lauder, which reported $11 billion in revenue in 2013, would continue acquiring beauty brands to help boost its sales. Although the company is expanding its product offerings by launching products in the men's grooming, facial masks, and other categories, buying other brands will help the company achieve its 6 percent sales growth for its June 2015 fiscal year.
Adrianne Pasquarelli, "Estee Lauder plans more than cosmetic changes", Crain’s, November 17, 2014, © Crain Communications
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Revlon Launches Marketing Campaign Aimed At Reviving Brand

November 16, 2014: 12:00 AM EST
Revlon Inc. announced its “Love is on” marketing campaign for its Revlon brand of cosmetics. Produced by advertising agency AR New York, the campaign includes TV commercials, print and digital advertisements, and social media. Also incorporating interactive billboard in Times Square, the campaign aims to help the company “regain its momentum” and compete with market leaders, such as Estee Lauder and L'Oreal.
Stuart Elliott, "To Reconnect With Consumers, Revlon Looks for Love", New York Times, November 16, 2014, © The New York Times Company
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Birchbox Launches Beauty Subscription Service In Canada

November 13, 2014: 12:00 AM EST
Online beauty retailer Birchbox launched its samples subscription service in Canada. Creating a website exclusively targeting Canadian consumers, the company operates an e-commerce business supported by samples and consumer-focused lifestyle content. Its subscribers, which now stand at 800,000, receive samples of personal care products for women, including haircare products, makeup, and nails care. Subscribers can purchase full-size versions of the products from the company's online store.
Deanna Utroske, "E-commerce beauty company Birchbox launches in Canada", CosmeticDesign.com, November 13, 2014, © William Reed Business Media SAS
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China-Korea Pact Means Stronger Cosmetics Trade

November 12, 2014: 12:00 AM EST
China and South Korea signed a preliminary agreement that will remove tariffs on more than 90 percent of products traded between the two countries. Expected to become a formal treaty in 2015 once both countries acquire domestic legislative ratification, the proposed law will cover various consumer products, including cosmetics and personal care. Under existing trading regulations in China, South Korean cosmetics are assessed with tariffs as high as 130 percent, which puts them in the luxury and high-end market.
Simon Pitman, "China and Korea agree on legislation likely to boost cosmetics trade", Cosmetics Design Asia , November 12, 2014, © William Reed Business Media SAS
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Promotions No Longer Enough To Boost Sales Of Personal Care Products, Analysts Say

November 10, 2014: 12:00 AM EST
Promotion campaigns are becoming less effective in driving retail sales of personal care products, according to market analysts. For example, sales of personal care products slowed down across Europe in 2013, with growth rate falling by -0.2 percent in terms of value to just below €28 billion, while volume sales were flat, according to IRI. Data revealed that “on average every third product in personal care is sold on deal”. Deodorants and sun preps are the most heavily promoted products. In Europe, more than 43 percent are sold on deal, and 57 percent for sun preps in the United States.   Retailers in the UK offer the highest volume on deal, with 56 percent of products sold via promotional activities.
Emily Mayer, IRI, "Have Consumers Had Enough of Promotions?", Happi.com , November 10, 2014, © Rodman Media
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Saudi Arabia's Beauty Market Continues Growth, Attracts Foreign Companies

November 7, 2014: 12:00 AM EST
Saudi Arabia's cosmetics market is the largest in the Middle East, valued at more than SR60 billion annually, and is enticing foreign companies to invest in the country. Market growth is driven by large disposable income, a young population, a large presence of multinational beauty brands, and a continuously expanding retail sector. On average, the country's women, who account for 42 percent of the national population, spend SR14, 256 annually on cosmetics, according to Euromonitor. During the past four years, large retailers, such as the UK's Boots and the United States' Bath & Body Works, have launched their operations in the Kingdom. L'Oreal, for its part, expanded its product offering and introduced cosmetics supplements in 2012.
"Booming KSA beauty market attracts investors", Arab News, November 07, 2014, © Arab News
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Shiseido Joins UN's Global Compact 100 Stock Index

November 7, 2014: 12:00 AM EST
Shiseido Co., Ltd., said it has been chosen as one the companies included in the United Nations Global Compact 100 stock index for the second straight year. Created by the UN Global Compact in collaboration with Europe-based research firm Sustainalytics, the stock index includes companies based on their compliance with the agency's 10 principles and “executive leadership commitment and consistent base-line profitability.” Companies signatory to the initiative are obliged to support the UN agency's 10 principles covering human rights, labor, environment, and anti-corruption. They must also support an international platform for achieving sustainable development.
"Shiseido Selected for “UN Global Compact 100” for the second consecutive year", Shiseido, November 07, 2014, © Shiseido Co.,Ltd.
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