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Trusted Brands In 40+ Product Categories Listed By Reader’s Digest

May 16, 2017: 12:00 AM EST
An online survey of 5,500 American consumers found that 49 percent are less trusting of brands these days. The survey, conducted by Reader’s Digest, sought to find the most trusted brands in 40 product categories, including food and beverage, beauty and healthcare, retail, etc. According to the company, which awards a “Trusted Brand seal of approval” to products, the survey found that trust outweighs product pricing and trust ensures customer retention and brand loyalty. (It doesn’t, however, equate with top sales: Ford is ranked as most trusted car company, but GM is the top seller.) More than half of participants said the Reader’s Digest seal of approval would increase their likelihood of trusting a brand.  [Image Credit: © Reader's Digest ]
"Reader’s Digest Annual Survey Determines the Most Trusted Brands in America", News release, Reader's Digest, May 16, 2017, © Reader's Digest
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UK's Prestige Beauty Market Posts Strong Growth In 2016, NPD Says

May 15, 2017: 12:00 AM EST
In 2016, sales of prestige beauty products in the UK rose 4 percent to ₤2.55 billion, according to The NPD Group. Data from the market research firm revealed sales of prestige beauty products grew the most in Liverpool at 15 percent, with London and Birmingham posting 9 percent and 8 percent, respectively. Liverpool consumers bought 30 percent and 6 percent more makeup and women's skincare products, respectively.
Fiona Briggs , "Prestige beauty product sales grow by 15% in Liverpool as regional cities trade up, NPD Group reports", Retail Times , May 15, 2017, © RetailTimes.co.uk
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L'Oreal Paris Adds Elle Fanning To Lineup Of International Ambassadors

May 15, 2017: 12:00 AM EST
L'Oreal Paris has named actress Elle Fanning as the beauty brand's latest international ambassador. As part of her duties, Fanning will walk the red carpet for L'Oreal Paris at the 2017 Cannes Film Festival. For the past 20 years, L'Oreal Paris has been the film festival's official cosmetics partner.
Jennifer Weil, "EXCLUSIVE: Elle Fanning Named International Spokesperson of L’Oreal Paris", Women’s Wear Daily, May 15, 2017, © Penske Media Corporation
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L'Oreal Partners With Suez To Improve Sustainability And Resource Management

May 12, 2017: 12:00 AM EST
L'Oreal said it plans to improve water usage at some facilities and expand reuse and recycling of waste by improving materials recovery at all company sites. To help achieve this goal, L'Oreal will be working with sustainable resources management company Suez to develop processes that will enhance resource management at all industrial, administrative, and research centers in France and overseas. According to L'Oreal, its partnership with Suez will help the beauty brand achieve its objective of becoming a “circular economy,” integrating biodiversity, ecodesign, digitalization, and material reuse to its business operations.
Jennifer Hermes, "Like Other Cosmetic Giants, L’Oreal Chases ‘Circular Economy,’ Improved Water/Carbon Footprint", Environmental Leader, May 12, 2017, © Environmental Leader ® is a registered trademark of Business Sector Media LLC
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Givaudan Lays Foundation For New Fragrance Encapsulation Facility In Singapore

May 9, 2017: 12:00 AM EST
Givaudan Fragrances has started building a fragrance encapsulation facility in Singapore. According to the company, the planned facility is expected to improve the company's leadership position in encapsulation technology, as well as expand its production capabilities. Company CEO Gilles Andrier said, the investment will help the company achieve its 2020 strategy objectives. Expected to have 500 sq. meters with four levels, the planned facility will include a development laboratory, manufacturing technology, offices, and a warehouse.
"Givaudan Continues Investments in Asia Pacific", Givaudan, May 09, 2017, © Givaudan
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Popular Beauty Brands Fail Ethics Test, Ethical Consumer Magazine Says

May 8, 2017: 12:00 AM EST
Popular and leading beauty brands have failed a corporate ethics analysis by the Ethical Consumer magazine. Focused on workers' rights, environmental policies, and animal testing, the test revealed that even brands perceived by consumers as ethical were actually guilty by association with their parent companies. Some brands sold by retailer Boots were rated poor because parent company Walgreens Boots Alliance does not require suppliers to ban animal testing. LVMH's beauty brand Benefit got a terrible score of 1.5 points out of 20 for its parent company's refusal to join the Roundtable on Sustainable Palm Oil.
Siofra Brennan, "How ethical is YOUR Makeup Bag? Report Delivers A Damning Verdict on Popular Brands Like Boots, Superdrug and Benefit Because of their Parent Firms' Policies Around Animal Testing and the Environment", Daily Mail, May 08, 2017, © Associated Newspapers Ltd
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Symrise Announces Synthetic Fragrance Copy Of Scent Of Lily Of The Valley

May 8, 2017: 12:00 AM EST
Fragrance developer Symrise announced it has developed Lilybelle, a synthetic fragrance with fresh and transparent notes very similar to those of the lily of the valley. Lily of the valley are easy to cultivate; however, its flowers are delicate and offer very low yields. Also, its scent is very difficult to acquire with enough efficiency either through steam distillation or volatile solvent extraction. Perfume houses have been investing significantly to develop alternatives to existing synthetic molecules, such as Lyral or Lillial, which have been withdrawn from the market due to public health issues.
Vincent Gallon, "Perfumes: Symrise Innovates with a Lily of the Valley Note from Sustainable Sources", Premium Beauty News, May 08, 2017, © Premium Beauty News
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Essie Announces Wild Nudes Collection Of Nail Polish

May 5, 2017: 12:00 AM EST
Nail care and styling brand essie launched its wild nudes collection of nail polish products. Highlighting the season's “trendiest look,” which is nude nail art, the nail polish products come with neutral colors described by the brand as “untamed, fierce and sexy.” Variants include the skinny dip, described by the company as “light peach pink with a slight hint of black”; bare with me, apricot tone with gray cast; and wild nude, light tan with a wash of white.
"Essie Introduces New Wild Nudes Collection", PR Newswire, May 05, 2017, © PR Newswire Association LLC
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Global Beauty And Personal Care Markets Grew In 2016, Report Says

May 5, 2017: 12:00 AM EST
In 2016, the world market for beauty and personal care products grew 5 percent, compared with the previous year, according to the 2017 edition of Euromonitor International. Data from the market research firm revealed that, for the second consecutive year, the premium segment of the market performed better than the mass market by almost 6 percent. Brazil and Russia grew 4.8 percent and 9.8 percent, respectively, restoring the countries as among the strongest growth markets. Also, India and Indonesia posted growth, jumping 9.2 percent and 10.6 percent, respectively. Color cosmetics grew 7.2 percent, adding to the 6 percent growth the segment posted in 2015.
Nicholas Micallef, "Reimagining Growth in the Global Beauty Industry", Euromonitor International, May 05, 2017, © Euromonitor International
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Sally Beauty President Sharon Leite Leaves Company

May 5, 2017: 12:00 AM EST
Sally Beauty Holdings announced Sharon Leite's resignation as president of the company's Sally Beauty chain of beauty and personal care stores effective May 1, 2017. According to the company, it has tasked an executive search firm to find Leite's successor and that, for the meantime, CEO Chris Brickman will act as the business unit's president.
Maria Halkias, "Sally Beauty Looking for a New President after Sharon Leite Resigns", The Dallas Morning News, May 05, 2017, © The Dallas Morning News Inc.
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Revlon Says Net Sales Jumped 35.3 Percent In 1Q 2017

May 5, 2017: 12:00 AM EST
Beauty brand Revlon, Inc., reported net sales jumped 35.3 percent to $594.9 million in the first quarter of 2017, compared with the same quarter in 2016. On a pro forma basis, however, the company's net sales dropped 5.8 percent during the period. Also, the company reported an operating loss of $42.5 million, compared with the operating income of $35.8 million in the previous year. Revlon said it suffered net loss of $37.4 million, compared with a net income of $11 million in the same quarter of 2016.
"Revlon Reports First Quarter 2017 Results", Revlon , May 05, 2017, © Revlon Consumer Products Corporation
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Avon CEO McCoy Faces Ouster Calls From Activist Investor

May 4, 2017: 12:00 AM EST
Avon Products Inc. chief executive officer Sheri McCoy is facing calls for her dismissal from the cosmetics direct-selling company from activist investors Barington Capital Group LP and NuOrion Partners AG. Together, the investors own more than 3 percent of the company. Their calls for a faster turnaround and new CEO came after Avon reported an adjusted loss of 7 cents per share, which caused the stock to drop 22 percent to $3.62.
 
David Benoit, "Activist Investor Seeks Ouster of Avon CEO", Market Watch, May 04, 2017, © MarketWatch, Inc.
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Ulta Beauty Sees Better Stock Market Performance Following Surge In Estee Lauder's 3Q Profits

May 3, 2017: 12:00 AM EST
Shares of cosmetics retailer Ulta Beauty rose 0.6 percent to 290.36 on the stock market. Beauty conglomerate Estee Lauder's profit performance in the third quarter helped boost the retailer's stock. Also, specialty beauty retailers, including Ulta and Sephora, are popular among younger consumers.
Elaine Low, "Ulta Beauty Shares Break Out As Estee Lauder Pops On Earnings", Investor's Business Daily, May 03, 2017, © Investor's Business Daily, Inc.
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Estee Lauder Posts Strong Sales Growth In 3Q 2017

May 3, 2017: 12:00 AM EST
Estee Lauder Cos. Inc. reported net sales grew 7.5 percent to $2.86 billion the third quarter ending March 31, 2017, compared with the same quarter of the previous year. With average analyst estimate at $2.81 billion, the company's revenue performance for the quarter marks the first time it has performed better than forecast in four consecutive quarters. According to the company, net earnings attributable to Estee Lauder jumped to $298 million, or 80 cents per share, from $265 million, or 71 cents per share, in the previous year. Also, the company said sales numbers for the quarter were boosted by its acquisition of Too Faced and BECCA brands.
Richa Naidu, "Millennial Push Adds Shimmer to Estee Lauder Sales", Sharenet, May 03, 2017, © Thomson Reuters/SHARENET (PTY) Ltd
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L'Oreal Paris Joins Forces With Balmain To Create Lipstick Collection

May 3, 2017: 12:00 AM EST
L'Oreal Paris is working with fashion house Balmain to create a capsule collection of the beauty brand's Colour Riche lipsticks. To be launched in September 2017, the collection will feature 12 new shades designed under Balmain creative director Olivier Rousteing and will be divided into three color themes. Rousteing is known for seeking to make his designs available to as many people as possible.
Lisa Niven, "Balmain Collaborates With L'Oréal Paris", Vogue, May 03, 2017, © Condé Nast UK
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Laneige Names Kingdom Digital Its Social Media Agency In Malaysia

May 2, 2017: 12:00 AM EST
Korean beauty brand Laneige's Malaysia business has awarded its digital and social media accounts to Kingdom Digital, following a competitive pitch in December 2016. Part of the digital media agency's responsibilities will include handling the brand's digital marketing initiatives. In particular, Kingdom Digital will take care of developing digital strategies, creating content, and conceptualization of creative campaigns.
Monisha Rao, "Laneige Appoints New Digital and Social Media Agency", Marketing-Interactive, May 02, 2017, © Marketing-Interactive.com. Lighthouse Independent Media Pte Ltd.
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Kao Partners With Hakuhodo Singapore To Launch Local Campaign For Biore UV Body Care Serum

May 2, 2017: 12:00 AM EST
Kao Singapore worked with Hakuhodo Singapore to launch a marketing campaign, promoting the Biore UV Body Care Serum personal care product. Aimed at office ladies, the campaign includes interactive educational content designed to let consumers take part in the “storytelling process.” For its mobile components, the campaign also features real-time engagement and marketing messages on conventional media.
Vivienne Tay, "Kao Singapore works with Hakuhodo to Promote Biore’s UV Protection Serum", Marketing-Interactive, May 02, 2017, © Marketing-Interactive.com. Lighthouse Independent Media Pte Ltd.
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MAC Cosmetics Partners With Korean Fashion Designers To Create Makeup Collection

May 2, 2017: 12:00 AM EST
M∙A∙C Cosmetics collaborated with Korean fashion designers Steve J. & Yoni P. to create a makeup collection inspired by the city of Seoul. Featuring fancy popular-art designs, the cosmetics collection will be available starting in June 2017 both online and in some stores. Famous for their popular-art-heavy style, the designers have come up with a collection highlighting “warm neutrals and joyful pinks.” Included in the collection are four lipsticks, mascara, eye color and eye shadows.
"Steve J. & Yoni P. Bring K-Pop Vibes to M.A.C Cosmetics Collab", The Sun Daily, May 02, 2017, © Sun Media Corporation Sdn. Bhd
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Israel Wages War Against High Prices Of Beauty And Personal Care Products

April 28, 2017: 12:00 AM EST
Israel’s Economy Ministry is aiming to reduce prices of imported beauty and personal care products. Following the government agencies’ efforts to rein in prices of consumer products, including meat and cellphones, the Ministry is eyeing importers of cosmetics, toiletries, and other personal care products who, the government says, are charging local consumers more than residents of other countries. Results of a study by the Ministry revealed prices of beauty and personal care products in Israel are often the highest in the countries, including the 12 European Union countries, covered by the study. According to the government, a lack of free market and competition is a major cause of the high prices.
Dror Halavy, "Ministry: Personal Care Products Next on ‘Price War’ List", Hamodia, April 28, 2017, © Hamodia Corp.
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Avon Launches Make Up Marathon Campaign In India

April 28, 2017: 12:00 AM EST
Beauty brand and direct-selling company Avon has announced its first Make Up Marathon event in India. With Avon promoting and running the event on social media in April 2017, the Avon True Make Up marathon campaign will have its highlight with the launch of a Beauty Look Book, the company said. As part of the campaign, Avon is hosting contests and calling on women to share their looks with the brand.
Napson Fernandes, "Beauty Brand AVON Announces the First Ever Beauty Make Up Marathon", Pocket News Alert, April 28, 2017, © Pocket News Alert
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Maybelline Chooses Fashion Model K Naomi As 2017 "It Girl"

April 28, 2017: 12:00 AM EST
Maybelline has selected South African fashion model and TV personality Keitumetse Naomi Noinyane, also known as K Naomi, as the beauty brand's “It Girl” for 2017. Also the first African female brand ambassador for Reebok, Naomi got the job after auditioning for Maybelline's new YouTube web series. At the same time, she is a full-time student.
Liam Karabo Joyce, "K Naomi the new Maybelline 'It Girl'", Independent Online (South Africa), April 28, 2017, © Independent Media and affiliated companies.
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Fast-Growing U.K. Beauty Services Venture Gets Cash Infusion From Unilever

April 27, 2017: 12:00 AM EST
Unilever Ventures is putting $4.5 million into rapidly expanding London-based on-demand beauty services provider Blow Ltd. to facilitate the company’s expansion to other U.K. cities and to the Continent. Blow, which has been expanding at a rate of 20 percent a month, is based on an advanced technology platform that allows customers to book time-saving, at-home beauty appointments using its website or smartphone app. The company calls it a reinvention of the service experience that also creates a new product distribution channel. Three-fourths of the app users are busy women looking to save time by having beauticians, manicurists, etc., come to the home. [Image Credit: © Blow Ltd ]
Natalie Theodosi, "Britain’s Blow Secures Unilever Ventures Investment, Plans Expansion", Women’s Wear Daily, April 27, 2017, © Penske Media Corporation
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Estee Lauder SVP Mahon Shares Importance Of Timely And Proactive Interaction When Communicating Sustainability Goals With Customers

April 26, 2017: 12:00 AM EST
One of the biggest issues and challenges a company has to deal with when creating a sustainability plan include “identifying what sustainability means” for the brand, according to The Estee Lauder Companies SVP of global corporate citizenship and sustainability, Nancy Mahon. Brands need to “communicate proactively” with their target audience to highlight their areas of differentiation. Companies need to interact with their customers when and where they are, including online and through social media. Regular communication with customers “maintains a positive corporate reputation,” Mahon added.
Deanna Utroske, "Estée Lauder Companies Shares Sustainability Best Practices, Part 2", CosmeticsDesign.com | USA, April 26, 2017, © William Reed Business Media SAS
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Shiseido's Prestige Brand Cle De Peau Beaute Opens Ginza Store

April 27, 2017: 12:00 AM EST
Shiseido Group's prestige brand Cle de Peau Beaute opened its brand store Cle de Peau Beaute Ginza Six in Ginza Six, a commercial complex in Tokyo. Located in the country's prime shopping address, the store is designed to represent the brand's value described by the company as the combination of beauty and science. In partnership with architect Tsuyoshi Tane, the brand came up with the design concept it calls “Brilliant Cell” for the store.
"Cle de Peau Beaute: New brand shop in Ginza Six to offer unique experiences", Shiseido, April 27, 2017, © Shiseido Company, Limited
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Procter & Gamble Posts Weaker Sales, Earnings In 3Q Of Fiscal Year 2017

April 26, 2017: 12:00 AM EST
Procter & Gamble Company said net sales declined 1 percent to $15.6 billion in the third quarter of fiscal year 2017, compared with the same quarter in the previous year. Organic sales increased 1 percent, with diluted net earnings per share dropped 4 percent to $0.93 from the previous year. Core earnings per share increased 12 percent to $0.96. Operating cash flow was $3.0 billion, the company said.
"P&G Announces Third Quarter Earnings", Procter & Gamble, April 26, 2017, © Procter & Gamble
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Shiseido Joins UN Women To Promote Gender Equality In Japan

April 26, 2017: 12:00 AM EST
Shiseido Company, Limited, has agreed to partner with the United Nations Entity for Gender Equality and the Empowerment of Women to lead the promotion of gender equality in Japan. According to the partners, they have reached an agreement because they “pursue the same cause.” Shiseido supports women's advancement, while the UN Women campaigns for gender equality worldwide. As part of its support for gender equality, Shiseido will launch gender education programs for the country's younger generation.
"Shiseido Signs Agreement with UN Women to Lead the Promotion of Gender Equality in Japan", Shiseido, April 26, 2017, © Shiseido Company, Limited
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Shiseido Supports UN Women's Campaign For Gender Equality In Japan

April 26, 2017: 12:00 AM EST
Shiseido Company has agreed to collaborate with the United Nations Entity for Gender Equality and the Empowerment of Women to lead the promotion of gender equality in Japan. According to the partners, they have reached an agreement because they “pursue the same cause.” Shiseido supports women's advancement, while the UN Women campaigns for gender equality worldwide. As part of its support for gender equality, Shiseido will launch gender education programs for the country's younger generation.
Natasha Spencer, "Gender Equality in Japan Drives Shiseido’s Latest Agreement", CosmeticsDesign-Asia.com, April 26, 2017, © William Reed Business Media SAS
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Estee Lauder's Sustainability Initiatives Involve Making Hard Choices Today For A Better Tomorrow

April 25, 2017: 12:00 AM EST
For The Estee Lauder Companies, sustainability means “making the smart (and sometimes difficult) choices today” in order to help create a better, more beautiful, and lasting world in the future, according to SVP of global corporate citizenship and sustainability, Nancy Mahon. Beauty brands need to integrate sustainability efforts into their business model to heed the call of consumers, employees, and investors for companies to behave responsibly and consciously with regards to the environment, Mahon said. Also, sustainability initiatives create the most value when they are “effectively and efficiently” implemented across the product's life cycle, she added.
Deanna Utroske, "Estée Lauder Companies Shares Sustainability Best Practices, Part 1", CosmeticsDesign.com | USA, April 25, 2017, © William Reed Business Media SAS
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Consumers In Spain Spent Less On Beauty Products In 2016, Kantar Worldpanel Says

April 25, 2017: 12:00 AM EST
In Spain, consumer spending on beauty products declined 3 percent to €147 in 2016, compared with the average spend in 2015, according to Kantar Worldpanel. Data from the market research firm's report, Personal Care Consumer Panel, a total of 32.5 million consumers, female and male and older than 15 years, purchased at least one beauty product in 2016. Also, data showed that the decline in spending on beauty products was partly caused by a “simplification of beauty and hygiene routines.”
Rosa Pilar López, "Spaniards spend € 147 a year on beauty products", Kantar Worldpanel , April 25, 2017, © Kantar Worldpanel
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Shiseido's Clinical Trial Shows Retinol Products Improve Skin Wrinkles

April 25, 2017: 12:00 AM EST
Retinol active ingredients have “positive effect and efficacy” in improving skin wrinkles, according to Shiseido. Results of a clinical trial conducted by the beauty brand revealed that “retinol-formulated products” come with features that improve skin wrinkles. With Japanese women aged 37-54 who had shallow to deep wrinkles at their eye corners as study subjects, the clinic trial involved the women using the products for nine weeks. After the usage period, skin wrinkles showed improvement compared with those of women who used non-retinol products.
Natasha Spencer, "Shiseido Reveals Wrinkle Improving Capabilities of Retinol Formulation", CosmeticsDesign-Asia.com, April 25, 2017, © William Reed Business Media SAS
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JCPenney And Sephora Plan To Open More Sephora Inside JCPenney Locations

April 24, 2017: 12:00 AM EST
JCPenney and Sephora expanded their partnership to open 70 new Sephora inside JCPenney stores and 32 expansions starting on May 5, 2017. First launched in 2006, Sephora inside JCPenney is a beauty retail concept that features carefully selected cosmetics and personal care brands available in JCPenney branches. In 2017, almost 650 JCPenney stores feature the retail concept.
"JCPenney Partners with Sephora to Expand Beauty Retail Offerings with 70 New Locations and 32 Expansions Nationwide", J.C. Penney, April 24, 2017, © J.C. Penney Corporation, Inc.
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L'Oreal Looks At Artificial Intelligence To Improve Customer Interactions

April 24, 2017: 12:00 AM EST
Beauty brand L'Oreal has collaborated with Automat Technologies to create beauty services designed for the Facebook Messenger social media and messaging platform. Chief digital officer Lubomira Rochet said the company's focus on Messenger bots is the latest illustration of L'Oreal's “service strategy.” Rochet added, the company believes combining conversational marketing and commerce with artificial intelligence will enable L'Oreal to personalize conversations with customers. Believing AI will have an impact as great as the internet, Rochet said AI will power the company's interactions with consumers, including advertising, CRM, and ad serving.
Leonie Roderick , "L’Oreal on why artificial intelligence is ‘a revolution as big as the internet’", Marketing Week , April 24, 2017, © Centaur Communications Ltd (a member of the Centaur Media plc group)
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Online
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Canada
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L'Oreal USA Starts Building Commercial Solar Array In Kentucky

April 20, 2017: 12:00 AM EST
L’Oreal USA started building a commercial solar array at its manufacturing plant in Florence, Kentucky. Expected to be completed by September 2017, the array will feature 4,140 solar panels. L’Oreal USA expects the solar array, which is being built by contractor Scenic Hill Solar, will give the company 1.42 megawatts of renewable solar power, locking in electricity costs for the next 30 years.
Barrett J. Brunsman, "P&G competitor begins construction of massive Greater Cincinnati solar project", Cincinnati Business Courier, April 20, 2017, © American City Business Journals
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Unilever Posts Strong Revenue Gains In First Quarter Of 2017

April 20, 2017: 12:00 AM EST
Unilever PLC reported revenue jumped 6.1 percent to €13.3 billion in the first quarter of 2017, compared with the same quarter in 2016. According to the company, underlying sales rose 2.9 percent, higher than analyst forecasts of 2 percent. Underlying sales in emerging markets increased 6.1 percent, with price up 5.3 percent and volume 0.8 percent higher. Unilever said it has increased its quarterly dividend by 12 percent to €0.3585 per share.
"Unilever Trading Statement First Quarter 2017", Unilever, April 20, 2017, © Unilever
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Suave Professionals Launches Campaign Featuring "Fake" High-End Haircare Products

April 19, 2017: 12:00 AM EST
Unilever's Suave Professionals haircare brand launched the “evaus” marketing campaign. Featuring evaus, a fictional high-end brand of haircare products that were actually Suave products, the campaign aimed to prove that consumers do not need to pay a higher price for quality haircare products. As part of the campaign, Suave sent bottles of evaus products to millennial beauty influencers who tried and liked the products after using them for two weeks.
"Introducing “Evaus” Premium Hair Care ", MultiVu, April 19, 2017, © MultiVu
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Asian-Americans Top Buyers, Users Of Beauty Products

April 19, 2017: 12:00 AM EST
Asian-Americans spend more on skincare on average than other consumers around the world, and 70% more than the average American. They also spend more than the average consumer globally on perfume, cosmetics and hair care, according to research from LondonEconomic.com. Asian-Americans are choosing premium skincare products, such as face cream made with snail extract in South Korea and now available in the US. Average expenditure on health in the US is higher than in other countries, but although the US tops the list of the number of people undergoing cosmetic surgery, for either medical or aesthetic purposes, the percentage of the population choosing surgery is higher for South Korea. The US ranks highest for average expenditure by men and women on cosmetics, with Japan second, and it ranks top for usage, with Japan top in Asia. [ Image credit: Image Source ]
Jess Young, "What Nation Is The Most Beauty Obsessed?", TheLondonEconomic.com, April 19, 2017, © TheLondonEconomic.com
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Germany

Procter & Gamble Expands Browns Summit Warehouse Serving Bryan Road Factory

April 19, 2017: 12:00 AM EST
Procter & Gamble Co. is investing $8.89 million to expand a warehouse in Browns Summit used for storage of raw materials used in the manufacture of oral care and antiperspirants and deodorants at the Bryan Road factory. According to company spokesman Jeff LeRoy, the planned 22,000-square-foot addition is expected to be completed by December 2017.
John Brasier, "Procter & Gamble's Triad plant gets $8.89M warehouse expansion", bizjournals.com, April 19, 2017, © American City Business Journals
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Procter & Gamble Appoints Javier Polit As CIO

April 19, 2017: 12:00 AM EST
Procter & Gamble said it has appointed Javier Polit as its new chief information officer, succeeding Linda Clement-Holmes, who is retiring after 35 years with the company. Before joining P&G on April 17, 2017, Polit was global CIO for The Coca Cola Company's Bottling Investments Group, a position he held since 2007. Polit's projects at BIG included the deployment of a salesforce automation system and cashless payment systems.
Clint Boulton , "Procter & Gamble names Coke IT vet as new CIO", CIO , April 19, 2017, © IDG Communications, Inc.
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BEAUTY BUSINESS
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Unilever Nigeria Posts Strong Sales, Profit Gains In 1Q 2017

April 19, 2017: 12:00 AM EST
Unilever Nigeria Plc reported sales jumped 32 percent to N22.2 billion in the first quarter of 2017, compared with N16.8 billion in the same quarter of 2016. Profit after tax reached N1.6 billion, with operating costs rising 31 percent to N19.4 billion.
"Unilever Nigeria Q1 results show continued strong growth", Guardian , April 19, 2017, © Guardian Newspapers
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BEAUTY BUSINESS
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Middle East- Africa
Nigeria

Vietnam Shows Remarkable Market Growth For Imported Cosmetics

April 18, 2017: 12:00 AM EST
The Vietnam market for imported cosmetics has shown remarkable growth over the past five years, helping the Vietnamese beauty industry to flourish. Data from the Trade Map of the International Trade Center (ITC) and the World Bank show that the value of imported cosmetics entering Vietnam grew from USD500 million in 2011 to over USD1.1 billion in 2016. Sales are predicted to hit USD2.2 billion by 2020. Perfume and makeup top the list of cosmetics products imported to Vietnam from neighboring countries, like Singapore, Thailand and Korea, as well as from the EU. While cosmetics imports from Italy and France have declined, Vietnam is importing more from Spain, Germany and Ireland. The Vietnam beauty market, comprising mostly women aged 15 to 39, who are getting better access to updated market trends and information, has attracted more players. This year, Vietnam is organizing for the second time the only beauty tradeshow in Southeast Asian region; vietbeauty2017 will be held from the 23rd to 25th of August. Set to be the most comprehensive beauty platform for beauty industry professionals, the event is expected to showcase beauty brands from various countries around the world. [ Image credit: Henn Photography ]
"Vietnamese People Spent Billions of Dollars on Imported Cosmetics", PR Newswire, April 18, 2017, © PR Newswire
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Viet Nam

Coty Names Sabine Chalmers Member Of Board Of Directors

April 18, 2017: 12:00 AM EST
Coty Inc. said it has appointed Sabine Chalmers to the beauty and personal care products company’s board of directors. With 25 years of senior management experience in the international consumer goods business, Chalmers will also serve on the board’s Audit and Finance Committee.
"Coty Appoints Sabine Chalmers To Its Board Of Directors", Coty , April 18, 2017, © Coty Inc.
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BEAUTY BUSINESS
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Sephora Buys Turkey's Cosmetics Retailer Tekin Acar

April 18, 2017: 12:00 AM EST
Beauty company Sephora has acquired Turkey-based cosmetics retailer Tekin Acar. Subject to approval by the country's Competition Board, the sale came several months after Tekin Acar chief executive Tekin Acar revealed his company and the market were “facing difficulties.” According to the executive, a growing number of local retailers are having financial difficulties.
"France’s Sephora acquires Turkey’s Tekin Acar Cosmetics", Hurriyet Daily News, April 18, 2017, © Hurriyet Daily News
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Turkey

Johnson & Johnson Posts Stronger Sales Numbers In 1Q 2017

April 18, 2017: 12:00 AM EST
Johnson & Johnson said sales increased 1.6 percent to $17.8 billion in the first quarter of 2017, compared with the same quarter in 2016. Operational sales results rose 2.0 percent, with negative impact of currency fluctuations at 0.4 percent, the company said. International sales increased 2.8 percent, with operational growth at 3.6 percent and negative currency impact of 0.8 percent. Global sales rose 1.2 percent, with domestic sales declining 0.7 percent and international sales rising 3.4 percent, the company said.
"Johnson & Johnson Reports 2017 First-Quarter Results", Johnson & Johnson, April 18, 2017, © Johnson & Johnson Services, Inc.
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BEAUTY BUSINESS
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Worldwide
North America
United States of America

L'Oreal Posts Strong Revenue Growth In 1Q 2017

April 18, 2017: 12:00 AM EST
L’Oreal SA said revenue jumped 8 percent to €7.05 billion in the first quarter of 2017, boosted by strong sales in the Asian and North American markets. According to the French cosmetics and personal care products company, sales of luxury products also drove the revenue growth during the period. Like-for-like sales rose 4.2 percent, with net impact of changes on consolidation at 0.9 percent, the company added. Growth at constant currency exchange rates was at 5.1 percent, with currency changes positively impacting revenue at 2.4 percent.
"L'Oreal First quarter 2017 sales", L'Oréal, April 18, 2017, © L'Oréal
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BEAUTY BUSINESS
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EMEA
Europe
France

Eclair Naturals Launches Ad Campaign Highlighting Women's Confidence In Their Skin

April 17, 2017: 12:00 AM EST
Eclair Naturals said it has launched the NeverAny, an integrated advertising campaign created in partnership with MARC USA. According to the hair and body care brand, the campaign features images of women shot by leading international fashion photographer Ruven Afanador. Those images highlight women's confidence in their natural skin, as well as promote awareness about harmful ingredients included in personal care products.
"Éclair Naturals Has Nothing To Hide!", PR Newswire, April 17, 2017, © PR Newswire Association LLC.
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BEAUTY BUSINESS
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Skin
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Procter & Gamble Says To Invest $100 Million In Singapore Digital Innovation Center

April 17, 2017: 12:00 AM EST
Procter & Gamble said it plans to invest $100 million over the coming five years in building its P&G Singapore E-Center, the company’s first digital innovation center outside the US. Highlighting P&G’s commitment to Singapore, the proposed facility will play an important role in the company’s digital innovation efforts covering supply chain management, e-analytics, and e-business. P&G plans to train 40 employees during the center’s first year of operations. Also, the center will help the company expand its partnerships with small and medium enterprises in the country.
Ann Williams, "Procter & Gamble to invest US$100m in Singapore digital innovation centre, its first outside US", Straits Times, April 17, 2017, © Singapore Press Holdings Ltd.
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BEAUTY BUSINESS
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Revlon Appoints Christopher Peterson COO For Operations

April 17, 2017: 12:00 AM EST
Revlon, Inc., said it has appointed Christopher Peterson as chief operating officer for operations. Effective immediately, Peterson’s appointment includes responsibilities for managing the beauty company’s global supply chain, finance, and IT operations. Prior to joining the company, Peterson served in various senior management positions at Ralph Lauren Corporation. He will be reporting to Revlon president and CEO Fabian Garcia.
"Revlon Names Chris Peterson as its Chief Operating Officer, Operations", Revlon, April 17, 2017, © Revlon Consumer Products Corporation
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BEAUTY BUSINESS
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Worldwide
North America
United States of America

Amorepacific Grabs 7th Spot On WWD's Beauty Top 100 List

April 17, 2017: 12:00 AM EST
Amorepacific Group said the South Korean beauty company was ranked number 7 on the Women's Wear Daily's Beauty Top 100 list of leading beauty brands. In 2016, the company was ranked 12th on the list. WWD ranks beauty companies based on previous fiscal year's sales. Amorepacific first broke into the list's top 20 in 2007.
"Amorepacific Group Ranks 7th on WWD’s Beauty Top 100", Amorepacific, April 17, 2017, © Amorepacific
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South Korea

Procter & Gamble Ireland Posts Weaker Profit In 2016

April 14, 2017: 12:00 AM EST
Procter & Gamble (Manufacturing) Ireland Ltd. reported pretax profit dropped to €11.7 million in the 12-month period ending June 2016 from €12.4 million in the previous year. Turnover at the company, which had a workforce of 600 people at its Newbridge and Nenagh facilities in 2016, increased slightly from €96.7 million to €97.9 million during the period. In 2016, Procter & Gamble transferred ownership of its Nenagh factory to Coty.
"Profits dip at Irish arm of consumer products group Procter & Gamble", Irish Times, April 14, 2017, © Irish Times
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Ireland

Market For Natural Fragrances Forecast To Keep Expanding, Euromonitor International Says

April 13, 2017: 12:00 AM EST
Euromonitor International said the market for essential oils in beauty and personal care products is forecast to expand at a CAGR of 5 percent in Asia-Pacific and 6 percent in the Middle East in 2015 to 2020. According to the market research firm, consumer demand for environment-friendly and healthy lifestyles is helping drive growth in the ingredients market. To meet the increasing demand, market leaders, including Firmenich, Givaudan, and Symrise, are expanding their lineups of natural ingredients.
Maria Coronado, "Natural Fragrances on the Rise", Beauty Packaging, April 13, 2017, © Rodman Media
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BEAUTY BUSINESS
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Fragrances
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