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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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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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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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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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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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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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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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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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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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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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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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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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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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Sephora Names TEC Events Manager For Middle East Market

April 11, 2017: 12:00 AM EST
Beauty retailer Sephora appointed TEC to manage its marketing and other events across the Middle East. TEC's first assignment was the Middle East Sales, Marketing and Operating Conference held in March 2017 at Le Meridien Al Aqah, Fujairah, UAE.
Charlotte Flach, "Sephora appoints TEC", Conference & Incentive Travel, April 11, 2017, © Haymarket Media Group Ltd.
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L'Oreal Paris Partners With The Glam App To Host The Academy Event

April 10, 2017: 12:00 AM EST
Beauty brand L'Oreal Paris is working with mobile on-demand beauty service provider The Glam App to help manage the Academy 2017 event involving 1,900 makeup, beauty, and hair stylists. To be hosted by The Glam App co-founder Joey Maalouf, the Academy event will feature famous beauty professionals, such as L'Oreal Paris celebrity makeup artist Sir John and leading hair stylist Jonathan Colombini. Also, the event will feature a VIP party, which will function as a networking event for stylists sharing tips and trends, and expanding client bases.
"The Glam App Announces Partnership with L’Oréal Paris", Business Wire, April 10, 2017, © Business Wire, Inc.
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Kiko Milano Launches Brazil Business; Opens Two Stores In Sao Paulo

April 11, 2017: 12:00 AM EST
Italian cosmetics brand and retailer Kiko Milano launched its business in Brazil by opening two stores in Sao Paulo. According to the company, it plans to open five more new stores in the country’s capital by the end of 2017. Kiko Milano plans to invest €5 million in the opening of the seven stores in the city, according to Isabel de Almeida, the company’s brand director in Brazil. Legal problems related to importation process forced the company to delay its launch in Brazil, which was previously planned for 2016.
Amanda Veloso, "Kiko Milano Celebrates 20 Years and Adds Brazil to its Global Expansion Strategy", Premium Beauty News, April 11, 2017, © Premium Beauty News
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Coty Gets Rid Of Jennifer Lopez Fragrance Business; Sells License To Designer Parfums

April 10, 2017: 12:00 AM EST
Coty said it has agreed to sell the Jennifer Lopez fragrance business license to Designer Parfums. Part of the company’s efforts to divest 6–8 percent of total revenue, the sale highlights Coty’s focus on brands and categories it believes are “best suited” to its strengths and are likely to offer growth opportunities. For its part, Designer Parfums said it plans to expand the brand and focus on expanding presence in Europe, US, Asia, and Middle East markets.
Allison Collins, "Coty Divests Jennifer Lopez Fragrance", Women’s Wear Daily, April 10, 2017, © Penske Media Corporation
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L'Oreal Plans Review Of Media Account

April 7, 2017: 12:00 AM EST
L’Oreal is reportedly planning to review its media account. With an annual budget of $26.2 million, according to Nielsen, the account is currently managed by Carat after winning it in 2013. L’Oreal is holding initial talks with several media agencies regarding media planning and buying.
Arvind Hickman, "L'Oreal Sounding Out Agencies for $30m Media Review", AdNews, April 07, 2017, © Yaffa Media
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Unilever To Sell Its Margarine, Spreads Unit

April 6, 2017: 12:00 AM EST
Like many big food companies, Unilever is struggling to keep with the times, and with evolving consumer tastes, preferences and health concerns. The latest manifestation of the strategic rethinking, revamping, cost-cutting process – spurred by the failed Kraft Heinz takeover bid in February – is its decision to sell its margarine and spreads business for a price upwards of $7.5 billion. In addition to cost cutting, the Anglo-Dutch multinational hopes to buttress returns by implementing a dividend boost and a share buyback. Unilever’s margarine and spread business includes familiar brands Country Crock and I Can’t Believe It’s not Butter. Other companies that have recently announced plans to divest or acquire businesses include Reckitt Benckiser, Danone SA, ConAgra Brands, Dr Pepper Snapple Group Inc., and PepsiCo Inc.  [ Image credit: © Wikipedia  ]
Denise Roland et al., "Unilever Restructures Amid Food Industry Woes", The Wall Street Journal, April 06, 2017, © Dow Jones & Company, Inc.
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L'Oreal Professionnel Pakistan Enlists Hareem Farooq As Brand Ambassador

April 6, 2017: 12:00 AM EST
L’Oreal Professionnel Pakistan has named actress Hareem Farooq as the company’s brand ambassador in the country. Farooq was included in the brand’s It Looks 2016 global campaign. She will also be one of the brand’s spokespersons for the 2017 campaign.
"Hareem revealed as official local spokesperson for L’Oreal Pakistan", DailyTimes, April 06, 2017, © DailyTimes
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Mary Kay Appoints Lucy Gildea As Chief Scientific Officer

April 6, 2017: 12:00 AM EST
Mary Kay Inc. said it has appointed Lucy Gildea as the company’s chief scientific officer. Assigned to the beauty brand’s global headquarters in Addison, Texas, Gildea will manage Mary Kay’s Global Research and Development operations. Her responsibilities include overseeing the development of new products and expanding the company’s lineup of patents.
"Mary Kay Inc. Names Dr. Lucy Gildea Chief Scientific Officer", Mary Kay, April 06, 2017, © Mary Kay
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Rodan & Fields Is Top Skincare Brand In 2016, Euromonitor Says

April 4, 2017: 12:00 AM EST
Rodan & Fields, LLC, was named the number 1 skincare brand in the US in 2016, by Euromonitor International Ltd. In 2015, the company was ranked number 6. Also, the company, founded by Katie Rodan and Kathy Fields, reported revenue of more than $1 billion in 2016.
"Rodan + Fields Named the #1 Skincare Brand in the U.S.; Announces $1 Billion in Revenue", PR Newswire, April 04, 2017, © PR Newswire Association LLC
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FEATURE: Where Now For Unilever? We Lay Out Our Thoughts And Suggested Response To The Humbling Kraft Heinz Bid

April 2, 2017: 12:00 AM EST
The unexpected and deeply unwelcome Kraft Heinz takeover bid shook  Unilever* to its core. Analysts and commentators expected 3G to use Kraft Heinz as a vehicle for further acquisitions in the food space as it pushed to aggressively cut costs across larger businesses, but Unilever was thought to be above the fray.  In a tacit admission of past failure, Unilever convened a hurried review of ways to boost its valuation and in coming days or weeks we’ll see what this holds. Meanwhile, we have clarified our own thinking about how Unilever should move forward as a vibrant independent company that quickly surfaces its underlying value. You can read a summary of our analysis here and contact us if you want further details.
 
*Disclosure: Unilever is a client of ours, as are most of the companies we list as acquisition targets. Also, our newsletters are read by recipients at all companies mentioned in this piece.
 
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UAE's Market Beauty Keeps Growing Despite Global Slowdown

April 2, 2017: 12:00 AM EST
In the United Arab Emirates, consumers spent $247 per capita on cosmetics and personal care, according to Euromonitor International. Data from the market research firm revealed this figure is forecast to grow to $294 in 2020. According to Euromonitor International analyst Amna Abbas, the global economic slowdown “has made little impact” on the local beauty market. Other signs of the beauty market's resilience include the large increase in number of companies joining the Beautyworld Middle East trade show. Factors driving market growth include the growing popularity of social media, in particular, the Snapchat and Instagram platforms.
Emma E Forrest, "UAE Makes Itself Over as a Cosmetics Hotspot", The National, April 02, 2017, © Abu Dhabi Media
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Coty, Parfumerie Akzente Present Respective Cases Before Court Of Justice Of European Union

March 30, 2017: 12:00 AM EST
Coty Germany and Parfumerie Akzente have made their oral arguments before the Court of Justice of the European Union regarding the beauty brand's lawsuit against the distributor for selling Coty products on the internet. Ongoing for several years now, the case highlights the lack of established rules regarding sales of products via third-party online stores in the EU. Previously, a district court in Frankfurt ruled that a ban on third-party online sales is illegal and restricts competition.
Jennifer Weil, "Coty Germany, Parfümerie Akzente Heard in the EU’s Court of Justice", Women’s Wear Daily, March 30, 2017, © Penske Media Corporation
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Unilever Plans To Spend More On Digital Advertising In UK

March 29, 2017: 12:00 AM EST
Unilever UK is reportedly planning to increase its spending on digital advertising, after results of a study revealed the effectiveness of the marketing platform. Data from retailer Sainsbury's Nectar customer loyalty program revealed the platform returned £1.47, or $1.82, for every £1 spent. Also, offline and online sales increased during the six-week campaign.
Helen Leggatt, "Unilever to up digital spend following display ad trial", BizReport, March 29, 2017, © BizReport
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Kao Receives Highest Rating In Development Bank Of Japan's Employee Health Promotion Program

March 28, 2017: 12:00 AM EST
Kao Corporation has received the highest rating from Development Bank of Japan Inc.'s DBJ Employees' Health Management Rated Loan Program. In 2012, when the program was first introduced, Kao won the highest rating for the first time. For its achievement, Kao secured financing with preferential conditions as mandated by the program.
"Kao qualifies for the highest rating in the “DBJ Employees’ Health Management Rated Loan Program” by Development Bank of Japan Inc. for the 2nd time", Kao Corporation, March 28, 2017, © Kao Corporation
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L'Oreal Paris Launches You're Worth It Loyalty Program

March 28, 2017: 12:00 AM EST
L'Oreal Paris launched its You're Worth It customer loyalty program in March 2017. Loyalty programs, previously seen as limited to prestige beauty brands, now enable mass brands to promote repeat purchases, collect consumer data, and encourage sharing on social media. For example, E.L.F.'s site visits grew 34 percent, while visit duration increased 15 percent after launching its Beauty Squad loyalty program. L2's Data and Targeting in Beauty Loyalty report showed that as more brands implement loyalty programs, their engagement rates remain flat.
Homa Zaryouni, "L’Oreal Paris Becomes Latest Mass Brand to Launch a Loyalty Program", L2 Daily, March 28, 2017, © L2 Inc.
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The Body Shop Commits To Comply With UK's Modern Slavery Act

March 24, 2017: 12:00 AM EST
Beauty retailer The Body Shop has issued a statement highlighting the company's commitment to comply with the UK Modern Slavery Act 2015. According to the company, it aims to prevent modern slavery across its businesses, as well as its supply chain. This also covers all organizations and companies that play a role in the production and manufacture of its products.
"The Body Shop Outlines Commitment to Modern Slavery Act", Edie.net, March 24, 2017, © Faversham House Ltd
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Largest Personal Care And Cosmetics Companies Find Beauty In Small Brands

March 24, 2017: 12:00 AM EST
Small independent beauty brands are the top targets for acquisition by the market's largest companies, with 52 acquisition deals recorded in 2016. According to investment bank Financo LLC, the most popular targets are private brands with huge following on social media. Demand for acquisition targets has outpaced supply, according to TSG Consumer Partners LLC managing director Colin Welch. Unlike before, big cosmetics companies are going after brands with annual sales below $100 million, because social media and word-of-mouth advertising can drive sales.
Stephanie Hoi-Nga Wong, "The Latest Acquisition Targets Are Indie Beauty Brands", Bloomberg Businessweek, March 24, 2017, © BLOOMBERG L.P.
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L'Oreal Travel Retail Sees Strong Sales, Growth In 2016

March 24, 2017: 12:00 AM EST
L’Oreal Travel Retail enjoyed a strong year in terms of sales and revenue in 2016. According to the company’s annual report, L’Oreal’s travel retail business “strengthened its leadership in the distribution channel.” Makeup was the brand’s fastest-growing category in 2016, the company said.
Lucy Whitehouse, "L’Oreal’s Travel Unit Annual Results", CosmeticsDesign-Europe.com, March 24, 2017, © William Reed Business Media SAS
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Procter & Gamble Receives Patent For Evaluating Anti-Aging Skin Benefit

March 23, 2017: 12:00 AM EST
Procter & Gamble has received a patent for a screening method designed to identify an agent that provides an anti-aging skin benefit. Involving culturing of first and second human skin samples for around 3-19 days, the process includes a contact between the first human skin sample with at least one agent. Also, the second human skin sample has contact with a positive control.
"P&G Patents Screening Methods for Assessing Anti-Aging Skin Benefit", Happi.com, March 23, 2017, © Rodman Media
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L'Oreal Chooses Domo's Business Cloud For Its Digital And Online Presence

March 23, 2017: 12:00 AM EST
L’Oreal has chosen Domo’s Business Cloud for its digital marketing efforts for 32 brands and offices in more than 70 countries. Aimed at maximizing the effectiveness and reach of its digital properties and online campaigns, L’Oreal’s directive for Domo also covers its presence on social networks and online retailers. With the “digital cockpit” concept offered by Domo, L’Oreal executives can have access to automated reporting, stay on top of data feeds, and compare company performance with those of competitors.
"L'Oreal Selects Domo to Optimize Digital Performance Across 32 Brands in More than 70 Countries", Marketwired, March 23, 2017, © Nasdaq, Inc.
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Shiseido Deploys Humanoid Robots At Kakegawa Factory's Assembly Lines

March 23, 2017: 12:00 AM EST
Shiseido Company, Limited, has started deploying industrial robots to the assembly lines of makeup products at its factory in Kakegawa, Japan. Currently on a pilot-program basis, the deployment of robots started in March 2017 and features teams involving a human worker and two humanoid robots each. According to the company, the humanoid robots will focus on procedures that are hard to automate with existing machines and industrial robots, while their human partner will take charge of inspecting minor defects and assuring quality.
"Shiseido Pilots the Deployment of Humanoid Robots on Its Assembly Lines, a Cosmetics Industry First", Shiseido Group, March 23, 2017, © Shiseido Company, Limited
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Asia-Pacific
Japan

Target Will Start Selling Honest Beauty Products

March 22, 2017: 12:00 AM EST
Target said it plans to start selling Honest Beauty personal care and beauty products at 800 of its stores across the U.S. and through its target.com online store. Manufactured by The Honest Company, Honest Beauty products are marketed as derived from safe and botanical ingredients and producing “effective results.” Honest Beauty products fit Target's “better for you” collection of safe and effective brands and will be available starting March 26, 2017.
Faye Brookman, "Target Adds Jessica Alba’s Honest Beauty to Its Expanding Assortment", Women’s Wear Daily, March 22, 2017, © Penske Media Corporation
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Chanel Launches Instagram Campaign For Coco Mademoiselle Fragrance Brand

March 21, 2017: 12:00 AM EST
French beauty brand Chanel launched a marketing campaign on social media site Instagram for its Coco Mademoiselle brand of fragrances. As part of the campaign, Chanel's official Instagram account shared an image with three different ad photographs. Followers need to click on the tags to unveil the full images and see the different aspects of the brand.
Brielle Jaekel, "Chanel Plays Coy on Instagram with Interactive Photo Reveal", Luxury Daily, March 21, 2017, © Mobile Commerce Daily
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L'Oreal Paris Unveils Charities-Focused Customer Loyalty Program

March 21, 2017: 12:00 AM EST
L'Oreal Paris launched its Worth It Rewards customer loyalty program. Covering the company's four product categories, cosmetics, hair color, hair care, and skin care, the program offers rewards for customers for their purchases and provides them opportunities to do acts of philanthropy. Also, shoppers can donate rewards points to the charities preferred by the brand's Women of Worth awardees. Consumers can join the loyalty program by visiting the company's website.
"L'Oreal Paris Launches Its Largest Loyalty Rewards Program", PR Newswire, March 21, 2017, © PR Newswire Association LLC
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Avon SVP General Counsel Benjamin Retires

March 20, 2017: 12:00 AM EST
Avon Products, Inc., said Jeff Benjamin, Senior Vice President, General Counsel, and Chief Ethics & Compliance Officer, is retiring from the company. Benjamin joined Avon in 2012, following a 40-year career, 37 of which were spent at Novartis. He will remain with the company until his successor is named.
"Jeff Benjamin to retire as Avon's General Counsel", PR Newswire, March 20, 2017, © PR Newswire Association LLC
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Ulta Beauty Offers Growth Opportunities For Personal Care And Beauty Brands

March 16, 2017: 12:00 AM EST
Beauty retailer Ulta Beauty is expanding, with sales and profits growing despite the slowdown in the overall brick-and-mortar retail market. In the last quarter of 2016, the company saw its profits grow 16.6 percent compared with the same period in the previous year, and double-digit same-store sales growth for eight consecutive years. Personal and beauty care brands can benefit from investing in the retailer, especially its omnichannel platform. Also, brands should collaborate with Ulta's editorial and social media operations.
Homa Zaryouni, "Why Brands Should Invest in Ulta", L2 Daily, March 16, 2017, © L2 Inc.
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Unilever Continues Review Of Operations To Find Ways To Boost Shareholder Returns

March 14, 2017: 12:00 AM EST
Responding to what CEO Paul Polman called the “near-death” experience of Kraft Heinz’s recent failed takeover bid, Unilever is thoroughly reviewing operations to see where it can boost shareholder returns. The company is requiring division heads in all of its businesses – from ice cream to shampoo and deodorants – to to conduct the reviews. It is unlikely the company will untangle its food, home, and personal care businesses, but it could make medium-sized acquisitions  One area of concern is actually a strength: its low debt balance. The small amount of debt gave Kraft Heinz a strategy for financing the acquisition. Unilever could cut costs more deeply in low-growth businesses to boost profit. And it may sell its Flora margarine unit to Kraft Heinz. [ Image credit: © DFID - UK Department for International Development  ]
Scheherazade Daneshkhu, "Pressure is on Unilever to meet investor expectations", The Financial Times, March 14, 2017, © The Financial Times Limited
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Maison Lancome Enlists Fashion Designer Le-Tan To Launch Limited Edition Make-Up Collection

March 13, 2017: 12:00 AM EST
Maison Lancome said it has partnered with fashion designer Olympia Le-Tan to launch a limited edition line of make-up products. Marking the brand's latest partnership with a fashion designer, the limited edition range will highlight Le-Tan's vision for women. Described as retro but not nostalgic, Le-Tan's fashion design highlights a “free, sexy, and original femininity,” the company said.
"Olympia Le-Tan is Maison Lancôme's Guest of Honor", PR Newswire, March 13, 2017, © PR Newswire Association LLC
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L'Oreal Names Cyril Chapuy Deputy General Manager Of L'Oreal Luxe Brand

March 10, 2017: 12:00 AM EST
Beauty brand L’Oreal said it has named Cyril Chapuy deputy general manager of its L’Oreal Luxe brand and manager of international brands. Chapuy joined the company in 1993 as a product manager. He has occupied various management positions, including manager of the Maybelline international marketing team in New York from 2005 to 2010 and head of the L’Oreal Paris brand.
"Appointment L’Oreal Luxe Group - 10.03.2017", L'Oréal, March 10, 2017, © L'Oréal
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Revlon Revamps Marketing Initiatives In Push To $5 Billion In Sales

March 9, 2017: 12:00 AM EST
Revlon is gearing up marketing initiatives to revive its existing brand portfolio as part of its plan to become a $5 billion business in five years. Following its acquisition of Elizabeth Arden for $800 million last year, annual sales are about $3 billion. Revlon's CEO Fabian Garcia emphasizes that it does not intend any further acquisitions and plans to grow organically. Marketing is now more focused on younger clientele and gives emphasis to social media presence and digital marketing. Some of Revlon's recent marketing initiatives include signing social media beauty influencers and celebrities like Gwen Stefani, collaboration with Amazon for the launch of The Love Project that targets socially conscious Millennials and hiring Allure magazine editor in chief Linda Wells as its Creative Officer. [Image credit © Revlon]
Trefis Team, "Here's how Revlon is Gearing Up its Marketing Initiatives for the Revival of its Brands", NASDAQ, March 09, 2017, © NASDAQ, Inc.
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MAC Cosmetics Says To Sell Products Via Ulta Beauty Stores

March 9, 2017: 12:00 AM EST
Beauty brand MAC Cosmetics plans to sell its products through retailer Ulta Beauty. Part of the brand’s efforts to revive slowing sales, MAC Cosmetics products will first be sold via the retailer’s online store starting in May 2017 then through 25 Ulta Beauty branches in June 2017. By the end of 2017, MAC Cosmetics products will be available in more than 100 Ulta stores, MAC global brand president Karen Buglisi Weiler said.
Pete Born, "MAC Cosmetics to Enter Ulta Beauty in Bid for New Audience", Women’s Wear Daily, March 09, 2017, © Penske Media Corporation
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Ulta Reports Notable Sales, Profit In Fiscal 2016

March 9, 2017: 12:00 AM EST
U.S. beauty retailer Ulta reported earnings per share of $2.24 (up 32,5 percent) on $4.85 billion in fiscal 2016 sales, an increase of $854.7 million (24.6 percent). Net sales in the fourth quarter increased 24.6 percent to $1.58 billion from $1.27 billion last year. Same-store sales (including e-commerce sales) for the fiscal year were up 15.8 percent compared to 11.8 percent in fiscal 2015. Net income for the year increased 28 percent to $409.8 million compared to $320 million in fiscal 2015; and income per diluted share rose increased 30.9 percent to $6.52 compared to $4.98 in fiscal 2015. For fiscal 2017, the company expects to grow sales by eight to 10 percent (including e-commerce) and open 100 new stores.  [ Image credit: © M.O. Stevens  ]
"Ulta Beauty Announces Fourth Quarter 2016 Results", Earnings release, Ulta Beauty, March 09, 2017, © Ulta Salon, Cosmetics & Fragrance
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Henkel Says Acquisition Strengthens Position In Hair Professional Business

March 9, 2017: 12:00 AM EST
Furthering its strategy of strengthening its presence in “attractive markets and categories,” especially its core hair professional business, Henkel announced it is acquiring Mexican hair care company Nattura Laboratorios, S.A. de C.V. Headquartered in Guadalajara, the company is associated with companies in the U.S., Colombia and Spain. The transaction includes a portfolio of leading brands including Pravana and Tec Italy. Henkel said the acquisition will complete its hair professional colorants category and reinforce its No. 3 position in the sector business. It will also provide a platform for further growth in the Latin American market. Nattura Laboratorios generated sales of more than $107 million in fiscal 2016. [ Image credit: © Nattura Labs ]
"Henkel to acquire Hair Professional business in Mexico and the USA", News release, Henkel, March 09, 2017, © Henkel AG & Co. KGaA
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Taiwan Shiseido Celebrates 60th Anniversary In 2017

March 8, 2017: 12:00 AM EST
Shiseido Company, Limited, is celebrating 60 years of selling its personal care and beauty products in Taiwan in 2017. Established by the Japanese beauty brand as the first step to transforming itself into a global company, Taiwan Shiseido Co., Ltd., has become one of the company's most important business locations. First established as a locally capitalized distributor in 1957, Taiwan Shiseido became a joint venture with Shiseido Company in 1983.
"Shiseido Celebrates 60th Anniversary of Sales Launch in Taiwan", Shiseido Group, March 08, 2017, © Shiseido Company, Limited
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Birchbox Tries Offering Customers Personalized Subscription Boxes

March 7, 2017: 12:00 AM EST
Birchbox is testing a beauty-subscription service called Birchbox Select Beta. Priced at $15 a month, the program offers customers the option to subscribe to boxes customized based on their beauty needs. Birchbox's launch of the service follows the company's announcement of its plan to open a retail store in Paris.
Allison Collins, "Birchbox Beta Tests More Customized Boxes", Women’s Wear Daily, March 07, 2017, © Penske Media Corporation
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L'Oreal Paris Launches Campaign Promoting New Voluminous Original Mascara

March 7, 2017: 12:00 AM EST
L'Oreal Paris launched a marketing campaign highlighting the company's Voluminous Original Mascara. Dubbed “The Original,” the campaign features several brand ambassadors, including actresses Diane Keaton and Julianne Moore, fashion models Barbara Palvin and Soo Joo Park, and transgender model and rights activist Hari Nef. According to the brand, the personalities featured in the campaign have their respective takes on being original, “breaking rules and staying true to themselves.”
"L'Oréal Paris Debuts New Voluminous Mascara Campaign: The Original", PR Newswire, March 07, 2017, © PR Newswire Association LLC
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Sundial Brands Launches First Prestige Skincare Line

March 6, 2017: 12:00 AM EST
Sundial Brands launched nyakio, the company's first range of prestige skincare products. Based on recipes developed by the family of brand founder Nyakio Kamoche Grieco, the products are inspired by traditions worldwide for natural and ageless beauty, the company said. Featuring ethically and sustainably sourced indigenous ingredients, nyakio mixes cultural traditions and modern formulas into high-end personalized and multi-tasking products for natural beauty. Launched on March 6, 2017, the products are available exclusively in 305 Ulta stores across the country.
"Sundial Brands Enters Prestige Skincare Category with Launch of nyakio™ Exclusively in Ulta", PR Newswire, March 06, 2017, © PR Newswire Association LLC
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