Net sales down 7 percent but earnings up 29 percent for P&G’s 3Q 2016
P&G has reported a 7 percent drop in net sales to US$15.8 billion for the third quarter of fiscal 2016, attributed to a 5 percentage point negative impact from foreign exchange, a 2 percentage point impact from the Venezuela deconsolidation and a 1 percentage...
AmorePacific-owned Aritaum to increase North American store count to 70
AmorePacific-owned retail chain Aritaum is set to increase its store count from 14 to 70 across the US and Canada, according to a report published by Racked. Aritaum will carry products from the K-beauty giant’s multiple brands, including Laniege, Mamonde and Iope. An...
BPI USA President quits to ‘pursue other international opportunities’
Shiseido Americas Corporation has announced that Patrice Béliard, President of Beauté Prestige International USA, will depart the company to ‘pursue other international opportunities', effective 30th June, 2016. The company will announce Béliard’s successor in due...
Express yourself: Dove tells women to embrace their hair style
As part of its ongoing Campaign for Real Beauty, Unilever-owned Dove has launched a video encouraging women to embrace their hair style, not apologise for it, according to a report published by The Drum. The video, named ‘Love Your Hair’ and created by Havas Helia,...
Unilever relaunches campaign to promote an equal recycling strategy among consumers
Personal care giant Unilever has reprized its Rinse.Recycle.Reimagine in a bid to entice consumers to treat all their plastic bottles the same and assess their recycling habits. According to a survey only 14 per cent of Americans are recycling their bathroom bottles...
Johnson & Johnson reports strong Q1 results
Johnson & Johnson has reported a strong Q1 2016 with a year on year 0.6 percent increase in sales to $17.5 billion. The results were affected by a negative worldwide currency impact of 6.6 percent, however, the company raised its sales guidance for the full year...
New Avon names first CEO
The Cerberus-owned North American division of direct sales giant Avon, New Avon named its first CEO this week. J Scott White is set to join the company on April 25, 2016. White joins Avon from Abbott Laboratories where he held the role of President of Abbott Nutrition...
Estée Lauder teams up with Victoria Beckham to launch make-up collection
Following on from its recent collaboration with Kendall Jenner, Estée Lauder clearly has a taste for a celebrity alliance as it announced that it is set to team up with Victoria Beckham to launch a limited edition make-up collection for fall 2016. Lauder announced the...
FDA approves folic acid fortification of corn masa flour
The US Food and Drugs Administration (FDA) has approved folic acid fortification of corn masa flour. Manufacturers can now elect to add up to 0.7mg of folic acid per pound of corn masa flour. Corn masa flour is a staple food for the Latin American community and is...
Estée Lauder announces leadership reshuffle as Fernandez retires
Estée Lauder has announced a series of new appointments in the wake of Ivan Fernandez’ retirement from his role as President, Europe, the Middle East and Africa, effective August 31. Succeeding Fernandez, Peter Jueptner will take on the role of President, Europe, the...
LVMH joins forces with Rihanna for new make-up brand amidst revenue rise
Global superstar Rihanna has signed a deal with the Kendo division of luxury consumer goods company LVMH to create her own make-up range Fenty Beauty, as the company announces a 4 percent gain in revenue in Q1 2016. Rihanna will launch a full cosmetics range in 2017...
Z Skin Cosmetics targets young male teens with new make-up based acne products
Natural skin care company Z Skin Cosmetics is blurring the lines between the genders and promoting its new Zz Mineral Acne products at young male consumers. The products have been created to prevent acne by preventing the skin from creating excess oil and shine, which...
Revlon names new Chief Financial Officer
Revlon has announced that its Board of Directors have named Juan R Figuereo as Executive Vice President and Chief Financial Officer, effective immediately. Figuereo served as Executive Vice President and Chief Financial Officer of NII Holdings between October 2012 and...
US consumers eschew department stores in favor of specialty retailers Ulta and Sephora
US shoppers are increasingly choosing to purchase their cosmetics at specialty stores such as Ulta and Sephora, instead of at department stores and drugstores, according to a report published by the Financial Times. According to a report compiled by Consumer Edge...
L Brands to slash 200 jobs as Victoria’s Secret owner restructures business
L Brands has announced that it is to make some 200 employees redundant as part of a restructuring process aimed at refocusing the business on core categories. The owner of Bath & Body Works and Victoria’s Secret is planning to create three units within its...
P&G to outsource coupon processing to Inmar
Procter & Gamble is set to transfer 16 Cincinnati-based employees to Inmar as the FMCG giant outsources its US coupon-processing, settlement and fraud prevention function, according to a report published by the Cincinnati Business Courier. The in-house division...
Walgreens: Losing Wall Street edge against rival CVS?
As analysts start to give CVS a more favorable rating on Wall Street, the company’s shares are rising and as a result it’s beginning to close the valuation gap between marketing leader Walgreen. Experts have previously been willing to pay more for potential profits...
PDC Brands purchases Original Additions
Backed by Yellow Wood Partners, PDC Brands has acquired UK brand Original Additions, boosting its growing portfolio of portfolio of beauty, personal care and wellness brands. Original Additions owns three leading brands; Eylure London, Elegant Touch and Salon System....
Sephora drives chat-driven commerce with Kik debut
US beauty retail giant Sephora has debuted on messaging app Kik in a bid to drive sales in a one-to-one mobile experience with consumers now having the ability to purchase direct from the app while talking to a ‘chatbot’. The LVMH-owned brand is targeting...
Over 1,000 women sue Johnson & Johnson for talcum powder cover up
Personal care behemoth Johnson & Johnson has fallen victim to a lawsuit suggesting the company failed to provide information regarding the risks of ovarian cancer following use of its talcum powder, with over 1000 women joining the suit. The trial is said to...
MAC launches Star Trek-themed make up line
Cult make up brand MAC has launched a new line of Star Trek-themed products to celebrate the iconic film’s 50th anniversary. Marking the film’s strong female role models the Estee Lauder-owned company has created a range of make up products inspired by Uhura,...
Could Colgate-Palmolive have found its next CEO? Speculation rises amid significant promotions
Having lost one of its top executives, COO Fabian Garcia, to Revlon in recent days, Colgate-Palmolive has promoted two company stalwarts to Chief Operating Officer roles, prompting speculation that both are in line to succeed CEO Ian Cook when he steps down, according...
Unilever settles Suave Professionals hair loss case for US$10 million
Unilever’s proposed US$10 million settlement to compensate women who suffered hair loss after using the company’s Suave Professionals Keratin Infusion 30-Day Smoothing Kit has been upheld by a Seventh Circuit court, according to a report published by Courthouse News....
Revlon names new President and Chief Executive Officer
Revlon has announced the election of Fabian T Garcia as President and Chief Executive Officer by its Board of Directors. Garcia has also been appointed to serve as a member of the Board of Directors as well as the Board of Revlon’s wholly owned operating subsidiary,...
Avon sidesteps proxy fight with Barington Capital Group
Avon has narrowly avoided a proxy fight with Barington Capital Group, according to a report published by WWD, reaching a resolution just days before the deadline by which the latter could launch its campaign. Avon is said to have granted Barington, who owns over 3...
BioAmber and DuPont Tate & Lyle launch co-sponsored polyol sampling program at UTECH NA
Sustainable chemicals company BioAmber and joint venture DuPont Tate & Lyle Bio Products are set to launch a co-sponsored polyol sampling program at UTECH North America on April 6 to accelerate the speed to market for bio-based solutions. “Bio-based alternative...
Oriflame gears up to launch in US and Brazil
Oriflame is hoping to launch on the US and Brazilian markets within a ‘few years’, according to a report published by Reuters. In stark contrast to the recent experience of its biggest competitor Avon, The Swedish direct sales company’s Chief Executive Magnus...
Kardashian sisters are hit by fraud lawsuit over beauty line
Kourtney, Kim and Khloe Kardashian have been hit by a $180 million lawsuit by Hillair Capital Management and are accused of not promoting their Kardashian’s Beauty line. The company has suggested that the celebrity sisters are in breach of contract due and have...
TPG seals the deal: WL Ross Holdings buys Nexeo for US$1.67 billion
After exploring the potential of a sale or IPO for Nexeo Solutions Holdings back in November, TPG Capital Management has clearly decided in favour of the former, as WL Ross Holdings Corp has announced that it is set to buy the chemicals and plastics distributor for...
L’Oréal Paris opens nominations for its 2016 Women of Worth
L’Oréal Paris is calling for the public to nominate women who are igniting social change on a local, national or global level for its 2016 Women of Worth program. The brand’s signature philanthropic program is the embodiment of its tagline ‘Every Woman is Worth it’,...
Rea-deeming Beauty settles infringement case against Avon
Rea.deeming Beauty has settled its infringement case against Avon Products and Avon Cosmetics. The company behind the patented beautyblender make-up sponge challenged Avon’s sale of hot pink make-up sponges under the name Beauty Blender, claiming that the use of the...
L’Oréal Chemist discovers ultramarine is key to catering for darker skin tones in search for #BeautyForAll
Just weeks after the Maybelline scandal, L’Oréal USA has hit back at its detractors with a sneak peek into the exciting developments discovered by its Women of Color lab, which has enabled the company to offer a wider range of foundations to suit different skin tones....
Gisele Bundchen reveals the secrets behind her ‘glow’ for Chanel Beauty
Chanel has drafted in supermodel Gisele Bundchen to star in the first of a new series of online beauty tutorials, Chanel Beauty Talks, according to a report published by Luxury Daily. The video features Bundchen chatting with Chanel’s Global Creative Make-up and Color...
Effies 2016: Unilever, P&G and Walmart win big
Walmart and Unilever picked up four Shopper Marketing Effies each at the sixth annual Shopper Marketing Effie Awards, held in New York earlier this month, while Procter & Gamble took home three gongs. Unilever won the most Gold Shopper Marketing Effie Awards...
Target and Project Underground collaboration bears fruit with three new lines
The partnership between Target and brand incubator Project Underground has born fruit with the launch of three new bath and body bands, according to a report published by WWD. The new lines, Mayfair Soap Foundry, Marlowe and You Are Amazing are being sold exclusively...
Unilever signs new $200 million supply agreement with Solazyme
Personal care giant Unilever and biotechnology company Solazyme have entered into a $200 million supply chain deal spanning the next five years. The agreement builds on the current supply relationship between the two companies and will see Solazyme (now known as...
Avon to cut 2,500 jobs as it relocates headquarters to UK
After splitting off its North American business in a deal with Cerberus, Avon has announced plans to relocate its headquarters to the UK. The direct sales giant’s move is part of a three-year cost-cutting drive outlined in January, that will see Avon reduce its...
Ulta announces ambitious expansion plans amid soaring sales
Ulta Beauty has reported a 21.1 percent rise in sales to US$1.268 billion for the fourth quarter of fiscal 2015. Comparable store sales climbed 12.5 percent and salon sales were up US$16.7 percent, while e-commerce sales soared 44.2 percent. Net sales were up 21.1...
Avon fraud: US authorities arrest Bulgarian perpetrator of fake US$8 billion buyout
The US Attorney for the Southern District of New York, Preet Bharara, has announced the arrest of Bulgarian national, Nedko Nedev, the man said to be behind the fraudulent US$8 billion takeover bid for direct sales giant Avon, according to a report published by...
Colgate-Palmolive extends restructuring program; 3,800 jobs at risk
Colgate-Palmolive has extended its restructuring program, announced in 2012 and originally due to end in 2016, through 2017, according to a report published by The Wall Street Journal. The anticipated total net head-count reduction has risen from 2,300 jobs to some...
Burt’s Bees loses the ‘B’ with new social media campaign to help save bees
Clorox-owned beauty brand Burt’s Bees has launched a new social media campaign starring US Actress Lea Michele in a bid to boost awareness of the plight of the bee, whilst boosting profits for its natural products. The campaign encourages social media users to drop...
State of Florida set to update archaic cosmetic legislation?
Archaic cosmetic legislation in the state of Florida, US, could be a thing of the past as a bill to update the old fashioned law gains momentum following two major endorsements. Two bills have been put forward, HB261 by Rep Chris Latvala, and SB 176 by Sen. Jeff...
Sephora announces female entrepreneurs picked for inaugural Accelerate Cohort program
In a bid to aid female-founded start-ups, US retailer Sephora has announced the first female entrepreneurs to be picked for its inaugural Accelerate Cohort programme. The programme is part of the company's ‘Sephora Stands’ initiative and is positioned to help...
E.L.F Cosmetics foregoes animal hair for synthetic bristles in brush products
Beauty company E.L.F Cosmetics has switched to synthetic bristles in more than 50 different styles of brushes – ending the use of animal hair in its products based on a collaboration with animal rights company PETA. The use of animal hair in cosmetic products come...
Elizabeth Arden completes its leadership transformation with new President, Global Fragrances
Elizabeth Arden has announced the appointment of George Cleary as President, Global Fragrances. Cleary started his career at Nestle before moving into the personal care and beauty industry with sales and management positions at Johnson & Johnson, then transferring...
Try before you buy: Cargo Cosmetics changes the face of online beauty with CAKE shopping platform
Professional make-up brand Cargo Cosmetics and augmented reality specialist FaceCake Marketing Technologies have launched an innovative shopping platform, known as CAKE, which enables users to ‘try on’ make-up products in real time using a webcam and desktop or smart...
Sales of Amercian Eagle Outfitters’ Aerie brand up 26 percent for 4Q 2015
A boost in demand for the Aerie range of lingerie and beauty products over the holiday shopping season helped spur on sales at teen retailer American Eagle Outfitters, according to a report published by Reuters. Sales were up 3.2 percent at American Eagle Outfitters...
Procter & Gamble steals Unilever’s crown as number one global advertiser on the Warc 100
Boasting nine marketing campaigns on the Warc 100, Procter & Gamble has pipped Unilever to the post of number one global advertiser. Unilever only managed to have three campaigns featured on the annual ranking, which lists the world’s best marketing campaigns and...
Cosmetic regulation a priority for consumers, says new US poll
A new nationwide poll conducted in the US concludes that consumers want more product testing amidst call for more stringent cosmetic regulation from the government. The poll by the Mellman Group and American Viewpoint follows news that Procter & Gamble, one of the...
Procter & Gamble sets industry benchmark with ingredient transparency
Personal care giant Procter & Gamble has set an industry benchmark by revealing the ingredients not used in some of its products in a bid to aid further ingredient transparency, a move lauded by the Environmental Working Group. The company has made public 140...
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