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Period: October 23, 2017 to November 13, 2017
Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends

Shiseido Posts Net Loss For First 9 Months Of Fiscal Year 2017

Japanese beauty brand Shiseido reported a net loss of almost 17 billion yen in the nine-month period ending September 30, 2017. According to the company, the loss was primarily due to the 70.7 billion yen costs related to Bare Escentuals. Despite this, the company's operating income for the period grew 82.4 percent to 70.65 billion yen, while net sales expanded by 17.4 percent to 731.2 billion yen.

"Consolidated Settlement of Accounts for the First Nine Months of the Fiscal Year Ending December 31, 2017", Shiseido, November 09, 2017

Henkel Names Fortunato General Manager Of Schwarzkopf Professional North America

Henkel said it has appointed John Fortunato general manager of the company's Schwarzkopf Professional North America business and Alterna Haircare. Fortunato will continue reporting directly to Henkel Beauty Care Hair Professional's regional head in North America. Also, Kathleen Cannon was promoted to head of sales for Schwarzkopf Professional US and Alterna Sales & Education.

"Henkel Appoints Fortunato as General Manager", Happi, November 09, 2017

Shiseido Acquires AI Technology Company

Shiseido Americas Corporation has acquired Giaran, Inc., a technology company that specializes in artificial intelligence (AI) platforms. Founded in 2016, the company applies computer vision, big data, and augmented reality, and creates novel algorithms of deep learning, data mining, and predictive modeling. The technology will be used at Shiseido for “individualized beauty customization” in areas like makeup virtual try on, tutorials, color matching, personalized recommendations, makeup removal, face tracking, and skin tone detection. Giaran will remain based in Boston, Mass., and become part of Shiseido’s Makeup Center of Excellence. Financial terms of the acquisition were not disclosed.

"Shiseido Americas Acquires Giaran, Inc. ", News release, Shiseido, November 07, 2017

Hain Celestial‘s 1st Quarter Delivered “Solid” Gains In Sales, Profit

Organic and natural products company Hain Celestial posted a healthy first quarter 2018 net sales increase of four percent to $708.3 million. Gross margin rose 250 basis points to 18.6 percent, and operating income soared 129 percent to $31.5 million. Diluted earnings per share was $0.19, while adjusted diluted EPS was $0.23. CEO Irwin D. Simon called the results "solid with improved net sales growth and profitability” and met expectations across all business segments.

"Hain Celestial Reports First Quarter Fiscal Year 2018 Financial Results", News release, Hain Celestial, November 07, 2017

L’Oréal Sees “Big Potential” In International Deployment Of CeraVe

L’Oréal’s nine-month financial performance was solid, with a 2.4 percent increase in sales to $22.6 billion. Changes related to company consolidation led to a net 2.2 percent drop in sales. These included the acquisition of ECosmetics (September 2016) and CeraVe (March 207), and the sale of the Body Shop. Like-for-like sales were up 4.5 percent, and currencies had a -3.5 percent impact. Active Cosmetics sales grew at better than five percent. CEO Jean-Paul Agon said the Active Cosmetics business would prosper because of strong demand for skincare products recommended by dermatologists. He also said the company next year would begin international deployment of CeraVe, “which I think has a very big potential." Company execs said they were confident sales and profit of the company overall would again outperform the cosmetics market in 2017.

"Q3 2017 L'Oreal SA Corporate Sales Call - Final", FD (Fair Disclosure) Wire / Nexis , November 02, 2017

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