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Korean Makeup Brand Offers An Array Of Products With The “Scent Of A Coca-Cola”

June 14, 2018: 12:00 AM EST

Although the connection with its “total beverage company” strategy is little more than a scent, Coca-Cola is nevertheless expanding into cosmetics in a limited-time venture with a Korean beauty brand. The connection in fact is literally a specific bouquet: the brand’s new lipsticks, lip tints, lip glosses, foundation compacts, powders, and eye shadows – many tinted in red, pink, and coral – are all redolent of Coke. The packaging also captures the Coca-Cola look of red and white, and the lip glosses “have a super cute, candy-striped wand,” according to British news website Metro. The products are being sold in South Korea, but are also available online

Lisa Bowman, "Coca Cola launches limited edition makeup line in South Korea", Metro, June 14, 2018, © Associated Newspapers Limited
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Glossier Is Expanding In Europe This Year

May 17, 2018: 12:00 AM EST

US direct-to-consumer cosmetics brand Glossier is set to expand internationally, with shipments to Ireland under way and plans for Sweden in June, and Denmark and France later in the year. The brand launched in the US four years ago and reached both Canada and the UK in 2017. It has been using social media, including Instagram, to create a community of followers, with some becoming brand ambassadors, some paid and some not. The brand seeks people in the new markets that are highly engaged, meets them, and treats them as influencers. The approach worked for the UK launch, and helped attract 10,000 people to its London pop-up in October last year. Estimates put the brand’s sales at around $50 million in 2017, and it has so far raised $86 million in financing. Although the brand expects expansion to bring unique challenges in the different markets, it has chosen not to adapt its products and strategy for each.

Chantal Fernandez , "Inside Glossier’s International Expansion Strategy", The Business of Fashion, May 17, 2018, © The Business of Fashion
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Scentbird Raises $18.6m Funding for Market and Talent Expansion

May 17, 2018: 12:00 AM EST

Subscription-based fragrance firm SCENTBIRD successfully concluded a financing round which raised $18.6 million, the biggest Series A funding received by a direct-to-consumer brand led by a female CEO. Consumer technology firm Goodwater Capital and other venture companies including Y Combinator, Rainfall Ventures, FundersClub, Soma Capital, Scrum Ventures, ERA led SCENTBIRD's latest funding round. The company will use the proceeds for market expansion, product development, and talent acquisition. The firm currently has over 250,000 subscriptions across the United States. They contribute 95% of its total revenue. In the past year, SCENTBIRD established its own personal care and home fragrance products, expanding the range of its sampling service, which already offers over 500 male, female and unisex fragrances. [Image Credit: ©Creative Commons]

"SCENTBIRD Makes Their Mark with a $18.6 MM Series A Funding Round", PRNewswire , May 17, 2018, © PR Newswire Association LLC
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Dollar Shave Club Gears Up For Further Expansion

May 1, 2018: 12:00 AM EST

Direct-to-Consumer e-commerce male grooming brand Dollar Shave Club (DSC) has announced a number of hires to the digital team aimed at continuing its growth momentum. Alan Wizemann becomes Chief Digital Officer. He previously worked at Target, Lululemon and WebMD. Danny Miles, the company’s first Chief Technology Officer, joined in 2017. Gloria Synn is the new Vice President of Member Strategy and David Kujda becomes Vice President of Product Design. The company says its headcount has expanded by over 25% during the past 12 months and it has relocated to larger office space in Marina del Rey, CA. (Image Credit: @Creative Commons)

Annlee Ellingson , "Dollar Shave Club grows C-suite with first chief digital, tech hires", Bizjournals.com, May 01, 2018, © American City Business Journals
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LG’s Household & Health Care Arm Acquires Avon Japan

April 30, 2018: 12:00 AM EST

Ginza Stefany, a Japanese subsidiary of LG’s Household & Health Care (LG H&H) business, has agreed to acquire Avon’s Japanese operation, Avon Japan for 10.5 billion yen (approximately US$96 million). Direct-seller Avon Japan was established 50 years ago and is ranked 21st in the country in terms of retail sales. LG H&H, which has built its Japanese operation with two local acquisitions, Ginza Stefany Cosmetics in 2012 and Everlife in 2013, has been developing its business presence in Japan, which Euromonitor International estimates is the third largest beauty and personal care market in the world, with 2017 sales of US$ 36.1 billion. [Image Credit: @Creative Commons]

Natasha Spencer , "LG H&H acquires Avon Japan", Cosmetics Design Asia, April 30, 2018, © William Reed Business Media
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Over 40 Firms Form UK Plastics Pact, Promising To Cut Single-Use Plastic Packaging

April 26, 2018: 12:00 AM EST

Over 40 firms, responsible for over 80% of plastic packaging on products sold in the United Kingdom, have joined the government and several trade organizations in establishing the UK Plastics Pact, led by sustainability group WRAP. The agreement lays out a set of pledges undertaken by firms to reduce plastic pollution over the next seven years. It promises to eliminate single-use plastic packaging, including 2025 goals to make 100% of packaging recyclable or compostable, to recycle or compost 70%, and to use 30% recycled material in plastic packaging. The pact signatories include Coca-Cola, Asda, Procter & Gamble, and Marks & Spencer. Environmental groups including Friends of the Earth and Ellen MacArthur Foundation expressed their support. (Image Credit: @Creative Commons)

David Shukman, "Companies sign up to pledge to cut plastic pollution", BBC, April 26, 2018, © BBC
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Hain Celestial Debuts 75+ New Products At Trade Show

March 8, 2018: 12:00 AM EST
Hain Celestial Group said it is unveiling more than 75 new products at Natural Products Expo West, natural, organic and healthy products industry trade show. Among the new products to be featured are Arrowhead Mills Protein Flour and Protein Pancake and Waffle Mix; Bearitos snacks brand’s non-GMO Baked Veggie and Cheddar Baked Corn Puffs; Celestial Seasonings’ Vermont Maple Ginger Herbal Tea and Lemon Lavender Lane Herbal Tea; and Earth's Best Organic brand’s Gentle Infant Formula and Non-GMO Plant-Based Infant Formula. [ Image credit: © Hain Celestial ]
"Hain Celestial Features 75 Exciting New Products at Expo West 2018", News release, Hain Celestial, March 08, 2018, © The Hain Celestial Group, Inc.
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Unilever Saves 30% With Its In-House Creative Content Production Agency

March 8, 2018: 12:00 AM EST
Unilever, the world's second largest advertiser is reducing the number of its advertising agencies from 3,000 to 1,500, by handling content production with U-Studios, its in-house creative agency. The 17 U-Studios in 12 countries now creates content for some of its brands. Savings are reinvested in marketing and in-store spend. And with online sales increasing by 80% last year, Unilever is also investing heavily in digital, leveraging its in-house People Data Centers for real-time analytics of consumer relationships.
Gideon Spanier, "Unilever claims 30% saving from handling content production in-house", Campaign Live, March 08, 2018, © Haymarket Media Group Ltd.
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L'Oréal Group Closes Robust 2017, Posting Strong Sales, Profit, Solid Growth

March 8, 2018: 12:00 AM EST
The L'Oréal Group closed out fiscal 2017 reporting strong sales for the year, totaling €26.02 billion ($32.3 billion), up 4.8 percent from 2016 based on a comparable scope of consolidation and constant exchange rates. Factors affecting revenue included consolidation (-2.8 percent); acquisitions (+0.9 percent); sale of The Body Shop (-3.7 percent); and currency fluctuations (-1.3 percent). Growth at constant exchange rates was 2.0 percent. Growth in the Active Cosmetics Division, which includes the CeraVe products, was 5.8 percent like-for-like (11.9 percent reported). Division sales surpassed €2 billion ($2.5 billion). The division continues to grow internationally, “thanks to the successful integration of CeraVe, which is growing strongly in the American market” at a rate of 20 percent annually. The company still posted growth of 1.7 percent like-for-like (3.5 percent reported). “The American market is continuing to grow, but is facing a slowdown,” the company said.
 
The profitability of Active Cosmetics slid 60 basis points at 22.6 percent but continues to be the most profitable division. The company noted that it invested significantly “to support skincare brand Vichy, to accelerate La Roche-Posay, and to prepare for the rollout of CeraVe.” The company saw acceleration in the overall skincare market, thanks to Baby Boomers and to Millennials, and to Asian consumers. Division President Brigitte Liberman said two major elements are driving the division’s success: first, a “powerful and sustainable trend for skincare you can trust,” and second, the acquisition of CeraVe, which has “transformed the worldwide footprint of the division and complemented our brand portfolio.” [ Jean-Paul Agon, image credit: © L'Oréal
"L'Oreal 2017 Annual Results", Earnings release, L'Oréal, March 08, 2018, © L'Oréal
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Avon To Exit Australia And New Zealand To Focus On Other Markets

March 7, 2018: 12:00 AM EST
Avon plans to leave Australia and New Zealand by the end of 2018. The company reported a 3% decline in revenue in Asia-Pacific for fiscal year 2017 compared to a 2% fall overall. The company said it will focus on areas where there is “greater potential for future growth.”  The news will impact 220 staff and 21,400 representatives in the region.
"Avon to Exit Australia and NZ", Global Cosmetic Industry, March 07, 2018, © Allured Business Media
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Arrival Of CeraVe In U.K. Will Give French Competitors A Run For Their Money

February 27, 2018: 12:00 AM EST
British beauty writer Dominique Temple welcomed the arrival of L'Oréal’s CeraVe line of ceramide-based skincare products to the U.K., noting that they offer high-quality, affordable alternatives to French products – including Avene and Bioderma – with their “stalwart formulas and chic packaging.” She bestowed her stamp of approval on the popular American pharmacy brand: “CeraVe really is an affordable, accessible, cosmetically elegant range for all skin types.” Other affordable American products in the same category she recommended include Cetaphil Gentle Skin Cleanser, Aveeno Daily Moisturizing Yogurt Vanilla Body Wash, and RoC, Max Resurfacing Facial Cleanser. [ Image credit: © Bioderma ]
 
Dominique Temple, "The Affordable American Beauty Brand Set to Rival French Pharmacy Favourites", The Telegraph, February 27, 2018, © Telegraph Media Group Limited
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L'Oreal
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CeraVe Products Now Available In The U.K.

February 7, 2018: 12:00 AM EST
L'Oréal’s CeraVe skincare brand arrived in the U.K. on March 5. Seven products are being sold at Boots pharmacies and online. British beauty writer Caroline Hirons called the CeraVe product line “the kinder, gentler alternative to the harshness of Cetaphil” and worth investigating if you “can’t afford to spend too much on skincare” or just don’t want to. The company announced it has hired Blanket Consulting to work with Sarah Ashwick at L’Oréal for the U.K. launch  Blanket will work on the brand’s press and influencer relations. [ Image credit: © CeraVe ]
"CeraVe Launches in the UK", CarolineHirons.com, February 07, 2018, © Caroline Hirons
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L'Oreal
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Hain Celestial’s 2nd Quarter Sales, Profits Increase, But Miss Forecasts

February 7, 2018: 12:00 AM EST
Natural and organic food marketer Hain Celestial (Lake Success, N.Y.) posted second quarter profit of $47.1 million on sales of $775.2 million, a five percent increase over the same period last year. Second quarter profit was up 73 percent over the prior year period. But the results missed Wall Street estimates, sending shares on a downward slide, dropping 6.3 percent in morning trading. Nevertheless, CEO Irwin D. Simon said he was pleased with the financial performance and noted that the company continues to look for ways to simplify its brand portfolio and “reduce complexities.” Though net sales for Hain Pure Protein increased four percent to $159 million over the prior year period, the company said it is exploring the divestiture of the business. [  Image credit:  © Hain Celestial  ]
"Hain Celestial Reports Second Quarter Fiscal Year 2018 Financial Results", Earnings release, Hain Celestial, February 07, 2018, © Hain Celestial
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Henkel Expands Its R&D Capabilities In Connecticut

January 30, 2018: 12:00 AM EST
Home care and beauty products giant Henkel has opened two R&D facilities in Connecticut. The new 24,000-square-foot Stamford plant employs 40 people who will focus on formulation research in beauty care products, including Dial, Right Guard, Tone, Schwarzkopf and got2b. The facility also houses Research@Elm, a clinical testing lab. The expanded 27,000-square-foot Trumbull center houses formulation laboratories, a consumer product and fragrance evaluation center, packaging design, and two pilot plants supporting the beauty care and laundry & home care divisions. [  Image credit:  ©  Henkel   ]
"Henkel Opens State-of-the-Art Research and Development Facilities in Stamford and Trumbull, Conn.", News release, Henkel, January 30, 2018, © Henkel
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Kimberly-Clark De Mexico Reports Strong Revenue Growth In 2017

January 18, 2018: 12:00 AM EST
Kimberly-Clark de Mexico, S.A.B. De C.V. reported sales grew to Ps. $9.4 billion, with EBITDA of Ps. $2.2 billion, in the fourth quarter of 2017. Sales grew 5.9 percent to Ps. $37.8 billion for the full year, compared with the previous year. According to the company, EBITDA for the year reached Ps. $8.6 billion with a 22.7 percent margin.
"Kimberly-Clark de Mexico, S.A.B. de C.V. Fourth Quarter and Full Year 2017 Results ", Kimberly-Clark de México, January 18, 2018, © Kimberly-Clark Worldwide, Inc.
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Target Launches Good Chemistry Brand Of Fragrances

January 18, 2018: 12:00 AM EST
Target said it plans to launch Good Chemistry, the retailer's first exclusive fragrance brand. According to the company, the brand includes four collections it says are inspired by different personalities: Confident and Charming, Good and Grounded, Vibrant and Playful, and Cool and Collected. Featuring paraben-free scents, the vegan fragrances are made with essential oils and will be available at all Target branches from January 21, 2018.
"Say Hello to Good Chemistry, Target’s First Exclusive Fragrance Brand", Target, January 18, 2018, © Target Brands, Inc.
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Lidl Launches Line Of Skincare Products In UK

January 18, 2018: 12:00 AM EST
Discount retailer Lidl has launched the Cien Cellular Beauty line of skincare products in the UK. With an affordable price of ₤15, the products contain ingredients similar to those used in the La Prairie Cellular Radiance Cream, which cost almost ₤500. With every product costing ₤3.49, the range includes a day cream, night cream, and serum.
Anna Johnstone, "Lidl are launching a £3.49 cellular beauty cream – and it costs £490 less than La Prairie’s version", The Sun, January 18, 2018, © News Group Newspapers Limited
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Bioengineering Success May Give L’Oréal A Competitive Advantage In China

January 16, 2018: 12:00 AM EST
L’Oréal China Co. has succeeded in reconstructing Chinese skin cells in a Shanghai lab from living tissue donors. The cells will be used by R&D teams to test makeup and skincare products, such as anti-aging serums, whitening creams, and pollution-fighting cleansers, for Chinese consumers – “the most demanding in the world in almost all our product categories,” a company representative said. L’Oréal is the top-selling beauty brand in China, but consumers have begun to turn to local brands for products formulated for their skin type. An industry analyst said the company has recognized the trend and has ”moved to adapt to the different genes to capture the huge potential of the Chinese market.” [ Image credit: © Cosmetics China Agency ]
Louise Prance Miles, "L’Oréal Replicates Chinese Skin in Shanghai-Lab to Better Cater to Regional Consumer", Global Cosmetic News, January 16, 2018, © Global Cosmetic Media Limited
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Avon Uses CDP's Smart Packaging Tech To Determine How Consumers Use New Anti-Aging Product

January 16, 2018: 12:00 AM EST
Beauty brand Avon worked with technology consulting firm Cambridge Design Partnership for the launch of the ANEW Reversalist Infinite Effects Night Treatment Cream skincare product. Using smart packaging technology, the companies hope to determine how participants in the product test are really using the skincare product. Avon said in order to make the most of the product's anti-aging effects, consumers should rotate its Phyto+ and SuperRetinol complexes every seven days.
Tony Quested, "Avon calls on CDP in trial of new anti-ageing product", Business Weekly, January 16, 2018, © Business Weekly
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Ceramide Skincare Market Has A New Player

January 10, 2018: 12:00 AM EST
Personal care company ESN Group has entered the ceramide skincare market with its Ceramedx line of formulations, including a cleanser, moisturizing cream, and body lotion. The products feature a “plant-based ceramide technology” known as Riceramide-3 Complex. They are fragrance-free and made without parabens or petrolatum. Ceramide-based skincare products entered the market with the launch of Nestlé subsidiary Galderma’s Cetaphil product line, which now includes formulations for men. Another major competitor for California-based ESN Group is L’Oréal, which paid more than a billion dollars to acquire the Valeant skincare brands, which include CeraVe. In the Ceramedx press release, a dermatologist noted that the new product line offers “a more natural alternative for patients of mine with dry skin who need a therapeutic product.” [ Image credit: © Ceramedx ]
Deanna Utroske, "A New Competitor Enters the Ceramide Skin Care Space", CosmeticsDesign.com | USA, January 10, 2018, © William Reed Business Media Ltd
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Survey: Americans Are Neglecting To Moisturize Their Skin In Winter

January 8, 2018: 12:00 AM EST
An online survey conducted by Harris Poll has found that 65 percent of participants believe the winds, low temperatures, hot showers, and warm houses of January contribute to dry skin. The poll, sponsored by skincare company CeraVe, found that 42 percent believe dry skin in the winter is one of the things they dislike most – more than going to the DMV, filing taxes, and shoveling snow – and wish there were a “quick fix” for the problem. Many of those polled (25 percent) said they are neglecting a skincare routine that could bring them the fix they're seeking. Fifteen percent admitted they never moisturize their skin at all. CeraVe announced the poll results in conjunction with its declaration that January 8 is Winter Skin Relief Day, a good time to start moisturizing with products like CeraVe Healing Ointment. [ Image credit: © CeraVe ]
"Many Americans Would Trade Social Media for Healthy Skin", News release, CeraVe, January 08, 2018, © CeraVe
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L'Oreal
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Sephora India Plans To Open More Stores In The Country

January 8, 2018: 12:00 AM EST
Sephora India plans to expand its store network in the country by opening 10-12 stores in the coming 15 months. At present, the beauty retailer, a joint venture between Sephora and Arvind Ltd., operates 13 company-owned retail branches in the country's metropolitan centers. India's beauty and grooming market, valued at $8 billion, is expanding at a compounded annual growth rate of 18 percent, with the premium segment growing at a faster rate of about 28 percent.
Shobha Roy, "French cosmetics retailer Sephora to deck up India in premium products", The Hindu Business Line, January 08, 2018, © The Hindu Business Line
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L'Oréal Debuts Wearable UV-Sensing Technology At Electronics Show

January 7, 2018: 12:00 AM EST
L'Oréal recently showcased two technology products from the La Roche-Posay brand designed to advance skin safety in the sun. Introduced at the Consumer Electronics Show in Las Vegas in February, UV Sense is a battery-free wearable -- on the thumbnail -- electronic UV sensor that provides crucial information about individual ultraviolet (UV) exposure levels. A limited-edition variant of My UV Patch was also on display. Both technologies, designed by Yves Béhar’s fuseproject design studio, will be available from the La Roche-Posay brand this year. The company launched My UV Patch, a stretchable skin sensor to monitor UV exposure, in 2016. [ Image credit: © L'Oréal]
"L'Oréal Advances Its Commitment to Promoting Sun Safety with La Roche-Posay UV Sense, the First Battery-Free Wearable Electronic UV Sensor", News release, L'Oréal, January 07, 2018, © L'Oréal
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Peltz As Procter & Gamble Director Signals Cheaper Consumer Goods In 2018

January 3, 2018: 12:00 AM EST
Activist investor Nelson Peltz's appointment to Procter & Gamble's board of directors could signal lower prices for the company's personal care and household care products, according to analysts. Peltz's investment company, Trian Management Group, has claimed that P&G's biggest challenge is “declining market share.” According to the investment firm, high markups are the main reason why the company is losing market share.
Nathaniel Meyersohn , "Are cheaper Pampers and Tide coming in 2018?", CNN Money , January 03, 2018, © Cable News Network
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Shiseido Moves American HQ To Upgraded Manhattan Office Tower

December 12, 2017: 12:00 AM EST
Japanese beauty brand Shiseido Co. plans to relocate its US headquarters to New York City's 390 Madison Ave. As part of the 15-year lease signed by the company, Shiseido Americas Corp. will take the 15th through 22nd floors of the totally renovated office building in midtown Manhattan. According to an unnamed source, the company has agreed to pay about $100 per square foot for the 225,800 square feet in the tower.
David M Levitt, "Japan's Shiseido Is Moving U.S. Headquarters to Renovated NYC Tower", Bloomberg, December 12, 2017, © Bloomberg L.P.
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Procter & Gamble Receives CSR Honors From Forbes, JUST Capital

December 12, 2017: 12:00 AM EST

Procter & Gamble was honored as one of the country's Most JUST Companies by the Forbes magazine and the nonprofit JUST Capital. Results of a survey of more than 72,000 respondents helped JUST Capital define just corporate behaviors, as well as find out the issues that Americans consider as most important, including drivers and components of corporate justness. For its part, P&G has released its “2017 Citizenship Report,” which highlights the company's performance in terms of ethics and corporate responsibility, community impact, gender equality, diversity and inclusion, and environmental sustainability.

"P&G Named One of America’s Best Corporate Citizens", Procter & Gamble, December 12, 2017, © Procter & Gamble
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New Tests For Skin Allergy, Eye Irritation Offer Alternatives To Animal Testing

November 28, 2017: 12:00 AM EST
L’Oréal has developed two ways to test compounds for skin allergy and eye irritation that can be used instead of animal testing. The two new alternatives have been adopted by the Organisation for Economic Cooperation and Development (OECD). U-SENS predicts the sensitizing potential of formulations, while HCE EIT can detect the eye irritation potential of chemicals. The U-SENS method for detecting and predicting a skin allergy is based on tests performed in vitro on human cells that express a specific marker of immunity. HCE EIT is based on a human cornea epithelium model reconstructed in vitro that faithfully reproduces human histological and morphological properties.  [ Image credit: © Univ. of Cincinnati  ]
Lucy Whitehouse, "L’Oreal Develops Two New Animal Testing Alternatives", CosmeticsDesign-Europe.com, November 28, 2017, © William Reed Business Media Ltd
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Kao Completes New Manufacturing Building In Taiwan

November 24, 2017: 12:00 AM EST
Kao (Taiwan) Corporation said it has completed the construction of a new manufacturing building for beauty care products in the company's factory in Taiwan's Hsinchu County. With an initial investment of 3.3 billion yen, the new building will expand the company's supply capacity and address the growing beauty care business of the Japanese beauty brand's Taiwanese subsidiary. According to the company, the new facility will start manufacturing the Biore and Men's Biore skincare products and the Essential and Liese haircare products. Kao has implemented the Good Manufacturing Practice standards to ensure safety and quality during the whole production process.
"Kao completes construction of new production building for beauty care products in Taiwan plant", Kao, November 24, 2017, © Kao Corporation
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Unilever Starts Process Of Looking For New CEO

November 23, 2017: 12:00 AM EST
Unilever is working with executive search consulting firm Egon Zehnder International to search for current CEO Paul Polman's successor. Although the company has yet to officially announce a possible date for Polman's retirement, some unnamed sources expect the veteran executive to leave in about 18 months. According to Sky News, Egon Zehnder is helping Unilever's board of directors prepare for a formal search process.
Mark Kleinman, "Dove-maker Unilever paves way for exit of veteran CEO Polman", Sky UK, November 23, 2017, © Sky UK
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Old Spice Launches Video Ad With Exploding Log And Terry Crews

November 23, 2017: 12:00 AM EST
Men's grooming brand Old Spice launched “Ye Olde Exploding Yule Log,” an advertising video featuring actor Terry Crews. Created by advertising agency Wieden + Kennedy, the video shows Crews and a yule log periodically exploding.
Tim Nudd, "Old Spice and Terry Crews Bring You ‘Ye Olde Exploding Yule Log’ for the Holidays", Adweek, November 23, 2017, © Adweek
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Procter & Gamble
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Henkel Names Fortunato General Manager Of Schwarzkopf Professional North America

November 9, 2017: 12:00 AM EST
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, © Rodman Media
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Henkel
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Shiseido Posts Net Loss For First 9 Months Of Fiscal Year 2017

November 9, 2017: 12:00 AM EST
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, © Shiseido Company, Limited
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Shiseido Acquires AI Technology Company

November 7, 2017: 12:00 AM EST
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. [ Image credit: © Giaran  ]
"Shiseido Americas Acquires Giaran, Inc. ", News release, Shiseido, November 07, 2017, © Shiseido Company, Ltd.
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Hain Celestial‘s 1st Quarter Delivered “Solid” Gains In Sales, Profit

November 7, 2017: 12:00 AM EST
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. [ Image credit: © Hain Celestial ]
"Hain Celestial Reports First Quarter Fiscal Year 2018 Financial Results", News release, Hain Celestial, November 07, 2017, © Hain Celestial
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L’Oréal Sees “Big Potential” In International Deployment Of CeraVe

November 2, 2017: 12:00 AM EST
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. [ Image credit: ©  L’Oréal  ]
"Q3 2017 L'Oreal SA Corporate Sales Call - Final", FD (Fair Disclosure) Wire / Nexis , November 02, 2017, © FD Wire Nexis
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Stagnant Indonesia Economy Could Drive Unilever To Tinker With Product Portfolio

November 2, 2017: 12:00 AM EST
A PT Unilever Indonesia executive said a stagnant business environment tends to increase the cost of living and push middle-class consumers toward smaller, cheaper products. More affluent consumers, however, continue to buy premium-priced goods. Consumer research in Indonesia shows that the composition of high-income, middle-income, and low-income consumers is now 10 percent-40 percent-50 percent, respectively. The middle-income segment could decline, however, if the stagnant environment persisted. Anticipating that, Unilever would “need to change our portfolio."  [ Image credit: © Unilever Indonesia   ]
Anton Hermansyah, "Middle consumer segment shifts to lower-value goods", The Jakarta Post, November 02, 2017, © PT. Niskala Media Tenggara
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Reckitt Benckiser Plans To Break Up Business Into Two Divisions

October 18, 2017: 12:00 AM EST
Reckitt Benckiser announced plans to restructure its business into two distinct operations, a health division and another covering hygiene and home products. RB's decision to reorganize came following its acquisition of US-based baby formula manufacturer Mead Johnson in June 2017. Also, the company, which has been seeing a tough year, reported its worst quarter ever in July 2017.
Martinne Geller, "Reckitt Benckiser to Form Two Business Units for Better Focus", Reuters, October 18, 2017, © Thomson Reuters
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L'Oreal Names Dumas EVP Of Communication And Public Affairs

October 17, 2017: 12:00 AM EST
L'Oreal has announced the appointment of Lucia Dumas as executive vice president of the company's Communication and Public Affairs department. Also, Dumas will become part of the company's Executive Committee in January 2018. Dumas will succeed Isabel Marey-Semper who is leaving following eight years in the Group.
"Appointment to L’Oreal Group Executive Committee", L'Oréal , October 17, 2017, © L'Oréal
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Herbal Essences Launches Film Highlighting Women Ready For Change

October 17, 2017: 12:00 AM EST
Haircare brand Herbal Essences has launched a marketing campaign featuring the short film, “Changes.” According to the company, the campaign aims to encourage women to accept life changes as a means of living “more fully.” Through the film, four women share their backgrounds, their reasons for deciding to change, and how their choice made their life more exciting.
"Herbal Essences: Changes by Forsman & Bodenfors", The Drum, October 17, 2017, © Carnyx Group Ltd
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The Body Shop Launches Asian-Themed Skincare Products In New Zealand

October 16, 2017: 12:00 AM EST
Beauty retailer The Body Shop has introduced the Japanese Matcha Tea Pollution Clearing Mask skincare product in New Zealand. According to the company, the product features the antioxidant properties of Japan's matcha green tea and dandelion extracts from France. Also, the retailer announced the Chinese Ginseng & Rice cleanser and toner, the Clarifying Polishing Powder Wash, and the Clarifying Milky Toner.
Portia Gascoigne, "Face the good stuff with the Body Shop’s new Asian fusion range", Lucire, October 16, 2017, © JY&A Media, a division of Jack Yan & Associates
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FMCG Start-Ups In India Rely On Innovation, Pluck

October 13, 2017: 12:00 AM EST
The biggest hurdles for India’s start-up FMCG companies as they battle industry giants for market share are capital, retail shelf space, distribution, and marketing. They sometimes make strides through pure luck, but innovation and persistence are the most reliable vehicles to success. In its early days RAW Pressery, for example, an online marketer of cold-pressed juices, adapted Mumbai’s dabbawala hot-lunch delivery system based on bicycles and rail transport to deliver its juice products. Dabbawalas were able to deliver 50,000 purchases in three hours. Four years later, the company’s fleet of 25 refrigerated vehicles delivers its own juices as well as products for other brands. The end result is that RAW Pressery and other aggressive start-ups are able to peel off market share from bigwigs like Unilever, Nestlé, and others.
Supraja Srinivasan, "Battleground FMCG: How Consumer Product Startups are Battling Roadblocks to Stand Out Amid Giants", The Economic Times, October 13, 2017, © Bennett, Coleman & Co. Ltd.
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Shareholders Elect All Of Procter & Gamble's Directors To Board

October 10, 2017: 12:00 AM EST
Procter & Gamble said its shareholders have elected all of the company's 11 directors to the P&G board of directors. Activist investor Nelson Peltz of Trian was not elected to the board, the company said.
"P&G Shareholders Elect All Eleven P&G Directors at 2017 Annual Meeting", Procter & Gamble, October 10, 2017, © Procter & Gamble
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LVMH Posts Strong Revenue Growth In First 9 Months Of 2017

October 9, 2017: 12:00 AM EST
LVMH Moet Hennessy Louis Vuitton reported revenue grew 14 percent to €30.1 billion during the first nine months of 2017, compared with the same period in 2016. Organic revenue jumped 12 percent from previous year's figures, the company said. Also, all of the company's business groups, except Wines and Spirits, posted double-digit organic growth.
"LVMH: 12% organic revenue growth in the first nine months of 2017", LVMH, October 09, 2017, © LVMH
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Dollar Shave Club Plans 2018 Europe Expansion

October 9, 2017: 12:00 AM EST
Unilever's Dollar Shave Club unit plans to expand into Europe in 2018, according to the subscription-razor-blade company's founder and CEO Michael Dubin. Acquired by Unilever in 2016 for $1 billion, Dollar Shave Club has grown to grab 20 percent of the razor market by volume and 10 percent in dollar share. In addition to geographic expansion, Dollar Shave Club has also increased its product categories.
Caroline Baldwin, "Dollar Shave Club to enter Europe in 2018", Essential Retail, October 09, 2017, © Reed Exhibitions Limited
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Seeing Inefficiency, P&G Seeks Revamp Of Digital Ad Strategy

October 8, 2017: 12:00 AM EST
Procter & Gamble’s chief brand officer, Marc Pritchard, is revamping the company’s digital marketing processes to avoid wasted ad spend and to grow revenue, which is stuck in the low single-digits. Pritchard argues that despite spending $600 billion annually, P&G is “reaching too few people too many times with too many ads.” The company is now working with social media networks to create shorter, less frequent, yet more engaging digital ads, and also to ensure that its ads are not shown alongside irrelevant or offensive content. [Image credit © Wikimedia Commons]
Kristina Monllos, "P&G’s Marketing Chief Argues Against Waste in the Digital Space and Addresses Growth for Brands", Adweek, October 08, 2017, © Adweek
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Shiseido Launches Skincare And Body-Care Brand For Millennials

October 6, 2017: 12:00 AM EST
Shiseido is launching the Recipist, a brand of skincare and body-care products aimed at millennials in Japan. According to the Japanese beauty brand, the products will be sold exclusively online starting on November 1, 2017. Designed to restore the skin's balance, the products are formulated with natural ingredients, the company said.
Kelly Wetherille , "Shiseido Targets Millennials in Japan With Recipist Brand", Women’s Wear Daily, October 06, 2017, © Penske Media Corporation
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Amorepacific Receives US Patent For Skin Whitening Compound

October 6, 2017: 12:00 AM EST
South Korean beauty brand Amorepacific Corporation has received a US patent for a method for whitening skin and enhancing skin elasticity. Patent details revealed that a collagen peptide, Oldenlandia diffusa, and a white ginseng polysaccharide are the formulation's active ingredients. Also, the liquid crystal oil-in-water emulsion base includes sorbitan stearate, sorbitan laurate, and behenyl alcohol.
"Amorepacific Patents Skin Resilience and Whitening Composition", Happi, October 06, 2017, © Rodman Media
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Walgreens Boots Alliance Launches YourGoodSkin Line Of Skincare Products

October 4, 2017: 12:00 AM EST
Walgreens Boots Alliance has launched the YourGoodSkin line of skincare products exclusively at Walgreens stores in the US and Boots branches in the UK and Ireland. Developed in partnership with scientists, dermatologists, and thousands of women, YourGoodSkin products are designed to “help transform skin” and give consumers “good skin for life.” Featuring the Balancing Skin Concentrate ingredient, YourGoodSkin products can give 90 percent of women skin with improved texture; 71 percent, more even skin tone; and 80 percent, more radiant skin, according to test results.
"Walgreens Boots Alliance Launches YourGoodSkin™, First Skincare Range in over 20 Years Which Includes Hero Product ‘Balancing Skin Concentrate,’ Clinically Proven to Improve the Five Key Signs of Visibly Healthy Skin", Business Wire, October 04, 2017, © Business Wire, Inc.
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Rexona Signs Marketing Deal With Chelsea Football Club In Nigeria

October 3, 2017: 12:00 AM EST
Unilever's Rexona brand of deodorants signed a marketing deal with the Chelsea Football Club in Nigeria. An expansion of Chelsea's partnership with Shield in South Africa, the deal aims to “celebrate and inspire” people who are making moves in Africa. Also, the deal seeks to provide aspiring football players across the continent with the chance to achieve their goals on and off the field.
"Rexona Announces Partnership with Chelsea FC", THISDAY, October 03, 2017, © THISDAY NEWSPAPERS LTD.
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L'Oreal Agrees To Advertise On Piccadilly Lights Outdoor Ad Platform

October 2, 2017: 12:00 AM EST
Beauty brand L'Oreal has agreed to advertise on the Piccadilly Lights outdoor advertising platform. Scheduled for relaunch in October 2017, the outdoor advertising site has been turned off in January 2017 for renovation and upgrade, including the installation of a 4K LED digital screen and live technology center.
Omar Oakes, "L'Oreal signs on to advertise at new Piccadilly Lights", Campaign Live, October 02, 2017, © Haymarket Media Group Ltd.
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