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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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Shiseido
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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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Procter & Gamble
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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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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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Unilever
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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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Procter & Gamble
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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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Unilever
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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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Bulldog Skincare For Men Launches New TV Ad Campaign

September 30, 2017: 12:00 AM EST
Bulldog Skincare for Men has launched a new advertising campaign featuring a telepathic dog. Created by Adam&Eve/DDB, the TV advertisement, “Bank Robbery,” stars a telepathic dog that “truly understands men.”
"Bulldog Skincare: Bank Robbery by Adam&Eve/DDB", The Drum, September 30, 2017, © Carnyx Group Ltd
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Lancome Names Actress Neelofa First Malaysian Brand Ambassador

September 29, 2017: 12:00 AM EST
Cosmetics brand Lancome has named Malaysian actress, TV host, and entrepreneur Neelofa, also known as Noor Neelofa Mohd, as official ambassador. This makes Neelofa the brand's first Malaysian ambassador, as well as the its first hijab-wearing representative.
"Neelofa To Be The First Lancôme Ambassador Wearing The Hijab", malaysiandigest.com, September 29, 2017, © malaysiandigest.com
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Wal-Mart Aims For High-End Market With Jet.com

September 28, 2017: 12:00 AM EST
Wal-Mart Stores Inc. is repositioning its Jet ecommerce unit toward the high-end market, as part of the retailer's efforts to compete with online rival Amazon. Acquired by Wal-Mart for $3.3 billion in 2016, Jet plans to sell apparel from online retailers bought by the retail giant in the previous year. Also, Jet plans to introduce a new line of private-label food and grocery items.
Sarah Nassauer, "Wal-Mart Tries to Take Jet.com Upscale", The Wall Street Journal, September 28, 2017, © Dow Jones & Company, Inc.
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P&G's Ex-CEO Opposes Activist Investor's Election To Board Of Directors

September 28, 2017: 12:00 AM EST
Procter & Gamble Co.'s former CEO A.G. Lafley said shareholders should not elect activist investor Nelson Peltz to the company's board of directors. According to Lafley, Peltz's proposal to reorganize the company, which includes turning P&G into a holding company, would be a “huge step backward” and a mistake. Peltz, who has acquired $3.5-billion worth of stock in P&G, said he wants to cut the company's corporate employees by 90 percent. Peltz is the CEO of hedge fund company Trian Fund Management, which has a history of purchasing a large stake in a company, securing a board seat, and pushing for company reorganization in order to raise the stock price.
Barrett J. Brunsman , "EXCLUSIVE: Former P&G CEO Lafley says activist investor is ‘just plain wrong’", Cincinnati Business Courier , September 28, 2017, © American City Business Journals
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Procter & Gamble Makes Advertising More Accessible For Blind People

September 28, 2017: 12:00 AM EST
Procter & Gamble has changed its advertising to expand diversity and inclusivity. Described by the company as an ongoing process, the changes include making most of its advertisements consumable by blind people. Sam Latif, a consultant and leader of the company's people with disabilities affinity group, has been a driving force for P&G's efforts to make its advertising more accessible for people with disabilities.
Leonie Roderick , "P&G rethinks advertising to make it more accessible", Centaur Communications Ltd, September 28, 2017, © Centaur Communications Ltd
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Unilever Denies KJU Perfumed By Lux Shower Gels Named After North Korean Leader

September 28, 2017: 12:00 AM EST
Unilever has denied that the initials “KJU” from the brand KJU Perfumed by Lux of shower gels designed for the China market stand for Kim Jong Un, North Korea's leader. According to the company's head of personal care business, Alan Jope, the company realized there was an issue with the initials only after they had trademarked it.
Thomas Mulier, "New 'KJU' Shower Gel Not Named After Kim Jong Un, Insists Unilever", Bloomberg, September 28, 2017, © Bloomberg LP
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Unilever Indonesia Launches Body Moisturizer For Hijab-Wearing Women

September 27, 2017: 12:00 AM EST
Unilever launched the Pureline Hijab Fresh, a body moisturizer designed for Muslim women who wear hijabs in Indonesia. According to Unilever Indonesia VP for personal care, Ira Noviarti, there are at least 20 million women who wear hijabs in the country. Muslim women who wear hijabs account for 68 percent of total sales of fast-moving consumer goods in the country, Noviarti added.
Erwida Maulia, "Unilever Indonesia expands beauty products for Muslim women", Nikkei, September 27, 2017, © Nikkei Inc.
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Unilever Joins Better Than Cash Alliance's Push For Digital Finance

September 26, 2017: 12:00 AM EST
Unilever announced a collaboration with the UN-based group Better Than Cash Alliance, which promotes digital payment as a means of supporting women and smallholder farmers. Part of Unilever's Sustainable Living Plan, the consumer goods company's deal with the organization signals its commitment to move away from cash as a payment platform for its value chain. According to Better Than Cash Alliance, digital modes of repaying loans have enabled farmers to reduce payment losses and collections costs, as well as “improved transparency and efficiency.”
"Unilever Joins Better Than Cash Alliance, Embraces Digital Finance Across Value Chain", Sustainable Brands, September 26, 2017, © Sustainable Life Media Inc.
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L’Oreal And Nestle To Face Ownership Options For French Cosmetics Group

September 22, 2017: 12:00 AM EST
The death of heiress Liliane Bettencourt, whose family owns 33 percent of L’Oréal, will likely force key investors to address the company’s ownership structure. Nestlé SA, which owns 23 percent, agreed with the Bettencourts not to increase stakes in L’Oréal, but this agreement expires in six months.  Nestlé could then purchase a controlling share in L’Oréal but is more likely to sell its stake, a move that would force L’Oréal to accept wider (and potentially hostile) ownership or opt to invest further funds in the company, boosting earnings per share but reducing funds available for acquisitions.  For Nestlé, the resulting 24 billion euro windfall brings a dilemma. It could payout funds to appease shareholders and especially its activist investor, Third Point, or use the funds to double down on its currently lackluster food and nutrition business. [Image credit © Aneo via Flickr]
Andrea Felsted et al., "A Historic Moment for L'Oreal... and Nestle", Bloomberg Gadfly, September 22, 2017, © Bloomberg Finance L.P.
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Skincare Products Get A New Lease On Life Around The Globe

September 8, 2017: 12:00 AM EST
L'Oréal sees the skincare market reviving globally, especially in China, and that’s a “good phenomenon,” according to CEO Jean-Paul Agon. Skincare sales at the company are up by single-digit rates. Active Cosmetics was its second-biggest growth story in the first six months of the year, behind L’Oréal Luxe, which grew 15.4 percent. The consumer division, however, was its second-weakest in the first half of fiscal 2017, with sales up 3.8 percent to about $6.4 billion, hurt particularly by mass market makeup in the U.S. L'Oréal thinks the reasons might be “a certain transfer into higher-price items and maybe a reallocation of [consumer] spending" to different categories. [ Image credit: © Shanghai Daily  ]
Jamie Hammon, "L'Oréal Benefits From 'Skin-Care Comeback,' With Mass Makeup Slowing", Rose Sheet, September 08, 2017, © Informa plc.
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Americans Are Woefully Ignorant Of How To Properly Wash Their Faces

September 1, 2017: 12:00 AM EST
A national survey sponsored by L’Oréal’s CeraVe skincare brand found that 80 percent of Americans are not cleaning their faces properly, making mistakes like using bath wash or hand soap, water alone, or not washing at all. The survey of 1,000 adult Americans found that 60 percent feel uninformed about proper skin cleansing methods. Nearly two-thirds had no idea what ingredients to look for when purchasing a facial cleanser, and fewer than 10 percent had heard of the skin ingredients called ceramides – a key ingredient of the CeraVe line of products – that restore moisture and strengthen the skin barrier. A N.Y dermatologist said the results are “troubling” but not surprising. [ Image credit: © Dr. Cynthia Bailey  ]
"National Study Reveals Up to 80 Percent of Americans Wash Their Face Incorrectly", News release, CeraVe, September 01, 2017, © CeraVe
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L'Oreal
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Acquisitions, Divestitures, Keep L'Oréal Growing

September 1, 2017: 12:00 AM EST
L'Oréal is rapidly gaining on household and personal products market leader Unilever in the international top 30 companies list compiled by Happi.com. Despite the company’s agreement to sell The Body Shop to Natura – “the best new owner we could imagine to nurture the brand,” said CEO Jean-Paul Agon – the company grew in size after acquiring CeraVe, AcneFree, and Ambi from Valeant for $1.3 billion. Last year, L'Oréal acquired IT Cosmetics for $1.2 billion and Atelier Cologne. The Active Cosmetics unit, parent of CeraVe and other product lines, saw sales rise 5.7 percent, driven by a 12 percent increase in La Roche-Posay sales. The division is also ramping up efforts to reduce skin cancer with an array of sun care products. [ Image credit: © L'Oréal  ]
"The International Top 30: An emerging trend", News release, Happi.com, September 01, 2017, © Rodman Media
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L'Oreal
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Unilever
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L’Oreal Seeks U.S. Marketing Chief For CeraVe Products

August 18, 2017: 12:00 AM EST
L’Oreal is looking to hire a New York-based marketing manager for its CeraVe anti-aging cosmetics line. The company’s help-wanted ad describes a manager who will create and execute sustainable, consumer-centric plans involving all elements of the marketing mix; launch new products; coordinate U.S. marketing campaigns; and conduct routine business analysis, among other responsibilities. The company prefers someone with an MBA, but at least an undergraduate marketing degree, and several years’ experience. [ Image credit: © CeraVe  ]
"JOB POSTINGS: Manager, Marketing – CeraVe", L’Oreal, August 18, 2017, © L’Oreal
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Netherlands

The Body Shop Launches Natural Hair And Scalp Care Product In Sri Lanka

August 17, 2017: 12:00 AM EST
Beauty retailer The Body Shop has launched the Fuji Green Tea Cleansing Hair Scrub haircare product in Sri Lanka. Inspired by a combination of Japanese green tea, mint menthol, salt crystals, and Community Trade honey from Ethiopia, the product is designed to deal with scalpcare problems caused by exposure to heat, pollution, and other harmful external factors. Faithful to the company's “Enrich, not Exploit” corporate principle, the product's ingredients are fully vegetarian, free from parabens, and sourced from sustainable suppliers.
"Refreshingly clean hair with The Body Shop’s Fuji Green Tea Hair Scrub", Daily Mirror, August 17, 2017, © Wijeya Newspapers Ltd.
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L'Oreal India Poaches Vodafone's Media Chief Neel Pandya

August 11, 2017: 12:00 AM EST
L'Oreal India has named Vodafone India's national media and digital head Neel Pandya as its new national head of media. Neel joined Vodafone in 2014 as media manager and was promoted to national media and digital chief in 2016. He managed the launch of the telecommunications company's launch of a Twitter Brand Emoji, India's first, for Vodafone's IPL Campaign in 2016.
Satrajit Sen, "Exclusive: Vodafone’s National Media Head Neel Pandya Joins L'Oréal India", adageindia, August 11, 2017, © Times Internet Limited
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CeraVe Achieves Cult Status On Social Media

August 5, 2017: 12:00 AM EST
L’Oréal’s CeraVe is the drugstore skincare brand that is followed closely on Reddit’s huge Skincare Addiction thread patronized by dermatologists, experts, and full-blown skin care lovers. It has turned CeraVe into a “legit cult-favorite and desert-island necessity.” Launched in 2005 with a cleanser, moisturizing lotion, and moisturizing cream, the brand has expanded to include a full line of moisturizers, cleansers, body washes, and SPFs. Visitors to the Skincare Addiction thread on Reddit focus on CeraVe’s ability to get rid of stubborn breakouts and moisturize oily skin without aggravation. A key to the success is CeraVe’s low-cost, easy-to-find products that work with all skin types. [ Image credit: © Wikimedia  ]
Ruby Buddemeyer, "How CeraVe Became the Internet’s Cult-Favorite Drugstore Brand", stylecaster, August 05, 2017, © stylecaster
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L'Oreal
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Procter & Gamble Cuts $140 Million From Digital Advertising Spend

August 3, 2017: 12:00 AM EST
Procter & Gamble reduced spending on digital advertising by $140 million in the second quarter of 2017. With the company reporting no adverse impact on revenue performance during the quarter, marketers have to ask their marketing and media agencies some questions, including how they are measuring the effectiveness of digital marketing spending. Also, clients need to understand the methods used by digital and publishing partners to measure the effectiveness of digital campaigns.
George Popstefanov, "P&G'S $140 Million Lesson on Transparency", Advertising Age, August 03, 2017, © Crain Communications
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L’Oréal Displays Beauty Innovations At Paris Technology Show

August 3, 2017: 12:00 AM EST
L’Oréal showcased its latest beauty innovations at Viva Technology Paris in June. Lancome, Kerastase, L'Oreal Paris, La Roche-Posay and L'Oreal Professionnel showed how they applied advanced digital technologies to create personalized services for consumers. The L’Oréal display area in the center of the Hall of Tech also included a startup corner highlighting partnerships with young companies in the area of human resources. Among other innovations, the company presented in Europe for the first time Lancome's Le Teint Particulier Custom Made Foundation that matches skin tone to a personalized foundation at the point of sale. [ Image credit: © L’Oréal   ]
"L’Oreal presents its connected beauty innovations and partnerships with startups at Viva Technology Paris 2017 ", L’Oréal, August 03, 2017, © L'Oréal
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Active Cosmetics Are A Rising Star In L’Oréal’s Firmament

August 2, 2017: 12:00 AM EST
L’Oréal’s half-year financial results shed some light on the hot “active cosmetics” trend in the beauty industry. The company’s Active Cosmetics Division showed a sales growth rate of 11.1 percent through the end of June, and 4.6 percent like-for-like. Profit was 26.7 percent, compared with 27.7 percent a year ago. The division includes brands with derma/pharmaceutical profile and image, and are sold in healthcare outlets. They include Vichy, La Roche-Posay, and SkinCeuticals, “dermocosmetics” developed and endorsed by dermatologists, pediatricians, cosmetic doctors. North America is the number one contributor to the division's growth, reflecting the successful integration of CeraVe into the portfolio, and the dynamism of SkinCeuticals and La Roche-Posay. [ Image credit: © CeraVe  ]
Lucy Whitehouse, "Spotlight on active cosmetics: growth accelerating as trend becomes mainstream", CosmeticsDesign-Europe.com, August 02, 2017, © William Reed Business Media Ltd
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Proper Skin Cleansing Is Apparently Not An American Talent

August 1, 2017: 12:00 AM EST
A national survey or 1,000 American men and women found that facial cleansing – and skin cleaning in general – is not a major skill. Eighty percent err when cleansing their face, according to the CeraVe study, which also found that: 60 percent of Americans are generally unaware of how to properly cleanse their skin; more than half use bath wash or hand soap to cleanse their face (a third use only water); and nearly two thirds (65 percent) are clueless when it comes to ingredients to look for when shopping for a facial cleanser. Sixty-three percent don't know what those ingredients are for. The survey was conducted by the makers of skincare brand CeraVe to mark National Cleanse Your Skin Week. [ Image credit: © CeraVe  ]
"National Study Reveals Up to 80 Percent of Americans Wash Their Face Incorrectly", News release, CeraVe, August 01, 2017, © CeraVe
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L’Oréal CEO Says CeraVe Line Doing Well, Will Expand To Europe In 2018

July 28, 2017: 12:00 AM EST
In a conference call with analysts in June discussing six-month sales and profit performance, L’Oréal CEO Jean-Paul Agon [left] commented on the progress of its newly-acquired CeraVe skincare product line. According to Agon, CeraVe is “already contributing with double-digit growth” in the U.S. market. And the company’s globalization strategy includes a plan to expand CeraVe to Europe beginning in mid-2018, “because we need some time to adapt the formulations for Europe, but it would be deployed next year.” CeraVe was acquired from Canada’s Valeant in March 2017 and is now part of the fast-growing Active Cosmetics division. [ Image credit: © L’Oréal  ]
"L'Oreal's (LRLCF) CEO Jean-Paul Agon on First Half 2017 Results - Earnings Call Transcript", Seeking Alpha, July 28, 2017, © Seeking Alpha
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Unilever Employs Accenture To Build Cloud Computing-Based Trade And Marketing Solutions

July 25, 2017: 12:00 AM EST
Unilever signed a contract with Accenture to deploy the Accenture Cloud Trade Promotion Management and Accenture Cloud Retail Execution to create a common system for the consumer goods company's trade and marketing operations. Based on the Salesforce cloud computing platform, the Accenture Cloud solutions integrate Accenture's expertise on front-office consumer goods industry and Salesforce's top customer relations management solution with native cloud, mobile, social, data science, and artificial intelligence capabilities. Also, Accenture will provide Accenture NewsPage, which would let Unilever create a single system for managing the company's network of third-party distributors.
"Unilever to Enhance Trade and Sales Activities By Moving to Accenture Cloud Solutions for Consumer Goods Built on the Salesforce Platform", Business Wire, July 25, 2017, © Business Wire, Inc.
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RB Posts Lower Net Revenue In First Half Of 2017

July 24, 2017: 12:00 AM EST
Reckitt Benckiser reported net revenue declined like for like to ₤5.017 billion in the first half of 2017, compared with the same period of the previous year. Operating profit for the period was ₤1.063 billion, an increase of 50 percent compared with the same period in 2016. Operating profit rose 16 percent to ₤1.19 billion on an adjusted basis. According to the company, net finance expense for the period was ₤47 million, the increase caused by the increased net debt cost related to its acquisition of Mead Johnson Nutrition.
"Reckitt Benckiser Half Year Results 2017", Reckitt Benckiser, July 24, 2017, © Reckitt Benckiser Group plc
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Shiseido Recalls Body Wash Products

July 21, 2017: 12:00 AM EST
Shiseido Company, Limited, announced a voluntary recall of a number of body wash products manufactured in January to July, 2017. Made at the company's Kuki Factory in Japan, the 23 products covered by the recall announcement include Kuyura Body Care Soap H JB, Kuyura Body Care Soap H, and Kuyura Body Care Soap YJB. Some of the products are marketed in Japan, others in overseas markets, and others sold in both local and international markets.
"Notice and Apology Regarding Voluntary Recall of Body Wash Products", Shiseido, July 21, 2017, © Shiseido Company, Limited
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Sephora Opens First Studio Store Concept In Boston

July 21, 2017: 12:00 AM EST
Beauty retailer Sephora opened its first Sephora Studio, the company's smallest store, in Boston, Massachusetts. Integrating various digital tools, the store concept aims to provide customers with optimized shopping experience during and after store visit. Also, the store offers the company's digital-enhanced beauty care services, including the Sephora Digital Makeover Guide. According to the company, the store's consultants are equipped with the highest levels of certification they can earn from Sephora.
"SEPHORA Pioneers New Retail Innovation with Launch of First Small-Format Concept Store", Business Wire, July 21, 2017, © Business Wire, Inc.
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Unilever’s Tinkering With Marketing Spending Boosts 2nd Q Profits

July 20, 2017: 12:00 AM EST
Unilever’s second quarter financials mostly beat Wall Street expectations – sales growth fell three percent short – but the rise in profit came from cuts in marketing expenses. In April the company said about $2.3 billion of its planned three-year $7 billion cost-cutting program would come from marketing and overhead. During the first half of this fiscal year, however, nearly a third of the cuts came only from marketing; half were attributable to both marketing and overhead. The company is cutting ad agency and production spending, but marketing spending overall will rebound in the second half when 60 percent of Unilever's new-product launches for the year will take place. [ Image credit: © Unilever  ]
Jack Neff, "Unilever Cuts Agency Fees and Production Costs, but a Media Surge Looms", Advertising Age, July 20, 2017, © Crain Communications
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Aldi Says It Will Not Sell Flushable Toilet Wipes In Australia

July 20, 2017: 12:00 AM EST
Discount retailer Aldi has canceled plans to sell the Green Action line of bathroom cleaning wipes the company described as “flushable.” Aldi's action came following complaints by consumers and warnings by the Australian Competition and Consumer Commission regarding how “flushable” wipes harm the environment when disposed of in toilet. In December 2016, the ACCC sued Kimberly-Clark Australia and Pental for making misleading claims by describing their products as biodegradable.
Nic White, "Aldi withdraws 'flushable' toilet wipes from sale after customer backlash and water authorities warning they block drains", Daily Mail, July 20, 2017, © Associated Newspapers Ltd
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Unilever Posts Stronger Revenue Performance In 1H 2017

July 20, 2017: 12:00 AM EST
Unilever said net profit rose to €3.11 billion, or $3.58 billion, for the six-month period ending June 30, 2017, compared with €2.51 billion in the previous year. According to the company, revenue grew to €27.72 billion from the previous year's €26.28 billion. Gross margin improved by 40bps to 43.1 percent, pushed by margin-accretive innovations and acquisitions, the company said.
"Unilever 2017 First Half Results", Unilever, July 20, 2017, © Unilever
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Reckitt Benckiser Divests Food Business

July 19, 2017: 12:00 AM EST
U.K.-based Reckitt Benckiser Group plc announced it is selling its food business (RB Food) to McCormick & Company for $4.2 billion. The RB Food (Chester, N.J.) condiments and toppings line includes French's, Frank's RedHot and Cattlemen's brands. The nutrition bar Tiger’s Milk will be included in the cash-free, debt-free deal. Divestiture of its food business marks another step in RB’s transformation into a consumer health and hygiene company. It acquired infant formula firm Mead Johnson Nutrition in February for $16.7 billion. [ Image credit: © Wikipedia  ]
"Sale of Food Business to McCormick", News release, Reckitt Benckiser, July 19, 2017, © Reckitt Benckiser Group plc
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Walgreens Adds UK Brand Sleek MakeUP To Beauty Lineup

July 17, 2017: 12:00 AM EST
Walgreens said it will start selling Sleek MakeUP brand of cosmetics at more than 150 stores and on Walgreens.com. One of the fastest-growing mass-market beauty brands in the UK, Sleek MakeUP was acquired by Walgreens Boots Alliance in 2015. Created by a local beauty entrepreneur in East London, the brand seeks to cater to the needs of women of color who were faced with limited choices in the cosmetics market.
"Walgreens Continues to Differentiate its Beauty Offering with Sleek MakeUP", Walgreens.com, July 17, 2017, © Walgreens.com
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