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Emerging market growth remained weak with a sharp slow-down in China, while North America shows signs of improvement as the impact of the economic recovery starts to be felt by consumers.
All operating divisions contributed to the 3.5% organic sales growth; company finds success with toothpaste sales across global markets.
Company reports net sales of $20.8 billion, with organic sales in beauty divisions flat; company exists battery business in its effort to focus on its biggest opportunities.
Inter Parfums announced net sales of the company’s ongoing brands (excluding Burberry brand sales) increased 6.0% to $134.2 million; Jimmy Choo sales rose 23% due in part to the successful launch of Jimmy Choo Man and the continued popularity of the brand’s signature scent.
An obsession with beauty and image continues to propel makeup sales in Brazil; direct selling or relationships with local shops and salons among the keys to success.
Acquisition will enable L’Oréal USA to build a new dedicated multi-cultural beauty division; strengthen the company's position in the dynamic multi-cultural market segment.
With the exception of Hong Kong, Organic Monitor reports that the Chinese market for naturals has declined, with markets such as India, Thailand and Singapore picking up momentum.
Kline report finds that multicultural beauty marketers are breaking boundaries between general and multicultural beauty.
Kline reports that alternate shopping channels and sub-channels have emerged as essential for the growth of brands; digital shopping has moved from the peripheral to the epicenter of a brand’s distribution strategy.
The Estée Lauder Companies acquiring prestige fragrance and sensory lifestyle brand; addition will complement and strengthen the company’s portfolio of brands.