| Internet Beauty Sales Skyrocket in China |
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The growing reach of the Internet, coupled with an increasing interest in beauty products and more discretionary dollars, has led online beauty sales in China to grow nearly 200% since 2006.
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| Hispanic Purchasing Power Maintains Despite Rocky Economy |
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In a post from Kline Blogs, the market research company discusses the strength of Hispanic purchasing power, as well as their tendency to continue buying and being loyal to the same beauty brands despite economic shifts, and the increase in attention from brands and retailers.
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| Winners Announced for Cosmetics & Toiletries R&D Awards and Innovation Zone Awards |
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At the In-cosmetics Awards Ceremony on April 17, 2012, Cosmetics & Toiletries announced the winners for the 2012 Cosmetics & Toiletries R&D Awards. In addition, In-cosmetics named the winners for its Innovation Zone Awards.
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| Elizabeth Arden Names First-ever Global Makeup Artist |
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Rebecca Restrepo also will serve as a brand ambassador for Elizabeth Arden, in addition to helping direct photo shoots, makeup tutorials, social media interaction and more.
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Financial News
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| LVMH Sales Up 25% in Q1 2012 |
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Fast growth in the U.S. and Asia helped bolster company sales to €6.6 billion for the quarter, and LVMH-owned Sephora is making plans for stores in Brazil and Scandinavia.
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| J&J Sees Sales Numbers Dip in Q1 2012 |
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International sales and the Neutrogena brand were bright spots for the company; however, overall company sales fell 0.2% from Q1 2011.
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| Kao Reports 2011 Fiscal Results With 2.5% Uptick in Sales |
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Despite a contracting Japanese market and continuing impacts of the earthquake and a recovering economy, the company's beauty care division was able to increase market share in Japan, as well as grow in other world markets.
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Event Recaps
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| Leonard Lauder Honored by LISCC |
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Lauder received the Lifetime Achievement Award for the Advancement of Cosmetic Sciences at a recent event hosted to recognize his contributions to the industry.
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| CEW's Social Beauty Strategies |
By: Nancy Jeffries
Rachael Ostrom, executive director, consumer engagement, Aveda; Alexis Rodriguez, executive director, public relations, Bobbi Brown Cosmetics; Marisa F. Thalberg, vice president, global digital marketing, The Estée Lauder Companies, Inc; discuss initiatives and strategies to win shares of the $77 billion in sales expected to be generated by social media by 2016.
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| 7th Beauty Biz Roundtable |
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Mazur Group continued its successful Beauty Biz Roundtable (BBR) series with its seventh event, co-hosted by Beauty Industry West (BIW), March 13 in Santa Monica, California. The sold-out event featured Suzi Weiss-Fischmann, executive vice president and artistic director, OPI Products, Inc., who delivered her keynote address on “What Inspires You.”
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| The Art of Packaging Gala Honors Shiseido |
By: Abby Penning
See photos from the gala event honoring Shiseido's contribution to beauty packaging.
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Featured Articles
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| The Process of Product Development |
By: Darrin C. Duber-Smith and Gregory Black
The beauty industry is hypercompetitive, and on-shelf success requires that new product development is conducted as scientifically as possible, utilizing proven models and due diligence.
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| Retail Corner: The Rules of Engagement |
By: Daniela Ciocan
Retail is the final touch point for beauty brands and consumers, and it can make or a break a sale. But with e-commerce and continually progressing technology, the retail environment's evolution is fast—and requires smart strategies from the brands on the shelves.
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