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New CEO for Coty
Michele Scannavini, previously the president of Coty Prestige, is taking over the office of CEO for Bernd Beetz as of August 1.
L’Occitane to Acquire Majority Stake in Erborian
The acquisition of the Korean skin care brand is a first step into developing a larger presence in the Asian market for L’Occitane.
Sponsored Message
Elements Showcase Features Innovative Brands; Retail Opportunities
	Elements Showcase, Aug. 20–21, 2012, New York, is a trade show with the ambiance of an art fair focused on bringing innovative new brands from across the globe to the attention of retail buyers.
Coty Partners With Korean Cosmetic Company for Coty Korea
Aimed at expanding its presence in Korea and Asia overall, the new company will be lead by a Coty exec, and its initial move will be launching the Philosophy beauty brand in the region.
New Report Promotes the Need for Mid-tier Beauty Products
Taking an up-close look at beauty pricing dynamics, the SymphonyIRI report details how savvy marketers can take advantage of an opportunity to provide consumers with meaningful mid-tier product beauty options.
Professional Skin Care Market Up
Continued weak consumer spending confidence and the increased use of at-home beauty devices and treatments paint a murkier picture of the category's future, however.
Financial News
Strong Growth for L'Oréal in First Half of 2012
The company saw sales of €11.2 billion for the period, a like-for-like of 6.% over 2011.
LVMH Strong in First-Half 2012 Financials, Revenue Up 26%
The luxury-focused company recorded record revenue of €13 billion for the period, and all its brands were able to gain market share.
Revlon's Net Sales Rise for Q2 2012
The company saw a slight rise of 1.7% over Q2 2011, up to $357 million in sales.
Kao Net Income Up 3.2% for Q1 2012
Growth in Japan and Asia helps counter lower sales in North America and Europe.
Shiseido Sales Drop for the Quarter
The company's domestic business sales came in 9.6% below the same period last year, but global business increased a more healthy 4.1% in local currency. The results are causing Shiseido to reforecast for the remaining financial year, however.
Emerging Markets Help Reckitt Benckiser Make Gains
Half year revenue was up 4%, reaching £4,669 million for the company.
Unilever Reports Higher Numbers for First Half Year, Q2 2012
The company's beauty brands performed well overall, with new launches and increased global availability helping improve sales.
PZ Cussons Revenue Up for 2012
The company increased its revenue 4.7% over its last year's results on the strength of strong U.K. and beauty sales.
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Getting Global With Social Media
By: Colette Mason and Ian Gibbins In a competitive industry, trying to stand out through social media can seem a daunting task. Here’s some advice to get you on the right track for a larger global presence for your brand.
Design Trust
	By: Joe Duffy When rebranding a beauty line, it’s time to put a good design differentiator to work.