| Prestige Makeup Up 8% for First Half of 2012 |
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A report from The NPD Group tracks the increase in sales for prestige products in categories of nails, lips, eyes and face.
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| Men's Grooming Tools, Products Helping Push Dollar Growth in Personal Care |
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According to The NPD Group’s consumer tracking service for the 12 months ending June 2012, sales of men’s electric shavers and men’s trimmers gained 9% and 12%, respectively, in dollar sales.
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| Big Bang Actress Becomes Latest Proactiv Spokesperson |
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An ad campaign for the Guthy-Renker skin care brand featuring Kaley Cuoco will begin in the fall.
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| Croda Acquires IRB and Gains Plant Stem Cell Extraction Technology |
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Croda International has entered into an agreement to acquire Istituto di Ricerche Biotecnologiche SpA. (IRB), a company that specializes in plant cell culture active for personal care and health care.
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Financial News
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| Lauder's Fiscal Year Sales Results Increase by Double Digits |
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Helped by the trend of increased prestige beauty purchasing, for the year, the company had net sales of $9.71 billion, a 10% increase compared with $8.81 billion reported in the prior year.
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| International and Domestic Sales Both Increase for Elizabeth Arden |
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For the quarter, the company reported net sales of $265.5 million, an increase of 4.6%, as compared to the fourth quarter of the prior fiscal year.
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| Sales Slightly Up for Oriflame in the Quarter Ending June 30 |
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The number of the Oriflame consultants dropped, but local currency sales increased by 1% and euro sales were up by 2% to €373.6 million.
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| Inter Parfums Reports $145 Million in Sales for Q2 2012 |
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The company's sales were up 20% from Q2 2011.
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| Church & Dwight Net Income at $79 Million for Q2 2012 |
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Reported net sales for the second quarter increased 3.2% to $696.4 million, and organic sales increased 3.7% driven by 6.3% volume growth.
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Featured Article
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| Innovation Through Diversity: Global Marketing |
By: Alexandra Fritsch-Gil, Jason Boland, Maria Bowman, Lauren Hoffman and Breanna Martin
This white paper from 2012 FIT cosmetics and fragrance marketing and management masters program graduates explores how the principles of diversity and inclusion can be applied to create more innovative and successful global brands and global messaging to consumers, and how a more diverse corporate culture can contribute to more meaningful communication and consumer engagement.
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| Touch Me, Tell Me, Sell Me: The Business of International Beauty |
By: Daniela Ciocan
A view of the global beauty retail scene.
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| The Parallel Worlds of Hair Care |
By: Rob Walker, Euromonitor International
Developed and emerging markets are currently consuming hair care products in two very diverse, distinct ways—one trading down and the other trading up.
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