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L'Oréal to Launch Subsidiary in Saudi Arabia
The beauty company with partner with the Al Naghi Group to help offer greater reach for the group's products to more Saudi beauty consumers, making a targeted effort to increase its market share in the Middle East.
Allergan to Acquire Part of SkinMedica
The pharmaceutical giant is acquiring the skin care portion of SkinMedica's business for $350 million, leaving SkinMedica to spin off its recently purchased Colorescience makeup division.
Breen, Greene Promoted to Group Presidents for Estée Lauder
As a reflection of the company’s recent success and their work in achieving it, Thia Breen and Lynne Greene have been named global presidents with Estée Lauder, doubling the company’s number of global presidents from two to four.
L'Oréal USA Expanding Kentucky Production Facility
The plant, which produces Garnier Fructis, L'Oréal Paris ans Soft Sheen-Carson products, will add space, equipment and employees to help meet increased consumer demand for hair care products.
Nu Skin Acquires Biotech Company Nox Technologies for $12.5 Million
Nox Technologies, which focuses on the study of cell surface proteins relating to aging, will help Nu Skin develop new, innovative anti-aging beauty products.
New Chief Marketing Officer Joins Avon from P&G
Patricia Perez-Ayala has joined Avon as a senior vice president, chief marketing officer and global brand and category president.
SymphonyIRI Reveals National Brands Gaining on Private Label
Private label is still seeing pockets of growth in specific categories and with specific retailers, according to SymphonyIRI, but the overall expansion seems slowed.

Financial News

Henkel Records 6.6% Sales Increase for Q3 2012
Henkel’s beauty care business continued its uptrend in profitable growth during the quarter as nominal sales totaled €908 million, 5.6% above the €860 million generated in the prior-year quarter, and organic sales rose by 3.3%.
Sally Beauty Sales Climb Over $3.5 Billion for Fiscal Year
For the fiscal 2012 fourth quarter, Sally Beauty recorded consolidated net sales of $882.6 million, an increase of 5.4% from fiscal 2011 fourth quarter attributed to same stores sales growth, the addition of new stores and acquisitions.

Featured Articles

CEW Recognizes Beauty Industry Achievers
By: Nancy Jeffries
Jill Belasco, Laurie Black and Alina Roytberg honored as 2012 CEW Achievers; Laurice Rahmé, president and founder, Bond No. 9 New York, received CEW’s Great Idea Award for Fragrance Innovation.
Halal Beauty Products on the Rise
By: Organic Monitor
Organic Monitor investigates how halal-certified beauty products are becoming a new global trend, and what this may mean for organic and natural beauty products.
The Lure of Organic Ingredients
By: Abby Penning
Despite some growing pains, organic ingredients in beauty products are on the rise, and brand owners need to know the parameters before they dive into this market arena.
Organic Beauty: Hip ... or Just for Hippies?
By: Rick Ruffolo
The full-scale emergence of organic beauty is just beginning to hit its stride, becoming a key growth engine in the beauty marketplace.