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Feb 04, 2013 | 11:33 AM CST
By: Imogen Matthews
Much is made of the importance of social media and Internet retailing, as well as of having an online media strategy, and yet many beauty brands have yet to embrace one. Imogen Matthews, consultant to in-cosmetics, researches the latest social media and e-retail trends and implications for the beauty industry.
Jan 31, 2013 | 01:59 PM CST
The prestige-oriented company recorded revenue of €28.1 billion in 2012, an increase of 19% compared to 2011, and organic revenue growth was 9%.
Jan 31, 2013 | 01:41 PM CST
The company reported net sales of $467.9 million, an increase of 8.8% as compared to the second quarter of the prior fiscal year. Excluding the unfavorable impact of foreign currency translation, net sales increased by 9.1%.
Jan 31, 2013 | 01:34 PM CST
In honor of its 50th anniversary, Mary Kay is revamping its website.
Jan 30, 2013 | 10:13 AM CST
A new report from Mintel finds women in households with children are more likely to use most nail care products than those without children in their homes, and use of colored nail polish is highest among women aged 18–24 with 85% reporting usage.
Jan 29, 2013 | 10:37 AM CST
Think tank L2 says beauty brands aren't only trying to get their products into the hands of "vloggers," or video bloggers, they are also peppering vlogger videos with InVideo ads.
Jan 29, 2013 | 10:17 AM CST
For the nine months ended December 31, 2012, L’Occitane recorded net sales of €801.3 million, pushed by growth in emerging markets Russia and China as well as the U.S.
Jan 25, 2013 | 10:52 AM CST
The NPD Group's Karen Grant noted, "growth remains positive for both the prestige and mass channels." However, "The trend of prestige beauty outpacing mass beauty continues to be evident since the recessionary period of 2009 and will likely continue into 2013."
Jan 25, 2013 | 10:47 AM CST
Consequently, the company is raising its guidance for 2013.
Jan 25, 2013 | 10:42 AM CST
According to an analyst insight article focused on the U.K., cautious consumer spending has created a challenge for prestige beauty that offers two choices: either create offerings at lower prices or increase perceived value for money and therefore prices. In skin care, the latter option appears to be working.