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On a foreign currency exchange basis, total company net sales increased 9.6%, benefiting from the inclusion of net sales related to the professional segment beginning on the TCG acquisition date, as well as a full year of Pure Ice net sales.
For 2014, Beiersdorf expects to outperform the market, with growth of 4–6%.
Divisions such as professional products, active cosmetics and L'Oréal Luxe helped growth, as did growth in new markets.
Diagonal Reports released “Beauty Market and Consumer of 2020” to gain insight on how the beauty world’s changing landscape will affect beauty consumers in the years ahead.
Coty CEO says U.S. market softness, particularly in the mass fragrance and nail categories, impacted its performance.
Latin America proves popular for L'Oréal, as does the L'Oréal Luxe and active cosmetics divisions.
When developing beauty and personal care products for emerging global regions, several formulation considerations need to be part of the equation.
Net sales growth during the quarter was particularly strong in the company’s luxury and MAC brands, online and travel retail channels, and overall in emerging markets.
Avon's total revenue of $2.3 billion for the quarter decreased 7%, or 1% in constant dollars, compared to the same time period in 2012.
Increasing numbers of ethnic shoppers and travelers who shop in Western markets are further encouraging this growth area of the beauty industry.