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Despite sluggish growth rates for color cosmetics, consumers, globally, are spending over $1 billion a week on the category—with functionality and fashion as the key drivers.
Wellness as beauty is a bottom up development that is, and has been, 100% driven by changes in consumer behavior and regimes. Words such as 'energy' and 'de-stressing' resonate with consumers, and it is up to brand owners to adapt their products to meet the demands of beauty as wellness.
Despite conditions that one would expect to have a negative impact on bath and body, the category posted its best results in a decade. What makes bath and body so resilient?
The industry is in the midst of sweeping strategic change, with the consumer—more than ever—dictating the terms. The key implication for the beauty industry is brand strategies need to be fine-tuned and almost bespoke in their execution.
Entries are now open to this awards event, which is dedicated to sustainability in the beauty industry. The deadline for award entries is October 15, 2014; finalists will be notified by October 31, 2014; and the winners will be announced at a dedicated awards reception in Paris on November 24, 2014.
According to market researcher Diagonal Reports, strong consumer demand for hair management and control is transforming the global hair straightening market beyond recognition. It is no longer about just straightening, but a world of new terms and new outcomes.
Rhône Capital also has advised Elizabeth Arden that, subject to market conditions and applicable legal or regulatory approvals, it intends to increase its ownership of the company’s common stock over time.
Packaging suppliers TricorBraun and Vitro have expanded into India and Brazil, respectively, and Fusion Packaging, Aptar and Albée have collaborated on innovative new beauty pack launches.
See the Q4 and fiscal year end results for both The Estée Lauder Companies and Elizabeth Arden Inc., as well as results for Oriflame.
Get Q2 2014 results from Nu Skin, Inter Parfums and Henkel, as well as half year 2014 results from Beiersdorf.