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Walgreens’ Joe Magnacca Departs for RadioShack

The drug store exec, who was instrument in the Duane Reade integration into Walgreens and its innovative Look Boutique concept, is leaving for a CEO position.

Engaged, Informed Consumers to Be a Major 2013 Shopping Trend

“The results of the study support the conclusion that despite the pervading belief of marketers that consumers and shoppers want to simplify as much as possible, 58% of total respondents believe “Getting into the details” will be a more prominent trend in 2013,” according to Anthem Worldwide.

Nails for Breakfast: Nicole by OPI Partners with Kellogg's Special K

As part of a promotional effort for Kellogg's Family Reward program, Nicole by OPI is debuting three exclusive nail shades for those who purchase specially marked boxes of Special K cereal.

Sally Beauty Grows in Q1 2013

The company's results for the first quarter of 2013 were solid, up 4.7% from 2012's first quarter.

Natura Acquires Majority Stake in Australian Skin Care Company

Brazilian beauty companies are reaching for a greater global grasp, as well as looking to identify the needs and opportunities at home to obtain a greater market share.

SymphonyIRI Examines Current and Emerging Merchandising Trends

According to its research, SymphonyIRI found there are opportunities for CPG marketers to think outside the box when establishing merchandising strategies

Estée Lauder Reports Sales of $2.93 Billion for Quarter

Estée Lauder's CEO Fabrizio Freda said of the results, “Our performance this quarter reflected the global appeal of our brands in all regions. These results demonstrate our ability to continue to grow, on top of the double-digit trends we generated in the prior year, even in the face of macroeconomic headwinds and challenges in certain international countries."

Revlon Sales Up 3.2% for 2012

For 2012, as compared to 2011, net sales came in at $1,426.1 million versus $1,381.4 million for Revlon, boosted by acquisitions and growth in the U.S. and Latin America/Canada.

Kao Reports Financial Results for 2012

Net sales increased 0.4% for Kao compared with restated fiscal year 2011 to ¥1,012.6 billion. Excluding the effect of currency translation, net sales would have increased 1.1%.

LVMH Displays Strength with 2012 Financial Results

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%.

Fragrance, North America Sales Help Buoy Elizabeth Arden Financial Results

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%.

Young Women, Moms Behind Nail Care Rise

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.

L’Occitane Net Sales Increase 17.6%

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.

Bespoke Skin Care Options Helping Prestige Market, Says Euromonitor

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.

CEW, NPD Trend Presentation Looks at Growth of Prestige Market in 2012

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."

P&G Financial Results for October–December 2012 at High End of Expectations

Consequently, the company is raising its guidance for 2013.

Boots UK Debuts Service to Color Match Foundation for Customers

In a collaboration with X-Rite, the pharmacy and beauty brand have debuted the No7 Foundation Match Made Service in 668 stores in the U.K.

Hong Kong Business Acquires Lornamead

Lornamead owns and manages a portfolio of traditional and heritage U.S., German and U.K. personal care and beauty brands, such as Finesse, CD, Aqua Net, Yardley and Lypsyl, across hair, body, skin and oral care product categories.