Monday, 9 Dec 2019

Beauty & Balance

Hair Wellness Brand Act + Acre Opens a Concept Shop on the Lower East Side

Act + Acre, a wellness-infused hair-care brand, has opened a concept shop on the Lower East Side. Located at 54 Eldridge, Act + Acre carries the brand's cold-pressed hair-care products, refill stations for the brand's hair cleanse and conditioner products, and has a consultation chair where customers can get free scalp analyses with a proprietary […]

L’Oréal Stock Rises 6.7% on Strong Results

PARIS — L’Oréal stock jumped on Wednesday morning, following the publication of strong third-quarter sales after the market close on Tuesday. The world’s largest beauty maker saw its share price climb 6.7 percent to 261.00 euros by 11:25 a.m. CET. As reported, the maker of Lancôme, Garnier and Maybelline products said its sales in the three […]

Credo Cracks Down on Fragrance in Beauty Products

Credo Beauty is reasserting its role as clean beauty retailer-turned-activist with a new fragrance disclosure policy revealed today. The San Francisco-based clean beauty chain is introducing its Fragrance Transparency Policy, a two-part mandate that strongly encourages the brands it sells to reveal more information about the ingredients in the fragrances used in their products. The […]

What to Watch: The Beauty M&A Slowdown

Beauty M&A is no longer booming. Beauty companies, private equity firms and venture capitalists have spent billions in the past few years buying up beauty brands, but now experts say a beauty M&A slowdown is upon us. It's not a full stop. Several deals — including the sale of Drunk Elephant — are likely to […]

IFF Investigating Payments Made by Frutarom Subsidiaries

International Flavors & Fragrances Inc. posted sales gains in the second quarter, largely due to the company’s acquisition of natural ingredients business Frutarom — but now, the business is also in the middle of investigating payments Frutarom businesses in Russia and Ukraine made that may have been “improper.” In a compliance note in the company’s […]

Avon Sales Dip Across Geographies

Avon is still struggling to regain sales momentum, but in the midst of the company's sale to Natura, chief executive officer Jan Zijderveld is focusing on the positive. "Our focus on productivity in the second quarter, including less discounting, more effective incentives, optimizing promotions and more favorable mix, led to a 5 percent improvement in […]

For Beauty Brands, Recognizing One’s Owned Media Value Is Power

Influencers continue to be one of the leading voices in the beauty industry, according to new data from Launchmetrics. In a webinar hosted Wednesday, the data and research company outlined the leading voices impacting what beauty consumers are buying. Among those voices are traditional media, celebrities, influencers, brand partners and owned media. Across beauty’s mass, […]

Spruce & Bond to Close 3 NYC Locations

Spruce & Bond, a chain studio that offers laser hair removal and waxing services, announced today that it is closing three of its Manhattan locations. Studios located in NoHo and the Upper West Side are to close at the end of the day on Saturday and the Flatiron location is to close Sunday. Locations on […]

Kate Walsh’s Boyfriend Perfume Tests Pop-up Ahead of Retail Relaunch

LOS ANGELES — Actress Kate Walsh is dipping a toe back into retail with her brand Boyfriend Perfume as the beauty company readies for a fall launch in stores. Walsh started the business on her own in 2009, bringing her product to the market the following year and then selling out in 20 minutes on […]

L’Oréal Appoints Three Executive Committee Members

PARIS — L’Oréal has appointed three new members of its executive committee. The world’s largest beauty company said Friday that Alexandra Palt, chief corporate responsibility officer and executive vice president of the Fondation L’Oréal, and Vincent Boinay, general manager for travel retail worldwide, will join the committee on Sept. 1. Fabrice Megarbane, president of L’Oréal […]

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