Sunday, 5 Apr 2020

Beauty & Balance

Leslie Blodgett’s Life Lessons

Leslie Blodgett built BareMinerals into a billion-dollar beauty brand by tapping into the power of community — long before social media was even a thing. Her story is the stuff of lore: Inspiration struck in the middle of the night, when, sleepless, she tuned into QVC, bought a set of three stacking rings, and decided […]

Travel Retail Navigates Uncharted Territory

PARIS — Travel retail has lost altitude since the coronavirus hit, but the once high-flying channel that’s heavily reliant on Chinese travelers is eyeing new horizons to mitigate the fallout. The losses so far are difficult to quantify sales-wise, say experts, who are vigilantly watching changes in travel patterns and agree this crisis differs from […]

Beiersdorf Snaps Up Stop The Water While Using Me! Brand

PARIS – Beiersdorf AG is stepping up its sustainable actions with the acquisition of the Stop The Water While Using Me! natural cosmetics brand. Financial terms of the deal were not disclosed. Stop The Water While Using Me!, launched in 2011, has been on a drive to “protect, save and donate water.” It boasts refillable […]

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, […]