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L'Oreal Paris Launches New Skincare Product Lines Under Skin Expert Banner

L’Oreal Paris is expanding its Skin Expert platform of skincare products by launching the Revitalift Bright Reveal and Pure Clay product ranges. According to the company, L’Oreal Paris Revitalift Bright Reveal includes four dermatology-inspired SKUs containing glycolic acid, retinol, and vitamic C. It features a day and night moisturizer, an exfoliating cleanser, and a package of 30 glycolic peel pads. Pure Play includes three clay-based masks the company claims can detoxify and remove skin impurities.

"L’Oréal Paris Introduces New Skin Expert Platform", Women’s Wear Daily, June 29, 2016

Popularity Of Mobile Devices Expected To Drive Demand For Connected Electric Toothbrushes, Euromonitor International Says

Two important factors, the growing use of smartphones and tablets and consumer demand for high-quality products, are expected to drive growth in the market for connected electric toothbrushes, according to Euromonitor International. Data from the market research firm revealed the market for electric toothbrushes is forecast to expand with a CAGR of 4 percent in 2015–2020. Also, data revealed developed markets, namely Germany, France, UK, and the US, are expected to drive growth in demand for connected toothbrushes. These markets saw gains of more than 100 percent in penetration rate of smartphones per household, with almost every adult family member owning a smartphone.

"Connected Electric Toothbrushes Become Hot Innovative Category in Oral Care Appliances", Euromonitor International, June 28, 2016

Procter & Gamble Says It Will Fight Pampers Natural Clean Wipes Lawsuit

Procter & Gamble Co. said it will definitely fight a federal lawsuit that alleges Pampers Natural Clean Wipes are a health risk to babies. Filed in California, the lawsuit is asking the federal court to grant it class-action status to represent any consumers in the country who bought such wipes made and sold by the company. Also, the lawsuit claims at least 100 consumers may have been deceived by the company’s alleged false advertising for the wipes, with the total amount of potential damages exceeding $5 million. P&G said the lawsuit, which is mainly based on the claim that the wipes contain phenoxyethanol, a potentially harmful chemical, is without merit.

"P&G vows to fight lawsuit that claims ‘natural’ baby wipes pose health risk", bizjournals.com, June 28, 2016

Lidl Launches Cien Line Of Cosmetics And Haircare Products In Ireland

Discount retailer Lidl launched its Cien line of skincare and haircare products. With products priced between €1.99 and €3.99 each, the skincare line includes a BB cream available in two shades, Cien Eyeshadow, and Volume Mascara. Featuring keratin, the haircare products are designed to relieve dry and damaged hair for as little as €1.69 per product. Starting on June 30, 2016, the Cien products will be permanently available in all Lidl stores.

"Lidl's new makeup and haircare range is INCREDIBLY cheap - and there's more good news", Dublin Live, June 27, 2016

Beiersdorf France Names New Supply Chain Manager

Beiersdorf France appointed Flore Maynard as the company’s new supply chain manager. Maynard comes to the cosmetics company with lots of significant achievements in the supply chain field. He has been a supply chain analyst at Lancome, managed Kiehl’s supply chain division in the US, and was a supply chain director for Biotherm and Helena Rubinstein in France.

"Beiersdorf France Appoints New Head Of Logistics In Management Shake-Up", European Supermarket Magazine, June 23, 2016

ModiFace Launches Beauty Advisor Bot For Facebook Messenger

Technology firm ModiFace launched a beauty advisor bot for Facebook Messenger. Offering a hint of what the future of beauty shopping looks like, the bot is programmed to help shoppers choose lipsticks by brand, color, or shade name from a lineup of 20,000 products. Designed to direct customers to where they can buy their favorite lipstick, the beauty advisor bot answers most questions related to lipstick options. ModiFace sees lipsticks as a test platform for the bot technology and sees more complex applications for the technology in the future.

"ModiFace Launches Facebook Bot for Beauty Customer Service", Women's Wear Daily, June 22, 2016

Bobbi Brown Opens First West Coast Store In Beverly Hills

Estee Lauder Cos. Inc.'s Bobbi Brown brand is opening its first West Coast retail store and second US store in Beverly Hills. Featuring almost 700 square feet of retail space, the store gives the brand exposure on a major route in Los Angeles. Selling all of Bobbi Brown's product lines, as well as its signature line of sunglasses, the store lets customers view new products and features a section, which allows shoppers to try products. Also, the store offers 18 how-to tutorials designed to help customers pick products and services.

"Bobbi Brown Opens Beverly Hills Flagship", Women’s Wear Daily, June 21, 2016

Fashion For Beard Hampers Sales Of Men's Facial Skincare Products In UK

In 2015, the UK’s market for men’s facial skincare products grew 1.3 percent to £104 million, compared with the 13 percent and 8 percent growth rates in 2013 and 2014, respectively. Data from Mintel showed men’s fashion for facial hair is adversely affecting sales, while a savvy shopping mentality also impacted sales of mass-market beauty and personal care products. As many as 42 percent of men admit they take advantage of discount offers when buying beauty and personal care products, the company said. Data also revealed older male consumers are reluctance to buy and use skincare products have hampered sales. Overall, 35 percent of UK men use lip balm, 33 percent use a facial cleanser, 29 percent use a facial exfoliator, and 26... More

"Hairy times for men’s facial skincare: sales of UK men’s facial skincare grow just 1% in 2015", Mintel, June 17, 2016

 
Comment & Opinion  

Revlon Agrees To Buy Elizabeth Arden

Revlon Inc. agreed to acquire beauty brand Elizabeth Arden for $870 million. Expected to provide $140 million in cost synergies, the merger deal comes with $2.6 billion in financing. Also, the deal has prompted Moody's Investors Service to review Elizabeth Arden's credit rating for a possible upgrade and Revlon's for a likely downgrade. Revlon, which has about $1.83 billion in debt, will use the financing to pay for the purchase deal, as well as renegotiate its bank term loan and revolving credit facility.

"The Revlon-Arden Marriage: A Problem Solver for Both?", Women’s Wear Daily, June 17, 2016

Why Sustainable Development Makes Good Business Sense

Business and Sustainable Development Commission, June 29, 2016

Companies, Organizations  

Procter & Gamble Receives Tax Credit For Plans To Expand Ohio Facility

Procter & Gamble Manufacturing Co. plans to expand its operations in Ohio’s Allen County. Expected to create 51 new jobs, the planned expansion has been approved by the Ohio Tax Credit Authority, with a six-year, 0.87-percent job creation tax credit. According to Procter & Gamble, it plans to add 18,000 square feet to its manufacturing facility in the area.

"Procter & Gamble to expand in Allen County, create 51 new jobs", Limaohio.com, June 27, 2016

Moody's Investors Service Downgrades Avon's Credit Rating

Moody’s Investors Service downgraded its credit rating for Avon Products Inc. According to the bond credit rating company, the downgrade is due in part to Avon Products’ spinoff of its North America unit. Avon’s corporate family rating was downgraded from Ba2 to Ba3, its probability-of-default rating from Pa2-PD to Ba3-PD, and its senior unsecured instrument rating from Ba3 to B1. Avon Products sold its North America business, renamed New Avon, to private equity firm Cerberus Capital Management LP in March 2016.

"Moody’s Downgrades Avon Following North America Spin-Off", Women's Wear Daily, June 23, 2016

Schwarzkopf Professional Names New GM For Australia And New Zealand

Schwarzkopf Professional appointed David Hahn as general manager for Australia and New Zealand. Hahn, who has had a detailed and varied experience with Schwarzkopf and Henkel, succeeds Edward Grimson, who is moving to Croatia. Hahn was general manager for the company’s US mass consumer business and managed the integration of acquired brands SexyHair, Alterna, and Kenra Professional.

"Schwarzkopf Professional Announces New GM", Styleicons.com.au, June 22, 2016

Brand Culture: P&G’s new mom

MarkLives.com, June 29, 2016

TRG Duty Free and Estee Lauder open DFW boutiques

Duty Free News International, June 27, 2016

Innovation & New Ideas  

Ohio State University Researchers Develop Bottle That Empties To The Last Drop

Ohio State University researchers have developed a bottle that lets soap products, including shampoo, hand soap, and laundry detergent, pour out completely to the last drop. Described in a paper to be published in the journal Philosophical Transactions of the Royal Society on June 27, 2016, the patent-pending technology involves lining a plastic bottle with microscopic y-shaped structures that hold the soap droplets above tiny air pockets. Research leaders and engineers Bharat Bhushan and Philip Brown found a solution that works on polypropylene, the most commonly used plastic in packaging of food and household products.

"A shampoo bottle that empties completely -- every last drop", EurekAlert!, June 26, 2016

Market News  

Unilever Looks At Feasibility Of Building New Factory In Colombia

Unilever is considering building a new factory in Colombia. During an interview with local newspaper La Republica, Unilever Andean region chief Ignacio Hojas said a new manufacturing facility could help drive economic growth in the country. According to the executive, the site selection process is still ongoing, with Mexico being eyed as another option for the company. Unilever, which reported business growth of 4.5 percent in 2015, said it was encouraged by its double-digit growth in Colombia during the year, as well as by the prospect of lasting peace in the country.

"Unilever Considering a New Factory in Colombia, a Market It Calls One of the Best Opportunities in Latin America", Finance Colombia, June 27, 2016

Private Label's Share Of FMCG Market In Western Economies Falls

In 2015, private-label products’ share of the FMCG market in Europe in terms of value dropped by 0.6 points to 38.3 percent, compared with the previous year, according to IRI Worldwide. Data from the report “Private Label in Western Economies” revealed private-label unit market share also dropped by 0.5 points to 47.4 percent during the period. These numbers prove that the segment’s downward trend, which started in 2014, has continued, as well as focus on the challenges faced by private-label retailers and manufacturers across Europe. Among the eight countries covered by the study, France showed the highest decrease in private label’s market share, although it has a high share at 34.1 percent compared with Italy’s 17.2 percent... More

"Private Label in Western Economies", IRI, June 22, 2016

An Intrepid Explorer: Walgreens’ Lauren Brindley

Women’s Wear Daily, June 24, 2016

50 Beauty Execs Under 40 Driving Innovation

Women’s Wear Daily, June 24, 2016

Marketing & Advertising  

L'Oreal Paris Enlists 15 Bloggers For Social Media Campaign

L’Oreal Paris recruited 15 bloggers and social media influencers to join its yearlong program L’Oreal League. Developed as a concept combining fashion and art blogging, the program will see bloggers creating content and promoting the brand across their social media channels. During their participation in the program, the bloggers will attend awards shows, global red-carpet events, and master classes. They will also get to preview products before their market launches.

"L’Oréal Inks 15 Bloggers, Forms L’Oréal League", Women’s Wear Daily, June 27, 2016

Unilever Pledges Gender-Stereotype-Free Advertising

Unilever said it plans to stop using advertising that includes sexist stereotypes, after research by the company revealed only 2 percent of its advertisements depict intelligent women. With a yearly ad spend of €8 billion, the world’s second-largest advertiser will launch a global strategy designed to free its advertising from such stereotypes and remove obsolete gender portrayals. Results of the company’s research showed 40 percent of women respondents said they do not identify at all with the women featured in advertising.

"Unilever vows to drop sexist stereotypes from its ads", Guardian , June 22, 2016

Press Release  

L'Oreal USA Relocates NYC Headquarters

L’Oreal USA is relocating its corporate headquarters from Midtown Manhattan to 10 Hudson Yards building. According to the company, its 1,300 employees will occupy 10 floors of the building, a total of more than 400,000 square feet of the 1.8 million-square-foot Tower on Manhattan’s West Side. Also, the majority of the company’s corporate functions and brand teams will be housed in the building.

"L'Oréal USA Moves Corporate Headquarters to Hudson Yards and Terminal Stores", L’Oréal USA, June 23, 2016

Johnson & Johnson Announces Retirement Of VP Of Investor Relations

Johnson & Johnson announced Vice President of Investor Relations Louise Mehrotra will retire in January 2017. Mehrotra, who joined the company in 1980, has managed Johnson & Johnson’s Investor Relations for more than 10 years. Joseph Wolk, former VP, Group Finance for Johnson & Johnson’s Pharmaceuticals Group, will succeed Mehrotra effective August 1, 2016.

"Johnson & Johnson Announces Retirement of Louise Mehrotra and Appointment of Joseph Wolk as Vice President of Investor Relations", Johnson & Johnson, June 22, 2016

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