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Henkel Expands Its R&D Capabilities In Connecticut

Home care and beauty products giant Henkel has opened two R&D facilities in Connecticut. The new 24,000-square-foot Stamford plant employs 40 people who will focus on formulation research in beauty care products, including Dial, Right Guard, Tone, Schwarzkopf and got2b. The facility also houses Research@Elm, a clinical testing lab. The expanded 27,000-square-foot Trumbull center houses formulation laboratories, a consumer product and fragrance evaluation center, packaging design, and two pilot plants supporting the beauty care and laundry & home care divisions. [  Image credit:  ©  Henkel   ]

"Henkel Opens State-of-the-Art Research and Development Facilities in Stamford and Trumbull, Conn.", News release, Henkel, January 30, 2018

India's Male Grooming Market Posts Strong Growth, Nielsen Says

India's men's grooming market has grown to more than Rs5,000 crore, driven by men who want to look better at work, according to a December 2017 report from Nielsen. Data from the market research firm revealed India's urban men are spending more on beauty products, due to their growing disposable income, being up-to-date with grooming trends, and concerns about their physical appearances. Also, sales of face-cleansing products for men grew 60 times from 2009 to 2016, Nielsen said.

"Indian Men are Splurging on their Looks—But Not to Impress Women", Quartz, January 19, 2018

Target Launches Good Chemistry Brand Of Fragrances

Target said it plans to launch Good Chemistry, the retailer's first exclusive fragrance brand. According to the company, the brand includes four collections it says are inspired by different personalities: Confident and Charming, Good and Grounded, Vibrant and Playful, and Cool and Collected. Featuring paraben-free scents, the vegan fragrances are made with essential oils and will be available at all Target branches from January 21, 2018.

"Say Hello to Good Chemistry, Target’s First Exclusive Fragrance Brand", Target, January 18, 2018

Kimberly-Clark De Mexico Reports Strong Revenue Growth In 2017

Kimberly-Clark de Mexico, S.A.B. De C.V. reported sales grew to Ps. $9.4 billion, with EBITDA of Ps. $2.2 billion, in the fourth quarter of 2017. Sales grew 5.9 percent to Ps. $37.8 billion for the full year, compared with the previous year. According to the company, EBITDA for the year reached Ps. $8.6 billion with a 22.7 percent margin.

"Kimberly-Clark de Mexico, S.A.B. de C.V. Fourth Quarter and Full Year 2017 Results ", Kimberly-Clark de México, January 18, 2018

Products & Brands  

Lidl Launches Line Of Skincare Products In UK

Discount retailer Lidl has launched the Cien Cellular Beauty line of skincare products in the UK. With an affordable price of ₤15, the products contain ingredients similar to those used in the La Prairie Cellular Radiance Cream, which cost almost ₤500. With every product costing ₤3.49, the range includes a day cream, night cream, and serum.

"Lidl are launching a £3.49 cellular beauty cream – and it costs £490 less than La Prairie’s version", The Sun, January 18, 2018

Big brands lose pricing power in battle for consumers

The Financial Times, February 02, 2018

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