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| Subject: |
PERSONAL CARE BUSINESS
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| Period: |
January 23, 2016 to January 30, 2016
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Worldwide
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Comment & Opinion or Companies, Organizations or Consumers or Controversies & Disputes or Deals, M&A, JVs, Licensing or Earnings Release or Finance, Economics, Tax or Innovation & New Ideas or Legal, Legislation, Regulation, Policy or Market News or Marketing & Advertising or Other or People & Personalities or Press Release or Products & Brands or Research, Studies, Advice or Supply Chain or Trends
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Contents
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Beauty retailer Sephora announced the Sephora Accelerate program to help support beauty startups established by women entrepreneurs. Part of the company’s Sephora Stands social impact initiative, the program aims to inspire confidence and fearlessness among women. With data showing women entrepreneurs do not have the same access to funding, connections, or business instructions as their male counterparts, Sephora Accelerate was designed to build a community of female business founders in all areas of the beauty industry. Qualified candidates are encouraged to apply for one of up to 10 spots in the year-long program. Sephora Accelerate fellows will participate in a boot camp at the company’s San Francisco headquarters to learn the necessary skills to run and build their businesses.
"SEPHORA Champions Female Beauty Entrepreneurs with SEPHORA Accelerate, Part of its Comprehensive New SEPHORA STANDS Social Impact Initiative", PR Newswire, January 19, 2016
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Seven Scent secured halal certification for all of its lines of fragrances. To achieve this, the company had to go through an extensive audit of its manufacturing process by The Halal Trust. Based on principles of Islamic law emphasizing safety and wholesomeness, the certification audit covers cleaning and manufacturing systems. Also, the process included laboratory testing of fragrances randomly selected to establish qualitative and quantitative validation.
"Seven Scent’s UK-first complete halal certification opens up ‘important market’", CosmeticsDesign-Europe.com, January 22, 2016
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Procter & Gamble’s men’s grooming brand Old Spice launched a social media campaign on Twitter. Created by Wieden + Kennedy, the Twitter campaign began with a post asking consumers what they would like to ask their future self. Consumers who replied to the tweet received an answer from a Twitter account created by the brand for their “future selves.”
"Old Spice Is Opening Futuristic Twitter Accounts for Some of Its Fans' Future Selves ", Adweek, January 27, 2016
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South Korea exported more than $2.64 billion of cosmetics products in 2015, compared with $1 billion in 2012 and $1.91 billion in 2014, according to the Korea Customs Service. Small companies, established by young Americans of Korean ancestry, helped drive the growth in the market for Korean skincare products in the United States, one of the biggest export markets. Korean women’s and men’s obsession with skincare also has made the country one of the leaders in research into skincare and development of skincare products.
"The key ingredients of South Korea's skincare success", BBC, January 27, 2016
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L’Oreal signed Bollywood actress Katrina Kaif as brand ambassador in India. Kaif joins fellow celebrities Aishwarya Rai Bachchan, Sonam Kapoor, and Frieda Pinto as brand representatives in the country. L’Oreal’s recruitment of celebrities as brand representatives shows that celebrity endorsement remains an effective marketing technique in the country.
"L'Oréal cashing in on Bollywood brand reps", Cosmetics Design , January 28, 2016
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Unilever’s Axe brand of men’s fragrances said it plans to launch its “Find Your Magic” marketing campaign during the 2016 Super Bowl. As part of the campaign, the brand is calling on consumers to share their ideas about masculinity. Created by 72andSunny Amsterdam, the “Find Your Magic” TV commercial highlights some of the ways men express themselves.
"AXE® RETURNS TO THE SUPER BOWL AND ASKS: WHO NEEDS SOME OTHER THING, WHEN YOU’VE GOT _________?", MultiVu, January 28, 2016
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Procter & Gamble saw its business in India grew 2 percent in the quarter October-December 2015. P&G’s move to exit several low-margin market segments and focus on more profitable sectors has affected its revenue performance. Its three companies in India posted a combined revenue of Rs 10,347.7 crore for the year 2014-2015, a 12.7 percent growth compared with 15 percent posted in the previous year.
"Procter & Gamble grows by 2% in India in October-December quarter", The Economic Times, January 27, 2016
Unilever’s spending on digital media marketing grew to 24 percent of its global advertising budget in 2015, according to the company’s chief marketing and communications officer Keith Weed. In 2014, the company spent 20 percent of its total advertising budget on digital media. In digitally advanced markets, such as the United States and China, the company spends almost 50 percent of its advertising budget on digital platforms. Unilever, which recently announced its move to “zero-based budgeting” for its marketing, is the second-biggest spender on advertising worldwide, behind its rival Procter & Gamble, according to Adbrands.net.
"Almost a quarter of Unilever's $8 billion ad budget is now spent on digital", Business Insider, January 28, 2016
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Procter & Gamble, January 26, 2016
Mintel.com, January 26, 2016
Economic Times, January 27, 2016
Business Standard, January 28, 2016
Cosmetics Design , January 28, 2016
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Procter & Gamble was voted the best company to work for in Africa, according to a survey of employees in the continent conducted by recruitment specialist firm Global Career Company in cooperation with Towers Watson. Covering all of the region’s 54 markets, the survey, which was published in the January 2016 issue of the African Business magazine, included questions focused on 29 global, local, and pan-African factors used to “define a great employer.” Also, respondents were asked which companies they would be most interested in working for.
"Consumer Products Company Procter and Gamble Tops Careers in Africa Employer of Choice Ranking", African Media Agency, January 21, 2016
Unilever is partnering with Cuba’s state-owned company Intersuchel S.A. to build a personal care and homecare products factory in the Mariel Special Development Zone. The joint venture, Unilever-Suchel S.A., will manufacture shampoo, deodorant, detergent, soap and toothpaste. Unilever will take a 60 percent stake in the venture, and Intersuchel will hold 40 percent. The $35 million factory is expected to generate 300 direct jobs when it opens in 2017. Unilever left Cuba in 2012, but now feels the country’s 2014 foreign investment law makes it more attractive to expand there.
"Unilever and Intersuchel agree $35 million Cuban joint venture", News release, Unilever, January 22, 2016
Online sales in Brazil are forecast to rise from $17.8 billion in 2014 to $40.8 billion by 2019, according to data presented by Costs Advogados partner Marcio Cots at a panel presentation hosted by the Brazilian American Chamber of Commerce in New York City. According to AD. Dialeto founding partner Leonardo Cid Ferreira, Brazilian consumers use online resources and social media to gather information, buy, and keep up with fashion and beauty trends. Consumers use e-commerce for “easy replenishment,” lower prices, and convenience of delivery.
"Brazil’s recession is an e-commerce opportunity for personal care brands", CosmeticsDesign.com | USA, January 26, 2016
Women worldwide on average spend almost five hours each week on personal grooming, while men spend just over three hours, according to GfK. Data from the German market research firm revealed 60 percent of respondents said their main reason for trying to look their best is “to feel good about themselves,” with 44 percent saying “making a good impression on people they meet for the first time” as their main reason, and 40 percent citing “setting a good example for their children.” Italians spend more than five and a half hours per week on average, while Chinese spend less than three hours per week.
"People average 4 hours a week on personal grooming. What motivates them?", GfK, January 27, 2016
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TradingCharts.com, January 14, 2016
Nielsen, January 19, 2016
Indonesia-Investments , January 22, 2016
Cincinnati.com, January 25, 2016
Cincinnati.com, January 26, 2016
Business Wire, January 26, 2016
Khaleej Times, January 26, 2016
Estée Lauder, January 28, 2016
Saudi Gazette, January 28, 2016
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The head of Unilever has joined a former U.N. deputy secretary general to launch a commission whose goal is to inspire businesses to “take the lead in poverty reduction and sustainable development.” The Global Commission on Business and Sustainable Development will comprise business, labor and civil society leaders, according to co-founders Unilever CEO Paul Polman and Mark Malloch-Brown. The Commission will try to convince businesses of the economic value of achieving global sustainable development goals (SDGs). Benefits include new markets, investment opportunities and innovations; a reduced risk of instability, fragmentation and fragility; encouragement of a future where businesses can perform with inclusive, sustainable growth and widespread job creation.
"New global commission puts business at heart of sustainable development", News release, Unilever , January 21, 2016
Henkel said it has received recognition for its sustainability efforts from three organizations. According to the company, it is again included in the list of Global 100 Most Sustainable Corporations in the World Index. It also received a Gold rating from EcoVadis, while RobecoSAM gave the company its Silver Class award. International rating agency EcoVadis recognized Henkel’s push for a more sustainable supply chain as a member of the Together for Sustainability initiative.
"Henkel recognized by three sustainability ratings", Henkel, January 21, 2016
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Kimberly-Clark, January 25, 2016
L'Oreal, January 25, 2016
L’Oreal, January 26, 2016
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Unilever Philippines launched the Rexona MotionSense line of deodorants in the country. As part of the campaign promoting the launch, Rexona recognized 50 Filipinos who, the company said, highlight the Filipino’s “hardworking spirit and have made an impact in their respective industries.” Included in the list are television network TV5 host Lourd De Veyra, fashion designer Lesley Mobo, and car racing driver Gaby Dela Merced.
"Rexona celebrates breakthrough deodorant technology by recognizing 50 Pinoy Movers", InterAksyon.com , January 26, 2016
Tiffany & Co. and Coty Inc. said they have signed an agreement to collaborate in the development, production, and distribution of a new line of Tiffany fragrances. Aimed at women and men, the fragrances will be sold at Tiffany & Co. stores and other select high-end retailers.
"Tiffany & Co. And Coty Inc. Announce New Fragrance Agreement", Coty Inc , January 27, 2016
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Mobile Marketer, January 22, 2016
Business Insider, January 23, 2016
Cosmetics Design , January 26, 2016
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