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Period: June 4, 2016 to June 11, 2016
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

New “Gig Economy” Has Pluses And Minuses For Workers, Businesses

Euromonitor defines the “gig economy” – one of eight trends that together create the “New Consumerism” – as a work environment comprising short-term contracts, freelance and entrepreneurship. The gig economy is on the rise because it benefits employers and workers, delivering flexibility and efficiency. But the freedom it gives workers is offset by a lack of job and income security. In the emerging gig economy, businesses can save resources like office space and operation costs like benefits for permanent employees and training. They can also contract experts for specific projects rather than hire high-priced permanent staff. The downside is a less stable, less controllable workforce. Euromonitor says that could in turn undermine productivity and efficiency.

"The New Consumerism: The Rise of the Gig Economy", Blog, Euromonitor International, May 28, 2016

Estee Lauder Launches New Advanced Night Repair Skincare Products

Estee Lauder launched the Advanced Night Micro Cleansing Balm and Advanced Night Micro Cleansing Foam nighttime skincare products. Part of the Advanced Night Repair range, the products are available at Estee Lauder Travel Retail locations worldwide. Cleansing skin at night is important because makeup, impurities, and pollution that clings to the skin during the day need to be removed, according to Estee Lauder Companies VP for Skin Biology and BioActives Research & Development, Nadine Pernodet. According to Pernodet, the products work by ensuring the skin is thoroughly cleansed and that the skin can receive the most benefits of the skincare regimen that follows.

"Estée Lauder launches Advanced Night cleansing products", Duty Free News International, June 02, 2016

Birchbox Adds Retail Locations To Its Subscription-Box Business Model

Birchbox Inc. plans to expand its share of the $16-billion prestige beauty industry in the US by opening retail locations. According to Birchbox co-founder and CEO, Katia Beauchamp, the company will not abandon its subscription-box business model. Instead, by opening its retail operations, the company aims to become profitable. Since its launch in 2010, the company has seen plenty of rivals with copycat versions of its samples-in-a-box offering.

"Birchbox Finds Cute Boxes Filled With Makeup Aren't Enough", Bloomberg, June 03, 2016

Inventor Comes Up With Toothpaste Pod That Makes Tubes Thing Of Past

Irish-American inventor Wayne Solan has developed the Poppits, a soluble toothpaste pod. Designed to melt in the mouth in five seconds, Solan’s invention eliminates the need for toothpaste tubes. Each year, 1 billion toothpaste tubes end up in landfills. Currently on community-funding site Kickstarter, Poppits requires $50,000 to manufacture the first batch.

"Goodbye Toothpaste Tubes: This Edible Pod Melts In Your Mouth When You Brush", Fast Company , June 07, 2016

Sephora Adopts ShopStyle App To Let Consumers Buy Products They See On Snapchat

Beauty retailer Sephora has started allowing its Snapchat followers to buy products it features in live stories. By taking a screenshot and downloading the ShopStyle application, consumers can buy beauty products they like. With Snapchat not allowing marketers to include clickable shopping links in photos they upload, beauty marketers are creating ways to make money using the image-sharing website. PopSugar’s ShopStyle app is designed to help marketers monetize their Snapchat stories.

"Sephora uncaps new mobile revenue stream via shoppable Snapchats", Luxury Daily , June 07, 2016

Companies, Organizations  

Unilever Ventures Invests ₤500,000 In Blow LTD

Unilever Ventures, the venture capital and private equity division of the consumer packaged goods giant, invested ₤500,000 in blow LTD, a provider of beauty services on demand in London. Also, blow LTD has attracted other major investors on Seedrs, including ASOS founder and ex-CEO Nick Robertson. More than 210 people invested in blow LTD's Seedrs campaign, which has helped the company raise ₤1.1 million in funding.

"Unilever Ventures invests in beauty on demand service blow LTD on Seedrs", Seedrs, June 08, 2016

Unilever Awards UAE Factory Construction Contract To Turner & Townsend

Turner & Townsend said it has won the contract to manage the construction of Unilever's new factory in the UAE. Worth $272 million, the proposed manufacturing facility will enable Unilever to produce personal care products for its markets in the Middle East and North Africa region. Also, the planned facility will help create as many as 400 new jobs.

"Turner & Townsend seals Unilever's Dubai plant deal", Trade Arabia, June 09, 2016

Market News  

Beauty And Personal Care Companies Create Ingredients As Good As Those From Nature

Manufacturers of beauty and personal care products are developing more nature-identical materials that can be used as ingredients in place of natural extracts, botanicals, and actives. These efforts are driven by concern about sustainability and depletion of natural resources, the need for reliable consistency, price, and other related factors. Among the more popular ingredients is the Erasa XEP-30 Extreme Line Lifting and Rejuvenation Concentrate, introduced in 2015 and winner of the 2016 Breakthrough Face Product award from totalbeauty.com, and created by BioMimetics Laboratories chief scientist Jules Zecchino. Helped by available extraction processes capable of creating new materials that uses and improves those available from nature, manufacturers create nature-identical ingredients, including antioxidants and preservatives with various applications, such as anti-aging skincare and haircare.

"Virtual Reality", Household And Personal Products Industry, June 01, 2016

Facebook Urges Beauty Brands To Go Mobile

Social networking site Facebook told beauty marketers that commerce is moving to the mobile platform. Launched at the company’s first beauty summit, held in Los Angeles’ Hotel Bel-Air, Facebook IQ’s report “Beauty Beyond: The Thumb is in Charge” showed three in 10 beauty and personal care purchases by consumers 18 years old and above happened on mobile from September to December 2015. Data from the report revealed millennials, mothers, and multicultural customers accounted for 81 percent of beauty purchases during the last holiday shopping season. Also, the report forecast that in 5–10 years, all consumers will be using mobile for their purchases.

"Facebook to Beauty Marketers: The Moment for Mobile Is Now", Women’s Wear Daily, June 06, 2016

US Beauty Marketers Offering Subscription-Box Services For Men

US beauty marketers, including Luxury Barber Box, Harry's, and Birchbox, are offering subscription-box services offering men's grooming products, such as face washes, colognes, and hair gels. According to the Financial Times, the market for men's grooming products is forecast to be worth ₤1 billion annually by 2018. Mr. Porter US editor Dan Rookwood said the bento-style of men's grooming products appeal to the functional alpha in men.

"Male grooming subscription boxes: perfect for men too modern to shop?", The Guardian, June 06, 2016

P&G stabilises its operations in India

Business Standard, May 30, 2016

Coty announces new management roles in the UK and Ireland

CosmeticsDesign-Europe.com, May 31, 2016

Che Guevara Perfume?

Egotastic, May 31, 2016

Press Release  

L'Oreal USA Appoints First Chief Retail Officer

L'Oreal USA appointed Marc-Alexandre Risch as the company's first chief retail officer. Risch's responsibilities will include supporting the company with retail operations leadership and knowledge, developing back-office retail operations solutions, systems, and synergies across the company. Also, Risch will help establish seamless, omni-channel consumer experiences across the company's brand portfolio.

"L'Oréal USA Appoints Its First-Ever Chief Retail Officer", L'Oréal USA, June 07, 2016

US Millennial Women Would Rather Face Stress To Achieve Goals, Secret Study Reveals

In the US, 74 percent of millennial women said they are ready to face stress to achieve their life goals rather than settle, according to a study by Secret, Procter & Gamble's deodorant brand. Data revealed 86 percent said they are unfazed by societal expectations and choose to pursue their goals. Also, more than 4 in 5 said they believe they can set an example for other women through their experiences. Secret, which launched the Clinical Strength collection of prescription-strength deodorants for women, the brand is launching the #StressTest Facebook Live event aimed at highlighting women who dare to face stress and help inspire other women to do the same.

"New Study by Secret Deodorant Reveals That Millennial Women Would Rather Face Stress Than Settle in Their Lives", Procter & Gamble, June 09, 2016

Products & Brands  

Premium Segment Outperforms, Drives Growth In Global Beauty And Personal Care Market

In 2015, the premium segment grew 6 percent to outperform the rest of the beauty and personal care market, according to Euromonitor International. Data from the market research firm's report Beauty and Personal Care 2016 revealed the high-end segment reached almost $100 billion in value to outpace the mass segment for the first time. North America was the fastest-growing market, with premium color cosmetics and premium fragrances growing 12.9 percent and 4.5 percent, respectively. Color cosmetics grew 6 percent, compared with the previous year, performing better than the global beauty and personal care.

"Premium Segment Leads in Beauty and Personal Care", Beauty Packaging, June 01, 2016

Bath & Body Works VP Says Customers Love Nostalgic Fragrances

Bath & Body Works vice president of brand development, Soyoung Kang, said the personal care company is seeing a renewed consumer interest in classic olfactive ingredients. Kang said customers love fragrance notes that feel nostalgic but come in modernized forms and structure in the overall fragrance. According to the executive, customer favorites include Fine Fragrance Mist, which allows fragrance to be worn in a lighter way all day.

"What’s New at Bath & Body Works?", Household And Personal Products Industry, June 06, 2016

Pantene Joins Singer Jillian Hervey To Launch Campaign Aimed At Women With Curly Hair

Procter & Gamble's Pantene haircare brand partnered with singer Jillian Hervey to launch a summer campaign highlighting curly hair. Hervey and Pantene will help women fight frizz by strengthening their curls. According to the brand, the Pantene Pro-V haircare system can make curly hair strong enough to resist frizz and survive summer activities, such as going to the beach, an outdoor concert, or the hot and humid subway.

"Pantene Puts Curls on Display with New Campaign", Procter & Gamble, June 07, 2016

Sephora Partners With Website MadameNoire To Launch Digital Campaign Aimed At Women With Curly Hair

Beauty retailer Sephora partnered with African-American lifestyle site MadameNoire to launch “Curls Run the World,” a digital video series featuring four leading natural hair promoters. Highlighting conversations focused on black women proud of their curly hair, the episodes will feature New York hairstylist Monica Stevens, natural hair and fashion blogger Yolanda Renee, TLC lead singer and fitness guru Rozonda Thomas, and poet Aja Monet. Also, the series will highlight Sephora's top product choices for each natural hair texture.

"Beauty Brand, Sephora, Partners with MadameNoire on ‘Curls Run The World’ Natural Hair Product Campaign", PRWeb, June 09, 2016

Is Your Hair IPhone 7 Equivalent?

Household And Personal Products Industry, May 23, 2016

In Fragrance, Rose Is the New Unisex

The New York Times, May 31, 2016

L’Oréal ‘Reawakens’ Decléor Brand

Women's Wear Daily , June 07, 2016

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