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Period: July 30, 2016 to August 6, 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

Kenneth Cole Launches Kenneth Black Bold Fragrance

Kenneth Cole announced the launch of its Black Bold fragrance. According to the company, the product is the next step in the evolution of its signature fragrance, Kenneth Cole Black, and is inspired by the “fearless spirit” of New York City. Kenneth Cole worked with master perfumer Harry Fremont of Firmenich to create the scent described by the company as an embodiment of a “strong masculine exterior” combined with a “confident yet caring interior.” Kenneth Cole will launch an advertising campaign, shot by photographer Gregory Harris in NYC, and featuring model and artist David Alexander Flinn.

"Kenneth Cole Announces New Black Bold Fragrance", PR Newswire, July 26, 2016

Why Digital Shopping Is On The Rise: Brick-And-Mortar Stores Are Not Much Help

Almost all of the 44.4 million digital shoppers in the U.K. are likely to buy something online this year, according to survey data from consultancy Pragma. They increasingly tend to prefer using digital channels at every stage of the shopping process, except when making the final purchase decision and resolving post-purchase issues. At these points, they often prefer to head to the store. This means that stores are not doing a good job of keeping customers up-to-date on the latest products, providing detailed product information, or even allowing simple product browsing. The key finding proving that U.K. stores are failing their customers: only four percent say they’re shopping online less than they used to – compared to 32 percent shopping less in physical stores.

"UK Internet Users Reject In-Store Shopping", eMarketer, July 26, 2016

Charlotte Tilbury Recruits Kate Moss To Help Launch Her First Fragrance

Charlotte Tilbury, makeup artists to celebrities, launched her first fragrance called Scent of a Dream. To help promote her fragrance, Tilbury enlisted the help of supermodel friend Kate Moss to act as the product’s representative. Tilbury described her fragrance as “mind-altering” and “fleurotic,” with the trade publication WWD referring to it as a scent that has been “a long time in the making.” According to the paper’s online edition, Tilbury first developed the fragrance when she was 13 years old, using ingredients available in her hometown Ibiza.

"Charlotte Tilbury Launches Fragrance With The Help Of Kate Moss", The Huffington Post, July 26, 2016

Revlon Reports Slight Net Sales Bump In 2Q 2016

Revlon, Inc., reported net sales rose 1.3 percent to $488.9 million in the second quarter of 2016, compared with the quarter ended June 30, 2015. Adjusted EBITDA during the quarter dropped 1.1 percent to $89.1 million. Adjusted net income was $14.7 million, which was $14.3 million lower than the same quarter of the previous year. Revlon’s consumer business saw its sales rise 3.9 percent, compared with the second quarter of 2015; however, profit dropped 2.5 percent. Net sales and profit for the company’s professional business were essentially flat during the quarter.

"Revlon Reports Second Quarter 2016 Results", Revlon, July 29, 2016

L'Oreal Paris Enlists Actress Reema Khan To Endorse Anti-Aging Cream

L’Oreal Paris signed up actress and director Reema Khan as celebrity endorser of its new Revitalift Filler anti-aging skincare product in Pakistan. To promote the product’s launch in the country, the company released a digital film featuring Khan. According to the company, Revitalift Filler comes with the highest concentration of Hyaluronic Acid developed by L’Oreal Paris in a cream. Also, the product contains Fibroxyl plant extract, which is noted for its firming properties the company says can make the skin plumper, firmer, and younger looking.

"Reema Khan is the face of L’Oreal’s new anti-ageing cream", Dailytimes, July 30, 2016

More Sweat Cosmetics Find Their Way To Sephora's Online Store

After launching Sweat Cosmetics' Twist-Brush + Translucent Mineral Powder and Twist-Brush + Mineral Foundation SPF 30 beauty care products in June 2016, beauty retailer Sephora is adding more products from the brand to its online store. Starting on August 9, 2016, Sweat Cosmetics' Gleam On mineral powder illuminator, Glow Hard mineral powder bronzer, and Skin-Balancing Cleansing Towelettes will also be available on sephora.com. Launched in 2015 by five women who shared a common passion for soccer, Sweat Cosmetics initially aimed at creating beauty products for athletes. Bigger-than-expected demand, however, prompted the company to expand its focus to include active women for its target market.

"Sweat Cosmetics Offers Beauty Products for Fitness Buffs at Sephora.com", Women’s Wear Daily, July 30, 2016

Lidl Plans To Test Market New Private-Label Baby Brand In UK

Discount retailer Lidl plans to start testing marketing its private-label baby care brand Lidl'uns in the UK. According to the company, the test will cover four of the country's regions and, if successful, the brand would be launched nationwide. Based on Lidl's trademark application, the company plans to expand its baby care brand to include baby food, toiletries, and non-food items.

"Lidl UK to test new private label baby brand", Retail Analysis, August 01, 2016

Foreign Exchange, Other Factors, Impact P&G’s Sales Performance

Procter & Gamble’s fourth quarter – April to June – financials show a significant drop (three percent) in net sales to $16.1 billion, mainly reflecting the impact of currency fluctuations, Venezuela deconsolidation and “minor brand divestitures.”  Organic sales, however, were up two percent, thanks to a concomitant increase in organic shipment volume. The company said diluted net earnings per share were $0.69, an increase of 283 percent over the prior year. Core EPS were $0.79, a decrease of 15 percent due mainly to higher marketing spending, lower gains from minor brand divestitures, and a higher core effective tax rate. Cash flow remained strong, with fiscal year adjusted free cash flow productivity of 115 percent. Top sector sales performers were grooming (up seven percent) and healthcare (up eight percent).

"P&G Announces Fourth Quarter and Fiscal Year 2016 Results", Earnings release, Procter & Gamble, August 02, 2016

Walgreens, Unilever Partner In Program To Provide Clean Water To African Communities

Walgreens and Unilever have come up with a way to boost sales while benefiting African communities that need clean water. Between July 31 and August 27, each purchase of specific Unilever products (i.e., TRESemmé, Suave, Caress and Axe) at a Walgreens store provides five gallons of clean water to a family in a developing Kenyan community. A purchase of two or more Unilever products at Walgreens will help provide 15 gallons of clean water. The donations through the program Give H2OPE to Others are handled by the social enterprise ME to WE. In 2015, Walgreens and Unilever helped donate more than 17.5 million gallons of clean water to the Kenyan village of Kipsongol – 31,000 gallons a day provided by the digging of a borehole.

"Walgreens and Unilever Team Up with ME to WE for Second Year of Give H2OPE to Others", News release, Unilever, August 03, 2016

CavinKare Launches Karthika Herbal Shampoo Across India

CavinKare announced the nationwide launch of the Karthika Shampoo under the company's Karthika brand of herbal haircare products. According to IMRB Kantar World Panel, Karthika is present in 2.14 crore households across south India. Available in affordably priced sachets and bottles, the product was first launched in Andhra Pradesh in 2006, and later launched in Tamil Nadu, Karnataka, and Kerala states.

"CavinKare Announces National Foray of Karthika Herbal Shampoo", The Times of India, August 03, 2016

Mass Beauty Market Growth Driven By 5 Factors, Technavio Says

In the US, the mass beauty care market is forecast to grow to $24 billion by 2020, according to analysts at Technavio. According to the company’s analysis, five factors are expected to drive growth in the beauty market’s mass segment, including growing demand for men’s grooming products, the retail market’s organized structure, and the growing number of people aged 65 and older, which is expected to drive demand for antiaging products. Also expected to drive market growth are the rising demand for deodorants among teenagers and the continuing expansion of ecommerce.

"5 Reasons Mass Beauty is Growing", Cosmetics and Toiletries, August 03, 2016

Companies, Organizations  

Unilever Indonesia Posts Strong Sales, Profit Growth In 1H 2016

Unilever Indonesia reported net sales grew 10 percent to Rp 20.7 trillion in the first half of 2016, compared with Rp 18.8 trillion in the same period of 2015. According to the company, net profit also rose 10.3 percent to Rp 3.2 trillion, compared with Rp 2.9 trillion in the previous year. Unilever Indonesia said sales and profits benefited from increased demand during the Ramadhan in June and July.

"Unilever sales recover on Ramadhan spending frenzy", The Jakarta Post, July 29, 2016

Procter & Gamble Says To Increase Ad Spending In 2016

Procter & Gamble said it plans to increase its spending on advertising in 2016, compared with the previous year. According to the company's August 2, 2016, call with analysts, majority of its advertising spend is on media, which the company ramped up by about $450 million in the last quarter of its fiscal year. Despite the planned ad spending boost, the company said it will continue cutting agency-related fees, as part of its cost-cutting initiative.

"P&G To Up Ad Spend But Its Agency Cutting Drive Will Continue With Gusto", The Drum, August 02, 2016

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