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Period: October 29, 2016 to November 12, 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

Strong Growth Forecast For Global Perfume Market, Report Says

By the end of 2016, the world market for perfumes is forecast to grow to $39.67 billion, according to Future Market Insights. Data from the market research firm's report, “Perfumes Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” revealed the global perfume market will expand at a CAGR of 5.9 percent in 2016‒2026, driven in part by growing demand from millennial consumers. Also, growth in the fragrance segment has been driven by expansions in online retail business and marketing efforts of market leaders, such as Estee Lauder, LVMH, and Coty. Demand for fragrances is also benefiting from consumers' willingness to spend on luxury personal care products.

"Physical retail to continue global perfumes’ market domination: report", Luxury Daily, November 02, 2016

Dr. Hauschka Skin Care Names New CEO

Natural beauty brand Dr. Hauschka Skin Care, Inc., named Martina Joseph as the company's new CEO. With more than 20 years of professional experience in the natural beauty market, Joseph was previously general manager for Bliss North America. Before that, she was head of North American marketing, sales, and education for Carol's Daughter, Jurlique and Nude Skincare.

"Dr. Hauschka Skin Care, Inc. Welcomes New CEO Martina Joseph", PR Newswire, November 02, 2016

Iran Is Middle East's Second-Largest Beauty Market, Reports Show

Iran accounts for $2.1 billion of the Middle East market's beauty products market valued at $7.2 billion, according to data from the Iranian Association of Cosmetics, Toiletries and Perfumery Importers. There are 15 million consumers for beauty products in the country, which means each consumer spends $140 on cosmetics each year. Data also revealed Iranians spend 4.5 percent of their annual income on beauty products, three times more than European consumers who spend $99 on cosmetics per year.

"Iranians Spend $2.1b on Beauty Products Annually", Financial Tribune Daily, November 02, 2016

Natura Is 19th-Largest Company, Beauty Packaging Magazine Says

Natura was ranked number 19 on the Beauty Packaging’s Top 20 Companies list for 2016. In 2014, the beauty company’s net revenue dropped to $2 billion, hampered by Brazil’s higher taxes and currency devaluation. Also, the country’s cosmetics, fragrances, and toiletries market contracted by 6 percent. In 2015, overseas operations accounted for almost 30 percent of the company’s net revenue, with international operations growing 47 percent in the last five years.

"Natura is Number 19 at Beauty Packaging Magazine’s Top 20 Companies List", Beauty Packaging , November 03, 2016

Church & Dwight Reports Slightly Higher Sales In 3Q 2016

Church & Dwight Co., Inc., reported net sales rose 1.0 percent, or $8.9 million, to $870.7 million in the third quarter of 2016, compared with the same period in the previous year. According to the company, sales growth was driven by the 2.2 percent global consumer net sales growth. Global consumer organic sales rose 2.5 percent, driven by the 3.0 percent growth in volume, the company said. However, the company's Specialty Products business saw sales drop 11.3 percent, hampered by further weakening in the dairy economy. Total organic sales grew 1.2 percent, supported by volume growth of 1.7 percent, the company said.

"Church & Dwight Reports Third Quarter Results", Church & Dwight, November 03, 2016

Unilever Starts Building Joint Venture Factory In Cuba

Unilever-Suchel SA, the consumer goods company’s joint venture with Cuban state-owned company Intersuchel S.A, began construction of the $35-million soap and toothpaste factory in the country’s Mariel special development zone. Highlighting Cuba’s growing ability to attract foreign investments following President Raul Castro’s efforts to reform the economy, the factory will manufacture personal care products, such as Sedal shampoo and Rexona deodorant. Unilever was one of the first companies to establish a venture in the country after Cuba allowed some Western investment in the 1990s. In 2012, the company left following a dispute over controlling interest in a joint venture.

"Cuba, Unilever start work on joint soap and toothpaste factory", Reuters, November 04, 2016

Signal Toothpaste Brand Launches First Facebook Messenger Campaign

Unilever's toothpaste brand Signal launched “Little Brush Big Brush,” the brand's first Facebook Messenger campaign. Using a 21-day behavioral change program, the campaign aims to help families with children to develop improved toothbrushing habits. Also, the campaign delivers its core message using 21 designed-for-children animated videos featuring animal characters.

"Unilever’s Signal Uses Facebook Messenger for 21-day Behaviour Change Campaign", Mobile Marketing, November 07, 2016

Sephora Faces Trademark Infringement Lawsuit From Green Heart Labs

Beauty retailer Sephora has been sued by Green Heart Labs for allegedly violating the company's trademark for its Aha! Moment! skincare product. According to the lawsuit, Sephora has failed to stop selling the brand Drunk Elephant, which Green Heart Labs claims is using the trademark to promote its product. Green Heart Labs also claims the infringement “has caused injury to its business, goodwill, and property.”

"Sephora caught up in trademark lawsuit", Cosmetics Design, November 08, 2016

Henkel Reports Strong Sales Growth In 3Q 2016

Henkel reported sales grew 3.4 percent to €4.748 billion in the third quarter of 2016, compared with the same period in the previous year. Organic sales rose 2.8 percent, with EBIT improving by 0.7 percentage points to 17.6 percent. According to the company, its Laundry & Home Care business posted organic sales growth of 4.0 percent, driven by volume increases. Also, its Beauty Care business unit reported sales expanded by 2.6 percent during the period.

"Henkel Quarterly Report Q3/2016", Henkel, November 08, 2016

Companies, Organizations  

Prestige Beauty Market Expands 8 Percent In 3Q 2016, NPD Says

In the US, sales of prestige beauty products grew 8 percent to $3.5 billion in the third quarter of 2016, compared with the same period in the previous year, according to NPD. Data from the market research firm revealed color cosmetics continued to drive the segment's sales growth during the period. Sales of eyebrow makeup grew 37 percent, while lip color sales jumped 21 percent. Sales of nail beauty products, however, fell 17 percent. Sales of skincare products rose 5 percent to $1.1 billion, while sun products jumped 16 percent.

"NPD: Q3 Prestige Beauty Sales +8%", Cosmetic Executive Women, October 31, 2016

Unilever Names New Foundry Head

Unilever named Jonathan Hammond as head of the company's start-up collaboration program Foundry, following Jeremy Basset's departure from the company. Hammond has more than eight years of experience working at Unilever, with most of those years in brand management positions in Australia. He was named global marketing strategy manager for Unilever Foundry in September 2016.

"Unilever appoints new head of Foundry as Jeremy Basset announces departure", Campaign Live, November 03, 2016

Unilever China Wins Sustainability Award From British Chamber Of Commerce Shanghai

Unilever China won the Sustainable Business Award of British Business Awards 2016. Created by the British Chamber of Commerce Shanghai in 2008, the Awards highlight and promote “excellence in innovation, enterprise, and endeavor in the British and Chinese business communities.” Among the criteria of the award are the presence of “identified vision and set of values” and integration of sustainability in business strategy and practices in the country.

"Unilever Wins Sustainable Business Award of British Business Awards 2016", PR Newswire, November 10, 2016

Henkel CEO Keeps Eye on US Election

HAPPI, November 08, 2016

Earnings Release  

Beiersdorf Reports Sales Gains In First 9 Months Of 2016

Beiersdorf reported organic group sales for the first nine months of 2016 grew 2.9 percent to €5.032 billion, while nominal sales declined 0.1 percent to €5.035 billion. Consumer business posted a 3.2 percent growth in organic sales during the period, while nominal sales rose 0.1 percent from €4.172 billion to €4.177 billion. Sales of Nivea skincare products increased 3.6 percent year on year, while Eucerin sales rose 2.9 percent.

"Beiersdorf's (BDRFF) CEO Stefan Heidenreich on Q3 2016 Results - Earnings Call Transcript", Seeking Alpha, November 03, 2016

Revlon Posts Strong Sales Gains In 3Q 2016

Beauty brand Revlon, Inc., reported net sales jumped 28.3 percent to $604.8 million in the third quarter of 2016, compared with the same period in the previous year. On a pro forma basis, total net sales increased 1.0 percent to $745.1 million, compared with the previous year. As reported net loss was $4.7 million, while pro forma net loss was $0.5 million. Total adjusted EBITDA was $113.4 million, an increase of 34.8 percent from the previous-year quarter.

"Revlon Reports Third Quarter 2016 Results", Revlon, November 04, 2016

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