Retail & the Beauty Consumer

Ulta Beauty launching its own credit card

Ulta Beauty launching its own credit card

By Deanna Utroske

The cosmetics and personal care retailer has contracted with data-driven marketing firm Alliance Data Systems Corporation to establish an Ultamate Rewards Credit Card and loyalty program for beauty consumers.

Coty names Camillo Pane CEO

Coty names a new CEO

By Deanna Utroske

The appointment won’t take effect until later this year, once the Coty P&G deal is formally closed. Fittingly, the new executive has experience integrating acquisitions in and beyond the US.  

fragrance and beauty company Inter Parfums Q2 numbers and Coach launch

Inter Parfums Q2 numbers

By Deanna Utroske

The fragrance and beauty innovator announced its most recent financial figures, showing impressive net sales. And now Inter Parfums is looking ahead to the second half of the year and the company’s first launch of a Coach branded scent.

This year’s beauty industry job market looks good for talent

This year’s beauty industry job market looks good for talent

By Deanna Utroske

At last night’s CEW event in New York City, job experts from 24 Seven and The Estée Lauder Companies shared insights about the current state of hiring and employment among cosmetic and personal care brands and manufacturers.

Executive leadership changes Estée Lauder Companies, Origns, Jo Malone

Executive leadership changes at Estée Lauder Companies

By Deanna Utroske

This month the cosmetics maker announced two in-house appointments to strengthen the global reach of its Origins and Jo Malone London brands. One is already in effect, while the other is set to take place this fall.

Women rising in the ranks at Markwins Beauty Brands

Women rising in the ranks at Markwins Beauty Brands

By Deanna Utroske

The private cosmetics company owns popular labels such as wet n wild, Black Radiance, Bonne Bell, Lip Smacker, and Physicians Formula; and now, in a move to restructure Markwins’ leadership, in-house promotions are being announced.   

L’Oréal will acquire skincare, makeup company IT Cosmetics for 1.2 bn

L’Oréal will acquire IT Cosmetics

By Deanna Utroske

Friday afternoon, the self-proclaimed world’s leading beauty company announced the signing of a deal to purchase skin care and makeup brand IT Cosmetics for over $1bn — validation of IT Cosmetics’ hard-earned reputation for innovation and consumer loyalty.  

Commercial real estate industry sees a big opportunity in cosmetics

Commercial real estate industry sees a big opportunity in cosmetics

By Deanna Utroske

This week, that industry’s news coverage highlights the success of standalone beauty shops like Sephora and Ulta but also points to the increase in foot traffic that the right personal care and cosmetic brands and services bring into drug and big-box...

Beautycounter buys the Nude natural skin care line from LVMH

Beautycounter buys the Nude natural skin care line from LVMH

By Deanna Utroske

Not to be left out of the M&A game this summer, Beautycounter posted news of the acquisition on its Instagram page yesterday evening, saying “and the Beautycounter family just got a little bigger. Welcome, NUDE Skincare! #saferbeauty #betterbeauty.”

Revlon acquires Elizabeth Arden, adding prestige beauty

Revlon acquires Elizabeth Arden, adding prestige beauty

By Deanna Utroske

In a multimillion dollar cash deal that’s had everyone talking since it was announced Thursday evening, the mass market beauty and personal care company is adding prestige color cosmetics and fragrance to its multinational business.

Equal Pay Pledge signed by two cosmetics and personal care companies

Equal Pay Pledge signed by two cosmetics and personal care companies

By Deanna Utroske

Yesterday The White House announced the initiative, “highlighting the critical role that businesses must play in reducing the national gender pay gap” and encouraging private sector companies to commit to steps that will ensure women and men earn equal...

Cosmetics company Shiseido Americas acquires Laura Mercier and RéVive

Shiseido Americas acquires Laura Mercier and RéVive

By Deanna Utroske

Shiseido is buying Gurwitch Products (the holding company of those two makeup brands), and the deal is expected to bring the Japan-based cosmetics company closer to its ambitious 2020 sales goal of 1 trillion yen.

Revlon acquires nail polish remover brand Cutex from Coty

Revlon acquires nail polish brand Cutex

By Deanna Utroske

In a deal announced yesterday, the global cosmetics and beauty care company added the Cutex international business to its portfolio of brands. Coty gave up the nail brand as part of that company’s ongoing transformation.

Lafley leaves P&G

Lafley leaves P&G

By Deanna Utroske

After 12 years as chairman of the board for the multinational consumer goods company, A.G. Lafley is leaving the post again. His successor will take over next month, and P&G hopes things move ahead smoothly.

Elizabeth Arden to acquire Christina Aguilera fragrances

Elizabeth Arden to acquire Christina Aguilera fragrances

By Deanna Utroske

Today, the prestige beauty company announced its plans to buy the global rights to all seven of the recording artist’s fragrance brands, a move that’s right in line with Elizabeth Arden’s renewed emphasis on fragrance.

Sales and profits are up at IFF

Sales and profits are up at IFF

By Deanna Utroske

At the start of this week, the company announced its Q1 results, and on a currency neutral basis, the numbers look good.

Elizabeth Arden Q3 results show sales growth

Elizabeth Arden Q3 results show sales growth

By Deanna Utroske

At constant currency rates, the company is reporting good news for both the Elizabeth Arden brand and others owned by the company. With several strategic initiatives in place, the company is looking ahead to its year-end report in August.

Avon Products Q1 results

Avon Products Q1 results

By Deanna Utroske

The company made its first quarterly financial report today since having sold the North American business to Cerberus Capital Management.

A new CEO sets to work at New Avon LLC

A new CEO sets to work at New Avon LLC

By Deanna Utroske

Just last week the privately owned, stand-alone North American business got a new chief executive, an appointment from outside the company that was announced just weeks after New Avon LLC became a reality.

Brazil’s Natura Cosmetics posts a loss for Q1

Brazil’s Natura Cosmetics posts a loss for Q1

By Deanna Utroske

Multinationals are edging in to the South American region while the economy is down; but for the time being, this quarter’s results don’t look good for the local direct-sales beauty company.

L’Oréal sees developed markets hold up in Q1 sales

L’Oréal sees developed markets hold up in Q1 sales

By Andrew MCDOUGALL

L’Oréal saw its Group sales rise 1.8% for the first quarter 2016 to €6.55 billion, thanks to gains made in Western Europe and North America offsetting difficulties encountered in some emrging markets due to the strengthening euro.

Ulta Salon, Cosmetics & Fragrance joins the S&P 500

Ulta Salon, Cosmetics & Fragrance joins the S&P 500

By Deanna Utroske

At the close of trading tomorrow, the beauty company will take its place on the market indicator list alongside other industry leaders, including Estee Lauder Cos., International Flavors & Fragrances, Dow Chemical, and P&G.

Is Procter & Gamble well on the road to recovery?

Is Procter & Gamble well on the road to recovery?

By Simon Pitman

A Wall Street analyst’s positive note on Procter & Gamble’s outlook has sent share prices upwards and could be one of the first signs the business is really back on track.

Ulta Beauty announces plans for satellite headquarters

Ulta Beauty announces plans for satellite headquarters

By Deanna Utroske

The private label brand and beauty retailer has its offices in Bolingbrook, Illinois, a west suburb of Chicago, and this summer Ulta will open space in the heart of the city for up to 100 employees.

PDC Brands acquires Original Additions

PDC Brands acquires Original Additions

By Deanna Utroske

With this latest cosmetics company acquisition, PDC secures its industry position further and sets the stage for international business as well.

Hair care company Strength of Nature acquired

Hair care company Strength of Nature acquired

By Deanna Utroske

GCPL is strategically growing though acquisitions, particularly in hair care for women of African descent, and with this latest deal the India-based company gains market share as well as US-specific insights and product knowledge.   

Will Old Spice lawsuit hurt Procter & Gamble?

Will Old Spice lawsuit hurt Procter & Gamble?

By Simon Pitman

P&G has been facing up to the challenge of flat sales and a significant restructuring of the business, but more challenges come as it is slapped with a lawsuit on its Old Spice brand.

Oriflame coming to US and Brazil

Oriflame coming to US and Brazil

By Deanna Utroske

The direct-sales beauty company is scouting out new growth markets and has plans to launch operations in both North and South America.

beautyblender and Avon reach a settlement

beautyblender and Avon reach a settlement

By Deanna Utroske

The innovative application tool company Rea.deeming Beauty accepted a substantial payment from Avon as the company continues to challenge trademark infringement globally.

VariBlend and Cosmax USA team up

VariBlend and Cosmax USA team up

By Deanna Utroske

The manufacturing and packaging partnership will be rolling our product within months and is all part of Cosmax’s plans to dominate the contract manufacturing space in the Americas and beyond.

Ulta reports strong sales and further expansion plans

Ulta reports strong sales and further expansion plans

By Simon Pitman

The cosmetic and beauty retailer is going from strength to strength on the back of its focus on a wider selection of color cosmetics, with sales for the latest quarter strong and more stores planned.

Avon shifts HQ to the UK, sheds 2,500 jobs

Avon shifts HQ to the UK, sheds 2,500 jobs

By Simon Pitman

Avon Products has confirmed that it is shifting its international headquarters to the UK and is to reduce its workforce by 2,500 as part of its transformation plan for the ailing business.

New Avon LLC has arrived

New Avon LLC has arrived

By Deanna Utroske

The privately owned North American Avon business is a done deal this month as Cerberus Capital Management takes a majority stake in the beauty company—a transaction meant to make Avon profitable again.  

Revlon has no CEO

Revlon has no CEO

By Deanna Utroske

Today Lorenzo Delpani steps down from the position he’s held since October of 2013, and the company has yet to name a replacement or interim leader.

per-fékt beauty gets capital investment from CDG

per-fékt beauty gets capital investment from CDG

By Deanna Utroske

The Cosmetics Design Group (a company with no affiliation to this publication) has bought a majority stake in the successful indie brand, and going forward the two companies will essentially act as partners.

Women working in cosmetics industry treated more equally than most

Women working in cosmetics industry treated more equally than most

By Deanna Utroske

New data from job review site fairygodboss.com shows well over half of women working in the beauty business self-report being treated equitably in regard to gender, though when it comes to job satisfaction cosmetics scored near the bottom.