Understanding consumers’ needs is the first step to fulfilling them, but that can be challenging when they already have misguided preconceptions of how a product works, veteran cosmetics and personal care researchers say.
International beauty major L’Oréal has reported strong sales growth for the first half (H1) of 2022, with much of business returning to or exceeding pre-pandemic levels and net profit surging.
With consumers’ limited access to in-store retail experiences, the pandemic has pushed beauty brands to e-commerce, and experts say there is no going back.
International beauty major L’Oréal has reported a strong rise in sales and net profit for the first half (H1) of 2021, with e-commerce and North America performing particularly well during Q2.
L’Oréal has reported its strongest sales growth in a decade, with Luxe and Active cosmetics surging significantly and e-commerce growing ‘spectacularly’, according to its CEO and chairman.
At Tuesday evening’s awards ceremony in New York City, CEW brought together a who’s who of indie beauty brand leaders for celebration and networking. The event simultaneously marked the launched of the organization’s first-of-its-kind report on the size...
At yesterday evening’s Beauty Insider Series event, Reinventing Retail Stores, executives from Ulta Beauty, Walgreens, and Cos Bar spoke on a panel moderated by Jenny B. Fine, editor of WWD Beauty Inc. The group discussed just how their companies are...
The direct-sales cosmetics and personal care company has launched a new digital app that acts as a virtual assistant and makes mobile transactions a matter of course for the company’s on-the-go team of sales representatives.
The organization announced the top 20 direct-sales companies among its membership in the US earlier this month at the event in Phoenix, Arizona. And leading companies like Mary Kay came away with further accolades.
L’Oréal is continuing to target the digital arena and is looking to online to continue to drive growth following a year in which it has invested heavily in the sector and e-commerce sales have been impressive.
Consumers shopping for fragrance in department stores have a much different experience than those in drug stores. But one industry veteran has a notion to change that, using tech and common sense to inspire perfume purchases in the drug store.
A probe by China's authorities into the direct seller Nu Skin’s business practices in the country could result in the possibility of fines or sanctions, the company has confirmed, but analysts believe the business will pull through.
Beauty giants Avon and Coty have announced their intention to collaborate in Brazil, hoping to mutually strengthen their positions in the significant emerging market.
Cosmetics company Avon "does not understand" the MLM model and is dangerously trapped between two different strategies for selling, according to an expert in multi-level marketing.
NuSil has opened a new business division dedicated to silicone-based personal care ingredients earlier this year. In this video interview, the company's technical sales manager, Jeff Caruso, explains the focus and strategy for it and highlights its...
Beauty behemoth L’Oréal has opted for Mega Airless' dispensers for its Garnier brand’s newly launched UltraLift Swirl 2-in-1 Serum + Cream anti-wrinkle formula.
Korean airless manufacturer Yonwoo has made an $8 million investment to expand its production capability of low-cost airless packaging in anticipation of increased demand.
Beiersdorf has engaged UK-based Brandbank as part of a concerted drive to up its digital presence and online sales; one of the company’s top business priorities.
Fragrance player Parlux has announced its unaudited results for the second quarter, crediting its double digit sales growth to the launch of its latest Rihanna scent and the advertising investment made in support of this.
Shiseido has forged a joint venture allowing it to start commercial operations in Turkey, a move that is line with the Japanese cosmetic giant’s expansion in smaller but important emerging markets.
Japanese cosmetics brand Shiseido has said that if consumer demand and the appropriate retail channels exist, it will continue to expand into new markets as part of its aim to become ‘a global player representing Asia with its origins in Japan’.
Avon Products is selling its 74.7 percent stake in Avon Japan to affiliate TPG Capital as part of aims to focus the business on high value direct sales.
Parlux has signed a partnership agreement with women’s footwear brand the Camuto Group following a successful collaboration on the Jessica Simpson fragrance.
Third quarter preliminary results for salon hair provider Regis show that sales continued to slip for the third quarter, although the drop is not as pronounced as previous results.
Sara Lee says that following the sale of the majority of its Household and Body Care (HBC) division, it is ‘confident’ it will sell the remaining third of the business.
Burt Rigid Box, a supplier of packaging to several markets including cosmetics and personal care, has entered into a sales-based agreement with Plaza Packaging.
Despite personal care sales stalling, Helen of Troy’s third quarter results show that the company is easing its way out of the recession as both sales and profits increase.
Parlux fragrances’ third quarter preliminary results show an increase of 3 percent in net sales despite the difficulties faced by the US prestige fragrance industry over the past year.
Natura Cosmeticos has reported a sharp rise in fourth quarter sales and profits following a year of mixed fortune for Brazil’s biggest cosmetics company.
Following the recent sale of its Hirtler soap factory to an
independent buyer, Beiersdorf has stated this week that it will
sell its logistics centre in Hamburg in a bid to bring the
realignment of its supply chain organisation programme...
Texas-based Helen of Troy has reported a strong increase in sales,
but costs associated with upgrading the company's distribution and
warehousing operations keep net profits down.
Leading Japanese and global cosmetics player Shiseido has pulled
back into profit following improved sales and reduced labour costs,
but it is predicting that sales growth will slip in the coming year
as a result of competition.
Playtex Products has posted a significant drop in its Q4 results,
hurt by charges and lost sales from smaller brands that it has sold
on as part of its plans to restructure.
International consumer goods maker Sara Lee has confirmed that it
is selling its direct sales cosmetics business to Tupperware for
$577 million. The move forms part of the company's bid to redefine
its over-stretched product...
Although the US market for fragrances has shown a distinct downturn
in recent years, an upturn in 2004 was driven by rising demand from
the Hispanics market, combined with the continued strength of big
name endorsements. Simon Pitman...
E Com Ventures has announced that its wholly owned subsidiary,
Perfumania Marketing, achieved a rebound in its sales performance
for February, following a challenging January, reports Simon
Pitman.
Avon is cutting back on non-cosmetics lines such as jewellery and
toys and concentrating on its international markets in an effort to
stem the effects of a slow US market, which the company forecasts
will not pick up during the course...
Europe continues to lead the way in the global fragrance market,
with a recent market report pointing out that it now accounts for
40 per cent of all international sales. But a closer look at
individual markets reveals a mixed bag...
Sometimes not following market trends and competitors, but sticking
to your own business and marketing strategy may be the best way to
succeed. One of the best examples of this is Avon, the sixth
largest global beauty company, which...
![L'Oréal's luxury division performed especially well, with wider beauty market promise most notable in fragrances and makeup - both rebounding strongly in H1 2022 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/08/02/l-oreal-h1-q2-2022-net-profit-soars-25-with-sales-strong-worldwide-and-luxury-active-cosmetics-solid/15649665-1-eng-GB/L-Oreal-H1-Q2-2022-net-profit-soars-25-with-sales-strong-worldwide-and-luxury-active-cosmetics-solid.jpg)
![L'Oréal's Professional Products division which stocks salons worldwide with hair care products performed especially well in Q2 2021 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/07/30/l-oreal-h1-2021-sales-and-net-profit-rise-worldwide-with-north-america-and-professional-products-strong/12696052-1-eng-GB/L-Oreal-H1-2021-sales-and-net-profit-rise-worldwide-with-North-America-and-Professional-Products-strong.jpg)
