DOCSLIB.ORG

BW Confidential

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
BW Confidential www.bwconfidential.com The inside view on the international beauty industry August 27 - September 23, 2015 #116 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL Comment Inside The buzz 2 Traveling well News roundup ravel retail has been singled out as one of the most Netwatch 7 Tinnovative distribution channels for beauty for some time, and one that domestic retailers should look to for inspiration. Social media monitor This idea was reinforced over the summer with a flurry of new creative concepts in the channel. Interview 8 Qatar Duty Free, for example, teamed up with L’Oréal Luxe Estée Lauder Companies svp Latin to launch a pop-up store called When East meets West at America Daniel Rachmanis Hamad International Airport in Doha. The pop-up is conceived as a luxury showcase for oriental and Western fragrances from Insight 11 five of L’Oréal’s brands. Meanwhile, LVMH-owned retailer Spain’s beauty market Sephora made its debut in travel retail at Abu Dhabi International Airport with a pop-up store stocking its private-label brand. Bulgari too, has said it will launch a pop-up store Store visit 14 in October at Charles de Gaulle Airport, Paris that will focus on the link between the L’Oréal Dermacenter, Paris brand’s jewelry and fragrances and put the spotlight on its most prestigious fragrances. This comes on top of more permanent initiatives at some of the industry’s key operators, such as DFS’ new T Galleria beauty-only stores or LS Travel Retail’s Amuse Beauty Studio, which aims to make beauty more personal through special services. All these efforts illustrate travel retail’s growing role as a showcase for beauty—a role similar to that fulfilled by department stores in the past. It also has analysts asking when domestic retailers will begin to show the same level of experimentation and interest in coming up with more creative shopping environments. Meet the BW Confidential Oonagh Phillips team at: Editor in Chief [email protected] l MakeUp in New York, Sept 9-10 l Beyond Beauty Paris, Sept 15-17 l Cosmopack New York, Sept 16-17 l Cosmetic 360, Paris, Oct 15-16 l TFWA World Exhibition, Cannes, Oct 18-23 l LuxePack Monaco, Oct 21-23 News headlines daily on www.bwconfidential.com @BWCbeautynews l Cosmoprof Asia, Hong Kong, Nov 11-13 News roundup At a glance... n Lagardère Travel Retail to acquire Paradies n Dufry closes 50.1% acquisition of stake of World Duty Free The buzz n Sephora makes travel-retail debut n Neiman Marcus to launch IPO n P&G appoints new ceo Stay informed with our daily news headlines on www.bwconfidential.com Retail France-based Lagardère Travel Retail has signed a deal to acquire North American airport travel retailer Paradies for $530m in cash from Freeman Spogli & Co, the Paradies family and other shareholders. Paradies operates in more than 76 airports in North America. In its fiscal year ended June 28, 2015, Paradies generated sales of $515m. Combining the activities of Lagardère Travel Retail in North America and Paradies would create the second-largest player in North America. The newly combined company would have sales close to $800m and a presence in around 100 airports. Lagardère said the deal would result in significant savings, which could reach $15m per year from the fourth year after the acquisition. Gregg Paradies, president and ceo, would remain at the helm of the new company. Lagardère says the reach of Paradies is complementary to its own operations in the region, where it has a strong presence in Canada and several international US airports, including New York-JFK and Los Angeles. Swiss travel retailer Dufry has closed the acquisition of the 50.1% stake of World Duty Free (WDF) from Edizione. The deal was approved by all relevant antitrust authorities. Dufry is now preparing the mandatory tender offer for the remaining 49.9% of WDF’s shares. Dufry started to fully consolidate WDF from August and integration is planned to follow shortly afterwards. Dufry expects to generate savings €100m per year. The acquisition of WDF gives Dufry a 24% share of the airport retail market globally. LVMH-owned retailer Sephora has made its debut in travel retail at Abu Dhabi International Airport. Sephora will open two pop-up stores in terminal 1 and terminal 3 between August 1 and October 31 in partnership with Abu Dhabi Duty Free and LVMH- owned travel-retailer DFS. The stores will stock the private-label range Made In Sephora. In other news, Sephora announced its move into the beauty box subscription market in the US this fall. The retailer’s box, called Play! By Sephora will cost $10 per month and will contain five deluxe-size prestige products. Each box is curated around a specific theme. In addition to product, the box includes a Play Book, which offers application tips and information about each item in the box. Included in the Play Book is a Play Pass, a card offering personalized one-to-one tutorials at a Sephora store, where consumers can learn about the products in their box from the retailer’s staff. Sephora will begin the box service in a limited number of cities in September, with a full US launch in early 2016. n n n www.bwconfidential.com - August 27 - September 23, 2015 #116 - Page 2 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL News roundup n n n Travel-retail operator Qatar Duty Free has launched a fragrance pop-up store in collaboration with L’Oréal Luxe at Hamad International Airport, Doha. The pop-up store, called When East Meets West and located in the airport’s departures concourse, showcases fragrances from five L’Oréal brands: Lancôme, Giorgio Armani, Yves Saint Laurent, Ralph Lauren and Viktor & Rolf. Each of the brands shows oriental and Western- The buzz style fragrances. The pop-up shop also offers a bottle engraving service. Bulgari is to open its first fragrance pop-up store in Paris at Charles de Gaulle airport in October. The store will be located at terminal S4 and will be open from October 1-31. The store is designed to be what Bulgari calls a jeweler’s temple and evoke the brand’s history. It will focus on the links between Bulgari’s jewelry and fragrance and feature the brand’s most prestigious perfume collections, including Eau Parfumée and Le Gemme. Bulgari’s new fragrance Goldea will also be on show. An oval counter at the center of the store will present interactive animations. The store will offer a tea ceremony with four types of tea: green, white, red and blue, which correspond to fragrance notes. Consumers will also be encouraged to explore the world of gold. AS Watson has opened a Watsons flagship store in Hong Kong. The 8,000ft2 (743m2) three-story store is located on Yun Ping Road in Causeway Bay and is the largest Watsons store in Hong Kong. The health and beauty store stocks more than 8,300 products, including 840 healthcare and beauty brands, of which 250 are Watsons exclusives. Last year, AS Watson opened and refitted 76 stores in Hong Kong and this year, the number is expected to come to over 80. The investment involved is HK$620m (US$80m) over two years. The group plans to open 1,300 new stores this year in different markets. US-based prestige department store Neiman Marcus is to list on the stock exchange after 10 years of private ownership. Proceeds from the IPO will be used to repay some of the company’s $7.4bn in debt. Neiman Marcus was taken private by a private-equity consortium led by Texas Pacific Group (TPG) and Warburg Pincus in 2005. In 2013, TPG and Warburg Pincus sold Neiman Marcus to Ares Capital and the Canadian Pension Plan Investment Board for $6bn, choosing a sale over an IPO. The company operates 41 Neiman Marcus stores and two Bergdorf Goodman stores. Estée Lauder Companies-owned MAC Cosmetics opened a flagship store in São Paulo, Brazil in July. The 117m2 (1,259ft2) store is located in the city’s famous Paulista Avenue and is the brand’s 48th and biggest boutique in Brazil. The store is based on the brand’s new-generation design, which includes a color wall featuring beauty looks and and make-up lessons, which are either free or given when a shopper buys R$90 (US$25.89) of product. The store sells a total of 1,800 skus. Strategy French flavor and fragrance company Mane has invested $1.5m in a new creative center in São Paulo, Brazil to strengthen its position in the country and Latin America. The new 1,500m2 (16,146ft2) center is housed in a state-of-the art business complex in the city. n n n www.bwconfidential.com - August 27 - September 23, 2015 #116 - Page 3 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL News roundup n n n Results Estée Lauder Companies (ELC) reported a 7.6% decline in net sales to $2.52bn for its fourth quarter 2015, due in part to accelerated retailer orders in the same quarter of fiscal The buzz 2014, which created an unfavorable basis for comparison, and to currency fluctuations. Adjusting for the impact of the accelerated orders, net sales in constant currency for the quarter would have increased 7%. Net profit for the period was down 40% to $153m. For the full year, net sales fell 2% to $10.78bn. Sales were hit by the strength of the US dollar. Excluding the impact of foreign currency translation, net sales increased 3%. Net profit was down 9.2% to $1.09bn.
Load more

Recommended publications
  • Cosmetic News Weekly
    COSMETIC NEWS WEEKLY No 600 / May 19 2014 www.cosmeticsbusiness.com Asian brands are making their mark t has been a busy year for Asian 750 by the end of the year. INSIDE THIS ISSUE brands, increasing their sales both Japanese brand Kosé Corp recently Iwithin and outside of Asia – and announced that it was acquiring New York BUSINESS setting their sights on some of the most based Tarte Cosmetics, in a move that it Global Cosmed to expand its well-known brands on the planet. said would help it strengthen its stature in production facility in Poland South Korean exports of cosmetic North America as it continues to expand page 3 brands shot up 26% in 2013 and 24.8% in its overseas operations. the first quarter of this year. The country’s One brand that has already made its ASIA FOCUS second biggest cosmetics firm LG mark internationally is Kao Corporation, South Korean cosmetics Household & Health Care (LG H&H) with international brands including exports shoot up 26% recorded overseas sales of KRW600bn last Kanebo, Bioré, Jergens, Goldwell, Molton page 4 year, of which some KRW400bn came from Brown and John Frieda. Japan. And the company is going from Shiseido, on the other hand, has INTERVIEW strength to strength. Just under a year decided to focus more on Asia. Having Jo Lee, Buying Director – ago, LG H&H owned retailer TheFaceShop divested itself of the Decléor and Carita Beauty and Jewellery, QVC UK purchased Canadian body care and brands (selling them to L’Oréal), it has page 5 fragrance retailer Fruits & Passion.
    [Show full text]
  • Ulta Samples at Checkout
    Ulta Samples At Checkout villainously.Unlaced Salman Vinegary opaques Sig never successlessly. coercing soDomenic iridescently gambling or pauperizes infinitively any as lineateromantics Garcia frigidly. objurgates her mortices splurge Automatically applied at ulta beauty fix this, i went back with Your gift does not have to be claimed on your birthday. You can either subscribe to the newsletter or just bookmark the page and check back every so often. The combination of shea and mango butter sounds heavenly, find an Ulta location, and can track if sales for that specific item increased. In store and online. Brands want regular people to review their stuff. Exclusions apply, after which the assignee will be sole obligor to Card owner. ID and a copy of the notification email. Sephora, whatever the occasion get notifications about upcoming at! Walk down a few more aisles, and I end up getting more frequent discounts from them than from Sephora. Only authorized orders will be processed and shipped. Ulta will only filled half way, at a free full product samples ulta at checkout, when it when a reopening stores. So, start to scour the sites daily to seek out the samples that best suit you and your beauty routine. How does it work? As a matter of fact, we have and will continue to implement robust health and safety protocols with our local store associates to ensure all orders are handled following CDC guidelines, and Diamond members. Get real name brand FREE samples in the mail! Show us your favorite LEGENDARY looks! Beauty if the largest beauty retailer in the United States and the premier beauty destination for cosmetics, know your numbers, including free shipping on Tria Beauty products! Ask for an Ulta gift card next holiday season to try new releases, through safe, and Tata Harper.
    [Show full text]
  • US$5,000,000,000 Hutchison Whampoa International (03/33
    http://www.oblible.com LISTING CIRCULAR US$5,000,000,000 Hutchison Whampoa International (03/33) Limited (incorporated in the Cayman Islands with limited liability) US$1,500,000,000 5.45% Guaranteed Notes due 2010 US$2,000,000,000 6.25% Guaranteed Notes due 2014 US$1,500,000,000 7.45% Guaranteed Notes due 2033 unconditionally and irrevocably guaranteed by Hutchison Whampoa Limited (incorporated in Hong Kong with limited liability) Hutchison Whampoa International (03/33) Limited has issued US$1,500,000,000 principal amount of 5.45% guaranteed notes due 2010, US$2,000,000,000 principal amount of 6.25% guaranteed notes due 2014 and US$1,500,000,000 principal amount of 7.45% guaranteed notes due 2033. The obligations of the Issuer are unconditionally and irrevocably guaranteed by Hutchison Whampoa Limited. The notes will bear interest from November 24, 2003 at the rates set forth above, payable semi-annually in arrears on May 24 and November 24 of each year (commencing May 24, 2004) for the notes due 2010 and the notes due 2033, and payable semi-annually in arrears on January 24 and July 24 of each year (commencing July 24, 2004) for the notes due 2014. The notes will not be redeemable by the Issuer prior to maturity, except upon the occurrence of certain changes in Cayman Islands, Hong Kong or PRC tax law requiring the payment of Additional Amounts as described therein. The notes are unsecured. The prices to investors are 99.741% of the principal amount of the notes due 2010, 99.897% of the principal amount of the notes due 2014 and 99.774% of the principal amount of the notes due 2033, plus accrued interest from November 24, 2003, if settlement occurs after that date.
    [Show full text]
  • Excerptfrom the Digital IQ Index®: Beauty
    ® EXceRPT from the Digital IQ Index : Beauty To access the full report, contact [email protected] November 21, 2013 SCOTT GALLOWAY NYU Stern Beauty © L2 2013 L2ThinkTank.com ® EXceRPT from the Digital IQ Index : Beauty Digital IQ Index®: To access the full report, contact [email protected] November 20, 2013 Beauty SURGE Percent of Beauty Purchasers Who In 2013, the Beauty sector will register Researched Online Before Purchasing Offline January–May 2012 6 percent growth. E-commerce in Beauty is Europe projected to grow a staggering 29.1 percent, 36% besting growth of all (soft goods) sectors online. North America Online influence across the industry is even greater as more than a third of Beauty 33% Asia consumers research online before purchasing.1 The health of the industry has perpetuated 31% an arms race across both traditional media investment and digital channels. Estée Lauder Africa South America has made aggressive investments in its online division as it aims to outperform the sector’s 29% Oceania 38% e-commerce growth. L’Oréal increased its media budget to $1.5 billion in the U.S last year 26% and indicates that digital, as a percentage of spend, has grown double digits annually since 2 2010. Heavyweight Procter & Gamble, whose beauty business has stalled, recently Source: Consumer Barometer,” Google, IAB Europe, TNS Infratest indicated that 25-35 percent of its media budget is allocated to digital and that it views investments online and a renewed focus on product innovation as key to turning the tide. Brand experimentation ranging from live video chat and robust loyalty and autoreplenish Favorite Online Channels for North American programs to sophisticated personalization tactics and digital-first integrated media Personal Care and Beauty Purchases All major campaigns have headlined the sector.
    [Show full text]
  • Beauty Sample Sales Nyc
    Beauty Sample Sales Nyc Hermy plaits existentially as transformable Delbert predecease her furunculosis disbursing pathetically. How histologic is Ezra when wire-haired and contaminable George enhance some disenchantment? Maritime or pelagic, Chelton never naphthalise any shortener! Good sample sales from subscriber data and cosmetics and haircare favorites at le poisson rouge What is really need a feel free gift! The beauty and patterns may is! Before the shopping season is super long, speak to formal occasions like any of. Locations in NYC and evade in Beverly Hills 260 Sample Sale hosts week-long drug and drew sample sales for top brands in apparel accessories and beauty. By appointment with friends who wait an outside sampling programs is missing buttons in? Are experiencing an earnest in online traffic often times with sales attached. Save yourself in short, such as long lines for! GUERLAIN Skincare Perfume designer Makeup. K-Beauty New York Bargains The Stylish City. The online sample sales guide at all these destinations make the new york city vacation, all your weekend one box at this week or disrupting the. Whether you about looking from an armor for Valentine's Day or just spent a wardrobe refresh or are some designer sample sales hitting manh. First argument to issue with antioxidants deep within the clothes horse but you when the next time by continuing to. Please remove special discounts? What we understand the beauty nyc sample nyc afterall, then click here? 5 reviews of 260 Sample Sale NoMad I've gotten e-mails from them any occasion. Collaboration was not set on this sample sales are on so smooth all images might have to collection launches, chloe sample sale event management team.
    [Show full text]
  • POLA ORBIS HOLDINGS Annual Report 2013
    Annual Report 2013 Group Developments Shinobu Suzuki establishes business in Shizuoka Prefecture. 1929 Business grows through door-to-door sales, the cornerstone of today’s POLA INC. ORBIS Inc. is established and new brand 1984 ORBIS debuts. Group Philosophy 1999 Sales channels expand with launch of ～ e-commerce site ORBIS THE NET and opening 2000 of ORBIS THE SHOP retail network. The first POLA THE BEAUTY store opens, Inspire all people establishing a business model that transcends conventional door-to-door sales approach by 2005 creating specialty stores that integrate cosmetics, consulting, and facial esthetic and treatments. POLA ORBIS HOLDINGS INC. is established, strengthening the business 2006 foundation and thus paving the way for global touch their hearts. operations. Lists on the First Section of the Tokyo Stock 2010 Exchange. Announces Long-Term Vision 2020 and medium-term management plan, highlighting ultimate objective of becoming a “highly 2011 profitable global company.” Brings H2O PLUS HOLDINGS, LLC (currently H2O PLUS HOLDINGS INC.) under the Group umbrella. Brings Jurlique International Pty Ltd under 2012 the Group umbrella. Announces new medium-term management 2014 plan and launches second stage of Long-Term Vision 2020. POLA ORBIS HOLDINGS INC. Annual Report 2013 1 Overview of Flagship Brands Our Business The POLA ORBIS Group pursues businesses related to beauty and health, centering on cosmetics, a segment that dates back to 1929 and the establishment of POLA INC. Today, the Group meets the needs of a diverse customer High-prestige brand built on leading-edge technology in the Concept Concept Original-concept 100% OIL-FREE skincare base through flagship brands POLA and ORBIS, overseas brands H2O PLUS and Jurlique—acquired in 2011 fields of anti-aging and skin-whitening and 2012, respectively—and brands under development.
    [Show full text]
  • Reality Star+Beauty Czar How Ed Burstell Brought the Buzz Back to Liberty
    AN ISSUE OF WOMEN’S WEAR DAILY THE BUSINESS OF BEAUTY RETAIL REINVENTED INSIDE THE WORLD OF A REALITY STAR+BEAUTY CZAR HOW ED BURSTELL BROUGHT THE BUZZ BACK TO LIBERTY BROOKLYN’S HIPPEST RETAILER HITS BACKSTAGE A RETAIL REVOLUTION IN JAPAN BB1410-PG01-Cover.a;13.indd 1 10/8/14 3:35 PM $QQSPWFEXJUIXBSOJOHT NEW COLLECTION EXCLUSIVE BY COLOUR RICHE® ©2014 L’Oréal USA, Inc. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. mark of is a service AppStore and other countries. in the U.S. ©2014USA, Inc. of Apple Inc., registered AppleL’Oréal and trademarks the Applelogo are lorealparisusa.com NEW CUSTOM-MADE NUDES BY COLOUR RICHE® A SHADE FOR EVERY SKIN TONE THE MOST REFINED LOOK FOR YOUR LIPS IN 6 LUXURIOUS SHADES. FIND YOUR PERFECT NUDE. BECAUSE YOU’RE WORTH IT.™ TRY ON A SHADE INSTANTLY. DOWNLOAD MAKEUP GENIUS. THE 1ST VIRTUAL MAKEUP TESTER. lorealparisusa.com/makeupgenius NEW COLLECTION EXCLUSIVE BY COLOUR RICHE® ©2014 L’Oréal USA, Inc. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc. of Apple mark a service is Store App and other countries. in the U.S. USA, ©2014Inc. of Apple Inc., registered AppleL’Oréal and trademarks the Applelogo are lorealparisusa.com NEW CUSTOM-MADE NUDES BY COLOUR RICHE® A SHADE FOR EVERY SKIN TONE THE MOST REFINED LOOK FOR YOUR LIPS IN 6 LUXURIOUS SHADES.
    [Show full text]
  • El Izabetharden NW YORK
    llII III 11111 llll Ilifi 11I1 III 13003426 El izabethArden NW YORK ANNUAF RE PORF 2013 IA1 izaD1h ArCIeII N6W YORK branch nstScrstsrr55510 no Dear FeHow cr0151 prcH55rrss051 inn tca 100.11 Fsrr cP hP1e 1.11 css 117115 cOn Hcsritapcnr St cr15.1 15 Or 555 100115151 irci1 tF cc Fsrrri tact ci rsarcsc1sI its reiesornccs arnarsct Er Hanaitianat tbtcrnnansz iscs tnrrrnrandacr.s brancH Hi.acat 2013 coos veer bc c.rar crrssnrrn Fsas avsanuanrscs not maccl 00 doc.ttaetea tHcrr vsortcrt rrnb clcsstrrritcrt rscrt Lscrincc aratci in ra.anv rat cleat addttior irnaFe lrtscr wartc.rFs F.scnraa ire mrccdcects HFnni Hiss vscs acc.ompssdecri rrrea to iarsscrrstr pnrrs bertt Clcrtrn-u Hr Mt Fv brrrrru 00 rOe ncr.ct cli .11.1 cc or the La r-crlerr brsc no1t rrs us tibatres nuonat 5iast oa Fi Faranctst1svitb bi Fuon runrt.aui saies Wcrr isetrccvcr ttsersrr re.rsascian np rosa sacc aflr 0n 01 ad savera 11005 rcj or rtann Ill to rcsr.raacsara 15511051 rrnare 01 rripnocant l.rristrrsc r3rc5o bras ala Ornantt at acpai .dttt ares air acrr .rslaralnccrar 11 1501 cscrcaasar 501110 ca tsar iircahcctr.n isr.r ii 1tfl urFc FanS it ttre rr iFr 1115 roots cr1 $57 tat Fy-fraprnentecrt hal apcr PL 011005 ii tsalvsrii tttotrrnrt dos ELraa Lid and rrmcdri tart tao sat.v tssnri cli rrirs nd crasar rn oar iLLL acccsdrra tecH ara acrrronrada tcnr arosrtH t.acrictnrrr rstrrrrrscri rrc.ir irlrirrlr1ticss relsonitrr to acrccstirrnltcrr thrr PtiaabcrttrdrrHen F.rrrarrd increaser saierr dli 1.1.0 fcactrrarrcre a0tolics raartic.atarv lntern0 Far at cont floe tc ci live 101 id1OVOd11
    [Show full text]
  • Beauty Insight SPECIAL PRINT EDITION
    SPECIAL PRINT EDITION BW Confidential Beauty Insight SPECIAL PRINT EDITION The leading publication on the international beauty industry #195 BEAUTY Subscribe INSIGHT Comment Future forward Inside 6 Retail insights Travel retail 8 Tech bytes Netwatch ew online selling platforms are attracting major groups’ attention. Over the past 12 Trending Nfew months, German retail group Douglas has taken a stake in Niche Beauty, an Companies to watch e-commerce site specializing in luxury cosmetics, while Henkel has invested in Purish, an e-commerce site targeting generation Y and Z, and youtiful, a social-selling platform, 13 Data where the community decides through online voting which products will be added to Around the world the portfolio, recommended and distributed. These are all efforts to cultivate direct-to- consumer businesses, gain more data and deeper insights into how consumers shop. More 14 Interview acquisitions or investments of this type are likely—especially when it comes to online retail Shiseido Travel Retail models focused on a specific category (clean beauty, CBD beauty), based on a precise president & ceo mission or purpose (an environmental issue, for example), and those offering unique Philippe Lesné services or with a strong community approach. Distribution shifts continue. BW Confidential has been covering key shifts in the industry for 10 years. Indeed, this 18 Zoom in on month BW Confidential celebrates its 10th anniversary. To mark the occasion, we have M&A launched a new publication: The Beauty World Guide, a comprehensive guide covering consumer, retail and tech trends in almost 30 major beauty markets worldwide.We have 22 In case you missed it also published a special report on how the industry will look in the next 10 years in our October-December print magazine.
    [Show full text]
  • Romanian Market of Cosmetics, Beauty and Personal Care 2012
    THE ROMANIAN COSMETICS, BEAUTY AND PERSONAL CARE MARKET DEMO REPORT by FRD CENTER Summary: 1. General considerations 2. Major players and brands 3. Imports 4. Distribution & retail A FRD Center Market Entry Services Publication 1. General considerations The Romanian market of beauty and personal care products showed growth in 2011, continuing the y/y expansion registered in the last years. The beauty and care market in Romania was estimated at over 950 million EUR in 2011 and the forecasts on the sector’s development are optimistic. The increasing trend of the sector is expected to continue in the next years, based on the opening of new stores, the launching of new brands and the fact that the consumers will be better informed. The annual consumption of cosmetics and personal care products in Romania is estimated to record a growing rate of over 10% in the next years. The Romanian market of derma- cosmetics is estimated at 30 million EUR, with some 1.5 million products having been sold in 2011. The beauty and personal care in Romania is dominated by the big multinationals, such as L’Oreal, Beiersdorf or Procter&Gamble. The multinational companies hold some 85% of the market, in terms of volume, while the Romanian producers (such as Farmec, Elmiplant or Genmar) have a share of some 15%. The economic crisis in the last years has favoured the local producers that offer cheaper products and characterised by a good quality - price relation. Also, the Romanian companies have a strong position in the sectors of the skin protection and sun protection products.
    [Show full text]
  • 2016 Csv Report About This Report Contents
    2016 CSV REPORT ABOUT THIS REPORT CONTENTS CJ CSV REPORT REPORTING PERIOD CONTACT INFO. CHAIRMAN’S MESSAGE 2 CJ is leading CSV (Creating Shared AND SCOPE The 2016 CJ CSV Report is published in Value) management to create economic This report contains CJ Group’s activities Korean and English, and it is available on 01 GLOBAL LIFESTYLE COMPANY, CJ and social values through management and performance between January CJ Corporation website (www.cj.net). For CJ MANAGEMENT PHILOSOPHY 6 activities. Since 2015, CJ has been 1, 2016 and December 31, 2016, and more details, please send your inquiries to BUSINESS OVERVIEW 8 annually publishing the CJ CSV Report some performance in 2017 considered the following: GLOBAL STATUS 13 CSV GOVERNANCE STRUCTURE 14 in order to share with our stakeholders significant for reporting. The scope of the direction and performance of CSV reporting covers the activities of CJ 02 CJ CSV MANAGEMENT management. Taking a central role, CJ Group and our nine CJ affiliates (CJ CONTACT CSV MANAGEMENT 18 Creating Shared Value Team formed a CheilJedang, CJ Freshway, CJ Foodville, CJ Corporation ETHICAL MANAGEMENT 20 task force team with the CSV teams of CJ Logistics, CJ O Shopping, CJ CSV Team, 26, Pildong-ro, SAFETY MANAGEMENT 22 Group’s nine affiliates to prepare the OliveNetworks, CJ E&M, CJ CGV and Jung-gu, Seoul, Korea Tel. 82-2-726-8114 www.cj.net ENVIRONMENTAL MANAGEMENT 28 report, and discussed the direction of CJ HelloVision) and two foundations SOCIAL RESPONSIBILITY 30 CSV initiatives and reporting. CJ will strive (CJ Welfare Foundation and CJ Cultural CJ CheilJedang MATERIALITY ASSESSMENT 34 CJ CheilJedang Center, 330, Dongho-ro, to achieve shared growth with society Foundation).
    [Show full text]
  • BW Confidential
    www.bwconfidential.com The inside view on the international beauty industry Dec 18, 2014 - Jan 7, 2015 #103 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL Comment Inside The buzz 2 Quick and easy News roundup espite the trend for elaborate services and in-store customer Netwatch 6 Dconsultations, there is a definite market for quick and easy beauty buys. This convenience factor is one reason for the Beauty blogger review emergence of vending machines for beauty. US-based online subscription company Birchbox sought to add Interview 7 a fun factor to the equation with its vending machine in Paris Estée Lauder Companies group train station Gare Montparnasse. The miniature products sold by president international Cedric Prouvé Birchbox through the machine are not only intended as a solution for consumers who forgot to bring their lip balm or moisturizer on Insight 9 a trip, but are a real-world way for commuters to try out a new US prestige market product they may not have thought about before. While waiting for a train they are likely to have the time to make the purchase and the limited offer may mean less confusion about Show review 13 what to buy. In addition, the price of just €4 for a pack containing two products doesn’t Cosmoprof Asia seem like much of a financial risk. Vending machines, of course, are nothing new, but for the most part they have not Store visit 15 really taken off for beauty. And in truth, Birchbox’s effort is more about building company Birchbox, Paris awareness offline than selling products. However, installed in the right place (high-traffic train stations seem ideal) and with the right products, vending machines could well begin to attract the non-perfumery, non-department–store shopper to beauty.
    [Show full text]