Cosmetic News Weekly
Total Page:16
File Type:pdf, Size:1020Kb
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. Later in turned its attention to strengthening the the year it added to its retail portfolio position of its Za brand in India’s premium SUPPLIERS with the acquisition of Japanese direct skin care market. It plans to sell the brand Lab-grown epidermis may marketing company Everlife. But this year through 250 outlets by the end of the year. offer testing alternative it has its eyes on bigger fish as it Meanwhile, Indian consumer products page 7 considers making a bid for Elizabeth company Godrej has its eyes on Arden. Further news on that deal is opportunities in the African hair care RETAIL expected soon. market. It has made four acquisitions in the Julep Beauty introduces the Meanwhile, TheFaceShop is building last five years, putting it in a position to first customisable beauty box its presence in the Russian market with its compete with major western companies page 8 first shop in the country due to open in with brands such as Inecto, Renew, Tura June. The company plans to have opened and Darling. The company said its pan- PRODUCT ten TheFaceShop stores in Russia by 2017. African personal care product business has Jeanne en Provence’s Pivoine Korea’s number one cosmetics firm been growing by 15% annually. Féérie scents Mother's Day AmorePacific saw its export sales shoot up It is clear that Asian brands are making page 9 49% year on year for the first quarter of their mark on the world of cosmetics. And, 2014. Already thriving in China, the brand as the alphabet creams and other trends SPOTLIGHT has firmly set its sights on strengthening begin to stale, Asian innovations such as The dichotomous consumer: its mark further afield with its Laneige multi-step rituals and anti-pollution claims appealing to diverging needs premium skin care brand. Already sold in will start to gain ground and provide page 12 400 Target stores in the US, AmorePacific inspiration worldwide. plans to up the number of Target doors to Kathleen Armstrong 1 • CosmeticNews Weekly No600/May 19 2014 • www.cosmeticsbusiness.com People Following the acquisition of Decléor and logistics and supply chain management at CosmeticNews Weekly Carita brands by L’Oréal, Delphine various retail companies. Viguier-Hovasse has been appointed HPCi Media Limited General Manager of Decléor and Carita has announced that Unit 1, Vogans Mill Wharf, 17 Mill Street, Parfums Givenchy London SE1 2BZ, UK International. The company said Viguier- Grammy Award-winning artist Alicia Keys +44 20 7193 1279 Hovasse had had “a remarkably is to become a future face of the brand. [email protected] successful career and has demonstrated Global President Thierry Maman said: Acting Editor entrepreneurial and brand development “Alicia is a remarkable woman whose Kathleen Armstrong qualities throughout her 17 years in the charismatic personality and magnetic +44 20 7193 8184 group”. The Decléor and Carita business beauty are perfectly in line with what [email protected] Reporter in the UK will continue to be led by Givenchy has always been: noble, Georgia Seago Carolyn Taylor, Managing Director of distinctive and unexpected. We very +44 20 7617 7114 Decléor (UK) Limited. She will report to much look forward to working with her on [email protected] Kenneth Campbell, Managing Director of an exciting new perfume project.” Layout Sub-editor Ross Murdoch L’Oréal’s Professional Products Division Keys added: “Givenchy has long been [email protected] UK&I. In Spain, Ainhoa Aramburu has one of the world’s most iconic luxury been appointed as CEO of Decléor and fashion houses, and a personal favourite Correspondents: Carita for L’Oréal España. Aramburu is of mine. I’m honoured to introduce the Argentina Muireann Prendergast Australia & New Zealand Sarah de Castro also CEO of Kérastase and Shuemura Art world to the newest scent by Givenchy.” Brazil Sueli Ortega of Hair. She has worked for L’Oréal España Givenchy’s campaign featuring Alicia Canada Marjo Johne since July 2000. Keys will be unveiled in September 2014. China Keith Crane France Patricia Mansfield-Devine Germany Annie Kruse Dr May Shana’a has been appointed BRAND AMBASSADORS India Chitra Gopalak Head of Beiersdorf Skin Research for Italy Corinne Blanché Japan David Kilburn Beiersdorf. She will replace Professor Coty has announced that Georgia May Russia Eugene Gerden Klaus-Peter Wittern who is retiring on 1 Jagger, supermodel and face of Coty’s South Africa Bambina Wise October. Shana’a, has more than 26 years colour cosmetics brand Rimmel and Spain Lola Gavarrón UK Imogen Matthews of expertise in the management of global fragrance brand Just Cavalli, has been US - East Coast Laura Klepacki R&D organisations of multinational appointed as the first Coty Global US - West Coast Kavita Daswani companies, most recently at Ashland Ambassador in the fight against blood Travel Retail Kevin Rozario Specialty Ingredients. cancer. Coty is founding corporate US Sales Manager “We are very happy that we could win sponsor of Delete Blood Cancer-DKMS, Suzi Richardson over Dr Shana’a to Beiersdorf. With her the world’s largest bone-marrow-donor- +1 305 461 0861 [email protected] vast wealth of experience in global R&D registration centre. As the Coty Global Managing Director management she will advance product Ambassador, Jagger will serve as a Colin Bailey-Wood innovations and give further stimulus to spokesperson for the cause and help +44 20 7193 6066 [email protected] the regional focus already started in our support Delete Blood Cancer. Chairman Research & Development,” commented Michael Harrington Board Member Ralph Gusko, Brands. Yves Saint Laurent Beauté has +44 20 7193 1092 appointed British model Edie Campbell [email protected] www.cosmeticsbusiness.com Global packaging company Clondalkin as brand ambassadress for its new Group has appointed Mark White as fragrance Black Opium. Named Model of Subscriptions +44 20 7193 1279 Managing Director and Peter Richardson the Year at the 2013 British Fashion [email protected] as Sales Director of its UK Carton and Awards, Campbell will be seen from this one year subscription: US$1,585/a1,250/£990 two year subscription: US$2,800/a2,250/£1,780 Label business. White has been with the summer in a Black Opium TV campaign company for a number of years and held directed by Daniel Wolfe. various senior management positions in “Edie embodies all the contemporary CosmeticNews Weekly the UK and Europe. Richardson has 25 codes of the Yves Saint Laurent Beauté CosmeticNews Weekly no600 19 May 2014 years’ experience working in the woman: elegant, cultivated, spirited, she is Articles published in this newsletter may only be reproduced with packaging industry. a model with attitude,” said Stephan Bezy, permission. The publisher accepts no responsibility for any statements made in signed contributions or in those reproduced International General Manager of Yves from any other source. ISSN 1953-0633 Global luxury lifestyle brand Michael Saint Laurent Beauté. Campbell added: Kors Holdings has appointed Cathy “Yves Saint Laurent brand’s modern vision HPCi Marie Robinson as Senior Vice of beauty is very inspiring and I am media President, Global Operations. Robinson particularly proud to represent such an has 24 years’ experience in operations, audacious archetype of woman.” 2 • CosmeticNews Weekly No600/May 19 2014 • www.cosmeticsbusiness.com Business CD&R acquires Mauser Group German industrial packaging company Mauser Group is to be acquired by the Global Cosmed to expand private equity firm Clayton, Dubilier & Rice (CD&R) in a transaction valued at olish cosmetics manufacturer Global Cosmed is planning to expand its approximately u1.2 bn. CD&R Operating production facility in Radom, in the country’s central region. The investment is Partner Vindi Banga, former member of the Pestimated to be worth over 20m Polish zloty (US$6.6m), the company said in a Unilever Executive Board, will assume the statement. Under the plan, Global Cosmed will take on 30 new employees at the role of Chairman of the Mauser Supervisory factory. Its investment will allow it to double the plant’s output and improve the Board at the close of the transaction, effectiveness of the production processes, the statement said.