DOCSLIB.ORG

BW Confidential Place in Istanbul, Turkey from April 30 to May 2, 2015, Is Forecasting a 25% Increase 4 Avenue De La Marne in Exhibitor and Visitor Numbers

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
BW Confidential Place in Istanbul, Turkey from April 30 to May 2, 2015, Is Forecasting a 25% Increase 4 Avenue De La Marne in Exhibitor and Visitor Numbers www.bwconfidential.com The inside view on the international beauty industry December 4-17, 2014 #102 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL Comment Inside The buzz 2 Criss-cross beauty News roundup ust as more beauty brands are opening standalone Netwatch 6 Jstores, retailers are taking more interest in widening their own-brand offer. And this is not only in the form Beauty blogger review of traditional private-label products. Through its private- label product development division Kendo, LVMH-owned Interview 7 Sephora has developed a string of brands that are not L’Occitane md travel retail under the retailer’s own name, such as Formula X nail worldwide Marcin Jasiak polish and Kat Von D (meaning the customer doesn’t know she is getting a store brand). Kendo also just Insight 9 announced that it would acquire Canada-based make-up Canada’s prestige market brand Bite Beauty. (LVMH also noted Kendo has been spun off from Sephora and that it is now a separate entity at the group.) Another example is UK-based Show review 13 retailer Alliance Boots, which has just acquired British skincare brand Soap & LuxePack Monaco Glory. Boots had taken a minority share in the brand in 2011. All this is, of course, in a bid to ensure a more exclusive offer and drive Store visit 15 consumers into the store, as well as achieve better margins. However, suppliers The Body Shop, Brazil that have already complained about retailers like Sephora for what they see as prioritizing LVMH brands and Sephora own brands over others, are unlikely to be happy if more stores look to fill up their shelves with their own products. Oonagh Phillips Editor in Chief [email protected] Subscribe on p.17 or go to www.bwconfidential.com News roundup At a glance... n L’Oréal and Nestlé to close Innéov business n Alliance Boots buys Soap & Glory The buzz n P&G considering sale of Wella n Avon reorganizes Latin America management team Stay informed with our daily news headlines on www.bwconfidential.com Strategy L’Oréal has announced that it is terminating its cosmetic supplement brand Innéov, a joint venture it operates with Nestlé. “The brand has not met the development [goals] expected by both partners,” the companies said in a statement. Innéov is part of L’Oréal’s Active Cosmetics division. The brand launched in 2002 and is distributed in the pharmacy channel in around 13 countries in Europe as well as in Brazil and Mexico. Innéov reported sales of €52m in 2013. The joint venture will shut down in the first quarter of 2015. L’Oréal and Nestlé say they will keep the research benefits from Innéov and its intellectual property for future applications. The two groups state that they are reviewing employment opportunities for Innéov employees. UK-based Alliance Boots has acquired British brand Soap & Glory, founded by beauty executive Marcia Kilgore in 2006. The brand has been sold in Boots since its launch, and Alliance Boots became a minority shareholder in the company in 2011. Soap & Glory’s offer includes skincare, bath and body products and make-up. It will operate as a standalone brand within Alliance Boots’ Global Brands division, which is managed by Ken Murphy, executive vice president of Walgreens Boots Alliance and president of Global Brands. Soap & Glory is currently sold in the US and Canada, Europe, Asia and the Middle East. P&G is said to be looking to sell off its Wella brand, according to news agency Reuters. The consumer-goods group acquired the haircare brand in 2003. Industry sources say Wella is estimated to be worth around $7bn. In August, P&G announced that it would shed 90 to 100 brands over the next two years in order to focus on its most strategic product lines. In October, it sold off its Duracell battery business, which it had acquired in 2005 as part of the acquisition of Gillette, to holding company Berkshire Hathaway. The Shiseido brand is looking to sharpen its profile, widen its customer base and become a true three-axe player in Europe. The first step in this strategy was the launch of Ultimune skincare in September, which was based on stimulating the skin’s immune system. The company said the launch has succeeded in recruiting new consumers to the brand, which was a key objective. Shiseido plans to continue to invest strongly behind Ultimune with €10m earmarked for media spend for the product in Europe in n n n www.bwconfidential.com - December 4-17, 2014 #102 - Page 2 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL n n n News roundup n n n 2015. The brand will also add an eye product to the Ultimune line-up in the second half of next year. In terms of its three-axe strategy, the group is looking to build its position in fragrance, with a major new Shiseido scent slated to launch in the second half of 2015. “The The buzz launch of a fragrance will inject more femininity and emotion into the brand, which is what we were lacking. Fragrance will give the brand a new dimension and is a strong opportunity to bring more consumers to Shiseido,” explains Shiseido Europe vice president marketing and communication Florian Hanhausen. As for make-up, the brand is currently revamping its color range to give it a more modern positioning. The reworking of the line involves new product development, a rethink of its marketing visuals and a focus on star products. “The make-up category has undergone a lot of change over the years, with new brands coming into the market. We need to be more dynamic in this category, sharpen our image and define our unique selling point,” comments Hanhausen. The first major new launch in the reworked line will be a mascara, which will hit shelves in Europe in July next year. As a result of these efforts, Shiseido hopes that make-up will account for 25% of its business in Europe by 2020 (up from under 20% today), while fragrance will represent 10-15% of sales. In other news, the Shiseido group has appointed Shigeru Takano as president and director of Shiseido China. Takano is currently gm of the company’s Asia Pacific Sales Department and gm of its Masstige Business Development Unit, International Business Division. Current senior manager of Asia Pacific Sales Department and Masstige Business Development Unit, International Business Division Tatsuya Nagai will replace Takano in his previous role. Toshihiko Okabe, deputy gm China Business Planning Department, China Business Division, has been named gm of the department. All appointments go into effect on January 1, 2015. Retail US department-store retailer Saks Fifth Avenue has opened a new space devoted to beauty services at its flagship New York City location on Fifth Avenue. Called Beauty on 5, the area is located on the store’s fifth floor amid trendy contemporary fashion brands. Beauty on 5 features a nail bar by UK brand Nails Inc offering manicures, a Blink brow bar for brow shaping services and a Trish McEvoy make-up station that provides either touch-ups or full makeovers. In August, Saks opened The Fragrance Library at the store, a fragrance concept devoted to designer fragrance brands. Niche fragrance brand Kilian opened its first boutique in Paris late November. Located on rue Cambon, just off the city’s premium shopping street rue St Honoré, this is the brand’s third standalone store after Moscow and New York. Covering 55m2 (592ft2), the store was designed by interior decorator Chahan Minassian, who was also behind the décor of Kilian’s other two stores. The Paris boutique blends decorative elements from the Art Deco period and features black and white décor with touches of gold. n n n www.bwconfidential.com - December 4-17, 2014 #102 - Page 3 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL News roundup n n n The flooring is made of black marble and the furnishings, designed by Minassian, are inspired by 1920s design. Different areas in the store are personalized to reflect the brand’s fragrance collections: L’Oeuvre Noire, Arabian Nights, Asian Tales, In the Garden of Good and The buzz Evil and Addictive State of Mind. Customers can sample fragrances in the seated area at the back of the store. In addition to the brand’s offer, the boutique features exclusive collections, including the scented jewelry line, Kilian’s range of small clutches and Noir Aphrodisiaque, a new fragrance to launch in January 2015. People US-based Avon has reorganized its Latin America management team as part of its turnaround plan. Avon’s Latin America management will now be divided between two of the company’s executives. David Legher, currently svp and president of Avon Brazil, will assume additional responsibility for the South Market Group (Argentina, Chile and Uruguay). Legher will report to ceo Sheri McCoy and join Avon’s executive committee. Fernando Acosta, currently svp and president Latin America, will retain responsibility for North Latin America and the Andean cluster. McCoy said that Latin America is Avon’s largest region, representing more than half of its annual sales, and that driving growth there is a top priority. Acosta will also become head of global brand marketing. Patricia Perez-Ayala, currently svp chief marketing officer and global brand and category president, is to leave the company in January 2015. Avon announced that John Higson, currently svp and president Europe Middle East, Africa, will take on an expanded role as head of global field operations. The company also announced additional moves as part of its $400m cost-cutting program, which will include more job cuts and contract terminations.
Load more

Recommended publications
  • Psychological Scene Gist and the Perception of Sustainable Business Models Via Digital Media Audit
    University of Arkansas, Fayetteville ScholarWorks@UARK Marketing Undergraduate Honors Theses Marketing 5-2021 Psychological Scene Gist and the Perception of Sustainable Business Models via Digital Media Audit Shelby Hansen Follow this and additional works at: https://scholarworks.uark.edu/mktguht Part of the Advertising and Promotion Management Commons, Business Administration, Management, and Operations Commons, Communication Technology and New Media Commons, Fashion Business Commons, Health Communication Commons, and the Social Media Commons Citation Hansen, S. (2021). Psychological Scene Gist and the Perception of Sustainable Business Models via Digital Media Audit. Marketing Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/mktguht/44 This Thesis is brought to you for free and open access by the Marketing at ScholarWorks@UARK. It has been accepted for inclusion in Marketing Undergraduate Honors Theses by an authorized administrator of ScholarWorks@UARK. For more information, please contact [email protected]. Psychological Scene Gist and the Perception of Sustainable Business Models via Digital Media Audit by Shelby R. Hansen Advisor: Dr. Molly Rapert An Honors Thesis in partial fulfillment of the requirements for the degree Bachelor of Science in Business Administration in Finance and Marketing. This research was supported through funding provided by the University of Arkansas Honors College. Sam M. Walton College of Business University of Arkansas Fayetteville, Arkansas May 8, 2021 1 INTRODUCTION The technology space is giving rise to new business models that impact how we interact with companies, the causes we are interested in, and even our perception of how we process information. Within those contexts, I will be using the psychological concept of scene gist to explore the sustainable business model of clean beauty and investigate the technological ways that these companies interact with Gen Z consumers via social media.
    [Show full text]
  • Sophie Turner Sophie 2020 April
    ELLE APRIL 2020 SOPHIE TURNER APR SOPHIE TURNER A LETTER ON LOVE, FROM FAME, AND THE GRETA GROWING THUNBERG JONAS FAMILY WHY JANE FONDASPENT THE NIGHT IN JAIL THIS YEAR’S GREEN BEAUTY STARS $5.99 ELLE.COM ELLENESS Beauty Promising? Perhaps. But if you ask many chemists and prod- to the safety of cosmetic products,” says Janet Nudelman, direc- uct creators about these developments, you may not hear a sigh tor of the Campaign for Safe Cosmetics, which is sponsoring the The Dirty Truth of relief. “I roll my eyes every time someone wants to create a two bills in California. new brand and the first thing out of their mouth is ‘clean,’ ” says Think about formaldehyde, flagged as a possible human developer Tamar Lara Kamen, who has worked with companies carcinogen by the National Toxicology Program in 1981; it’s still With escalating concerns about the chemicals in such as Estée Lauder and Peter Thomas Roth. “I truly do not be- allowed in hair-straightening treatments. Or triclosan, found to everyday beauty products, a battle is raging online and, lieve that topical skin care can be dangerous systemically.” When potentially cause tumors, which was a commonplace antibac- now, in DC. Martha McCully investigates. asked about research linking ingredients like parabens and terial ingredient until it was banned from liquid soap in 2016 phthalates to hormone disruption and even cancer, Kamen says (though it may still be in your toothpaste). That’s not to say that the test doses are at levels “disproportionate to what you would all synthetics are bad and all natural ingredients are entirely put on your face.” In other words, it’s the dose that makes the safe—some essential oils can burn the skin, and asbestos is a nat- poison.
    [Show full text]
  • The Future of Luxury: Capital of Creation
    1 Running head: THE FUTURE OF LUXURY: CAPITAL OF CREATION THE FUTURE OF LUXURY: CAPITAL OF CREATION Rachel Ball (L’Oreal), Amanda Bopp (dunnhumby), Julie Conlon (Unilever), Hannah DeBoer (Firmenich), Juliana Hendershot (Chanel), Sonya Lucki (Estee Lauder Companies), Priyanka Malhotra (Unilever), Catherine Velazquez (Givaudan) Cosmetics Marketing and Management Master’s Degree Program School of Graduate Studies Fashion Institute of Technology State University of New York This 2015 Capstone research paper is the work of graduate students, and any reproduction or use of this material requires written permission from the FIT CFMM Master's Degree Program. 2 THE FUTURE OF LUXURY: CAPITAL OF CREATION ABSTRACT The future of the global luxury flagship is at a crossroads, facing significant challenges from all ends. With e-commerce growth significantly outpacing brick-and-mortar, millennial customers are spending a staggering number of hours on social media, all while preferring to spend money on experiences versus products — what will the role of brick-and-mortar be in a brands go-to- market strategy. How will brands utilize this space and make it productive? Will it even be needed? According to Boston Consulting Group, in the past, 60% of luxury growth came from retail expansion while in the upcoming decade, it is predicted that only 35% of growth will come from retail expansion, leaving the remaining 65% to come from organic growth. The brick-and- mortar store must therefore evolve its productivity and attractiveness to its customers. Our research has shown that not only will brick-and-mortar remain an integral part of a brand’s retail strategy, but it will also be at the heart of the brand’s relationship with the customer.
    [Show full text]
  • 2018 Annual Financial Report 1 01 VA V2 24/06/2019 15:19 Page2
    01_VA_V2 24/06/2019 15:19 PageI Translation of the French “Rapport financier annuel” Fiscal year ended December 31, 2018 01_VA_V2 24/06/2019 15:19 PageII 01_VA_V2 24/06/2019 15:19 Page1 Contents Management Report of the Board of Directors – Financière Agache group 3 1. The Financière Agache business model 3 2. Business overview, highlights and outlook 7 3. Business and financial review 27 4. Ethics and responsibility 43 5. Environment and sustainability 69 6. Attracting and retaining talent 85 7. Corporate philanthropy 101 8. Financial and operational risk management and internal control 107 Management Report of the Board of Directors – Financière Agache SA 121 1. Results of Financière Agache SA 122 2. Information regarding the Company’s share capital 123 3. Membership of the Board of Directors 123 Board of Directors’ report on corporate governance 125 1. List of all corporate offices and positions held by company officers 126 2. Summary of existing delegations and financial authorizations and use made of them 128 3. Authorizations proposed at the Shareholders’ Meeting 129 4. Information on the related- party agreements covered by Article L. 225- 37- 4 2° of the French Commercial Code 129 Consolidated financial statements 131 1. Consolidated income statement 132 2. Consolidated statement of comprehensive gains and losses 133 3. Consolidated balance sheet 134 4. Consolidated statement of changes in equity 135 5. Consolidated cash flow statement 136 6. Notes to the consolidated financial statements 138 7. Statutory Auditors’ report on the consolidated financial statements 202 Parent company financial statements: Financière Agache 207 1. Balance sheet 208 2.
    [Show full text]
  • BW Confidential Team At
    www.bwconfidential.com The inside view on the international beauty industry October 20 - November 2, 2016 #137 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL Comment Inside The buzz 2 The price of growth News roundup his week saw Coty make another acquisition, with the Netwatch 6 Tproposed purchase of hairstyling appliance brand ghd for $510m. The move was somewhat surprising, as it came just a Social media monitor few weeks after Coty closed the deal to take over P&G’s beauty brands. It was thought that Coty would take time to digest this Interview 7 deal (and also the acquisition of Brazil-based Hypermarcas, which Shiseido EMEA chief brand officer it made at the end of 2015) before moving on to its next target. for fragrance & president of The fact that the acquisition was in the professional haircare Fragrance Center of Excellence arena also raised some eyebrows. Ghd may sit well with Wella, Nathalie Helloin-Kamel which Coty took over as part of the P&G deal, but analysts insist that the US-based group has much to learn when it comes to the professional haircare Insight 9 segment, which is very different to fragrance and cosmetics. India What isn’t surprising, however, is that M&A continues apace. More M&A is set to be driven by an active start-up market, major groups looking to pick up the hottest new Show review 12 brand before their competitors do, the need for global groups to reinforce their presence Luxe Pack Monaco in key areas such as digital and among the millennials and also because some of the multinationals’ brands are not seeing the growth that they used to.
    [Show full text]
  • Makeup with BENEFITS Time-Strapped Consumers Want Maximum Results with Minimal Effort, Which Has Led to the Emergence of Products with Hybrid Features
    TREND REPORT: BEAUTY david vs GOLIATH A new way of doing business and how it is PAYING OFF IMAGE: GLOSSIER he omnipresence of digital, the on-demand economy and collaborative consumption have fundamentally Taltered consumer expectations. Tech startups have changed the way we move (Uber), eat (Seamless), and whether we buy or rent (Rent the Runway). Fast fashion disrupted production cycles, creating a ripple effect that forced the rest of the industry to completely reevaluate the number of collections, change their distribution models, and move to more consumer-centric timing. Until now, the beauty industry has lagged in disruption, but the indie players have instigated a revolution. Emerging players like Memebox, Frank Body, and Ipsy have gone from zero to multi-millions overnight. In 2016 alone (and the year is not over yet), beauty startups raised nearly $300 million in funding. With the changing pace of product innovation, increasing market fragmentation, and digital, it’s impossible to keep doing business the same old way. Airbrushed perfection is no longer synonymous with beauty ideals, the customer is a creator, and the rule breakers are getting rave reviews. The future is now. Is the beauty industry ready? OCTOBER 2016 changing PACE Over the past decade, fashion underwent a change not seen since the Industrial Revolution. Players like Zara, H&M, Everlane and Bonobos turned the business on its head, transforming the industry at it’s very core. In this era of immediacy, beauty is primed for rapid transformation. timing is EVERYTHING The pace of fast fashion has turned up the speed on the industry as a whole, and similar shifts are happening in beauty.
    [Show full text]
  • WWD Beauty Inc Top 100 Shows, China Has Been An
    a special edition of THE 2018 BEAUT Y TOP 100 Back on track how alex keith is driving growth at p&g Beauty 2.0 Mass MoveMent The Dynamo Propelling CVS’s Transformation all the Feels Skin Care’s Softer Side higher power The Perfumer Who Dresses the Pope BINC Cover_V2.indd 1 4/17/19 4:57 PM ©2019 L’Oréal USA, Inc. Beauty Inc Full-Page and Spread Template.indt 2 4/3/19 10:25 AM ©2019 L’Oréal USA, Inc. Beauty Inc Full-Page and Spread Template.indt 3 4/3/19 10:26 AM TABLE OF CONTENTS 22 Alex Keith shares her strategy for reigniting P&G’s beauty business. IN THIS ISSUE 18 The new feel- 08 Mass EffEct good facial From social-first brands to radical products. transparency, Maly Bernstein of CVS is leading the charge for change. 12 solar EclipsE Mineral-based sunscreens are all the rage for health-minded Millennials. 58 14 billion-Dollar Filippo Sorcinelli buzz practicing one Are sky-high valuations scaring away of his crafts. potential investors? 16 civil sErvicE Insights from a top seller at Bloomies. fEaTUrES Francia Rita 22 stanD anD DElivEr by 18 GEttinG EMotional Under the leadership of Alex Keith, P&G is Skin care’s new feel-good moment. back on track for driving singificant gains in its beauty business. Sorcinelli 20 thE sMEll tEst Lezzi; Our panel puts Dior’s Joy to the test. 29 thE WWD bEauty inc ON THE COvEr: Simone top 100 Alex Keith was by 58 rEnaissancE Man Who’s on top—and who’s not— photographed Meet Filippo Sorcinelli, music-maker, in WWD Beauty Inc’s 2018 ranking of by Simone Lezzi Keith photograph taker, perfumer—and the world’s 100 largest beauty companies exclusively for designer to the Pope and his entourage.
    [Show full text]
  • Jcpenney Celebrates 10 Years of Sephora Inside Jcpenney with Grand Opening of 60 New Locations
    JCPENNEY CELEBRATES 10 YEARS OF SEPHORA INSIDE JCPENNEY WITH GRAND OPENING OF 60 NEW LOCATIONS Sephora inside JCPenney debuts first flagship destination in Salinas, Calif. PLANO, Texas – (April 26, 2016) – JCPenney [NYSE: JCP] and visionary beauty retailer SEPHORA are celebrating 10 years of SEPHORA inside JCPenney with the grand opening of 60 new locations, including a new flagship opening this fall in Salinas, Calif. Showcasing a stunning beauty presentation of prestige cosmetics, skincare, fragrance, tools and accessory products, SEPHORA inside JCPenney is a center core attraction in more than half of the 1,000 JCPenney stores. One of the first collaborations of its kind, the exclusive partnership is credited with increasing revenue per customer and bringing the beauty of SEPHORA to new and high potential markets across the country. “When we first introduced a SEPHORA inside JCPenney in 2006, it was a revolutionary concept. JCPenney was one of the first department store retailers to forgo the traditional beauty counter and work with a global beauty brand to build a dynamic Sephora shop inside its stores,” said Angela Swanner, senior vice president for SEPHORA inside JCPenney. “Ten years and nearly 600 locations later, SEPHORA inside JCPenney has become a leading beauty destination that will continue to be a growth driver in 2016 and beyond.” Nearly half of the 60 new Sephora inside JCPenney locations will debut on April 29, with the majority to be open by June 17, presenting an opportunity to capture greater market share before the key back‐to‐ school and holiday shopping periods. When the Company introduces a Sephora inside JCPenney, customers respond favorably to having a best in class beauty experience available in their communities, which positively impacts the entire store’s revenue performance.
    [Show full text]
  • EXERCICE 2018 DOCUMENT DE RÉFÉRENCE 0 VF V4 27/03/2019 17:34 Pageii
    0_VF_V4 27/03/2019 17:34 PageI EXERCICE 2018 DOCUMENT DE RÉFÉRENCE 0_VF_V4 27/03/2019 17:34 PageII SOMMAIRE GÉNÉRAL HISTORIQUE 1 CHIFFRES CLÉS 2 ORGANES DE DIRECTION ET DE CONTRÔLE 5 ORGANIGRAMME SIMPLIFIÉ DU GROUPE AU 31 DÉCEMBRE 2018 6 RAPPORT DE GESTION DU CONSEIL D’ADMINISTRATION : LE GROUPE 9 MODÈLE ÉCONOMIQUE DE LVMH 9 PRÉSENTATION DES ACTIVITÉS, FAITS MARQUANTS ET PERSPECTIVES 13 COMMENTAIRES SUR LES RÉSULTATS ET LA SITUATION FINANCIÈRE CONSOLIDÉS 33 ÉTHIQUE ET RESPONSABILITÉ 45 ENVIRONNEMENT ET DURABILITÉ 69 TALENTS ET ATTRACTIVITÉ 85 SOLIDARITÉ ET MÉCÉNAT 97 GESTION DES RISQUES FINANCIERS ET OPÉRATIONNELS, CONTRÔLE INTERNE 103 RAPPORT DE GESTION DU CONSEIL D’ADMINISTRATION : LA SOCIÉTÉ LVMH 117 RAPPORT DU CONSEIL D’ADMINISTRATION SUR LE GOUVERNEMENT D’ENTREPRISE 129 ÉTATS FINANCIERS 169 COMPTES CONSOLIDÉS 169 COMPTES DE LA SOCIÉTÉ LVMH MOËT HENNESSY - LOUIS VUITTON 249 AUTRES INFORMATIONS 281 RENSEIGNEMENTS DE CARACTÈRE GÉNÉRAL CONCERNANT LA SOCIÉTÉ ET SON CAPITAL ; BOURSE 281 RESPONSABLE DU DOCUMENT DE RÉFÉRENCE ET POLITIQUE D’INFORMATION 291 TABLES DE CONCORDANCE 295 0_VF_V4 27/03/2019 17:34 Page1 HISTORIQUE Si l’histoire du groupe LVMH commence en 1987 lors du rapprochement de Moët Hennessy et Louis Vuitton, c’est au dix-huitième siècle, en Champagne, qu’il faut remonter pour retrouver ses racines, à l’époque où un certain Claude Moët décida de poursuivre l’œuvre de Dom Pérignon, contemporain de Louis XIV. Ou encore au dix- neuvième siècle, dans le Paris des fêtes impériales, quand Louis Vuitton, artisan malletier, inventa les bagages modernes. Aujourd’hui leader mondial du luxe, le groupe LVMH est le fruit d’alliances successives entre des entreprises qui, de génération en génération, ont su marier tradition d’excellence, passion créative, ouverture au monde et esprit de conquête.
    [Show full text]
  • BW Confidential BW
    www.bwconfidential.com The inside view on the international beauty industry Nov 20-Dec 3, 2014 #101 CONFIDENTIAL CONFIDENTIAL CONFIDENTIAL Comment Inside The buzz 2 Caution ahead News roundup ndustry executives are talking about the market in more Netwatch 6 Icautionary terms than at the beginning of the year. Estée Lauder Companies said that for its fiscal year it still Beauty blogger review expects the prestige market to grow by 3 to 4%, but that growth will probably be at the lower end of this range. Interview 7 Similarly, L’Oréal ceo Jean Paul Agon remarked that 2014 Bulgari perfume business unit has been the weakest year since 2008-2009, and he now managing director Valeria Manini predicts that the global beauty market will grow by 3% in 2014. L’Oréal had previously estimated that the market Insight 9 would see growth of between 3.5 and 4% this year. Industry viewpoint All this is not surprising given the market’s backdrop. Growth from Chinese and Russian travelers has slowed, political tensions in the Middle East and in Show review 14 Hong Kong have taken their toll on sales at some of the industry’s main players, TFWA World Exhibition currency in emerging markets has been volatile, while the economy in Europe remains sluggish. Store visit 19 But at the same time, since the crisis hit in 2008, brands have got used to Harrods Salon de Parfums working in an extremely uncertain environment and in a tough economy. And in a way, they have had much opportunity to test and fine-tune strategies tailored for low-growth markets.
    [Show full text]
  • In Bloom How Korea Is Changing the Global Beauty Dynamic
    AN ISSUE OF WOMEN’S WEAR DAILY THE BUSINESS OF BEAUTY RETAIL ORIENTED: THE RISE AND SHINE OF BRAND-OWNED BOUTIQUES IN BLOOM HOW KOREA IS CHANGING THE GLOBAL BEAUTY DYNAMIC BB1404-PG01-Cover.a;11.indd 1 3/10/14 3:52 PM WHAT IF YOUR MOST EXTRAORDINARY SKIN CARE WAS AN OIL? NEW INTENSELY NOURISHING, INCREDIBLE GLOW THE FIRST FACIAL OIL* A UNIQUE BEAUTY TREATMENT: – USE A FEW DROPS IN THE MORNING TO REVEAL A RADIANT GLOW – MASSAGE IN AT NIGHT – ULTRA-LIGHT, NON-GREASY – USE ALONE OR UNDER 8 ESSENTIAL OILS YOUR MOISTURIZER “MY SKIN DRINKS IT UP.” Julianne Moore Discover what over 3,000 women are saying about Glow Renewal at lorealparisusa.com/glow *In the current Mass Market (non-Department Stores). ©2014 L’Oréal USA, Inc. WHAT IF YOUR MOST EXTRAORDINARY SKIN CARE WAS AN OIL? NEW INTENSELY NOURISHING, INCREDIBLE GLOW THE FIRST FACIAL OIL* A UNIQUE BEAUTY TREATMENT: – USE A FEW DROPS IN THE MORNING TO REVEAL A RADIANT GLOW – MASSAGE IN AT NIGHT – ULTRA-LIGHT, NON-GREASY – USE ALONE OR UNDER 8 ESSENTIAL OILS YOUR MOISTURIZER “MY SKIN DRINKS IT UP.” Julianne Moore Discover what over 3,000 women are saying about Glow Renewal at lorealparisusa.com/glow *In the current Mass Market (non-Department Stores). ©2014 L’Oréal USA, Inc. 16 22 17 ave you noticed how revolutions These two Wall are happening faster and faster in Street shoppers In This Issue are bullish on the beauty industry? Think of the beauty. speed with which BB creams became 08 Pete Unplugged 20 Shopper Stalker entrenched in the market.
    [Show full text]
  • WHERE to BUY Ford Coat, Price Upon Request
    539 Dior jacket, $2,700, pants, $1,200, and earrings, $440. Page 540 Dior top (left), $2,800, skirt, $5,500, earrings, $440, shoes, $900, top (right), $1,750, and skirt, $2,900. Snow Angel Page 544 Roberto Cavalli coat, price upon request. Prada shoes, price upon request. Page 545 Tom WHERE TO BUY Ford coat, price upon request. Page 546 Moncler Gamme Covers Newsstand Marc Jacobs dress. 212-343-1490. Lynn Owens jacket, $6,739, tunic, $864, and leggings, $864. Rouge cape, price upon request. Page 547 Mary Ban bangles, $17,000–$30,000. Subscriber Chanel dress, 212-627-7222. Balenciaga sweater, $1,235, and skirt, $925. Katrantzou dress, $18,848. Neiman Marcus; 888-888-4757. $22,850. Internal Oscar de la Renta dress, $6,490. Neiman Marcus; 800-685-6695. Balenciaga bracelet, Page 549 Fendi coat, $40,000. Miley Cyrus Page 551 oscardelarenta.com. Jennifer Zeuner earrings, $110. $465. Barneys New York; 888-8-BARNEYS. Page 497 Giorgio Armani Privé gown, price upon request. Dior Fine jenniferzeuner.com. Dior ring, $590. 800-929-DIOR. Must- Michael Kors coat, $45,000, and sweater, $795. 866-709- Jewelry earrings and ring, prices upon request. Page 552 Haves Page 139 Stella McCartney clutch. Neiman Marcus; KORS. Reed Krakoff sweater, $1,190, and skirt, $4,290. Chanel Haute Couture dress, price upon request. Chanel 888-888-4757. Table of Contents Page 164 Fendi bootie. reedkrakoff.com. Page 498 Céline coat, $5,500, necklace, Fine Jewelry earrings and necklace, prices upon request. 212-759-4646. Mastheads Page 200 Ana Khouri earrings, $730, and boots, $2,890.
    [Show full text]