Georgina Caldwell, Author at Global Cosmetics News https://www.globalcosmeticsnews.com/author/editor/ Daily cosmetics industry news Tue, 30 Jan 2024 17:34:21 +0000 en-GB hourly 1 https://www.globalcosmeticsnews.com/wp-content/uploads/2017/12/cropped-icon-45x45.jpg Georgina Caldwell, Author at Global Cosmetics News https://www.globalcosmeticsnews.com/author/editor/ 32 32 Teen passion for Sol de Janeiro pushes L’Occitane’s Q3 sales up 18.9 percent https://www.globalcosmeticsnews.com/teen-passion-for-sol-de-janeiro-pushes-loccitanes-q3-sales-up-18-9-percent/ Wed, 31 Jan 2024 06:04:00 +0000 https://www.globalcosmeticsnews.com/?p=251565 L’Occitane has announced an unaudited quarterly update for the third quarter of the current financial year. The natural cosmetics firm saw sales rise 19.5 percent at reported rates in the three months to December 31, 2024 to €1,915.3 million.

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THE WHAT? L’Occitane has announced an unaudited quarterly update for the third quarter of the current financial year. The natural cosmetics firm saw sales rise 19.5 percent at reported rates in the three months to December 31, 2024 to €1,915.3 million.

THE DETAILS By brand, tween and teen favourite, Sol de Janeiro was the star performer, growing 199.4 percent to hit sales of €204.4 million. In contrast, L’Occitane en Provence saw sales drop 2.9 percent while Elemis put on a strong 14.7 percent.

By region, the Americas delivered the strongest growth, up 64.5 percent, while EMEA inched up 4.6 percent and APAC sales dipped 2.8 percent.

THE WHY? André Hoffmann, Vice-Chairman & Chief Executive Officer of L’Occitane, comments, “We delivered a decent holiday season, which enabled us to maintain our growth momentum and relative outperformance in the premium beauty market in China and other key markets. It was also pleasing to see Elemis return to growth in light of our ongoing premiumization strategy to support its long-term profitability.

“We will continue to build on the accelerating growth of Sol de Janeiro as we steadily expand its product and category range, and the scale and reach of its distribution. We will also further build on the healthy growth of other brands, including our recently acquired luxury home fragrance brand, Dr. Vranjes Firenze, to round out our portfolio.”

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Tarte Cosmetics marks 25th anniversary with Kindness Tour https://www.globalcosmeticsnews.com/tarte-cosmetics-marks-25th-anniversary-with-kindness-tour/ Wed, 31 Jan 2024 06:03:00 +0000 https://www.globalcosmeticsnews.com/?p=251562 Tarte Cosmetics has announced that it will mark its 25th anniversary with global, year-long tour featuring charity-driven activations in 25 cities to giveback to the communities that have contributed to the brand’s success.

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THE WHAT? Tarte Cosmetics has announced that it will mark its 25th anniversary with global, year-long tour featuring charity-driven activations in 25 cities to giveback to the communities that have contributed to the brand’s success.

THE DETAILS The Kindness Tour will kick off in Los Angeles with Tarte’s trolley pop-up making surprise visits to retailers, hosting creator events and giving away goodies galore. The brand will also choose a school in each city at random to donate backpacks and school supplies to teachers and students.

THE WHY? Maureen Kelly, CEO and Founder of Tarte, comments, “In the world of beauty, it’s not just about looking good; it’s about feeling good and doing good. Our 25-city Kindness Tour is a testament to the power of positivity and giving back to the communities that have embraced us for a quarter of a century.”

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Cosmax sets up dedicated sun care lab https://www.globalcosmeticsnews.com/cosmax-sets-up-dedicated-sun-care-lab/ Wed, 31 Jan 2024 06:02:00 +0000 https://www.globalcosmeticsnews.com/?p=251560 Cosmax has announced the establishment of a dedicated OTC lab for sunscreen products within its R&I Center in South Korea. The facility will serve as a specialized laboratory that supports an entire process of sunscreen product production from research to manufacturing.  

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THE WHAT? Cosmax has announced the establishment of a dedicated OTC lab for sunscreen products within its R&I Center in South Korea. The facility will serve as a specialized laboratory that supports an entire process of sunscreen product production from research to manufacturing.  

THE DETAILS Cosmax is the first in the Korean cosmetics ODM field to receive US FDA OTC certification and operates a specialized management system that includes real time adaptation to evolving US FDA regulations on OTC products.

THE WHY? The Korean beauty manufacturer is aiming to enhance its expertise in the sun care field in response to growing demand from its customers who are hoping to break onto the US sun care market.

Chun-ho Park, Vice President of COSMAX R&I Center, reveals, “In response to the increasing demand from Korean and global clients to enter the US sun care market, we have established OTC Lab. Based on our accumulated expertise in OTC sunscreen products manufacturing since 2016, COSMAX will continue to innovate products in line with the trends and regulations of the US market.”

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EU to bill beauty manufacturers for microplastic clean up https://www.globalcosmeticsnews.com/eu-to-bill-beauty-manufacturers-for-microplastic-clean-up/ Wed, 31 Jan 2024 06:01:00 +0000 https://www.globalcosmeticsnews.com/?p=251558 The European Union has drafted a regulation that, if formally adopted, will require cosmetics manufacturers to cover some 80 percent of the cost required to tackle the pollution caused by microplastics.

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THE WHAT? The European Union has drafted a regulation that, if formally adopted, will require cosmetics manufacturers to cover some 80 percent of the cost required to tackle the pollution caused by microplastics.

THE DETAILS According to a report published by The Guardian, the rules will require governments to monitor sewage for microplastics, PFAS and other micropollutants. The remaining 20 percent would be paid for by each country’s government so that the affordability of products will not be overly affected.

THE WHY? The EU’s ‘polluter pays’ principle, as the new law has been dubbed is aimed at protecting public health by ensuring a clean water supply.

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Walmart offers stock grants in bid to incentivise store managers https://www.globalcosmeticsnews.com/walmart-offers-stock-grants-in-bid-to-incentivise-store-managers/ Wed, 31 Jan 2024 06:00:00 +0000 https://www.globalcosmeticsnews.com/?p=251556 Walmart has ushered in a new incentive aimed at incentivising and retaining its store managers. The US retail behemoth is offering stock grants that could amount to a considerable pay increase for those heading up the most successful stores.

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THE WHAT? Walmart has ushered in a new incentive aimed at incentivising and retaining its store managers. The US retail behemoth is offering stock grants that could amount to a considerable pay increase for those heading up the most successful stores.

THE DETAILS All US store managers will receive up to US$20,000 in Walmart stock each year, according to a report published by Bloomberg, with the exact sum determined by store format. The firm’s bonus structure will also be revisited with up to 200 percent of base salary up for grabs for those who hit targets. Combined, these measures could see top managers paid US$404,000 per annum.

THE WHY? John Furner, CEO of Walmart US, told Bloomberg that the measures were aimed at incentivising performance, “We are asking them [store managers] to act like owners and to think like owners.”

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Target bets on wellness to boost sales; 1,000 wellness products hit shelves https://www.globalcosmeticsnews.com/target-bets-on-wellness-to-boost-sales-1000-wellness-products-hit-shelves/ Fri, 26 Jan 2024 06:04:00 +0000 https://www.globalcosmeticsnews.com/?p=251497 Target is stocking its shelves with more than 1,000 wellness products to support its customers on their wellness journey. The new products span multiple categories from apparel to supplements and tech.

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THE WHAT? Target is stocking its shelves with more than 1,000 wellness products to support its customers on their wellness journey. The new products span multiple categories from apparel to supplements and tech.

THE DETAILS Many of the ranges ushered in are exclusive to Target, including Ghia, Good & Gather, Being Frenshe, Blogilates, Sechey and All in Motion. The retailer has also launched an online wellness destination featuring ideas, products, meal inspiration and deals.

THE WHY? Rick Gomez, Executive Vice President and Chief Food, Essentials and Beauty Officer, Target, comments, “Wellness has been redefined to encompass a more holistic way of living — and it’s also different for every person. That’s why Target is delivering like no other retailer, offering guests the ultimate destination to support their wellness journey, whether that’s enjoying a non-alcoholic beverage from Sechey or stocking up on Bloom to get their daily greens. We’re making it fun and easy for our guests to discover new products at a great value, with more than 1,000 new wellness products, starting at just $1.99.”

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Native debuts whole body deodorant https://www.globalcosmeticsnews.com/native-debuts-whole-body-deodorant/ Fri, 26 Jan 2024 06:03:00 +0000 https://www.globalcosmeticsnews.com/?p=251495 Native has announced the launch of a line of deodorant sprays and sticks designed to offer odor protection for the whole body. Offering 72-hour freshness all-over, the products are designed for use on underarms, chest, underboob, privates and feet.

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THE WHAT? Native has announced the launch of a line of deodorant sprays and sticks designed to offer odor protection for the whole body. Offering 72-hour freshness all-over, the products are designed for use on underarms, chest, underboob, privates and feet.

THE DETAILS The clean formulations do not contain aluminium salts, parabens, baking soda, dye or talc and are available in four variants: Coconut & Vanilla, Cucumber & Mint, Lilac & White Tea and Unscented.

THE WHY? Vineet Kumar, CEO of Native, explains, “We want to empower people to feel confident in their own skin, even during moments when life, well, stinks. We’ve found that consumers are having to solve for normal body odor with compensating behaviors like multiple showers, changing clothes in the middle of the day, keeping distance from others, or using products that are not designed to address odor at the source. Native’s Whole Body Deodorants offer an easy and effective way to protect from BO, while boosting confidence so you can go about your day smelling good.”

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SK-II sales hit as anti-Japanese sentiment builds in China https://www.globalcosmeticsnews.com/sk-ii-sales-hit-as-anti-japanese-sentiment-builds-in-china/ Fri, 26 Jan 2024 06:02:00 +0000 https://www.globalcosmeticsnews.com/?p=251492 Procter & Gamble has revealed that its SK-II brand saw sales dive 34 percent in the three months to December 31, 2023. However, the US FMCG giant was quick to point out that its premium skin care brand has bounced back from a similar slump before and is expected to do so again.

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THE WHAT? Procter & Gamble has revealed that its SK-II brand saw sales dive 34 percent in the three months to December 31, 2023. However, the US FMCG giant was quick to point out that its premium skin care brand has bounced back from a similar slump before and is expected to do so again.

THE DETAILS Indeed, sales look set to recover this quarter, P&G CFO, Andre Schulten told investors on the company’s earnings call. “Our consumer research said SK-II brand sentiment is improving, and we expect to see sequential improvement in the back half,” he said, per the BBC.

THE WHY? The slowdown has been attributed to both the slower-than-expected recovery after Covid restrictions were lifted and anti-Japanese sentiment that has been steadily building over the Fukishima release controversy.

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Axe gains PETA approval and joins Beauty Without Bunnies program https://www.globalcosmeticsnews.com/axe-gains-peta-approval-and-joins-beauty-without-bunnies-program/ Fri, 26 Jan 2024 06:01:00 +0000 https://www.globalcosmeticsnews.com/?p=251490 Unilever’s Axe has gained approval from People for the Ethical Treatment of Animals (PETA). The accreditation will see the deodorant brand join its stablemates on the Beauty Without Bunnies program.

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THE WHAT? Unilever’s Axe has gained approval from People for the Ethical Treatment of Animals (PETA). The accreditation will see the deodorant brand join its stablemates on the Beauty Without Bunnies program.

THE DETAILS “We are proud to be officially PETA approved,” says Unilever Personal Care President Fabian Garcia. “Axe will continue to champion confidence while consumers can be safe in the knowledge that none of AXE’s products or their ingredients will be tested on animals anywhere in the world.”

THE WHY? The independent recognition confirms that Axe does not conduct or commission any animal tests on ingredients or finished products, and that it pledges not to do so in the future – an important consideration for Gen Z shoppers.  

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Burt’s Bees and Hidden Valley Ranch lip balm collab sells out in record time https://www.globalcosmeticsnews.com/burts-bees-and-hidden-valley-ranch-lip-balm-collab-sells-out-in-record-time/ Fri, 26 Jan 2024 06:00:00 +0000 https://www.globalcosmeticsnews.com/?p=251488 First KFC, then Girl Scout Cookies and now Hidden Valley Ranch has bought its signature flavors to the beauty sphere. The salad dressing brand teamed up with Burt’s Bees to launch a limited edition range of lip balms based on the classic flavors of its Ranch, Buffalo Sauce, Crunchy Celery and Fresh Carrot sauces.

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THE WHAT? First KFC, then Girl Scout Cookies and now Hidden Valley Ranch has bought its signature flavors to the beauty sphere. The salad dressing brand teamed up with Burt’s Bees to launch a limited edition range of lip balms based on the classic flavors of its Ranch, Buffalo Sauce, Crunchy Celery and Fresh Carrot sauces.

THE DETAILS The limited edition four-pack sold out almost instantly when it hit the Clorox-owned brand’s website and several fans have taken to the review section to beg them to bring it back.

THE WHY? Mariah Eckhardt, General Manager at Burt’s Bees explains that the collab was born from an April Fools post on social media. “Fans responded so enthusiastically,” she says. “So, for an exciting, limited release, we’re bringing together two fan favorites—Burt’s Bees lip balm and Hidden Valley Ranch.”

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