The top beauty company grew its sales 2.3% to reach $28.60 billion worldwide, according to a ranking by WWD. Unilever was No. 2 at $20.52, while Proctor & Gamble slid in at No. 3 despite a 12.5% drop in sales. To put the numbers into context, retail sales of licensed health and beauty products in the U.S./Canada stayed flat at 0.1% growth in 2016 to reach almost $7.7 billion, … [Read more...] about L’Oreal Ranks as Top Beauty Company of 2016
Cosmetics/Nail Polish/Other
Apparel Fuels 3.1% Growth in U.S./Canada Fashion Licensing—Global Growth Is Even Higher
Growing competition; continued decline in the brick and mortar backyard; currency devaluation in Europe and Asia; a fourth quarter retail fiasco. 2015 was a tough year for the fashion industry. Yet, for all of the challenges, fashion licensing prospered in not only in the U.S./Canada but worldwide, according to The Licensing Letter’s Annual Licensing Business Survey. Global … [Read more...] about Apparel Fuels 3.1% Growth in U.S./Canada Fashion Licensing—Global Growth Is Even Higher
Vegan Cosmetics: The Newest Wave in Fashion Brand Building
By Glenn S. Demby, Esq. Quality is no longer enough. Today's consumers also want their brands to have a moral and social conscience. Few sectors have been more responsive to this demand than fashion. Perhaps the most dramatic illustration of this is the proliferation of vegan makeup brands. The Appeal of Vegan "Natural, organic and clean are the buzzwords across the beauty … [Read more...] about Vegan Cosmetics: The Newest Wave in Fashion Brand Building
Emily Weiss Gives Beauty a Millennial Makeover
By Glenn S. Demby, Esq. Unless you're a close follower of the beauty market, this week's launch of the Glossier (pronounced "glossy AY," as in "dossier") Phase 2 Set might have escaped your notice. But while the new makeup set is no game changer, Emily Weiss, the persona behind the Glossier brand is. Weiss and the digital company she founded three years ago are in many ways the … [Read more...] about Emily Weiss Gives Beauty a Millennial Makeover
Freshness Eludes Celebrity Scents
By Marcy Magiera Despite a small rush of celebrity-licensed fragrances introduced to retail in the late summer and fall, the category still smells off, with marketers Elizabeth Arden, Coty and Parlux all reporting recent sales declines as a result of soft demand for mass market scents. Elizabeth Arden reported earlier this month that sales for its fiscal second quarter, ended … [Read more...] about Freshness Eludes Celebrity Scents