Author: Georgina Caldwell

Net sales down 5.7 percent but Arden boom signals hope for Revlon Q4

Revlon has announced its unaudited financial results for the final quarter and full year fiscal 2018. Reported net sales were down 5.7 percent (3.7 percent in constant currency) in the quarter ended December 31, dropping US$741.6 million. However, the US beauty behemoth revealed that the loss, caused by shift in timing of customer resets in the Revlon segment and lower fragrance sales as licences expired, was partially offset by strong double-digit growth in the Elizabeth Arden segment. “We are very pleased with our continued momentum during the fourth quarter of 2018 as we successfully execute on our core strategies...

CLICK HERE

Brand first: Herbal Essences and TerraCycle unveil bottle made from beach plastic

Procter & Gamble-owned Herbal Essences has teamed up with TerraCycle to create recyclable shampoo and conditioner bottles made of 25 percent beach plastic in celebration of World Water Day. Three of the brand’s bio:renew Collections, White Grapefruit & Mosa Mint, Argan Oil and Coconut Milk will be available in these limited edition bottles throughout May and June. “Plastic floating in our oceans and rivers has been a recent topic for discussion and unless people work to find solutions, it stays just that—a discussion,” says Tom Szaky, TerraCycle CEO. “By incorporating beach plastic into their bottles, Herbal Essences is showing...

CLICK HERE

Cracking the vegan market: Lush to go egg-free

Lush has announced that it will no longer include eggs in any of its beauty products, according to a report published by Plant Based News. The ethical beauty giant’s products are suitable for vegetarians but not yet vegan, with ingredients of animal origin such as milk, lanolin, honey and (until now) eggs precluding 100 percent plant-based status. Now the UK-based bath bomb maker has reformulated six products with egg replacements such as aquafaba, tofu and soy yoghurt. “Unconvinced that even the very best egg production is free from suffering, we have removed eggs from all our products, replacing them...

CLICK HERE

The Estee Lauder Companies faces NetEase Kaola in Chinese courts

The Estee Lauder Companies’ Chinese division is said to be suing cross-border e-commerce platform Kaola for offering MAC cosmetics for sale without authorization, according to a report published by Technode. The lawsuit, which was launched by the US prestige giant back in  2017 is currently being tried by the First Intermediate People’s Court in Congqing. Lauder is hoping to secure an apology, prevent Kaola from making further sales and RMB1 million in compensation. In a separate suit, filed in February, 2018 by China’s Consumer Association, NetEase also stands accused of selling counterfeit Estee Lauder-branded skin care...

CLICK HERE

L’Oréal Paris USA announces nominations for 14th annual Women of Worth Program

L’Oréal Paris USA’s signature annual philanthropic program, Women of Worth, will open its call for nominations next week on March 25. Now in its 14th year, the Women of Worth program is designed to honor extraordinary women who volunteer their time to serve their communities. It has donated more than US$1.3 million in grants towards powerful causes to date, and empowered some 130 women and organisations. Past honorees have gone on to be recognized by The White House, The United Nations and awarded Presidential Service Medals. “Being a woman of worth means having a global platform to influence social...

CLICK HERE

TOP 50 BRANDS