Author: Louise Prance-Miles

LVMH awards North America media account to Dentsu Aegis Network

LVMH has awarded its North America media account to Dentsu Aegis Network following a competitive review that began in April this year. The competitive review was handled by ID Comms, a UK based media consultancy company, which saw LVMH switch from Havas Media with whom it has worked with since 2009, to Dentsu. Havas also took part in the review. While LVMH declined to comment, Havas released a statement that read, “Our 9-plus years working with the LVMH brands in North America has been an honor and a huge point of pride for our organization, with their brands delivering...

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US judge allows California plaintiffs to file L’Oréal USA Keratindose lawsuit

A judge has certified a class of plaintiffs from New York and California to challenge the US arm of L’Oréal regarding accusations that the French beauty giant falsely marketed claims about its Keratindose hair products contain protein. In the lawsuit Brandi Price, et al. v. L’Oréal USA, District Judge Lorna Schofield denied the group’s request to certify a nationwide class due to the alleged allegations only being able to be certified on an individual basis. The products involved were part of the Matrix Biolage Advanced Keratindose Pro-Keratin + Silk product line and included the three products Matrix Biolage Advanced...

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Nigerian media personality Toke Makinwa launches skin whitening skincare collection

Nigerian media personality Toke Makinwa has launched a range of skin whitening products, named Glow by TM. The star has been teasing the line via social media for some time, posing in nude photos, having created the range with California based beauty developer Buluwa in a $2,000,000 partnership. The range includes safe skincare products for all skin types and includes a facial cleanser, brightening day cream, night cream and glow oil. Makinwa said, “The TM collection is created for women of all skin tones and personalities. These steps are key to having ageless spotless skin, getting rid of dark...

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Henkel revises down full-year earnings guidance after missing industry expectations

German personal care giant Henkel has revised its full-year earnings guidance after missing industry expectations in Q2. The company blamed rising material prices and currency headwinds for the lower-than-expected results, which saw the company report operating profit of €926 million, up 1.8 percent from the comparable quarter last year, missing analyst expectations of €940m. Sales, however, were in line with expectations, rising 3.5 percent to €5.1bn, while shares in the company fell 3 percent, with the company later recovering half the losses. Narrowing its earnings-per-share guidance for the full year, Henkel reported an adjusted EPS growth of 3 to...

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Siam Piwat Group and istyle Inc collaborate to bring @cosme stores to Thailand

Premium retail development company Siam Piwat Group and istyle Inc have joined forces in a joint partnership to launch istyle Retail Thailand Co, which will see the two companies open @cosme stores in Thailand. In a 70/30 percent split between istyle Inc and Siam Piwat Group respectively, the first @cosme store will officially open by the end of the year and be located in Iconsiam. Labelled as a ‘phenomenon’ in Japan by Usara Yongpiyakul, Chief Executive Officer of Siam Piwat Retail Holding Co, @cosme is thought to have great potential in Thailand and Bangkok thanks to strong GDP per...

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