Author: Louise Prance-Miles

Sephora outrages Australian consumers by blocking access to US online store

LVMH-owned beauty retailer Sephora this week enraged Australian consumers ahead of the launch of its local bricks and mortar store in Sydney by redirecting customers away from the US site, which is said to stop people making price comparisons. Following the move, users took to social media to share their upset over the move, with many stating that they could no longer compare prices, with other problems also occurring. These included the lack of product reviews on the Australian site, as opposed to the US one, and the lack of access to the VIB reward scheme, with one user...

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Unilever Australia restructures marketing team

The Australian arm of personal care giant Unilever has announced the restructure of its top marketers Andrea Martens and Hugo Verkuil who will exit their current roles and see both roles merge together to create one Chief Marketing Officer position. It has yet to be announced who will take on the position, however an announcement on this is due shortly. The move to consolidate both positions into one role evolved as a result of both Martens and Verkuil eye opportunities elsewhere. Martens will stay in his position until 2016 when he’ll leave to take on the Chief Brand Officer...

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Coty takes on two P&G executives following merger

Beauty powerhouse Coty will be taking on two of Procter and Gambles highest executives following the merger of 43 P&G brands next year. Coty has announced that Esi Eggleston Bracey, currently the Executive Vice President for P&G Global Color Cosmetics, will become Coty’s President of Consumer Beauty, while Slyvie Moreau, P&G’s current Executive Vice President of the Wella Salon division, will become Coty’s President of the Professional Beauty division. Currently overseeing the CoverGirl and Max Factor divisions at P&G, in her new role Eggleston Bracey will be responsible for Coty’s color cosmetics, hair coloring and styling, and body care...

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Beiersdorf: Profit forecasts raised as third-quarter earnings beat expectations

The Nivea skin care brand has long been a successful brand under the Beiersdorf portfolio, and it has once again helped the company, which has raised its full year profit guidance after third-quarter earnings beat analyst’ estimates due to strong sales of the skincare brand. Beiersdorf has announced that profitability will be ‘significantly’ above last year’s level, with shares rising as much as 3.1 per cent to 87.76 Euros in Frankfurt – a record for the company. Sales rose 6.8 percent to 5.04 billion in the first nine months of the year. The German-based company has significantly ramped up...

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High end brands boost Estée Lauder’s third quarter profits

Premium brands such as MAC, Origins and La Mer have positively impacted Estee Lauder’s third quarter results, with the beauty giant posting a 36 percent increase in profit to $309.3 million in the three months ending September 2015. The luxury brands sector rose 8 percent in the same period on an organic basis, excluding the impact of acquisitions divestitures, and currency moves. Meanwhile net sales increased 8 percent to $2.8 billion to the comparable period in 2014. However, this was lower than the expected 15 percent increase, with the shortfall attributed to many foreign currencies weakening against the US...

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