L'Oreal Luxe's 10.5% like-for-like growth in fiscal 2017 substantially overshadowed the 2.2% LFL improvement in the firm's Consumer Products unit. "Maybe in the mass [channel] in the U.S. for the past two or three years, we didn't give consumers enough desire to want to buy beauty," but the company is committed to accelerating innovation and bringing consumers back, CEO Jean-Paul Agon says .
L'Oreal S.A. continues to benefit from robust luxury growth while its mass business proceeds at a relative crawl, trends that may not only reflect the macro factors observed by the firm's peers.
"Beauty is not a consumer goods business. Beauty is different. Beauty is about desire, appetite, excitement. You don't buy beauty...
“Today’s consumers, especially younger generations, are redefining personal care as preventive care,” argues Kenvue on the basis of its latest research into global consumer trends.
P&G appoints long-time company executive Freddy Bharucha to lead its global Personal Care business, while the Estee Lauder Companies creates a new chief digital and marketing officer role.
Ulta Beauty and Target Corp. announce August 14 they will not renew their shop-in-shop partnership when it concludes in August 2026.
The FTC sent warning letters to four companies, including one personal care firm, making ‘Made in USA’ claims, as proposed class action filings over the claims – including a number in beauty – are expected to more than double this year.
Ulta Beauty and Target Corp. announce August 14 they will not renew their shop-in-shop partnership when it concludes in August 2026.
FDA admonishes five marketers for straying from approved sunscreen dosage forms in recent warning letters. Violative delivery formats render products unapproved drugs and misbranded.
The FTC sent warning letters to four companies, including one personal care firm, making ‘Made in USA’ claims, as proposed class action filings over the claims – including a number in beauty – are expected to more than double this year.
