Latest from Eileen Francis
The US prestige beauty market is approaching the holiday season with stronger sales momentum than it achieved the same time last year, despite ‘some pullback’ in spending throughout 2024. Industry experts predict how current trends/consumer sentiment may impact the critical fourth quarter.
The US FTC has published its ‘Rule Concerning Recurring Subscriptions and Other Negative Option Programs’ in the Federal Register 15 November. However, legal challenges and the Trump Administration make its fate uncertain.
The Estee Lauder Companies, Inc. has introduced more than 240 GPT’s or ‘Generative Pre-trained Transformers’ for data processing and analysis within the company, resulting in R&D and marketing response times improving by more than 90%, says OpenAI.
Vichy Labs Dercos Anti-Dandruff Brand Makes Stateside Debut, targeted to 60% of Americans who don’t use dandruff-specific formulas, while Interparfums Inc. launches a proprietary fragrance line to sell in its first-ever boutiques and iconic Bain De Soleil suncare is slated to return to US stores under new ownership.
Claire’s Holdings LLC, Sprout’s Farmers Markets and Walgreen Company are the latest US retailers to build on beauty and personal care store brands in response to growing consumer demand.
Kenvue Inc., marketer of Neutrogena, Aveeno and Listerine brands, has named former Coty America executive Andrew Stanleick president, Skin Health & Beauty for North America and EMEA; Separately, Registrar Corp. finds nearly 50% of companies selling imported cosmetics in US retailers are non-compliant with MoCRA