A round-up of the latest news and information you need to know to start your week surrounding all things beauty and grooming.

Legislative/ Regulatory

  • Korean cosmetic makers are hopeful that a free trade agreement due to be signed with China before the end of this year will eliminate duties on their products when exported. (CosmeticsBusiness)
  • Health Canada Eyes Regulatory Reform, Reclassification Of Sunscreens. Consultations planned for the fall will explore a proposal that would create a new oversight framework for lower-risk consumer health products currently regulated as drugs, including selected skin-care, acne and oral-care items. At the same time Health Canada will consider reclassification of sunscreens and anti-dandruff products, potentially as cosmetics, according to the Canadian Cosmetic, Toiletry and Fragrance Association. ( The Rose Sheet)
  • Industry Should Prioritize “Process Of Trust” With Consumers – Cosmetics Europe Industry must keep consumers at the forefront of its decisions as it grapples with regulatory issues regarding fragrance allergen labeling, preservatives and nanotechnology, Cosmetics Europe Director-General Bertil Heerink suggested in an interview with “The Rose Sheet.” Remaining mindful of consumer needs and perceptions will help drive public trust in the cosmetics industry, which is one of the biggest challenges the sector faces, he said. (The Rose Sheet)

Business Portfolio

  • Bottega Veneta, Coty Tie the Knot (WWD)
  • In yet another move which confirms L’Oreal is eager to press ahead with its digital dominance, the beauty giant has just announced the appointment of its first UK chief marketing officer. (CosmeticsDesign)
  • EROI of events exceeds all other marketing initiatives: report. Eighty-four percent of luxury marketers host events to reach ultra-high-net-worth individuals, according to the latest report from Wealth-X. (Luxury Daily)
  • FTC-L’Oreal Settlement Should Reverberate Across Industry – Attorneys The recent action against L’Oreal sends a signal to industry that FTC is paying attention to their claims. In an interview with “The Rose Sheet,” attorneys from Edwards Wildman Palmer discuss the case’s implications and whether it heralds a new FTC focus on cosmetics. (The Rose Sheet)

Industry Pulse

  • Nivea’s new anti-ageing boutique targets older women (CosmeticsDesign)
  • Smashbox, a key color cosmetics segment player, has announced plans to expand both its product range, and the retail channels on which its goods are sold. (CosmeticsDesign)

Market GPS

  • Facing ongoing economic difficulties, Korean consumers are becoming more price conscious. One consequence is that Korean cosmetic brands are expanding market share at the expense of imports. (CosmeticsBusiness)

Beauty 2.0

  • With apps which center on beauty products now hitting consumers’ screens thick and fast, CosmeticsDesign takes a look at whether the swiftly evolving mobile space poses an opportunity for brands, or a risk. (CosmeticsDesign)
  • The recent acquisition of NYX Cosmetics by industry giant L’Oreal confirmed the smaller brand’s prowess in the video marketing online sphere. Here, Cosmetics Design takes a look at what it’s getting so right. (CosmeticsDesign)
  • U.S. label Donna Karan has created a microsite to highlight Cashmere Mist, a fragrance collection within the brand. (Luxury Daily)
  • U.S. apparel and accessories brand Marc Jacobs is expanding on current promotions for its latest fragrance Daisy Dream with a social time capsule initiative. (Luxury Daily)
  • Beauty marketer Estée Lauder is aiming to increase the ways in which it communicates with its consumer base with a new Web site design that promotes products through technology. (Luxury Daily)

 

1938 is the online magazine blog for Well-Kept Beauty, formally entitled Primer.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: