Beauty

Strong travel retail sales help drive The Estée Lauder Companies to “outstanding” fiscal 1Q results

Benefitting from double digit sales gains in its online and travel retail channels, among others, the Estee Lauder Companies delivered “an outstanding financial performance in our fiscal 2018 first quarter,” said Fabrizio Freda, ELC President and Chief Executive Officer, commenting on the latest earnings results released on Nov. 1. The Company achieved net sales of $3.27 […]

Industry veteran Laurent Lamotte launches new agency for luxury brands in Latam

 Well-respected travel retail executive Laurent Lamotte brings together his wide range of experiences to his new position of managing partner for his new company HERA Latam, an agency of luxury brands in Latin America. Lamotte’s former roles, ranging from representing the Longines watch brand from the Swatch Group, over-seeing Latin America retail develop-ment for fashion house […]

NPD: Prestige Beauty, makeup drove sales in 2015

Color cosmetics drove sales in both the prestige and mass beauty sectors last year, reports Karen Grant, VP and global beauty industry analyst for the NPD Group, speaking at the Cosmetic Executive Women’s CEW/NPD Year-in-Review Event in New York City earlier this month. NPD reported that prestige beauty in the United States grew 7% to […]

Tairo International launches new sister company for professional hair & beauty products, adds hot brand Moroccanoil to portfolio

SOMARslider

Robert and Tania Bassan, the owners of the very well-respected Caribbean beauty distribution company Tairo International, have officially announced the opening of a new, separate sister company, SOMAR Beauty. SOMAR is a distributor for beauty and professional hair care brands servicing Caribbean local and travel retail stores, professional hair salons, spas and beauty supplies, as […]

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