Alberto-Culver to sell Cederroth International
MELROSE PARK, Ill. Alberto-Culver, whose brands include TRESemme, Nexxus and Alberto VO5, has reached an agreement to sell Cederroth International, a Swedish business that manufacturers consumers products in the Nordic region and parts of Europe, to private equity firm CapMan.
Under the agreement, a fund managed by CapMan will purchase all of the outstanding capital stock of Cederroth International AB. The sale, which is subject to regulatory approval, is expected to close during the summer.
“We are very pleased to have found a strong buyer in CapMan with their Nordic region insight and experience in consumer products. For Alberto-Culver, this transaction facilitates our ability to focus on growing our core beauty care brands TRESemme, Nexxus, Alberto VO5 and St. Ives,” stated Alberto-Culver president and chief executive officer V. James Marino.
Alberto-Culver acquired Cederroth International, based in Stockholm, Sweden, in the early 1990s.
Dr. Miracle’s enters ethnic skin care
NEW YORK Ethnic hair care brand Dr. Miracle’s is entering the ethnic skin care market with the introduction of its My Goodbye Acne System.
The three-step preventive acne solution is the first of the brand’s SkinMeds Collection. Given that ethnic skin gets oilier and more acne-prone as it ages, the regimen is geared toward males and females age 13 to 45.
The regimen includes an Exfoliating Cleanser, Regenerating Toner and Tingling Repairing Lotion. The products will launch in August and will retail for $21.99.
Suppliers discover beauty of interactive advertising
The barriers between traditional and interactive marketing are dissolving, and interactive marketing spending in the United States is projected to hit $61 million by 2012, according to recent research. Evidence of such growth is increasingly infiltrating the beauty market, as beauty brands aim to drive shoppers to brick-and-mortar mass-market doors and bolster brand awareness.
According to a recent study by Forrester Research, a technology and market research company, interactive marketing spending in the United States will more than triple over the next five years.
The forecast is based in part on a survey of 344 interactive marketing professionals and their budget decisions affecting display ads, search, email marketing, online video and emerging media (social, mobile and adver-gaming).
More specifically, the study found that mainstream marketers are turning to search marketing, which is expected to grow the category at a compound annual growth rate of 26 percent to $25 billion by 2012.
Online video will experience a 72 percent increase in ad spending to $7.1 billion by 2012, as more consumers adopt online video.
Meanwhile, mainstream adoption will boost spending in such emerging channels as social media, mobile, game marketing, widgets, podcasts and RSS, according to Forrester. Spending on social media alone will grow to $6.9 billion, as marketers understand how to use and measure this channel.
Such trends already are evident in the mass-market beauty industry as, in April alone, several brands launched new online campaigns and revamped sites to make them more interactive.
One such example is L’Oréal USA’s Softsheen-Carson ethnic hair care brand, which announced in April the redesign of its online presence at www.softsheencarson.com.
The site, according to the company, has been restaged with new technology, interactive elements, enhanced graphics and entertainment features. The site also links to the new “SSC Lounge.” Within the SSC Lounge, visitors will find, for example, a Colorscope, which is similar to a horoscope but tells visitors about themselves and their hair; a Style Transformation Station that enables visitors to upload their photo and try on a new cut, color or style; and a Rewards Store where visitors can redeem points for exclusive gifts.
Markwins North America debuted in April its new wet n wild Beauty Benefits Web site, located at www.wnwbeautybenefits.com, to promote the new line of Lotus Marine mineral makeup and brushes.
The brand developed the online community so women can learn about the products and get beauty tips, as well as receive advice on how to live a healthier lifestyle via the Lifestyle tab. There’s also a monthly contest that awards women who are doing positive things in their lives to achieve beauty both inside and out.
Johnson & Johnson Consumer Products Co. is promoting its Melt Away Stress line of skin care products via a new online campaign at the www.JohnsonsForYou.com/escape Web site.
Tapping Glam Media’s network of 450-plus Web publishers, Johnson’s is targeting young women to build brand awareness, stimulate interaction and build excitement for the new products beyond ad banners.
Components of the site include a user-generated content contest, Jamaica getaway sweepstakes, expert and celebrity videos, and an embeddable quiz widget. Visitors to the site will also have access to an exclusive free trial coupon.
Also in April, Unilever’s Dove brand announced the relaunch of Dove.com as the Dove Digital Channel. According to the company, the new media channel signals a new approach to Dove’s online marketing and has raised the game in the digital space by forming a marketing alliance with OgilyInteractive and Microsoft’s MSN.