Beauty gives back: Coty donates to Haiti relief efforts
NEW YORK Coty announced on Thursday a collective donation of $100,000 to two humanitarian organizations involved in the earthquake relief efforts in Haiti.
The beauty company is donating $50,000 to the American Red Cross and $50,000 to Save the Children, an international organization working in Haiti since 1978 that has more than 200 staff members in the country responding to the immediate needs of children and their families.
“Our hearts go out to the countless victims of the earthquake in Haiti and their families around the world,” stated Bernd Beetz, Coty’s CEO. “In addition to our corporate donation to both the American Red Cross and Save the Children, our 10,000 employees worldwide are continuing to support numerous Haiti relief efforts around the globe. As a company, Coty is committed to further supporting recovery needs.”
NPD: 2009 a year of decline for prestige beauty sales
NEW YORK The U.S. prestige beauty industry experienced a 6% decline in dollar sales during 2009, according to recent data from market research company the NPD Group.
Prestige fragrance posted the biggest declines, followed by prestige makeup, and prestige skin care.
“Make no mistake, 2009 was a most challenging and difficult year for the prestige beauty industry,” stated Karen Grant, VP and senior global industry analyst for The NPD Group. “Yet, particularly as we entered fourth quarter, there was evidence of some recovery as well as areas of growth across categories, at both ends of the price spectrum. Those could be found in the positive sales of products like smaller size women’s fragrances, innovations in foundation and concealer products, anti-aging and specialized basic skin care, and hair care.”
NPD noted that the food/drug/mass channel (excluding Wal-Mart) was flat in 2009. Similar to the prestige beauty market, fragrance sales declined.
Makeup sales in the mass channel experienced growth and skin care sales were flat overall; however, excluding hair care, sales of skin care products at mass actually experienced growth in line with makeup.
Head & Shoulders mans up
CINCINNATI Procter & Gamble’s Head & Shoulders brand is stepping into the men’s grooming segment with the launch of its first “for men” line, called Hair Endurance for Men.
The line features a new shampoo and 2-in-1 that was developed to strengthen hair at the scalp, allowing hair to appear fuller and thicker looking. According to the company, research has shown that 44% of men who suffer from dandruff also claim to have hair damage from scratching, which can result in hair breakage.
Head & Shoulders’ proprietary zinc pyrithione formula works against dandruff by tackling the cause at the scalp, in addition to the signs of dandruff (i.e. dryness and itchiness). By reducing dandruff symptoms, Hair Endurance for Men can calm and reduce scalp irritations, which means less itch and urge to scratch.
The shampoo and 2-in-1 shampoo plus conditioner is priced at priced at $4.97 each.