Coty deepens Delete Blood Cancer/DKMS support with U.K. launch
WIMBLEDON, England — Beauty company Coty has announced its latest initiative in support of Delete Blood Cancer/DKMS: The Feb. 19, 2013, launch of the organization in the U.K.
Coty Inc. Supports Delete Blood Cancer UK. (PRNewsFoto/Coty Inc.)
With the Coty-Delete Blood Cancer/DKMS: Linked Against Blood Cancer partnership, Coty has backed Delete Blood Cancer/DKMS (the world’s largest bone marrow-donor center) since its inception by former Coty chairman and DKMS co-founder Peter Harf.
"Coty is very proud to help Delete Blood Cancer/DKMS reach new potential donors in the U.K.," stated Michele Scannavini, CEO of Coty. "Coty cares about giving back to the communities we’re a part of, and our long and rich history of supporting Delete Blood Cancer/DKMS is just one way that we put our beliefs into action."
"We are grateful for the tremendous level of assistance that we’ve received from Coty over the years," added Harf. "It is a cause that is very dear to so many people around the world, and it has meant so much to Delete Blood Cancer/DKMS to have the power of Coty behind us as we have built our marrow-donor registry."
Some of the key milestones throughout the partnership have been Coty’s help incorporating and expanding DKMS in the United States in 2004, including providing the organization with administrative and legal support, as well as office space in New York; Coty’s support of the 2009 launch of DKMS Polska; and the 2011 registration of DKMS’ 2.5 millionth donor in Germany, which occurred at Coty’s office in Mainz. Perhaps most important has been Coty’s ongoing fundraising support for the Delete Blood Cancer/DKMS annual gala, a star-studded event that has raised more than $9 million since it was first held in 2006.
To mark the U.K. launch, Coty donated £10,000 and conducted donor drives at three of its U.K. facilities: Ashford, Henwood and Wimbledon. More than 200 potential donors were enlisted through the drives, which provided the successful culmination of the U.K. launch.
The U.K. events are just the latest employee donor drives facilitated by Coty at many of its offices throughout the world. More than 1,000 Coty employees globally have registered as potential bone marrow donors with Delete Blood Cancer/DKMS. Through the Coty-Delete Blood Cancer/DKMS: Linked Against Blood Cancer partnership, Coty covers donor registration fees for all Coty employees.
Additionally, Coty’s social responsibility is demonstrated by its contributions to emergency relief in areas hard hit by natural disasters.
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B’iota Botanicals enters U.S. market
GREENWICH, Conn. — B’iota Botanicals, a European brand in herbal hair and skin care solutions, is now available in the United States.
The core products for the U.S. launch are B’iota shampoos and [leave-in] serum, which have been clinically tested and shown to reduce hair fallout and thinning by promoting stronger, thicker, fuller hair, the company stated. The products are targeted to women and men who have weak, damaged and thinning hair.
“Thinning hair and hair fall are a universal — and for many, very emotional — problem for millions of women and men. B’iota has been extremely successful in Europe, and our expansion into the United States market has been highly anticipated,” stated Cihat Dundar, founder and CEO.
B’iota is currently available nationally at such retail outlets as Harris Teeter, Raley’s and Save Mart, H-E-B, Cardinal Wholesale Distributors, as well as online at Amazon.com, DrugStore.com and Walgreens.com.
Ulta Beauty posts Q4 results
BOLINGBROOK, Ill. — Ulta Beauty posted a “strong” fourth quarter and is going forward with plans to invest in several areas of the business, including the expansion of its Clinique boutiques.
Net sales for the quarter, including the benefit of the 14th week in the quarter, rose 30.3% to $758.8 million compared with the year-ago period. Same-store sales rose 8% during the quarter.
Net income rose 39.4% to $64.5 million versus $46.3 million in the fourth quarter of fiscal 2011.
“The Ulta team achieved strong fourth-quarter results to complete an exceptional year in 2012. Excellent execution of our multi-year growth strategy was evident in the milestones achieved during the year: we increased square footage by 23% with the addition of 101 net new stores; we greatly enhanced our offering with newness across the board; we implemented a new Customer Relationship Management platform; broadened our marketing reach and brand awareness; and improved our digital capabilities, including rapid growth in our e-commerce business,” stated Dennis Eck, interim CEO.
Eck noted that the company is on track to open 125 stores this year and will continue the expansion of Clinique boutiques this year, in addition to the 43 boutiques rolled out at the end of 2012. Furthermore, the retailer plans to invest in several areas of the business. This will include upgrading its warehouse management systems, preparing for an additional distribution center in 2014, redesigning its e-commerce site, and building the additional Clinique boutiques, as well as investing in labor to support the growth of its prestige categories.
For fiscal year 2012, net sales, including the benefit of the 53rd week, increased 25% to $2.2 billion from $1.8 billion in fiscal 2011. Same-store sales for the year increased 8.8%.
Net income increased 43.5% to $172.5 million compared with $120.3 million in fiscal 2011.