BEAUTY CARE

Diva International names Szustaczek VP sales, marketing

BY David Salazar

KITCHENER, Ontario — DivaCup maker Diva International on Monday announced that John Szustaczek had been named the company’s VP sales and marketing. Szustaczek joined the company in 2012 and had served as its sales and marketing director since then.

“John has been an invaluable member of the Diva family and key part of our success,” the company’s co-founder and VP Carinne Chambers said.  “His experience, wisdom, and business strategies have helped our company grow exponentially and achieve unprecedented success. We have no doubt John will continue to be an asset as he guides our team in his new role.”

Szustaczek’s promotion comes as Diva International is bringing various new hires aboard to its consumer support, accounting and sales departments to accompany the company’s growth. 

“I’m very excited to take on this new role,” Szustaczek said. “I’m proud to continue leading a team of outstanding individuals who have contributed to Diva’s growth and I am confident that we will continue to pioneer advancements and innovations in the categories of women’s health.”

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Coty grows Brazil distribution, footprint with Hypermarcas beauty acquisition

BY David Salazar

Coty moves into Brazil with Hypermarcas beauty, personal care acquisition
 
NEW YORK — Coty on Monday announced that it would be acquiring Brazilian pharmaceutical company Hypermarcas’ beauty and personal care business for about $1 billion in cash. As of 2014, Hypermarcas’ beauty business brought in some $253.5 million in net revenue in the world’s third-largest beauty and personal care market. 
 
“We are excited to announce the acquisition of the Beauty Business of Hypermarcas, a leading beauty and personal care business in one of the world’s most important retail markets. We expect that the strength of the brands, the impressive leadership team and its robust infrastructure will enhance Coty’s competitive position and very much complement our contemplated merger with the P&G Specialty Beauty Business. Today’s announcement is another step in our progression towards creating a pure-play global leader and challenger in Beauty.”
 
Among the brands being acquired by Coty are body/hair care brand Monange, Brazil’s market-leading nail polish brand Risqué, Brazil’s leading men’s care brand Bozzano, the country’s largest skin care brand Paixão and the country’s best-selling hair color brand Biocolor. 
 
In addition, the beauty business’ manufacturing and distribution is expected to be a platform through which Coty can integrate its existing brands and the P&G specialty brands that the company hopes to finish acquiring in the second half of 2016. 
 
The Hypermarcas deal is expected to close by the end of March 2016. 
 

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Skinfix rolls out diabetic skin care line

BY David Salazar

HALIFAX, Nova Scotia — Skinfix on Monday announced the launch of its Diabetic Relief Skincare Regimen — just in time for National Diabetes Awareness Month — to assist the one-third of diabetes patients the American Diabetes Association says develop a skin problem.  
 
"The skin health needs of someone living with diabetes are very different than someone who suffers from general dry skin," Skinfix president Amy Gordinier-Regan said. "As the experts in healing dry and irritated skin, we created a safe, gentle and natural body skincare regimen that will make a difference in the overall skin health of people living with diabetes."
 
The diabetes regimen includes Skinfix’s Moisturizing Body Wash ($19.99), Daily Relief Lotion ($19.99), Hand Relief Cream ($15.99), and Healing Foot and Leg Balm ($17.99). The lotion and body wash contain coconut and jojoba oils, among others, and the hand cream and lotion are aimed at repairing cracked skin that results from poor circulation or diabetes.
 
The products are currently on sale at Rite Aid and Skinfix.com

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