Elizabeth Arden acquires licenses for Justin Bieber, Nicki Minaj fragrance brands
NEW YORK — Elizabeth Arden has acquired from Give Back Brands the global licenses and certain related assets for the Justin Bieber and Nicki Minaj fragrance brands.
Someday, the first fragrance from popstar Justin Bieber, launched in U.S department stores in spring 2011. The second fragrance, Justin Bieber’s Girlfriend, is launching in U.S. department stores this summer. The first fragrance from R&B/hip hop artist Nicki Minaj is scheduled to launch at U.S. department stores this fall.
Terms of the deal were not disclosed. The company stated that it expects the transaction to be accretive to earnings beginning in the first half of fiscal 2013. Excluding the impact of this transaction, the company confirmed its fiscal 2012 guidance for net sales growth of 5% to 5.5% compared with the prior fiscal year, net income per diluted share of $1.95 to $2 and a gross margin increase of 200 to 250 basis points over fiscal 2011.
This guidance also excludes any expenses related to the previously announced acquisition of the Ed Hardy, True Religion and BCBGMaxAzria fragrance licenses, the company stated.
Elizabeth Arden’s brand portfolio includes Elizabeth Arden skin care, color and fragrance products; Prevage anti-aging formulas; the celebrity fragrance brands of Britney Spears, Elizabeth Taylor, Justin Bieber, Mariah Carey, Nicki Minaj, Taylor Swift, and Usher; the designer fragrance brands of Juicy Couture, Alfred Sung, BCBGMaxAzria, Ed Hardy, Geoffrey Beene, Halston, John Varvatos, Kate Spade, Lucky Brand, Rocawear and True Religion; and the lifestyle fragrance brands Curve, Giorgio Beverly Hills and PS Fine Cologne.
Soho Beauty sponsors Hollywood hair, makeup artist union
LOS ANGELES — SOHO Beauty was a sponsor of the quarterly Makeup Artists and Hair Stylists Guild I.A.T.S.E. Local 706 meeting held on June 3 in Burbank, Calif., and presented to the group its Professional Collection makeup brushes, the manufacturer announced.
I.A.T.S.E Local 706 is a guild in the entertainment industry representing makeup artists and hair stylists in feature films and television, commercials, “live” network television, all types of theatrical productions and Disneyland theme parks. Members create characters and win Academy Awards, Primetime and Daytime Emmys, Saturns, BAFTAs and every other award for makeup and hair styling artistry.
The Professional Collection is a 15-piece collection. Featuring brush heads made from natural and synthetic hairs, the Soho Professional Collection makeup brushes feature an ergonomic brush handle designed to conform to the natural contours of the hand, allowing for a better grip and more controlled application. These key features prevent hand fatigue, a common occurrence among makeup artists spending long hours on the set and backstage creating looks for the entertainment industry.
The Soho Professional Collection makeup brushes include a powder, blush, angled blush, highlighter, foundation, angled blender, all-over shadow, blender, crease, tapered contour, concealer, smudge, small shader, eyeliner, angled eyeliner, brow bush and kabuki brush with stand. The line is available now and retails between $6.99 and $19.99.
Soho Beauty also showcased its spring/summer 2012 collection of cosmetic bags, hard-sided beauty cases and the new line of beauty organizers. Each attendee went home with a Soho Beauty gift bag that included three brushes from the Professional Collection.
Soho Beauty hard-sided cases, cosmetic bags, makeup brushes and beauty organizers are available nationwide at such retailers as Walmart, Target, Walgreens, Duane Reade and CVS.
Georgia Tech creates network of baby boomers for in-home healthcare product testing
ATLANTA — The Georgia Institute of Technology on Tuesday announced the launch of HomeLab, a statewide network of adults 50 years of age and older recruited to evaluate the in-home usability and effectiveness of consumer products designed for the aging adult population.
HomeLab currently consists of 100 homes distributed throughout the state of Georgia; the network is expected to grow to 150 homes later this year and 550 homes by 2014.
Acccording to Georgia Tech, the HomeLab infrastructure lessens the burden for companies that need to find participants 50 years of age and older for extended in-home product testing. Because Georgia Tech collects detailed information about each HomeLab participant’s health and home up front, individuals can be rapidly recruited for targeted short- and long-term product testing.
“HomeLab provides an efficient means for companies to limit the cost of extensive user testing that is required to bring a product to market,” stated Brad Fain, director of HomeLab and a principal research scientist in the Georgia Tech Research Institute. “Evaluation of a pre-market or mature technology by Georgia Tech’s HomeLab will provide a company with documented evidence for marketing, regulatory compliance and product design.”
Georgia Tech currently serves as the independent product testing organization for the U.S. Arthritis Foundation, the Arthritis Society of Canada and Arthritis Australia. With the launch of HomeLab, GTRI will expand its product testing program to include extended in-home product evaluations, which will range from one month to one year in duration and involve 25 to 125 participants who are compensated for their time. HomeLab will provide companies with product design support, early product testing, and formal usability and effectiveness evaluations.