NPD: Lip color gets its groove back
PORT WASHINGTON, N.Y. — The total prestige lip segment rose 7% to $185.2 million in U.S. department stores, with the shining star being lip color, according to beauty market research conducted by NPD.
NPD reported that year-to-date, January through April 2011, the total prestige lip segment — which includes lip color, lip liner, lip gloss and lip applicators — rose 7% to $185.2 million in U.S. department stores and 4% in units to 9.8 million. Lip color took center stage with an increase of 11% in dollars ($92.1 million), compared with January through April 2010.
After almost a decade of declining sales, lip color began to show growth again last year. Since February 2010, lip color has experienced 15 months of steady dollar growth, with seven of those months posting double-digit increases, including April 2011 (up 30%). Annual 2010 results were the first time since 2002 that lip color saw a unit increase, 8%, the highest increase since 1998.
"What is particularly noteworthy of the trend in lip color is that we are seeing these significant increases in sales at a time when overall usage of lip color appeared to be dropping off. Coming out of the recession, it seems that the consumers’ thirst for color and play was reawakened," stated Karen Grant, VP and senior global industry analyst for NPD. "In 2010, we saw the preference for rich, as well as retro colors, and in 2011 we are seeing new neutrals come to the fore. As the fashion industry increasingly features bold, as well as understated, lip statements on the runway and in advertisements, lip color appears to be getting its groove back."
P&G announces staff changes to beauty, grooming business
CINCINNATI — Procter & Gamble has announced a string of organizational changes, including the appointment of Patrice Louvet as president of global male grooming.
Louvet, president of global prestige, will serve as president of global male grooming, succeeding Charles "Chip" Bergh, who is retiring from P&G after 28 years of service to pursue his aspiration to be CEO of a major company, the company stated.
Joanne Crewes, current VP global SK-II and female beauty, Australasian, ASEAN, India, Japan and Korea, has been appointed president of global prestige, succeeding Louvet.
Louvet and Crewes will assume their new responsibilities effective July 1. Bergh will retire from P&G as of Sept. 1.
"We have the right team in place to continue growing P&G’s beauty and grooming business," P&G chairman, president and CEO Robert McDonald said. "Gina Drosos, who currently leads our female beauty business, Patrice Louvet, Joanne Crewes and their teams have deep, diverse and global experience in beauty. In fact, this new team, incumbent and new leaders alike, has nearly 300 years of collective beauty industry experience. I am confident we have the right experienced hands on this business and will continue to strengthen P&G’s global leadership in the beauty industry. We wish Chip great success and will build on the strong foundation he has laid in our grooming business over the past six years."
PLMA adds accent to annual show with Viva Latino pavilion
NEW YORK — The Private Label Manufacturers Association is highlighting brands that speak to Hispanic shoppers through a new pavilion that will be displayed at the group’s 2011 Private Label Trade Show in November.
PLMA said that with roughly 1-out-of-every-6 Americans being of Latino or Hispanic origin, its Viva Latino pavilion will showcase store-brand products, manufacturers and retailers that are targeting this growing demographic. The store brands that will be highlighted reflect Latino and Hispanic traditions, tastes and preferences — including products with Spanish and dual-language packaging and products that can cross ethnic lines to appeal to mainstream shoppers, PLMA said.
The group also will present the latest market research and product trends will be addressed in a series of special seminars and workshops.
The 2011 PLMA show will be held at the Rosemont Convention Center in Chicago and will feature more than 2,000 exhibit booths from leading manufacturers of private-label goods across virtually all food and nonfood product categories. For more information on the trade show, click here.