Beautology introduces Chemistry Salon Labs hair care collection, announces FIT scholaships
CHICAGO Beautology Brands Co. has introduced its Chemistry Salon Labs collection of hair care products and announced that it is donating scholarships to students in Cosmetics & Fragrance Marketing at the Fashion Institute of Technology in New York.
The new Chemistry Salon Labs collection includes cleanse daily shampoo, condition daily moisture, hydrate leave-in conditioner, repair heat activated hair & scalp masque, prep hair priming blow-dry tonic, volume root lift elixir, thick thinning hair therapy and tame humidity fighting shine serum.
The products are infused with Pro-Keragen Complex, a blend of vitamins and nutrients that work to hydrate, repair and protect hair, address and rectify common hair care complains and issues.
In related news, the brand is supporting the next generation of hair care innovators by donating five $1,000 scholarships to students majoring in Cosmetics & Fragrance Marketing at FIT in New York.
The program admits 25 students each year. It celebrates its 20th anniversary this year and is the only program of its kind to offer a Bachelor of Science degree in the field of Cosmetics & Fragrance Marketing in the United States. Students applying for the major in the 2008-09 academic year will be eligible for the scholarship.
L’Oreal releases “Horton Hears A Who!” children’s hair care
NEW YORK L’Oreal Paris has announced the launch of its new L’Oreal Kids “Horton Hears A Who!” collection of children’s shampoos.
Each shampoo in the limited edition collection features the cleansing and conditioning formulas with fruity scents for children. Horton’s Whoberry and Kangaroo’s MangoRoo smoothie-based formulas are designed to help minimize split ends, while The Mayor’s Melon and Jo Jo’s Juicy Cherry condition for more manageable hair.
Like all L’Oreal Kids’ Extra Gentle 2-in-1 Shampoos, the “Horton Hears A Who!” formulas promise no tears and no knots. They join the existing line of Extra Gentle 2-in-1 Shampoos for a limited time only. The suggested retail price is $2.99.
The launch coincides with the March 2008 release of the movie, in which the makers of the blockbuster animated hit “Ice Age” team with comedians Jim Carrey and Steve Carell to bring to life Dr. Seuss’ classic tale.
Inter Parfums 2007 sales up 21 percent
NEW YORK Inter Parfums, a prestige perfume and cosmetics manufacturer, reported fourth-quarter net sales rose 32 percent to $119.4 million for the period ended Dec. 31, 2007, up from $90.2 million in the same period a year ago. Net income for the quarter rose 57 percent to $8.6 million.
“As did many of our peers, we entered the fourth quarter of 2007 with much trepidation, and looked to contain costs and brace for a turbulent holiday season,” stated Jean Madar, chairman of the board and chief executive officer. “With fourth-quarter sales far exceeding our expectations, fourth-quarter profits came in considerably better than anticipated, and as a result, our net income and diluted earnings per share surpassed our prior 2007 guidance.”
For the full year, Inter Parfums reported record net sales of $389.6 million, up 21 percent from $321.1 million in 2006. Net income for the year increased 34 percent to $23.8 million from $17.7 million in 2006. A 15 percent increase in U.S.-based sales, which approximated $58.8 million, was due to Inter Parfums’ specialty retail business with Gap, Banana Republic and New York & Company.
“With regard to U.S.-based operations, among the highlights of the past year was the launch and rollout of personal care, fragrance, grooming and home fragrance products that we developed for Gap stores in North America,” Madar stated. Inter Parfums also rolled out a line with New York & Company and signed an agreement in November with Brooks Brothers to produce personal care products for the chain.