BEAUTY CARE

Goody introduces Luxe hair accessory line

BY Antoinette Alexander

ATLANTA Goody Products, which is part of Newell Rubbermaid’s portfolio of personal care brands, has unveiled its new line of hair accessories dubbed the Luxe collection.

The Luxe collection is comprised of four styles: Vine, Deco, Antique and Starburst. They range from classic to modern and capture the sleek lines of art deco, the charm and romance of vintage jewels, the whimsy and light of the constellations, and the expressions of vines and blooms.

The products feature StayPut Hold technology so they have a lasting hold.

The suggested retail price ranges between $2.99 and $6.99.

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Report predicts health and beauty as U.K.’s fastest growing retail sector

BY Antoinette Alexander

LONDON A greater number of male shoppers, price inflation and women’s quest for eternal youth will outweigh economic pressures in 2008, driving health and beauty products in the United Kingdom to be the fastest growing retail sector, according to recent research.

In its recent report, dubbed U.K. Health & Beauty Retailers 2008, Verdict Research, a subsidiary of Datamonitor, predicts that health and beauty will take the crown in 2008 as the U.K.’s fastest growing retail sector.

In 2007, consumer expenditure on health and beauty products rose by 4.7 percent to GBP15.6 billion ($30.8 billion), outperforming total UK retail as it has done in every year since 2003. That growth looks to be even stronger in 2008. It forecasts that health & beauty, at 5.7 percent growth, will be the fastest growing retail sector in 2008.

“In uncertain times people are still willing to spend money on making themselves look good and feel good,” stated Carol Ratcliffe, retail analyst at Verdict Research and author of the report. “If you’re holding back from buying expensive items, there is more scope for smaller indulgences. Health and beauty products are ideal for this: it doesn’t cost much to treat yourself and even premium brands are relatively accessible.”

Total sales of men’s toiletries are expected to grow by 7.7 percent in 2008 as wider availability and a better selection of brands and products encourage more men to try new products.

Price inflation is another important factor. Verdict expects these higher costs to be partly passed on to consumers in the majority of beauty categories, with inflation peaking in 2008 across the market as a whole.

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The Face Shop treatments available only at Walgreens

BY Antoinette Alexander

DEERFIELD, Ill. Korean beauty brand and retailer The Face Shop is expanding its U.S. presence by inking an exclusive deal with Walgreens to sell a selection of facial mask treatments beginning in late August.

The 10 facial masks are natural, cotton masks soaked in concentrated serums to deliver an intense, yet gentle facial in 15 to 20 minutes.

To support to the U.S. launch of the masks, The Face Shop will be giving away more than a million samples in shopping malls, beaches, parks, festivals, universities and Walgreens stores across the country. The masks will retail for $2.99 each or two for $5.

According to the beauty company, facial mask sheets are very popular in Korea and the rest of Asia, where consumers have a strong loyalty to the concept. The Face Shop sells more than a million mask sheets every month in Korea alone.

The Face Shop has 900 stores across Asia, annual sales of $500 million and serves customers in 19 different countries. In the United States, The Face Shop operates four stores in Queens, N.Y.; Palisades Park, N.J.; Chicago, and Santa Clara, Calif. It entered the U.S. market in late 2005 with the opening of a store in Manhattan but has since closed that location.

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