P&G’s beauty, grooming segments see growth
CINCINNATI — Procter & Gamble announced on Thursday that its beauty and grooming segments posted single-digit increases in net sales during the third quarter.
Beauty net sales rose 5% to $4.9 billion, on 5% volume growth. Organic volume, which excludes the net impact of Zest and minor fragrance divestitures, increased 6%, and organic sales grew 4%. The company noted that volume growth was driven by double-digit growth in developing regions, while volume in developed regions was flat.
Net earnings in the beauty segment decreased 3% to $547 million as lower operating margin more than offset the impact of sales growth.
In grooming, net sales rose 8% to $1.9 billion on a 2% increase in volume. Organic sales were up 7%. Price increases did add 5% to net sales growth behind blades and razors, and lower promotional activity in Latin America and across the developed regions.
Net earnings in the grooming segment increased 1% to $379 million driven by net sales growth and operating margin expansion, partially offset by a higher effective tax rate.
Net sales for the company rose 5% to $20.2 billion on 5% unit volume growth. Organic sales grew 4%. Diluted earnings per share from continuing operations were 96 cents, up 16% compared with the year-ago period.
"The growth fundamentals of our business are strong," stated Bob McDonald, P&G chairman, president and CEO. "We delivered broad-based volume, sales and market share growth, and grew EPS in a very difficult operating environment. We increased our dividend for the 55th consecutive year by 9%. We continue to advance our purpose-inspired growth strategy of improving the lives of more consumers in more parts of the world, more completely."
Henkel’s Tone brand teams up with Sara Bareilles for Backstage Pass Artist Series
SCOTTSDALE, Ariz. — In celebration of its new Vino Moisture body wash with crushed grape and shea butter, Henkel’s Tone brand is partnering with Grammy-nominated artist Sara Bareilles.
From live chats and an online tour diary to backstage meet and greets, Tone brand is giving consumers access to the artist while she’s on tour this summer for her current album, Kaleidoscope Heart. Two fans will win the Tone Body Wash Ultimate Backstage Pass, an all-expenses-paid trip to New York City for a private picnic in the park with Bareilles prior to her show on Aug. 31.
Tone brand’s Backstage Pass Artist Series was launched in 2010 to give fans the opportunity to chat live with their favorite musicians through the brand’s Facebook page.
"We wanted to connect beyond the shower — be an inside source to new trends and ingredients," stated Jasmin Manner, GM of personal care at Henkel. "Through the Backstage Pass Artist Series, we are not only able to give fans access to highly influential female artists, but also give them a place to share their own inspirations and celebrate life’s everyday discoveries."
This year, Tone brand introduced Tone Vino Moisture with crushed grape and shea butter to its line of spa-inspired body washes. This blend treats skin to a hydrating, creamy lather full of crushed grape, shea butter and vitamin E.
Jonathan Antin shows off new Conair products at event
NEW YORK — Conair celebrity stylist spokesman Jonathan Antin was on site this week at the pop-up salon in New York City’s Soho Trump Hotel for the Arts & Cinema Media Centre to help promote the launch of Infiniti Pro by Conair styling tools.
The Arts & Cinema Media Centre, which ran in part during the Tribeca Film Festival, hosted the Conair Styling Suite, uniting film, art, culture, beauty and philanthropy during the three-day event, which ran April 25, 26 and 27.
As part of the event, Antin, along with a team of hair and makeup artists, primped and prepped celebrities for their red carpet premieres and appearances. "I’m here to represent the brand. I’ve been living in the world of Conair hair for 25 years, and it is such an easy collaboration and the synergy is perfect," Antin told Drug Store News during the event.
The new Infiniti Pro by Conair AC motor-powered hair dryers are designed to be more durable, fast-drying and longer-lasting. The AC motors use a high-pressure fan that produces more air pressure than a standard DC motor-powered dryer, which results in reduced drying time. These AC motor-powered dryers are expected to have up to three times the motor life of a regular DC motor-powered dryer.
Ceramic technology is designed to promote healthy-looking hair with even heat distribution, and ionic technology is designed to reduce frizz and enhance shine. Another key feature is the true cold shot button, which is engineered to generate cold air when the switch is engaged.
The collection includes the 1,875-watt salon performance AC motor styling tool and the 1,875-watt performance styling tool for travel with twist folding handle. These dryers currently are available at retail and have a suggested retail price of $34.99 each. Launching in June is the 1,875-watt AC motor 2-in-1 styling rool, which is equipped with a pick to lift the hair for a volume boost. The suggested retail price is $39.99.
The new SOHO beauty cases also debuted in the Conair Styling Suite. The Eye Pop collection features a trendy metallic finish and comes in black, silver and fuchsia. To easily organize beauty essentials, the Eye Pop cases feature pullout trays and multitier accordion shelving. They are available at Walgreens for $29.99.