Stephane de la Faverie named general manager of L’Oreal’s Giorgio Armani Beauty
NEW YORK L’Oreal USA has promoted Stephane de la Faverie to general manager of Giorgio Armani Beauty, a division of L’Oreal USA’s Luxury Products Group.
Bringing more than 10 years of experience to the L’Oreal Group, in both operational and developmental roles, de la Faverie began his career in 1998 within the Lancome International division in Paris. In 2001, he joined the travel retail division as area manager for the Luxury Products Group, North America, overseeing the Lancome, Giorgio Armani, Ralph Lauren and Biotherm beauty brands. Soon after, he was appointed general manager, Lancome, Australia and in 2006 joined Lancome USA as vice president of marketing, overseeing both the skin care and fragrance categories.
“Stephane is a well-respected executive within the L’Oreal Group whose leadership and global vision make him an excellent choice for this role. I am confident that along with his team, the Giorgio Armani brand will continue its growth and success in the United States market,” stated Valerie Chapoulaud, president of the Luxury Products division of L’Oreal USA.
New data released on growth of cosmetics, toiletries market
NEW YORK The global cosmetics and toiletries market experienced growth in 2007, fueled in part by innovation in the skin care category, but did exhibit a slight slowdown compared with 2006, according to Euromonitor’s recently released 2008 cosmetics and toiletries data.
Registering a 6 percent growth over 2006, the global cosmetics and toiletries market represented only a slight slowdown compared with Euromonitor’s 2006 figures. The slight slowdown may be due to a weakened economic state in most developed markets and declining penetration of emerging markets, according to Euromonitor. However, the performance of skin care and sun care has helped maintain growth.
Sun care, although slowing slightly from its double-digit growth of previous years, remained the most dynamic sector in the industry reaching U.S. $6.9 billion in global sales for 2007.
The data also showed that Brazil was the largest single contributor to growth, with skin care, hair care and fragrances set to benefit the most from the strong demand in the country.
“Aside from major contributions from both the global skin and sun care sectors, our new data shows Brazil becoming a primary player in the industry and is expected to add U.S. $9.5 billion to global sales over the next five years, supplanting China as the No. 1 contributor to future growth,” stated Alexander Kirillov, global cosmetics and toiletries research manager. “Country rankings had a shake up in Western Europe, with the UK overtaking France and Germany in 2007 to become the region’s top beauty market.”
Rite Aid adds organics section, new Pure Spring fragrances
CAMP HILL, Pa. Rite Aid is bolstering its beauty offering and keeping with current trends with the addition of a new natural organics section in the bath and body department of many of its stores, as well as new fragrances under its exclusive Pure Spring bath and body collection.
“Consumers are always looking for the latest trends in skin care and bath and body,” stated Rite Aid senior vice president Bryan Shirtliff. “At Rite Aid, we’re giving them the best of the new trends and product lines they won’t find anywhere else along with the convenience of their neighborhood drug store.”
In a nod to the growing trend of consumers wanting more natural and organic products, beauty shoppers at Rite Aid will now find cosmetics, skin and sun care products, body lotions and more from such brands as Greenland, Body America—Organics with Attitude, Giovanni, Yardley, Jason Natural and Alba Botanica.
In addition, the new line of Rite Aid’s exclusive brand Pure Spring bath and body products features four scents based on current trends: Vanilla Cream, Juicy Apple, Cherry Blossom and Jasmine Tuberose.
As previously reported by Drug Store News, Delicious Brands, a maker of body and skin care products, has launched the c.booth derma skin care line to be sold exclusively at Rite Aid.
The c.booth derma skin care line is comprised of three sub-brands: derma M-36 for mature skin, derma C-24 for all skin types and derma P-17 for problem skin. The numbers 36, 24 and 17 signify the number of ingredients in the product. The 14-SKU color-coded line will retail for under $20 each.
According to president and chief executive and industry veteran Colleen Booth-Rothschild, the line will be exclusively at Rite Aid for one year.
To promote the new line, the company will doing in-store promotions such as sampling and advertising in the circulars at Rite Aid.
The retailer will also carry c.booth Skin Below The Chin, a therapeutic collection created for the entire body—below the chin. The line includes five products: Vitamin Complex pH-Balanced Body Cleanser, Repair and Replenish Body Moisturizer, Turn Back Time Body Scrub, Ceramide Night Renewal Body Creme and Vitamin E Nourishing Dry Oil Body Mist.