In Brief: Avon
This article was originally published in The Rose Sheet
Executive Summary
Avon: Entering South African market with the acquisition of direct sales beauty company Justine, the firm said Feb. 5. The deal, scheduled for completion by March, will give Avon a foothold in the African market. The company said it will begin selling 250 of its cosmetic, skin care and personal care products in South Africa during the second half of 1996. Initially, Avon products will be imported from the U.S. and Europe, Avon said. Justine, currently South Africa's second largest cosmetics direct seller, with 10,000 representatives, will continue to sell prestige-priced products in South Africa under the Justine name. South Africa is the 14th international market Avon has entered since 1990. Avon noted it is also investigating future expansions into Bulgaria, Rumania and Vietnam...
You may also be interested in...
OCA Applauds Organic Board's Recommendation To USDA: "Outlaw Nanotech"
With a push from the Organic Consumers Association, the National Organic Standards Board is recommending that the use of nanotechnology be strictly prohibited from products certified under the National Organic Program
Beauty Claims Inch Closer To Pharma As Cosmeceutical Sector Expands
Though global market-size estimates differ, analysts at SupplySide West 2010 in Las Vegas agreed that cosmeceuticals remain a promising growth vehicle
Marketing In Brief
ModiFace launches forecasting tool: Toronto-based virtual makeover firm introduces ShadeCast, a makeup sampling and forecasting tool based on behavioral tracking. ShadeCast is used in conjunction with iPhone application MakeUp, which allows consumers to virtually try on makeup in hundreds of shades from brands including Revlon, Cover Girl, Lancome and Clinique. ShadeCast offers 1,000 cosmetic shades from 40 brands and assigns a ShadeScore "to approximately position the [app's] hottest and most sampled color." ModiFace exec Nikkie Gatto likens the app to radio music playlists, helping consumers "looking to capture the current look, but also provide vital market intelligence to our retail channel partners," she says in Nov. 3 release. "The value of data to demonstrate the aggregate behavior will help the industry predict the latest trends and help cosmetic manufacturers better understand the color and products which most resonate with online and iPhone virtual makeover users," the company says