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Revlon signs actress Connelly

This article was originally published in The Rose Sheet

Executive Summary

Academy Award-winning actress Jennifer Connelly will join Revlon's roster of spokesmodels, brand announces July 21. Connelly will be featured in firm's global advertising campaigns and will be involved with company-sponsored philanthropic activities. "Revlon is one of the great iconic brands of today and I am thrilled to be part of a company that has done so much for women around the world," Connelly says. Actresses Jessica Alba and Beau Garrett were signed last year to represent the brand (1"The Rose Sheet" April 30, 2007, People In Brief)...

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Sales & Earnings In Brief

Revlon: New Revlon color cosmetics introduced this year helped boost fiscal 2008 second-quarter sales 6% in U.S., compared with prior-year period, to $216.4 mil., Revlon reports July 31. However, U.S. mass retail share for firm's Revlon and Almay brands, women's hair color, antiperspirants and beauty tools all declined slightly during the quarter, according to ACNielsen figures cited by the company. Revlon color cosmetics gave strong performance in Latin America, Asia Pacific and European markets, driving international sales up 10.3% to $160 mil. In June, Revlon completed sale of Bozzano line of men's hair care and shaving products, along with other "non-core brands" sold in Brazil, to Hypermarcas S.A. for roughly $104 mil. Firm says it is evaluating most appropriate use of $94 mil. in net proceeds anticipated after taxes and transaction costs. Revlon's net sales in second quarter were $376.4 mil., up 7.8%. Company booked $696.8 mil. for first half of FY 2008, an increase of 2.8% versus the prior-year period. Brand recently signed Jennifer Connelly as its newest spokesmodel (1"The Rose Sheet," July 28, 2008, In Brief)...

People In Brief

Cleary to head Coty Beauty U.S.: Coty taps George Cleary as president of Coty Beauty's U.S. business in a move that will further strengthen the leadership of the overall Coty Beauty portfolio, firm announces April 23. In his new role, Cleary will manage all Coty brands distributed in the U.S. and be responsible for seeking out new business ventures and collaborations, firm says. He will report to Coty Beauty President Hans Joachim Honigfort. Prior to joining Coty, Cleary spent 15 years with Johnson & Johnson, where he most recently headed customer and business development in emerging markets such as China, Russia and Brazil. He has also served as managing director of Johnson & Johnson Caribbean and is credited with increasing the division's top-line growth and restoring profitability in a "rapidly declining region." Furthermore, Clearly contributed to the success of Aveeno, Clean & Clear and ROC, Coty says. Coty combined its mass businesses under Coty Beauty in March (1"The Rose Sheet" March 5, 2007, In Brief)...

EU Consults On What Constitutes Personal & Commercially Confidential Data In Marketing Applications

Based on their experience with dealing with requests for access to documents over the past 12 years, EU regulators have proposed updating their guideline that provides for a harmonized approach to protecting personal data and business secrets in marketing authorization applications.

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