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7 Mar

Beauty Executive Moves at Tom Ford Beauty and MAC

Beauty Executive Moves at Tom Ford Beauty and MAC
L’Oréal Promotes Marc Toulemonde to Chief Digital & Marketing Officer Marc Toulemonde is L’Oréal USA’s latest chief digital & marketing officer. Photo courtesy of L'Oréal USA Following last week’s announcement of Nicolas Hieronimus as L’Oréal’s next chief executive officer, changes are also afoot at L’Oréal USA. Marc Toulemonde has been named chief digital & marketing officer, succeeding Gretchen Saegh-Fleming, effective Nov. 16. Toulemonde, who joined the firm in 1995, has served as president of L’Oréal USA’s lively cosmetics division since 2014, which grew fivefold under his tutelage, in line with a press release from the corporate. The business’ digital share grew from 16 to 36 percent during his tenure. Christina Fair was also promoted to president of the lively cosmetics division for North America, who...
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6 Mar

Why U.S. Cosmetics Sales Are Suffering

Why U.S. Cosmetics Sales Are Suffering
The prestige makeup world is a murky place immediately, particularly within the U.S. market. Industry sources said numbers from the NPD Group in the primary quarter showed significant declines in sales across a few of the biggest makeup brands, including MAC, Urban Decay, and Anastasia Beverly Hills — which is alleged to be down greater than 20 percent. The corporate didn't immediately reply to a request for comment. Other big name brands, including Bobbi Brown, Smashbox, Tarte, Stila and Chanel makeup, were also said to have posted dips within the quarter. In all, NPD said makeup sales were down 3 percent through April. Industry sources questioned those numbers, saying that the agency can’t track exclusive or direct-to-consumer brands, and that sales from those...
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1 Mar

NYX Cosmetics’ Toni Ko Launches Bespoke Beauty Brands

NYX Cosmetics’ Toni Ko Launches Bespoke Beauty Brands
NYX Cosmetics founder Toni Ko, who sold the corporate to L’Oréal in 2014 for a reported $500 million, is making her return to beauty with Bespoke Beauty Brands, an “incubator” partnering with influencers to launch area of interest beauty brands. “My life goal is to construct one other successful company,” said Ko, who’s based in Los Angeles. “…I got here here after I was 13 years old, a first-generation immigrant.” With parents within the cosmetics industry, in retail and later working as wholesalers, Ko was immersed within the business growing up and would find yourself working for them full-time. On the age of 25, she saw a spot out there and, after receiving a $250,000 loan from her parents, began NYX Cosmetics. Any...
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