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    [title] => Elemis Expands Into Ulta
    [short_title] => Skin care selections to arrive in store and online this August.
    [summary] => Skin care selections to arrive in store and online this August.
    [slug] => elemis-expands-into-ulta
    [body] => Elemis is now available on Ulta.com and will then roll out into select Ulta Beauty stores in August. The Ulta Beauty offerings will include three exclusive starter kits, featuring the bestselling, skin-firming Pro-Collagen line, the vegan-friendly Superfood products and the new wellness inspired Peptide 24/7 range. There will also be a curated assortment of core Elemis SKUs selected to appeal to the broad Ulta Beauty guest demographic, according to the company. 
 
“Partnering with Ulta Beauty creates the perfect synergy, because our brands align so well,” says Elemis president Noella Gabriel. “Expanding our consumer reach with such a progressive multi-specialty beauty retailer has been a key objective for our US growth and we are excited to have forged this strong relationship with Ulta Beauty. We both understand the beauty enthusiast and want to provide her with access to the best.  We’re thrilled that U.S. customers will now be able to shop our award-winning skincare in their very own neighborhoods.” 
 
Elemis will expand new product offerings through 2018 and beyond at Ulta Beauty and Ulta.com.
 
  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-07-17 07:29:00 [updated_at] => 2018-07-16 15:01:41 [last_updated_author] => 142084 [uploaded_by] => 142084 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["284807","281964","284845","272385","271779","268191","272875","282985","282692","273602","279530","276410","288203","269592","282483"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 [contentType] => ContentType Object ( [className] => ContentType [content] => Array ( ) [taxonomy] => Array ( ) [listURL] => [logoUrl] => https: [id] => 2487 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => content_types [tag] => breaking_news [short_tag] => breaking_news [class_name] => [display_view] => [list_view] => [slug] => breaking-news [box_view] => [ignore_flag] => 0 [image_id] => 0 [layout_id] => 0 [formattedTag] => Breaking News ) [viewURL] => /contents/view_breaking-news/2018-07-17/elemis-expands-into-ulta/ [relatedArticles] => Array ( [0] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 268191 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 9 [layout_id] => 0 [primary_image] => 160519 [primary_image_old] => [slider_image_id] => 160519 [banner_image] => 0 [title] => Edgewell Personal Care Acquires Jack Black [short_title] => Edgewell Personal Care Acquires Jack Black [summary] => Shaving and suncare company moves into men’s luxury skincare and grooming market. [slug] => edgewell-personal-care-acquires-jack-black [body] => Edgewell Personal Care Company is acquiring upscale men’s skin care brand Jack Black, L.L.C.

Founded in Dallas in 2000, Jack Black was an early pioneer and innovator in the growing men's skincare industry and today is a leader in the US. men's prestige skincare market.  The brand offers a full range of products including skincare, body care, shaving, hair care, fine fragrance, razors, and gift sets.

Jack Black's largest markets are in the US and Canada, where it is a top selling brand at retailers such as Nordstrom, ULTA Beauty, Neiman Marcus, Bloomingdale's, Dillard's and Sephora.  Additionally, Jack Black boasts industry-leading eCommerce growth and penetration via the online platforms of its prestige retail partners, Amazon Luxury Beauty, and its own website, getJackBlack.com, according to Edgewell, which owns Schick and Wilkinson Sword men's and women's shaving systems and disposable razors and Banana Boat and Hawaiian Tropic suncare, among other personal care prdoucts.

"As a challenger company in men's grooming, Edgewell has continuously pressed beyond category conventions to bring unique solutions and innovation, such as Schick Hydro and Bulldog skincare, to satisfy men's everyday grooming needs," said Colin Hutchison, Edgewell's COO. "Similarly, Jack Black is a breakthrough brand, driving the growth of the luxury men's category through product innovation and cultivation of a highly engaged, loyal and growing customer base. The Jack Black brand is a strong and complementary addition to Edgewell's portfolio based on its unique brand positioning, prestige channel footprint, and product assortment.  This acquisition creates opportunities to expand our personal care portfolio in growing categories in the U.S. and globally, while nurturing the strong brand equity that the Jack Black founders have developed."

"We are delighted to be joining Edgewell's family of brands. This is an excellent home for Jack Black, and we look forward to continuing to drive strong growth in North America and expanding our global presence," said Curran Dandurand, CEO of Jack Black. "We've built our leadership position in the U.S. by providing superior skin care products using the best ingredients, that work as advertised, and are never tested on animals. We're very excited about the future and about sharing our products with more people throughout the world." 

Terms of the transaction were not disclosed. [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-01-18 08:41:00 [updated_at] => 2018-01-18 09:46:08 [last_updated_author] => 166831 [uploaded_by] => 166831 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["254239","261575","258283","259167","257143","257717","253655","261659","258529","258296","261642","253664","253721","253289"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [1] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 269592 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 9 [layout_id] => 0 [primary_image] => 161577 [primary_image_old] => [slider_image_id] => 161577 [banner_image] => 0 [title] => Estée Lauder Companies Q2 Sales Rise 17% [short_title] => Estée Lauder Companies Q2 Sales Rise 17% [summary] => Skin care up sharply globally, as slower foot traffic impacts US makeup sales. [slug] => estee-lauder-companies-q2-sales-rise-17 [body] => For the second quarter ended December 31, 2017, the Estée Lauder Companies Inc.’s net sales were $3.74 billion, an increase of 17%, compared with $3.21 billion in the prior-year quarter. Incremental sales from the company’s acquisitions of Too Faced and Becca contributed approximately two percentage points of the reported sales growth.
 
Net earnings were $123 million, and include provisional one-time charges of $394 million related to the U.S. Tax Cuts and Jobs Act (TCJA) that was signed into law in December 2017. On a diluted earnings per share basis, including the one-time charges and restructuring and other charges, the company earned $.33. In the prior-year second quarter, the company reported net earnings of $428 million and diluted earnings per share of $1.15. Adjusting for the restructuring and other charges and the impact of the TCJA provisional charges, diluted net earnings per common share for the three months ended Dec. 31, 2017 increased 25% to $1.52, and in constant currency rose 23%.
 
“In our second quarter we continued our strong momentum and generated stellar results. In constant currency, our sales grew 14%, led by exceptional strength in travel retail, global online and Asia, along with strong double-digit growth in several markets in Europe, including Italy and Benelux,” said Fabrizio Freda, president and CEO. “We delivered double-digit sales gains across most product categories and many brands, including Estée Lauder, luxury brands and most mid-sized brands. In the holiday season, our brands achieved outstanding results from their e-commerce businesses, and customizable gift options were significant contributors. These elements, along with our accelerating cost saving efforts and our progress executing our Leading Beauty Forward initiatives, resulted in an impressive adjusted 23% earnings per share growth in constant currency.

According to Freda, ELC’s strong results, “combined with future benefits we expect from the passage of the new Tax Cuts and Jobs Act, further enhance our ability to strategically invest in faster-growing areas of prestige beauty to attract new consumers. Our strategy is sound and effective, and we have the brands, resources and talent to continue above-industry growth in our second half and full fiscal year.”

In skin care, net sales increased sharply, with exceptional double-digit gains from Estée Lauder, La Mer, Origins and Glamglow, and strong growth from Clinique. The Estée Lauder brand grew globally, particularly in China and travel retail, due largely to the continued success of the recently launched Advanced Night Repair Eye Concentrate Matrix and gains in other Advanced Night Repair products. La Mer was driven by the success of new products in its Genaissance collection, the launch of The Moisturizing Matte Lotion, gains from existing products, and targeted expanded consumer reach. Origins generated sales growth in every region, particularly Asia, as well as in travel retail due to the continued success of several product lines in the facial mask and moisturizer sub-categories. Sales gains from Glamglow reflected additional product assortments and targeted expanded consumer reach. Clinique’s sales gains reflected increases in the brand’s Moisture Surge product line.

These increases were partially offset by lower skin care sales from Aveda, which faced an unfavorable comparison to the prior-year period due to the launch of the brand’s Tulasara line of products, ELC said.

Strong sales growth in makeup was primarily driven by incremental sales from the company’s fiscal 2017 second quarter acquisitions of Too Faced and Becca, exceptionally strong double-digit increases from Tom Ford, and strong double-digit gains from Estée Lauder. Higher makeup sales were also generated from M•A•C. Sales from Tom Ford were driven primarily by strength in the eyeshadow and lip color sub-categories. At Estée Lauder, higher sales were fueled by the Double Wear foundation and Pure Color lip product lines. The higher sales from M•A•C were due to strong growth in the Asia/Pacific region, particularly China and Hong Kong, and in travel retail, as well as success in the specialty-multi channel in the United States.

These increases were partially offset by lower makeup sales in the United States, reflecting slow foot traffic in some US brick-and-mortar stores.

Fragrance net sales increased, primarily due to strong double-digit gains from our luxury brands and Estée Lauder, noted ELC. Jo Malone delivered outstanding double-digit growth in travel retail and generated sales increases in every region, with double-digit growth in Europe and Asia/Pacific, reflecting strong growth from existing fragrances, targeted expanded consumer reach and the recent launch of the English Oak fragrances.

Increased sales from Tom Ford reflect, in part, the continued success of the Private Blend line of fragrances, including new product launches and growth from existing fragrances. Le Labo, By Kilian and Editions de Parfums Frédéric Malle each benefitted from growth in existing products and new launches and targeted expanded consumer reach.

Hair care sales rose reflecting gains from Aveda and Bumble and bumble. Aveda grew, driven by solid performance in the online channel, while growth from Bumble and bumble was driven by the launch of the brand in Ulta Beauty. Partially offsetting the sales growth was softness in the salon channel, which impacted both brands, and lower sales in freestanding stores for Aveda.
  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-02-02 04:28:00 [updated_at] => 2018-02-02 06:35:38 [last_updated_author] => 166831 [uploaded_by] => 166831 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["257717","266695","267615","267841","269150","265420","261499","255650","255484","261114","266640","263618","261836","258669","264101","255638"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [2] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 271779 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => 2018-03-01 [author_name] => {"name":"","title":""} [magazine_id] => 9 [layout_id] => 0 [primary_image] => 0 [primary_image_old] => [slider_image_id] => [banner_image] => 0 [title] => Edgewell Buys Jack Black [short_title] => [summary] => [slug] => edgewell-expands-mens-grooming-with-jack-black [body] => Edgewell Personal Care Company is acquiring upscale men’s skin care brand Jack Black, L.L.C. Founded in Dallas in 2000, Jack Black was an early pioneer and innovator in the growing men’s skin care industry and is a leader in the e U.S. men’s prestige skin care market. The brand offers a full range of products including skin care, body care, shaving, hair care, fine fragrance, razors and gift sets.


Jack Black’s largest markets are in the US and Canada, where it is a top selling brand at retailers such as Nordstrom, Ulta Beauty, Neiman Marcus, Bloomingdale’s, Dillard’s and Sephora. Additionally, Jack Black boasts industry-leading eCommerce growth and penetration via the online platforms of its prestige retail partners, Amazon Luxury Beauty, and its own website, getJackBlack.com.


“As a challenger company in men’s grooming, Edgewell has continuously pressed beyond category conventions to bring unique solutions and innovation, such as Schick Hydro and Bulldog skin care, to satisfy men’s everyday grooming needs,” said Colin Hutchison, Edgewell’s COO. “Similarly, Jack Black is a breakthrough brand, driving the growth of the luxury men’s category through product innovation and cultivation of a highly engaged, loyal and growing customer base. The Jack Black brand is a strong and complementary addition to Edgewell’s portfolio based on its unique brand positioning, prestige channel footprint, and product assortment.  This acquisition creates opportunities to expand our personal care portfolio in growing categories in the US and globally, while nurturing the strong brand equity that the Jack Black founders have developed.”


“We are delighted to be joining Edgewell’s family of brands. This is an excellent home for Jack Black, and we look forward to continuing to drive strong growth in North America and expanding our global presence,” said Curran Dandurand, CEO of Jack Black. “We’ve built our leadership position in the US by providing superior skin care products using the best ingredients, that work as advertised, and are never tested on animals. We’re very excited about the future and about sharing our products with more people throughout the world.”  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-03-01 10:23:00 [updated_at] => 2018-03-01 08:54:22 [last_updated_author] => 142074 [uploaded_by] => 0 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["268191","257143","257717","261659","261850","257958","267955","258898","258529","258296"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [3] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 272385 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 9 [layout_id] => 0 [primary_image] => 163309 [primary_image_old] => [slider_image_id] => 163309 [banner_image] => 0 [title] => Mamonde Arrives at Ulta [short_title] => AmorePacific's K-beauty brand is now stateside. [summary] => AmorePacific's K-beauty brand is now stateside. [slug] => mamonde-arrives-at-ulta [body] => Popular K-beauty brand Mamonde by AmorePacific is launching in the US at select Ulta doors nationwide, celebrating the brand's successful expansion outside of Asia. Aiming to simplify K-beauty, Mamonde features a full range of nature-inspired, award-winning skin care products that harness the beauty, energy and vitality of the flowers cultivated in the Mamonde Garden just outside of Seoul, South Korea, said the company.

Mamonde's exclusive partnership with Ulta is one that both brands expect to continue to blossom. 

"We're delighted to be the exclusive US brick and mortar retailer for Mamonde, with many additional items especially developed for Ulta Beauty. Mamonde, true to AmorePacific's deep heritage of innovation and trend leadership, is a fabulous addition to our continuously growing assortment of K-beauty products. Mamonde is botanical, nature-inspired and simplistic, even combining the ritualistic double cleanse routine into a single, rose-scented step," said Penny Coy, Ulta vice president merchandising, prestige skincare and fragrance.

With this brick and mortar launch comes great opportunity.

"We are thrilled to have Ulta as the exclusive retail partner for Mamonde. This brand is very special so it was important to find the right partner to help support its beautiful story," said Jessica Hanson, president and general manager AmorePacific US. "We are excited to be able to offer consumers a range of simplified K-beauty products that deliver beautiful skin benefits.  

[views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-03-06 07:07:00 [updated_at] => 2018-03-05 15:11:18 [last_updated_author] => 142084 [uploaded_by] => 142084 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["264428","261499","269228","266866","260631","264967","261081","259409","271908","256841","260140","266797","258898","271779","258359","263962","267414","270105"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [4] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 272875 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 9 [layout_id] => 0 [primary_image] => 163657 [primary_image_old] => [slider_image_id] => 163657 [banner_image] => 0 [title] => Alguronic Acid Skin Care Is In Demand [short_title] => Algenist’s Power collection is now sold in Ulta stores. [summary] => Algenist’s Power collection is now sold in Ulta stores. [slug] => alguronic-acid-skin-care-is-in-demand [body] => High-performance algae-based skin care brand Algenist is branching out. Its preventative vegan skin care product collection, Power, is now available at Ulta.
 
Skin is exposed to harsh environmental factors on a regular basis, which can lead to fatigued skin and the first signs of aging: fine lines and dull, uneven texture. The Power collection addresses these concerns through the use of patented Alguronic Acid, which is naturally sourced and sustainably produced from algae, and our exclusive AlgaProtein. By expanding the collection’s distribution to Ulta, the brand has made these products even more accessible for those looking to reenergize skin for a more luminous, smoother complexion.
 
“With so many skin care products on the market, consumers are often confused about which products to try when they start noticing the very first signs of skin aging,” said Tammy Yaiser, vice president of product development at Algenist. “Our Power collection alleviates this confusion by offering products ideal for those who are just starting to see fine lines, dullness and uneven texture. Rich in Alguronic Acid and AlgaProtein, Power is perfect for those looking to maintain a glowing, youthful complexion.” [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-03-09 08:11:00 [updated_at] => 2018-03-09 08:20:20 [last_updated_author] => 142084 [uploaded_by] => 142084 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["272385","264428","261499","269228","266866","260631","264967","261081","259409","271908","269184","271708","257669","261517","269143","258355","265508","265650","265708","255407"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) ) [relatedContent] => Array ( [0] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 268191 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 9 [layout_id] => 0 [primary_image] => 160519 [primary_image_old] => [slider_image_id] => 160519 [banner_image] => 0 [title] => Edgewell Personal Care Acquires Jack Black [short_title] => Edgewell Personal Care Acquires Jack Black [summary] => Shaving and suncare company moves into men’s luxury skincare and grooming market. [slug] => edgewell-personal-care-acquires-jack-black [body] => Edgewell Personal Care Company is acquiring upscale men’s skin care brand Jack Black, L.L.C.

Founded in Dallas in 2000, Jack Black was an early pioneer and innovator in the growing men's skincare industry and today is a leader in the US. men's prestige skincare market.  The brand offers a full range of products including skincare, body care, shaving, hair care, fine fragrance, razors, and gift sets.

Jack Black's largest markets are in the US and Canada, where it is a top selling brand at retailers such as Nordstrom, ULTA Beauty, Neiman Marcus, Bloomingdale's, Dillard's and Sephora.  Additionally, Jack Black boasts industry-leading eCommerce growth and penetration via the online platforms of its prestige retail partners, Amazon Luxury Beauty, and its own website, getJackBlack.com, according to Edgewell, which owns Schick and Wilkinson Sword men's and women's shaving systems and disposable razors and Banana Boat and Hawaiian Tropic suncare, among other personal care prdoucts.

"As a challenger company in men's grooming, Edgewell has continuously pressed beyond category conventions to bring unique solutions and innovation, such as Schick Hydro and Bulldog skincare, to satisfy men's everyday grooming needs," said Colin Hutchison, Edgewell's COO. "Similarly, Jack Black is a breakthrough brand, driving the growth of the luxury men's category through product innovation and cultivation of a highly engaged, loyal and growing customer base. The Jack Black brand is a strong and complementary addition to Edgewell's portfolio based on its unique brand positioning, prestige channel footprint, and product assortment.  This acquisition creates opportunities to expand our personal care portfolio in growing categories in the U.S. and globally, while nurturing the strong brand equity that the Jack Black founders have developed."

"We are delighted to be joining Edgewell's family of brands. This is an excellent home for Jack Black, and we look forward to continuing to drive strong growth in North America and expanding our global presence," said Curran Dandurand, CEO of Jack Black. "We've built our leadership position in the U.S. by providing superior skin care products using the best ingredients, that work as advertised, and are never tested on animals. We're very excited about the future and about sharing our products with more people throughout the world." 

Terms of the transaction were not disclosed. [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-01-18 08:41:00 [updated_at] => 2018-01-18 09:46:08 [last_updated_author] => 166831 [uploaded_by] => 166831 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["254239","261575","258283","259167","257143","257717","253655","261659","258529","258296","261642","253664","253721","253289"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [1] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 269592 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 9 [layout_id] => 0 [primary_image] => 161577 [primary_image_old] => [slider_image_id] => 161577 [banner_image] => 0 [title] => Estée Lauder Companies Q2 Sales Rise 17% [short_title] => Estée Lauder Companies Q2 Sales Rise 17% [summary] => Skin care up sharply globally, as slower foot traffic impacts US makeup sales. [slug] => estee-lauder-companies-q2-sales-rise-17 [body] => For the second quarter ended December 31, 2017, the Estée Lauder Companies Inc.’s net sales were $3.74 billion, an increase of 17%, compared with $3.21 billion in the prior-year quarter. Incremental sales from the company’s acquisitions of Too Faced and Becca contributed approximately two percentage points of the reported sales growth.
 
Net earnings were $123 million, and include provisional one-time charges of $394 million related to the U.S. Tax Cuts and Jobs Act (TCJA) that was signed into law in December 2017. On a diluted earnings per share basis, including the one-time charges and restructuring and other charges, the company earned $.33. In the prior-year second quarter, the company reported net earnings of $428 million and diluted earnings per share of $1.15. Adjusting for the restructuring and other charges and the impact of the TCJA provisional charges, diluted net earnings per common share for the three months ended Dec. 31, 2017 increased 25% to $1.52, and in constant currency rose 23%.
 
“In our second quarter we continued our strong momentum and generated stellar results. In constant currency, our sales grew 14%, led by exceptional strength in travel retail, global online and Asia, along with strong double-digit growth in several markets in Europe, including Italy and Benelux,” said Fabrizio Freda, president and CEO. “We delivered double-digit sales gains across most product categories and many brands, including Estée Lauder, luxury brands and most mid-sized brands. In the holiday season, our brands achieved outstanding results from their e-commerce businesses, and customizable gift options were significant contributors. These elements, along with our accelerating cost saving efforts and our progress executing our Leading Beauty Forward initiatives, resulted in an impressive adjusted 23% earnings per share growth in constant currency.

According to Freda, ELC’s strong results, “combined with future benefits we expect from the passage of the new Tax Cuts and Jobs Act, further enhance our ability to strategically invest in faster-growing areas of prestige beauty to attract new consumers. Our strategy is sound and effective, and we have the brands, resources and talent to continue above-industry growth in our second half and full fiscal year.”

In skin care, net sales increased sharply, with exceptional double-digit gains from Estée Lauder, La Mer, Origins and Glamglow, and strong growth from Clinique. The Estée Lauder brand grew globally, particularly in China and travel retail, due largely to the continued success of the recently launched Advanced Night Repair Eye Concentrate Matrix and gains in other Advanced Night Repair products. La Mer was driven by the success of new products in its Genaissance collection, the launch of The Moisturizing Matte Lotion, gains from existing products, and targeted expanded consumer reach. Origins generated sales growth in every region, particularly Asia, as well as in travel retail due to the continued success of several product lines in the facial mask and moisturizer sub-categories. Sales gains from Glamglow reflected additional product assortments and targeted expanded consumer reach. Clinique’s sales gains reflected increases in the brand’s Moisture Surge product line.

These increases were partially offset by lower skin care sales from Aveda, which faced an unfavorable comparison to the prior-year period due to the launch of the brand’s Tulasara line of products, ELC said.

Strong sales growth in makeup was primarily driven by incremental sales from the company’s fiscal 2017 second quarter acquisitions of Too Faced and Becca, exceptionally strong double-digit increases from Tom Ford, and strong double-digit gains from Estée Lauder. Higher makeup sales were also generated from M•A•C. Sales from Tom Ford were driven primarily by strength in the eyeshadow and lip color sub-categories. At Estée Lauder, higher sales were fueled by the Double Wear foundation and Pure Color lip product lines. The higher sales from M•A•C were due to strong growth in the Asia/Pacific region, particularly China and Hong Kong, and in travel retail, as well as success in the specialty-multi channel in the United States.

These increases were partially offset by lower makeup sales in the United States, reflecting slow foot traffic in some US brick-and-mortar stores.

Fragrance net sales increased, primarily due to strong double-digit gains from our luxury brands and Estée Lauder, noted ELC. Jo Malone delivered outstanding double-digit growth in travel retail and generated sales increases in every region, with double-digit growth in Europe and Asia/Pacific, reflecting strong growth from existing fragrances, targeted expanded consumer reach and the recent launch of the English Oak fragrances.

Increased sales from Tom Ford reflect, in part, the continued success of the Private Blend line of fragrances, including new product launches and growth from existing fragrances. Le Labo, By Kilian and Editions de Parfums Frédéric Malle each benefitted from growth in existing products and new launches and targeted expanded consumer reach.

Hair care sales rose reflecting gains from Aveda and Bumble and bumble. Aveda grew, driven by solid performance in the online channel, while growth from Bumble and bumble was driven by the launch of the brand in Ulta Beauty. Partially offsetting the sales growth was softness in the salon channel, which impacted both brands, and lower sales in freestanding stores for Aveda.
  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-02-02 04:28:00 [updated_at] => 2018-02-02 06:35:38 [last_updated_author] => 166831 [uploaded_by] => 166831 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["257717","266695","267615","267841","269150","265420","261499","255650","255484","261114","266640","263618","261836","258669","264101","255638"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [2] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 271779 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => 2018-03-01 [author_name] => {"name":"","title":""} [magazine_id] => 9 [layout_id] => 0 [primary_image] => 0 [primary_image_old] => [slider_image_id] => [banner_image] => 0 [title] => Edgewell Buys Jack Black [short_title] => [summary] => [slug] => edgewell-expands-mens-grooming-with-jack-black [body] => Edgewell Personal Care Company is acquiring upscale men’s skin care brand Jack Black, L.L.C. Founded in Dallas in 2000, Jack Black was an early pioneer and innovator in the growing men’s skin care industry and is a leader in the e U.S. men’s prestige skin care market. The brand offers a full range of products including skin care, body care, shaving, hair care, fine fragrance, razors and gift sets.


Jack Black’s largest markets are in the US and Canada, where it is a top selling brand at retailers such as Nordstrom, Ulta Beauty, Neiman Marcus, Bloomingdale’s, Dillard’s and Sephora. Additionally, Jack Black boasts industry-leading eCommerce growth and penetration via the online platforms of its prestige retail partners, Amazon Luxury Beauty, and its own website, getJackBlack.com.


“As a challenger company in men’s grooming, Edgewell has continuously pressed beyond category conventions to bring unique solutions and innovation, such as Schick Hydro and Bulldog skin care, to satisfy men’s everyday grooming needs,” said Colin Hutchison, Edgewell’s COO. “Similarly, Jack Black is a breakthrough brand, driving the growth of the luxury men’s category through product innovation and cultivation of a highly engaged, loyal and growing customer base. The Jack Black brand is a strong and complementary addition to Edgewell’s portfolio based on its unique brand positioning, prestige channel footprint, and product assortment.  This acquisition creates opportunities to expand our personal care portfolio in growing categories in the US and globally, while nurturing the strong brand equity that the Jack Black founders have developed.”


“We are delighted to be joining Edgewell’s family of brands. This is an excellent home for Jack Black, and we look forward to continuing to drive strong growth in North America and expanding our global presence,” said Curran Dandurand, CEO of Jack Black. “We’ve built our leadership position in the US by providing superior skin care products using the best ingredients, that work as advertised, and are never tested on animals. We’re very excited about the future and about sharing our products with more people throughout the world.”  [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-03-01 10:23:00 [updated_at] => 2018-03-01 08:54:22 [last_updated_author] => 142074 [uploaded_by] => 0 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["268191","257143","257717","261659","261850","257958","267955","258898","258529","258296"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [3] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 272385 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 9 [layout_id] => 0 [primary_image] => 163309 [primary_image_old] => [slider_image_id] => 163309 [banner_image] => 0 [title] => Mamonde Arrives at Ulta [short_title] => AmorePacific's K-beauty brand is now stateside. [summary] => AmorePacific's K-beauty brand is now stateside. [slug] => mamonde-arrives-at-ulta [body] => Popular K-beauty brand Mamonde by AmorePacific is launching in the US at select Ulta doors nationwide, celebrating the brand's successful expansion outside of Asia. Aiming to simplify K-beauty, Mamonde features a full range of nature-inspired, award-winning skin care products that harness the beauty, energy and vitality of the flowers cultivated in the Mamonde Garden just outside of Seoul, South Korea, said the company.

Mamonde's exclusive partnership with Ulta is one that both brands expect to continue to blossom. 

"We're delighted to be the exclusive US brick and mortar retailer for Mamonde, with many additional items especially developed for Ulta Beauty. Mamonde, true to AmorePacific's deep heritage of innovation and trend leadership, is a fabulous addition to our continuously growing assortment of K-beauty products. Mamonde is botanical, nature-inspired and simplistic, even combining the ritualistic double cleanse routine into a single, rose-scented step," said Penny Coy, Ulta vice president merchandising, prestige skincare and fragrance.

With this brick and mortar launch comes great opportunity.

"We are thrilled to have Ulta as the exclusive retail partner for Mamonde. This brand is very special so it was important to find the right partner to help support its beautiful story," said Jessica Hanson, president and general manager AmorePacific US. "We are excited to be able to offer consumers a range of simplified K-beauty products that deliver beautiful skin benefits.  

[views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-03-06 07:07:00 [updated_at] => 2018-03-05 15:11:18 [last_updated_author] => 142084 [uploaded_by] => 142084 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["264428","261499","269228","266866","260631","264967","261081","259409","271908","256841","260140","266797","258898","271779","258359","263962","267414","270105"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) [4] => Content Object ( [className] => Content [contentLinks] => Array ( ) [belongsTo] => [contentIssue] => [id] => 272875 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => rodpub_beta ) [tableName] => contents [content_type_id] => 2487 [resource_id] => 0 [author_id] => 0 [primary_issue_slug] => [author_name] => {"name":"","title":""} [magazine_id] => 9 [layout_id] => 0 [primary_image] => 163657 [primary_image_old] => [slider_image_id] => 163657 [banner_image] => 0 [title] => Alguronic Acid Skin Care Is In Demand [short_title] => Algenist’s Power collection is now sold in Ulta stores. [summary] => Algenist’s Power collection is now sold in Ulta stores. [slug] => alguronic-acid-skin-care-is-in-demand [body] => High-performance algae-based skin care brand Algenist is branching out. Its preventative vegan skin care product collection, Power, is now available at Ulta.
 
Skin is exposed to harsh environmental factors on a regular basis, which can lead to fatigued skin and the first signs of aging: fine lines and dull, uneven texture. The Power collection addresses these concerns through the use of patented Alguronic Acid, which is naturally sourced and sustainably produced from algae, and our exclusive AlgaProtein. By expanding the collection’s distribution to Ulta, the brand has made these products even more accessible for those looking to reenergize skin for a more luminous, smoother complexion.
 
“With so many skin care products on the market, consumers are often confused about which products to try when they start noticing the very first signs of skin aging,” said Tammy Yaiser, vice president of product development at Algenist. “Our Power collection alleviates this confusion by offering products ideal for those who are just starting to see fine lines, dullness and uneven texture. Rich in Alguronic Acid and AlgaProtein, Power is perfect for those looking to maintain a glowing, youthful complexion.” [views] => 0 [published] => 1 [status] => 3 [priority] => 0 [publish_date] => 2018-03-09 08:11:00 [updated_at] => 2018-03-09 08:20:20 [last_updated_author] => 142084 [uploaded_by] => 142084 [user_role_id] => 0 [custom_fields] => [] [custom_fields_old] => [splitcontent] => 1 [content_url] => [related_content_ids] => ["272385","264428","261499","269228","266866","260631","264967","261081","259409","271908","269184","271708","257669","261517","269143","258355","265508","265650","265708","255407"] [is_show_company_name] => [created_at] => 2019-04-09 04:36:23 ) ) [relatedSearches] => Array ( [0] => Taxonomy Object ( [className] => Taxonomy [id] => 38451 [pageNumber] => [offset] => [totalPages] => [last_query] => [last_sql] => [show_errors] => 1 [databaseServer] => Array ( [key] => master [host] => 172.24.16.232 [user] => rodpub_beta [pass] => MvQQzhse92k58yA [db] => 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