Those stories and more in our daily news roundup.
Those stories and more in our daily news roundup.
In the business world, mergers and acquisitions are the norm, and this year, some pretty big beauty deals took place. Perhaps the biggest shopping spree, however, was done by none other than Coty, who acquired big-time brands like OPI and Philosophy, along with lesser-known brands Dr. Scheller Cosmetics and TJoy. And while Coty already holds the Calvin Klein fragrance license, the company recently acquired a Calvin Klein color cosmetics license, too.
Other major deals included Estée Lauder's purchase of Smashbox, Shiseido's acquisition of Bare Escentuals, and Unilever's acquirement of Alberto-Culver, the makers of brands such as Nexxus, Tresemmé, VO5, and St. Ives. L'Oréal purchased Essie, and there was even some talk of the beauty juggernaut purchasing Avon. Speaking Avon, they acquired British skincare company Liz Earle earlier this year. With Coty's growth exploding at the seams, it will be interesting to see what they, along with the other big beauty players, have planned for 2011.
WWD reports that the singer signed a long-term contract with Coty last week. Little monsters will have to wait for the first scent, though: Gaga's premiere women's scent isn't expected until Spring 2012. More on this as soon as we hear it!
In the mid-1970s, the average cost of gasoline was about 60 cents per gallon, and stamps cost just 13 cents each. Flash forward a little over 30 years later and thanks to inflation, gasoline now hovers around $3 per gallon, and stamps are up to 44 cents apiece. But that's not all that has changed. The price of beauty products has risen with the times, too. Are you sensing where I'm going with this? I'll give you the product and the date, and you see if you can guess how much said item used to cost back in the day. And be sure to take my first vintage prices quiz, too.Take the Quiz
Debuting her new fragrance, Faith Hill knows that beauty comes from within. In this video, her grace and elegance shines through as she describes how the luminous radiance of a woman has inspired this floral and feminine perfume, bringing an elegant and modern scent to women everywhere. She exudes confidence and has grown wiser and stronger, qualities that women develop with time.
The excitement over Diesel's 30th Anniversary party has reached a fever pitch for the fashion media as it would appear that Diesel oriented subjects are literally all anyone can talk about including us.
Renzo Rosso is hosting 17 parties in eight time zones for Diesel's 30th Anniversary — from Tokyo to New York via the likes of Dubai, Zurich, Munich and Oslo — all on Saturday night. We personally are looking forward to the New York party because it is our 25th and it happens to be in Brooklyn.
In addition, Diesel will be selling limited edition 'Dirty Thirty' jeans, which would normally sell for around £200 but the company has dropped the price tag to just £30. Alas even jeans pricing is no longer in dollars.
In other Diesel news WWD has a feature on its unique approach to retailing which differentiates each store to its market making the shopping experience more personal and more culturally appropriate.
And finally, Diesel is publishing “XXX Years of Diesel Communication” a retrospective on their controversial advertising campaigns through the years. But the best tidbit? “My dream is to do a soap opera for the Internet, our very own ‘Dallas’ in the Diesel spirit, in a modern and fresh way,” said Rosso.
Balenciaga has signed a deal with Coty Inc.’s Coty Prestige division to create, develop and distribute fragrance lines under the Balenciaga nameplate. The first fragrance is tentatively slated for a spring 2010 launch.
Shoppers are poor at math J.C Penney's has concluded, doing away with tiered discount systems such as "take another 30% at the register."
Cheesiest 80's Commercial Ever Made? This morning, GiggleSugar told me about this corny fragrance commercial, but it sounded so over-the-top that I thought she was pulling my leg. Ah, but it's real—and yes, it is definitely the weirdest, corniest, cheesiest fragrance commercial you will ever see. Watch it if you dare!
Kate Moss really is everywhere lately, jetting from the Topshop offices in London earlier this week to a hip soiree in Morocco yesterday. According to Women's Wear Daily, supermodel Moss was in Marrakesh to celebrate her fragrance, called Kate, which we first heard about in December. The signature scent hits the European and Asian markets in September. The scent will roll out in U.S. stores in 2008.
WWD spoke with Bernd Beetz, CEO of Coty, the license holder for the fragrance. (Is it just me, or does Coty handle pretty much every celebrity scent?) According to the story:
The beauty giant aims to capitalize on the wide-ranging appeal that has kept Moss the toast of the fashion set and a household name for two decades.
“[We will] tap into consumer groups that we haven’t tapped into before,” said Bernd Beetz, chief executive officer of Coty, who added the company is building its portfolio on fashion-, designer- and celebrity-oriented pillars. “[Moss] overlaps fashion and celebrity.”
Classified as a floral musk and clad in pink-and-black packaging, Kate will cost about $27 to $60, depending on the size. Not surprisingly, Moss herself will appear in the ads for the product. Will you buy the eau de Kate?
A few weeks ago, I told you about a new women's fragrance called Davidoff Cool Water Wave, which features beach-sports babe Gabrielle Reece in its ads. Now, perfume maker Coty Inc. has found an equally hot dude as the new face of its men's fragrance.
According to Women's Wear Daily, "Lost" star Josh Holloway will star in ads for Davidoff Cool Water worldwide — except in North America, where Reece's husband, surfer Laird Hamilton, is the brand's main model. Holloway's campaign, including print ads and TV spots, will begin rolling out this summer.
Holloway, who plays the character of Sawyer, lives in Hawaii, where "Lost" is filmed and where the Cool Water campaign was shot.
The actor told WWD he recently starting wearing Cool Water again after not using it for several years:
“My wife’s got a crush on me again,” he said, smiling. Holloway added he’d be open to working on his own line of products, if the opportunity arose.
“But it would probably not be as elegant as Cool Water,” he joked. “It’d be more like Man Juice.”
I could make an inappropriate comment here, but I won't. Instead, I'll just say that whatever fragrance Holloway is selling, I'll enjoy looking at the ads.
Gwen is a super busy working mom. Monday night she rocked The Billboard Awards with Wind It Up which happened to be the night before her new album, The Sweet Escape, was released. Then yesterday it was announced that she'll be working with Coty to create fragrances for her fashion line LAMB. Gwen sure has accomplished an insane amount in just a year by going on tour, having baby Kingston, debuting at Fashion Week and now dropping a new album.
She did admit to using some leftover songs which makes me feel better that she didn't actually do everything from scratch. Besides, we bet her fans won't be complaining! Gwen's new scent doesn't have a name yet, and won't be out until the fall of 2007. In the meantime, more pics of Gwen at Hotel Gansevoort announcing her partnership with Coty so read more