Men's Skin Care Zooms; Online Booms NEW YORK — Men's skin care sales rose 13 percent in U.S. department stores last year to $59 million, according to NPD Beauty, a division of market information company The NPD Group...
Men's Skin Care Zooms; Online Booms NEW YORK — Men's skin care sales rose 13 percent in U.S. department stores last year to $59 million, according to NPD Beauty, a division of market information company The NPD Group Inc.
This growth rate was more than double that of both the entire skin care category and the total women's skin care market last year, each of which grew by 6 percent. It was the second consecutive year that the men's skin care category outpaced women's skin care, NPD said.
Meanwhile, on the women's side, an extensive NPD Beauty study called "Emerging Channels: Beauty Care Products on the Internet," found that the main reason 53 percent of women who shop on the Internet do so is because they are looking for more convenience. It is easier to shop there, they say.
Also, faster connection speeds are making accessing the Internet easier and women "are now noticing items that used to be exclusive to 'brick-and-mortar' retailers are now available online," the published report said.
The survey also found that women tend to shop online for brands they already own and are less likely to buy brands online that they've never heard of. From March 28 to April 6, NPD surveyed more than 7,300 women age 18 to 64 and 6,863 of them reported shopping for beauty products during the past 12 months.
Overall, 10 percent of the women said they shopped for beauty online, spending an average of $83 a year. The report also said that self-reported online beauty shopping rose by 38 percent over last year. What's more, 20 percent of female consumers intend to spend more online for beauty products during the next year than they did in the last year.
"What may be even more surprising to many manufacturers and retailers is that the Internet has already surpassed some of the more traditional channels for beauty products in terms of future purchase intent, such as fine department stores, kiosks at malls and phone or mail order channels," said Timra Carlson, the outgoing president of NPD Beauty.
Sites that sell multiple brands are the most popular among shoppers, according to NPD. In terms of online beauty purchases, drugstore.com and sephora.com were the first and second most popular sites, respectively. These were followed, in order, by avon.com, victoriassecret.com and target.com.About half of women browse for beauty products online, then buy them in a store, while 80 percent browse online, purchase online and have the products shipped to them. Just over one quarter of customers browse for products in a store, purchase them on the Internet and then have them shipped.
"Cross-shopping for beauty products is rampant," according to the survey, "and it appears the Internet is now considered another channel option for consumers." Speaking of cross-channel shopping, there are more than 15 different channels for consumers to choose from, up from five in 1990, according to NPD.
When it comes to cross-shopping, 75 percent of women who reported shopping for beauty products online said they also buy beauty products from mass merchandisers, which are followed closely by drugstores and specialty stores. Thirty percent of department store beauty shoppers also shop for beauty products online.
"Smaller, nontraditional channels for beauty products also have the highest levels of cross-shopping via the Internet," the NPD report stated. For instance, nearly 67 percent of duty-free customers also shop online. Of those who buy beauty products at dermatologists' offices, 56 percent also shop on the Internet. And, about half of the women who shop on TV channels cross-shop online.
"Emerging Channels: Beauty Care Products on the Internet" is one of a series of three reports being produced this year by NPD Beauty. The other two, which are pending, focus on TV home shopping and specialty stores. — Matthew W. Evans
Chanel's Duffy Resigns NEW YORK — Susan Duffy, vice president of public relations and corporate events for Chanel Fragrances and Beaute, has resigned after over 16 years with the firm. Her last day will be July 8.
"While at Chanel, Susan has built and led an innovative, motivated p.r. team that has strategically and creatively conceived and implemented image- and brand-building initiatives that have achieved editorial dominance for our products and an industry buzz," said Maureen Chiquet, president and chief operating officer of Chanel Inc., in an internal announcement. "Susan was instrumental in spearheading the recent Nicole Kidman/No.5 press initiatives, launching the celebrity makeup artist program and building a consumer and press desire for all Chanel fragrance and beauty products over the years."Duffy is the second senior p.r. staffer to announce plans to exit the brand in as many weeks. Rosemarie Sterling, Chanel's executive director of p.r., Fragrances and Beaute, resigned last week and will head up U.S. p.r. efforts for YSL Beaute, beginning in August. — Julie Naughton
Summit Denies Reports NEW YORK — Summit Partners denied reports Tuesday that it is preparing to sell Physicians Formula by interviewing investment bankers to assist in a sale.
"As you would expect, Summit Partners frequently speaks to investment bankers to familiarize them with our portfolio companies," said a Summit spokeswoman. "This does not indicate anything more than that. We are not selling Physicians Formula."
The Boston-based investment firm acquired a majority stake in Physicians nearly two years ago. Previously, the niche beauty brand was owned by Pierre Fabre Inc., which retains a minority interest in the company.
Physicians Formula — known for its problem-solution approach to beauty — has garnered attention from competitors and earned praise from retailers for its stellar sales growth over the last several years.
According to Information Resources Inc., Physicians' retail sales rose 12 percent to $64.4 million (excluding Wal-Mart) for the 52-week period ended June 12.
At a conference this month, Ingrid Jackel-Marken, senior vice president of marketing for Physicians Formula, declared, "We are no longer below the radar." — Molly Prior
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.