To borrow a line from the incomparable Frank Sinatra, 2011 was a very good year for beauty companies. For proof, look no further than the WWD Beauty Inc Top 100, our annual global ranking of the world’s biggest beauty manufacturers compiled by our indefatigable European beauty editor, Jennifer Weil. This year’s companies weigh in at a whopping $195.36 billion, a 10.6 percent increase over last year’s total. In all, 84 companies increased their sales and 38 posted double-digit growth. Of the 13 registering declines, six were from Japan, where consumer confidence remains low due to an anemic economy and the aftereffects of last year’s disastrous earthquake and tsunami. But the news was largely positive, as you’ll see in “Beauty’s Top 100.” Those who are long-time readers of WWD Beauty Inc will notice some changes to this year’s edition. In addition to the in-depth quantitative assessment of the industry, we’ve added more qualitative analysis as well. Let me know how you like the changes at firstname.lastname@example.org.
In 2011, the fourth-ranked Estée Lauder Cos. Inc. posted the largest sales increase of any company in the top 10, with a 13.9 percent gain to estimated sales of $9.44 billion. A stellar performance in North America and a blistering travel-retail market contributed to those gains, as did the results posted by Origins. The brand struggled in the early 2000s, losing its focus on skin care and floundering amidst increased competition in the naturals category. In 2008, Jane Lauder took control of Origins and revived it, creating a performance-based brand platform that has successfully resonated with consumers today. The granddaughter of company founder Estée and daughter of Ronald and Jo Carole, Lauder has shown during her steady rise at the company that the clan’s fabled business acumen definitely runs in the family. Her latest challenge, as global president and general manager of Origins and Ojon, is to sustain the pace of growth at Origins as she simultaneously builds a nascent prestige hair-care category for Ojon. As you’ll discover in “The Natural,” those who know her well have no doubt that she will achieve both goals. “She is the ultimate professional—super committed and dedicated, a woman with a mission,” Rose Marie Bravo told me. “She is determined to make her mark.”
Nicolas Mirzayantz has also made a significant mark as group president at IFF, where he oversees the company’s $1.4 billion fragrance business. Mirzayantz is the ultimate right brain–left brain executive, combining an inherent creativity and sense of curiosity with a sharp analytical mind that understands that return on investment can take many different forms. As you’ll see in “Where Analysis Meets Innovation,” he is passionate about bringing forth the innovation that will drive the future growth of the industry. And for all the manufacturers who are included in this year’s Beauty’s Top 100 and those who aspire to make the list, it’s a point on which the entire industry can agree.
@kering_official is spinning off its stake in puma in an effort to focus on its luxury brands, the brand operator announced yesterday. “We are proud to have supported the turnaround of Puma, which now has unrivaled capabilities to take full advantage of the specific dynamics of its global markets and is poised to achieve substantial growth,” said François-Henri Pinault, Kering’s chief executive officer and chairman. Artémis will become a “long-term strategic shareholder” of Puma with a 29 percent stake. #wwdnews #wwdfashion (📷: @jilliansollazzo)
The fashion world mourns for celebrated street style photographer, Nabile Quenum, who died at age 32 in Paris.
Quenum, creator of the fashion blog “J’ai Perdu Ma Veste,” was a fashion week fixture, and regularly shot for New York magazine’s The Cut, among other outlets, and brands such as Louis Vuitton, Moncler and Adidas. He was also actively involved in the #NoFreePhotos initiative, which kicked off in the fall. Read more about Quenum in @kbsmoke's story on WWD.com. #wwdnews
@verwanggang and @maisonladuree have teamed up on a dessert collab called Vera Wang Pour Ladurée. The collection, which launched this week, features a specialty macaroon, as well as a wedding cake inspired by one of the designer’s gowns. “I could not imagine a more delicate or sophisticated creation to grace any couple’s celebration,” said Wang. #wwdfashion
“I’m Russian and I love to use all these little tricks that I got from my grandma or my mom. We didn’t have a lot of money for creams or anything like that so we would use a garden as a beauty treatment regime. We’d put cucumber in the fridge and do a cucumber mask,” says model @irinashayk on one of her beauty hacks. WWD asked celebs what their go-to self-care rituals are. See what Naomie Harris, Freida Pinto and more said on WWD.com. #wwdeye #wwdbeauty (📷: @zefashioninsider)
Exclusive: @viktorandrolf are teaming up with @Zalando on a collection made from leftover clothing. The lineup, which lands at the retailer February 1, includes 17 pieces adorned with sliced up and repurposed overstock from the retailer’s private label collection. Pictured here is a look from the collection –– see more on WWD.com. #wwdfashion #wwdnews
@duewestnyc is the newest bar joining the collection of intimate neighborhood-focused spaces in the West Village. The cocktail menu, which includes bitters and syrups made in-house, offers a “Build Your Own Old-Fashioned” – like the one pictured here – where guests can choose from a list of spirits and unexpected sugars and bitters. #wwdeye
Spotted at last night’s National Board of Review gala in NYC: Angelina Jolie. Jolie – along with Meryl Streep, @lupitanyongo and more – continued the all-black dress code from Sunday’s Golden Globes. #wwdeye (📷: @lexieblacklock)