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 email@example.com.
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.
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.