TOP NOTES

GODDESS SPORT: Biotherm and NIKEgoddess are partnering up. Beginning today, NIKEgoddess stores will be distributing Aqua Sport products. Both brands share similar philosophies towards fitness and females, making this alliance convenient for both partners. The Aqua Sport products — designed for use before and after physical activity — consist of Invigorating Shower Gel, $19; Cooling Energizing Body Lotion, $25; Deep Relief Massage Gel, $35; Softening Foot Cream, $16; Icy Gel for Legs, $21; Quenching Body Cream, $25 and Celluli-Zone — a best seller — dual action body treatment designed to reduce the appearance of cellulite, $45.

WINNING WAYS: The National Republican Congressional Committee’s Business Advisory Council has awarded the National Leadership Award to Georgette Mosbacher, president and chief executive officer of Borghese Cosmetics. Ms. Mosbacher accepted the award at a ceremony on March 14 that was held at the Ronald Reagan Building, in Washington D.C.

REVIVE RECRUIT: Matthew Malin has been named vice president of sales and marketing of ReVive. He was previously director of fragrance division, internet and retail for Helmut Lang.

MARIONNAUD BUYS AGAIN: The ever-acquisitive Marionnaud Parfumeries plans to conquer the Spanish market. The company announced this week it has snapped up the 22-door Spanish Etxezuri chain, bringing its total number of Spanish doors to 30. Marionnaud said in a statement that Etxezuri, with stores in northern Spain, rings up annual volume of $15.7 million.

GIVAUDAN FIGURES: Swiss flavors and fragrances firm Givaudan reported sales of $1.43 billion for 2001, up 1.8 percent over the previous year. All dollar figures have been converted from the euro at current exchange rates.
Givaudan’s gross profit margin was up 0.1 percentage points, to 48.1 percent. Gross profit reached $687 million, up 2 percent year-on-year.
In other company news, Gilles Andrier has been appointed head of Givaudan’s fine fragrances Europe division.

LACOSTE’S LAUNCH PAD: A new men’s fragrance from Lacoste will bow in September. And to get consumer interest building in Lacoste scents, Procter and Gamble, which holds the fragrance licenses, is offering a limited edition collection of Lacoste Pour Homme, Booster and Lacoste 2000. The new Lacoste men’s scent will be part of the brand’s Club line. A women’s fragrance will follow.

STAR SEARCH: Maybelline and Jane magazine are partnering up to produce the first ever reader-produced Jane music CD. Maybelline and Jane will choose a track from 10 artists or bands to be featured on the CD. A grand-prize winner from among the 10 selected will be flown to New York City to spend time with producer Brian Malouf, who has worked with the likes of Michael Jackson.

JEAN PHILIPPE-TRISTAR?: Inter Parfums Inc.’s subsidiary Jean Philippe Fragrances last week signed a letter of intent with the bankrupt Tristar Corp. to purchase certain mass market fragrance brands and inventories for about $10 million. The letter is competing with another offer also submitted to the San Antonio bankruptcy court. Should the deal go through, the remaining Tristar assets would be purchased by a new company formed by current Tristar management and its unsecured creditors. The Inter Parfums subsidiary and the new entity could then possibly enter into manufacturing and noncompetition agreements. This week, Inter Parfums reported fourth-quarter earnings of $2.2 million, or 11 cents a diluted share, a 9.9 percent improvement from year-ago levels. Sales, though, were down 6.5 percent to $27.3 million for the quarter ended Dec. 31. For the year, however, profits jumped 23.2 percent to $8.1 million or 41 cents. Sales for the 12 months were up 10.5 percent to $112.2 million.

load comments
blog comments powered by Disqus