INTER PARFUMS EXPECTATIONS: Inter Parfums SA expects to meet its objectives set for the end of this year, namely, sales of 214 million euros, or $284.4 million at current exchange, up 10 percent year-on-year, the company said in a statement Wednesday. Inter Parfums, the Paris-based subsidiary of Inter Parfums Inc., said it also should post profits of around 18.2 million euros, or $24.2 million, a 12 percent rise in 2006 versus 2005. As of Jan. 1, Inter Parfums will have four distribution arms up and running in Germany, Spain, Italy and the U.K.
For next year, the company plans to register sales of 245 million euros, or $325.6 million, an increase of 14.5 percent year-on-year, and net profits of 20 million euros to 21 million euros, or $26.6 million to $27.9 million, respectively, a 13 percent gain. By 2009, Inter Parfums aims to post organic sales of more than 300 million euros, or $398.7 million. Inter Parfums’ beauty licenses include Burberry, Celine, Christian Lacroix, Lanvin, Nickel, Paul Smith, Quiksilver, S.T. Dupont and Van Cleef & Arpels.
BLONDE AMBITION: Pamela Anderson and Tigi are teaming up to form a new hair care, body care, cosmetics and accessories line, to be called Glam Pam, for next spring. Fragrances and formulas have been tested, and, according to a company release, the line focuses on “empowering women to take control of how they look and feel.”
PAIRING UP: Songstress Rihanna has landed a place in Cover Girl’s growing family as a new spokesperson for the cosmetics brand. The 18-year-old singer from Barbados entered the U.S. music scene in August 2005 with “Music of the Sun,” which was followed by a second album, “A Girl Like Me,” featuring her hit “S.O.S.” Rihanna is in Manhattan this week shooting ads for a summer Cover Girl campaign, joining the ranks of Queen Latifah, Molly Sims and Keri Russell, who also represent the brand. Gina Drosos, vice president and general manager of global cosmetics, Procter & Gamble Beauty, said in a statement, “Rihanna is a talented, confident young woman who exemplifies the Cover Girl ideals with her inner confidence and fresh beauty. We’re proud to welcome her to the Cover Girl family.”
OH, BABY: Nature’s Baby, the natural baby product line sold primarily through Whole Foods Market and Planet Blue, is heading into the mass arena. Adena Wolvek, a mother of two who launched Nature’s Baby in early 2004, said she has inked a deal for the line to be introduced at two new Ralphs stores in California. The move is typical of a direction that mass retailers are now headed in, opting to bring in organic, natural and preservative-free food and beauty products. “The craze for organics and natural products means that stores are going to have to start competing,” said Wolvek. The line will bow at the new Ralphs on Rancho Bernardo Road in San Diego, which is scheduled to open on Dec. 15. It also will be at a new Ralphs in San Clemente, which will open next February. The items retail for $15.95 and $11.95, respectively.
JERGENS GLOWS AGAIN: Jergens is expanding its Natural Glow franchise with new products designed to offer benefits beyond gradually tanning the skin. The Kao-owned company found that consumers wanted “multitasking” products to offer sun protection and firming benefits in addition to tanning the skin. In March, Jergens will introduce Natural Glow Firming Daily Moisturizer, $7.99, a body moisturizer designed to tone and tan the skin. Clinical studies showed that, over a two-week period, the moisturizer, which contains a collagen and elastin as well as a skin-firming polymer, led to visibly firmer skin. The company also will launch Natural Glow Face Daily Moisturizer, $5.99, an oil-free and noncomedogenic moisturizer using erythrulose and DHA to tan the skin with an SPF 20. Both products will be available in three shades for all skin tones: fair, medium and medium/tan. There will be an extensive advertising campaign, including television and print ads, focusing on both new and existing products. Industry sources estimate the firming moisturizer will generate more than $20 million in retail sales, while the face moisturizer will bring in more than $8 million.