Editors' Top Reads: News from Beiersdorf, Shiseido, Kao and more...
Here are some of this week’s news and features highlights handpicked by TheIndustry.beauty team.
Nivea drives record annual sales at Beiersdorf
Nivea surpassed €5 billion in sales for the first time in its 113-year history, marking a major milestone for the Beiersdorf-owned skincare brand. This was driven by double-digit growth in all regions and categories, with face care performing particularly well.
The news came as Beiersdorf achieved record sales growth of 10.8% to £8.1 billion (€9.5 billion) for the full year. Derma brands Eucerin and Aquaphor also reported sales increases of 24%, with particular success across the sun care category. However, La Prairie and Chantecaille faced a "difficult market environment" across travel retail and in mainland China, causing a decline in sales.
Sophie Smith, News Editor & Senior Writer.
The Interview: Shiseido Company MD Charles de Montalivet on driving growth in the UK & Ireland
I recently had the pleasure of interviewing Charles de Montalivet, Managing Director of Shiseido Company for the UK and Ireland, about his ambition to transform its UK operations. Since joining the business in 2019, he has been on a mission to unite its brands and the teams behind them through a concept he likes to call "One Shiseido".
Montalivet speaks about his role and the progress he's made so far, as well as his plans for the company and its portfolio of brands in 2024 and beyond. An interesting read (if I do say so myself), with details on the company's growth strategy and the importance of the UK market.
Sophie Smith, News Editor & Senior Writer.
The Interview: Trinny Woodall on gaining confidence in her 60s and inspiring other entrepreneurs
You may remember Trinny Woodall from the Noughties presenter duo 'Trinny & Susannah', at least that's how I became acquainted with the British icon. But her latest venture, Trinny London, certainly put Woodall on the map and made her a force to be reckoned with.
She moved away from fashion styling and founded the beauty empire Trinny London in her 50s. The brand, which targets women over the age of 35, has found a loyal following from its cosmetics line in a market that is often overlooked. After launching a range of skincare, I was interested in reading how Trinny London differentiated itself in the over-saturated market.
Woodall was candid in this interview about her use of botox, while driving home the importance of a comprehensive skincare routine. She said: "As much as I do Botox, you know, I’ve had CO2 laser for my acne scarring, the consistency of my skin is down to ingredients I continually put on my face every day."
Chloé Burney, Senior News & Fashion Writer.
Bondi Sands owner Kao set to double Consumer Care Business in EMEA by 2030
Japanese cosmetics company Kao Corporation, the owner of Molton Brown, John Frieda, Curél and Bioré, is set to double its Consumer Care Business in EMEA by 2030.
This comes after Kao acquired Bondi Sands last year, which now sees the company have a real focus on skincare as "one of the key growth drivers in its mid-term management plan". Now, the company will offer solutions to heal and protect skin from external environmental factors. I look forward to seeing how the company establishes a "firm global presence" in the suncream and self-tanning markets.
Chloé Burney, Senior News & Fashion Writer.
