Estée Lauder Earnings Jump 28%

Sales in the Americas grew 4% led by strong sales in makeup, luxury and hair care brands, new product introductions and expanded distribution.

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For Safety and Community, Brick and Mortars Trump Internet Retailers

While social media and the Internet inarguably kept the world up to date on Hurricane Sandy’s effects, in the face of disaster retailers are showing they’re serving as the heart of their communities. Hurricane Sandy caused mass stores to lose millions of dollars in Halloween sales, as many kept their doors closed for as long as a week due to power outages, lack of running water and overall destruction. It’s estimated some 10 percent of chain stores were directly in Sandy’s path.

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Beauty Stores Shutter Doors: Hurricane Sandy

Many NYC retailers closed their doors early Sunday and remained shuttered on into Tuesday as Hurricane Sandy made its way further inland along the Northeastern coastline. The city’s best-known beauty retailers and specialty pop-up shops were forced to close, and will likely miss out on the sales surge traditionally generated by Halloween, especially at beauty counters.

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Top 4 Insights from P&G Shareholder Meeting

Procter & Gamble CEO Robert McDonald reassured stockholders during its annual meeting Tuesday morning that investment in the 175-year-old company was as sound as ever. P&G has been under fire for weak performance in developed markets, including the U.S. beauty sector. McDonald highlighted its billion-dollar brand portfolio, its organic growth strategy, financial history, product development and marketing agenda.

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Top 4 Insights from P&G Shareholder Meeting

Procter & Gamble CEO Robert McDonald reassured stockholders during its annual meeting Tuesday morning that investment in the 175-year-old company was as sound as ever. P&G has been under fire for weak performance in developed markets, including the U.S. beauty sector. McDonald highlighted its billion-dollar brand portfolio, its organic growth strategy, financial history, product development and marketing agenda.

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BW Confidential: Skincare—A Global View

Skincare continues to see good growth, said BW Confidential in a recent report, driven by emerging Asian markets and the rise of the Chinese traveler, which is fueling travel-retail sales and increased investment in the category by major companies. Globally, facial skincare sales rose 4.9% to $78.33 billion, according to Euromonitor. Asia Pacific, which saw sales increase 5.9%, now accounts for around 50% of the market and China has overtaken South Korea as the largest country for skincare in Asia.

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Arden CEO Outlines 2013 Plans in 4Q/FY Call

Elizabeth Arden closed out its fiscal year on a high note, with net sales up 5.3% to $1.2 billion. In North America, sales edged up 2.9% to $778.4 million benefitting from its prestige business, while internationally net sales jumped 9.8% to $459.9 million with Europe, travel retail and developing markets contributing the most gains. For the quarter, net sales grew 4.6%.

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Top 4 Highlights From P&G 4Q Call

In a year of transformation that designated Singapore as its new beauty headquarters and saw the departure of beauty executives Ed Shirley and Virginia Drosos, Procter & Gamble capped fiscal 2012 with fourth quarter net beauty sales down 4% to $4.8 billion. The company said organic sales (which exclude the impact of foreign exchange and acquisitions) rose 1%. Sales in developing markets continued to expand, now representing 40% of P&G’s total revenue, as many developed markets underperformed. To correct slipping sales of Olay and Pantene in the U.S., P&G plans to increase innovation, boost advertising and maintain a vertical approach. “It is still a strategy for us to have a full offering in every category,” said Bob McDonald, P&G’s CEO, speaking on a conference call Friday. P&G executives presented a corporate initiative to accelerate the momentum of new markets and jumpstart the old. Here are four main highlights from the call.

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Top 4 Highlights From P&G 4Q Call

In a year of transformation that designated Singapore as its new beauty headquarters and saw the departure of beauty executives Ed Shirley and Virginia Drosos, Procter & Gamble capped fiscal 2012 with fourth quarter net beauty sales down 4% to $4.8 billion. The company said organic sales (which exclude the impact of foreign exchange and acquisitions) rose 1%. Sales in developing markets continued to expand, now representing 40% of P&G’s total revenue, as many developed markets underperformed. To correct slipping sales of Olay and Pantene in the U.S., P&G plans to increase innovation, boost advertising and maintain a vertical approach. “It is still a strategy for us to have a full offering in every category,” said Bob McDonald, P&G’s CEO, speaking on a conference call Friday. P&G executives presented a corporate initiative to accelerate the momentum of new markets and jumpstart the old. Here are four main highlights from the call.

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The Top 3 Analyst Remarks During Avon’s Investor Call

On her 100th day as Avon’s CEO, Sherilyn McCoy was peppered with analyst questions about a turnaround plan she shared with the release of another disappointing financial report. In the second quarter Avon’s sales fell 9% or 1% in constant dollars, with a 3% drop in representatives globally. Sheri outlined a multiple point approach focused on stabilizing the business by fixing existing issues, rather than setting a new course. Here’s how Sheri addressed specific analyst concerns.

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