BW Confidential - Issue #15 - September/October 2013 - (Page 5)

Comment BW Confidential 4 avenue de la Marne 92600 Asnières sur Seine France Tel: +33 (0)1 74 63 49 60 Fax: +33 (0)1 53 01 09 79 contact@bwconfidential.com www.bwconfidential.com Subscribe on page 59 Publisher Nicolas Grob ngrob@bwconfidential.com Editorial Director Oonagh Phillips ophillips@bwconfidential.com Deputy Editor Alissa Demorest ademorest@bwconfidential.com Contributors Tina Clark, Louise Dury, Claire Duffy, Nadia Di Martino, Alex Wynne, Renata Ashcar, Raphaëlle Choël, Imogen Matthews, Tina Milton, Naomi Marcoulet, Mayu Saini Editorial Coordinator & Assistant Darlene Lim dlim@bwconfidential.com Art Direction APSC Design Cover art direction: Kaïs Brahmi Marketing Director Nicolas Leclerc nleclerc@bwconfidential.com Advertising advertise@bwconfidential.com Subscriptions 1 year: electronic publication (20 issues) + print magazine (4 issues): €499/US$699 Price per issue Electronic publication: €25/US$35 Print magazine: €125/US$175 subscribe@bwconfidential.com BW Confidential is published by Noon Media 513 746 297 RCS Nanterre Printed in France by Imprimerie de Champagne Copyright © 2013. All rights reserved. Reproduction in whole or in part without permission is strictly prohibited. Cover image credit: istock BW Confidential est édité par Noon Media SARL 4 avenue de la Marne, 92600 Asnières sur Seine Directeur de la publication : Oonagh Phillips Imprimeur : Imprimerie de Champagne ZI Les Franchises 52200 Langres ISSN 2109-3350 Abonnement annuel: publication électronique (20 n°) + magazine imprimé (4 n°) : 499€/699US$ Prix de vente au numéro Publication électronique : 25€/35US$ Magazine imprimé : 125€/175’S$ Dépôt légal à parution BW Confidential magazine n°15 septembre-octobre 2013 n° CPPAP 0512 T 90373 September-October 2013 - N°15 - BW Confidential All go on the retail front I t was anything but quiet over the summer months in the beauty business, especially where M&A is concerned. There were a string of acquisitions, notably on the retail front, from Qatari investment group Divine’s purchase of French department store Printemps to Canada’s Hudson’s Bay Company’s (HBC) acquisition of US retailer Saks. Also in the Americas, Loblaws bought Canadian drugstore chain Shoppers Drug Mart, Target took over DermStore Beauty Group, owner of skincare e-commerce site DermStore, while in Brazil, North American fund Brasil Beauté acquired beauty chain Agua de Cheiro. There are also rumblings that Neiman Marcus may be sold to another private-equity group (it is currently owned by TPG Capital and Warburg Pincus). This activity is full of promise for retail, say some analysts. The Saks buy, for example, will see an expansion of its stores and a more concerted focus on luxury for the retailer (although HBC is also particularly interested in Saks’ real estate); similarly, the Printemps deal also means more potential doors for the French chain. Some think that Loblaws’ acquisition of Shoppers Drug Mart will help the drugstore chain better fight off competition from cheaper rivals such as Target, while the purchase of Agua de Cheiro in Brazil is expected to bring a new store format to the retailer and open it up to third-party suppliers, thereby providing another distribution platform for brands in this growing market. However, what all this means for brands (who are already under pressure from an increasingly consolidated retail landscape), employees and company culture may be another story. Oonagh Phillips Editor in Chief ophillips@bwconfidential.com 5 http://www.bwconfidential.com http://www.bwconfidential.com

Table of Contents for the Digital Edition of BW Confidential - Issue #15 - September/October 2013

Cover
Comment
Contents
Update
Brand & retail news recap
Companies on the move
Take note Market facts, figures & trends
Best of BW Highlights from our e-publication
Launches The latest in fragrance, skincare & make-up
Interview Origins, Ojon & Darphin global president and gm Jane Lauder
Insight: Fragrance creation
Category overview
Industry views
Emerging markets
Consumer data
Role of the perfumer
Retail
Store strategy
Store concepts
Digital Beauty apps
Market watch: Chinese consumers
Overview
Shopping habits
Online sales
Radar A profile of six up-and-coming beauty brands
Travel retail: Inflight sales
Sector analysis
Channel innovations
Emerging markets Company profile: Marico
Packaging
Make-up analysis
Make-up innovations
Last word The Young Group’s Karen Young on industry trends and technology

BW Confidential - Issue #15 - September/October 2013