Weekly Roundup: P&G reports 2022 Q1 profit increase, Sephora uses AI to improve product availability

22 Oct 2021 --- This week in industry news, The Procter & Gamble Company (P&G) announced its 2022 fiscal year first-quarter results, featuring a 5% net sales increase and a 4% increase in organic sales. Meanwhile, Sephora implemented an AI-based solution from Relex, a retail optimization software company, to enhance its product distribution capabilities, while Arbor Life Labs’ Replenology Hair System was found to prevent female hair loss. Albéa and Berry developed a cap that is easy to handle by people suffering from arthritis for Verfora’s Perskindol Dolo Gel.

Business news
P&G revealed its first-quarter financial results for fiscal year 2022, reporting net sales of US$20.3 billion, an increase of 5% versus the prior year. The consumer goods giant’s beauty segment’s organic sales increased by 2% versus the previous year due to organic sales in hair care rising because of a favorable mix from premium innovation in treatments and conditioners. Skin and personal care organic sales increased due to pricing and higher volumes. Meanwhile, P&G’s grooming segment experienced a 4% sales increase; the health care segment had a 7% organic sales increase; and the fabric and home care segment had a 5% organic sales increase. P&G’s baby, feminine and family care segment organic sales increased two percent a year ago.

Sephora collaborated with Relex Solutions, provider of unified retail planning solutions, to improve demand forecasting and automated replenishment. Relex’s AI-drive solution was rolled out to improve Sephora’s inventory turnover and reduce the risk of product discontinuation while increasing product availability for their end customers. Additionally, it will enable Sephora to enhance its promotions management, slow-moving products, new product introductions and product deceleration.The hypoallergenic CBD Ultra-Smooth shave cream leads to fewer skin bumps and micro-cuts.

Tupperware Brands Corporation entered an agreement to sell its House of Fuller beauty business in Mexico. This transaction is in line with the company’s turnaround plan strategy of divesting non-core assets. Terms of the transaction, including the anticipated closing date, have not been disclosed. “This sale represents further progress toward our stated goal of divesting non-core assets and enables the company to focus its resources on growing our core Tupperware brands,” details Miguel Fernandez, president and CEO of Tupperware Brands.

Launches and releases
Lifepro unveiled a Red Light Therapy solutions line that aids in anti-aging, fat loss, muscle inflammation and detoxification. The launch aims to provide non-invasive wellness care access at home. The line features the Lifepro VizaCure Light Therapy Mask that provides professional-level LED light therapy treatments. Also, the Lifepro AllevaRed Light Therapy Belt stimulates muscle recovery, while its LumiCare Light Therapy Torch alleviates stiffness.

Sustainable packaging companies Albéa and Berry have developed a cap adapted to joint pain for the health and beauty products brand Verfora’s Perskindol Dolo Gel 100 ml tube. This launch addresses the difficulty people suffering from arthritis experience when they open a tube of pain relief ointment. The cap is developed with a soft capsule that requires no pressure to open and close. Its wide, non-slip surface is specially designed to eliminate any strain on the joints. The capsule allows patients to open the tube easily with only one finger or by leaning on a tabletop.

Perricone MD added Ultra-Smooth Clean Shave Cream to its Hypoallergenic CBD Sensitive Skin Therapy Collection. The Ultra-Smooth Clean Shave Cream features a rich texture that creates a slick surface for a comfortable and clean shave. The CBD works with cannabis sativa seed oil and allantoin to hydrate and soften skin texture by deeply nourishing the skin while limiting bumps and micro-cuts.Arbor Life Labs’ Replenology Hair System prevents female hair loss and promotes growth (Credit: Arbor Life Labs).

Clean beauty brand WƎLL People launched a new skincare collection featuring five products: a moisturizer, cleanser, exfoliating powder, eye gel cream and facial oil. The line features a Juice Cleanse soothing aloe face cleanser, a Plant Powderfoliant renewing charcoal exfoliating powder and a Fresh Dew snow mushroom gel-cream moisturizer. Additionally, a Revitalizing Dew snow mushroom eye gel-cream and a Plant Elixir replenishing botanical facial oil are also featured in the line.

A new brand LR Soul of Nature, has been launched by LR Health & Beauty. The brand taps into current trends and shows a clear commitment to more sustainability. It also links “natural fragrances” with an emotional aroma-wellness component and uses recycled plastic and waste glass packaging. “By using recycled PET, we are saving natural resources,” explains Andreas Friesch, LR Health & Beauty CEO.

Natures Crops International, a vertically integrated producer of specialty oils for personal care products, will debut its Natralipid platform of specialty personal care oils at the NYSCC Supplier’s Day show on November 10 to11 in New York City, US. This is in response to consumer demand for natural and clean-label ingredients in cosmetics and skincare. The Natralipid oils are 100% plant-based, expeller-pressed oils that provide functionality, traceability and purity. The Natralipid line consists of abyssinian, ahiflower and meadowfoam seed oils.Alastin Skincare Sensitive Skin collection treats post-cosmetic treatment skin.

Aroha Oils – a skincare line inspired by the Himalayas and based on the ancient science of Ayurveda – launched its latest product, the Bakuchiol Nava Age-defying face gel. The gel offers an alternative to retinol. The product minimizes fine lines while restoring the skin’s healthy, youthful glow. According to the company, wrinkles and expression lines are noticeably blurred after a month of use, returning a fresh and youthful appearance to the face.

Specialty aesthetics company Alastin Skincare unveiled three sensitive products: Ultra Calm Cleansing cream, Ultra Light moisturizer with TriHex Technology and SilkSHIELD All-Mineral sunscreen SPF 30 with TriHex technology. The collection is designed with restorative formulas to help treat naturally sensitive or post-cosmetic treatment skin. The combination of Alastin Skincare’s TriHex technology with other active ingredients soothes, restores and calms sensitive and post-treatment skin.

Miscellaneous
A study showed that the Replenology hair system from Arbor Life Labs prevents female hair loss and promotes growth. The study demonstrated positive effects of the patent-pending hair system on female hair loss and thinning during a 24-week clinical trial. The researchers found that Replenology increased total scalp hair density by 33.9 hairs/cm2 and 18.6% more than the placebo.

By Nicole Kerr