The skateboarding brand owned by VF Corp. has handed over the helm of its marketing operations to an experienced executive formerly with Nike and Samsung. Harrer reports to Doug Palladini, global president of Vans.
Subscription boxes continue to win new fans in the UK and while food is the most popular product category, beauty is second with the channel becoming a key one for beauty product sales, especially to young consumers.
Procter & Gamble quarterly revenue and adjusted profit beat Wall Street expectations on Tuesday, as organic sales in its beauty business rose 8%, boosted by demand for its premium SK-II brand and Olay skin care products.
The biggest beauty names are in a race to snap up the most dynamic brands globally and Anglo-Dutch consumer-products giant Unilever is one of the most active names, its latest big buy being J-Beauty brand Tatcha.
Beauty and personal care were a big part of Unilever's larger than expected Q1 sales rise and its acquisitions grew faster than other brands as their innovative business models and products scored globally.
The UK subscription box market continues to go from strength to strength and the latest report on the sector, from parcels carrier Royal Mail, said it should reach a total value of £1 billion by as soon as 2022.
The headline story on Thursday from Anglo-Dutch consumer products giant Unilever was that sales growth missed analyst expectations in Q4 and that this year would remain challenging. But behind that, beauty was strong.