Joe Fresh Expands to Mexico and Central America – Yahoo Finance
Co-founder Doreen Bloch and her team have accumulated more than seven million unique data points on beauty consumers since 2012, ranging from treatments for severe acne scarring, to emerging trends in lipstick. Several market research estimates value the current market for hair-care products at nearly $50 billion. Lucintel predicts that shampoo sales alone will account for more than $25 billion by 2019, with noteworthy growth in herbal and anti-dandruff shampoos. In light of these predictions, beauty brands are looking for more detailed product perspectives as a way to better understand their clientele. Is sudsy soap lather perceived to be better at sanitization? Is fragrance more important than bottle color in driving an herbal shampoo purchase? What percentage of Americans regularly use a dry shampoo as part of their beauty regime? The best way to know what a consumer is thinking is to ask directly, and to give him or her trustworthy incentives for providing feedback, Bloch said. We connect consumers to products they love in a much more personalized way, and that is a win for consumers and brands. The ten-employee startup works out of two offices in New York and San Francisco; and along with raising $2.3 million in 2014, has Argan Oil Cream earned a clientele including the beauty industrys largest conglomerate, LOreal. LOreal, Unilever, and P&G account for more than $70 billion in cumulative annual revenue, and are the three largest companies (respectively) in an industry worth more than $380 billion. Beauty conglomerates often research and acquire small, niche brands as a way to diversify their personal care offering to consumers.
For more, check the original version at http://www.forbes.com/sites/groupthink/2014/11/11/one-startups-novel-approach-to-extracting-consumer-data/
VIDA also announces a $1.3M round of seed funding from investors including Google Ventures, The Valley Fund, Universal Music Group, Nanon and Don Mattricks Beehive Holdings, Dave Morins Slow Ventures, and Jesse Draper, which will be used for recruiting and product development. The company launches with a luxurious selection of scarves and tops with unique designs from global designers. The use of direct-to-fabric digital printing allows VIDA to produce one-of-a-kind items at scale and manufacture in response to demand. By working directly with textile mills and factories, and removing inefficiencies and waste from the system, VIDA offers quality products at sensible prices. For their factory workers, VIDA offers literacy programs and an opportunity to learn to read, write, and do basic math, so they can build a better life for themselves and their families. VIDA discovers artists from all disciplines, including painters, photographers, graphic designers, sculptors, architects, textile artists, and print designers. The artists are located across the globe and get the opportunity to connect with both manufacturers and consumers and make a living from their passion. VIDA designers include: Elle Magazines Up and Coming Fashion Designer from Sweden, Emma Lundgren, Vogue.coms top 10 fashion grads to watch, Cigdem Keskin from Turkey, and Tokyo based Top Hat Designer of the Year, Honoyo Imai. Manufacturing partners include: Karachi based fashion label and manufacturing houses, Sania Maskatiya and FNKAsia.
For more, check the original version at http://finance.yahoo.com/news/e-commerce-platform-vida-launches-120000555.html
International Beauty Brand Launches in New York – Yahoo Finance
Flormar has entered into the cosmetics market first with nail polishes; now, it has a wide range of products from eye shadow to blush, lipstick to mascara, accessories to skin care products. Flormar has a powerful position in the cosmetics market. Flormar Advice skin care range, which is the latest launch by Flormar, includes skin care creams, cleansing products and anti-age products. They have unique formulas and strong claims developed as a result of strong R&D developments and beauty expertise. Flormar will be located on the first level of the mall. For more information on Bay Plaza: http://www.mallatbayplaza.com . The beauty brand has been brought to the US by Retail Group of America (RGA), the leading expert in franchise retailing, will continue to launch future Flormar locations along the East Coast and will make future announcements on specific dates. Currently, Flormar one store opened in Crystal Run Galleria in Middletown, NY. Now, women in more than 80 countries in 5 continents and 377 stores color their lives with Flormar. For more information about the brand: http://www.flormar.com/english and http://www.facebook.com/Flormar.USA .
For more, check the original version at http://finance.yahoo.com/news/international-beauty-brand-launches-york-214800487.html
E-Commerce Platform VIDA Launches to Connect Shoppers to Global Artists, Designers and Manufacturers to Discover and Buy Unique, Socially Responsible Apparel and Accessories – Yahoo Finance
We have an aggressive growth strategy for the next three years, opening freestanding boutiques with all of the brands product categories within the countrys most important shopping malls and in our department stores.I truly believe that the brands modern design and exceptional valuewill resonate with the Mexican consumer, said Jose Maria Blanco Alonso, CEO of El Palacio de Hierro. In its five Central American markets, Euromoda will open a minimum of three freestanding stores in 2015 and a total of 17 stores by 2019. We are very excited about partnering with Joe Fresh for the Central American countries of Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica. Joe Freshs unique fashion and value proposal will surely resonate well with a very broad range of consumers in our five- country territory. This opportunity to develop the Joe Fresh brand is of great significance for our company and we expect that it will have positive benefits for us, Joe Fresh, and the Central American fashion customer, said Justin Willingham, President of Euromoda. The expansion into Mexico and Central America continues the steady international growth of Joe Fresh in 2014. In February, Joe Fresh announced agreements with Origin & Co. Ltd. for South Korea, with Fawaz A. Alhokair & Co.
For more, check the original version at http://finance.yahoo.com/news/joe-fresh-expands-mexico-central-170000774.html
Digest – Memphis Daily News
the second Saturday of the month at Pioneer Village, 1880 Art Gonzales Parkway. The museum has the largest Danish genealogy records in the Valley, a collection of Danish artifacts, a Danish/American library and a gift shop with imported products from Denmark. Details: 898-0227. SELMATotal Transformation, 2110 Whitson St., Selma, offers a free 30-minute workout followed by a 30-minute Bible Study at 7:30 p.m. Tuesdays. Details: Rene Lopez, 273-0744. SELMA A country Music Jam is 5 to 8 p.m. the first and third Saturdays of the month at the Nick Medina Senior Center, Selma. Electric and acoustic instruments and all levels of skill/talent are welcome.
For more, check the original version at http://hanfordsentinel.com/kingsburg_recorder/news/round-up-november/article_8252a06a-2440-5fc2-a4a1-b5775710e061.html
Round Up: November 12 : News
Source: The Daily News Online & Chandler Reports Amos Maki Start Co. Teams Score $387,000 in Funding Four teams that recently graduated from Start Co . have secured funding, collectively totaling $387,000. The teams are Cabsolutely, eDivv, Graph Story and Pickle. The new funding brings the total 2014 investment in Start Co . teams to more than $1.4 million. Cabsolutely, a cloud-based dispatch platform for taxi cab companies, got $75,000. eDivv, an online marketplace for trading beauty products, scored $242,000. The final two, Graph Story and Pickle, landed $50,000 and $20,000, respectively. Graph Story is a graph database-as-a-service offering for small and medium businesses, and Pickle is a platform for brand engagement via user-generated selfies. Andy Meek Wharton: Re-Election Campaign is Definite In an email to potential supporters this week, Memphis Mayor A C Wharton Jr. says his re-election plans are definite and he is “running to win.” The email comes after Wharton’s campaign sent out invitations late last month to a Nov.
For more, check the original version at http://www.memphisdailynews.com/news/2014/nov/13/start-co-teams-score-387000-in-funding/