CosmoBiz Magazine September 2014 - Page 60

Beauty Industry News EUROPE A merican pharmacy chain Walgreens is set to acquire Boots, its UK equivalent. The American company already had a 45% stake in the foreign pharmacy chain and has recently been looking into purchasing the rest of the company. The original agreement included the potential opportunity to purchase remaining shares by 2016. Greg Wasson, chief executive of Walgreens, said “We are excited to move forward with the next important step in becoming a new kind of global health care leader.” When combined the company will be known as the “Walgreen Boots Alliance.” The current leaders of the companies will combine forces: Walgreen’s CEO Greg Wasson will be president and CEO, and Stefano Pessina, executive chairman for Boots, will become executive vice chairman and will be responsible for strategy. F A rench Company, Laboratoire PYC, has developed a new line of skin enhancing nutritional products. The company, which was established in 1979, has long been interested in health and beauty. Their newest products included an anti-aging nutritional supplement in a pleasant peach flavor. The Collagen beauty booster®, [m]ade from fish collagen…helps to smooth the skin by reducing the number of fine lines, preventing the formation of deeper wrinkles while at the same time enhancing the skin’s suppleness and hydration.” fter a 60 year hiatus, the fashion house Schiaparelli of Paris was resurrected under the command of designer Marco Zanini at the start of 2014. The fall collection, which many credited as being closer to the House’s original image, was full of bold colors, whimsical prints and a wide variety of proportions and textures. The line featured a collection of hats by Stephen Jones that pay homage to Elsa Schiaparelli’s playful creations of the 1930’s. Among the notable, a collection of feathered head pieces that created the illusion of brightly colored blunt bangs. In comparison to the colorful and eccentric clothing, the models sported a natural look. The lips were left neutral, and the focus was placed on well-defined eyebrows. Several of the models sported short, choppy bangs echoing the eclectic and playful collection while adding a hint of the grunge style that has been seen in several other designers’ Fall 2014 collections. O rtdeco, the German make-up brand, opened a flagship store in Paris. The 170sqm shop is designed to look like an “adjustable beauty box” with a simple interior of black and white in gloss and matte finishes. The store will have two make-up bars and several beauty consultants on hand. Roger Meynlé, Art Deco’s current managing director, says the opening marks the, “start of a new chapter for the brand in France.” This new Paris store is expected to do well, “Our rapid growth has brought us to this next level, that’s why we have decided to open our own store. With outstanding service and this amazing location, we think the store is going to be a favorite destination for our target group.” ld Spice will be launching a selection of products into the French market. The focus will be on the “Danger Time” line and will include a variety of deodorants and shower gels. The company continues its trend of smart and funny ads by keeping its catchphrase, “Smell like a man, man” in english and adding a footnote in French that reads, “If you don’t speak English, shame…” 60 COSMOBIZ SALON SEPTEMBER 2014 A