GURNEE, Ill., March 19, 2014 /PRNewswire/ -- A study recently released by The Boston Consulting Group (BCG) and Information Resources, Inc. (IRI) rated Paris Presents Incorporated as the top-performing health and beauty company within the $100 million to $1 billion category, based on IRI-measured retail sales.
"Paris Presents is on a growth trajectory fueled by our flagship brands, including EcoTools® and Real Techniques®. Our success is driven by in-depth consumer knowledge, marketing with targeted consumer education and a pipeline of new product innovation," said Patrick O'Brien, Chief Executive Officer at Paris Presents Incorporated. "This recognition and our performance validate our growth strategy, a strategy that will keep us on track for double-digit growth in 2014."
The annual study examined more than 400 CPG companies with annual U.S. retail sales greater than $100 million and then ranked them on the basis of their growth performance using a combination of three metrics: dollar sales growth, volume sales growth and market share gains. The study, which also analyzed trends driving performance in the sector, is unique because it includes both public and private CPG companies and focuses on what consumers actually bought in measured channels as opposed to what factories shipped.
"Looking ahead, our goal is to expand our international footprint while continuing to invest in the kinds of research and consumer insights that make Paris Presents a category leader," added O'Brien. "These insights led to the recent innovation from our EcoTools brand – the Skin Perfecting Brush – which is one of the first brushes made specifically to work with BB and CC creams. The success of this product is an outgrowth of our core business strategy to operate in the right beauty and bath accessories categories with the right products to capture household penetration."
Paris Presents Incorporated has a leading market share in the cosmetic accessory category and experienced double-digit growth in 2013. The company's strategic investments in its core brands and new product innovations also contributed to a 35 percent increase in consumption growth at retail in 2013 alone, according to IRI data.
About Paris Presents Incorporated
Founded in 1947, Paris Presents is one of the fastest-growing health and beauty companies in the industry with branded and retailer-exclusive personal care products including cosmetic accessories, specialty bath and body products, travel accessories, and other health and beauty products. Paris Presents Incorporated owns EcoTools and Real Techniques by Sam and Nic Chapman and Body Benefits by Body Image® in addition to several retailer-exclusive brands. The company's products are sold in stores nationwide and globally, including leading mass merchants, food and drug stores and specialty retailers.
Media Contact:
Liz Risoldi
Zeno Group for Paris Presents Incorporated
(312) 396-9730
[email protected]
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SOURCE Paris Presents Incorporated
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