Port Washington, NY, January 20, 2016 – NPD Mexico, a subsidiary of The NPD Group, has purchased Segmenta’s prestige beauty point-of-sale retail tracking service for Mexico. The acquisition extends NPD’s global reach and expertise in prestige beauty, complementing NPD’s beauty tracking services in the U.S., Canada, France, Italy, Spain, and U.K.
Segmenta provides point-of-sale tracking for the prestige beauty industry based on information collected from department stores and specialty stores. The firm provides data on what is selling and where, down to the item-level for skincare, makeup and fragrances.
“Mexico has a large and growing beauty market, and NPD is pleased to be able to provide our clients with the information and insight that they need to gain a winning advantage here,” said Fernando Rubio, NPD Mexico General Manager. “We look forward to delivering even more robust information and solutions as we integrate the business, leverage NPD’s technology and delivery tools, and expand the industry’s global market view.”
“NPD and Segmenta have been collaborating to provide market information on the Latin American market since 2010,” said Miguel Enrique Argáez Valencia, General Manager of Segmenta. “We share a deep appreciation for our clients and want to ensure a smooth transition.”
Samantha Grand, formerly Client Service Director for Segmenta and Latam Beauty Research, a joint venture of Segmenta and NPD, will become Client Development Director at NPD. David Jaime, with NPD Mexico since 2012, will be responsible for retail services as Retail Director. Both will report to Fernando Rubio.If you have any questions about this article, contact us.
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