- In keeping with the C.A.R.E.+ strategy, Beiersdorf is consolidating new approaches for innovation within the company under the name OSCAR&PAUL
- Beiersdorf specifically focuses on new working methods and the creation of new business models with OSCAR&PAUL
- This starts with the OSCAR&PAUL – Corporate Indie Brands business unit, which will strengthen existing brands such as Labello, 8X4, and Hidrofugal, and also serve as an innovation cell
Mastering Corporate Indie Brands – that is both claim and aspiration in itself for the new business unit. “We want to create brands that cater to the consumers’ needs in relation to authenticity, meaningfulness, and speed. To this end, we must constantly question our approaches and ourselves. This calls for a certain degree of initiative, courage, and creative thinking,” explains Hauke Voß. The unit is guided by the culture, idea generation processes and working methods of agile start-ups and is testing and adapting them based on its needs within the context of the company. As a consequence of this approach, the team not only works closely with colleagues within the company when developing new concepts, but also consciously relies on the input and ideas of external partners. This means that knowledge and innovation can be transferred between different worlds – and both parties ultimately benefit.
About Beiersdorf AG
Beiersdorf AG is a leading supplier of innovative and high-quality skin care products and has more than 135 years of experience in this market segment. The Hamburg-based company employs around 20,000 people worldwide and is listed on the DAX, the German stock index. Beiersdorf generated a turnover of €7.2 billion in the 2018 financial year. The Beiersdorf product portfolio features strong, world-leading skin and body care brands, including NIVEA – the world’s largest skin care brand* – Eucerin, Hansaplast, and La Prairie. Millions of people around the world trust in innovative and high-quality Beiersdorf products every day. Other notable brands such Labello, Aquaphor, Florena, 8X4, Hidrofugal, atrix, SLEK, and Maestro round off the extensive portfolio. Beiersdorf’s wholly owned subsidiary tesa SE, another globally leading manufacturer in its field, supplies self-adhesive products and system solutions to industry, businesses, and consumers.
*Source: Euromonitor International Limited; NIVEA as umbrella brand in the categories face, body, and hand care; retail sales 2018.