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    BEI   DE0005200000

BEIERSDORF AG

(BEI)
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Real-time Estimate Quote. Real-time Estimate Tradegate - 06/21 03:59:57 pm
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Beiersdorf : NIVEA announces new lead agency design partner

03/18/2021 | 08:06am EDT

Hamburg, March 18, 2021 - Beiersdorf's iconic skin care brand NIVEA has a new strategy lead design partner: Peter Schmidt Group was selected as the new global lead agency for the brand identity. As part of its new Design Agency Model, NIVEA plans to work with Peter Schmidt Group and a pool of challenger packaging design agencies with regional and category focus in the future. With Studio Blue the Peter Schmidt Group therefore forms an independent unit in its office in Hamburg that exclusively serves NIVEA.

As lead design partner Peter Schmidt Group will create an integrated visual translation of NIVEA's brand strategy and define visual and non-visual brand properties across the consumer journey. During this creative process product packaging will be at the center of attention. Among all other touchpoints it is by far the closest to the consumer - whether in retail or at home in the bathroom. Beiersdorf and Peter Schmidt Group will start their cooperation in March 2021. As design and brand experts, the Peter Schmidt Group is an excellent completion to our bespoken communication agency Publicis OneTouch.

Corinna Asmus, Global Head of NIVEA Brand Identity: 'Peter Schmidt Group is a great fit as strategy lead agency within our new model and we are looking forward to a strong partnership in order to manage the NIVEA brand consistency and coherence around the world. The agency's unique combination of excellent brand management know-how and packaging design expertise will help us to define the NIVEA brand identity across all touchpoints in a clear and efficient way. Our goal is to own more brand properties in consumers' minds and to increase brand equity.' Ralph Zimmerer, Vice President NIVEA Brand Identity & Capability, underlines: 'Peter Schmidt Group will support us in the ongoing development of the brand appearance and its implementation across the consumer journey. Together, we'll move to a next level of contemporary NIVEA design, while at the same time we keep what's iconic, familiar and positive about the brand. We look forward to the collaboration with Peter Schmidt Group within our new agency model.'

Ruediger Goetz, Managing Director of the Peter Schmidt Group: 'With NIVEA, we are gaining a very special brand icon from Germany that has outstanding international appeal. We are more than proud and look forward to working with a team on the customer side that we have always found to be extremely constructive and motivating in pitch process of the recent months.'

Beiersdorf Brand Identity and Global Procurement Marketing departments led jointly a tailor-made agency selection process contributing to overarching business strategy. The next step in the setup of the new NIVEA design agency model consists of the selection of three to five packaging design agencies, which will work as challenger and sparring partner, adding regional insights and category knowledge to shape NIVEA's brand identity for the future.

During the selection process Beiersdorf were supported by 'cherrypicker', one of the top agency management consultancies in Europe and a design agency expert.

Disclaimer

Beiersdorf AG published this content on 18 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2021 13:05:05 UTC.


© Publicnow 2021
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Sales 2021 7 488 M 8 917 M 8 917 M
Net income 2021 668 M 795 M 795 M
Net cash 2021 3 454 M 4 113 M 4 113 M
P/E ratio 2021 34,4x
Yield 2021 0,68%
Capitalization 23 226 M 27 670 M 27 658 M
EV / Sales 2021 2,64x
EV / Sales 2022 2,48x
Nbr of Employees 20 306
Free-Float 39,0%
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Average target price 98,86 €
Last Close Price 102,40 €
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Stefan de Loecker Chairman-Executive Board
Astrid Hermann Chief Financial Officer
Reinhard Pöllath Chairman-Supervisory Board
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