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Business & Financial

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L’Oréal expects further growth as Q4 revenue rises 9% thanks to US and Luxe sales

12-Feb-2016 - L’Oréal saw revenue rise by 9% in the fourth quarter thanks to a weaker euro combined with big sales in its luxury division, while the North America results were also...

Europe still Estée Lauder’s market for strong growth thanks to demand and new launches

12-Feb-2016 - New launches, strong local demand and continued tourist traffic in Europe, the Middle East and Africa have continued to boost Estée Lauder’s results for the second quarter running maintaining the...

Unilever reaches new zero waste to landfill milestone announcing 600 sites

12-Feb-2016 - Unilever has reached its latest zero non-hazardous waste to landfill achievement, announcing that over 600 Unilever sites in 70 countries have now reached this milestone, and that it will embark...

Avon losses are bigger than expected

11-Feb-2016 - Avon results show a big drop in sales on the back of currency translations and tax costs, leading net profits to come in below market expectations.

RSPO NEXT initiative launched to strengthen no-deforestation and human rights commitments

11-Feb-2016 - The Roundtable on Sustainable Palm Oil launches its RSPO NEXT initiative as a voluntary add-on to its existing Principles & Criteria (P&C) for sustainably grown palm oil, with the aim...

Symrise strengthens European salesforce to address cosmetic market complexities

10-Feb-2016 - As the market for cosmetic applications has become more complex Symrise says it is reinforcing its strategic sales positions in the EMEA region with two experts to service its customers...

Investors are indecisive about Coty. Here’s why…

09-Feb-2016 - Share prices in Coty have been volatile ever since the company announced major expansion plans last year, and the trend has been downward so far this year, reflecting a number...

Long term sustainability approach the way to responsible growth in fragrance industry

09-Feb-2016 - Swiss firm Givaudan celebrates ten years of ethical sourcing and says that taking a long term approach has been key to securing a natural supply chain and supporting local communities,...

Godrej continues personal care push in Africa with Canon acquisition

09-Feb-2016 - Godrej Consumer Products is looking to build its home and personal care business in Africa by entering into an agreement with Kenya-based supplier Canon Chemicals for the acquisition of a...

Estée Lauder delivers strong results, but is cautious on outlook

08-Feb-2016 - Estée Lauder has continued its strong run of financial results, reporting industry leading revenue growth for its second quarter on the back of like-for-like gains worldwide.

BASF raises vitamin A products prices to reflect global demand

05-Feb-2016 - German firm BASF announces that it is increasing the global prices for its Vitamin A products by 20% in order to reflect the demand and supply situation on the market,...

Coty results show decline in sales but beat analysts' forecasts

04-Feb-2016 - All eyes are on Coty as it gears up to almost triple the size of its business through acquisition, but its second quarter results reveal that challenges exist ahead of...

Boots corrects razor and eye cream prices following accusations of ‘sexist pricing’

03-Feb-2016 - Beauty retailer Boots has responded to accusations of ‘sexist pricing’ on personal care products saying that it has never operated a discriminatory pricing system and is correcting the prices of...

Unilever failing to profit from raw material price drop in India

02-Feb-2016 - Sales growth for consumer goods multinational Unilever is failing to meet expectations in India, despite the country currently experiencing a considerable drop in raw material prices.

Gattefossé extends Azelis partnership with distribution deal in Turkey

29-Jan-2016 - Having worked together in partnership in a number of regions for a number of years, Gattefossé has appointed Azelis as its new distributor for its Personal Care portfolio in Turkey.

Coty announces fragrance deal with Tiffany & Co.

28-Jan-2016 - The two companies have partnered to create a collection of prestige fragrances, upping the global beauty company’s stake in the perfume business. 

Estée Lauder promotes three top executives

28-Jan-2016 - The Estée Lauder Companies has announced  the promotion of three top level executives as part of an ongoing restructuring of its management team.

Clariant achieves RSPO Mass Balance certification for European and Asia Pacific sites

28-Jan-2016 - Clariant has achieved Roundtable on Sustainable Palm Oil (RSPO) Mass Balance (MB) certification for its production sites in Spain and Indonesia meaning it can now offer certified palm-based ingredients to...

L'Oréal cashing in on Bollywood brand reps

28-Jan-2016 - L’Oreal has signed up several Indian actresses as brand reps lately, in a move set to push up brand awareness among younger consumers in the country.

Galderma expansion project awarded public funding

27-Jan-2016 - The Nestlé Skin Health division is building on to its existing North American manufacturing plant, boosting production capacity and increasing employment at the site by more than 20%.

Unilever partners with Intersuchel in $35m Cuban personal care factory investment

27-Jan-2016 - Unilever is looking to build a new personal and home care factory in Cuba after partnering with state-owned company Intersuchel and agreeing a $35 million joint venture.

P&G results get thumbs up from investors

26-Jan-2016 - Procter & Gamble’s second quarter results showed an increase in core sales and improved profit margins, beating analysts’ expectations and sending share prices up.

Kimberly-Clark results points to challenges in 2016

25-Jan-2016 - Kimberly-Clark reports a rise in organic sales for its fourth quarter, but net results are hard hit by the strength of the dollar against foreign currency, a problem that is...

Unilever expects prestige skin care acquisitions to kick on and strengthen in 2016

22-Jan-2016 - Anglo-Dutch consumer goods giant Unilever is expecting to strengthen its position in the prestige skin care market as its 2015 acquisitions are now all fully integrated and provide a strong...

BRB Silicones announces Turkey distribution deal with Azelis following new ingredient launch

21-Jan-2016 - BRB Silicones announces the appointment of Azelis Turkey as its new distributor for its Personal Care portfolio in the country, having also launched a new silicone resin with a long-lasting...

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