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Business & Financial

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Avon turnaround on track as company posts Q3 profit

30-Oct-2014 - Avon Products has made progress in its turnaround bid by posting third quarter net income attributable to the company of $91.4 million, versus a loss of $5.5 million a year earlier.

L2 Index awards Nivea 'Genius' status for enhancing the consumer experience

30-Oct-2014 - Nivea topped L2’s Digital IQ Index for its work on enhancing the consumer experience across all device platforms and a strong Amazon SEO strategy.

L’Oreal Travel Retail to launch dermocosmetics and hair brands in Asia and Americas

29-Oct-2014 - L’Oreal’s Travel Retail Division is launching its Vichy, La Roche-Posay and Kérastase brands in selected Travel Retail locations in Asia and the Americas, as it looks to capitalize on its...

Will King to step down at King of Shaves after 21 years

29-Oct-2014 - After 21 years on the throne, British entrepreneur Will King is stepping down as chief executive of King of Shaves, handing the ‘reigns’ to one of his long term business associates.

News in brief

Dame Helen Mirren is worth it as new L’Oreal ambassador

29-Oct-2014 - L’Oreal has made Dame Helen Mirren the new face of its L’Oreal Paris brand in the hopes that it will appeal to women in their 50’s and 60’s and boost...

Beauty and Personal Care hold firm for P&G during tough time

28-Oct-2014 - Procter & Gamble is feeling confident with its Personal Care business after it stood firm in a difficult quarter that fell below expectations.

Unilever feels effect of China slowdown as Q3 market growth stutters

24-Oct-2014 - Unilever felt the full force of the slowdown in emerging markets, with China in particular making for bad news; and even the performance of its largest, and normally more reliable,...

Dow Corning wins SEPAWA Innovation Award for PEG-free emulsifier

24-Oct-2014 - At a time when cosmetics ingredient innovation is challenging, silicon supplier Dow Corning is pleased to announce it has won the SEPAWA Innovation Award 2014 for its ES-5600 Silicone Glycerol Emulsifier.

P&G management reshuffle announced as streamlining continues

23-Oct-2014 - Procter & Gamble announces a number of changes to its management team in line with its plan to streamline the business by putting key personnel in place in core business...

News in brief

L’Oréal looks to digital media in Denmark, Norway, Sweden, and Finland

23-Oct-2014 - The company has selected digital agency Maxus to handle its media buying and planning in the Nordic countries.

L'Oreal to launch multi-cultural division starting with Carol's Daughter acquisition

21-Oct-2014 - L'Oreal signed this week to acquire the multicultural beauty brand and plans for it to continue under current leadership while making full use of its expertise in the multicultural beauty...

Symrise further invests in African market to strengthen presence

21-Oct-2014 - Symrise is strengthening its presence in the fast-growing West African with a new location in Lagos, Nigeria which will cover the Scent & Care and Flavour & Nutrition segments.

DSM finds French and Russian consumers favour ‘skin glow’ benefits

17-Oct-2014 - Following a study where Russian and French consumers were found to favour 'glowing' benefits from base care products, DSM has launched a new marketing concept around naturally glowing skin.

News in brief

DSM announces new Personal Care appointment

17-Oct-2014 - DSM’s Personal Care Business Unit announces a new management appointment as Gaëlle Bathany-Di Mascio joins as Head Global Key Account Management. 

Procter & Gamble sets new sustainability objectives across the supply chain

15-Oct-2014 - The company announced this week its intentions to further limit water use and packaging as well as to take advantage of more renewable materials by 2020.

CPL Aromas reports record turnover on strong emerging market sales

15-Oct-2014 - UK-based ingredients and fragrance company CPL Aromas says it has reported record revenues off the back of particularly strong sales in emerging markets worldwide.

News in brief

Yves Rocher cuts Ireland jobs

14-Oct-2014 - Yves Rocher will be cutting approximately 30 jobs in Ireland as it looks to move its operations back to France.

Clinique opens first pop-up skin lab

10-Oct-2014 - Estée Lauder’s Clinique has invested in a skin lab that will offer consumers interactive personalised consultations. 

Givaudan meets third-quarter forecasts despite Europe's slowdown

10-Oct-2014 - Despite a weaker performance in Europe and North America, Givaudan seen a rise of 4.3% in sales thanks to strong demand in emerging markets in the third quarter.

Induchem to present research on skin delta opioid receptors at IFSCC

09-Oct-2014 - Induchem is set to present its' research around the evaluation of skin delta opioid receptors and the stimulation of hair follicle stem cells in reactivating hair growth at this year's IFSCC...

Analysis

Experts give mixed response on Coty’s Bourjois acquisition

08-Oct-2014 - Shares have risen in Coty since it announced its intention to acquire luxury fragrance and color cosmetics brand Bourjois from Chanel, but a Euromonitor analysts says the deal does not...

Holland & Barrett accused of 'exploiting racism to make money' by stocking skin-whitening product

08-Oct-2014 - The health food giant found itself in the spotlight after equality charities accused it of “exploiting racism to make money” by stocking Dr Organic's Royal Jelly Skin Body Whitening Cream....

Coty puts $239m bid in for Chanel’s Bourjois cosmetics brand

08-Oct-2014 - Fragrance, colour cosmetics and skin care brand owner Coty has confirmed a binding offer to acquire Bourjois cosmetics from Paris-based fashion house Chanel.

People On The Move

DSM makes four major appointments within its personal care division

07-Oct-2014 - Switzerland-based DSM has made four management appointments within its personal care business, targeting the direction of its North American, EMEA and global operations.

Unilever and P&G both hit by US lawsuits alleging deceptive deodorant packaging

07-Oct-2014 - Two of the world’s biggest deodorant players have been hit by lawsuits alleging that consumers are being deceived into thinking the packaging contains more deodorant formula than it actually does....

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