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Business & Financial

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Lancôme’s 80 year anniversary shows how a brand can continue to reinvent itself

27-Feb-2015 - L’Oréal is celebrating 80 years of beauty brand Lancôme in 2015, stating that it is a great example of a brand that has kept its core principles in tact but...

DSM Personal Care peptide production moves to France as Natrue certification also announced

27-Feb-2015 - It has been a busy time for DSM Personal Care as it announces that its peptides portfolio will be manufactured in France, leaving its Swiss facility; after reporting that its...

Oriflame inaugurates Russian production site

26-Feb-2015 - Oriflame has inaugurated its new production site in Noginsk, Russia, having completed a €150 million investment in the facility.

L’Oréal invests €50 million in Egypt facility to meet rising demand

18-Feb-2015 - Beauty behemoth L’Oréal invested €50 million in its first factory at the heart of the Arab World, located near Cairo in the Pyramids Industrial Park of 10th of Ramadan, as...

Beiersdorf ‘cautiously optimistic’ for 2015 as Heidenreich sticks with Blue Agenda

17-Feb-2015 - Beiersdorf says it expects to see strong sales growth this year despite tough economic conditions, with company CEO Stefan Heidenreich stating that he is ‘cautiously optimistic’ for 2015.

Puig and Shiseido start negotiations over Jean Paul Gaultier fragrance licence

13-Feb-2015 - Negotiations have begun between Puig and Shiseido to bring forward the Spanish-based firm’s planned acquisition of the Jean Paul Gaultier fragrance licence from the Japanese firm’s subsidiary Beauté Prestige International...

L’Oréal posts strong Q4 results with growth across the board

13-Feb-2015 - L’Oréal has posted strong fourth quarter and annual results and will look to the future ‘with confidence’ after recording growth in all divisions and all regions, despite a challenging economic...

New Year, same story as more woe hits Avon

12-Feb-2015 - Avon has warned that the stronger dollar could have a big effect on this year’s sales as fourth quarter sales were down thanks to the currency situation, and it may...

Oriflame takes big hit from currency translations as profits fall

12-Feb-2015 - Sweden-based direct sales player Oriflame has posted deflated fourth quarter results, rounding off a financial year that has been full of challenges.

P&G executive reshuffle extends to appointment of new director

11-Feb-2015 - Proctor & Gamble has appointed Francis S. Blake, former CEO of Home Depot, to its board of executive directors, the latest move in a series ultimately aimed at revamping the business....

L’Oréal campaign hopes to give disadvantaged youth an insight into science

11-Feb-2015 - L’Oréal UK & Ireland has spent the last few months working with the Generating Genius charity to give gifted A-Level science students from disadvantaged backgrounds the chance to see what...

Revlon appoints new head of marketing

10-Feb-2015 - In a bid to continue its turn around, Revlon has announced that Benjamin Karsch has been appointed executive vice president and chief marketing officer for the company’s consumer division.

Unilever achieves zero waste to landfill target, avoiding €200m costs and creates jobs

10-Feb-2015 - Unilever has announced that it has reached its target of sending non-hazardous waste to landfill from its factories, and in the process avoided €200 million-worth of costs and created hundreds...

Guerlain's new skin care focused facility reconfirms French roots

10-Feb-2015 - Guerlain has invested in skin care and colour cosmetics technologies for it's new Chartres based 'La Ruche' facility.

Ten stand trial for 'exploiting' L'Oreal heiress

06-Feb-2015 - Ten people have been accused of exploiting 92-year-old L’Oreal tycoon, Liliane Bettencourt out of ‘hundreds of millions’ in a saga that's even seen former president Nicolas Sarkozy investigated for 'manipulating...

BASF obtains GMP certification for cosmetics ingredients site

06-Feb-2015 - BASF has announced another step towards complete safety acknowledgement for its cosmetics ingredients after its largest global personal care site in Dusseldorf-Holthausen obtained another Good Manufacturing Practice (GMP) certification for...

Estée Lauder US color cosmetics sales save the day!

05-Feb-2015 - Despite a drop in demand for Estée Lauder’s heritage brands, US sales were on the up; thanks to new product introductions, holiday sets and expanded distribution in the company’s make-up and...

Oriflame exec says India could become its biggest market

05-Feb-2015 - Oriflame has been battling sluggish European economies and operational issues in Russia, but a top executive believes that India is likely to help boost its fortunes in the future.

The Body Shop acquires Australia franchise

04-Feb-2015 - The Body Shop is looking to make further inroads in Australia having announced the deal to acquire the company operating The Body Shop Australia from Head Franchisee Graeme Wise the...

France and Germany call for Canada trade agreement review

03-Feb-2015 - France and Germany are looking to make changes to the free trade agreement of the EU and Canada, despite the EU/US TTIP talks being the focus for most member states....

Givaudan results boosted by developing markets and flavours

30-Jan-2015 - Givaudan has posted healthy growth in both revenues and profit on the back of gains in fragrances, developing markets, counterbalanced by negative currency translations.

Tough times ahead for P&G as currency devaluation hits hard

29-Jan-2015 - Procter & Gamble saw its second quarter earnings take a hit with the strong dollar having a big impact, setting up a challenging year for the Ohio-based firm.

Estée Lauder awarded $1.8 million in counterfeit MAC suit

28-Jan-2015 - The trademark infringement case is finally over, with 'Get Your MAC On LLC' being ordered by an Arizona federal judge to pay Estée Lauder over $1.8 million for the distribution of counterfeit products....

Clariant and Beraca team up to produce sustainable cosmetics ingredients

27-Jan-2015 - Swiss ingredients supplier Clariant is to join forces with Brazilian firm Beraca in a strategic alliance that will aim to produce sustainable ingredients for personal care.

'Deinococcus' bacteria - a bio-based cosmetic alternative

27-Jan-2015 - Montpellier-based Deinove claims it has reached the first milestone of its green chemistry program, which takes Deinococcus bacteria and develops bio-based compounds  for cosmetics.