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Business & Financial

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Symrise opens Amazon production facility in Brazil

28-May-2015 - Ingredients player Symrise has opened up a new production facility in the Amazon region of Brazil, with the aim of sourcing natural ingredients for its global beauty care business.

L’Oréal ups its digital focus to help achieve Group's overall strategy

28-May-2015 - L’Oréal is using its latest digital strategy as it looks to achieve the Group’s target of acquiring a billion new consumers, with millennials and ‘connected consumers’ the main focus....

Crabtree & Evelyn expands into hotel amenities business

28-May-2015 - Crabtree & Evelyn is looking to increase its global visibility by expanding into the hotel amenities business partnering with renowned distributor Sysco Guest Supply.

Asia’s multi-ethnic population inspires innovation at P&G

28-May-2015 - The company deliberately employs a staff with an array of backgrounds—Chinese, Malay, Indian Japanese and more—at the Biopolis research and development center in Singapore.

Unilever expands personal care presence in Dubai with new facility creating 600 jobs

27-May-2015 - Unilever is looking to expand its personal care presence in the Middle East and North Africa region with a new €75 million facility in Dubai which will generate around 600 new jobs.

P&G sells Frédéric Fekkai hair care

26-May-2015 - The luxury hair brand along with its network of salons will be officially acquired on June 30th by a new venture dubbed Fekkai Brands, LLC.

Performance and responsibility go hand-in-hand as L’Oreal commits to low-carbon economy

22-May-2015 - L’Oréal CEO Jean-Paul Agon says that performance and responsibility go ‘hand-in-hand’ as the French firm commits to contributing to deploying a low-carbon solutions and tackle the risks of climate change....

Lubrizol integrates Active Organics into its business portfolio

20-May-2015 - Following the 2011 acquisition of Active Organics, Lubrizol says it has now fully integrated the brand into its business portfolio and it will be promoted under that umbrella from now on.

Lubrizol integrates Active Organics into its business portfolio

20-May-2015 - Following the 2011 acquisition of Active Organics, Lubrizol says it has now fully integrated the brand into its business portfolio and it will be promoted under that umbrella from now on.

Unilever saves 1 million tonnes of CO2… and loads of money too!

20-May-2015 - Saving the planet can also save companies a lot of money too demonstrated by Unilever’s win-win example of saving 1 million tonnes of CO2 whilst also making cost savings of...

Avon boosted by bogus private equity bid

19-May-2015 - The big news last week was a fictional private equity company that filed an SEC document claiming it was about to buy up struggling Avon Products. But what few people...

Unilever CFO Huët steps down with Pitkethly to succeed

19-May-2015 - Jean-Marc Huët will step down as Chief Financial Officer of Unilever and leave his role on the board too after five years with the company.

Sharing is caring with L’Oreal’s social practice program

13-May-2015 - L’Oreal is deploying its ‘Share & Care Program’ in the 68 countries where it is present, as it looks to achieve goals for best social practice for its workers and...

Henkel Q1 results are strong but Western Europe and Russia still prove challenging

12-May-2015 - German manufacturer Henkel posted good results for the first quarter 2015 but admitted that things were still to pick up in Western Europe whilst the situation in Russia and the...

Unilever acquires Kate Somerville Skincare

12-May-2015 - Unilever has continued its skin care march by acquiring independent prestige brand, Kate Somerville Skincare, as it looks to crack the dermocosmetic segment of the category.

Coty turns losses into a tidy profit

11-May-2015 - One year on and fragrance player Coty has turned a big loss in the third quarter of last year into a profit, thanks to a focus on its key brands...

Beiersdorf appoints Jesper Andersen as CFO from Colgate-Palmolive

08-May-2015 - Beiersdorf has appointed former Colgate-Palmolive finance director Jesper Anderson as its new CFO, taking over from the retiring Ulrich Schmidt in September.

Oriflame sees sales slowdown in Russia hit profits

08-May-2015 - Cosmetics maker Oriflame has faced a challenging 12 months with a Russian tax probe taking its toll at the end of 2014, and now a slowdown in sales in the...

Beiersdorf sees profits and sales rise in Q1 boosted by Eastern Europe

07-May-2015 - Nivea skin care maker Beiersdorf has seen sales and profits rise, particularly in Eastern Europe to boost its outlook for the rest of the year.

BSB Innovation Award winners announced!

07-May-2015 - Awards season is not over and Mibelle Biochemistry, Henkel, Oat Cosmetics and Prolabin & Tefram all took home top prizes at the BSB Innovation Awards held in Hamburg.

Patenting natural cosmetics ingredients is big business

07-May-2015 - Lawyers in Australia confirm that, as a type of intellectual property, natural ingredients and formulations make up the single largest cosmetics category being granted the legal protection.

Estée Lauder third quarter results pleases investors

05-May-2015 - Estée Lauder share prices rose this morning on the back of stronger than expected third quarter results that were highlighted by higher earnings.

Moody’s downgrades Avon on concerns over operating performance

04-May-2015 - Financial investors service Moody’s has downgraded its rating for Avon for the second time in less than a year following weak financial results published last week.

Oriflame refinances credit facility

01-May-2015 - Swedish manufacturer Oriflame Cosmetics has signed a new €110m Revolving Credit Facility replacing the existing €330m facility, and has adjusted its reduced debt levels accordingly.

Revlon confirms acquisition of One Direction fragrance company

01-May-2015 - Revlon has increased its global footprint with the acquisition of UK fragrance management company CBBeauty, which also includes distributor SAS & Company.