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Business & Financial

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Avon shares buck global downward trend on news of lawsuit settlement

26-Aug-2015 - Despite the major downward trend of global stock prices, Avon has had some good news as its share prices rose almost 5% upon news that a $62 million lawsuit is...

Premium Chinese brand Herborist aims for global domination

26-Aug-2015 - As Chinese cosmetics gain momentum in the West, Jahwa's premium brand, Herborist is venturing into North America with a range based on its hundred year expertise in ancient ingredients and techniques....

Cefic and TfS join forces to tackle supply chain sustainability

25-Aug-2015 - The European Chemical Industry Council (Cefic) and Together for Sustainability AISBL (TfS)have made moves to make the supply chain more sustainable by establishing an official partnership to focus on improvement....

Cosmetics Compact

Cosmetics Compact: The stories behind the financial results…

21-Aug-2015 - The Cosmetics Compact is your compact source of the latest new headlines from the last few weeks, taking a glance at what has been happening in the cosmetics industry.

Oriflame profits dip but performance beats expectations

18-Aug-2015 - Oriflame reports better-than-expected second quarter earnings with sales rising 4% in the third quarter so far too, thanks to successes in Latin America, Turkey, Africa and Asia as the company...

Estee Lauder hit with skin care slump

18-Aug-2015 - Estee Lauder saw sales and earnings drop in the fourth quarter mainly due to a big drop in skin care as some of its heritage brands come up against big...

Coty reports stronger results ahead of P&G portfolio acquisition

17-Aug-2015 - Coty pleased the financial market by revealing a strong set of fourth quarter results, beating expectations and seeing the business swing back into profit.

Nestlé Skin Health records strong performance as skin care innovation flourishes

14-Aug-2015 - Innovation drove a good performance for in its Skin Health business as Nestlé saw sales increase in the first half of the year, although profits dipped.

Givaudan announces Executive Committee changes as part of ongoing commitments

14-Aug-2015 - Fragrance and flavour firm Givaudan is making changes to its Executive Committee as it looks to highlight its commitment to CSR and its workforce.

People on the move: the latest industry appointments

13-Aug-2015 - For the latest look at industry appointments, hiring and promotions, we bring news from Dr. Bronner’s and hair coloring experts ColorProof.

Unilever CEO says acquisitions make it a ‘major player’ in prestige market now

13-Aug-2015 - Unilever made its intentions clear since the start of the year through four prestige skin care acquisitions and the company now believes it is a major player right away in...

Henkel posts positive results due to emerging markets, but challenges still remain

13-Aug-2015 - Sales in Eastern Europe, Latin America and China helped to boost Henkel’s beauty care business which dipped slightly in Western Europe in Q2 2015, and this positive development helped boost...

L’Oréal assembles team of ‘geeks’ to help win the digital battle

12-Aug-2015 - L’Oréal is building its digital team with a host of experts as it looks to gain a strong competitive advantage and win the battle against its cosmetics rivals, according to...

Unilever takes to Twitter over mercury furor stating: "extensive studies found no harm in Kodaikanal"

11-Aug-2015 - Following accusations that Hindustan Unilever exposed former factory workers in Kodaikanal to mercury poisoning, the brand states that "extensive studies found no harm to workers or the environment". ...

Elizabeth Arden sales slide on double hit from currency exchange and US market

10-Aug-2015 - Elizabeth Arden had a tough fourth quarter, with revenues suffering on account of unfavourable currency exchange and a big decline in its North American operations.

Safic-Alcan expands US footprint with ChemSpec acquisition

06-Aug-2015 - France-based speciality chemicals provider Safic-Alcan has acquired a majority stake in Ohio-based ChemSpec, a deal that will also give it a footing in the China market.

Shiseido enters distribution agreement in Greece to crack prestige market

06-Aug-2015 - Global cosmetics firm Shiseido is partnering with leading Greek distributor Folli-Follie in a bid to crack the country’s prestige market given the changing market conditions.

Next Top Model catapultes 'Works with Water' into Asia

06-Aug-2015 - Having secured a strong following of Chinese consumers in the UK, supplement supplier 'Works with Water' Nutraceuticals has been selected to sponsor the fifth series of TV show China's Next Top...

Beiersdorf posts positive results despite Western Europe dip

05-Aug-2015 - Beiersdorf has continued on its positive growth path thanks to the weak euro’s current situation, lower costs, and rising sales of Nivea and Eucerin products; although it remains cautious after...

Evonik expands global cosmetics R&D focus

05-Aug-2015 - Evonik has made moves to globalise its research and development venture for the cosmetic industry with the opening of new facilities in South Africa, Singapore, and Brazil.

Sun Chemicals acquires UK decorative color cosmetics provider

04-Aug-2015 - New Jersey-based Sun Chemical and parent company, DIC, have acquired Kingfisher Colours Limited, a privately-owned decorative cosmetics color manufacturer with a global footprint and based in Reading, United Kingdom.

Sun Chemicals acquires UK decorative color cosmetics provider

04-Aug-2015 - New Jersey-based Sun Chemical and parent company, DIC, have acquired Kingfisher Colours Limited, a privately-owned decorative cosmetics color manufacturer with a global footprint and based in Reading, United Kingdom.

LVMH reports strong perfume sales despite China concerns

04-Aug-2015 - Despite the Chinese market proving tough for some of LVMH's brands, the luxury goods firm reported a 6 per cent increase in its perfumes and cosmetics division.

Test Yourself! July Quiz!

04-Aug-2015 - So, it’s that time again - have you been paying attention to the breaking news this month? Did you do well/ badly last month and want to maintain/ improve your...

Analysis from Euromonitor

Brand divestment and new CEO signal P&G’s focus shift away from Beauty

31-Jul-2015 - It has been a busy time for Procter & Gamble with the brand divestment to Coty and the announcement of its new CEO and this all acts as evidence that...

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