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Business Financial Acquisitions Performance

Business & Financial

Want to know who's acquiring who, where certain companies are expanding, who's working where, and the current financial performance of the industry's biggest players?

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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...

L’Oréal expecting continued growth following positive H1, says Agon

31-Jul-2015 - The L’Oréal boss says he expects a positive second half of the year after Western Europe and North America continued their improvement and the company sees ‘significant growth’ in 2015....

Venezuelan currency woes wipe $2bn off another weak quarter for P&G

30-Jul-2015 - Procter & Gamble has announced a disappointing set of financial results as sales drop for the sixth consecutive quarter and profits take a massive hit on unfavourable currency exchange and...

Avon results continue to be hit by a strong US dollar

30-Jul-2015 - Avon Products revealed that revenues for the current quarter slipped by 17% as the company continues to do battle in the face of a strong US dollar that is impacting...

Revlon reports sliding sales on Venezuela market exit

29-Jul-2015 - Revlon has reported a significant slide in its second quarter results following its exit from the Venezuela market, which left a hole in revenues.

P&G Beauty chief to become company’s new CEO

29-Jul-2015 - Procter & Gamble announces that David S. Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as the company’s President and Chief Executive Officer....

Japan emerges as a key market for Hermès fragrance sales

29-Jul-2015 - Luxury fashion house, Hermès has revealed that its' fragrance arm in Japan is up 20% – a rise the brand attributes to a “selective distribution network”.

Evonik opens new US facility

27-Jul-2015 - The specialty chemicals company cut the ribbon on its Richmond Business and Innovation Center last week, setting the stage for further growth in North America and a new innovations strategy...

PZ Cussons hit by tough trading conditions in Africa but claims growth is returning

24-Jul-2015 - PZ Cussons says it will focus on and remains confident of a strong recovery after pre-tax profit and sales dropped, with the falling oil price, weak currency and the threat...

Unilever expecting further growth after posting solid Q2 results

24-Jul-2015 - Anglo-Dutch consumer goods giant Unilever says it expects to make further growth over the next half year having acquired four brands to boost its skin care portfolio in the last...

Cosmetics Compact

Cosmetics Compact: Court rulings, trends, research, and deals

24-Jul-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.

People on the Move – the latest industry appointment

23-Jul-2015 - The latest edition of people on the move features key appointments from a cross-section of beauty providers, including Crabtree and Evelyn, Sibu Beauty and Estée Lauder.

Sirona Biochem skin lightening technology granted patent in Africa

23-Jul-2015 - Sirona Biochem has been granted a patent in Africa for its skin lightening technology specific to TFC-849 and more global patents have been targeted.

Unilever and WWF team up to fight deforestation

22-Jul-2015 - Dove skin care maker Unilever is looking to take on the issue of deforestation and engage with consumers on the topic by teaming up with WWF International in a one-year,...

Nestlé Skin Health invests in first Asia based hub to support healthy ageing

22-Jul-2015 - To address the 'under appreciated' needs of an increasingly ageing population, Nestlé Skin Health's innovation hub in Shanghai will look at skin health issues including intense dryness, skin cancer and ageing....

Coty focus will be on strengthening position and expanding globally, says CEO

17-Jul-2015 - Coty interim CEO Bart Becht says the company’s focus will be on becoming a top beauty challenger, strengthening its critical mass in key markets and expanding into new ones, following...

Hot topic

Beware of 'polite business'! The challenges of cracking Japan's cosmetics market

17-Jul-2015 - Establishing or indeed sustaining business in Japan's cosmetics market depends on the seamless interaction and integration with its culture, not something every international company has managed to get right...

L'Oréal focuses on improving energy efficiency at Yichang plant

16-Jul-2015 - By the end of 2015, L’Oréal’s Yichang plant in China will become the company's first Asia-Pacific facility to reach carbon footprint neutrality.

Gaming and Mobile win travel retail innovation prizes in L’Oréal Brandstorm

15-Jul-2015 - Ideas centred on digital gaming and mobile applications caught the eye and won prizes in L’Oréal’s Brandstorm competition which was this year focused on the travel retail market and how...

Avon sells UK cosmetic player Liz Earle

13-Jul-2015 - Avon has confirmed that is has sold its Liz Earle business to Walgreens Boots Alliance for a sum of £140m ($217m).

Coty to merge P&G brands in $12.5bn deal

10-Jul-2015 - Confirmation has come through that Coty will acquire 43 fragrance, colour cosmetics, and hair care brands from Procter & Gamble in a deal valued at $12.5 billion (€11.2bn).

Eastern Europe target for DSM Personal Care with new distribution deal

08-Jul-2015 - DSM Personal Care announces it is upping its collaboration with Nordmann, Rassmann Group, and will employ the German firm as its sole distributor in Central and Eastern Europe.

Unilever publishes inaugural Human Rights report and says there’s still ‘a long way to go’

08-Jul-2015 - Unilever has published its first ever Human Rights report as it aims to document areas where the company has taken significant steps forward and assess some of the challenges ahead,...

Kosé signs up Kate Moss for luxury brand 'Cosme Decorte'

08-Jul-2015 - As Kosé enters its 45th year, the company is tapping into fashion and beauty’s top talents – Kate Moss and Mario Testino as it carries out its global expansion plans....

Obituary

“Of his own invention” - Burt’s Bees founder dies

07-Jul-2015 - The founder of Burt’s Bees, one of the forerunners in the natural and organic cosmetic category, has a passed away aged 80, at his home in Bangor, Maine.

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