The appointment won’t take effect until later this year, once the Coty P&G deal is formally closed. Fittingly, the new executive has experience integrating acquisitions in and beyond the US.
Personal care giant, Procter & Gamble says it is “fully cooperating” with Italian authorities who are reportedly investigating whether the brand has avoided paying taxes in the country.
The Anglo-Dutch consumer goods giant has expanded its footprint in the men’s grooming space with the acquisition of Dollar Shave Club, one of the fastest growing personal care businesses in North America.
The quarter ended for Revlon at the end of last month and the company will hold its official results call at the end of next week; in the meantime, some of the numbers look good.
L’Oréal says it has signed an agreement to acquire prestige fragrance player Aletier Cologne, a niche player that is only found in selective retail outlets.
According to a new study by Cosmetics Europe, the contribution of the cosmetics industry to the socio-economic landscape throughout Europe is wide-reaching and has significant impact.
Workers at an Avon manufacturing facility situated near Istanbul in Turkey have been protesting against alleged discrimination in pay for different types of employees.
The rise of the African middle class is key to higher consumer spend for fast moving consumer goods, and L’Oreal’s designs on the continent are all about this.
Avon Products has confirmed that it is shifting its international headquarters to the UK and is to reduce its workforce by 2,500 as part of its transformation plan for the ailing business.
According to cosmetic giant L'Oréal, the mass market hit an 'air pocket' in western Europe during the third quarter, hitting its' consumer products division, which accounts for almost half of group revenues.
Although suffering from economic weakness in a number of its key markets, compounded by an ongoing taxation enquiry in Russia, Oriflame's Q3 results show that organic sales revenues are on the up.
A botanical extract technology focusing on essential oils from citrus peel could help cut cosmetics and food prices as well as reduce food waste, the firm behind it is claiming.
Oriflame has confirmed that Russian authorities have seized papers from its Russian headquarters in Moscow as part of an ongoing tax probe in the country.
L’Oréal has posted strong underling global results, with revenues in Western Europe also showing signs of recovery, but a strong Euro negates much of the gains.
Givaudan, a key player in the fragrance and flavour sector, has announced the creation of the Givaudan Foundation, which it notes is aimed at reinforcing its commitment to charitable causes, and its involvement in the communities in which it operates.
In what will come as a further blow to Amazon in the widely publicised court case which has seen it penalised for intellectual property infringement against beauty brand Lush, the terms of the injunction have now been confirmed.
A company retailing products in Russia has been called out for ‘misleading’ consumers by trading under the BBC name, and has had its trademark invalidated.
Nigerian beauty brand House of Tara (HOT), which is set to launch 20 new studios nationwide in the near future, has announced it is now also gearing up to establish 100 new stores across sub-Saharan Africa.
Unilever, global consumer goods giant, has issued a ‘green bond’ for £250m (€300m), with which it will finance projects to further the company’s sustainability.
Beauty brands must understand that social media is an infrastructure used to connect people and interact, and not just a media platform to distribute their own messages, according to an industry expert.
Unilever has selected seven digital companies to each pair up with one of its brands, in a start-up accelerator scheme with which the multinational consumer goods company hopes to advance its digital profile.
Although mobile shopping is on the up, a new report by research firm eMarketer suggests that beauty brands need to optimize their mobile shopping platforms in Europe if they want to profit.
Germany has seen unexpected positive retail growth so far this year across the board, with particularly strong sales in the cosmetics sector, according to the country’s Federal Statistical Office (Destatis).
A host of senior cosmetics industry decision makers from around the world will meet up in Cannes, France, today, as the inaugural Cosmetics Vision opens its doors.
Low cost cosmetics are set to emerge as a growing sector in France despite the five year forecast predicting stagnant sales for overall beauty, according to market researcher Euromonitor.
A new aerosol packaging by developer Sleever has been announced, in a move which confirms that fast-moving consumer goods are moving into late differentiation in packaging.
British advertising regulatory body the ASA has ruled that a recent Unilever advert, which received 10 complaints, did not mislead its audience - despite the confusing effect it had on the audience.
Cosmetics packaging manufacturer Hermann Koch Group has been sold to a group of German investors in a change which will also involve a management reshuffle.
Fragrance and food ingredient manufacturer Frutarom has recorded another successful financial period as sales and operating profit both increased in Q3.
Market research firm Euromonitor suggests that conditions in the Iranian cosmetics industry are likely to improve as a result of the $7bn in sanctions relief announced by the US.
A report by market research firm Euromonitor reveals the methods and strategies which companies can adopt in order to reach the growing middle class in emerging markets.
Factors such as the Royal Wedding and Olympic fever greatly boosted prestige beauty spending in 2012, pushing if far above the regional average. Now, a Euromonitor report reveals how companies can take advantage of this trend.
German retailer Douglas aims to complete its purchase of perfumer Nocibe by the end of the year, and is on the look-out for new fragrance chains to expand its business in Europe, the company announced at a press conference.
Cosmetics packaging manufacturer Seidel has created an aluminum-stamping method which allows companies to embed artwork in order to create strong differentiation in cosmetics packaging, as well as making significant savings on costs per unit.
Beauty giant Estee Lauder is reportedly “in early talks” to purchase beauty brand Butter London, according to a report by Women’s Wear Daily, in a move which could significantly boost Estee’s expertise in colour cosmetics.
Personal care brands were undermined this year by a spate of increased shoplifting in the Americas, according to a joint report by Euromonitor and Checkpoint Systems.
Cosmetics Design presents the latest round-up of movers and shakers in the cosmetics industry this month, including a new CEO and president at Geka and a management reshuffle at Hermann Koch.
Leading beauty company Coty has announced that it will form a new subsidiary in South Africa to direct, manage and operate operations on the continent.
L’Oreal reported a weak third quarter for 2013 as sales in some regions were affected by market slowdowns and higher-than-expected inventory reductions in distribution.
Global consumer goods company Unilever have been honoured with the 2013 award for Corporate Empowerment for Women, reflecting the manufacturer’s extensive investment in creating diversity in the workforce.
German retailer Douglas is in exclusive talks to purchase French competitor Nocibe, a deal which would make it the second largest fragrance retailer in the country.
