5 business and financial updates for beauty in Europe: December

By Lucy Whitehouse

- Last updated on GMT

5 business and financial updates for beauty in Europe: December
Discover the latest need-to-know business updates from major players in European beauty in this Editor’s Spotlight: from details on Unilever’s CEO change to L’Oréal’s recent exec appointments.

5. Unilever’s next CEO is current president of beauty and personal care

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Alan Jope will take over as CEO of Unilever in the New Year, following nearly five years as president of the company’s beauty and personal care business.

He has overseen a dynamic shift in the business unit to focus on acquisitions​ and looks set to bring this energy to the CEO role. Discover our full report here

4. Symrise freshens up its online image

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The Germany-based ingredients and fragrance player has undertaken a complete redesign and relaunch of its website.

“Many people hear about us for the first time when we speak to them. We want to change that​,” said Reinhard Mühe, Director Corporate Communications Online & Digital Media at Symrise.  

“We demonstrate online how fascinating and inspiring the worlds of scent & care and taste & nutrition are. Our website has a fresher, more emotional look with more visuals.”

Read our full report here​.

3. Lesaffre confirms acquisition of biotech firm Gnosis

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Yeast and fermentation global specialists Lesaffre has confirmed the full acquisition of Italian biotech company Gnosis, which specialises in fermentation derived ingredient and finished products.

Lesaffre first acquired a majority shareholding in the Gnosis business three years ago, but has now built on that with the full acquisition of the company. Discover our full report here​.

2. L'Oréal makes key executive appointments

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L'Oréal has announced a number of new executive appointments, including the position of chief financial officer, and a new head of the company’s Luxe division.

Find out who’s who in our report here

1. Unilever and Bio-on to use biotech to produce microplastics

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Unilever, has joined forces with Italian bioplastic specialists, Bio-On to improve the personal care sector's impact on the environment.

Working together, Unilever and Bio-On will use patented bio-technologies for natural, biodegradable microplastics production. Discover our full report here

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