The direct-sales beauty, personal care, and wellness company announced plans this week to streamline operations in New York State. Avon is closing offices and reducing staff, all in an effort to “fuel growth,” according to company executives.
From beauty’s part in the so-called ‘trade wars’ between the US and other major global markets, to Mibelle’s ambitious Asia expansion plans, we round up some of the defining recent business and financial updates across the supply chain.
Upon celebrating 40 years in the makeup pencil and pen supply business at a reception last night in New York City, the company announced plans for a first North American manufacturing facility.
Clariant, global specialty chemicals company, has confirmed that SABIC is to complete a purchase of a 24.99% stake in it, after receiving all regulatory approvals.
Independent (or indie) beauty is a rising category within the wider beauty industry. Here, we round up some excellent trade events shining a spotlight on indie trends and brands.
Lumson, a packaging player active in beauty and personal care, has received a EUR 70 million injection from private equity firm Fondo Strategico Italiano, in exchange for a 35% stake.
A market research provider has released insights into the three main drivers pushing the leading beauty players on the global scene into the top spots.
The beauty giant has been making ambitious efforts to turn its faltering fortunes back around of late, but with its recent announcement of a Q2 sales decline, is it doing enough?
China has hit back in the escalating trade war with the US by imposing tariffs of up to 25% on $60bn worth of US goods which include cosmetics, fragrances, and ingredients like mica powder and zinc oxide.
