Financial focus

L’Oréal Makes Changes at the Top

Editor's Spotlight

L’Oréal Makes Changes at the Top

By Natasha Spencer-Jolliffe

Beauty leader, L’Oréal, appoints several new members to its Executive Committee, who will join the company this summer to support and spearhead its strategic direction.

UK boasts £28.4 bn beauty product and services industry, report reveals

UK boasts £28.4 bn beauty product and services industry, report reveals

By Natasha Spencer-Jolliffe

In the first report of its kind, the British Beauty Council reveals the economical contribution of beauty in 2018 to equate to 1.3% of the UK’s total GDP — a figure that is equivalent to all the economic activity occurring in either Manchester or Glasgow...

©Getty Images \ (LeoWolfert)

Personal care manufacturer KDC/ONE makes second acquisition this month

By Deanna Utroske

The Canadian company announced this week that it has reached a deal to acquire Swallowfield’s beauty manufacturing business. The news comes just 2 weeks after KDC/ONE acquired Alkos and again furthers the company’s presence and capabilities in Europe.

Health & Happiness Group (H&H Group), NewH2, signs an agreement to acquire a minority stake in personalised skin care provider Proven Skincare.

H&H Group invests in AI-focused Proven Skincare

By Natasha Spencer

The innovation branch of Health & Happiness Group (H&H Group), NewH2, signs an agreement to acquire a minority stake in personalised skin care provider Proven Skincare and its artificial intelligence (AI) technology.

Biesterfeld and Carrubba expand collaboration in Europe. ©Biesterfeld Spezialchemie

Biesterfeld and Carrubba expand collaboration in Europe

By Natasha Spencer

Speciality chemicals distributor, Biesterfeld Spezialchemie, is growing its existing relationship with flavour, fragrance and botanical extract name, Carrubba by expanding it into the European marketplace.

Beiersdorf: the multinational’s 2019 performance so far

Beiersdorf: the multinational’s 2019 performance so far

By Lucy Whitehouse

Beiersdorf, German parent company of major skin care brands including Nivea and Eucerin, kicked off 2019 with a new strategy and an additional investment program announced. We take a look at where it’s got to so far this year.

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