Financial focus

Evonik repositions itself in personal care

Evonik repositions itself in personal care

By Lucy Whitehouse

Evonik, major specialty chemicals company active in the beauty industry, has repositioned itself in personal care and household products markets to form its new Care Solutions business.

Avon cuts back US operations

Avon cuts back US operations

By Deanna Utroske

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.

Latest business and financial updates from around the world

Latest business and financial updates from around the world

By Lucy Whitehouse

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.

Unilever simplifies its business structure: set to become one legal entity

Unilever simplifies its business structure

By Lucy Whitehouse

Unilever has announced the how it intends to carry out its planned transformation into a ‘simpler, more agile and more focused business’.

Beauty products caught in an ugly trade war

News Analysis – Guest Author

Beauty products caught in an ugly trade war

By Aliza R. Karetnick

As global players, the well-being of cosmetics and personal care companies depends, in large measure, on an open international marketplace free from excessive duties, which have a tendency to depress manufacturing growth and, in turn, dampen robust industry...

Coty teams with DKSH in Asia

Coty teams with DKSH in Asia

By Deanna Utroske

Again Coty has partnered with the market expansion services company, in this instance to advance the beauty maker’s professional hair care business in Singapore and Malaysia.

Eurofragrance invests to upgrade perfume and fragrance production facility in Mexico

Eurofragrance upgrades production facility in Mexico

By Deanna Utroske

The international fragrance maker has embarked on a two-phase facility improvement project, which will in turn expand the company’s capabilities—blending raw materials, essential oils, and molecules—in Mexico and the surrounding region.

“We are not perfect” says L’Oréal veteran about the beauty industry

Exclusive Interview

“We are not perfect” says L’Oréal veteran about the beauty industry

By Lucy Whitehouse

The cosmetics industry in Europe is living through a challenging time: Brexit is looming, for one thing, and for another, the industry is under frequent, intense scrutiny for its practices and impact (bans on microplastics and animal testing are key examples)....