Financial focus

Unilever backs seven start-ups to boost digital reach

Unilever backs seven start-ups to boost digital reach

By Lucy Whitehouse

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.

Cosmetics missing m-commerce opportunities in Europe

Cosmetics missing m-commerce opportunities in Europe

By Lucy Whitehouse

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.

Healthier sales indicate a rebound year ahead for Germany

Healthier sales indicate a rebound year ahead for Germany

By Lucy Whitehouse

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).

Coty announces new SVP

Coty announces new SVP

Global cosmetics manufacturer Coty has appointed Catia Cesari as senior vice president business development, mergers & acquisitions.

Nestle sells stake in Givaudan

Nestle sells stake in Givaudan

By Chris BARKER

Nestle has announced that it will sell its entire 10% stake in fragrance and flavour giant Givaudan. 

Hermann Koch sold to investment group

Hermann Koch sold to investment group

By Chris BARKER

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.

Douglas will expand perfume empire with further acquisitions

Douglas will expand perfume empire with further acquisitions

By Chris BARKER

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.

Estee reportedly “in talks” to purchase Butter London

Estee reportedly “in talks” to purchase Butter London

By Chris BARKER

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.  

Unilever invests in a female workforce for the future

Unilever invests in a female workforce for the future

By Chris BARKER

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.

Douglas to purchase Nocibe in €500m deal

Douglas to purchase Nocibe in €500m deal

By Chris BARKER

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.

Avon to close all French operations

Avon to close all French operations

By Chris BARKER

US cosmetics giant Avon has announced that it will close down all of its French operations at the end of this month as the result of declining sales and consistent operating losses.

BYK expand Wesel management team

BYK expand Wesel management team

Cosmetic additives company BYK has expanded their Wesel management team with the addition of Frank B.J. Wright, a former MD at Rockwood Holdings.

Colour cosmetics perform well in Ireland

Colour cosmetics perform well in Ireland

By Chris BARKER

Colour cosmetics in Ireland performed well in 2012 on the back of growth in facial make-up, nail polishes and lipsticks, according to a report by Euromonitor.

ONC is strong in omega-3 supplements, but could drug apps hold greater promise?

DSM eyes generic omega-3 drug space with €420m ONC buy

By Shane Starling

DSM will use its global reach to drive its latest acquisition - fish-sourced omega-3 leader, Ocean Nutrition Canada, beyond its core North American market – but sees opportunities in generic drugs that may prove more lucrative.

Jean-Paul Agon, L'Oréal CEO

L’Oréal chief to hand back stock-options

L’Oréal CEO Jean-Paul Agon has announced that he will hand back half the stock-options he received in 2010 and that the French firm will stop using them altogether.

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