After a difficult start to the year with COVID-19, the beauty and personal care category is set to see sales soar as usual during the Christmas holiday season with consumers maintaining spend and shopping online, according to marketing firm Rakuten Advertising.
Personal care giant Colgate-Palmolive has reported a continued sales rise for the second quarter of 2020, driven largely by a strong performance in North America and increased demand for liquid hand soaps.
International beauty major L’Oréal has reported a sales drop across its entire business for the first half (H1) of 2020, but its CEO says the company has shown resilience in a challenging time, particularly through e-commerce.
L’Occitane Group believes the long-term success of its online and omnichannel initiatives still rely on the presence of brick-and-mortar stores, despite sales being hit during the COVID-19 pandemic.
Personal care major Unilever has reported a slight dip in total net sales for the first half of 2020 but a 10% surge in net income, largely driven by a strong performance across its hygiene business.
Personal care major Johnson & Johnson has reported a sharp drop in net earnings across its global business for the second quarter of 2020 and a dip in sales across consumer health due to COVID-19.
A compilation of CosmeticsDesign-Europe’s most-read news from June 2020 shows significant interest in big brand innovation, including L’Oréal’s paper tube roll out and Coty’s perfume patent, as well as high engagement on M&A news and brand ranking...
The Ohio-based health and hygiene company making Purell brand hand sanitzer, hand soap, hand wipes and surface disinfectant spray is working around the clock and expanding into new facilities to manufacture these sought-after personal care and cleaning...
Consumer goods major Unilever will unify its split Anglo-Dutch legal structure into a single parent company in the UK – a move set to future-proof business, especially important during COVID-19, its CEO says.
Spanish fashion and fragrance firm Puig will acquire a majority stake in Charlotte Tilbury – an interesting move given rumoured competition from Unilever, though one that makes a lot of sense given company strategies, according to market experts.
French packaging major Albéa has completed the divestment of its dispensing systems, metal and Brazil businesses to US packaging firm Silgan, now refocusing on tubes, rigid cosmetic packaging and beauty solutions, its CEO says.
Global flavour and fragrance major Givaudan has completed the acquisition of Italian botanical specialist Indena and announced plans to acquire French biotech firm Alderys – all part of a wider drive to strengthen active beauty capabilities.
The European Organization of Cosmetic Ingredients Industries and Services (UNITIS) has called on tradeshow organisers to cancel all 2020 cosmetics events, stating a need to remain sensitive to the reality and constraints currently facing industry.
The ongoing coronavirus (COVID-19) pandemic has changed the face of beauty business as we know it, and a dig into the financials shows some majors and categories have weathered the storm better than others.
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