L’Oréal has pushed back its annual general meeting and suspended 2020 guidance as it braces for a more significant impact on business than first anticipated from the ongoing coronavirus crisis.
Swiss fragrance major Firmenich will acquire Les Dérives Résiniques et Terpéniques (DRT) as part of a move to further strengthen its renewable and sustainable perfumery portfolio.
Canadian beauty manufacturer KDC/ONE has snapped up another European firm on its acquisition trail, announcing the buy-out of Italian-headquartered air freshener specialist Zobele Group.
The contract research and testing lab venture, based in the Southwestern US, is now part of the multinational inspection, verification, testing, and certification company SGS.
Indie beauty brands act fast, taking opportunities in spite of risk, and this gives them the edge over corporations tied down by committee structures, says the CEO of the British Beauty Council.
The creativity of passionate founders is indie beauty’s biggest strength, and with that comes a personal touch that big players can aspire to, say two marketing and branding experts.
Personal care major Johnson & Johnson has reported stable full-year 2019 results, with marginal growth in consumer health driven largely by Neutrogena innovation despite a sales dip in baby care.
International skin care major Beiersdorf has released its unaudited, preliminary sales for 2019, spotlighting Nivea, La Prairie and Eucerin as key growth drivers.
France remains Europe’s most important prestige fragrance market and its top 10 best-selling list reveals a love of classic, designer French scents, with Dior and Chanel holding six spots, according to Suburbia.
Following a pitch competition in mid 2019, the video commerce channels owned and operated by Qurate Retail Group are putting winning brands on air and in front of millions of consumers.
In November, a private equity firm called Advent International announced it was acquiring the popular hair treatment brand. That deal closed in early January; and now, veteran beauty industry executive JuE Wong is at the helm with plans to expand the...
The British Beauty Council will continue its push to improve reputation, widen education and stimulate and celebrate innovation in UK beauty, following an extremely busy inaugural year, its CEO says.
Sustainable packaging innovation, analysis on animal testing bans across the world, and news of the multibillion Nestlé Skin Health sale and rebrand were just some of our most read stories last year.
Global beauty major L'Oréal has signed a long-term license agreement with high-end Italian fashion house Prada to develop a luxury beauty line it says will be an ‘ideal complement’ to its Luxe brands.
Global flavour and fragrance major Givaudan will acquire the cosmetics business of Indena - a move it says will strengthen its botanical capabilities and Active Beauty business.
L’Occitane’s acquisition of Elemis in January has contributed to strong growth across the group for the first half of FY2020, with overall net sales up 22.1% and extremely fast growth in the UK.
This past week Coty bought controlling stake in Kylie Cosmetics, The Estée Lauder Companies acquired Korea-based skin care brand Dr Jart+, and Olaplex accepted a private equity deal from Advent International. To get a sense of what these transactions...
L’Oréal has secured strong third-quarter earnings across its global business, driven largely by dynamic growth in its Luxe and Active divisions and business has accelerated across Eastern Europe.
Japanese cosmetics company Kao Corporation is looking to strengthen its global brand presence with the launch of the Curél skin care range in the UK and US.
A surprising number of UK cosmetic companies are still completely unprepared for Brexit, deal or no deal, and this needs to change fast, says the operations director of MSL Solution Providers.
L’Oréal has signed an agreement with Clarins Group to acquire its entire fragrance division which includes Mugler and Azzaro. The deal is set to close in the first quarter of 2020.
A consortium of renowned institutional investors has acquired Nestlé Skin Health, rebranding the entire unit Galderma and refocusing it as a pure play dermatology business.
Independent beauty is a global, growing marketplace but start-up mindsets need to shift up a gear to consider collaboration and expansion from the get-go, says the founder of Indie Beauty Expo.
B2B prestige cosmetics platform Aqiok has secured a multi-year financing agreement to develop a lending app for smaller prestige beauty brands in Europe and North America.
Proctor & Gamble has driven full-year 2019 net sales up 1% but a multi-billion write-down taken on its shaving brand Gillette has contributed to a net profit loss of close to €5bn.
Global flavour and fragrance major Givaudan is set to acquire Munich-headquartered fragrance house Drom, adding to its run of acquisitions this year and strengthening its global market hold.
Brand extensions and format innovations have fuelled growth for Unilever’s beauty and personal care unit for the second quarter of 2019, but more must be done to bolster sales, its CEO says.
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.
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...
Amid the changing selling environment, leading beauty and health retailers, Boots and Superdrug, pursue new methods and approaches to consumer engagement and brand positioning.
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.
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.
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, 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.
Boots, UK retail chain owned by Wallgreens Boots Alliance, is struggling in the face of fierce competition in beauty and personal care retail from discounters and online specialists.
In this Editor’s Spotlight, we pick out some of the key news from L’Oréal this year, including digital innovations like an acne app and its latest artificial intelligence on Amazon Beauty.
From pioneering new pigments for recycling packaging, to more major acquisitions in its sights, to commitments on gender equality and ingredients transparency, we take a look at what Unilever has been up to so far this year.
The beauty giant’s plans include a 15 million euros investment in Aulnay-sous-Bois plant, which would become part of L’Oréal’s luxury Excellence Manufacturing Centre.
Cosmetics manufacturer and retailer L’Occitane saw net sales grow 8.7% to €1.4bn ($1.6bn) for the last financial year, with the rise in China outstripping the global growth rate.
In this Editor’s Spotlight, we get an expert overview on thee Chinese cosmetics market regulations: which organisations regulate the market, and what do they require from beauty players?
In a sign that the fragrance, flavours and beauty ingredients player is keen to push forward the scale of its Active Beauty division, Givaudan has acquired the world’s first industrial supplier of vegan silk biopolymers.
Schwan Cosmetics has introduced its “Schwan Cosmetics re-invented” concept – a large offer of new and tailored services paired with a new corporate design.
A contender to the throne of leading global beauty retailer, The Hut Group (THG) has announced the latest extension to the capacity of its USD 1 billion banking facility.
The ingredients supplier has announced that it is expanding its capabilities in France for its Crodarom subsidiary, which produces botanicals extracts.
We caught up with Hannah Symons, Research Manager Beauty and Fashion at Euromonitor International, to hear more about the premium beauty segment: why it’s now outstripping the mass market for growth, and what she thinks will be next.
From controversy over skin whitening products to The Body Shop’s recent animal testing alternative appointment, we round up the biggest recent headlines in regulation and safety in this Editor’s Spotlight.
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