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.
The global luxury goods market will shrink dramatically in the face of the ongoing coronavirus (COVID-19) crisis, with significant downgrades expected in Switzerland, Germany, Italy and France, says Euromonitor International.
L’Occitane International is looking to boost development in the hand care category to keep up with demands generated by the novel coronavirus (COVID-19) outbreak.
The merger between International Flavors & Fragrances and DuPont Nutrition and Biosciences will be carved into four divisions, with ‘scent’ the most important for the beauty world.
International skin care major Beiersdorf has reported a sales dip for the first quarter of 2020 amid the ongoing coronavirus (COVID-19) pandemic, with European business and the La Prairie brand especially hard-hit.
ANJAC Health & Beauty will buy fellow French personal care contract manufacturer Roval Cosmétiques in a move set to strengthen its presence in France’s health and beauty category.
Unilever has reported flat sales for the first quarter of 2020 and withdrawn its full-year outlook amid the ongoing coronavirus crisis, though beauty and personal care turnover rose by almost 2%.
Procter & Gamble (P&G) has reported a sales rise for its fiscal 2020 third quarter, buoyed by home and healthcare divisions, but net sales in beauty shrank due to a poor SK-II performance linked to travel retail closures.
Personal care major Johnson & Johnson has lowered its 2020 guidance to reflect the impact of the ongoing coronavirus (COVID-19) crisis, despite a strong net income surge for the first quarter.
L’Oréal has finalised its acquisition of the Clarins Group fragrance division, which includes Mugler and Azzaro – part of a wider push into perfume it says will be important for growth.
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.
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