DuPont and IFF have received final regulatory approval from the European Commission for a merger that will create an industry giant valued at more than $45 billion.
Digital marketing and communications agency The Beauty Makers has launched a brand incubator to help build out future innovation-led companies in an increasingly competitive but exciting space, its founding partner says.
Consumer goods major Unilever has completed the unification of its Anglo-Dutch legal structure in a move it says will future-proof business by enabling greater flexibility on strategic portfolio updates.
This week, multinational flavors and fragrance producer Symrise announced having signed an agreement to buy the fragrance and aroma chemicals business of Milwaukee, Wisconsin – based Sensient Technologies. The deal not only expands Symrise’s global reach...
Specialty chemicals major Croda International is set to acquire Spanish fragrance and flavour firm Iberchem in a multi-million-euro deal that creates a full-service offering for beauty and personal care manufacturers.
Imerys Talc America filed for bankruptcy the same month that US District Judge Freda Wolfson issued a ruling that allowed thousands of lawsuits against Johnson & Johnson to proceed. Now, the France-based industrial mineral company is selling its North...
The ongoing coronavirus (COVID-19) pandemic continues to challenge beauty business globally, and another look at the financials shows certain majors and categories continue to fare better than others.
US male grooming brand Manscaped has expanded into the European Union, initially online via its own website and Amazon but over time it will look to secure a brick-and-mortar retail presence, it says.
The beauty and personal care world has faced significant upheaval on a global scale during the ongoing novel coronavirus (COVID-19) pandemic, but it has also emerged as resilient and innovative despite consumer and retail trends morphing at great speed....
Personal care giant Colgate-Palmolive has reported a net sales rise for the third quarter of 2020 and issued full-year guidance due to better visibility, despite continuing challenges related to COVID-19.
International skin care major Beiersdorf has reported a sales drop for the third quarter of 2020 though sales in dermocosmetics grew, proving the segment to be particularly COVID-19 resilient.
International beauty major L’Oréal has reported a global sales rise for the third quarter of 2020 despite operating in a market still reeling from COVID-19, though Western Europe sales declined.
Personal care major Unilever has reported a net earnings dip for the third quarter of 2020 despite signs of volume-led growth across the business, particularly in skin cleansing.
Procter & Gamble (P&G) has reported a net sales rise for its first quarter of fiscal 2021 and raised its full-year outlook as the company continues to fare well despite COVID-19 headwinds.
Japanese skin care brand Meeth is poised to increase its presence in the international market on the back of consumer demand for high-performing, results-driven products.
International beauty major L’Oréal has announced a series of changes at its helm for next year, including the succession of its current CEO and creation of a new business division merging research, innovation and technologies.
Personal care major Johnson & Johnson has reported a lift in sales for its third quarter thanks to growth in its consumer health division, drawing the firm out of its previous Q2 plunge.
Gucci, Louis Vuitton and Cartier are the most-valuable luxury brands in the world with beauty and fragrance offerings, and Givenchy and Tom Ford are the fastest-growing, according to Brand Finance.
The ongoing COVID-19 crisis has hit French cosmetics firms hard, with very few experiencing growth opportunities and many looking for additional support moving forward, according to market analysis conducted by The French Cosmetics Association for SMEs...
Korean skin care and tech start-up LYCL Inc. has outlined strategic plans to advance its expansion beyond its home market and into new product categories following a fresh injection of funding from Beiersdorf and other investors.
Hong Kong-headquartered beauty retailer A.S. Watson is eyeing what it sees as a gap in the market for skin care and masstige segments for success in its first venture into the Middle East.
With sales down nearly 40% year-over-year, the perfume manufacturer updated its 2020 financial guidance this month and shared insight into the company’s holiday expectations and ambitious plans for 2021.
Asia-Pacific beauty retail major A.S. Watson Group is primed to expand into Gulf Cooperation Council countries under an exclusive franchise agreement with regional conglomerate Al-Futtaim.
The UK cosmetics and toiletries sector will see a €1.8bn (£1.7bn) value decline in 2020, after a tough year largely defined by the ongoing coronavirus (COVID-19) crisis. But growth will return in 2021 with the right investments, says GlobalData.
Paris-based personalised perfume workshop The Alchemist Atelier has already expanded into several European countries online and is now exploring options for a physical footprint push, its CEO says.
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.
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.
