On the back of a poor financial performance in 2017 capped by the newly published fourth quarter results, Revlon has announced that its CEO and president Fabian Garcia is stepping down.
The ingredient maker celebrated the milestone Monday in São Paulo, where the company’s American headquarters are located. Wacker isn’t resting on its laurels though, the company has already begun building its next multifunctional facility in South America.
L’Oréal has received a Grand Prize for gender diversity, picked out as a winner of the first Gender Diversity Awards to be held by Ethics & Boards and the Institut du Capitalisme Responsable (ICR).
The latest executive industry appointments include new positions on the board at fragrance and ingredients provider Firmenich and Germany-based biotechnology provider Brain.
The Anglo-Dutch consumer goods giant announces that Dr Marijn Dekkers will succeed Michael Treschow as chairman of Unilever N.V. and Unilever PLC as of April this year, and will look to take the company’s strategy forward.
Royal DSM announces that it is making adjustments to its organisational and operating model as it looks to create a more focused and cost efficient organisation, with a clearer market focus on a global scale; but this will mean job losses.
Procter & Gamble announces that David S. Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as the company’s President and Chief Executive Officer.
In the wake of the announcement that MeadWestvaco (MWV) is set to merge with RockTenn, several lawsuits have been filed in the past few days questioning the value such a deal would bring to shareholders.
Proctor & Gamble has appointed Francis S. Blake, former CEO of Home Depot, to its board of executive directors, the latest move in a series ultimately aimed at revamping the business.
Revlon has confirmed the acquisition of Spain-based salon and professional beauty business The Colomer Group; a move that serves to reinforce the portfolio of its own Revlon Professional business.
Germany-based cosmetics and personal care Beiersdorf has announced a key change in its executive board, together with the passing of its honorary chairman Georg Claussen.
After 30 years with the beauty behemoth, Sir Lindsay Owen-Jones, honorary chairman of L’Oréal, has notified his decision to resign from the board of directors of the group, commenting on how much the company has strengthened.
Nivea skin care maker Beiersdorf reported an increase in profits for full year 2012 with all of its core brands showing strong growth, and will continue to focus on success in the emerging markets going forward.
With Procter & Gamble executives under pressure to perform like never before, the company’s annual shareholders meeting focuses on how its plans to turn around a lack luster performance.
Avon Products has appointed a new head for its China operations, a move that aims to smooth over the heavy burden of ongoing bribery investigations and poor financial results.
Avon Products has confirmed in an SEC filing that its vice chairman Charles Cramb has been fired following ongoing investigations into bribery centred on its China operations.
UK-based packaging player Rexam says that a continued weak performance in its personal care division means that it is now considering divestment of the division.
More and more cosmetic ingredient companies are growing their presence in China as they look to take advantage of R&D opportunities and being close to local customers in the fast-growing market.
German chemical company Oxea is looking to capitalise on local customers in China as it announced it will build its first chemical plant in the region for the production of oxo derivatives that are used in personal care products.
Beiersdorf has announced new measures designed to focus the business on skin care, which it says will weigh on next year’s operating margin, including pulling out of the color cosmetics market in Germany.
Physicians Formula has received a NASDAQ Staff Deficiency Letter threatening the company with delisting if it does not fulfill requirements for its executive board.
Migami, a US-based company that has made its name developing and
testing clean air technology, has acquired assets in the company
Innovay, giving it a new direction purchasing licensing rights for
cosmetic and pharmaceutical products.
In an open letter to members of the Parlux executive board, Glenn
Nussdorf, who has a 10.5 per cent stake in the company, has made
his point clear that he believes the proposed sale of the Perry
Ellis license agreement is 'not...
Global cosmetics giant Beiersdorf has announced the next step in
its restructuring plan with plans to sell off the production and
logistics facilities for its France-based affiliate.
Arista Tubes says it is due to open a facility to manufacture tubes
for the beauty industry in Danville, Virginia by the end of the
first quarter of 2007.
Having confirmed strong sales growth for the first three months of
the year, German cosmetics giant Beiersdorf says it is expecting to
build on growth during the course of 2006.
Oriflame's less than impressive debut as a public listed company
and falling profits has prompted major boardroom changes,
highlighted by the appointment of Magnus Brännström as the
company's new CEO, Simon Pitman reports.
Essel Propack, an important manufacturer of laminated tubes used in
the cosmetics, personal care and toiletries sector, has acquired
the UK-based Arista Tubes, which manufactures plastic seamless
tubes.
Atrium this week announced its full acquisition of active
ingredient supplier Siricie. The €1.6 million cash deal
demonstrates the trend of biotechnology companies moving further
towards novel products.
