For the ninth successive year L’Oréal has been listed amongst the top most ethical companies in the world in the international organization’s 2018 World’s Most Ethical Companies, an award that is seen as setting the bar for ethical practices.
The French-founded beauty player, known for its strong naturals profile, has announced that for the nine months leading up to the end of December, net sales were up 3% at constant rates.
Continuing in its acquisition spree in the beauty and personal care industry, fast-growing online retailer The Hut Group has added prestige beauty brand Illamasqua to its portfolio.
Cosfibel Group has announced ‘strategic changes’ within its governance, as the packaging player looks to ‘consolidate the group’s expansion on a global level’.
A leading events series for the beauty and personal care industry, in-cosmetics, is gearing up to host the 2017 edition of its Formulation Summit next month.
Cutitronics, a UK university spin-off company, says it is getting closer to launching a ‘Fitbit for your skin’, a technology that could help companies deliver tailor-made skin care products for specific needs.
L’Oréal’s results for the first half of 2017 indicate the global beauty giant is still on track for record profit margins this year, even though it fell slightly short of market expectations.
L’Occitane International SA, a global cosmetics and skin care player that trades on its naturals and organics profile, has released its most recent quarterly results.
In results that accord with recent industry research, L’Oréal’s start of the year has been bolstered by a strong performance from its luxury brands, while its mass-market products were slower.
L’Oréal has been named as a 2017 ‘World’s Most Ethical Company’ by the Ethisphere Institute - a global leader in defining and measuring standards of ethical business practices.
L’Oréal saw its Group sales rise 1.8% for the first quarter 2016 to €6.55 billion, thanks to gains made in Western Europe and North America offsetting difficulties encountered in some emrging markets due to the strengthening euro.
Estée Lauder has long looked to acquisitions to strengthen its position in the cosmetics market and it will be hoping to do so in the fragrance sector with the acquisition of Paris-based fragrance firm By Kilian.
All eyes were on David S. Taylor, as he made his first public presentation as CEO and President of Procter & Gamble since he was appointed to the position last year.
German perfume retailer Douglas has begun its search for a new CEO after announcing that the current position holder, Dr Henning Kreke, plans to join the Supervisory Board and serve as chairman.
Coty is relocating its headquarters to London to ensure it is not in the same location as any divisional management offices empowering the business, and also to attract talent to the base, particularly with a new Growth and Digital department being launched.
The opportunities in the halal cosmetics market have been highlighted over the last few months with many big players looking at ways to prosper in it and it will be one of the main focuses at next year’s Cosmoprof Worldwide Bologna, according to show...
More news coming from Inter Parfums’ French subsidiary after it entered into an 11-year exclusive worldwide fragrance license agreement with New York design house, Coach, after it decided not to renew with its current partner, Estee Lauder, whose deal...
L’Oréal has posted strong fourth quarter and annual results and will look to the future ‘with confidence’ after recording growth in all divisions and all regions, despite a challenging economic situation.
MeadWestvaco (MWV) and RockTenn have taken steps towards creating a combined packaging giant with an equity value of $16 billion having signed a definitive combination agreement.
According to cosmetic giant L'Oréal, the mass market hit an 'air pocket' in western Europe during the third quarter, hitting its' consumer products division, which accounts for almost half of group revenues.
Rieke Dispensing’s reach in Asia has expanded once more and its manufacturing capabilities will be given a boost following its parent company TriMas Corporation’s acquisition of Lion Holdings Pvt. Ltd.
Amsterdam-based AkzoNobel and renewable oils company Solazyme have expanded their partnership agreement as they look to further develop the production of algal oils.
Estée Lauder Companies’ share price took a nose dive following the release of Q2 results showing a drop in earnings, but the verdict of financial analysts is mixed.
Switzerand-based Galderma Pharma, which produces a variety of dermatology-focused products, has acquired the manufacturer of dermo-cosmetic products, Spirig Pharma.
Avon Products has revealed details of the package brokered by new Chief Executive Officer Sherilyn McCoy, which points to the real possibility of a future buy-out.
Global fragrance company Coty, announced the opening of a new subsidiary in Russia as part of a strategic initiative to establish direct in-house marketing control of the Coty products in Russia.
Luxury perfumeries and cosmetics chain Marionnaud has announced plans to lay-off around 700 employees in France, owing to the “very difficult current economic context”.
Virginia based packaging company, MeadWestvaco, has announced its
acquisition of Keltec Dispensing Systems, which specializes in
airless packaging systems.
M&H Plastics has announced a new tube-packaging concept that
has water-clear transparency. The launch coincides with the recent
restructuring of the US management team that signifies the
company's desire for diversification...
Despite an overall increase in net sales, cosmetic leader, Revlon,
reported a third quarterly loss on Tuesday, due to costs incurred
for the discontinuation of unsuccessful product line, Vital
Radiance, and company restructuring.
International Flavours and Fragrances (IFF) is to separate its
business into two different units in a bid to better reflect its
flavour and fragrance operations.
US cosmetics brand Jane has teamed up with two private equity
groups to boost its presence in the market with what it hopes will
be the "next great mass market cosmetic brand."
Hair salon operator and hair care provider Regis says its has swung
back into profit following a string of disappointing results that
led Albert-Culver executives to withdraw from a proposed merger.
Sales of care chemicals were up 3 per cent in the first half of
this year at German company Cognis, which said the increase to €577
million was driven largely by the skin care and fatty alcohol
businesses.
The maker of Arm & Hammer toothpaste, Church & Dwight, has
elected a new president and chief executive officer. James Craigie,
who also takes a seat on the board, will succeed Robert Davies, who
will remain as chairman.
US company Avery Dennison has signed an agreement to sell its
package label converting business in Europe to CCL Industries, a
label and packaging solutions company based in Toronto, Ontario in
Canada.
