Finance

The King and Queen of Spain were present at the official opening of Puig's new offices in Barcelona

Skin Care becomes Puig’s fastest-growing segment

By Kirsty Doolan

Spanish beauty company Puig hit total sales of €4.3bn in 2023 – up by 19% from the previous year – and the company is now making waves in the skin care category, outside of its traditional focus on fragrance and colour cosmetics...

As more consumers continue to seek out derma-based beauty products, brands like CeraVe saw success

Derma beauty sales fuel growth for L'Oréal

By Kirsty Doolan

The French multinational recorded notably strong growth for its derma beauty portfolio, but results in mainland China were disappointing for Q3 2023.

Image: Getty

Mid-year business update: EMEA

By Kirsty Doolan

Business and financial highlights from some of the region's biggest beauty and personal care brands.

Oriflame refinances credit facility

Oriflame refinances credit facility

By Andrew MCDOUGALL

Swedish manufacturer Oriflame Cosmetics has signed a new €110m Revolving Credit Facility replacing the existing €330m facility, and has adjusted its reduced debt levels accordingly.

EU invests €7.75 million in SME innovation studies

EU invests €7.75 million in SME innovation studies

By Michelle Yeomans

The European Union has announced that funding worth €7.75 million will be given to 155 small and medium-sized enterprises from 21 countries, including Israel and Turkey, for innovation studies.

Symrise secures finance for Diana acquisition with €500 million bond

Symrise secures finance for Diana acquisition with €500 million bond

By Lucy Whitehouse

German scents and flavours group Symrise is now all set to buy France's Diana Group, having successfully issued a bond, whose €500 million value as part of a ‘comprehensive financing concept’ means the company’s finances are now in shape for the...

Body Shop turns the corner

Body Shop turns the corner

UK-based Body Shop has upped its expectations for the coming
financial year on the back of full-year results revealing a trading
come-back. Growth had come on a global basis thanks to a successful
investment programme to enhance the...

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