French-headquartered venture capital firm Seventure Partners plans to unlock a third wave of microbiome innovation funds next year, aiming to invest €300 million in more than 20 cutting-edge companies, its CEO says.
UK-based startup Chāmpo has secured funding it says will be used to drive retail growth, international expansion and NPD during an exciting and pivotal time for the hair care market.
European life sciences investment firm Seventure Partners has extended the final close of its second microbiome innovation fund and increased focus on advances in the skin microbiome space.
On Wednesday, the fragrance maker announced having signed a strategic agreement with Divabox, the company that owns the Origines-parfums beauty ecommerce platform. It’s an investment deal that brings e-retail to Interparfums.
Nuritas has announced that it recently closed a €16M Series A funding round aimed to support its innovation in the area of peptides for personal care and health applications.
Founders Neda Daneshzadeh and Alicia Sontag announced the launch of Prelude Growth Partners at the start of this month and are on the lookout for “high potential, fast-growing consumer brands” in the beauty business.
Evonik, one of the leading players in specialty chemicals, has announced it has made an investment into Numaferm, a biotech startup specialising in making the production of peptides more efficient.
The prestige, professional color cosmetics brand announced this month that the private equity firm L Catterton has made a large capital investment that will allow the makeup brand to expand quickly in the US.
As China remains a dominant make up producer, particularly in areas of innovation such as lip care, the next ten years are expected to bring increased overseas investment, governmental backing and worldwide business opportunities.
Early this year the global beauty and fragrance company announced plans for a complete reorg, following its 2016 acquisition of Elizabeth Arden. Now the company has hired a chief operating officer with a track record of restructuring.
This week, the cosmetics and personal care company announced a partnership with private equity firm Main Post Partners and is looking forward to global growth.
Evonik has announced the successful completion of a project to modernize its plant in Krefeld, Germany and step up production of superabsorbent products.
Croda has moved to bolster its European surfactants offering with a groundbreaking ceremony at its Chocques manufacturing site in northern France that signals the start of a major capital investment.
Vaniday, an international beauty app, has turned its sights to global expansion with its recently announced launch in Asia, where its efforts have begun in Singapore.
Douglas Holding announces its latest bid to accelerate growth and strengthen its position as Europe’s leading omni-channel beauty retailer with more than €100 million additional investment; and the company also announces Isabelle Parize as its new CEO.
Unilever is looking to build a new personal and home care factory in Cuba after partnering with state-owned company Intersuchel and agreeing a $35 million joint venture.
The Nestlé Skin Health division is building on to its existing North American manufacturing plant, boosting production capacity and increasing employment at the site by more than 20%.
Natural ingredient firm Frutarom is expanding its horizons in the promising world of algae-based biotech products with an investment in Israeli start-up company Algalo Industries; in a move that could impact its cosmetics and food interests.
The newly formed private equity group L Catterton is a partnership among LVMH, Groupe Arnault, and Catterton, and is aiming to impact all the major consumer markets—cosmetics and perfumes included.
Procter & Gamble saw all of its categories post a double-digit drop in sales for the first quarter fiscal year 2016 due to weak demand and a strong dollar; and Beauty and Grooming were the biggest offenders.
Unilever CEO Paul Polman insists the company will continue to invest in its brands across all sectors but that soft markets and a slow global economy do not show any signs of improvement any time soon.
Germany's largest retailer, Metro has partnered up with one of China's biggest shopping platforms - Alibaba, to branch out in the region where it mainly has dealt in wholesale cash & carry stores.
Procter & Gamble is on course to emerge as a leaner and probably healthier business in the wake of selling off a $12.5 billion slice of its fragrance and cosmetics business to Coty.
It has been a busy time for Procter & Gamble with the brand divestment to Coty and the announcement of its new CEO and this all acts as evidence that the company is shifting its focus away from Beauty, according to market research firm Euromonitor...
Ingredients supplier Evonik announces that it has divested its remaining 10.3% stake in the residential real estate company Vivawest in order to focus solely on the specialty chemicals business, of which cosmetics plays a big part.
While the 'alphabet cream craze' undoubtedly epitomizes multi-functionality; BB, CC, and DD creams are just the tip of the iceberg. Therefore, Cosmetics Design has dedicated a forum to keep the industry up to date with the latest challenges...
France-based natural ingredients player Naturex has invested in the expansion of its production facility in Chile in an effort to increase the processing of quillaia extract.
Unilever felt the full force of the slowdown in emerging markets, with China in particular making for bad news; and even the performance of its largest, and normally more reliable, category, Personal Care, took a hit.
With developed markets now a stagnant landscape for consumer goods sales, multinational Unilever has said it is prepared to cut more jobs in Europe if conditions fail to improve.
Procter & Gamble’s announcement about divesting 100 brands suggests that it still has more to do going forward as it looks to cut costs, according to an industry expert.
Packaging and specialty chemicals provider MWV says that the strongest results came from its home, health and beauty packaging division, helping it post strong overall second quarter results.
Anglo-Dutch giant Unilever saw a 6.3% decline in turnover in its first quarter but stabilizing sales in Europe and a robust Personal Care performance has given the company a solid start to the year.
Industry veterans like Alain Khaiat, President of Seers Consulting, was amongst engaging presenters at last week's first ever Cosmetics Vision event, where he outlined his strategy for cracking the Asian markets.
UK-based ingredients provider CPL Aromas says that significant growth in South America, the Far East and India have helped to drive record-breaking results for the company.
On the recent completion of an agreement with Syneron Medical to create a range of at-home beauty devices, it is clear Unilever has its sights set on dominating the segment.
Although the emerging markets in Asia Pacific and Latin America continue to be stronger economies, the slowdown in growth is likely to stay for the longer term, says Unilever CEO Paul Polman.
![The third Health for Life fund from the venture capitalist will be firmly focused on microbiome innovation, across skin, gut, vaginal and oral categories [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/seventure-partners-health-for-life-iii-microbiome-innovation-fund-to-be-released-in-2023-with-300m/15889718-1-eng-GB/Seventure-Partners-Health-for-Life-III-microbiome-innovation-fund-to-be-released-in-2023-with-300m.jpg)
![Chāmpo offers a range of shampoos, conditioners and hair oils made using active botanicals based on Ayurvedic principles [Image: Chāmpo]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/ayurvedic-hair-care-brand-champo-secures-1m-pre-series-a-funding/13092572-1-eng-GB/Ayurvedic-hair-care-brand-Champo-secures-1m-pre-Series-A-funding.jpg)
