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.
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.
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.
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.
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.
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.
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.
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...
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.
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.