French cosmetics company L’Occitane has moved to make its portfolio more appealing to millennials and Gen Z consumers with the acquisition of Australian clean beauty brand Grown Alchemist.
UK-headquartered Revolution Beauty Group has completed its acquisition of BH Cosmetics assets in a €3.4m deal set to re-energise the US brand after its bankruptcy filing in January.
The LVMH Group has acquired French fragrance and cosmetics company Officine Universelle Buly 1803, citing the strong philosophy match would see global growth flourish.
Sephora’s acquisition of British beauty e-commerce major Feelunique and tie-up with German online fashion retailer Zalando are clearly part of a move to capture younger beauty consumers, notably millennials and Gen Z, says an analyst.
In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight L’Occitane’s full-year results, Unilever’s acquisition of Paula’s Choice and more.
Personal care major Unilever has finalised the separation of its smaller beauty and personal care brands, now set to operate under a standalone business ‘Elida Beauty’ where executives will decide next moves for generating growth.
A round-up of CosmeticsDesign-Europe’s most-read news from February 2021 shows interest in Unilever’s beauty divestiture plans, the CosIng listing of natural whole-hemp CBD and research into sustainability and active skin care trends amidst COVID-19.
Personal care major Unilever has begun the process of separating out some of its smaller beauty and personal care brands as part of a portfolio reshuffle that will also see potential acquisitions in prestige beauty, according to its CEO.
Specialty chemicals major Croda International is set to acquire Spanish fragrance and flavour firm Iberchem in a multi-million-euro deal that creates a full-service offering for beauty and personal care manufacturers.
The merger between International Flavors & Fragrances and DuPont Nutrition and Biosciences will be carved into four divisions, with ‘scent’ the most important for the beauty world.
The creativity of passionate founders is indie beauty’s biggest strength, and with that comes a personal touch that big players can aspire to, say two marketing and branding experts.
Sustainable packaging innovation, analysis on animal testing bans across the world, and news of the multibillion Nestlé Skin Health sale and rebrand were just some of our most read stories last year.
There was a steady flow of mergers, acquisitions and business partnerships throughout 2019, particularly in fragrances. This round-up spotlights some of the most significant moves of the year.
The merger between International Flavors & Fragrances and DuPont Nutrition and Biosciences creates a monopoly in fragrances that will shake-up global supplies for beauty and personal care, says Euromonitor International.