An independent report analysing the reputation of 14 of the world’s biggest beauty players around environmental, social and corporate governance (ESG) criteria has ranked Kao, Procter & Gamble Beauty and Estée Lauder leaders.
Proctor & Gamble has driven full-year 2019 net sales up 1% but a multi-billion write-down taken on its shaving brand Gillette has contributed to a net profit loss of close to €5bn.
The global beauty corporation released Q4 and full-year results this month, disclosing how Coty’s acquisitions of not only the P&G Beauty Business but also of ghd and Younique are impacting the business.