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Business & Financial

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M&A activity underlines increased investment in active and biofunctional ingredients

01-Sep-2015 - Ashland today confirmed the acquisition of the Zeta Fraction biofunctional technology from rival ingredients player Akzo Nobel, a move that forms part of an industry-wide investment in advanced ingredients technology that has...

DBA Preferred Fragrance takes loan against the future

01-Sep-2015 - The mass-market perfume distributor has struck an asset-based financing deal with Bibby Financial Services for several million dollars to sustain business as usual.

Givaudan acquires Induchem as Cosmetics Actives strategy continues

01-Sep-2015 - Swiss ingredients player Givaudan has continued its efforts to build its science-based active cosmetics ingredients business with the acquisition of Induchem.

P&G: tough times, lower spending, new era

31-Aug-2015 - 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...

Second edition of Makeup in Sao Paulo targets big rise in exhibitors

27-Aug-2015 - The global Makeup events are pressing on with their expansion into the Americas for the second edition of the Makeup in Sao Paulo event, highlighting the huge potential for the color...

Cosmoprof Las Vegas: Bliss Skincare reveals plans to break into color cosmetics

26-Aug-2015 - Bliss World skincare and spa company president Mike Indursky spoke to Cosmetics Design about the evolution of the business into a broader range of products that will include a full range of color...

Avon shares buck global downward trend on news of lawsuit settlement

26-Aug-2015 - Despite the major downward trend of global stock prices, Avon has had some good news as its share prices rose almost 5% upon news that a $62 million lawsuit is...

P&G to become a ‘simpler’ business with beauty refocus ‘essentially done’

19-Aug-2015 - Procter and Gamble’s CEO admits the company was clearly over-extended, particularly in Beauty, but with the refocus ‘essentially done’ it will become a simpler business to create value from.

Estee Lauder hit with skin care slump

18-Aug-2015 - Estee Lauder saw sales and earnings drop in the fourth quarter mainly due to a big drop in skin care as some of its heritage brands come up against big...

A look at why coconut is trumping palm oil in the Philippines

18-Aug-2015 - Despite the obvious sustainable benefits of coconut oil over palm, a politician has accused the Philippines government that the latter should be given an equal footing as coconut shows 'little...

Coty reports stronger results ahead of P&G portfolio acquisition

17-Aug-2015 - Coty pleased the financial market by revealing a strong set of fourth quarter results, beating expectations and seeing the business swing back into profit.

People on the move: the latest industry appointments

13-Aug-2015 - For the latest look at industry appointments, hiring and promotions, we bring news from Dr. Bronner’s and hair coloring experts ColorProof.

Unilever CEO says acquisitions make it a ‘major player’ in prestige market now

13-Aug-2015 - Unilever made its intentions clear since the start of the year through four prestige skin care acquisitions and the company now believes it is a major player right away in...

Henkel utilises consumer experience program to test new Schwarzkopf products

12-Aug-2015 - Henkel has taken a novel approach to consumer testing its Schwarzkopf hair products by launching its new VIP Tester program and offering selected internet users the possibility to exclusively test...

Sally Beauty Holdings’ disappointing – but not discouraging – Q3 results

10-Aug-2015 - At least that’s how company president & CEO Christian Brickman put it in his statement to the press on Thursday, which also indicates gross profits are up slightly and includes...

Elizabeth Arden sales slide on double hit from currency exchange and US market

10-Aug-2015 - Elizabeth Arden had a tough fourth quarter, with revenues suffering on account of unfavourable currency exchange and a big decline in its North American operations.

Safic-Alcan expands US footprint with ChemSpec acquisition

06-Aug-2015 - France-based speciality chemicals provider Safic-Alcan has acquired a majority stake in Ohio-based ChemSpec, a deal that will also give it a footing in the China market.

Edgewell Personal Care reveals first financial results after spin-off

06-Aug-2015 - The newly spun-off and renamed business, Edgewell Personal Care, has released the first financial results, showing it was hard hit by the currency revaluation in Venezuela and the strength of...

Beiersdorf posts positive results despite Western Europe dip

05-Aug-2015 - Beiersdorf has continued on its positive growth path thanks to the weak euro’s current situation, lower costs, and rising sales of Nivea and Eucerin products; although it remains cautious after...

Sun Chemicals acquires UK decorative color cosmetics provider

04-Aug-2015 - New Jersey-based Sun Chemical and parent company, DIC, have acquired Kingfisher Colours Limited, a privately-owned decorative cosmetics color manufacturer with a global footprint and based in Reading, United Kingdom.

Design agency Diadeis acquires Kong Rex

04-Aug-2015 - By picking up the Brazilian firm, graphics services company Diaeis is expanding its global footprint as well as jockeying to work with leading beauty and personal care companies investing in...

LVMH reports strong perfume sales despite China concerns

04-Aug-2015 - Despite the Chinese market proving tough for some of LVMH's brands, the luxury goods firm reported a 6 per cent increase in its perfumes and cosmetics division.

Colgate results continue to slide on currency headwinds

03-Aug-2015 - Colgate-Palmolive has reported its fourth consecutive quarter of falling revenues as it continues to battle a strong US dollar against international currencies.

L’Oréal reports optimistic half-year results

03-Aug-2015 - Business for the beauty giant is booming everywhere—except in Brazil—and the success of some niche brands acquired by the company says a lot about evolving consumer behavior and which business...

Analysis from Euromonitor

Brand divestment and new CEO signal P&G’s focus shift away from Beauty

31-Jul-2015 - 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...