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Business Financial Acquisitions Performance

Business & Financial

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News in brief

Kimberly-Clark cuts 2% of workforce

23-Oct-2014 - The company plans to reduce its staff count by as many as 1,300 part of a restructuring that is spinning off health care and refocusing the business on segments including...

P&G management reshuffle announced as streamlining continues

23-Oct-2014 - Procter & Gamble announces a number of changes to its management team in line with its plan to streamline the business by putting key personnel in place in core business...

CEW honors cosmetics entrepreneurs with Achiever Awards

22-Oct-2014 - Cosmetics Executive Women recognized five industry experts this week in New York City—Laura Geller, Alli Webb, Jane Wurwand, Wende Zomnir, and Sissel Tolaas—for their achievements as innovators and business leaders....

Specialty chemical company Evonik opens production facility in Brazil

22-Oct-2014 - The new plant will produce 50,000 metric tons of ingredients each year, economizing the supply chain for cosmetic and consumer goods companies in the region while banking on the vigorous...

Natural ingredient supplier Arysta LifeScience to be acquired

21-Oct-2014 - Arysta LifeScience, a producer of natural ingredients used in cosmetics as well as fungicides and herbicides, is being acquired by chemical maker Platform Specialty Products.

L'Oreal to launch multi-cultural division starting with Carol's Daughter acquisition

21-Oct-2014 - L'Oreal signed this week to acquire the multicultural beauty brand and plans for it to continue under current leadership while making full use of its expertise in the multicultural beauty...

News in brief

DSM announces new Personal Care appointment

17-Oct-2014 - DSM’s Personal Care Business Unit announces a new management appointment as Gaëlle Bathany-Di Mascio joins as Head Global Key Account Management. 

Estée Lauder acquires Le Labo prestige fragrances

16-Oct-2014 - Estée Lauder is poised to close on its acquisition of prestige fragrance company Le Labo next month and further develop the pioneering brand.

News in brief

Investment world gives thumbs up to Nu Skin credit facility

16-Oct-2014 - Shares in US-based Nu Skin spiked yesterday on the back of renewed investor confidence after the company announced the confirmation of a $375m credit note with the Deutsche Bank.

News in brief

Remington goes on US tour to grow beards and brand awareness

15-Oct-2014 - The company’s Beard Boss team will visit several cities on a week-long road trip designed to build brand awareness and customer loyalty for its men’s grooming and styling products....

Procter & Gamble sets new sustainability objectives across the supply chain

15-Oct-2014 - The company announced this week its intentions to further limit water use and packaging as well as to take advantage of more renewable materials by 2020.

News in brief

Ulta Beauty appoints new independent director

14-Oct-2014 - Ulta Beauty says that Michelle Collins, President of Cambium, a business and financial advisory firm, has been appointed to its Board of Directors, and as a member of its nominating and corporate...

News in brief

Avon gets downgraded by Moody’s

13-Oct-2014 - Avon Products has had its senior unsecured note rating downgraded by Moody’s Investor Service, reflecting concerns about the company’s restructuring and general business standing.

Avon redesigns e-commerce platform to enhance user-engagement

09-Oct-2014 - Avon has redesigned its e-commerce site, with the aim of improving support for its direct sales representatives, as well as improving consumer access the brands.

Analysis

Experts give mixed response on Coty’s Bourjois acquisition

08-Oct-2014 - Shares have risen in Coty since it announced its intention to acquire luxury fragrance and color cosmetics brand Bourjois from Chanel, but a Euromonitor analysts says the deal does not...

Coty puts $239m bid in for Chanel’s Bourjois cosmetics brand

08-Oct-2014 - Fragrance, colour cosmetics and skin care brand owner Coty has confirmed a binding offer to acquire Bourjois cosmetics from Paris-based fashion house Chanel.

People On The Move

DSM makes four major appointments within its personal care division

07-Oct-2014 - Switzerland-based DSM has made four management appointments within its personal care business, targeting the direction of its North American, EMEA and global operations.

Kimberly-Clark to spin-off healthcare, focus on personal care

07-Oct-2014 - Consumer goods maker Kimberly-Clark has unveiled details of a planned spin-off for its health care business, which is due to happen on October 23rd.

More personal care manufacturers move to settle titanium dioxide lawsuit

07-Oct-2014 - Following agreements with cosmetic companies to remove titanium dioxide from products earlier in the year, four more have reached a Proposition 65 enforcement settlement in California.

People On The Move

People on the move – the latest industry appointments

06-Oct-2014 - This month has seen a key executive appointment at skin care specialist Arbonne, an executive reshuffle at ingredients provider Presperse and cosmetics lawyer Angela Diesch has joined a new practice.

Could young women solve recruitment issues in US manufacturing?

02-Oct-2014 - A new survey conducted by Women In Manufacturing Group (WiM) suggests that the staff shortages being faced in all sectors of manufacturing, including cosmetics and personal care, could be addressed...

French flavor and fragrance player Robertet sets up facility in NJ

02-Oct-2014 - Robertet has expanded its operations on the other side of the Atlantic following the opening of a $20m fragrance and flavors facility in Mount Olive, New Jersey.

Japanese Skin Inc drives 'one size fits one' trend in the US

30-Sep-2014 - After seeing success in Asia, premium Japanese brand 'Skin Inc' has made its debut in the US by signing a deal with Sephora to stock its customised serums.

Avon cleared of bribery charges in China

30-Sep-2014 - Cosmetics maker Avon has been cleared of the bribery charges it faced in China by a New York Judge, in a case that had been ongoing for a number of...

L’Oréal inaugurates carbon neutral hair care facility

26-Sep-2014 - L’Oréal has opened its brand new hair care production facility in Burgos, Northern Spain, which has been designed as a biomass plant, enabling the cosmetics giant to term it carbon...

Key Industry Events