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Headlines > Business & Financial

Mary Kay appoints new VP Corp. Comms and CSR

02-Sep-2014 - Cosmetics seller Mary Kay announces the promotion of Crayton W. Webb to Vice President of Corporate Communications and Corporate Social Responsibility.

Coty reports flat revenues for last quarter and full year

02-Sep-2014 - Coty has reported flat sales revenues for its last quarter of the financial year on a struggling North American market, while profits bow under the weight of restructuring.

Elizabeth Arden mulls tender offer from private equity investors

28-Aug-2014 - Troubled fragrance and luxury cosmetics player Elizabeth Arden is contemplating a tender offer from the affiliates of private equity investor Rhône Capital.

Oriflame results hit by geopolitical tensions in Ukraine and Russia

26-Aug-2014 - The continued political tensions in Ukraine and Russia are impacting Sweden-based Oriflame, underlined by the fact that the direct sales player's latest quarterly results show falling sales.

Courts throw out Allergan’s effort to stop Valeant bid

25-Aug-2014 - Valeant is pressing on with its hostile bid for Allergan after a California district court ruled that legal proceedings by Allergan would not be given the go ahead.

M&A a high priority for Estée Lauder

21-Aug-2014 - Estée Lauder sees merger & acquisition activity as a high priority as it looks to grow more following strong financial results.

Colgate brand suffers following triclosan concerns

21-Aug-2014 - The global rating for the Colgate-Palmolive brand has taken a hit according to the UK-based YouGov BrandIndex, which indicates its ‘buzz score’ has fallen to a 14 month low.

Beiersdorf: It’s not time for ‘innovation mania’ despite market slowdown

21-Aug-2014 - At a time when all the big players in the cosmetics and personal care space have faced a market slowdown, Beiersdorf CEO Stefan Heidenreich says that manufacturers must strategize for...

Valeant's hostile bid for Allergan hits hurdles

20-Aug-2014 - Pharmaceutical giant Valeant’s move to create a second-step merger with Botox-maker Allergan has hit hurdles, as Allergan’s CFO resigns at the same time the company is said to be seeking out an alternative...

Slow sales of Justin Bieber and Taylor Swift fragrances hurt Elizabeth Arden

20-Aug-2014 - Elizabeth Arden’s fourth quarter results showed a 28.4% decline as some of its biggest celebrity fragrance brands failed to make the mark.

Estée Lauder says digital will strengthen retail relations

19-Aug-2014 - Having invested further in the digital space, Estée Lauder CEO Fabrizio Freda believes it will strengthen its relationship with its retail partners rather than take away from it.

Emerald Performance Materials sold to private equity firm

19-Aug-2014 - Specialty chemical provider to the personal care sector, Emerald Performance Materials, has recently been sold to an affiliate of private equity business American Securities.

Estée Lauder fourth quarter results show big growth

18-Aug-2014 - Luxury international cosmetics player Estée Lauder posted record-breaking fourth quarter and full year results that show the company is continuing to lead the field.

Energizer reshuffles financial execs ahead of restructuring

18-Aug-2014 - Energizer has announced that Dan Sescleifer will be standing down as chief financial officer once the company’s planned restructuring is put in place.

People on the move: the latest industry appointments

14-Aug-2014 - The latest installment of people on the move brings you two leading appointments at Croda’s US operations, together with the appointment of the new head of the Walgreens Boots Alliance....

Nu Skin Q2 results see significant decline

11-Aug-2014 - Skin care specialist Nu Skin says continued problems in its China operations have weighed heavily on its second quarter results, causing revenues and profits to fall.

Skinvisible expands with new anti-aging subsidiary

11-Aug-2014 - Skinvisible will take further steps into the skin care field after launching a new wholly-owned subsidiary called Kintari that will market a premium line of products powered by the company's...

New study backs hair regrowth reduction claims

11-Aug-2014 - A new independent clinical study demonstrates a substantial reduction in hair regrowth following use of the no!no! Hair product, much to the joy of manufacturer Radiancy, a Photomedex subsidiary.

Hallstar acquires Florasolvs natural esters line from Floratech

07-Aug-2014 - Hallstar expands its natural functional ingredients portfolio by acquiring the Florasolvs natural esters product line of specialty ingredients from botanically-derived ingredients player FloraTech, in a move that will boost its...

Russian authorities put Oriflame through a tax probe

07-Aug-2014 - Oriflame has confirmed that Russian authorities have seized papers from its Russian headquarters in Moscow as part of an ongoing tax probe in the country.

ICCR website to benefit cooperation on cosmetic regulation

05-Aug-2014 - A website dedicated to international cooperation on cosmetic regulation has been established to facilitate regulators in the US, Canada, the EU, Brazil, Japan and China.

P&G fourth quarter shows continued slide in sales

04-Aug-2014 - Procter & Gambler has revealed that its net sales slipped 1% in the fourth and final quarter of the year, capping off a challenging year, with the company now set...

P&G CEO pledges to cut brand portfolio by more than half

04-Aug-2014 - Following a financial year where Procter & Gamble has seen its sales continue to slide, the company has announced that it will slash the size of its product portfolio by...

North American sales and currency translations pose challenges for L'Oréal

04-Aug-2014 - L’Oréal's second quarter results have underlined the fact that regional sales are most sluggish in the North American market. And while the performance in the Latin American market looks far brighter,...

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Avon turnaround is ‘taking longer than anticipated’

31-Jul-2014 - Avon Products admits that the company’s turnaround is taking longer than expected due to a difficult financial climate and tough markets, after announcing profits shrank in its second quarter.

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