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Business & Financial

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Polykon to open cosmetics manufacturing facility in Virginia

11-Feb-2016 - This summer the private-label cosmetics manufacturer will begin construction on its first plant in the US, which should be operational by 2017 and serving top clients like L’Oreal and Estée...

Avon losses are bigger than expected

11-Feb-2016 - Avon results show a big drop in sales on the back of currency translations and tax costs, leading net profits to come in below market expectations.

Watch Cosmetics Design on CCTV America tonight!

11-Feb-2016 - This evening at 7:45pm, Michelle Makori, the NYC-co anchor for CCTV-AMERICA   will be interviewing me about the biggest trends in the global cosmetics market and what's happening across markets worldwide....

People On The Move – the latest industry appointments

10-Feb-2016 - For the latest instalment of People On The Move, we have executive industry appointments at all the major global flavor and fragrance players – Bell, IFF and Symrise.

Investors are indecisive about Coty. Here’s why…

09-Feb-2016 - Share prices in Coty have been volatile ever since the company announced major expansion plans last year, and the trend has been downward so far this year, reflecting a number...

Godrej continues personal care push in Africa with Canon acquisition

09-Feb-2016 - Godrej Consumer Products is looking to build its home and personal care business in Africa by entering into an agreement with Kenya-based supplier Canon Chemicals for the acquisition of a...

Estée Lauder delivers strong results, but is cautious on outlook

08-Feb-2016 - Estée Lauder has continued its strong run of financial results, reporting industry leading revenue growth for its second quarter on the back of like-for-like gains worldwide.

Elizabeth Arden records second quarter loss

08-Feb-2016 - Elizabeth Arden’s second quarter results missed Wall Street’s expectations and recorded a loss, as actual sales figures were hard hit by the strong dollar.

Silk Therapeutics to launch in new personal care categories and move into retail

04-Feb-2016 - Last year the skin care company received a patent for its biotech silk protein ingredient, and now Silk Therapeutics has big plans for the millions of dollars raised during its...

Coty results show decline in sales but beat analysts' forecasts

04-Feb-2016 - All eyes are on Coty as it gears up to almost triple the size of its business through acquisition, but its second quarter results reveal that challenges exist ahead of...

Edgewell Personal care results hit by international exposure

03-Feb-2016 - The Edgewell Personal Care business stood up to some tough challenges during its first quarter, as sales were hit hard by international currency translations.

Boots corrects razor and eye cream prices following accusations of ‘sexist pricing’

03-Feb-2016 - Beauty retailer Boots has responded to accusations of ‘sexist pricing’ on personal care products saying that it has never operated a discriminatory pricing system and is correcting the prices of...

Coty’s latest acquisition raises the stakes in the Brazilian beauty market

02-Feb-2016 - This week Coty completed its purchase of Hypermarcas S.A., a deal that gives the expanding cosmetics, fragrance, and personal care company a strong foothold in the world’s 3rd largest beauty...

Colgate reports stronger organic sales on higher pricing

01-Feb-2016 - Colgate-Palmolive’s fourth quarter results were hard hit by currency exchange but organic revenues increased by 5.0% on the back of product price increases.

Gattefossé extends Azelis partnership with distribution deal in Turkey

29-Jan-2016 - Having worked together in partnership in a number of regions for a number of years, Gattefossé has appointed Azelis as its new distributor for its Personal Care portfolio in Turkey.

Coty announces fragrance deal with Tiffany & Co.

28-Jan-2016 - The two companies have partnered to create a collection of prestige fragrances, upping the global beauty company’s stake in the perfume business. 

Estée Lauder promotes three top executives

28-Jan-2016 - The Estée Lauder Companies has announced  the promotion of three top level executives as part of an ongoing restructuring of its management team.

Galderma expansion project awarded public funding

27-Jan-2016 - The Nestlé Skin Health division is building on to its existing North American manufacturing plant, boosting production capacity and increasing employment at the site by more than 20%.

Coty consolidates and expands its North Carolina manufacturing facilities

27-Jan-2016 - Coty has announced plans to expand its manufacturing facility in Lee County, North Carolina, which will include the consolidation and transfer of a nail polish facility in Hollywood, California.

Inter Parfums results down for all-important holiday quarter

27-Jan-2016 - Fragrance player Inter Parfums has announced that its fourth quarter results were down on the back of negative currency translations during a period when it usually has its strongest sales.

Five top Korean beauty brands seeing average growth of 16.8%

27-Jan-2016 - Five leading listed cosmetic companies in Korea are predicted to register a year-on-year growth rate of 16.8%, as the global enthusiasm for k-beauty continues to surge.

Brazil’s recession is an e-commerce opportunity for personal care brands

26-Jan-2016 - The country’s population is increasingly urban and eager to buy name-brand goods, and companies selling FMCG on international marketplace sites or brand pages are getting in on the ground floor...

Ulta gets new private equity investment boost

26-Jan-2016 - A number of investment companies have all raised their stakes in the business during the past two quarters, as part of efforts to raise capital in the business, which has...

P&G results get thumbs up from investors

26-Jan-2016 - Procter & Gamble’s second quarter results showed an increase in core sales and improved profit margins, beating analysts’ expectations and sending share prices up.

Kimberly-Clark results points to challenges in 2016

25-Jan-2016 - Kimberly-Clark reports a rise in organic sales for its fourth quarter, but net results are hard hit by the strength of the dollar against foreign currency, a problem that is...

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