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Business & Financial

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Sweet smell of success: eBay rises as India's biggest perfume retailer

27-May-2015 - eBay India has emerged as the country's largest online perfume mall as it expands its' portfolio to include luxury perfumes at cheaper prices.

P&G sells Frédéric Fekkai hair care

26-May-2015 - The luxury hair brand along with its network of salons will be officially acquired on June 30th by a new venture dubbed Fekkai Brands, LLC.

Energizer adopts stock price control measures ahead of spin-off

26-May-2015 - Ahead of the spin-off of its personal care business, Energizer Holdings has adopted a Limited Duration Shareholder Rights Plan, designed to control the company’s stock.

Lubrizol integrates Active Organics into its business portfolio

20-May-2015 - Following the 2011 acquisition of Active Organics, Lubrizol says it has now fully integrated the brand into its business portfolio and it will be promoted under that umbrella from now on.

Unilever saves 1 million tonnes of CO2… and loads of money too!

20-May-2015 - Saving the planet can also save companies a lot of money too demonstrated by Unilever’s win-win example of saving 1 million tonnes of CO2 whilst also making cost savings of...

Procter & Gamble shifts plant from Puerto Rico to North Carolina

19-May-2015 - Procter & Gamble has confirmed that is relocating part of its manufacturing in the town of Cayey, Puerto Rico, over to the Greensboro site in North Carolina as part of its...

Avon boosted by bogus private equity bid

19-May-2015 - The big news last week was a fictional private equity company that filed an SEC document claiming it was about to buy up struggling Avon Products. But what few people...

Japan's largest cosmetics portal - @cosme invests in English version

19-May-2015 - The largest cosmetics and beauty portal in Japan, has invested in an English-language portal to tap into an even bigger market share.

Cosmetics company wins Caribbean exporter of the year award

14-May-2015 - Sacha Cosmetics’ owner Kama Maharaj says he is “humbled and honored” after his firm was named winner of the inaugural Caribbean Exporter of the Year Award.

Sharing is caring with L’Oreal’s social practice program

13-May-2015 - L’Oreal is deploying its ‘Share & Care Program’ in the 68 countries where it is present, as it looks to achieve goals for best social practice for its workers and...

Staff win credit for L’Oreal USA’s 57% cut in in CO2 emissions across United States

12-May-2015 - L’Oreal USA staff have been praised for the firm’s dramatic cut in CO2 emissions in the United States over the past decade.

Elizabeth Arden posts weak results on falling fragrance sales

12-May-2015 - Elizabeth Arden reported a significant dip in its mainstay fragrance sales during its third quarter, while the negative impact of currency translations further battered the performance.

NuSkin results hit estimates, but impacted by currency headwinds

12-May-2015 - Direct sales skin care player NuSkin has posted results in line with company estimates, but the US-based business was impacted by currency translations on its significant exposure in Asia.

Coty turns losses into a tidy profit

11-May-2015 - One year on and fragrance player Coty has turned a big loss in the third quarter of last year into a profit, thanks to a focus on its key brands...


Who will invest in Avon now?

07-May-2015 - Avon has been the focus of much debate in recent months. Substantiated or not, sale rumors have led to spikes in the share prices, but things look ominously quiet now,...

Revlon profit turns to loss on costs and currency headwinds

07-May-2015 - Revlon posted flat sales and a net loss for its first quarter as costs attributable to branding and the negative impact of currency translations hit the business hard.

Sally Beauty posts strong results and investigates hacking

06-May-2015 - Sally Beauty posted second quarter results in line with expectations despite currency headwinds, while also announcing the investigation of a second possible hacking of its database in just over a...

Energizer posts loss on personal care spin-off costs

06-May-2015 - Energizer has posted a loss on the back of costs associated with the pending spin-off of its personal care and house products businesses, but the results are in line with...

Estée Lauder third quarter results pleases investors

05-May-2015 - Estée Lauder share prices rose this morning on the back of stronger than expected third quarter results that were highlighted by higher earnings.

Colgate-Palmolive hard hit by currency headwinds, but organic sales are up

05-May-2015 - Colgate-Palmolive joined a long list of cosmetic and personal care companies to report that currency headwinds are impacting its results, but the underlying results show a more positive story.

The design and strategy behind Schwan Cosmetics’ new US headquarters

04-May-2015 - Murfreesboro, Tennessee, is home to a combined manufacturing and operations center for the German private label cosmetics company.

Moody’s downgrades Avon on concerns over operating performance

04-May-2015 - Financial investors service Moody’s has downgraded its rating for Avon for the second time in less than a year following weak financial results published last week.

Revlon confirms acquisition of One Direction fragrance company

01-May-2015 - Revlon has increased its global footprint with the acquisition of UK fragrance management company CBBeauty, which also includes distributor SAS & Company.

Weak US sales and currency translations hurt Avon results

30-Apr-2015 - Avon Products reported sales down 18% to $1.8bn for its first quarter, a figure that resulted from the double impact of currency headwinds and weak North American sales.

Cosmetics packaging manufacturer Hedwin relocates plant to Delaware

30-Apr-2015 - To upgrade its manufacturing capabilities and benefit from economic development funds, the packager is moving out of Maryland.