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Business & Financial

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Colgate Q4 sales hit by currency exchange and tough market conditions

29-Jan-2015 - Colgate-Palmolive announced a significant dip in its turnover for the fourth quarter, although net profit was up on account of gains from restructuring.

E-commerce accounts for only 10% of beauty sales

29-Jan-2015 - That according to Donna Barson, senior associate with market research consultancy Kline Group, who spoke with Cosmetics Design about the opportunities for cosmetics and personal care brands in this space.

Tough times ahead for P&G as currency devaluation hits hard

29-Jan-2015 - Procter & Gamble saw its second quarter earnings take a hit with the strong dollar having a big impact, setting up a challenging year for the Ohio-based firm.

Avon facing reality that it may sell for half its' worth

28-Jan-2015 - Despite Avon’s stocks rising of late, the brand’s current trading price is fuelling rumours of a potential deal with private-equity firm TPG, which could see it go for half its worth....

Estée Lauder awarded $1.8 million in counterfeit MAC suit

28-Jan-2015 - The trademark infringement case is finally over, with 'Get Your MAC On LLC' being ordered by an Arizona federal judge to pay Estée Lauder over $1.8 million for the distribution of counterfeit products....

MWV and RockTenn combine to create $16bn packaging firm

28-Jan-2015 - MeadWestvaco (MWV) and RockTenn have taken steps towards creating a combined packaging giant with an equity value of $16 billion having signed a definitive combination agreement.

Clariant and Beraca team up to produce sustainable cosmetics ingredients

27-Jan-2015 - Swiss ingredients supplier Clariant is to join forces with Brazilian firm Beraca in a strategic alliance that will aim to produce sustainable ingredients for personal care.

Lonza’s progress toward a fully market-driven business model

26-Jan-2015 - The specialty ingredients supplier, which counts the personal care and cosmetics industries among the markets it serves, has announced its latest financial performance results.

Could private equity spell the start of Avon’s turnaround?

23-Jan-2015 - A report that executives from Avon Products are in talks with private equity firm TPG Capital sent shares in the company sharply rising yesterday.

P&G shakes up exec board in drive to boost personal care sales

22-Jan-2015 - Procter & Gamble has announced an executive reshuffle that may line up David Taylor to take over from A.G. Lafley in the CEO role, while targeting business realignment focused on...

Global market for fragrance ingredients set for strong growth from naturals trend

21-Jan-2015 - The global market for fragrance ingredients is set for strong annual growth rates, with growth mainly driven by demand for natural-based fragrances.

Unilever sales hit by slump in China market

21-Jan-2015 - Unilever says that its performance in emerging markets, and specifically China, led to a decline in revenues for the current quarter, although profits were up for the Anglo-Dutch consumer giant.

Mary Kay announces sales growth at leadership conference

20-Jan-2015 - The direct sales beauty brand recognizes and trains its top consultants at an annual event, and this year the company has business gains to celebrate as well.

Fenchem expands into South America

20-Jan-2015 - China-based ingredients manufacturer Fenchem has announced its expansion into the South America market with the establishment of a new office in St. Pauls, Brazil.

Givaudan furthers patchouli collection network

20-Jan-2015 - Teams on the ground in Indonesia and Malaysia will allow the fragrance and flavour company closer oversight of the farming and harvesting end of its ingredient supply chain.

P&G sues former employees over confidential Gillette information

19-Jan-2015 - Proctor & Gamble has filed a lawsuit in the name of its subsidiary Gillette, alleging that four former employees wrongfully used and disclosed confidential information about Gillette’s trade secrets.

Naturex invests in Chile operations to increase production of quillaia

16-Jan-2015 - France-based natural ingredients player Naturex has invested in the expansion of its production facility in Chile in an effort to increase the processing of quillaia extract.

Beiersdorf sees continued sales growth for 2014 in tough times

15-Jan-2015 - Nivea skin care maker Beiersdorf has, like many, experienced a tough time in a tough financial climate, but it has still continued its profitable growth plan having seen growth in 2014.

Moroccanoil and Marc Anthony drop legal battle over argan oil

14-Jan-2015 - The Moroccanoil Group of companies and hair care specialist Marc Anthony Cosmetics say they have resolved their dispute over argan oil.

Avon Canada eliminates ‘majority’ of jobs at Pointe-Claire Distribution Center

13-Jan-2015 - Avon Canada has announced that it will eliminate most of the jobs at its distribution center in Pointe-Claire, Quebec, as part of its plans to reduce costs and remain competitive.

P&G awards top performing global suppliers

13-Jan-2015 - Procter & Gamble has recognized its seven top performing external business partners as part of its annual Partner of the Year award, as well as giving the nod to two...

Unilever’s £200 million investment welcomed by David Cameron and George Osbourne

13-Jan-2015 - Unilever’s new TRESemme and Radox factory due to open later this year as part of the company’s £200 million investment programme was visited by UK Prime Minister David Cameron and...

MWV splits up its packaging and specialty chemicals businesses

12-Jan-2015 - MeadWestvaco (MWV), a leading player in personal care packaging, says it will move ahead with plans to divide its packaging business up from its specialty chemicals operations.

New Year, new hope as TTIP plans to bring EU-US cosmetics more in-line

09-Jan-2015 - The European Commission published new texts setting out EU proposals for legal text in the Transatlantic Trade and Investment Partnership (TTIP) it is negotiating with the US, with a new...

Beauty products manufacturer KDC acquires ChemAid Laboratories

08-Jan-2015 - The Knowlton Development Corporation has augmented its formulating and manufacturing capacity by acquiring ChemAid, which produces skin care, hair care, as well as bath and body treatments.

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