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Business & Financial

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Unilever to acquire REN Skincare and take it to the next level

03-Mar-2015 - Unilever has signed an agreement to acquire iconic British skin care brand REN, with plans to extend its footprint in existing and new markets and make it global.

Schwan Cosmetics relocates manufacturing from New Jersey to Tennessee

02-Mar-2015 - Schwan Cosmetics has announced that it is relocating two of its smaller facilities in Piscataway, New Jersey to Tennessee as it tries to consolidate and achieve greater synergies.

Bliss skincare is Kohl’s latest cosmetics partner

26-Feb-2015 - Body treatment products from the spa brand will be available online and in stores next month. And come mid-May, Bliss plans to launch an exclusive beach body treatment kit with...

Independent Cuban cosmetic entrepreneurs given the go ahead in the US

26-Feb-2015 - Cuba’s independent cosmetic makers have made it onto the new list of products that can be sold in the United States.

Hain Celestial expands in personal care with Belvedere acquisition

26-Feb-2015 - Natural products company Hain Celestial has increased its footprint in the beauty and personal care arena with the acquisition of Belevedere International.

Energizer names its spin-off business Edgewell Personal Care

23-Feb-2015 - Ahead of the division of its personal care and battery businesses on July 1st of this year, Energizer Holdings’ executives name the newly separated businesses.

State regulations could up cost of biosurfactants

19-Feb-2015 - The Comprehensive Regulated Grease Recycling Act headed for approval would require yellow grease collectors to be licensed in New Jersey.

Rodan + Fields up for sale?

19-Feb-2015 - The direct sales skin care brand and Wells Fargo are weighing the options, as the company eyes further expansion into international markets.

Nail polish manufacturer Fiabila re-ups with nanotech ingredient supplier

18-Feb-2015 - NaturalNano of Rochester, New York, has provided Halloysite Nanotubes to the manufacturer since 2008, and that is slated to continue for 3 more years thanks to the latest extension of...

New Venezuela currency devaluation set to impact major multinational cosmetic players

16-Feb-2015 - The government of Venezuela has once again resorted to currency revaluation in an effort to stabilize its oil-based economy, a measure that will hit big multinational cosmetics and personal care...

Avon fortifies US business, closes operations in the Caribbean

16-Feb-2015 - The direct sales beauty company terminated contracts with representatives in 16 island nations, not including Puerto Rico and the US Virgin Islands.

L’Oréal posts strong Q4 results with growth across the board

13-Feb-2015 - L’Oréal has posted strong fourth quarter and annual results and will look to the future ‘with confidence’ after recording growth in all divisions and all regions, despite a challenging economic...

New Year, same story as more woe hits Avon

12-Feb-2015 - Avon has warned that the stronger dollar could have a big effect on this year’s sales as fourth quarter sales were down thanks to the currency situation, and it may...

SC Johnson gets into personal care by acquiring Deb Group

11-Feb-2015 - Previously entrenched in the domestic space with product lines for home cleaning, pest control, and food storage, SC Johnson moves into the industrial personal care supply market.

P&G executive reshuffle extends to appointment of new director

11-Feb-2015 - Proctor & Gamble has appointed Francis S. Blake, former CEO of Home Depot, to its board of executive directors, the latest move in a series ultimately aimed at revamping the business....

Unilever invests in expansion of TIGI Cosmetics brand with licensing agreement

11-Feb-2015 - Unilever, owner of the TIGI Cosmetics professional salon brand, has entered into a global licensing agreement that aims to expand the market reach of the US-based brand.

P&G to build multi-category facility in West Virginia

10-Feb-2015 - Procter & Gamble is building a new manufacturing facility in West Virginia that is said be one of the most advanced and sustainable plant in its global supply chain....

Revlon appoints new head of marketing

10-Feb-2015 - In a bid to continue its turn around, Revlon has announced that Benjamin Karsch has been appointed executive vice president and chief marketing officer for the company’s consumer division.

Nu Skin China revenues Q4 fall by more than half

10-Feb-2015 - Nu Skin is continuing to feel the fall-out from its China sales ban earlier in the year, while fourth quarter results are further impacted by the trial offer launch for...

Rodan + Fields goes international

09-Feb-2015 - The direct-sales skin care company launched operations in Canada this month as a foray into the global marketplace.  

Elizabeth Arden revenues dive on poor sales in China and a decline in celebrity fragrances

09-Feb-2015 - Elizabeth Arden’s second quarter results fell more than 17% as it struggled against currency headwinds, challenges in the China market and celebrity fragrances that have lost their shine.

Strengthening US dollar raises challenges for US-based multinational cosmetic players

09-Feb-2015 - As the US economy continues to gather pace and the dollar gains against international currencies, some of the biggest US-based international cosmetics players are set to battle against currency headwinds...

Sally Beauty Holdings appoints new CEO

09-Feb-2015 - Chris Brickman took over the role at the start of the month, and his predecessor, Gary Winterhalter, remains active in the business as the executive chairman of the board of...

Ten stand trial for 'exploiting' L'Oreal heiress

06-Feb-2015 - Ten people have been accused of exploiting 92-year-old L’Oreal tycoon, Liliane Bettencourt out of ‘hundreds of millions’ in a saga that's even seen former president Nicolas Sarkozy investigated for 'manipulating...

Estée Lauder US color cosmetics sales save the day!

05-Feb-2015 - Despite a drop in demand for Estée Lauder’s heritage brands, US sales were on the up; thanks to new product introductions, holiday sets and expanded distribution in the company’s make-up and...

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