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Financial focus

Financial focus

Examining the financial movements of all the big players, from ingredients suppliers to packaging providers. Volatile oil prices, banking turmoil and nervous consumers are forcing companies to rethink their business strategies. Articles will dig into the shifting landscape, reveal how the cosmetics world is adapting and break news of the latest financial results and market data.

Clayton Dubilier Rice acquiring High Ridge Brands

23-May-2016 - The deal, set to close next month, is expected to lead to more personal care brand acquisitions by the private investment firm.

Elizabeth Arden to acquire Christina Aguilera fragrances

12-May-2016 - Today, the prestige beauty company announced its plans to buy the global rights to all seven of the recording artist’s fragrance brands, a move that’s right in line with Elizabeth...

Sales and profits are up at IFF

11-May-2016 - At the start of this week, the company announced its Q1 results, and on a currency neutral basis, the numbers look good.

Elizabeth Arden Q3 results show sales growth

10-May-2016 - At constant currency rates, the company is reporting good news for both the Elizabeth Arden brand and others owned by the company. With several strategic initiatives in place, the company...

Avon Products Q1 results

05-May-2016 - The company made its first quarterly financial report today since having sold the North American business to Cerberus Capital Management.

A new CEO sets to work at New Avon LLC

03-May-2016 - Just last week the privately owned, stand-alone North American business got a new chief executive, an appointment from outside the company that was announced just weeks after New Avon LLC...

Brazil’s Natura Cosmetics posts a loss for Q1

02-May-2016 - Multinationals are edging in to the South American region while the economy is down; but for the time being, this quarter’s results don’t look good for the local direct-sales beauty...

L’Oréal sees developed markets hold up in Q1 sales

19-Apr-2016 - L’Oréal saw its Group sales rise 1.8% for the first quarter 2016 to €6.55 billion, thanks to gains made in Western Europe and North America offsetting difficulties encountered in some...

Ulta Salon, Cosmetics & Fragrance joins the S&P 500

14-Apr-2016 - At the close of trading tomorrow, the beauty company will take its place on the market indicator list alongside other industry leaders, including Estee Lauder Cos., International Flavors & Fragrances,...

Is Procter & Gamble well on the road to recovery?

07-Apr-2016 - A Wall Street analyst’s positive note on Procter & Gamble’s outlook has sent share prices upwards and could be one of the first signs the business is really back on...

Ulta Beauty announces plans for satellite headquarters

05-Apr-2016 - The private label brand and beauty retailer has its offices in Bolingbrook, Illinois, a west suburb of Chicago, and this summer Ulta will open space in the heart of the...

PDC Brands acquires Original Additions

05-Apr-2016 - With this latest cosmetics company acquisition, PDC secures its industry position further and sets the stage for international business as well.

Will Old Spice lawsuit hurt Procter & Gamble?

04-Apr-2016 - P&G has been facing up to the challenge of flat sales and a significant restructuring of the business, but more challenges come as it is slapped with a lawsuit on...

Hair care company Strength of Nature acquired

04-Apr-2016 - GCPL is strategically growing though acquisitions, particularly in hair care for women of African descent, and with this latest deal the India-based company gains market share as well as US-specific...

Avon strikes deal with activist investors, avoids proxy contest

29-Mar-2016 - Avon Products has come to an agreement with an activist investment group led by Barington Capital, which means the investors have a say in the appointment of an independent director...

Oriflame coming to US and Brazil

28-Mar-2016 - The direct-sales beauty company is scouting out new growth markets and has plans to launch operations in both North and South America.

P&G relocating 100+ beauty employees

24-Mar-2016 - The multinational product maker is relocating staff in advance of closing its deal with Coty.  

beautyblender and Avon reach a settlement

23-Mar-2016 - The innovative application tool company Rea.deeming Beauty accepted a substantial payment from Avon as the company continues to challenge trademark infringement globally.

Why P&G’s investment in Argentina could spell a new era of industry growth

23-Mar-2016 - Procter & Gamble has just announced that it is investing an additional $50m in Argentina, as a new government is ushered in with the promise of more liberal trade and...

VariBlend and Cosmax USA team up

21-Mar-2016 - The manufacturing and packaging partnership will be rolling our product within months and is all part of Cosmax’s plans to dominate the contract manufacturing space in the Americas and beyond....

Does Estée Lauder downgrade suggest its performance is peaking?

21-Mar-2016 - Estée Lauder Companies’ results might have come in above Wall Street’s expectations for the past 18 quarters, but Goldman Sachs has taken the decision to downgrade it.

Ulta reports strong sales and further expansion plans

16-Mar-2016 - The cosmetic and beauty retailer is going from strength to strength on the back of its focus on a wider selection of color cosmetics, with sales for the latest quarter...

Avon shifts HQ to the UK, sheds 2,500 jobs

15-Mar-2016 - Avon Products has confirmed that it is shifting its international headquarters to the UK and is to reduce its workforce by 2,500 as part of its transformation plan for the...

New Avon LLC has arrived

02-Mar-2016 - The privately owned North American Avon business is a done deal this month as Cerberus Capital Management takes a majority stake in the beauty company—a transaction meant to make Avon...

Revlon has no CEO

01-Mar-2016 - Today Lorenzo Delpani steps down from the position he’s held since October of 2013, and the company has yet to name a replacement or interim leader.