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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.

Hard Candy cosmetics brings suit against P&G’s Katy Perry Cover Girl collection

27-Jul-2016 - The legal dispute is essentially about a heart icon used on the product packaging. And, P&G maintains that, “we did not take inspiration from Hard Candy but from a common...

Coty names a new CEO

27-Jul-2016 - The appointment won’t take effect until later this year, once the Coty P&G deal is formally closed. Fittingly, the new executive has experience integrating acquisitions in and beyond the US.  ...

Inter Parfums Q2 numbers

26-Jul-2016 - The fragrance and beauty innovator announced its most recent financial figures, showing impressive net sales. And now Inter Parfums is looking ahead to the second half of the year and...

This year’s beauty industry job market looks good for talent

26-Jul-2016 - At last night’s CEW event in New York City, job experts from 24 Seven and The Estée Lauder Companies shared insights about the current state of hiring and employment among...

Executive leadership changes at Estée Lauder Companies

25-Jul-2016 - This month the cosmetics maker announced two in-house appointments to strengthen the global reach of its Origins and Jo Malone London brands. One is already in effect, while the other...

Women rising in the ranks at Markwins Beauty Brands

25-Jul-2016 - The private cosmetics company owns popular labels such as wet n wild, Black Radiance, Bonne Bell, Lip Smacker, and Physicians Formula; and now, in a move to restructure Markwins’ leadership,...

L’Oréal will acquire IT Cosmetics

25-Jul-2016 - Friday afternoon, the self-proclaimed world’s leading beauty company announced the signing of a deal to purchase skin care and makeup brand IT Cosmetics for over $1bn — validation of IT...

Unilever expands in men’s grooming with Dollar Shave Club acquisition

22-Jul-2016 - The Anglo-Dutch consumer goods giant has expanded its footprint in the men’s grooming space with the acquisition of Dollar Shave Club, one of the fastest growing personal care businesses in...

Revlon shares an early look at Q2 financial results, following Elizabeth Arden acquisition announcement

21-Jul-2016 - The quarter ended for Revlon at the end of last month and the company will hold its official results call at the end of next week; in the meantime, some...

Commercial real estate industry sees a big opportunity in cosmetics

30-Jun-2016 - This week, that industry’s news coverage highlights the success of standalone beauty shops like Sephora and Ulta but also points to the increase in foot traffic that the right personal...

Beautycounter buys the Nude natural skin care line from LVMH

28-Jun-2016 - Not to be left out of the M&A game this summer, Beautycounter posted news of the acquisition on its Instagram page yesterday evening, saying “and the Beautycounter family just got...

Drybar to create more hair styling products, following equity investment

28-Jun-2016 - This week the Roark Capital Group announced that one of the firm’s affiliates has acquired a minority stake in the Drybar brand of blowout salons and hair products, and the...

Revlon acquires Elizabeth Arden, adding prestige beauty

20-Jun-2016 - In a multimillion dollar cash deal that’s had everyone talking since it was announced Thursday evening, the mass market beauty and personal care company is adding prestige color cosmetics and...

Betty Palm appointed president of social selling for New Avon LLC

16-Jun-2016 - Yesterday, Palm stepped into her new role leading a restructured sales team. She’s charged with reinventing the representative experience for the modern moment at the direct sales beauty company.

Equal Pay Pledge signed by two cosmetics and personal care companies

15-Jun-2016 - Yesterday The White House announced the initiative, “highlighting the critical role that businesses must play in reducing the national gender pay gap” and encouraging private sector companies to commit to...

Beauty business features prominently in luxury brands report from Deloitte

13-Jun-2016 - A report published this month by the advisory services company ranks three color cosmetics, fragrance, and personal care companies in the top ten and includes thought-provoking data on the luxury...

Shiseido Americas acquires Laura Mercier and RéVive

07-Jun-2016 - Shiseido is buying Gurwitch Products (the holding company of those two makeup brands), and the deal is expected to bring the Japan-based cosmetics company closer to its ambitious 2020 sales...

Revlon acquires nail polish brand Cutex

07-Jun-2016 - In a deal announced yesterday, the global cosmetics and beauty care company added the Cutex international business to its portfolio of brands. Coty gave up the nail brand as part...

Lafley leaves P&G

06-Jun-2016 - After 12 years as chairman of the board for the multinational consumer goods company, A.G. Lafley is leaving the post again. His successor will take over next month, and P&G...

New Avon LLC appoints chairman of the board

02-Jun-2016 - Yesterday, Jack Stahl took on the role for the privately held North American beauty company and it’s all ahead full from here on out.

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.

Key Industry Events

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