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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.

CAA Industries could soon acquire Porcelana skin whitening brand

27-Mar-2017 - This month the health and beauty products maker announced that the company has entered a license agreement with Ultimark, giving CAA rights to sell the Porcelana brand globally.

Ten beauty entrepreneurs earn spots in this year’s Sephora Accelerate program

09-Mar-2017 - The announcement of the new cohort came yesterday, which was, as luck would have it, International Women’s Day. It’s the second year running of the company initiative to support women...

At Coty, there will soon be a new president of consumer beauty

09-Mar-2017 - Esi Eggleston Bracey, who has overseen the consumer beauty portfolio at Coty since the company finalized the acquisition of P&G’s specialty beauty business in October of last year, will leave...

Washington DC and the state of beauty industry

06-Mar-2017 - A week ago Monday, the Personal Care Products Council convened a panel, as part of the organization’s annual meeting, to discuss the ramifications that the new Presidential administration’s legislative endeavors...

Elizabeth Arden: A beauty brand turnaround case study

06-Mar-2017 - Last summer Revlon got into the prestige beauty business in a big way by acquiring Elizabeth Arden. Some two years before that deal, Elizabeth Arden invested in an Air Paris...

Concept II Cosmetics takes flight with delegation to South Africa

28-Feb-2017 - The private label bath and body care maker is among a group of business leaders participating in an economic development trade mission between the State of Florida and South Africa.


Where politics and beauty meet

23-Feb-2017 - New leadership took over the United States not two months ago, and already executive orders, emerging policy platforms, and the pandemonium of an experiment in business-tycoon-as-government-official have warranted a new...

Sahi Cosmetics claims thousands in funding at Michigan Business Challenge

22-Feb-2017 - The independent beauty brand founded by Shelly Sahi won the competition’s top honor this year. Her color cosmetics line caters to “women of Hispanic, Indian, Arabic, Asian, and Mediterranean decent...

IFF financial report shows a lift in fragrance sales for the quarter and the year

21-Feb-2017 - The corporation’s 2016 fragrance business benefited from new captive ingredients, acquisition, innovation in sustainability, and more.

A new headquarters for New Avon

20-Feb-2017 - After nearly one year as a stand-alone company, the North American social selling beauty company has announced the location of its new offices here in New York City. Soon hundreds...

Natural personal care maker Yes To gets $8 million cash infusion

16-Feb-2017 - The California-based company is on track for rapid expansion and will be using the funding to scale the brand quickly and further establish Yes To as a leading clean beauty...

After completing merger with the P&G beauty business, Coty reports Q2 financials

14-Feb-2017 - Now among the biggest cosmetics and personal care companies in the world, Coty announced promising results while acknowledging that there are growing pains ahead.

Elementis acquires SRLH Holdings

14-Feb-2017 - The specialty chemical maker has plans to grow its business with personal care manufacturers in the US and emerging marketing, including Latin America. This deal is very much a part...

Burt’s Bees gets credit for category growth at Clorox

07-Feb-2017 - The consumer products company announced Q2 financial results late last week, and Clorox’s only personal care and color cosmetics brand is responsible for most of the company’s progress in the...

Estée Lauder reports uneven Q2 financials across the Americas region

06-Feb-2017 - Many brands saw a sales increase in North America; the lift in Latin America was not as significant, while in Canada, sales were flat. Globally, skin care and fragrance did...

L’Oréal USA rolls out executive leadership changes

01-Feb-2017 - This week the cosmetics company announced four appointments and a couple of departures. The men taking on new leadership roles across professional products, brands, and HR have all been working...

For Canadian cosmetics companies Mexico is a land of opportunity, say HSBC report

31-Jan-2017 - A newly published report from The Conference Board of Canada, and commissioned by banking and financial services company HSBC, outlines how Canadian businesses can best navigate the realities of the...

Ulta Beauty establishes its own holding company

31-Jan-2017 - As of January 29, the cosmetics retailer has reorganized its company structure, and Ulta executives believe that the business will be more efficient in this new configuration.

Personal care industry executives meet with Trump

30-Jan-2017 - Last week the new President met with 12 business leaders, among them the CEO of Johnson & Johnson. Cosmetics Design reached out to Gorsky to find out how he’ll be...

Sahi Cosmetics participating in University of Michigan's Desai Accelerator

25-Jan-2017 - The color cosmetics startup is among only five businesses invited to join the Winter 2017 cohort of the Desai Accelerator, a program designed to help passionate entrepreneurs, like Sahi Cosmetics...

P&G beauty, hair care, skin care, and grooming sales all up, according to Q2 financials

24-Jan-2017 - Late last week the CPG company announced quarterly earnings, and by CEO David Taylor’s own assessment, “delivered good results…in a difficult operating environment.”

Cosmetics manufacturer Autumn Harp to receive local funding

24-Jan-2017 - The Vermont-based beauty maker has been awarded economic development financing that should, in the end, mean more jobs for residents of the area.

Specialty chemical distributor Azelis acquires Ross Organic

19-Jan-2017 - The deal will see Ross Organic and the team behind the company carry on as a distinct brand and puts Azelis squarely in the natural personal care and cosmetic ingredient...

The Fragrance Outlet leverages digital to grow in store and online

19-Jan-2017 - With plans to lift its store count by more than 10% this year and to create a seamless cross-channel shopping experience for consumers, the fragrance and beauty retailer has expanded...

Revlon announces a complete structural reorganization

18-Jan-2017 - In the interest of global growth and brand agility, the beauty and fragrance company has redesigned how brands, regions, and supporting departments work.

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