All news articles for July 2015

Brand divestment and new CEO signal P&G’s focus shift away from Beauty

Analysis from Euromonitor

Brand divestment and new CEO signal P&G’s focus shift away from Beauty

By Andrew MCDOUGALL

It has been a busy time for Procter & Gamble with the brand divestment to Coty and the announcement of its new CEO and this all acts as evidence that the company is shifting its focus away from Beauty, according to market research firm Euromonitor...

Avon results continue to be hit by a strong US dollar

Avon results continue to be hit by a strong US dollar

By Simon Pitman

Avon Products revealed that revenues for the current quarter slipped by 17% as the company continues to do battle in the face of a strong US dollar that is impacting its international business.

Retail Trend: Digital beauty brands opening storefront shops

Retail Trend: Digital beauty brands opening storefront shops

By Deanna Utroske

Cosmetics brands and ecommerce generalists that launched as pure play digital ventures are shifting to omni-channel commerce, and a new report from global market research firm Kline looks into the phenomenon.  

Beauty boss David S. Taylor will succeed A.G. Lafley as CEO

P&G Beauty chief to become company’s new CEO

By Andrew MCDOUGALL

Procter & Gamble announces that David S. Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as the company’s President and Chief Executive Officer.

Avon pledges to clean up palm oil supply chain

Avon pledges to clean up palm oil supply chain

By Deanna Utroske

The direct-sales beauty company just updated its Palm Oil Promise document with stringent objectives and supplier guidelines that are more socially responsible when it comes to environmental and human rights concerns.

First Aid Beauty gets a financial boost

First Aid Beauty gets a financial boost

By Deanna Utroske

Castanea Partners has made an investment in the prestige skin care company, commonly known as FAB, and is focused on what lies ahead.