All news articles for July 2016

Cosmetics and fragrance help lift LVMH sales

Cosmetics and fragrance help lift LVMH sales

By Simon Pitman

A strong performance from cosmetics and fragrances, as well as retail division Sephora, helped buoy group sales that have been hit by poorer sales in the domestic market, France.

Coty names Camillo Pane CEO

Coty names a new CEO

By Deanna Utroske

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.  

Spending on beauty up in China, despite cooling economy

Spending on beauty up in China, despite cooling economy

By Lucy Whitehouse

Chinese consumers are still keen to spend on beauty in China, according to newly released research from Mintel, with the majority of those surveyed stating they spent more on facial skin care in 2015 compared to 2014.

fragrance and beauty company Inter Parfums Q2 numbers and Coach launch

Inter Parfums Q2 numbers

By Deanna Utroske

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 the company’s first launch of a Coach branded scent.

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

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

By Deanna Utroske

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 cosmetic and personal care brands and manufacturers.

Walmart chemical watch list: formaldehyde, phthalate, paraben

Walmart announces chemical watch list

By Deanna Utroske

This month the retailer asked suppliers to change product labeling and eventually reformulate to remove eight ingredients of concern. While the focus is on household goods for now, proponents of ‘clean beauty’ see it as a step in the right direction.  

Executive leadership changes Estée Lauder Companies, Origns, Jo Malone

Executive leadership changes at Estée Lauder Companies

By Deanna Utroske

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 is set to take place this fall.

Women rising in the ranks at Markwins Beauty Brands

Women rising in the ranks at Markwins Beauty Brands

By Deanna Utroske

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, in-house promotions are being announced.