Business & Financial

Financial focus: L’Occitane, Unilever and more feature in our latest beauty business and finance update

20-Jul-2021 By Amanda Lim

In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight L’Occitane’s full-year results, Unilever’s acquisition of Paula’s Choice and more.

Sustainable cosmetics: ‘Marketing is as misinformed as consumers sometimes’, says Re-Sources founder

15-Jul-2021 By Kacey Culliney

Online sustainable cosmetics educational platform Re-Sources wants to close the knowledge gap between beauty formulators, packaging technologists and marketing to streamline green product development.

Star product: How cleansing sheets have driven Men’s Bioré’s consecutive sales growth for a decade

15-Jul-2021 By Amanda Lim

Kao Corporation has revealed that cleansing sheets have been the star product for its Men’s Bioré range across the last decade, with sales soaring by 743%.

The Estée Lauder Companies join Black Women Talk Tech as event sponsor

14-Jul-2021 By Deanna Utroske

With just one day between the announcement and the pitch application deadline (July 15, 2021), the beauty maker has formally signed on to present at the 2-day tech conference and to support the beauty (tech) pitch competition for VC funding.

LBB Specialties beauty ingredients business expands further with GREAF deal

08-Jul-2021 By Deanna Utroske

This week, the private equity – owned cosmetics and personal care ingredient distribution company announced signing a strategic partnership deal with GREAF Biotech, an active ingredients manufacturer based in Shanghai, China.

Elkimia Inc. accepts Government of Canada funding to expand

07-Jul-2021 By Deanna Utroske

The sun care ingredient company is based in the National Research Council facility in Montreal, Québec. And thanks to the government’s economic recovery efforts, Elkimia is buying new equipment and developing more sun care actives.

Piyush Jain joins personal care company Hand in Hand as CEO

06-Jul-2021 By Deanna Utroske

Following a recent growth investment from the impact-investing strategy division of Bain Capital, the personal care product company announced changes in leadership, including the hire of former Unilever executive Piyush Jain.

La Perla Beauty prepares to launch in the US

29-Jun-2021 By Natasha Spencer

The newly-launched premium fragrance, color cosmetics, and body care brand sets its sights on the US as it hopes to leverage the region’s status as the biggest cosmetics market in the world.

Scarlett Johansson to launch skincare brand in 2022

29-Jun-2021 By Stephen Daniells

Award-winning actor Scarlett Johansson has become the latest celebrity to launch a cosmetics brand, with the Tony and BAFTA winner announcing this week that a new skincare brand is expected to come to market early next year.

Natura &Co - one year in to the Commitment to Life

23-Jun-2021 By Deanna Utroske

This month, the Brazil-based multinational beauty maker shared an update on its Commitment to Life, a corporate social responsibility initiative focused on “some of the world’s most pressing issues” first announced in June 2020.

Beauty insiders partner to launch Black Women Making Millions Academy

16-Jun-2021 By Deanna Utroske

Mahisha Dellinger, CEO of Curls, and Beauty by Imagination have teamed up to host business workshops for 25,000 Black women business owners and aspiring entrepreneurs over the next 11 months.

Financial focus: Shiseido, Kao, L’Occitane and more feature in our latest beauty business and finance update

16-Jun-2021 By Amanda Lim

In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight the first-quarter results from Shiseido, Kao Corp, L’Occitane and more.

‘A true pioneer' in digital: Unilever to acquire D2C brand Paula’s Choice

15-Jun-2021 By Kacey Culliney

Personal care major Unilever will acquire US-headquartered direct-to-consumer (D2C) premium skin care brand Paula’s Choice, bringing it under its growing prestige portfolio.

Skinimalist beauty brand Iris&Romeo partners with venture capital

14-Jun-2021 By Deanna Utroske

Today, Founder and CEO Michele Gough Baril announced a deal with BrandProject that will help fund product innovation, new hires, and overall growth of the Iris&Romeo brand.

HRB Brands buys the Helen of Troy mass market personal care business

10-Jun-2021 By Deanna Utroske

This week, HRB brands (itself owned by Tengram Capital Partners) bought the bulk of Helen of Troy’s mass market personal care business for $44.7 million cash.