Canadian firm Yooma Wellness has acquired UK cannabidiol specialist Vitality CBD in a deal set to deepen presence in Europe and beauty – a segment brimming with growth potential, its CEO says.
Reed Exhibitions has again postponed its in-cosmetics trade show series due to the ongoing COVID-19 crisis, citing a lack of confidence amongst the beauty industry to travel and attend large-scale international events.
This week, the Department of Natural Resources Canada announced $4.25 million in funding to support the development of cCNC from forestry sector side streams.
Today, Passport announced the deal, which promises to expand the company’s international shipping capabilities for large consumer brands and all things DTC.
Personal care giant Colgate-Palmolive has reported a net sales rise for the second quarter (Q2) of fiscal 2021, with a particularly strong performance in Europe, Africa and Eurasia.
Beauty major Natura &Co has partnered with Dutch eco video streaming platform WaterBear to launch a dedicated channel showcasing its environmental and social ambitions worldwide.
Japanese cosmetics company Pola Orbis Holdings has rebounded on the back of high-end flagship POLA, which posted remarkable operating profit growth of 129.2% in the first half of FY2021.
International beauty major L’Oréal has reported a strong rise in sales and net profit for the first half (H1) of 2021, with e-commerce and North America performing particularly well during Q2.
Personal care major Unilever has reported a net sales rise for its second quarter (Q2) of 2021, with Europe growth rebounding and prestige beauty seeing continued success.
This month, the social sales beauty company participated in the Generation Equality Forum in Paris, France, and issued a position paper on the European Commission’s Gender Equality Strategy.
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.
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.
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
In an effort to build a stronger portfolio in these areas, the specialty chemicals distributor recently signed an agreement with cosmetic ingredient company Caltron Clays.
Today, a definitive acquisition agreement was announced and, following regulatory approvals, the intermediates and specialty chemicals division of ESIM Chemicals will be part of the Vertellus business.
Carolyn Aronson is one of only a few women in the beauty industry today who own and operate a multinational hair brand. In this episode of the Speaking of Beauty podcast, Aronson and her partner in business and in life discuss how they’ve grown It’s a...
The Georgia-based personal care and grooming products company made the gift this month in the name of Robert H Bell, the late Founder of House of Cheatham and a former Georgia State Senator.
A deep dive into Kantar Worldpanel 2021 Brand Footprint
Colgate, Lifebuoy and Dove are the most chosen beauty and personal care brands in the world, with a hygiene focus driving growth in an otherwise flat market, according to Kantar Worldpanel’s 2021 Brand Footprint.
No longer the beauty maker’s Interim CEO and CFO in the region, as of July, Gee will lead Shiseido’s business in the US, Canada, and Latin America as President and CEO.
For nearly two decades now, Cosmoprof North America has been one of the most expansive and well-attended cosmetics and personal care industry events in the US. Now, BolognaFiere Cosmoprof (the organization behind the tradeshow) prepares for a safety-first,...
Japanese conglomerate Kao Corporation is working to put its cosmetics division back on a path of high growth with a series of moves including ‘structural reform’ and ramping up marketing spend.
In its inaugural Indigenous Gender Equality initiative, Grand Challenges Canada has awarded $2.5m CAD to 10 projects, two of which are the work of Indigenous cosmetics and personal care brand leaders.
The beauty maker’s newly appointed Executive Vice President is taking on the company’s top 2 communications roles as Alex Trower and MC González Noguera move on.
The newly rebranded cosmetics, personal care, and pigments businesses in the CenterOaks Partners portfolio is preparing for further cross-industry global growth.
Tomorrow, Thursday May 6, the multimedia company is hosting a free online event for small businesses and aspiring founders. And the program includes both the COO of Mented Cosmetics and the Executive Director of the 15 Percent Pledge.
Personal care giant Colgate-Palmolive has seen net sales rise for the first quarter (Q1) of 2021, bolstered by a particularly strong surge in APAC, thus continuing its growth trajectory despite ongoing COVID-19-related volatilities.
The executive takes on her new role having over 10 experience with BeautiControl, nearly 4 years at JAFRA Cosmetics International, numerous board leadership roles in direct sales, and countless business awards to her credit.
L’Oréal Paris has unveiled its environmental goals for the next decade, pledging to reduce carbon emissions by 50% and lightweight or sustainably convert its entire packaging portfolio by 2030.
US luxury brand RéVive Skincare wants to expand its international footprint further and continue fast-paced product launches beyond North America, notably Eastern and Western Europe and the Middle East, its CEO says.
Personal care giant Procter & Gamble (P&G) has reported a net sales rise for its third quarter (Q3) of fiscal 2021, with beauty leading the charge in growth terms.
Personal care major Johnson & Johnson (J&J) has reported a global sales rise for the first quarter of 2021, fuelled by pharmaceuticals and medical devices, but its consumer health division saw overall sales decline despite strength in oral and...
The specialty chemicals manufacturing company announced Coelho’s new leadership role just last week, but he’s been at the President’s desk since the start of April.
![Vitality CBD has a wide range of cannabidiol oils and edibles and extensive range of beauty and personal care products [Image: Vitality CBD]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/08/23/yooma-wellness-acquires-vitality-cbd-edging-it-into-cannabis-beauty-space-further/12757697-1-eng-GB/Yooma-Wellness-acquires-Vitality-CBD-edging-it-into-cannabis-beauty-space-further.jpg)
![The in-cosmetics trade show organiser said the level of confidence amongst the beauty industry to travel and attend large-scale international events was 'not there yet' [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/08/17/in-cosmetics-global-and-asia-shows-postponed-to-2022-in-cosmetics-latam-2021-to-proceed/12740715-1-eng-GB/in-cosmetics-Global-and-Asia-shows-postponed-to-2022-in-cosmetics-LATAM-2021-to-proceed.jpg)
![Q2 net sales rose in all regions, except North America, with a strong spike in Europe, Africa and Eurasia [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/08/05/colgate-palmolive-q2-2021-net-sales-rise-fast-despite-covid-19-volatility/12712251-1-eng-GB/Colgate-Palmolive-Q2-2021-net-sales-rise-fast-despite-COVID-19-volatility.jpg)
![Natura &Co has become a founding member of The WaterBear Network and has a dedicated video channel it will use to create informative and inspiring content about its environmental and social efforts worldwide [Image: Natura &Co/WaterBear]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/natura-co-partners-with-waterbear-for-sustainable-beauty-video-channel/12711420-1-eng-GB/Natura-Co-partners-with-WaterBear-for-sustainable-beauty-video-channel.jpg)
![Pola Orbis Holdings has rebounded on the back of high-end flagship POLA. [Pola Orbis]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/pola-pay-off-super-prestige-brand-s-129-growth-guides-pola-orbis-to-recovery/12706536-1-eng-GB/POLA-pay-off-Super-prestige-brand-s-129-growth-guides-Pola-Orbis-to-recovery.jpg)
![L'Oréal's Professional Products division which stocks salons worldwide with hair care products performed especially well in Q2 2021 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/07/30/l-oreal-h1-2021-sales-and-net-profit-rise-worldwide-with-north-america-and-professional-products-strong/12696052-1-eng-GB/L-Oreal-H1-2021-sales-and-net-profit-rise-worldwide-with-North-America-and-Professional-Products-strong.jpg)
![Skin care performed particularly well, with especially strong growth seen in Unilever's prestige beauty division [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/07/22/unilever-q2-2021-net-sales-rise-h1-results-sit-strong-particularly-in-prestige-beauty/12668871-1-eng-GB/Unilever-Q2-2021-net-sales-rise-H1-results-sit-strong-particularly-in-prestige-beauty.jpg)
![[Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/financial-focus-l-occitane-unilever-and-more-feature-in-our-latest-beauty-business-and-finance-update/12656280-1-eng-GB/Financial-focus-L-Occitane-Unilever-and-more-feature-in-our-latest-beauty-business-and-finance-update.jpg)
![Re-Sources is an online educational platform aimed at driving knowledge and understanding on sustainable cosmetics at marketing level [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/07/15/sustainable-cosmetics-training-platform-re-sources-targets-marketing-education/12649742-1-eng-GB/Sustainable-cosmetics-training-platform-Re-Sources-targets-marketing-education.jpg)
![Cleansing sheets have been the star product for its Men’s Bioré range across the last decade. [Kao Corp]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2021/07/15/men-s-biore-how-cleansing-sheets-have-driven-the-brand-s-consecutive-sales-growth-for-a-decade/12618385-1-eng-GB/Men-s-Biore-How-cleansing-sheets-have-driven-the-brand-s-consecutive-sales-growth-for-a-decade.jpg)
![Our updates on financial results, M&As and funding drives in the cosmetics industry. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/shiseido-kao-l-occitane-and-more-feature-in-our-latest-beauty-business-and-finance-update/12569556-1-eng-GB/Shiseido-Kao-L-Occitane-and-more-feature-in-our-latest-beauty-business-and-finance-update.jpg)
![US-headquartered Paula's Choice has a large range of skin care products, including face cleansers, exfoliants, serums and retinol treatments, available across its global D2C network and select prestige retail outlets [Image: Unilever/Paula's Choice]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/06/15/unilever-to-acquire-paula-s-choice-from-ta-associates-under-prestige-beauty-division/12566251-1-eng-GB/Unilever-to-acquire-Paula-s-Choice-from-TA-Associates-under-prestige-beauty-division.jpg)
![Lifebuoy and Dettol - two personal care brands heavily focused on hygiene - were the fastest-growing in the world during the period [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/05/24/top-50-beauty-brands-2021-from-kantar-worldpanel-brand-footprint-show-colgate-lifebuoy-and-dove-most-chosen/12505282-1-eng-GB/Top-50-beauty-brands-2021-from-Kantar-Worldpanel-Brand-Footprint-show-Colgate-Lifebuoy-and-Dove-most-chosen.jpg)
![Kao Corporation is working to put its cosmetics division back on a path of high growth with a series of moves. [Kao Corp]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/kao-outlines-plans-to-raise-cosmetics-business-back-up-to-pre-pandemic-levels-by-2023/12481847-1-eng-GB/Kao-outlines-plans-to-raise-cosmetics-business-back-up-to-pre-pandemic-levels-by-2023.jpg)
![L'Oréal's UVMune 400 filtration technology protects all skin types and phototypes against ultra-long UVA rays known to penetrate the epidermis [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/05/25/l-oreal-la-roche-posay-anthelios-uvmune-400-launches-protecting-against-ultra-long-uva-rays/15445396-1-eng-GB/L-Oreal-La-Roche-Posay-Anthelios-UVMune-400-launches-protecting-against-ultra-long-UVA-rays.jpg)
![Industry must ensure microbiome claims are backed by sound science, particularly as the movement continued its rise with interest in categories like scalp care, ageing skin and baby care [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/05/24/microbiome-friendly-beauty-on-the-rise-but-data-must-be-validated-and-meaningful-says-mymicrobiome/15442174-1-eng-GB/Microbiome-friendly-beauty-on-the-rise-but-data-must-be-validated-and-meaningful-says-MyMicrobiome.jpg)
![L'Oréal aiming to grow business in the booming Indian beauty market. [L'Oréal]](/var/wrbm_gb_food_pharma/storage/images/_aliases/wrbm_tiny/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-oreal-ceo-expresses-resolve-to-grow-india-on-the-back-of-e-commerce-acceleration/15433348-1-eng-GB/L-Oreal-CEO-expresses-resolve-to-grow-India-on-the-back-of-e-commerce-acceleration.jpg)