As social events and family gatherings ramp back up this holiday season, consumers expect to buy more personal care products, and the sustainability impact of those products will be top of mind.
Hong Kong-listed L’Occitane’s latest quarterly sales figures of the 2022 fiscal year have outperformed those from before the pandemic thanks to the performance of key brands, online sales and offline recovery.
Personal care major Unilever has reported a net sales rise for its third quarter (Q3) of 2021, with strong growth in the Americas and across its prestige beauty division, but the future will prove challenging as price inflation continues.
Personal care giant Procter & Gamble (P&G) has reported a net sales rise for the first quarter (Q1) of fiscal 2022, though profits suffered due to a challenging cost environment – an ongoing issue it plans to overcome with price hikes.
The Women Presidents' Organization (WPO), in collaboration with JPMorgan Chase Commercial Banking, released the 14th annual ranking of the 50 Fastest Growing Women-Owned/Led Companies.
Specialty health and wellness retailer The Vitamin Shoppe will offer personal care products from Hims & Hers Health, Inc. in over 280 stores and online across the US.
UK-Singapore headquartered biotech startup Sequential Skin has secured more funding in its latest seed round that it plans to use for global expansion of its at-home skin diagnostics patch, in both a B2B and D2C capacity, its CEO says.
HENKEL, L’OREAL, LVMH, NATURA &CO AND UNILEVER EXECUTIVES WEIGH IN
Executives from Henkel, L’Oréal, LVMH, Natura &Co and Unilever say co-developing an industry-wide environmental impact assessment system is critical for the sustainable future of cosmetics.
Leading beauty company Coty has signed a multi-channel agreement with Perfect Corp. to embed a suite of best-in-class augmented reality and artificial intelligence experiences into the digital marketing toolkits of its beauty brands.
US aerosol associations and global suppliers have come together to launch a free online repository of on-demand information about aerosol and pressurized packaging.
Beauty major L’Oréal and luxury fashion house Prada are driving international noise around their first fragrance launch – an innovation that marks the first of many designed to build out a highly competitive global beauty brand, an executive says.
International personal care major Procter & Gamble (P&G) has published a climate transition plan outlining its ambition to be net zero on greenhouse gas (GHG) emissions by 2040 and signed up to Amazon co-founded The Climate Pledge.
Henkel, L’Oréal, LVMH, Natura &Co and Unilever are forming a global beauty consortium to co-develop an industry-wide environmental impact assessment and scoring system for cosmetics.
Tackling waste reduction is a core focus in Canada, with the country shifting to proactive Extended Producer Responsibility (EPR) programs to tackle the impact of waste in the beauty industry.
A Canadian CBD cosmetics, supplements and medical cannabis product company has received an important license from the government of Colombia, where its grow operations are located.
Estée Lauder Companies CEO has remarked on the strength of China’s beauty market, and said he was expecting it to grow by double-digits next year on the back of the acceleration of its online business.
Skin care brand Indeed Laboratories has launched with Mannings in Hong Kong as the first step of its expansion drive in Asia’s lucrative skin care market.
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.
![L’Occitane’s latest quarterly sales figures of the 2022 fiscal year have outperformed those from before the pandemic. [L'Occitane]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/l-occitane-q2-sales-rebound-to-surpass-pre-pandemic-levels-by-7/12961434-1-eng-GB/L-Occitane-Q2-sales-rebound-to-surpass-pre-pandemic-levels-by-7.jpg)
![Unilever is facing ongoing rising raw material costs and raised its pricing across its beauty and personal care division, a move that will be tough for consumers in emerging markets where it plays heavily [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/21/unilever-q3-2021-net-sales-rise-but-cost-inflation-leads-to-price-hikes-and-tough-future/12947452-1-eng-GB/Unilever-Q3-2021-net-sales-rise-but-cost-inflation-leads-to-price-hikes-and-tough-future.jpg)
![P&G says it is rolling out price hikes across parts of its portfolio in the US and will also review pricing in other markets in the near-term to offset rising commodity and freight costs [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/p-g-q1-fiscal-2022-net-sales-rise-profit-drops-due-to-challenging-cost-environment/12942250-1-eng-GB/P-G-Q1-fiscal-2022-net-sales-rise-profit-drops-due-to-challenging-cost-environment.jpg)
![Sequential Skin offers at-home patch testing kits that use gene sequencing technology to assess overall skin health in real-time, considering genetic predisposition and current skin microbiome condition [Image: Sequential Skin]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/11/sequential-skin-closes-1.4m-seed-round-and-talks-global-skin-testing-expansion/12915967-1-eng-GB/Sequential-Skin-closes-1.4m-seed-round-and-talks-global-skin-testing-expansion.jpg)
![Henkel, L’Oréal, LVMH, Natura &Co and Unilever want to co-develop an environmental impact system that will enable consumers to compare like-for-like products and make informed purchasing decisions [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/07/henkel-l-oreal-lvmh-natura-co-and-unilever-talk-environmental-beauty-consortium-goals/12906522-1-eng-GB/Henkel-L-Oreal-LVMH-Natura-Co-and-Unilever-talk-environmental-beauty-consortium-goals.jpg)
![The first product launch out of the long-term license agreement between L'Oréal and Prada is men's fragrance brand Luna Rossa Ocean [Image: L'Oréal/Prada Beauty]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/09/23/l-oreal-prada-license-agreement-launches-luna-rossa-ocean-eyes-global-beauty-push/12849852-1-eng-GB/L-Oreal-Prada-license-agreement-launches-Luna-Rossa-Ocean-eyes-global-beauty-push.png)
![Procter & Gamble will aim to slash all greenhouse gas (GHG) emissions from its supply chain and operations by 2040 and will work hard to influence emissions at the consumer-use phase which account for 80+% [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/09/23/procter-gamble-net-zero-ambition-2040-needs-collaboration-says-ceo/12847390-1-eng-GB/Procter-Gamble-net-zero-ambition-2040-needs-collaboration-says-CEO.jpg)
![Henkel, L’Oréal, LVMH, Natura &Co and Unilever are leading the charge in the creation of a global beauty consortium to develop a system that provides consumers 'clear, transparent and comparable' information on their cosmetic products [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/09/20/henkel-l-oreal-lvmh-natura-co-unilever-forming-consortium-for-cosmetics-environmental-impact-system/12835159-1-eng-GB/Henkel-L-Oreal-LVMH-Natura-Co-Unilever-forming-consortium-for-cosmetics-environmental-impact-system.jpg)
![[ELC]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-ceo-expecting-double-digit-growth-for-china-in-2022/12761007-1-eng-GB/Estee-Lauder-CEO-expecting-double-digit-growth-for-China-in-2022.jpg)
![Indeed Labs has launched with Mannings in Hong Kong as the first step of its expansion drive in Asia. [Indeed Labs]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/canada-s-indeed-labs-marking-regional-debut-with-launch-in-hong-kong-s-mannings/12756361-1-eng-GB/Canada-s-Indeed-Labs-marking-regional-debut-with-launch-in-Hong-Kong-s-Mannings.jpg)
![The acquisition will see Clariant acquire Beraca's long-standing and established Brazilian personal care business, renowned for its focus on sustainable efforts in the Amazon [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign.com/article/2021/08/24/clariant-acquires-remaining-70-of-brazilian-beraca/12763921-1-eng-GB/Clariant-acquires-remaining-70-of-Brazilian-Beraca.jpg)
![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)
