Financial focus

Alan Jope, incoming CEO (photo via Unilever)

Unilever’s next CEO is current president of beauty and personal care

By Deanna Utroske

At the start of the New Year, Alan Jope will take over as CEO of the multinational consumer goods company. Having most recently led the beauty and personal care business—Unilever’s largest division—and been with company his entire career, Jope has the...

Coty announces new CEO and shifts corporate focus to financials

Coty announces new CEO and shifts corporate focus to financials

By Deanna Utroske

Camillo Pane took on the CEO role in July of 2016 just about one year after he joined Coty’s category development team. Now Pane is out and Pierre Laubies, an executive who’s apparently adept at reducing the debt burden of CPG companies, is in as CEO...

Holly Cardinali to lead CPL Aromas US market growth

Holly Cardinali to lead CPL Aromas US market growth

By Deanna Utroske

This month the British fragrance company announced Cardinali’s new role as Business Development Manager for its USA division, making CPL the latest in a string of global fragrance makers to solidify plans to advance and expand business in the United States.

Avon cuts back US operations

Avon cuts back US operations

By Deanna Utroske

The direct-sales beauty, personal care, and wellness company announced plans this week to streamline operations in New York State. Avon is closing offices and reducing staff, all in an effort to “fuel growth,” according to company executives.

Momentive Performance Materials to be acquired

Momentive Performance Materials to be acquired

By Deanna Utroske

The New York-based beauty and personal care ingredient maker announced this week that a collective of South Korean entities will acquire Momentive in a deal valued at just over $3 billion.

image courtesy of IBMG

BeautyX Capital opens Monday in New York City

By Deanna Utroske

Founders of indie beauty and wellness businesses have one final chance to take advantage of a BeautyX educational event this year. The two-day seminar on financing, funding, and investor capital—complete with panel discussions, case studies, networking...

Beauty products caught in an ugly trade war

News Analysis – Guest Author

Beauty products caught in an ugly trade war

By Aliza R. Karetnick

As global players, the well-being of cosmetics and personal care companies depends, in large measure, on an open international marketplace free from excessive duties, which have a tendency to depress manufacturing growth and, in turn, dampen robust industry...

Grace Ray is the new CEO of Milani Cosmetics

Grace Ray is the new CEO of Milani Cosmetics

By Deanna Utroske

In June, the private equity firm Gryphon Investors invested heavily in the masstige beauty brand. Now Grace Ray, a cosmetics and personal care industry leader, has accepted the board’s invitation to join the company as CEO at the end of the month. And...

P&G global headquarters (image courtesy of the company)

P&G will acquire indie skin care brand FAB

By Deanna Utroske

Reports are circulating this week that P&G will pay close to $250m for the popular skin care brand founded by Lilli Gordon and known as First Aid Beauty.

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