Just last week the privately owned, stand-alone North American business got a new chief executive, an appointment from outside the company that was announced just weeks after New Avon LLC became a reality.
Multinationals are edging in to the South American region while the economy is down; but for the time being, this quarter’s results don’t look good for the local direct-sales beauty company.
L’Oréal saw its Group sales rise 1.8% for the first quarter 2016 to €6.55 billion, thanks to gains made in Western Europe and North America offsetting difficulties encountered in some emrging markets due to the strengthening euro.
At the close of trading tomorrow, the beauty company will take its place on the market indicator list alongside other industry leaders, including Estee Lauder Cos., International Flavors & Fragrances, Dow Chemical, and P&G.
A Wall Street analyst’s positive note on Procter & Gamble’s outlook has sent share prices upwards and could be one of the first signs the business is really back on track.
The private label brand and beauty retailer has its offices in Bolingbrook, Illinois, a west suburb of Chicago, and this summer Ulta will open space in the heart of the city for up to 100 employees.
GCPL is strategically growing though acquisitions, particularly in hair care for women of African descent, and with this latest deal the India-based company gains market share as well as US-specific insights and product knowledge.
P&G has been facing up to the challenge of flat sales and a significant restructuring of the business, but more challenges come as it is slapped with a lawsuit on its Old Spice brand.
Avon Products has come to an agreement with an activist investment group led by Barington Capital, which means the investors have a say in the appointment of an independent director to the Avon board.
Procter & Gamble has just announced that it is investing an additional $50m in Argentina, as a new government is ushered in with the promise of more liberal trade and business regulations.
The innovative application tool company Rea.deeming Beauty accepted a substantial payment from Avon as the company continues to challenge trademark infringement globally.
The manufacturing and packaging partnership will be rolling our product within months and is all part of Cosmax’s plans to dominate the contract manufacturing space in the Americas and beyond.
Estée Lauder Companies’ results might have come in above Wall Street’s expectations for the past 18 quarters, but Goldman Sachs has taken the decision to downgrade it.
The cosmetic and beauty retailer is going from strength to strength on the back of its focus on a wider selection of color cosmetics, with sales for the latest quarter strong and more stores planned.
Avon Products has confirmed that it is shifting its international headquarters to the UK and is to reduce its workforce by 2,500 as part of its transformation plan for the ailing business.
The privately owned North American Avon business is a done deal this month as Cerberus Capital Management takes a majority stake in the beauty company—a transaction meant to make Avon profitable again.
The Cosmetics Design Group (a company with no affiliation to this publication) has bought a majority stake in the successful indie brand, and going forward the two companies will essentially act as partners.
New data from job review site fairygodboss.com shows well over half of women working in the beauty business self-report being treated equitably in regard to gender, though when it comes to job satisfaction cosmetics scored near the bottom.
Brazilian conglomerate Hypermarcas has reported that the first payment in the sale of a major slice of its business to Coty has helped boost its fourth quarter results.
All eyes were on David S. Taylor, as he made his first public presentation as CEO and President of Procter & Gamble since he was appointed to the position last year.
Online retail can be a major opportunity for peddlers of counterfeit goods, and new research underlines how fake big brand fragrances are widely available to US online consumers.
Coty has moved one step closer to completing the acquisition of a large slice of the Procter & Gamble’s beauty brands after European Commission gave its approval for the deal under the EU Merger Regulation.
The sun care cosmetics company is looking to reach new markets and have a larger retail presence. Multimillion-dollar financing from the Life Sciences Group of Bridge Bank will help with that.
US-based Nu Skin continues to struggle against currency headwinds and declining sales in its mainstay Asia Pacific markets, with the resulting net profits coming in at below expectations.
The flavors and fragrance company released a report last week on its 2015 full-year financial results and strategic achievements. And, company numbers indicate that in a currency neutral world profits and sales are up.
Every two years cosmetics made, packaged, or labeled in the state have to be registered with the Department of Business and Professional Regulation. Separate bills, currently under consideration by the Senate and the House, would change that mandate.
This evening at 7:45pm, Michelle Makori, the NYC-co anchor for CCTV-AMERICA will be interviewing me about the biggest trends in the global cosmetics market and what's happening across markets worldwide.
This spring the ingredients manufacturer will begin construction on its first plant in the US, which should be operational by 2018 and serving top clients like L’Oreal and Estée Lauder.
Share prices in Coty have been volatile ever since the company announced major expansion plans last year, and the trend has been downward so far this year, reflecting a number of uncertainties.
Estée Lauder has continued its strong run of financial results, reporting industry leading revenue growth for its second quarter on the back of like-for-like gains worldwide.
Last year the skin care company received a patent for its biotech silk protein ingredient, and now Silk Therapeutics has big plans for the millions of dollars raised during its just-closed series A2 financing round.
This week Coty completed its purchase of Hypermarcas S.A., a deal that gives the expanding cosmetics, fragrance, and personal care company a strong foothold in the world’s 3rd largest beauty market.
A CEW Business Insider event in New York City last week explored the connection between indie brand strategy, consumer expectations, and M&A activity in the beauty business.
That’s the question majority owner Ron Perelman is asking—late last week he filed a statement with the US Securities and Exchange Commission declaring that his investment firm is exploring strategic alternatives involving the company.
The companies are moving ahead with the transfer of 40+ cosmetics and personal care brands to Coty, but as of this week 2 of those brands are staying with P&G.
The consumer goods company is making changes to save money and influence consumers all at once, with public relations efforts squarely refocused on brand-building thought leadership initiatives.
The recent Canada-Korea free trade agreement (CKFTA) has seen imports of Korean beauty brands soar in the North American country, according to a new report.
The newly formed private equity group L Catterton is a partnership among LVMH, Groupe Arnault, and Catterton, and is aiming to impact all the major consumer markets—cosmetics and perfumes included.
The deal expands the company’s reach as a distributor of professional hair care products in the North East region of the country, which SalonCentric president Bertrand Fontaine calls a key territory.
In our final post of 2015 the Cosmetics Design team is bringing you a selection of the biggest trends that we have covered over the course of the year, as well as trend projections for 2016.
The Cosmetics Design USA team has put together a list of the top ten trends to look out for in 2016 and here they all are in this latest edition of CD Buzz.
The California-based prestige color cosmetics brand will ring in the New Year with a new CEO and an infusion of capital meant to ensure continued innovative product development.
This morning, Avon announced its acceptance of a $605m equity investment from Cerberus Capital Management that will help the direct-sales beauty company develop further internationally, deliver value to shareholders, and (for now) let the North American...
The annual CEW charity auction supports Cancer + Careers, a non-profit that empowers people with cancer to thrive at work, and stands as a commendable opportunity for the industry to join together and benefit society in a meaningful way.
