Financial focus

© Getty Images / (klenger)

GOJO more than doubles production to keep pace with COVID-19 demand

By Deanna Utroske

The Ohio-based health and hygiene company making Purell brand hand sanitzer, hand soap, hand wipes and surface disinfectant spray is working around the clock and expanding into new facilities to manufacture these sought-after personal care and cleaning...

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Editor's Spotlight

Coronavirus Impact: what the market research says

By Deanna Utroske

The cosmetics and personal care industry has already been deeply affected by the Coronavirus crisis. To help guide the beauty industry through this predicament, market research firms are circulating newly updated data and insights.

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Groupe Marcelle reduces operations and begins layoffs

By Deanna Utroske

As of Monday, March 30, the Canada-based beauty maker will begin scaling back operations and implementing temporary layoffs in response to the Coronavirus global health and financial crisis.

© Getty Images \ (Highwaystarz-Photography)

L’Oréal closes all retail in Canada

By Deanna Utroske

The beauty maker announced this week that all L’Oréal – owned stores across the country are closed “until further notice to help protect employees and customers from the threat of COVID-19.”

© Getty Image \ (fizkes)

Avon and Herbalife execs go to work at Tupperware

By Deanna Utroske

Tupperware owns six brands. Five of those are beauty and personal care brands. And late last week, the direct-sales company added 2 beauty and wellness executives to its leadership team.

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Cosmetic Laboratories of America is now part of the KDC/ONE business

By Deanna Utroske

The Canada-based beauty maker has been growing exponentially since being acquired by Cornell Capital in mid-2018. And the Cosmetic Laboratories of America acquisition is just the latest in what is now a long line of deals that have vastly expanded KDC/ONE.

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MAV Beauty Brands has a new CEO

By Deanna Utroske

Marc Anthony Venere is staying on with the business he founded; but as of this month, the Canada-based company has a new President and CEO.

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Stephens and Associates acquired by SGS

By Deanna Utroske

The contract research and testing lab venture, based in the Southwestern US, is now part of the multinational inspection, verification, testing, and certification company SGS.

photo courtesy of Advent International

JuE Wong joins Olaplex as CEO

By Deanna Utroske

In November, a private equity firm called Advent International announced it was acquiring the popular hair treatment brand. That deal closed in early January; and now, veteran beauty industry executive JuE Wong is at the helm with plans to expand the...

'Our aspiration is to build not just the best beauty company in the world, but the best beauty company for the world,' says Natura & Co group CEO Roberto Marques (Getty Images)

The future of a Natura-Avon beauty powerhouse?

By Kacey Culliney

Natura & Co has finalised its Avon acquisition, creating a global pure-play beauty giant and direct-to-consumer leader – a mega-business it wants to use to fight the climate crisis, champion cruelty-free, female empowerment and local communities.

© Getty Images \ (eldadcarin)

Clean Beauty gets an infusion of capital

By Deanna Utroske

This month, the prestige clean color cosmetics brand Ilia Beauty announced a Series B funding round, led by Sandbridge and including the New York City – based firm Silas. The investment enables Ilia to, among other things, further finance product development...

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Highlights from our 2019 coverage of the LATAM region

By Simon Pitman

It has been an interesting year in the Latin American region, with economic and political volatility, environmental issues and sustainability all underpinning what has happened in the beauty industry.

Richelieu Dennis, Cara Sabin, and Esi Eggleston Bracey (photo via @cara_sabin on Instagram)

Cara Sabin is Sundial Brands new CEO

By Deanna Utroske

The beauty marketing executive joined Unilever this week as CEO of Sundial Brands, where she’ll not only lead the Sundial business (which currently consists of four brands) but also the new Sundial Brands Social Mission Board.

M&A activity hints at new realities in the beauty sector

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M&A activity hints at new realities in the beauty sector

By Deanna Utroske

This past week Coty bought controlling stake in Kylie Cosmetics, The Estée Lauder Companies acquired Korea-based skin care brand Dr Jart+, and Olaplex accepted a private equity deal from Advent International. To get a sense of what these transactions...

© Getty Images \ (Olivier Le Moal)

KDC/ONE acquires Benchmark Cosmetic Laboratories

By Deanna Utroske

The Canada-based beauty and personal care manufacturer announced the latest in a series of acquisitions this week. This time the company adds California-based prestige manufacturer Benchmark to its global network of product production facilities.

product photo courtesy of ZitSticka

Why is the food industry buying into beauty?

By Deanna Utroske

This month’s investment deal between food and beverage venture capital firm BFG and skin care startup ZitSticka raised some eyebrows. So, Cosmetics Design checked with BFG partner Ben Fenton and ZitSticka co-founder Daniel Kaplan to find out why their...

photo courtesy of Shiseido

Clean skin care startup Drunk Elephant sells to Shiseido for $845m

By Deanna Utroske

Shiseido set itself a 2020 sales goal of ¥1 trillion and surpassed that goal in 2017. The beauty maker’s new goal is to reach ¥1.2 trillion in sales by 2020 and to “be among the top three companies in the global prestige cosmetics market.” Shiseido’s...

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