Beauty major Estée Lauder Companies says it will be increasing its coverage across all channels in China this year to capitalise on the growth potential of its beauty market.
Consumer goods major Unilever has reported growth in full-year 2021 net sales and net profit, with a strong performance in beauty and personal care, but has said a dramatic rise in input costs remains a considerable challenge.
International beauty major L’Oréal has reported a significant rise in full-year 2021 sales and net profit globally, with Latin America and North Asia performing particularly well and business in its Luxe and Active Cosmetics divisions leading the surge.
Personal care major Unilever has split out its operations into five distinct business units to create a more category-focused company, breaking up its largest division beauty and personal care.
Despite the holiday break, plenty of things happened in cosmetics in December. Below, you can revisit some of the top articles on CosmeticsDesign in the last month of 2021.
Tis the season for brand acquisition before the New Year, and a research analyst as Euromonitor says P&G’s acquisition of Ouai is part of a larger trend of multinationals absorbing cult-favorite indie brands.
International personal care major Colgate-Palmolive is continuing to take worldwide pricing action and strengthen innovation and productivity to counter the ongoing cost inflation crisis, its chief financial officer says.
In the male-dominated world of venture capital, one firm is breaking into the cosmetics market and supporting companies focused on tech and led by women and diverse teams.
Beauty major L’Oréal has signed an agreement to acquire US superfood skin care specialist Youth to the People in a move set to deepen its ethical offering in an increasingly competitive market, say experts.
NuSkin Enterprises is among the latest multi level marketing companies transitioning to a hybrid model that includes affiliate marketers, the company announced recently.
Unified commerce where online and offline are intrinsically linked, a sharper and smarter focus on data, and investment in the metaverse must be the future focus for beauty brands and retailers, says a retail expert.
Arkay was recently recognized for its philanthropic efforts around Alzheimer’s, and the company’s CEO attributes their success to authenticity, realistic giving goals and integration into the business.
Honey Girl Organics, a company that uses bee-derived products, was fast-tracked to enter China’s beauty market after winning over Alibaba in the firm’s second annual Go Global 11.11 Pitch Fest.
Personal care titan Johnson & Johnson (J&J) will split out its consumer health business to create a new publicly traded company, part of its wider plan to pursue more targeted growth strategies.
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.
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.
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.
The Oman-based luxury fragrance house has seen its US business expand exponentially in recent months and has taken that as a cue to establish an Amouage Americas subsidiary here in New York City.
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.
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.
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, 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.
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.
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.
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.
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...
ATHR Beauty, the brand Tiila Abbitt is leading to “disrupt the $500 billion beauty industry with clean and sustainable makeup that works,” is in the midst of a funding raise; but it’s not the usual sort.
In a deal expected to close today, DSM is buying the synthetic biotechnology company’s flavor and fragrance intermediates business to augment its own aroma ingredients offerings and bring bio-based fragrance inputs to the cosmetics industry.
In June 2020, the color cosmetics brand pledged to contribute $1m to help end social injustice. In late February 2021, Anastasia Beverly Hills fulfilled that commitment with a final instalment going to fund Black-owned small businesses.
The packaging and dispensing technologies company announced Q4 and full 2020 results last month, foregrounding “the resiliency of the Company’s business model” during COVID-19.
In recent weeks, the 25-year-old hair brand announced new brand positioning, an updated brand name, and new packaging as well as a Strategic Review Process, which could lead to the sale of company assets.
Prestige beauty major The Estée Lauder Companies will up its investment in mass functional beauty player Deciem, establishing terms for full ownership in three years – a move that will diversify it into the increasingly important masstige market, an expert...
Procter & Gamble will continue to prioritise superior product design, packaging, and retail execution because it is a far-reaching opportunity that can strengthen long-term competitiveness, says its vice chairman, COO and CFO.
International beauty major L’Oréal has reported an overall loss in net profit for the full year of 2020, despite a spike in sales for the fourth quarter, most notably in active cosmetics and across China.
International beauty major Revlon has partnered with MDR Brand Management to create a global brand extension strategy that takes it into new spaces and drives deeper consumer engagement across the EMEA, APAC and Americas.
Japanese cosmetic giant Shiseido Company has announced the decision to sell its low-cost personal care business to CVC Capital Partners in a deal worth 160 billion yen ($1.5bn) in order to focus on its more high-end cosmetic brands.
Just in time for Black History Month, the multinational cosmetic and personal care company has announced a grant program—deadline February 18, 2021—to support startups and small businesses.
Smith & Vandiver Corporation has been manufacturing beauty and personal care products for multinationals, store brands, and startups since the 1970s. Now, the California – based company is part of the San Francisco Equity Partners investment portfolio.
Personal care major Johnson & Johnson has reported a dip in full-year earnings for 2020 despite a sales lift for the last quarter but says it remains confident in the company’s broad-based strengths moving into 2021.
![Kao, L’Occitane, LG H&H and more feature in this round-up of financial results, M&As and funding drives in the cosmetics industry. [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/kao-l-occitane-and-more-in-our-latest-beauty-business-and-finance-update/13267975-1-eng-GB/Kao-L-Occitane-and-more-in-our-latest-beauty-business-and-finance-update.jpg)
![Estée Lauder Companies says it will be increasing its coverage across all channels in China this year. [Estée Lauder]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/estee-lauder-china-preparing-to-increase-presence-across-all-retail-channels/13235929-1-eng-GB/Estee-Lauder-China-preparing-to-increase-presence-across-all-retail-channels.jpg)
![Unilever's CEO says that despite a successful year - with the fastest business growth reported in nine years - ongoing input inflation continues to be the company's biggest challenge [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/unilever-2021-full-year-net-profit-up-9-but-inflation-challenges-continue-says-ceo/13242523-1-eng-GB/Unilever-2021-full-year-net-profit-up-9-but-inflation-challenges-continue-says-CEO.jpg)
![L'Oréal's Luxe division performed especially well, with 'remarkable success' in fragrances, according to the company's CEO [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/02/10/l-oreal-2021-full-year-results-shows-net-profit-up-29-sales-up-15-in-historic-year/13231286-1-eng-GB/L-Oreal-2021-full-year-results-shows-net-profit-up-29-sales-up-15-in-historic-year.jpg)
![Unilever will now operate under five category-focused business groups: beauty & wellbeing; personal care; home care; nutrition; and ice cream [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/02/08/unilever-splits-into-five-business-groups-for-category-focused-growth-carving-up-beauty-and-personal-care/13223699-1-eng-GB/Unilever-splits-into-five-business-groups-for-category-focused-growth-carving-up-beauty-and-personal-care.jpg)
![Colgate-Palmolive, as with many other big beauty players, has rolled out out new pricing strategies worldwide to counter significant cost inflation in commodities and logistics [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/12/23/colgate-palmolive-talks-commodity-and-logistics-cost-inflation-challenges-in-beauty-personal-care/13118987-1-eng-GB/Colgate-Palmolive-talks-commodity-and-logistics-cost-inflation-challenges-in-beauty-personal-care.jpg)
![Coty is aiming to more than double its sales in China. [Coty / Covergirl]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/coty-china-aiming-to-more-than-double-sales-over-the-next-three-years/13090715-1-eng-GB/Coty-China-aiming-to-more-than-double-sales-over-the-next-three-years.jpg)
![LA-based skin care brand Youth to the People offered a range of superfood-charged products, including kale, green tea and spinach cleansers and exfoliants [Image: Youth to the People]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/12/09/l-oreal-to-acquire-youth-to-the-people-in-move-set-to-strengthen-ethical-status-and-competitive-edge-in-skin-care/13081556-1-eng-GB/L-Oreal-to-acquire-Youth-to-the-People-in-move-set-to-strengthen-ethical-status-and-competitive-edge-in-skin-care.jpg)
![Consumers are in-store but on their phones at the same time, opening up key opportunities for brand-driven experiences and unified commerce [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/12/06/beauty-retail-future-trends-are-unified-commerce-data-and-the-metaverse-says-outform-md/13070635-1-eng-GB/Beauty-retail-future-trends-are-unified-commerce-data-and-the-metaverse-says-Outform-MD.jpg)
![Honey Girl Organics was fast-tracked to enter China’s beauty market via Alibaba's Tmall. [Honey Girl Organics]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/us-based-honey-girl-debuts-in-china-after-winning-over-alibaba/13027341-1-eng-GB/US-based-Honey-Girl-debuts-in-China-after-winning-over-Alibaba.jpg)
![Johnson & Johnson plans to complete the carve-out of a standalone Consumer Health business by the end of 2022 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/johnson-johnson-splits-consumer-health-business-to-drive-growth/13016725-1-eng-GB/Johnson-Johnson-splits-consumer-health-business-to-drive-growth.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)
![[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)
![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)
![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)
![Shiseido has announced the decision to sell its low-cost personal care business for $1.5bn. [Shiseido/Senka]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/article/2021/02/04/shiseido-sells-off-personal-care-division-for-1.5bn-to-focus-on-high-end-skin-care/12160915-2-eng-GB/Shiseido-sells-off-personal-care-division-for-1.5bn-to-focus-on-high-end-skin-care.jpg)
