Financial focus

prestige makeup company Estée Lauder now owns BECCA Cosmetics

Estée Lauder now owns the BECCA brand

By Deanna Utroske

It was less than a month ago Cosmetics Design reported that Estée Lauder was acquiring makeup company brand BECCA Cosmetics. That deal is now final, and the company’s prestige market share is all the stronger for it.

fine fragrance and beauty company IFF acquiring Fragrance Resources

IFF acquiring Fragrance Resources

By Deanna Utroske

This month, the international flavor and fragrance company announced plans to buy Fragrance Resources and thereby further focus on regional opportunities in fine fragrance, beauty, personal care, and more.

Net sales flat at P&G for Q1 of fiscal 2017

Net sales flat at P&G

By Deanna Utroske

The consumer packaged goods company release its Q1 results on Tuesday, the first such report since P&G completed its divesture of specialty beauty brands to Coty.

2016 Q3 sales are up double-digits at fragrance company Inter Parfums

Sales are up double-digits at Inter Parfums

By Deanna Utroske

The fragrance company will release its official Q3 results early next month. In the meantime, it’s safe to say that new fragrances are selling big in this country.

Estée Lauder buys color cosmetics and complexion makeup brand BECCA

Estée Lauder is acquiring BECCA cosmetics

By Deanna Utroske

Late last week the global beauty maker announced that it is buying prestige color cosmetics and complexion product company Becca. And things are expected to wrap up quickly; Estée Lauder anticipates closing the deal next month.

Bellami Hair acquires Mirabella Beauty

Bellami Hair acquires Mirabella Beauty

By Deanna Utroske

Bellami is aiming to become “one of the leading beauty brands in the world,” and the acquisition of color cosmetics company Mirabella is one small part of the plan, which includes retail stores, distribution partnerships, formulation updates, new leadership...

At P&G, over 15 beauty and personal care brands remain

At P&G, over 15 beauty and personal care brands remain

By Deanna Utroske

Coty has completed the acquisition of 41 P&G brands. But that CPG company still owns many big names in beauty and has plans to remain a market leader with advancing product technologies and legacy brands.

As of today, Coty is the world’s third-largest beauty company

As of today, Coty is the world’s third-largest beauty company

By Deanna Utroske

Having now completed the acquisition of P&G’s specialty beauty business, which doubled the company’s annual revenue, Coty takes its place as a global leader in fragrance, color cosmetics, and professional hair care and styling.

Coty joins S&P 500

Coty joins S&P 500 and investors like it

By Simon Pitman

Coty has been added to the Standard & Poor’s 500, an announcement that drew applause from the investment world and sent stock prices on the up.

Revlon completes Elizabeth Arden acquisition

Revlon completes Elizabeth Arden acquisition

By Deanna Utroske

It’s a done deal! Revlon confirmed last week that the acquisition was successful and that the combined company—a “global beauty enterprise”–now operates with Revlon as the parent company and is traded on the NYSE as REV.

e.l.f. Beauty announces IPO terms

e.l.f. Beauty announces IPO terms

By Deanna Utroske

The cosmetics, skin care, and beauty tools company filed an amendment with the Securities and Exchange Commission yesterday, outlining e.l.f.'s market value, price per share, and number of shares to be available.

Estée Lauder year-end and Q4 results show a lift in sales

Estée Lauder year-end and Q4 results show a lift in sales

By Deanna Utroske

Late last week the beauty and fragrance manufacturer announced its most recent financial results, with sales up in all categories, makeup performing best, and a net sales increase across the region—in Canada, the States, and Latin America.

Kathy Cullin, General Manager of Bare Escentuals US

Kathy Cullin is now general manager of Bare Escentuals US

By Deanna Utroske

On Monday, Cullin took on her new role leading the brand’s commercial business and customer experience. The general manager position itself is also new for Bare Escentuals US, and in it Cullin reports to Marc Rey, president and CEO of Shiseido Americas.

Coty Q4 and year-end results

Coty Q4 and year-end results

By Deanna Utroske

The cosmetics, skin care, and fragrance company announced its latest financials this week, showing a decline in revenue for the year, better numbers on a quarterly basis, and optimism about integrating the beauty brands that Coty is acquiring from P&G.

CD Buzz: Indie Beauty Focus

CD Buzz

CD Buzz: Indie Beauty Focus

By Simon Pitman

Ahead of the Indie Beauty Expo in New York City this month, the Cosmetics Design takes a look at what to expect at the event, as well as what's happening in the fast-paced world of indie beauty, where the innovation is at and how these players are...

Elizabeth Arden year-end financial results are in

Elizabeth Arden year-end financial results are in

By Deanna Utroske

This month the prestige beauty company, which will merge with Revlon by the end of 2016, announced its Q4 and year-end numbers, showing a good performance financially and strategically.  

direct sales beauty company New Avon LLC moving to NJ or Brooklyn

Where will New Avon LLC go next?

By Deanna Utroske

The privately held direct-sales beauty company will likely remain in the greater New York City area. For its new location, however, New Avon is considering sites and incentives on either side of Manhattan.

Q2 results from fragrance maker and cosmetic ingredient company IFF

Second quarter financial results from IFF

By Deanna Utroske

This week the fragrance and flavor maker announced Q2 strategic accomplishments and financials. From a currency neutral perspective, company sales are growing—in North America by 5%.

direct-sales beauty company Avon Products Q2 financial results are in

Avon Products Q2 financial results are in

By Deanna Utroske

Without adjusting to constant dollars, the direct-sales beauty company’s revenue was down in every region: Europe, the Middle East, and Africa; South Latin America; North Latin America; and the Asia Pacific.

A new headquarters for Estée Lauder?

A new headquarters for Estée Lauder?

By Deanna Utroske

The beauty company’s search for a new space is underway as two of its key leases in New York City are set to expire, according to real estate industry media.

Gloria Mayfield Banks, Independent Elite Executive National Sales Director at Mary Kay (image courtesy of Mary Kay)

Gloria Mayfield Banks makes history at Mary Kay

By Deanna Utroske

Having recently earned the prestigious rank of Independent Elite Executive National Sales Director, Banks also holds the distinction of being the first African American woman to achieve this title at the direct-sales beauty company.

Ulta Beauty launching its own credit card

Ulta Beauty launching its own credit card

By Deanna Utroske

The cosmetics and personal care retailer has contracted with data-driven marketing firm Alliance Data Systems Corporation to establish an Ultamate Rewards Credit Card and loyalty program for beauty consumers.

Coty names Camillo Pane CEO

Coty names a new CEO

By Deanna Utroske

The appointment won’t take effect until later this year, once the Coty P&G deal is formally closed. Fittingly, the new executive has experience integrating acquisitions in and beyond the US.  

fragrance and beauty company Inter Parfums Q2 numbers and Coach launch

Inter Parfums Q2 numbers

By Deanna Utroske

The fragrance and beauty innovator announced its most recent financial figures, showing impressive net sales. And now Inter Parfums is looking ahead to the second half of the year and the company’s first launch of a Coach branded scent.

This year’s beauty industry job market looks good for talent

This year’s beauty industry job market looks good for talent

By Deanna Utroske

At last night’s CEW event in New York City, job experts from 24 Seven and The Estée Lauder Companies shared insights about the current state of hiring and employment among cosmetic and personal care brands and manufacturers.

Executive leadership changes Estée Lauder Companies, Origns, Jo Malone

Executive leadership changes at Estée Lauder Companies

By Deanna Utroske

This month the cosmetics maker announced two in-house appointments to strengthen the global reach of its Origins and Jo Malone London brands. One is already in effect, while the other is set to take place this fall.

Women rising in the ranks at Markwins Beauty Brands

Women rising in the ranks at Markwins Beauty Brands

By Deanna Utroske

The private cosmetics company owns popular labels such as wet n wild, Black Radiance, Bonne Bell, Lip Smacker, and Physicians Formula; and now, in a move to restructure Markwins’ leadership, in-house promotions are being announced.   

IT Cosmetics product image courtesy of L’Oréal

L’Oréal will acquire IT Cosmetics

By Deanna Utroske

Friday afternoon, the self-proclaimed world’s leading beauty company announced the signing of a deal to purchase skin care and makeup brand IT Cosmetics for over $1bn — validation of IT Cosmetics’ hard-earned reputation for innovation and consumer loyalty.  

Commercial real estate industry sees a big opportunity in cosmetics

Commercial real estate industry sees a big opportunity in cosmetics

By Deanna Utroske

This week, that industry’s news coverage highlights the success of standalone beauty shops like Sephora and Ulta but also points to the increase in foot traffic that the right personal care and cosmetic brands and services bring into drug and big-box...

NUDE skin care collection, as posted to Instagram by Beautycounter

Beautycounter buys the Nude natural skin care line from LVMH

By Deanna Utroske

Not to be left out of the M&A game this summer, Beautycounter posted news of the acquisition on its Instagram page yesterday evening, saying “and the Beautycounter family just got a little bigger. Welcome, NUDE Skincare! #saferbeauty #betterbeauty.”

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