This weekend, Japan’s SATO, a global auto-ID supplier with solutions for supply chain management, tracking, labels, RFID and more, announced its purchase of the São Paulo–based company.
The cosmetics retailer has been accused by former shop managers in California of misclassifying their employment status to avoid paying overtime wages.
The mass-market perfume distributor has struck an asset-based financing deal with Bibby Financial Services for several million dollars to sustain business as usual.
At least that’s how company president & CEO Christian Brickman put it in his statement to the press on Thursday, which also indicates gross profits are up slightly and includes a revision of previous expectations for fiscal year 2015.
In a climate of soft dietary supplement sales Vitamin Shoppe endured what CEO Colin Watts called a “difficult quarter.” The company is embarking on a new course that will see it pivot more toward functional foods and personal care, he said.
By picking up the Brazilian firm, graphics services company Diaeis is expanding its global footprint as well as jockeying to work with leading beauty and personal care companies investing in South America.
Business for the beauty giant is booming everywhere—except in Brazil—and the success of some niche brands acquired by the company says a lot about evolving consumer behavior and which business models work well in the current economy.
It has been a busy time for Procter & Gamble with the brand divestment to Coty and the announcement of its new CEO and this all acts as evidence that the company is shifting its focus away from Beauty, according to market research firm Euromonitor...
Next month Marc Rey steps in as president and CEO of Shiseido Americas; it’s part of the company’s shift to regional headquarters systems and the vision 2020 initiative.
The natural skin and hair care company is positioning itself for innovation and growth with this latest appointment; Jackel most previously led one of the fastest growing cosmetic businesses in the mass category.
Speaking at the CEW career development event last week in New York City, Lisa Marie Ringus of 24 Seven shared proprietary insights from the 2015 Beauty Salary & Job Market Report and called for beauty brands to elevate their human resource departments.
The skin care company launched there in 1989, but by this time next year, corporate headquarters will be fully relocated to San Francisco, California, and manufacturing will ultimately be outsourced.
The country’s industrial IPI tax on cosmetics and hygiene products takes full effect this month, and manufacturers and wholesalers anticipate a substantial price lift and simultaneous drop in sales.
Late last week, global growth equity firm General Atlantic acquired the shareholding from Weston Presidio and plans to capitalize on the brand’s momentum, acquainting more women with Too Faced.
With this week’s acquisition of P2 Cosmetics, the group expands its portfolio of exclusive, private label and outsourced cosmetics and personal care lines.
Procter & Gamble posted its fifth successive quarter of falling revenues, after its third quarter results were heavily impacted by currency translations.
Inter Parfums French subsidiary has entered into an agreement with Procter & Gamble to acquire the Rochas brand for $108 million, in a move that will look to fuse fragrance with fashion.
The brand’s Shine Strong program continues this year with funding recently awarded to 11 US campus action projects in partnership with the American Association of University Women.
Despite a drop in demand for Estée Lauder’s heritage brands, US sales were on the up; thanks to new product introductions, holiday sets and expanded distribution in the company’s make-up and luxury categories.
The specialty ingredients supplier, which counts the personal care and cosmetics industries among the markets it serves, has announced its latest financial performance results.
The company, which has been operating the facility DeKalb, Mississippi, since April, has laid off nearly half of the employees there until delayed ingredient shipments arrive.
Univar chose D'Altomare Química to help develop its South American market and position the chemical distributor as a solution-oriented service provider in the personal care sector.
Coty has reported flat sales revenues for its last quarter of the financial year on a struggling North American market, while profits bow under the weight of restructuring.
With the global economy now showing clear signs of picking up merger and acquisition activity has followed suit this year, which is putting the spotlight on some of the more interesting and innovative emerging brands.
Pharmaceutical giant Valeant’s move to create a second-step merger with Botox-maker Allergan has hit hurdles, as Allergan’s CFO resigns at the same time the company is said to be seeking out an alternative buyer.
Luxury international cosmetics player Estée Lauder posted record-breaking fourth quarter and full year results that show the company is continuing to lead the field.
Procter & Gambler has revealed that its net sales slipped 1% in the fourth and final quarter of the year, capping off a challenging year, with the company now set on a major brand portfolio shake up.
While neighboring Brazil continues to dominate in the global beauty industry, a spotlight recently shone on Argentina by market research firm Euromonitor reveals brands are finding it much tougher going over the border.
Sales are still on the up for the flavors and fragrance industry in America, and are expected to reach $6 billion by 2017, according to research firm Euromonitor.
Despite the dominance of the aerosol format, roll-ons are sticking around thanks to variation in market demand across the globe, according to research firm Euromonitor.
Avon released fourth quarter results showing that sales continue to slide at an alarming rate, just as it also announces a big hit from its bribery investigation.
US-based skin care company Restorsea has filed a lawsuit again Norway-based Aqua Bio Technology (ABT) claiming it breached a businsess contract, allegations ABT says it will fight against.
A recent campaign by Benefit Cosmetics indicates that the beauty industry has entered 2014 with a renewed focus on harnessing social media to drive consumer engagement.
A fragrance partnership between Spanish singer Enrique Iglesias and beauty company Coty has been announced, in a move which confirms Coty's intention to expand within developing markets.
Following a particularly strong growth in the US for the luxury goods trade of late, Dove has moved to take advantage of the market with its 'Men+Care' premium line.
