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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
MANA Products, Meiyume, and RPG announced the partnership this month along with their global strategy to bring beauty brands the end-to-end solutions needed in the modern cosmetics and personal care marketplace.