On Thursday, January 7, the global packaging company announced a definitive stock purchase agreement with Ares Management Corporation’s Private Equity Group and the Ontario Teachers’ Pension Plan Board.
The cordless-hair-tool startup, founded by Stacey Boguslavskaya and Monica Abramov in 2017, plans to use the capital to develop new tech, expand internationally, and double the size of the Lunata team.
This month the beauty maker announced two new Directors—Anna Adeola Makanju and Mariasun Aramburuzabala Larregui—as well as the departure of Paul S. Michaels.
This week, multinational flavors and fragrance producer Symrise announced having signed an agreement to buy the fragrance and aroma chemicals business of Milwaukee, Wisconsin – based Sensient Technologies. The deal not only expands Symrise’s global reach...
Specialty chemicals major Croda International is set to acquire Spanish fragrance and flavour firm Iberchem in a multi-million-euro deal that creates a full-service offering for beauty and personal care manufacturers.
Imerys Talc America filed for bankruptcy the same month that US District Judge Freda Wolfson issued a ruling that allowed thousands of lawsuits against Johnson & Johnson to proceed. Now, the France-based industrial mineral company is selling its North...
This month the Chicago-based supplier acquired Consolidated Bottle Corporation, a 110-year-old packaging business, headquartered in Toronto, Ontario, serving pharma, cannabis, food and beverage makers, and the industrial market, as well as cosmetics and...
The direct-social-sales beauty company is advancing its growth strategy according to plan. Hubbard joined Younique this past July in order to take over the CEO role and shift Founder and Board Chair Derek Maxfield to big-picture leadership.
This week, Los Angeles, California – based beauty and wellness maker HatchBeauty Brands announced the deal, which it’s promoting as ‘Trend Democratization’ – a venture that makes on-trend color cosmetics affordable.
The Tennessee-based label manufacturer announced the deal late last month. Owning Texas-based McDowell Label (as the company is more commonly known) gives Resource Label Group a more robust presence in the Southwestern United States.
The Arizona-based nail product maker behind the Dazzle Dry system is moving to a larger facility and has plans to more than double its employee count over the next few years.
This week, the global food corporation announced the signing of a deal to purchase Floratech, a decades-old natural ingredient supplier serving the cosmetics and personal care industry.
This month, the non-profit dedicated to advancing women entrepreneurs of color and the E & J Gallo Winery brand announced the businesses and Black women founders receiving the 2020 Barefoot Beauty Grant.
Personal care major Johnson & Johnson has reported a lift in sales for its third quarter thanks to growth in its consumer health division, drawing the firm out of its previous Q2 plunge.
From 8am to 8pm PST on October 5, 2020, women, Black, Indigenous, and people of color beauty brand founders are invited to apply for new Rising Stars program.
The UK-based ecommerce company partners with and purchases lifestyle, fashion, nutrition, and beauty brands to help them win in the D2C marketplace. And that’s exactly where this popular prestige skin care brand is going.
In response to the at-home hair color brand’s tremendous growth, Donna Pohlad, Founder and CEO, brought on Bennett to take over the top job and guide the brand’s cross-channel strategy.
A new venture, backed by the growth equity firm General Atlantic, has emerged from what was Morphe Holdings to develop, accelerate, acquire, and curate the personal care, cosmetics, and wellness brands that will win over Millennial and Gen Z consumers.
This week, the multinational consumer goods company announced appointing the former Black Entertainment Television (BET) CEO to its Board of Directors.
Personal care giant Colgate-Palmolive has reported a continued sales rise for the second quarter of 2020, driven largely by a strong performance in North America and increased demand for liquid hand soaps.
New data published by the American Chemistry Council this month shows that the US specialty chemicals market is improving, since taking a record dip in April. But only 3 industry sectors saw a Y/Y increase last month.
The beauty retailer already offers US consumers an installment payments option in partnership with Klarna, a Sweden-based bank and financial services company. Now, a deal with Paybright brings that same financing option to beauty consumers in Canada.
Personal care major Johnson & Johnson has reported a sharp drop in net earnings across its global business for the second quarter of 2020 and a dip in sales across consumer health due to COVID-19.
On Wednesday, the fragrance maker announced having signed a strategic agreement with Divabox, the company that owns the Origines-parfums beauty ecommerce platform. It’s an investment deal that brings e-retail to Interparfums.
Coty’s move to acquire a 20% stake in Kim Kardashian West’s beauty line KKW will enable it to leverage the power and buzz of personality-driven cosmetics – especially important in the face of ongoing COVID-19 challenges, says GlobalData.
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...
Consumer goods major Unilever will unify its split Anglo-Dutch legal structure into a single parent company in the UK – a move set to future-proof business, especially important during COVID-19, its CEO says.
Spanish fashion and fragrance firm Puig will acquire a majority stake in Charlotte Tilbury – an interesting move given rumoured competition from Unilever, though one that makes a lot of sense given company strategies, according to market experts.
French packaging major Albéa has completed the divestment of its dispensing systems, metal and Brazil businesses to US packaging firm Silgan, now refocusing on tubes, rigid cosmetic packaging and beauty solutions, its CEO says.
Beauty packaging and product solutions company WWP announced the new executive hire this week. Adams bring with her 15 years of CFO success and is set to improve the financial structure of the company’s global business.
The ongoing coronavirus (COVID-19) pandemic has changed the face of beauty business as we know it, and a dig into the financials shows some majors and categories have weathered the storm better than others.
Wednesday, the consumer goods company announced the appointment of Eric O’Toole and hinted at plans to further develop the business that’s been built around brands like Schick, Playtex, Hawaiian Tropic, and more.
The global luxury goods market will shrink dramatically in the face of the ongoing coronavirus (COVID-19) crisis, with significant downgrades expected in Switzerland, Germany, Italy and France, says Euromonitor International.
This month, the biotech company behind the popular clean skin care brand Biossance and the baby line Pipette shared news of company efforts to produce hand sanitzer as well as about how the numbers have been shaping up over the past quarter.
A ruling this week from US District Judge Freda Wolfson in New Jersey allows testimony from plaintiffs’ medical and scientific experts, including specialists in gynecologic oncology, cancer prevention research, and occupational and environmental health....
According to new data from the American Chemistry Council, overall specialty chemical market volume was down 5% in March. But for the most part, beauty ingredient suppliers are still doing a strong business.
Procter & Gamble (P&G) has reported a sales rise for its fiscal 2020 third quarter, buoyed by home and healthcare divisions, but net sales in beauty shrank due to a poor SK-II performance linked to travel retail closures.
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.
Personal care major Johnson & Johnson has lowered its 2020 guidance to reflect the impact of the ongoing coronavirus (COVID-19) crisis, despite a strong net income surge for the first quarter.
Miguel Fernandez joined the company as CEO and President just one month ago. And on Monday he announced cost-cutting measures including temporary furloughs, spending freezes, and salary cuts.
In the face of difficult business choices, the beauty retailer pledges to take several steps to help support both furloughed and remaining staff during the Coronavirus crisis.
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