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.
The Florida – based, kitchen and household goods company appointed a Mauro Schnaidman to its board of directors this week, upping the number of new beauty executives on the Tupperware team to three.
As of Monday, March 30, the Canada-based beauty maker will begin scaling back operations and implementing temporary layoffs in response to the Coronavirus global health and financial crisis.
The beauty maker announced this week that all L’Oréal – owned stores across the country are closed “until further notice to help protect employees and customers from the threat of COVID-19.”
Tupperware owns six brands. Five of those are beauty and personal care brands. And late last week, the direct-sales company added 2 beauty and wellness executives to its leadership team.
The Canada-based beauty maker has been growing exponentially since being acquired by Cornell Capital in mid-2018. And the Cosmetic Laboratories of America acquisition is just the latest in what is now a long line of deals that have vastly expanded KDC/ONE.
The company behind The Body Shop in three South East Asian markets is expecting to raise over MYR120m (US$30m) from an upcoming IPO on Kuala Lumpur's stock exchange.
The contract research and testing lab venture, based in the Southwestern US, is now part of the multinational inspection, verification, testing, and certification company SGS.
The personal care and cosmetics ingredient distribution venture has named a new CEO and Executive VP to “maximize growth” in existing markets as well as through additional acquisitions.
After buying several businesses in the second half of 2019, the Canada-based beauty manufacturing company has announced it’s acquiring Shanghai Paristy Daily Chemical Co., Ltd.
In November, a private equity firm called Advent International announced it was acquiring the popular hair treatment brand. That deal closed in early January; and now, veteran beauty industry executive JuE Wong is at the helm with plans to expand the...
Natura & Co has finalised its Avon acquisition, creating a global pure-play beauty giant and direct-to-consumer leader – a mega-business it wants to use to fight the climate crisis, champion cruelty-free, female empowerment and local communities.
This month, the prestige clean color cosmetics brand Ilia Beauty announced a Series B funding round, led by Sandbridge and including the New York City – based firm Silas. The investment enables Ilia to, among other things, further finance product development...
The direct-to-consumer brand, founded by Georgina Gooley and Jason Bravman in 2016, has caught the attention of P&G and will soon be a part of the multination consumer goods company.
It has been an interesting year in the Latin American region, with economic and political volatility, environmental issues and sustainability all underpinning what has happened in the beauty industry.
Global beauty major L'Oréal has signed a long-term license agreement with high-end Italian fashion house Prada to develop a luxury beauty line it says will be an ‘ideal complement’ to its Luxe brands.
The beauty marketing executive joined Unilever this week as CEO of Sundial Brands, where she’ll not only lead the Sundial business (which currently consists of four brands) but also the new Sundial Brands Social Mission Board.
L’Occitane’s acquisition of Elemis in January has contributed to strong growth across the group for the first half of FY2020, with overall net sales up 22.1% and extremely fast growth in the UK.
This past week Coty bought controlling stake in Kylie Cosmetics, The Estée Lauder Companies acquired Korea-based skin care brand Dr Jart+, and Olaplex accepted a private equity deal from Advent International. To get a sense of what these transactions...
This week the professional hair brand and the firm announced a deal that will see Olaplex grow in terms of global market reach, product portfolio, and retail strategy.
The household cleaning company has bought 2 sun care businesses and a men’s skin care line this year, bringing the number of brands in the SC Johnson lifestyle category up to 8.
The Canada-based beauty and personal care manufacturer announced the latest in a series of acquisitions this week. This time the company adds California-based prestige manufacturer Benchmark to its global network of product production facilities.
This month’s investment deal between food and beverage venture capital firm BFG and skin care startup ZitSticka raised some eyebrows. So, Cosmetics Design checked with BFG partner Ben Fenton and ZitSticka co-founder Daniel Kaplan to find out why their...
L’Oréal has secured strong third-quarter earnings across its global business, driven largely by dynamic growth in its Luxe and Active divisions and business has accelerated across Eastern Europe.
L’Oréal has signed an agreement with Clarins Group to acquire its entire fragrance division which includes Mugler and Azzaro. The deal is set to close in the first quarter of 2020.
This month, the beauty packaging company announced its equity investment in 3 China-based companies specializing in components and complete makeup packaging solutions.
Shiseido set itself a 2020 sales goal of ¥1 trillion and surpassed that goal in 2017. The beauty maker’s new goal is to reach ¥1.2 trillion in sales by 2020 and to “be among the top three companies in the global prestige cosmetics market.” Shiseido’s...
A consortium of renowned institutional investors has acquired Nestlé Skin Health, rebranding the entire unit Galderma and refocusing it as a pure play dermatology business.
The Ontario, Canada – based color cosmetics brand announced a first funding deal with Raven Indigenous Capital Partners this week. The firm invests to support indigenous values and social enterprise. And while both the Cheekbone Beauty brand and the investment...
The site, founded by Jacqueline Gutierrez, went live late last week and promises to change the way beauty entrepreneurs raise funds, connect with consumers, and disrupt business as usual in the cosmetics, personal care, and wellness industries.
In 2012, the specialty chemical company established an in-house venture capital firm. Over the intervening years, the company has invested in nearly 20 businesses, many of which promise to influence the future of the cosmetics and personal care industry....
Next month, Rinderknech will take on leadership of a business division that accounts for just over one quarter of the company’s sales. And he has his work cut out for him; the most recent L’Oréal financial report describes the North America division’s...
In late August, the DIC Corporation (of which Sun Chemical is a subsidiary) announced having entered a definitive agreement with BASF to acquire the company's Colors & Effects global pigments business. BASF Colors & Effects serves several...
The non-profit Genome British Columbia and Phytonix Corporation announced a partnership this month that will result in a manufacturing platform where CO2 emissions from industrial facilities will be converted into specialty chemicals for use in the fragrance...
After two and a half years of holding controlling stake in the digital-first, direct-to-consumer beauty brand, Coty announced yesterday that the two entities have arrived at a “mutual decision to terminate their partnership.”
The global cosmetics and personal care ingredient supplier hired a chief accelerator director in 2017, invested in One Ocean Beauty in 2018, and this week the company is exhibiting at Uplink Live in New York City. At this year’s BeautyX Capital Summit,...
Consumer demographics are shifting here in the US and globally. And before long, formulators, manufacturers, brands, and retailers will focus more on the characteristics and curl pattern of hair than on any given consumer’s ethnicity. Cosmetics Design...
The once-a-year knowledge sharing summit is all about capital raising, funding strategies, and the financial realities of launching and running an independent beauty brand. And the 2019 edition of BeautyX Capital promises to be a must-attend event for...
The Canadian company announced this week that it has reached a deal to acquire Swallowfield’s beauty manufacturing business. The news comes just 2 weeks after KDC/ONE acquired Alkos and again furthers the company’s presence and capabilities in Europe.
Coconut oil is the hero ingredient in Kopari products. And the San Diego, California – based beauty startup has plans to grow its business even further, creating more coconut beauty products and reaching more consumers in-store and online.
Late last week, the multi-industry chemical supplier announced its latest acquisition. Adding the Custom Ingredients business to its portfolio means Charkit now offers that company’s popular ready-made ingredient blends for both personal care and industrial...
Recently, Canadian cosmetics and personal care manufacturer KDC/ONE has been growing steadily, opening new laboratory facilities in 2018 and again early this year, and acquiring several businesses to strategically bolster the company’s capabilities in...
The business Eric Korman founded in 2015 as a direct-to-consumer online brand set out to be a leader in the clean fragrance space and positioned itself early on as a brand that advocates for ingredient transparency. With new funding and new manufacturing...
