The company announced today that is has signed a deal with TerraVia to take on a majority interest in the skin care brand and the algae ingredient platform behind it, giving Tengram the latitude to find new uses for algae in beauty.
Just last week the privately owned, stand-alone North American business got a new chief executive, an appointment from outside the company that was announced just weeks after New Avon LLC became a reality.
L’Oréal saw its Group sales rise 1.8% for the first quarter 2016 to €6.55 billion, thanks to gains made in Western Europe and North America offsetting difficulties encountered in some emrging markets due to the strengthening euro.
Estée Lauder has long looked to acquisitions to strengthen its position in the cosmetics market and it will be hoping to do so in the fragrance sector with the acquisition of Paris-based fragrance firm By Kilian.
Coty is relocating its headquarters to London to ensure it is not in the same location as any divisional management offices empowering the business, and also to attract talent to the base, particularly with a new Growth and Digital department being launched.
The global cosmetics player has appointed a new president, JuE Wong, effective August 3th, and has also signed an agreement with prestige beauty distributor Luxasia Ventures as it sets its sights on Southeast Asia expansion.
Coty has confirmed Elio Leoni Sceti, currently CEO of Iglo Foods, as its new chief executive officer, in an appointment that aims to build on his significant experience heading up fast moving consumer goods companies.
More news coming from Inter Parfums’ French subsidiary after it entered into an 11-year exclusive worldwide fragrance license agreement with New York design house, Coach, after it decided not to renew with its current partner, Estee Lauder, whose deal...
L’Oréal has posted strong fourth quarter and annual results and will look to the future ‘with confidence’ after recording growth in all divisions and all regions, despite a challenging economic situation.
Select products from Bluemercury will be sold in Macy’s boutiques and the existing beauty and spa services retail shops will remain as a stand-alone specialty business, led by the company founders and enhanced with online and mobile storefronts.
Rieke Dispensing’s reach in Asia has expanded once more and its manufacturing capabilities will be given a boost following its parent company TriMas Corporation’s acquisition of Lion Holdings Pvt. Ltd.
Procter & Gamble’s CEO has stated the company is putting a recovery plan in place to get two of its largest beauty brands, Pantene and Olay, growing again, after recent ‘stumbles’ in the North American market.
Procter & Gamble reported a stronger increase in its fourth quarter sales, but beauty and grooming sales are steady, while profits are down as the company continues to pay out to streamline the business.
The color cosmetics maker has appointed Cristina Bartolucci to the position of chief creative director who will work alongside NYX's Founder Toni K. in the areas of product development and overall brand strategy.
Plandai Biotechnology, a producer of highly bioavailable plant extracts, has entered into a license agreement with Phyto Nutricare, a UK company, to develop Phytofare extracts for nutricosmetic applications.
With Procter & Gamble expecting that an emphasis on innovation and new product roll out will prove an essential route out of its current problems, the company has chosen to honor its preferred innovation partners.
The speciality pharmaceutical company has teamed up with experts at the Massachusetts General Hospital (MGH), the original and largest teaching hospital of Harvard Medical School to invest in the research and development of pigmentation products.
The growing Mexican cosmetic market has attracted medical and cosmetic product producer Oxygen Biotherapeutics, having entered into an agreement with independently owned and operated Comercial Uni2 of Mexico, for the sale of Dermacyte products.