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.
All eyes were on David S. Taylor, as he made his first public presentation as CEO and President of Procter & Gamble since he was appointed to the position last year.
Steiner Leisure Limited, owner of a portfolio of well-known skin and hair care brands, has been bought by consumer-focused private equity firm Catterton.
Estée Lauder Companies has announced additional responsibilities for executive group president John Demsey, while also promoting Jane Hertzmark Hudis to group president.
Body treatment products from the spa brand will be available online and in stores next month. And come mid-May, Bliss plans to launch an exclusive beach body treatment kit with the retailer.
Ahead of the division of its personal care and battery businesses on July 1st of this year, Energizer Holdings’ executives name the newly separated businesses.
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.
Procter & Gamble has announced an executive reshuffle that may line up David Taylor to take over from A.G. Lafley in the CEO role, while targeting business realignment focused on flagging personal care sales.
The direct sales beauty brand recognizes and trains its top consultants at an annual event, and this year the company has business gains to celebrate as well.
Former Revlon chief scientific officer Alan Meyers has sued the brand, claiming he was fired after raising safety concerns that the chief executive did not want to hear, and was discriminated against for being Jewish.
Nerium International , a Texas-based skin care company is doubling the size of its Addison headquarters, as well as expanding its commercial footprint into the Mexico market.
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.
WS Packaging has acquired New York-based business Label World, a move that expands its footprint in customized labeling, particularly for beauty packaging.
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.
Alcoa today announced $33bn (€24bn) hostile bid for Alcan in a move
to consolidate two of the world's largest aluminium suppliers to
the beverage and packing industries.
Despite an overall increase in net sales, cosmetic leader, Revlon,
reported a third quarterly loss on Tuesday, due to costs incurred
for the discontinuation of unsuccessful product line, Vital
Radiance, and company restructuring.
US cosmetics brand Jane has teamed up with two private equity
groups to boost its presence in the market with what it hopes will
be the "next great mass market cosmetic brand."
As part of plans to restructure its operations Playtex Products
says it is moving to a consolidated North American structure and
restructuring its Canadian operations. The company also announced a
restructuring of its US Banana Boat...
Sales of care chemicals were up 3 per cent in the first half of
this year at German company Cognis, which said the increase to €577
million was driven largely by the skin care and fatty alcohol
businesses.
Procter & Gamble announced it has signed a US$30 million (€24
m) contract for future business over the next 18 months with
Amantea Nonwovens, a minority-owned nonwovens company, to provide
materials for tampons and nappies (diapers).
Church & Dwight, the maker of Arm & Hammer toothpaste, has
reported first quarter profits up 40 per cent on last year, a
figure boosted by its acquisition of Unilever's North American oral
care business.
