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.
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.
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.
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.
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.
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.
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
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