Japanese cosmetic giant Shiseido Company has announced the decision to sell its low-cost personal care business to CVC Capital Partners in a deal worth 160 billion yen ($1.5bn) in order to focus on its more high-end cosmetic brands.
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 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 hair color startup, led by CEO Amy Errett, announced this month that it’s accepted another $25m in venture capital funding, moneys that will let the company’s brick-and-mortar footprint expand exponentially over the next two years.
Today, the YouCam app maker announced the closing of its Series A funding round. Now Perfect Corp plans to spend millions improving the augmented reality and artificial intelligence tech that makes the digital beauty ecosystem tick.
Canada-based Euoko Group says it has completed a reverse
acquisition transaction for its luxury skin brand Euoko in a deal
that that aims to give the company greater independence in order to
tap into market growth.
Global premium cosmetics maker Estee Lauder is forecasting that
profits will rise in double digit figures over the course of the
next three years and sales growth will be ahead of average industry
growth, as it focuses on expanding...
New York-based Del Laboratories will close its Little Falls
cosmetics manufacturing facility by the end of the year with the
loss of up to 330 staff as part of moves to streamline its
operations and consolidate it with existing facilities...
Revlon's shares dropped as much as 8.6 per cent before recovering
slightly, Friday, as the cosmetics company's financial makeover
plans faltered after its debt offer was cancelled due to
"unfavourable market conditions".