5 business and financial updates for beauty in Europe: December

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Discover the latest need-to-know business updates from major players in European beauty in this Editor’s Spotlight: from details on Unilever’s CEO change to L’Oréal’s recent exec appointments.

5. Unilever’s next CEO is current president of beauty and personal care

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Alan Jope will take over as CEO of Unilever in the New Year, following nearly five years as president of the company’s beauty and personal care business.

He has overseen a dynamic shift in the business unit to focus on acquisitions and looks set to bring this energy to the CEO role. Discover our full report here

4. Symrise freshens up its online image

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The Germany-based ingredients and fragrance player has undertaken a complete redesign and relaunch of its website.

“Many people hear about us for the first time when we speak to them. We want to change that​,” said Reinhard Mühe, Director Corporate Communications Online & Digital Media at Symrise.  

“We demonstrate online how fascinating and inspiring the worlds of scent & care and taste & nutrition are. Our website has a fresher, more emotional look with more visuals.”

Read our full report here.

3. Lesaffre confirms acquisition of biotech firm Gnosis

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Yeast and fermentation global specialists Lesaffre has confirmed the full acquisition of Italian biotech company Gnosis, which specialises in fermentation derived ingredient and finished products.

Lesaffre first acquired a majority shareholding in the Gnosis business three years ago, but has now built on that with the full acquisition of the company. Discover our full report here.

2. L'Oréal makes key executive appointments

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L'Oréal has announced a number of new executive appointments, including the position of chief financial officer, and a new head of the company’s Luxe division.

Find out who’s who in our report here

1. Unilever and Bio-on to use biotech to produce microplastics

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Unilever, has joined forces with Italian bioplastic specialists, Bio-On to improve the personal care sector's impact on the environment.

Working together, Unilever and Bio-On will use patented bio-technologies for natural, biodegradable microplastics production. Discover our full report here