Natura & Co and L’Oréal are two of the top 10 most inclusive and diverse publicly traded companies worldwide in 2020, according to financial market insights firm Refinitiv.
With sales down nearly 40% year-over-year, the perfume manufacturer updated its 2020 financial guidance this month and shared insight into the company’s holiday expectations and ambitious plans for 2021.
Personal care major Johnson & Johnson has outlined a range of measures in its ‘healthy lives mission’ program that aim to boost sustainability and improve the health of consumers over the next ten years.
New Zealand’s natural skincare beauty company Antipodes has signed a new distribution agreement with French distributor Eoyls Beaute, to expand into the pharmacy channel in the country.
UK cosmetics brand Charlotte Tilbury has deployed Google Cloud’s business intelligence and analytics platform Looker to accelerate omnichannel growth and support consumer-led innovation.
Asia-Pacific beauty retail major A.S. Watson Group is primed to expand into Gulf Cooperation Council countries under an exclusive franchise agreement with regional conglomerate Al-Futtaim.
Gelatine trade associations from four continents have formed a new global organisation that aims to boost consumer awareness of gelatine’s role in nutraceuticals, joint health and cosmetic applications.
Cannabidiol (CBD) has gained huge interest recently across the beauty world, but there continues to be serious issues with mislabelling and dishonest brand positioning, says the founder of Moia Elixirs.
The UK cosmetics and toiletries sector will see a €1.8bn (£1.7bn) value decline in 2020, after a tough year largely defined by the ongoing coronavirus (COVID-19) crisis. But growth will return in 2021 with the right investments, says GlobalData.
German personal care major Beiersdorf is working to strengthen its skin care portfolio and tap into the massive potential it sees in China’s competitive personal care market.
Paris-based personalised perfume workshop The Alchemist Atelier has already expanded into several European countries online and is now exploring options for a physical footprint push, its CEO says.
UK specialist retailer The Perfume Shop says sales of new launches are up thanks to its virtual shopping platform that has proved especially popular through the ongoing COVID-19 crisis.
International skin care major Beiersdorf has reported a sales drop for the first half (H1) of 2020, with luxury brand La Prairie especially hard-hit by COVID-19 whilst its derma brands defied the crisis.
Personal care giant Colgate-Palmolive has reported a continued sales rise for the second quarter of 2020, driven largely by a strong performance in North America and increased demand for liquid hand soaps.
Indie men’s grooming brand Heath has secured a listing in UK retailer Boots as part of a wider national strategy to expand its range of skin care for the modern urban man.
Procter & Gamble (P&G) has reported a net sales rise for the 2020 full fiscal year after a strong fourth quarter – results that indicate the company should continue to grow despite COVID-19, its CEO says.
International beauty major L’Oréal has reported a sales drop across its entire business for the first half (H1) of 2020, but its CEO says the company has shown resilience in a challenging time, particularly through e-commerce.
L’Occitane Group believes the long-term success of its online and omnichannel initiatives still rely on the presence of brick-and-mortar stores, despite sales being hit during the COVID-19 pandemic.
Personal care major Unilever has reported a slight dip in total net sales for the first half of 2020 but a 10% surge in net income, largely driven by a strong performance across its hygiene business.
Personal care major Johnson & Johnson has reported a sharp drop in net earnings across its global business for the second quarter of 2020 and a dip in sales across consumer health due to COVID-19.
International beauty major L’Oréal will shut down its facial care brushes business Clarisonic to refocus and invest new product development efforts into own-brand devices.
IOFI and IFRA, the industry bodies for the flavour and fragrance sector, have launched a new Sustainability Charter. The sectorial approach ‘establishes a framework, sets a bar and raises everybody’, representatives from the two organisations tell us.
UK-based cannabidiol (CBD) beauty startup Kloris has secured its first nationwide retail launch through Boots, propelling it into the mainstream wellness market as it moves forward with European expansion efforts, its co-founder says.
Japanese male skin care brand Bulk Homme faces a more challenging European entry after delays and changes owing to the ongoing coronavirus (COVID-19) crisis, its chief global officer says.
On Wednesday, the fragrance maker announced having signed a strategic agreement with Divabox, the company that owns the Origines-parfums beauty ecommerce platform. It’s an investment deal that brings e-retail to Interparfums.
Coty’s move to acquire a 20% stake in Kim Kardashian West’s beauty line KKW will enable it to leverage the power and buzz of personality-driven cosmetics – especially important in the face of ongoing COVID-19 challenges, says GlobalData.
Following numerous postponements, Reed Exhibitions has announced in-cosmetics Global, in-cosmetics North America and in-cosmetics Latin America will no longer take place in 2020, setting 2021 dates for two of the shows.
Thanks to a deal with Amerikas Beauty Distribution Services, over 50 products from the personal care brand—known for formulas featuring propolis, honey, beeswax, royal jelly, and bee-pollinated plant extracts—will soon be available here in the States.
The long-read: In-depth on L’Oréal’s ‘For the Future’ 2030 Sustainability Plan
L’Oréal has outlined a range of sustainability measures in its ‘for the future’ program, including 2030 targets for all plastic packaging to be recycled or bio-based, all sites and centres to be carbon neutral and 95% of ingredients to be bio-based, derived...
Textured hair care specialist Mielle Organics has expanded into the UK and will build out European presence through a partnership with major online retailer Lookfantastic from September.
Elemis, PZ Cussons Beauty, Burt’s Bees, Nuxe, Revolution Beauty and By Terry have all partnered with The Hut Group’s tech division Ingenuity to launch or expand direct-to-consumer offerings.
After over a year of collaboration, L’OCCITANE Group has joined EcoVadis’ RBI to further ensure that the personal care and well-being products maker’s supply chain is more environmentally sustainable, ethical, and socially sound.
Personal care major Unilever will pool €1 billion into a dedicated fund to accelerate efforts to combat climate change and protect nature and has pledged to hit zero net emissions across all products by 2039.
CosmeticsDesign is launching a Clean & Ethical Beauty online video series this week, compiling the latest trends, data and expert opinions on how and why the business opportunities are evolving in this growing space.
Cosmetics major Lush will start reopening shuttered stores across England next week as coronavirus (COVID-19) restrictions ease, though business will look very different much like elsewhere in Europe.
SPECIAL EDITION: SUSTAINABLE SOURCING AND WASTE REDUCTION
Wild plants are used extensively in beauty and personal care formulations, but the conservation status of many species remains unknown so certification programmes offer real value in securing sustainable supply, says the FairWild Foundation.
Consumer goods major Unilever will unify its split Anglo-Dutch legal structure into a single parent company in the UK – a move set to future-proof business, especially important during COVID-19, its CEO says.
Spanish fashion and fragrance firm Puig will acquire a majority stake in Charlotte Tilbury – an interesting move given rumoured competition from Unilever, though one that makes a lot of sense given company strategies, according to market experts.
The ongoing novel coronavirus (COVID-19) pandemic has halted life as we know it, with beauty hit especially hard and forced to reassess how it can remain relevant. But some brands have continued with product development and launches – prepared...
Swiss fragrance major Firmenich has completed its acquisition of French plant ingredient specialist Les Dérives Résiniques et Terpéniques (DRT) and opened a third perfumery workshop as it pushes forward with its focus on naturals, renewables and sustainability.
French packaging major Albéa has completed the divestment of its dispensing systems, metal and Brazil businesses to US packaging firm Silgan, now refocusing on tubes, rigid cosmetic packaging and beauty solutions, its CEO says.
Global flavour and fragrance major Givaudan has completed the acquisition of Italian botanical specialist Indena and announced plans to acquire French biotech firm Alderys – all part of a wider drive to strengthen active beauty capabilities.
The European Organization of Cosmetic Ingredients Industries and Services (UNITIS) has called on tradeshow organisers to cancel all 2020 cosmetics events, stating a need to remain sensitive to the reality and constraints currently facing industry.
US beauty major Coty has announced the European expansion of Kylie Skin a year after its launch – part of a wider plan to build out Kylie Jenner’s beauty businesses into a global powerhouse brand.
The European Federation for Cosmetic Ingredients (EFfCI) has called on tradeshow and conference organisers to cancel any events this year, stating industry cannot work with so many in a short space of time and that its members do not feel confident it...
The ongoing coronavirus (COVID-19) pandemic has changed the face of beauty business as we know it, and a dig into the financials shows some majors and categories have weathered the storm better than others.
L’Occitane International is looking to boost development in the hand care category to keep up with demands generated by the novel coronavirus (COVID-19) outbreak.
The merger between International Flavors & Fragrances and DuPont Nutrition and Biosciences will be carved into four divisions, with ‘scent’ the most important for the beauty world.
Japanese cosmetics company Shiseido has announced new strategies to tackle impacts of the novel coronavirus (COVID-19) outbreak if the economy does not recover by early 2021.
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