Business & financial

Novacap acquires specialty chemicals player Chemoxy

Novacap acquires specialty chemicals player Chemoxy

By Lucy Whitehouse

Novacap, a worldwide player in the pharmaceutical and chemical industries, announced today that it has signed an agreement to acquire Chemoxy International Ltd, a leading contract manufacturer for specialty chemicals and environmentally friendly solvents.

Unilever is keeping ahead of its markets

Unilever is keeping ahead of its markets

By Lucy Whitehouse

In its half-year results, Unilever has revealed that it is enjoying profitable growth, keeping it ahead of its market with its profits jumping by a fifth.

BWX Limited acquires Mineral Fusion Natural Brands

BWX Limited acquires Mineral Fusion Natural Brands

By Deanna Utroske

The natural personal care and cosmetics brand was previously owned by private equity firm North Castle Partners. That firm often partners with beauty and currently owns the Palladio Beauty Group and Red Door Spas.

Symrise climate strategy wins external approval

Symrise climate strategy wins external approval

By Lucy Whitehouse

The Science Based Targets initiative, organised by various climate and environmental groups and watchdogs, has approved Symrise’s climate strategy, which includes the target of reducing carbon emissions by 17.5% by 2030.

Mary Kay’s newest market is Peru

Mary Kay’s newest market is Peru

By Deanna Utroske

The direst-sales cosmetics and personal care company announced late last week the addition of another Latin American country to its territory. As competitor brands in the channel leverage various strategies to gain new relevance in the global market place,...

Avon Products says this is the last leadership change, for now

Avon Products says this is the last leadership change, for now

By Deanna Utroske

This week the direct sales beauty company announced the appointment of a new chief operating officer. And in making the announcement, Avon Products assured investors, the industry, and the public that the company is now moving full speed ahead toward...

Hourglass will become Unilever’s first color cosmetics brand

Hourglass will become Unilever’s first color cosmetics brand

By Deanna Utroske

The personal care company announced on Tuesday that a deal has been struck to acquire the makeup brand Hourglass. It’s the latest in a string of Unilever acquisitions to bring prestige personal care and beauty brands onboard.  

Is Sheri McCoy on the verge of retiring from Avon?

Is Sheri McCoy on the verge of retiring from Avon?

By Deanna Utroske

Several reputable business news outlets are speculating as much based on an item that ran in the Wall Street Journal yesterday. The direct-sales beauty company certainly has had its share of leadership changes lately, including the appointment of a new...

A new president for Avon Products

A new president for Avon Products

By Deanna Utroske

At the start of 2017 the direct sales beauty company moved its global business offices from the US to the UK. And in the intervening months there have been several leadership changes at Avon Products. Now, John Higson is retiring and a new global president...

The strategy behind Natura’s offer to acquire The Body Shop

The strategy behind Natura’s offer to acquire The Body Shop

By Deanna Utroske

The Brazilian personal care and cosmetics manufacturer has been keeping its investors up to date on the reasoning and planning behind the company’s proposal to buy The Body Shop from L’Oréal.  For Natura, the brand aligns well with its existing portfolio...

L Catterton invests nearly $30 million in Il Makiage

L Catterton invests nearly $30 million in Il Makiage

By Deanna Utroske

The prestige, professional color cosmetics brand announced this month that the private equity firm L Catterton has made a large capital investment that will allow the makeup brand to expand quickly in the US.

Coptis unveils new Asia-Pacific subsidiary

Coptis unveils new Asia-Pacific subsidiary

By Natasha Spencer

The US and Europe-based cosmetics R&D software provider, Coptis, opens its new Asia-Pacific (APAC) subsidiary to gain access to and penetrate the Eastern marketplace.

Beauty and wellness company PDC Brands is being sold

Beauty and wellness company PDC Brands is being sold

By Deanna Utroske

The private investment firm Yellow Woods currently owns PDC and its many mass-market hair, cosmetics, fragrance, and body care brands. This month a new firm announced plans to buy PDC, a deal that will likely close by the 30th.

Sulwhasoo to open first Paris store

Sulwhasoo prepares to open first Paris store

By Natasha Spencer

AmorePacific-owned Sulwhasoo enters the Parisian marketplace by getting ready to exclusively launch at Galeries Lafayette in Paris, France, in September 2017.

Dr. Straetmans GmbH acquired by Evonik

Dr. Straetmans GmbH acquired by Evonik

By Lucy Whitehouse

Evonik has acquired Hamburg-based cosmetics ingredients manufacturer Dr Straetmans GmbH for reportedly just under 100 million euros ($107 million).

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