The rise of apps and websites linking consumers with beauty services has been on the rise globally in the past few years: a recent London acquisition suggests the UK market is no exception to the trend.
Japanese multinational Shiseido announced steady sales and a big increase in profits for the first half of its financial years, but cuts its forecasts on the back of restructuring and currency exchange.
Inter Parfums recently announced its second quarter results, and the global fragrance company says its performance in Europe has been lead by its leading Montblanc brand.
Personal care giant Unilever’s various growth strategies are enjoying positive results, according to a new company profile from Euromonitor. We take a look at what it’s getting right.
The iconic beauty subscription box company recently raised significant new financing and is looking to turn its cosmetics and personal care business around in the near future.
German personal care company Beiersdorf has registered a 2.8% organic increase in sales in the first six months of this year, according to its half-year results.
Ghana, described as one of Euromonitor’s ‘Markets of the Future’, looks to be making strides in developing its beauty and personal care market with the launch of new industry awards.
Despite the economic slowdown in China, L’Oréal’s performance in the country continues to go from strength to strength as the product innovation pipeline is maintained.
Market research firm BNZ has revealed that New Zealand shoppers have been quick to take advantage of the fallout from the recent Brexit vote, with online retail overall in the country up 10% in June.
Although the cosmetics giant posted strong like-for-like results, on a reported basis the company’s second quarter performance shows a big impact from a weakened Euro.
A strong performance from cosmetics and fragrances, as well as retail division Sephora, helped buoy group sales that have been hit by poorer sales in the domestic market, France.
The appointment won’t take effect until later this year, once the Coty P&G deal is formally closed. Fittingly, the new executive has experience integrating acquisitions in and beyond the US.
Chinese consumers are still keen to spend on beauty in China, according to newly released research from Mintel, with the majority of those surveyed stating they spent more on facial skin care in 2015 compared to 2014.
Personal care giant, Procter & Gamble says it is “fully cooperating” with Italian authorities who are reportedly investigating whether the brand has avoided paying taxes in the country.
Friday afternoon, the self-proclaimed world’s leading beauty company announced the signing of a deal to purchase skin care and makeup brand IT Cosmetics for over $1bn — validation of IT Cosmetics’ hard-earned reputation for innovation and consumer loyalty.
The Anglo-Dutch consumer goods giant has expanded its footprint in the men’s grooming space with the acquisition of Dollar Shave Club, one of the fastest growing personal care businesses in North America.
The quarter ended for Revlon at the end of last month and the company will hold its official results call at the end of next week; in the meantime, some of the numbers look good.
Walgreens Boots Alliance, pharmacy-led health and beauty player, has entered into a franchise partnership that will see it enter South Korea through the country’s number one hypermarket retailer.
Rituals has made a bold move into the UK market with the mooted opening of a flagship concept in the upmarket retail area of High Street Kensington, in West London.
Sephora has invested in a regional hub in Poland where it has introduced a new distribution model for both bricks and clicks, a system it aims to extend to other Eastern European countries in the future.
The world’s biggest cosmetics company has confirmed that it is going ahead with the acquisition of a tiny France-based skin player with a very long name.
LVMH Moet Hennessy Louis Vuitton is taking the plunge into the innovative and fast-growing South Korean cosmetics industry by investing $50m (€45m) in CLIO Co.
During last month’s Annual General Meeting board members of niche luxury goods player Art & Fragrance agreed to rename the company Lalique Group and divide off its fragrance and cosmetics business.
Switzerland-based injection moulding specialist Sulzer has doubled the size of its operations in this area with the acquisition of cosmetics packaging provider Geka.
For the first time, under the new arrangement, BASF will have a dedicated global pigments team serving the cosmetics industry. The idea behind the new brand is that all industry customers have a single pigment solution source.
L’Oréal says it has signed an agreement to acquire prestige fragrance player Aletier Cologne, a niche player that is only found in selective retail outlets.
India-based RPG Life Sciences has partnered with Italian cosmetics player Labo Cosophar in a bid to enter the fast-growing cosmetics category in India.
Not to be left out of the M&A game this summer, Beautycounter posted news of the acquisition on its Instagram page yesterday evening, saying “and the Beautycounter family just got a little bigger. Welcome, NUDE Skincare! #saferbeauty #betterbeauty.”
According to a new study by Cosmetics Europe, the contribution of the cosmetics industry to the socio-economic landscape throughout Europe is wide-reaching and has significant impact.
As the EU Referendum draws closer, many UK small and medium-sized cosmetics company owners are still unclear as to how leaving or staying in the EU will affect their businesses.
The multinational beauty company announced a CRO role for its Montreal-based L'Oréal Canada subsidiary this month. The new executive will lead retail strategy and customer experience for the company’s branded boutiques and shops.
As part of its efforts to reduce the company’s overall carbon footprint, L’Oréal has given its backing to a programme focused on developing the first bio-isobutene plant.
Workers at an Avon manufacturing facility situated near Istanbul in Turkey have been protesting against alleged discrimination in pay for different types of employees.
After 12 years as chairman of the board for the multinational consumer goods company, A.G. Lafley is leaving the post again. His successor will take over next month, and P&G hopes things move ahead smoothly.
Consumer goods multinational P&G has been stabilising its performance in India, enjoying double digit growth across both its Hygiene and Healthcare and its Gillette portfolios in recent months.
The rise of the African middle class is key to higher consumer spend for fast moving consumer goods, and L’Oreal’s designs on the continent are all about this.
It’s all about organic beauty these days, and UK investment firm Permira is buying into the trend, having acquired a majority stake in John Masters Organics (JMO).
Shiseido, Japan-headquartered beauty giant, has announced that its strategy for innovation going forward will be structured around a ‘hub-and-spoke’ system, as it turns towards fully global R&D.
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