Business & financial

Avon Products Q1 results

Avon Products Q1 results

By Deanna Utroske

The company made its first quarterly financial report today since having sold the North American business to Cerberus Capital Management.

Johnson & Johnson to acquire NeoStrata

Johnson & Johnson to acquire NeoStrata

By Deanna Utroske

The deal, announced just this week, will give J&J a stronger position in the skin care category, particularly the anti-aging segment.

L’Oréal sees developed markets hold up in Q1 sales

L’Oréal sees developed markets hold up in Q1 sales

By Andrew MCDOUGALL

L’Oréal saw its Group sales rise 1.8% for the first quarter 2016 to €6.55 billion, thanks to gains made in Western Europe and North America offsetting difficulties encountered in some emrging markets due to the strengthening euro.

Estée Lauder announces new EMEA boss amidst leadership changes

Estée Lauder announces new EMEA boss amidst leadership changes

By Andrew MCDOUGALL

The Estée Lauder Companies has announced a number of leadership appointments and changes, including Peter Jueptner taking the reins as President, Europe, the Middle East and Africa (EMEA), with the target of growing the cosmetics firm’s business further.

Is Procter & Gamble well on the road to recovery?

Is Procter & Gamble well on the road to recovery?

By Simon Pitman

A Wall Street analyst’s positive note on Procter & Gamble’s outlook has sent share prices upwards and could be one of the first signs the business is really back on track.

IMCD establishes a new office in Japan

IMCD establishes a new office in Japan

By Simon Pitman

Holland-based fine chemicals distributor IMCD has expanded its position in the Asia Pacific region with the opening of an office in Tokyo, Japan.

L’Oréal announces Alexandre Popoff to take on MEA responsibilities

L’Oréal announces Alexandre Popoff to take on MEA responsibilities

By Andrew MCDOUGALL

The beauty behemoth announces that Alexandre Popoff will add the company’s Africa-Middle East zone to his responsibilities, taking over from Geoff Skingsley, who will be returning to his home country to be appointed Non- Executive Chairman of L’Oréal...

Revlon names Fabian Garcia as its CEO

People On The Move

Revlon names Fabian Garcia as its CEO

By Simon Pitman

Having spent a little over a month without a leader, the Revlon board of executives has announced that Fabian Garcia is making the jump from Colgate-Palmolive to become the new CEO and President.

Oriflame coming to US and Brazil

Oriflame coming to US and Brazil

By Deanna Utroske

The direct-sales beauty company is scouting out new growth markets and has plans to launch operations in both North and South America.

Inter Parfums results skip a beat

Inter Parfums results skip a beat

By Simon Pitman

Fourth quarter results for fragrance and luxury cosmetic player Inter Parfums missed the mark, with sales hit by currency translations and profits missing forecasts.

Avon shifts HQ to the UK, sheds 2,500 jobs

Avon shifts HQ to the UK, sheds 2,500 jobs

By Simon Pitman

Avon Products has confirmed that it is shifting its international headquarters to the UK and is to reduce its workforce by 2,500 as part of its transformation plan for the ailing business.

Dow – DuPont merger on course

Dow – DuPont merger on course

By Deanna Utroske

The two US chemical corporations jointly filed a preliminary registration statement with the Securities and Exchange Commission this month, outlining plans for leadership, work streams, synergies, and finance.

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