Business & financial

P&G targets a 30% reduction in greenhouse gas emissions

P&G targets a 30% reduction in greenhouse gas emissions

By Simon Pitman

Procter & Gamble is aiming to raise the bar on its sustainability profile after announcing ambitious plans to reduce greenhouse gas emissions from its production facilities by 30% by the year 2020.

Colombia turns to the cosmetics industry to help diversify the economy

Country Profile: Colombia

Colombia turns to the cosmetics industry to help diversify the economy

By Simon Pitman

Too much focus on energy and commodities has left the Colombian economy vulnerable to global economic cycles. But with a renewed emphasis on diversification, the country’s cosmetics and personal care sector is in the spotlight.

Frutarom makes 10th acquisition of the year and hints at more…

Frutarom makes 10th acquisition of the year and hints at more…

By Andrew MCDOUGALL

Ingredient supplier Frutarom has kept its acquisition momentum up with its 10th of the year, having purchased 79% of the shares of the Spanish company Nutrafur, who specialise in the research and development and manufacture of speciality natural plant...

Natura carves out a piece of the pie in Colombia

Country Profile: Colombia

Natura carves out a piece of the pie in Colombia

By Simon Pitman

In just a few years Brazil-based Natura has risen from nothing to become a major cosmetics player in the Colombian market. Here, Natura’s head of the Colombian operations tells the story.

All systems are go for the Colombian cosmetics industry

Country Profile: Colombia

All systems are go for the Colombian cosmetics industry

By Simon Pitman

In the first in a series of articles focusing on the cosmetics industry in Colombia, we look at how, after years of improved political stability and economic growth, the country is now emerging as an increasingly important player in the industry.

DSM to make organisational changes to adapt to global market

DSM to make organisational changes to adapt to global market

By Andrew MCDOUGALL

Royal DSM announces that it is making adjustments to its organisational and operating model as it looks to create a more focused and cost efficient organisation, with a clearer market focus on a global scale; but this will mean job losses.

P&G: tough times, lower spending, new era

P&G: tough times, lower spending, new era

By Simon Pitman

Procter & Gamble is on course to emerge as a leaner and probably healthier business in the wake of selling off a $12.5 billion slice of its fragrance and cosmetics business to Coty.

Estee Lauder hit with skin care slump

Estee Lauder hit with skin care slump

By Andrew MCDOUGALL

Estee Lauder saw sales and earnings drop in the fourth quarter mainly due to a big drop in skin care as some of its heritage brands come up against big challenges attracting consumers.

Oriflame profits dip but performance beats expectations

Oriflame profits dip but performance beats expectations

By Andrew MCDOUGALL

Oriflame reports better-than-expected second quarter earnings with sales rising 4% in the third quarter so far too, thanks to successes in Latin America, Turkey, Africa and Asia as the company still contends with a tough climate in Russia and Ukraine.

Next Top Model catapultes 'Works with Water' into Asia

Next Top Model catapultes 'Works with Water' into Asia

By Michelle Yeomans

Having secured a strong following of Chinese consumers in the UK, supplement supplier 'Works with Water' Nutraceuticals has been selected to sponsor the fifth series of TV show China's Next Top Model.

Beiersdorf posts positive results despite Western Europe dip

Beiersdorf posts positive results despite Western Europe dip

By Andrew MCDOUGALL

Beiersdorf has continued on its positive growth path thanks to the weak euro’s current situation, lower costs, and rising sales of Nivea and Eucerin products; although it remains cautious after business slowed in the first half of the year in the Western...

Evonik expands global cosmetics R&D focus

Evonik expands global cosmetics R&D focus

By Andrew MCDOUGALL

Evonik has made moves to globalise its research and development venture for the cosmetic industry with the opening of new facilities in South Africa, Singapore, and Brazil.

Brand divestment and new CEO signal P&G’s focus shift away from Beauty

Analysis from Euromonitor

Brand divestment and new CEO signal P&G’s focus shift away from Beauty

By Andrew MCDOUGALL

It has been a busy time for Procter & Gamble with the brand divestment to Coty and the announcement of its new CEO and this all acts as evidence that the company is shifting its focus away from Beauty, according to market research firm Euromonitor...

Avon results continue to be hit by a strong US dollar

Avon results continue to be hit by a strong US dollar

By Simon Pitman

Avon Products revealed that revenues for the current quarter slipped by 17% as the company continues to do battle in the face of a strong US dollar that is impacting its international business.

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