British health and beauty retailer Boots has announced that it is cutting 700 ‘non store-based’ jobs as part of a company shake-up; a decision it says it ‘does not take lightly’.
The US Stock Exchange Commission has confirmed that it is to sue the Bulgarian trader who filed fake documents purporting to a takeover bid for Avon Products.
L’Oréal has signed a license agreement with women’s wear brand Proenza Schouler for the creation and development of fine fragrances, as the fashion and perfume worlds meet once more.
Shiseido has confirmed it has signed an agreement with luxury fragrance house Burberry to distribute its colour cosmetics and fragrance products in Japan.
The Roundtable on Sustainable Palm Oil (RSPO) has completed the process to become an ISEAL full member in a move which it hopes will speed up the progress of making sustainable palm oil use the norm.
German perfume retailer Douglas is to be acquired by private equity firm CVC Capital Partners for an undisclosed amount just days after announcing plans for an initial public offering (IPO).
Crabtree & Evelyn is looking to increase its global visibility by expanding into the hotel amenities business partnering with renowned distributor Sysco Guest Supply.
Ingredients player Symrise has opened up a new production facility in the Amazon region of Brazil, with the aim of sourcing natural ingredients for its global beauty care business.
L’Oréal is using its latest digital strategy as it looks to achieve the Group’s target of acquiring a billion new consumers, with millennials and ‘connected consumers’ the main focus.
The company deliberately employs a staff with an array of backgrounds—Chinese, Malay, Indian Japanese and more—at the Biopolis research and development center in Singapore.
Unilever is looking to expand its personal care presence in the Middle East and North Africa region with a new €75 million facility in Dubai which will generate around 600 new jobs.
L’Oréal CEO Jean-Paul Agon says that performance and responsibility go ‘hand-in-hand’ as the French firm commits to contributing to deploying a low-carbon solutions and tackle the risks of climate change.
Following the 2011 acquisition of Active Organics, Lubrizol says it has now integrated the brand into its Lipotec umbrella of brands with immediate effect.
Saving the planet can also save companies a lot of money too demonstrated by Unilever’s win-win example of saving 1 million tonnes of CO2 whilst also making cost savings of €244 million at the same time.
The big news last week was a fictional private equity company that filed an SEC document claiming it was about to buy up struggling Avon Products. But what few people expected was positive repercussions.
L’Oreal is deploying its ‘Share & Care Program’ in the 68 countries where it is present, as it looks to achieve goals for best social practice for its workers and ensure they all have access to health and welfare benefits.
German manufacturer Henkel posted good results for the first quarter 2015 but admitted that things were still to pick up in Western Europe whilst the situation in Russia and the Ukraine is still expected to have an effect on earnings.
Unilever has continued its skin care march by acquiring independent prestige brand, Kate Somerville Skincare, as it looks to crack the dermocosmetic segment of the category.
One year on and fragrance player Coty has turned a big loss in the third quarter of last year into a profit, thanks to a focus on its key brands and cost-cutting measures.
Cosmetics maker Oriflame has faced a challenging 12 months with a Russian tax probe taking its toll at the end of 2014, and now a slowdown in sales in the country has also seen profits drop too.
Beiersdorf has appointed former Colgate-Palmolive finance director Jesper Andersen as its new CFO, taking over from the retiring Ulrich Schmidt in September.
Awards season is not over and Mibelle Biochemistry, Henkel, Oat Cosmetics and Prolabin & Tefram all took home top prizes at the BSB Innovation Awards held in Hamburg.
Lawyers in Australia confirm that, as a type of intellectual property, natural ingredients and formulations make up the single largest cosmetics category being granted the legal protection.
Financial investors service Moody’s has downgraded its rating for Avon for the second time in less than a year following weak financial results published last week.
Revlon has increased its global footprint with the acquisition of UK fragrance management company CBBeauty, which also includes distributor SAS & Company.
Swedish manufacturer Oriflame Cosmetics has signed a new €110m Revolving Credit Facility replacing the existing €330m facility, and has adjusted its reduced debt levels accordingly.
Avon Products reported sales down 18% to $1.8bn for its first quarter, a figure that resulted from the double impact of currency headwinds and weak North American sales.
Following the roll out of natural male skin care range, Bulldog in Korea in 2013, Cosmetics Design caught up with founder Simon Duffy to discuss the challenge of the expansion and how men have reacted to the UK brand.
Estée Lauder was powering ahead of its competitors with breakneck speed until recently, but an analyst’s note underlines the need to spend more on promotional activities to secure a return to growth.
Inter Parfums has become the latest in an increasingly long list of cosmetic players that have been hard hit by the continued buoyancy of the US dollar against international currencies.
After recent reports suggest that Procter & Gamble may sell off a number of its beauty brands, with Unilever, Henkel and Coty waiting in the wings, market researcher Kline says it could represent a great opportunity for potential buyers.
L’Oréal has announced that in the space of ten years it has been able to cut half of its CO2 emissions from its production and that its Sharing Beauty with All programme is on track for further progression.
The weak euro provided a ‘very positive currency impact’ for L’Oréal’s first quarter sales after the market slowed in Europe, with acceleration expected later in the year.
As part of its ‘Beauty For All’ commitment, L’Oréal Russia has become the first company in the country to be certified with the Economic Dividends for Gender Equality (EDGE) global standard for workplace gender equality.
Improving sales in a number of markets, including the US and China, has given Anglo-Dutch consumer giant Unilever a boost with improved results for the first quarter of 2015; and there is still room for further improvement in Personal Care.
Last year was all about progress and transformation for L’Oréal and the world’s largest cosmetics company still has to adapt to the rapidly changing environment, according to its CEO Jean-Paul Agon.
More news coming from Inter Parfums’ French subsidiary after it entered into an 11-year exclusive worldwide fragrance license agreement with New York design house, Coach, after it decided not to renew with its current partner, Estee Lauder, whose deal...
Sustainable development is a concept that many in the industry are concentrating on and facing challenges with, and L’Oréal believes that it is actually an opportunity for innovation for ingredients and products.
Procter & Gamble has got the sale of a large number of its smaller or less profitable brands well under way, according to individuals who are involved with the business.
Henkel has been awarded for its successful sustainability strategy after being ranked number one in the Household & Personal Products category by Oekom Research as the rating agency published an interim update after adjusting its criteria at the end...
L’Oreal Paris has been named the most powerful and valuable cosmetics brand by strategy consultancy Brand Finance, and its study has also highlighted positives for the Procter & Gamble brands, whilst it is bad news for Avon.
In a move which confirms brands are responding to the beauty category’s potential in the country, consumer goods giant Unilever has relaunched its Lux personal care brand in Nigeria.
The Best Ingredient and Green Ingredient Awards are to be announced in a week’s time at the in-cosmetics event in Barcelona, and as the build-up begins, the finalists have been announced…
Coty has completed its' acquisition of Bourjois from Chanel for what it reports as a consideration of 15.43 million shares of Coty’s Class A Common Stock.
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