Business & financial

Givaudan’s strong growth impacted by strength of Swiss currency

Givaudan’s strong growth impacted by strength of Swiss currency

By Simon Pitman

Switzerland-based fragrance and flavours player Givaudan says a particularly strong performance in its fragrance division has helped it to post six month results at well above the industry average, but the bottom line is hit by currency exchange.

ABT and Restorsea resolve legal dispute

ABT and Restorsea resolve legal dispute

By Andrew MCDOUGALL

The legal dispute between Aqua Bio Technology and Restorsea over the breach of a business contract has ended with both companies hoping to move on.

It's all over! L’Oreal drops World Cup Belgian model

It's all over! L’Oreal drops World Cup Belgian model

By Michelle Yeomans

The FIFA World Cup has come to an end. As has L’Oréal's partnership with Axelle Despiegelaere just weeks after the Belgian teen was offered a modelling contract when pictures of her cheering on her national team went viral.

China and South Korea edge forward with free trade talks

China and South Korea edge forward with free trade talks

By Simon Pitman

A visit by the Chinese President Xi Jinping to South Korea last week is expected to make further progress towards a free trade pact between the two countries that is likely to benefit the cosmetics and personal care sectors.

Symrise secures finance for Diana acquisition with €500 million bond

Symrise secures finance for Diana acquisition with €500 million bond

By Lucy Whitehouse

German scents and flavours group Symrise is now all set to buy France's Diana Group, having successfully issued a bond, whose €500 million value as part of a ‘comprehensive financing concept’ means the company’s finances are now in shape for the...

Argan oil boosting Morocco’s economy

Argan oil boosting Morocco’s economy

By Lucy Whitehouse

With Argan oil a key ingredient in many products in the continually growing natural cosmetics segment, Morocco’s economy is enjoying a boost from strong sales of the raw ingredient.

L'Oreal France chief details positive Cosmetics Europe outlook

Talks with the top: Loïc Armand details his positive cosmetics outlook

By Andrew MCDOUGALL

As Cosmetics Europe announced that President of L’Oréal France, Loïc Armand, will take the reins as its President for the 2014 -2016 term, CosmeticsDesign-Europe.com was given an exclusive interview with the new boss - and his outlook is very positive.

AAK invests in innovation lab in San Jose

AAK invests in innovation lab in San Jose

By Michelle Yeomans

AAK has opened a new Personal Care Innovation Lab in San Jose, which the company say is designed to support growing demand for highly functional natural products. 

Givaudan launches charitable foundation

Givaudan launches charitable foundation

By Lucy Whitehouse

Givaudan, a key player in the fragrance and flavour sector, has announced the creation of the Givaudan Foundation, which it notes is aimed at reinforcing its commitment to charitable causes, and its involvement in the communities in which it operates. 

Givaudan’s acquisition of Soliance 100% complete

Givaudan’s acquisition of Soliance 100% complete

By Andrew MCDOUGALL

Swiss perfumer Givaudan announces that it has acquired 100% of the shares of Soliance SA and its subsidiaries, as it looks to strengthen its process development and research capabilities, particularly in the cosmetics sector.

L’Oreal investing big in R&D in Nigeria

L’Oreal investing big in R&D in Nigeria

By Lucy Whitehouse

Speaking at the recent Nigerian Retail Transformation Conference, the managing director of L’Oreal Central West Africa announced the company has invested “over 800 million euros” in research and development in the region.

L'Oreal CMO Marc Speichert joins Google

Search over: Google hires L’Oréal marketing guru

By Andrew MCDOUGALL

Search engine giant Google has turned to the marketing success of beauty behemoth L’Oréal in its search for the top marketing talent, announcing the arrival of Marc Speichert.

Beauty using big data to identify new markets

Beauty using big data to identify new markets

By Lucy Whitehouse

Cosmetics brand Charlotte Tilbury is using e-commerce data to identify lucrative new markets, in a move which profits from the huge potential offered to beauty brands by big data.

Naturex talks investment in purification technologies

Naturex talks investment in purification technologies

By Michelle Yeomans

On giving Cosmetics Design a preview of its newest portfolio 'NATpurity', we sat down with Naturex to discuss the brand’s investment in upgrading its' expertise through technologies at its France based facility.

Unilever’s Lynx pays up for using peace logo

Unilever’s Lynx pays up for using peace logo

By Lucy Whitehouse

Unilever has given an undisclosed sum to the Campaign for Nuclear Disarmament, in response to the complaint made by the protest group that the use of its peace logo in Lynx promotional materials was “a flagrant co-opting of decades of activism”. 

Coty and Avon now united in Brazil

Coty and Avon now united in Brazil

By Lucy Whitehouse

Following earlier announcements that such a deal was in the making, a partnership in Brazil between Coty and Avon has now been officially signed. 

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