Business & financial

Estee reportedly “in talks” to purchase Butter London

Estee reportedly “in talks” to purchase Butter London

By Chris BARKER

Beauty giant Estee Lauder is reportedly “in early talks” to purchase beauty brand Butter London, according to a report by Women’s Wear Daily, in a move which could significantly boost Estee’s expertise in colour cosmetics.  

Prada files fragrance lawsuit

Prada sues for trademark infringement

By Michelle Yeomans

The luxury house has filed suit against a Brooklyn-based knock off scents manufacturer as it believes it has violated the copyright of its' ‘Prada Candy’ fragrance.

Colep invests in Middle Eastern aerosol operations

Colep invests in Middle Eastern aerosol operations

By Michelle Yeomans

The consumer packaging manufacturer has collaborated with United Arab Emirates based company, Scitra in a bid to cater to the high demand for aerosols in the region by ultimately establishing a closer relationship with these markets.

Estée Lauder chief expects holiday hike in sales

Estée Lauder chief expects holiday hike in sales

By Andrew MCDOUGALL

Estée Lauder CEO and president Fabrizio Freda believes that despite a recent slowdown in department store sales for mainstream brands such as Clinique, the market will pick up again as the holiday season approaches.

Clariant opens new R&D hub in Frankfurt

Clariant's innovation center to 'open up new dimension in R&D'

By Michelle Yeomans

The global specialty chemicals supplier has officially opened the doors of its €100 million Innovation Center in Frankfurt, a facility the company’s CEO says will help to open up a new dimension in the way Clariant connects its R&D departments.

Shiseido targets Middle East with joint venture

Shiseido targets Middle East with joint venture

By Andrew MCDOUGALL

Japanese cosmo-giant Shiseido is planning to expand its coverage in Middle East countries by forming a joint venture by the end of the year that will be based in Dubai.

Unilever collaborates with Ioma

Unilever invests in skin care device area

By Michelle Yeomans

The personal care giant has ventured into the skin care device segment by investing a stake in French cosmetic brand ioma, whose expertise lies in analysing the condition of the skin and developing appropriate treatment devices to cater to the result.

UPDATE: Revlon now threatening legal action against NGOs

UPDATE: Revlon now threatening legal action against NGOs

By Michelle Yeomans

Revlon has now threatened legal action against three U.S. NGOs less than a week after speaking out against campaigns it felt were misleading in urging it to stop using certain cancer linked chemicals.

L'Oreal / Nestle shares

UPDATE: L’Oreal's CEO reveals brand is looking at all scenarios

By Michelle Yeomans

The future of Nestle’s 29% stake in L’Oreal has been a hot topic of late, with various industry analysts weighing in on potential scenarios. Now CEO Jean-Paul Agon speaks out on the matter, revealing that whilst Nestle is in ‘control’, the cosmetics company...

L’Oréal announces latest sustainability plan

L’Oréal announces latest sustainability plan

By Andrew MCDOUGALL

L’Oréal announces it has made a commitment to transform its sustainability footprint by 2020 whilst at the same time, looking to achieve its business ambitions and reach a billion new consumers.

Unilever invests in a female workforce for the future

Unilever invests in a female workforce for the future

By Chris BARKER

Global consumer goods company Unilever have been honoured with the 2013 award for Corporate Empowerment for Women, reflecting the manufacturer’s extensive investment in creating diversity in the workforce.

Unilever sees sales slow but insists form is temporary

Unilever sees sales slow but insists form is temporary

By Andrew MCDOUGALL

Anglo-Dutch consumer goods firm Unilever has seen its sales growth slow due to currency weakness in emerging markets, but insists that this is only a temporary issue and that things will pick up again.

Oriflame further invests in stem cell technology field

Oriflame further invests in stem cell technology field

By Michelle Yeomans

The Sweden-based cosmetic company has invested in a new plant that will solely focus on the cultivation of plant stem cell cultures as it further aims to develop stronger anti-ageing ingredients that can boost and rejuvenate the skin.

Douglas to purchase Nocibe in €500m deal

Douglas to purchase Nocibe in €500m deal

By Chris BARKER

German retailer Douglas is in exclusive talks to purchase French competitor Nocibe, a deal which would make it the second largest fragrance retailer in the country.

Avon to close all French operations

Avon to close all French operations

By Chris BARKER

US cosmetics giant Avon has announced that it will close down all of its French operations at the end of this month as the result of declining sales and consistent operating losses.

Thomas Samson/AFP/Getty Images

Sarkozy/ L’Oreal corruption case dropped

By Michelle Yeomans

French magistrates have dropped their investigation into charges that the former French President had manipulated extracting campaign pledges from L'Oréal heiress Liliane Bettencourt back in 2007.

Antilope Cardboard wins cosmetics ECMA award

Antilope Cardboard wins cosmetics ECMA award

Belgium packaging manufacturer Antilope Cardboard, a division of the Antilope graphical media group, has won an ECMA award for their innovative perfume packaging design.

Euromonitor gives insight on Nestlé / L'Oreal stake

Euromonitor gives insight on Nestlé / L'Oreal stake

By Michelle Yeomans

As Nestlé investors meet at its headquarters for a seminar today, what the company plans to do with its' L’Oreal stake will, without doubt, still be at the forefront of minds. Here, Euromonitor reveals why the sale could potentially happen...

EU addresses innovation constraints

EU addresses innovation constraints

By Michelle Yeomans

At JRC's most recent conference on 'Corporate R&D and Innovation' (CONCORDi), experts revealed the interaction between financial constraints and innovation is bi-directional, and that as a result, firms “successful innovative activities...

BYK expand Wesel management team

BYK expand Wesel management team

Cosmetic additives company BYK has expanded their Wesel management team with the addition of Frank B.J. Wright, a former MD at Rockwood Holdings.

Croda acquires Sipo to boost emerging market expansion

Croda acquires Sipo to boost emerging market expansion

By Andrew MCDOUGALL

Ingredients player Croda has received regulatory approval from Chinese authorities to acquire a majority stake in Sichuan Sipo Chemical, as it looks to boost its presence in Asia and other emerging markets.

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