Business & financial

Shiseido goes back to its roots with new HQ in Ginza district

Shiseido goes back to its roots with new HQ in Ginza district

By Andrew MCDOUGALL

Japanese cosmetics maker Shiseido has opened a new head office building in Tokyo to consolidate and streamline the company’s operations and enhance productivity, as well as becoming its hub for ‘new value creation’.

Euromonitor: P&G-Beiersdorf deal would complement both parties

Euromonitor: P&G-Beiersdorf deal would complement both parties

By Andrew MCDOUGALL

Market analyst Euromonitor believes that if Procter and Gamble and Beiersdorf were to strike a deal it would benefit both parties as the former’s skin care would receive a boost, and the latter would become more competitive.

L’Oréal confirms departure of Lancome president

L’Oréal confirms departure of Lancome president

By Andrew MCDOUGALL

The L’Oréal Group has announced that its Lancome brand president Youcef Nabi has resigned and whilst reports speculate over the reasons, there is no official statement from the cosmetics maker.

P&G and Beiersdorf – A potential match made in heaven?

P&G and Beiersdorf – A potential match made in heaven?

By Andrew MCDOUGALL

Could it be third time lucky? Rumours are flying around that consumer goods giants Procter & Gamble and Beiersdorf could be ready to strike a deal, having flirted before; despite the rumours being denied, we take a look at why the deal could make...

How L’Oréal evaluates its suppliers to stay ahead of the game

How L’Oréal evaluates its suppliers to stay ahead of the game

By Andrew MCDOUGALL

Being one of the biggest cosmetics companies in the world will always bring added pressure and scrutiny over everything it does, and for L’Oréal this means ensuring long-term, transparent relationships with high-quality suppliers.

Birchbox starts new chapter with new global brand identity

Birchbox starts new chapter with new global brand identity

By Andrew MCDOUGALL

Having cemented its position in the beauty box market, discovery retail firm Birchbox is not resting on its laurels, as it unveils its new global brand identity and website, in a bid to improve and strengthen customer experience and create a lifestyle...

Tate & Lyle acquires Swedish oat extract producer

Tate & Lyle acquires Swedish oat extract producer

By Simon Pitman

UK-based sugar giant Tate & Lyle has acquired Biovelop, a company that produces oat beta glucan, which is marketed as a natural ingredient called Avenacare to the cosmetics industry.

L’Oréal creates scientific advisory research & innovation board

L’Oréal creates scientific advisory research & innovation board

By Michelle Yeomans

The french firm has put together a Scientific Advisory Board composed of nine distinguished scientists from diverse disciplines and of varied nationalities, whose mission it will be to bring ideas to the table that relates to L’Oréal Research’s fields...

Safety - a little word with a big meaning for J&J

Safety - a little word with a big meaning for J&J

By Andrew MCDOUGALL

Having come under scrutiny over ingredients used in cosmetics and personal care products like many this past year, consumer goods giant Johnson & Johnson has reiterated its commitment to the science of safety and making products that pose no health...

E.F.E.O AGM to review on-going essential oil legislation

E.F.E.O AGM to review on-going essential oil legislation

By Michelle Yeomans

The European Federation of Essential Oils is set to hold its 10th annual general meeting which will bring EU professionals together to review on-going legislation and developments in the segment.

L’Oréal expansion in Sub-Saharan Africa another ‘good move’

L’Oréal expansion in Sub-Saharan Africa another ‘good move’

By Andrew MCDOUGALL

When you are one of the leading cosmetics companies in the world you cannot rest on your laurels. Despite performing ahead of the market and expanding its operations to compete in Asia-Pacific and Central and Latin America, L’Oréal has also turned its...

UK / Norwegian team develop living skin equivalent testing model

UK / Norwegian team develop living skin equivalent testing model

By Michelle Yeomans

Epistem, a UK biotechnology company with expertise in skin biology, has teamed up with ScandiDerma, a Norwegian company specialised in developing new dermatological ingredients from biomass to develop an in vitro human living skin equivalent model for...

World’s 1st OTC DNA anti-ageing test honoured with award

World’s 1st OTC DNA anti-ageing test honoured with award

By Andrew MCDOUGALL

The world’s first over-the-counter DNA anti-ageing test made by cosmetics analytics firm geneOnyx has been recognised by global analyst firm Frost & Sullivan with its 2013 European New Product Innovation Award.

Boots boosted by US sales, eyes further expansion in Asia

Boots boosted by US sales, eyes further expansion in Asia

By Simon Pitman

Boots Alliance says that sales of its No 7 Protect and Perfect brand in the United States has given a significant boost to help drive a successful quarter for the retailer and beauty provider, while it is also testing out expansion into the Asia market.

Emerging markets drive sales gains for Symrise

Emerging markets drive sales gains for Symrise

By Simon Pitman

Flavours and ingredients player Symrise says that the driving force behind its strong market growth during the first financial quarters was the emerging markets.

Estée Lauder profits up as cost savings kick in

Estée Lauder profits up as cost savings kick in

By Simon Pitman

The Estée Lauder Companies posted solid third quarter results, as sales climbed steadily and profits rose significantly as it realized benefits from its cost restructuring program.

Oriflame ups its investment in India

Oriflame ups its investment in India

By Andrew MCDOUGALL

Swedish cosmetics maker Oriflame has increased its focus on Asia and India in particular, with plans to launch 200 new products in the region following its acquisition of a manufacturing facility in Uttarakhand.

Symrise makes major investment in R&D facility

Symrise makes major investment in R&D facility

By Simon Pitman

Germany-based fragrance and flavours player Symrise has officially opened its research and development facility in Holzminden as part of efforts to raise innovation across all its product portfolios.

Inter Parfums posts big quarterly sales hike, ups outlook

Inter Parfums posts big quarterly sales hike, ups outlook

By Simon Pitman

Fragrance player Inter Parfums has posted a big hike in its first quarter sales on the back of a particularly strong performance in the European market, as the door is finally closed on the Burberry licensing agreement.

Kimberly-Clark results held back by European business

Kimberly-Clark results held back by European business

By Simon Pitman

Kimberly-Clark has announced steady group sales, with gains in the North American and International business divisions negated by currency exchange rates and the restructuring of its European business.

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