L’Oréal CEO Jean-Paul Agon has stated that he does not expect any change in the next twelve months for the global cosmetics market after the French firm posted its third-quarter sales in which growth has slowed.
Prestige beauty firm Elizabeth Arden reported better-than-expected revenue in its first quarter results, thanks to the launch of several new fragrances; although these purchases affected profits.
Estée Lauder reported good sales growth in all regions except for Europe, where economic problems mean consumers are having to cut back on their spending.
Avon Products has reported another big dip in sales and net profit for its third quarter as the company continues to battle operational challenges and a sliding market share.
The latest addition to the Inter Parfums fragrance and cosmetics portfolio is fashion brand Karl Lagerfeld after the two companies signed a worldwide exclusive licensing agreement.
As Procter & Gamble continues to battle against shrinking market share world-wide, CEO Bob McDonald emphasizes how his vision for increased innovation will help the company face up to its current challenges.
Dr.Hauschka Skin Care has invested in a new fair trade initiative in Ethiopia in a bid it says, to create an economically sustainable community by establishing a biodynamic resource for Damask rose essential oil.
Cosmetics packaging provider Albéa is looking to complement its current offering in the beauty segment with the purchase of Rexam’s Personal Care division, and the European Commission has approved the proposed acquisition.
Cosmetics maker Revlon has announced its third quarter results but despite a growth in revenue, it seems to have lost ground to its competitors in Europe, the Middle East and Africa.
In a bid to continue its expansion into emerging markets, Evonik is rapidly moving ahead with its new production facility in Brazil which is set to produce a wider range of ingredients for the cosmetics industry.
U.S. private equity firm, Advent International has entered its bid to take over Douglas Holdings, a perfume and beauty chain that has been valued at $1.95 billion.
The head of sourcing at natural cosmetics players Laboratoires Expanscience, Sebastian Debrock, spoke to CosmeticsDesign about the importance of being on top of innovation and new technologies as a means of implementing a successful CSR plan.
Sweden-based research group Universum has published its list of the most attractive global companies to work for, and it’s Procter & Gamble that comes out as the top rated cosmetic and personal care player.
France-based luxury goods maker LVMH has reported a rise in sales for the first nine months of the year, underlining a strong performance in every business segment, including perfumes and fragrances.
British clothing brand Burberry has extended its lucrative fragrance and cosmetics licensing brand with Inter Parfums by another three months, to ensure an adequate transitioning period.
Algae actives can play a big part in quest for sustainable natural ingredients Algae actives have been used in a wide variety of personal care products for hundreds of year, but the fact that they can be farmed as a sustainable and natural-based is fueling...
On reporting Lush founder Mark Constantine's claims that L’Oreal wanted to sell the global chain yesterday, a representative for The Body Shop promptly contacted Cosmetics Design to rubbish what it refers to as an ‘incorrect rumour’.
With Procter & Gamble executives under pressure to perform like never before, the company’s annual shareholders meeting focuses on how its plans to turn around a lack luster performance.
Perfume maker Givaudan has revealed that its Ambermax molecule, which is an artificial version of ambergris excreted by sperm whales, will remain under lock and key for the next few years.
Mark Constantine, founder of The Body Shop’s rival - Lush Cosmetics - has been making waves in the industry after stating that an inside source told him that the chain was being groomed for sale.
The intellectual property battle between Kao and Henkel over hair dyes has been brought to an end after the Tokyo-based firm announced it had reached a settlement and agreed to drop the case.
Dutch chemical distributor is looking to expand its presence in the North African personal care market by opening a new distribution centre in Tunisia.
Procter & Gamble activist investor William Ackman has given a public interview in which he has continued to criticize inefficiencies at the consumer giant, but admits the management needs more time.
Munich-based Wacker has chosen DKSH to distribute its biotech products used for personal care applications in Asia taking advantage of the Zurich-headquartered firm’s presence in the region.
Procter & Gamble CEO Robert McDonald has met with activist investor William Ackman, head of Pershing Square Capital Management, to be confronted with a 75-page document listing a range of complaints about his leadership.
Cosmetics titan L’Oréal is turning its attention to satisfying the need of its local consumers in Russia by setting up an academy in Moscow to train more than 20,000 beauty professionals every year.
The global market researcher has announced the appointment of Emmanuelle Moeglin to the position of global fragrance analyst who is to play a role in specific industry issues and broader macro trends.
The 2013 in-cosmetics show in Paris will see the return of its Lifetime Achievement Award, as the previous and only winner-to-date tells Cosmetics Design of the importance of global recognition.
UK contract manufacturer Swallowfield has reported a big rise in profit for the full financial year, but sales growth is held back by tough conditions in the domestic market.
Burberry is said to have ended talks with Beaute Prestige International (BPI) concerning a partnership to make and distribute the eponymous brand’s popular fragrance range.
Global firm International Flavors & Fragrances is focusing its attention on the Asian fragrance market by opening a manufacturing plant in Singapore as part of its expansion in the region.
With a rich history in cosmetics, and a market that has been galvanized in the last two decades, the Deputy Minister of the Economy says the time is now to target foreign markets and help boost the country's economy.
Norway-based Aqua Bio Technology has secured a contract giving cosmetic company Restorsea, global exclusivity of its lead ingredient Aquabeautine XL which will generate the company over $20 million in the next six years.
L’Oréal has opened its first African store for its Kiehl’s brand in the South African capital of Johannesburg, as the French firm looks to gain market share in the country.
Hydrocolloid producer CP Kelco has built on its continuing relationship with chemicals distributor Azelis, this time expanding into the People's Republic of China and Hong Kong as the demand for nature-based products increases.
In a bid to restructure its operations to improve operating efficiency, color cosmetics player Revlon will axe approximately 250 jobs throughout the company.
The global luxury group has filed a countersuit after it says it learned via a French media dispatch that Hermès had filed a lawsuit on the circumstances through which it had acquired shares in the company back in 2010.
The Beyond Beauty conference and tradeshow will be opening up for business on September 10th and runs until September 12th, featuring all the latest innovations from the industry.
Through its parent company Symrise, Kaden Biochemicals will now go under the name ‘Symrise bioactives’ in a move to gain greater visibility, a revamped market presence and to expand its portfolio of biofunctional ingredients.
Cosmetics giant Estée Lauder states that the future looks bright for its online business and will continue to grow in the digital arena as an integral part of the company’s marketing efforts.
Cosmetics giant L’Oréal has seen success in ‘New Markets’ drive sales in the first half of 2012 as the company’s revenue continues to grow faster than the market, but profit margins missed out on analyst estimates.
Switzerland-based fine chemicals provider has published its sustainability objectives for the first time ever, targeting greater energy efficiency and less waste as key to its objectives.
Despite awareness of natural and organic cosmetics remaining low, major naturals player Weleda says it sees huge potential for further expansion in the region.
L’Oréal skin care brands La Roche-Posay and Vichy Laboratories have announced a US expansion into select Walgreens locations as the cosmetics firm looks to target women’s skin care needs in the country.
Global safety science company UL has announced the acquisition of ICQ Global, a consumer product testing provider with presence in the cosmetics industry across Europe, Asia and the US, in a bid to extend its global reach in consumer product testing.
French cosmetics firm Yves Rocher has acquired a 51 per cent stake in Turkish company Flormar at a perfect time to invest in the market, according to experts.
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