The US-based company has announced an agreement with the Anglo-Dutch consumer giant to purchase the Sanex brand, as it focuses on its higher-margin oral care, personal care, and pet nutrition businesses.
P&G says that it will strive to certify all new production facilities according to Leadership in Energy and Environmental Design (LEED) certifcation standards.
Unigen and Estée Lauder have announced they have signed an exclusive product license and supply agreement granting the cosmetics company the rights to any groundbreaking discoveries.
In order to build its beauty category, the European supermarket and hypermarket retailer Carrefour has signed a long-term cooperation agreement with the health and beauty group Alliance Boots.
International Flavors and Fragrances (IFF) has said that rises in input costs have been more exaggerated than were first predicted, leading the company to enter into ‘aggressive’ pricing strategy negotiations.
Berkshire Hathaway is to buy specialty chemicals company Lubrizol in a deal worth $9.7bn, one of the largest acquisitions in the investment holding company’s history.
Procter & Gamble has announced a change to its global product supply team following the retirement of Keith Harrison who has been with the consumer goods company for over 41 years.
Global luxury group LVMH has announced the appointment Christopher de Lapuente as global president and CEO of fragrance retailer Sephora, effective at the end of March.
Symrise exceeded its sales and earnings for fiscal year 2010 thanks to the global economic recovery, strong boost in demand and a solid positioning in emerging markets.
The National Competition Commission has hit the local operators of Procter & Gamble and L’Oreal with multi-million Euro fines over price fixing of professional hair care products in Spain.
The Bulgari Group has joined forces with the LVMH Group to establish its long term development in the cosmetics and fragrance, as well as the watch and jewellery market segments.
Oregon Occupational Safety and Health Administration (OSHA) has announced that the makers of the Brazilian Blowout hair straightening treatment, has dropped the lawsuit against the Oregon agency.
Germany-based consumer goods company Henkel has reported strong growth in its business for the latest quarter and full year, on the back of significant gains from cosmetics and toiletries.
Fashion designer John Galliano has hit back over accusations made against him, releasing a statement denying all claims, although he has also apologised for any offensive behaviour.
Fashion designer John Galliano has been sacked by fashion and cosmetics company Dior following accusations that he made antisemitic and racist remarks during a drunken rant.
European retailer Carrefour has signed a long term co-operation agreement with health and beauty group Alliance Boots to leverage the scale and geographical presence of its beauty category.
Cosmetics company Kao is suing Dusseldorf-headquartered Henkel over the sale of its foaming hair care products in Germany and Japan, insisting Henkel is infringing its intellectual property rights.
Procter & Gamble CFO Jon Moeller says the company still aims to increase its market share significantly in the course of the year, despite the spectra of rising costs.
UK-based contract manufacturer Swallowfield says that big growth from international clients has helped increase the company’s results for the first half financial year.
With sales up by more than 25 per cent and the rise in profits looking even stronger in 2010, BASF is poised to build on these results in 2011 following the Cognis acquisition.
Azelis has signed a definitive agreement to acquire raw material and ingredient supplier S&D Group as it looks to strengthen its portfolio coverage as well as its geographical spread.
Personal care ingredients provider Croda International has reported a healthy rise in both sales and profits for its fourth quarter and says future growth will centre on developing markets.
Maurer & Wirtz says it is restructuring its company in an effort to target specific categories and grow its market share for its own brand and licensed fragrances.
Global cosmetics firm Revlon announced its fourth quarter and year results, reporting an overall increase in net sales despite problematic currency fluctuations in Latin America.
Oriflame has revealed that its profits for the fourth and final quarter as well as full year 2010 increased significantly on the back of sales gains and positive exchange rates.
IFF reported strong sales and profits growth in Q4 for both its fragrance and flavors divisions on the back of big gains in its Latin America and Greater Asia markets.
Avon Products has reported flat sales for it fourth quarter the negative impact of currency translations and falling sales for skin care and color cosmetics.
LVMH Moet Hennessy Louis Vuitton has acquired botanical skin care company Ole Henriksen, in a move that will se the further development of the brand worldwide.
Japanese cosmetics brand Shiseido has said that if consumer demand and the appropriate retail channels exist, it will continue to expand into new markets as part of its aim to become ‘a global player representing Asia with its origins in Japan’.
Global hair care company Regis has agreed to increase its ownership stake in European hair salon company Provalliance, with plans to grow the business domestically before aiming for international growth.
Q-Med, the Sweden-based manufacturer of anti-ageing products that is currently in take-over talks, warned that rising marketing and development costs are likely to hit future profits.
A significant drop in profit and weaker domestic sales in the first nine months of 2010 has led Japanese-headquartered Shiseido to lower its forecasts for the full year.
Procter & Gamble announces steady gains for its third quarter sales ending in December, but profits are down on lower retail pricing and negative currency exchange rates.
Lonza has revealed full year results showing sales gains that helped to drive strong profit growth, despite the impact of REACH and negative currency exchange rates.