Business & financial

Clean skincare brand Drunk Elephant sells to Shiseido $845m

Clean skin care startup Drunk Elephant sells to Shiseido for $845m

By Deanna Utroske

Shiseido set itself a 2020 sales goal of ¥1 trillion and surpassed that goal in 2017. The beauty maker’s new goal is to reach ¥1.2 trillion in sales by 2020 and to “be among the top three companies in the global prestige cosmetics market.” Shiseido’s...

Chemyunion eyes further expansion into Europe

Chemyunion eyes further expansion into Europe

By Simon Pitman

Chemyunion has taken huge strides in recent years, expanding its main facilities in Sao Paulo, while also setting up a US headquarters in New Jersey, but now it is looking to Europe.

Cheekbone Beauty picks up $350k from Raven Indigenous Capital Partners

Cheekbone Beauty picks up $350k from Raven Indigenous Capital Partners

By Deanna Utroske

The Ontario, Canada – based color cosmetics brand announced a first funding deal with Raven Indigenous Capital Partners this week. The firm invests to support indigenous values and social enterprise. And while both the Cheekbone Beauty brand and the investment...

Evonik Venture Capital regularly invests in beauty

Evonik Venture Capital regularly invests in beauty

By Deanna Utroske

In 2012, the specialty chemical company established an in-house venture capital firm. Over the intervening years, the company has invested in nearly 20 businesses, many of which promise to influence the future of the cosmetics and personal care industry....

Jamaican authorities eye expansion into medical cannabis

Jamaican authorities eye expansion into medical cannabis

By Simon Pitman

The Cannabis Licensing Authority (CLA), of Jamaica, has moved to raise the number of conditional approvals for medicinal cannabis, which includes applications for consumer products such as beauty and personal care.

Markwins Beauty Brands is taking LORAC global

Markwins Beauty Brands is taking LORAC global

By Deanna Utroske

Late last week, the cosmetics company announced plans to take the color brand global, first expanding its footprint here in North America, and next by using an ecommerce strategy to reach consumers in Asia.

Sun Chemical is buying BASF pigment business

Sun Chemical is buying BASF pigment business

By Deanna Utroske

In late August, the DIC Corporation (of which Sun Chemical is a subsidiary) announced having entered a definitive agreement with BASF to acquire the company's Colors & Effects global pigments business. BASF Colors & Effects serves several...

ALS acquires Mexican lab testing company

ALS acquires Mexican lab testing company

By Simon Pitman

Global lab testing business ALS has acquired a major player in the Latin American market for cosmetic and personal care quality testing.

Increased sales boosts profits for Natura

Increased sales boosts profits for Natura

By Simon Pitman

Natura’s latest results for its second quarter shows that the company continues to make big gains, with both sales and profits both showing very strong gains.

Nestlé acquires personalized (beauty) supplement brand Persona

Nestlé acquires personalized (beauty) supplement brand Persona

By Deanna Utroske

Persona relies on genetic data, individual consumer assessments, and algorithmic technology to customize vitamins and supplements. And late last year, the relatively new company added beauty supplements with hair and skin benefits to its product portfolio....

$15 million in funding for Herbivore means more cooks in the kitchen

$15 million in funding for Herbivore means more cooks in the kitchen

By Deanna Utroske

Thanks to this month’s deal with Silas Capital and Stage 1 Fund, the skin care brand that Julia Wills and Alex Kummerow started in their Seattle, Washington, kitchen eight years ago is about to grow exponentially. And the day-to-day operations of the...

Why is Lubrizol pursuing indie brands?  a Cosmetics Design interview with Brandon Ford, Chief Accelerator Director at Lubrizol

CD Buzz Video

Why is Lubrizol pursuing indie brands?

By Deanna Utroske

The global cosmetics and personal care ingredient supplier hired a chief accelerator director in 2017, invested in One Ocean Beauty in 2018, and this week the company is exhibiting at Uplink Live in New York City. At this year’s BeautyX Capital Summit,...

Beauty Tech Deal: Cellink to acquire Cytena

Beauty Tech Deal: Cellink to acquire Cytena

By Deanna Utroske

This month, multinational bioprinting technologies company Cellink announced having reached a deal to acquire Cytena for €30.25 million. The Freiburg, Germany – based venture specialises in single-cell printing technology. And the deal will expand Cellink’s...

BeautyX Capital Summit opens Monday in New York City

BeautyX Capital Summit opens Monday in New York City

By Deanna Utroske

The once-a-year knowledge sharing summit is all about capital raising, funding strategies, and the financial realities of launching and running an independent beauty brand. And the 2019 edition of BeautyX Capital promises to be a must-attend event for...

Cake Beauty launches in the UK

Cake Beauty launches in the UK

By Deanna Utroske

This month’s Q2 financial report from MAV Beauty Brands holds out Cake as an exemplar of the global growth potential the company sees for its core hair care business and related cosmetics / personal care brands. With its recent launch in the UK, Cake...

Cutitronics readies for 2020 product launch

Cutitronics readies for 2020 product launch

By Deanna Utroske

The Scotland-based med-tech company debuted its first beauty device to an industry audience at this year’s in-cosmetics global event in Paris. And looking ahead to 2020 when Cutitronics will see its white-label platform and devices hit the consumer market,...

Personal care manufacturer KDC/ONE makes second acquisition this month, buying Swallowfield’s beauty manufacturing business

Personal care manufacturer KDC/ONE makes second acquisition this month

By Deanna Utroske

The Canadian company announced this week that it has reached a deal to acquire Swallowfield’s beauty manufacturing business. The news comes just 2 weeks after KDC/ONE acquired Alkos and again furthers the company’s presence and capabilities in Europe.

The Estée Lauder Companies creates a new role for Sara Moss

The Estée Lauder Companies creates a new role for Sara Moss

By Deanna Utroske

This month, Moss became the beauty company’s vice chairman, a post that sees her advising executive management, collaborating with senior staff to advance women’s leadership, and coordinating communication between the board of directors and the Lauder...

Unilever advances zero-deforestation initiative

Unilever advances zero-deforestation initiative

By Deanna Utroske

This week, Unilever published lists of its paper and board product suppliers as well as of its soy suppliers. The beauty maker believes that this sort of transparency will compel partner companies along the supply chain to be accountable for practices...

Cosmoprof North America is just 3 weeks away!

Cosmoprof North America is just 3 weeks away!

By Simon Pitman

The Cosmoprof North America event will be opening its doors in less than three weeks, and this year it will incorporate a number of brand new innovations to the show floor.

What trade wars mean to smaller beauty players

What trade wars mean to smaller beauty players

By Simon Pitman

Trade wars have been grabbing the headlines for the past couple of years, with protectionist policies spelling both opportunity and barriers for small- to medium-sized beauty companies.

How trade wars are impacting the cosmetics industry

From The Editor's Desk

How trade wars are impacting the cosmetics industry

By Simon Pitman

Global trade has seen some big changes in recent years, highlighted by massive shifts in international trade agreements that have impacted many areas of business, including the beauty and personal care industry.