Business & financial

Nagase acquires Fitz Chem Corporation

Nagase acquires Fitz Chem Corporation

By Deanna Utroske

The global specialty chemical distributor is deliberately and incrementally expanding its business in the US, and the acquisition of Fitz Chem gives the company a strong position in the Midwest.

Is Unilever about to acquire Estee Lauder?

Is Unilever about to acquire Estee Lauder?

By Deanna Utroske

Rumors of a takeover began to fly Friday after the Evening Standard published an item, citing unnamed sources, suggesting that Unilever and other interested buyers (multinational cosmetic companies, global investment firms, and holding companies) are...

FIT and Allure Magazine launch online beauty certificate program

FIT and Allure Magazine launch online beauty certificate program

By Deanna Utroske

Online learning in the cosmetics, personal care, and fragrance industries is gaining ground: L’Oreal teamed up with General Assembly on a program for the company’s marketing pros in late 2015, The Fragrance Foundation launched a perfume course early this...

Acme-Hardesty partners with Botaneco

Acme-Hardesty partners with Botaneco

By Deanna Utroske

Ingredient distributor Acme-Hardesty announced the partnership this week. And it’s only the latest step on Botaneco’s journey in the cosmetics and personal care industry.    

Dubai-based vegan cosmetics line hits the US

Dubai-based vegan cosmetics line hits the US

By Simon Pitman

Indie beauty brands Luscious Cosmetics has made the leap into the huge US markets, after expanding rapidly thanks to its focus on a vegan cruelty-free colour cosmetics.

Ann S. Plimpton will soon be the new board chair at Inolex

Ann S. Plimpton will soon be the new board chair at Inolex

By Deanna Utroske

As the specialty ingredients company positions its business squarely in the cosmetics and personal care industry, the announcement of a new incoming board chair underscores the company’s new focus as a global innovator in beauty.

Freeman Beauty acquisition signals intent to go global

Freeman Beauty acquisition signals intent to go global

By Deanna Utroske

Yellow Wood Partners just announced buying the personal care company and has plans to work with the existing senior management team at Freeman Beauty to expand business in current channels as well as into new markets internationally.

Symrise enjoys strong half-year showing

Symrise enjoys strong half-year showing

By Lucy Whitehouse

Symrise has released its half-year results, and notes that it has increased sales in all segments and regions, and is one of the fastest-growing companies in the industry.

Acquisitions boost IFF fragrance results

Acquisitions boost IFF fragrance results

By Simon Pitman

IFF has reported strong growth for its second quarter results, with the fragrance side of the business benefiting from recent acquisitions and organic sales growth.

DuPont and Dow all set for huge merger

DuPont and Dow all set for huge merger

By Simon Pitman

DuPont and Dow Chemical Company have confirmed that they are all set to complete on one of the biggest ever mergers in the history of the chemicals industry - a $147 billion deal.

Avon struggles continue as losses mount

Avon struggles continue as losses mount

By Lucy Whitehouse

In a continuation of its recent poor performances, Avon again announced a quarterly loss with its most recent, second-quarter statement.

Colorescience announces new funding and new board member

Colorescience announces new funding and new board member

By Deanna Utroske

The beauty brand, known for its color products that function like skin care and sell primarily in the pro channel, has just completed a series C funding round and is welcoming Adele Oliva to its board.

Trilogy enters into ownership deal with Lanocorp

Trilogy enters into ownership deal with Lanocorp

By Natasha Spencer

Scented candle and beauty product manufacturer, Trilogy, is set to purchase a controlling share of Australian and New Zealand natural skin care cosmetics competitor, Lanocorp.  

Skin care ingredient maker Croda invests in Cutitronics

Skin care ingredient maker Croda invests in Cutitronics

By Deanna Utroske

The deal with tech company Cutitronics is about more than just skin care devices and personalized product recommendations. It’s an expertise exchange and an opportunity for Croda to be a major player in ‘big data for skin care’ market.

Inolex opens new sales office in France

Inolex opens new sales office in France

By Lucy Whitehouse

In a push to increase its presence in Paris, global cosmetic ingredient company Inolex has opened a new sales office in Paris, France.

IBE indie beauty expo opens in NYC August 2017 be inspired

IBE opens in NYC next month – prepare to be inspired by beauty

By Deanna Utroske

The leading independent cosmetics, personal care, and fragrance event returns to New York City this August for its third annual show. IBE 2017 promises to be even bigger and better than years past, a measure of just how much the indie beauty category...

Unilever is keeping ahead of its markets

Unilever is keeping ahead of its markets

By Lucy Whitehouse

In its half-year results, Unilever has revealed that it is enjoying profitable growth, keeping it ahead of its market with its profits jumping by a fifth.

Patricia Lopez joins High Ridge Brands as CEO

Patricia Lopez joins High Ridge Brands as CEO

By Deanna Utroske

The personal care products company runs a global business from its headquarters in Stamford, Connecticut, and supporting offices in Buena Park, California; Slough, UK; and Shenzhen, China. As of this month, Lopez is leading the company and its roster...

Susan L. Jurevics is the new president of Bare Escentuals Beauty

Susan L. Jurevics is the new president of Bare Escentuals Beauty

By Deanna Utroske

One week from Monday, Jurevics will take on her new role, according to an announcement from Shiseido Americas, which owns the Bare Escentuals brand. And if her executive track record is any indication, the color cosmetics and skin care brand will set...

BWX Limited acquires Mineral Fusion Natural Brands

BWX Limited acquires Mineral Fusion Natural Brands

By Deanna Utroske

The natural personal care and cosmetics brand was previously owned by private equity firm North Castle Partners. That firm often partners with beauty and currently owns the Palladio Beauty Group and Red Door Spas.

H&M Beauty enters Malaysia

H&M Beauty enters Malaysia

By Natasha Spencer

Leading fashion and cosmetics brand, H&M, prepares to launch its beauty range in the Malaysian marketplace, after making a successful impact in Singapore.

Mary Kay’s newest market is Peru

Mary Kay’s newest market is Peru

By Deanna Utroske

The direst-sales cosmetics and personal care company announced late last week the addition of another Latin American country to its territory. As competitor brands in the channel leverage various strategies to gain new relevance in the global market place,...

Tracy Holland, CEO of HatchBeauty, honored as Entrepreneur of the Year

Tracy Holland, CEO of HatchBeauty, honored as Entrepreneur of the Year

By Deanna Utroske

The annual award, given by Ernst & Young Global Limited, is one of several such awards the firm’s growth markets network gives regionally, nationally, and globally. Holland’s recognition comes in the manufacturing and distribution category in Los...

Amyris biotech facility to produce cosmetic ingredients for Asia

Amyris biotech facility to produce cosmetic ingredients for Asia

By Deanna Utroske

The company recently announced advanced plans to build a biorefinery in conjunction with the government of Queensland Australia. As part of that state’s Biofutures Acceleration Program, Amyris is set to provide bioproducts for the Asian personal care...

Keystone Industries acquires Make Up My Cosmetics

Keystone Industries acquires Make Up My Cosmetics

By Deanna Utroske

It’s a matter of one contract manufacturer buying another. In this case, the cosmetics division of Keystone Research & Pharmaceutical specializes in nail polish and related products. And that company gains much broader color cosmetic capabilities...

Avon Products says this is the last leadership change, for now

Avon Products says this is the last leadership change, for now

By Deanna Utroske

This week the direct sales beauty company announced the appointment of a new chief operating officer. And in making the announcement, Avon Products assured investors, the industry, and the public that the company is now moving full speed ahead toward...

Hourglass will become Unilever’s first color cosmetics brand

Hourglass will become Unilever’s first color cosmetics brand

By Deanna Utroske

The personal care company announced on Tuesday that a deal has been struck to acquire the makeup brand Hourglass. It’s the latest in a string of Unilever acquisitions to bring prestige personal care and beauty brands onboard.  

Yes To gets $56 million from Viking Global Investors

Yes To gets $56 million from Viking Global Investors

By Deanna Utroske

The minority investment is a matter of course as the natural personal care company grows and its capitalization changes. As a natural beauty pacesetter, under the direction of CEO Ingrid Jackel, Yes To remains dedicated to innovation.

Alex Keith steps up to lead P&G’s streamlined beauty business

Alex Keith steps up to lead P&G’s streamlined beauty business

By Deanna Utroske

Following last year’s divesture of dozens of brands, P&G still does a multibillion dollar business in beauty. And as of next month, Keith, who’s been with the company since 1989 will be in charge of what’s left of the P&G skin care and personal...

Is Sheri McCoy on the verge of retiring from Avon?

Is Sheri McCoy on the verge of retiring from Avon?

By Deanna Utroske

Several reputable business news outlets are speculating as much based on an item that ran in the Wall Street Journal yesterday. The direct-sales beauty company certainly has had its share of leadership changes lately, including the appointment of a new...