Business & financial

A new president for Avon Products

A new president for Avon Products

By Deanna Utroske

At the start of 2017 the direct sales beauty company moved its global business offices from the US to the UK. And in the intervening months there have been several leadership changes at Avon Products. Now, John Higson is retiring and a new global president...

The strategy behind Natura’s offer to acquire The Body Shop

The strategy behind Natura’s offer to acquire The Body Shop

By Deanna Utroske

The Brazilian personal care and cosmetics manufacturer has been keeping its investors up to date on the reasoning and planning behind the company’s proposal to buy The Body Shop from L’Oréal.  For Natura, the brand aligns well with its existing portfolio...

L Catterton invests nearly $30 million in Il Makiage

L Catterton invests nearly $30 million in Il Makiage

By Deanna Utroske

The prestige, professional color cosmetics brand announced this month that the private equity firm L Catterton has made a large capital investment that will allow the makeup brand to expand quickly in the US.

Kimberly Mokosso is the new president of Illume

Kimberly Mokosso is the new president of Illume

By Deanna Utroske

The personal care and home fragrance company announced today that Kimberly Mokosso has accepted the new role at Illume and is set to oversee strategic growth and help ensure the company delivers exceptional financial results.

Beauty and wellness company PDC Brands is being sold

Beauty and wellness company PDC Brands is being sold

By Deanna Utroske

The private investment firm Yellow Woods currently owns PDC and its many mass-market hair, cosmetics, fragrance, and body care brands. This month a new firm announced plans to buy PDC, a deal that will likely close by the 30th.

DevaCurl acquired

DevaCurl acquired

By Deanna Utroske

The prestige and professional hair care company has been in business for over 20 years. And as products for curly and textured hair are gradually more welcome in the mainstream beauty market, both the brand and the company’s new investor partner believe...

Laura Mercier Cosmetics launches in Canada

Laura Mercier Cosmetics launches in Canada

By Deanna Utroske

Having been acquired by Shiseido Americas Corporation last year, the prestige brand’s portfolio of color cosmetics, skin care, bath and body care, and fragrance is now available in Canadia. Several of the brand’s functions—public relations, logistical...

Northwest Cosmetic Laboratories acquires Dream Team Beaute

Northwest Cosmetic Laboratories acquires Dream Team Beaute

By Deanna Utroske

The prestige color cosmetics and skin care contract manufacturer, headquartered in Idaho, has just announced completion of a deal that boosts the company’s powder production capabilities, expands services to West Coast clients, and more.

Pat Schneider is now CEO at natural skin care ingredient company Biova

Pat Schneider accepts CEO role at Biova

By Deanna Utroske

The privately held natural skin care ingredient maker announced the new appointment just this week and is looking forward to advancing its market position under her leadership.

At L’Oréal, it’s full speed ahead on sustainability

At L’Oréal, it’s full speed ahead on sustainability

By Deanna Utroske

This Saturday is Earth Day, a global celebration that brings attention to environmental protection needs and initiatives. To coincide with the event, L’Oréal has release its 2016 progress report on the company’s sustainability efforts—known collectively...

Sabine Chalmers is first woman to join Coty board of directors

Sabine Chalmers is first woman to join Coty board of directors

By Deanna Utroske

Just six months after becoming the world’s third largest beauty company (thanks to the acquisition of what had been P&G’s specialty beauty business) the personal care, fragrance, and cosmetics company has announced the addition of a woman to its previously...

Biossance skin care brand helps boost Amyris sales

Biossance skin care brand helps boost Amyris sales

By Simon Pitman

Biotech player Amyris says that the recent launch of its skin care brand at selected Sephora stores nationwide and online has given the company’s bottom line a significant boost.

L’Oreal launches

L’Oreal launches "Worth It Rewards" program

By Deanna Utroske

Putting a whole new spin on crowd funding and philanthropy, L’Oréal has reimagined corporate social responsibility as consumer social reasonability with its new cross-category rewards / charity giving program.

Avon Products to hire a new UK-based General Counsel

Avon Products to hire a new UK-based General Counsel

By Deanna Utroske

On Monday, the social-selling beauty company announced that the current chief ethics officer and chief compliance offer will be retiring from Avon as soon as a successor is chosen.

Erbaviva: A beauty brand turnaround case study with Air Paris

Erbaviva: A beauty brand turnaround case study

By Deanna Utroske

Last August, the organic personal care company Erbaviva celebrated its 20th anniversary and launched new collections in the facial skin care and men’s grooming categories. Before the fanfare came the work of rebranding a premium artisan portfolio for...

At Coty, there will soon be a new president of consumer beauty

At Coty, there will soon be a new president of consumer beauty

By Deanna Utroske

Esi Eggleston Bracey, who has overseen the consumer beauty portfolio at Coty since the company finalized the acquisition of P&G’s specialty beauty business in October of last year, will leave Coty at the end of the month.

Elizabeth Arden: A beauty brand turnaround case study with Air Paris

Elizabeth Arden: A beauty brand turnaround case study

By Deanna Utroske

Last summer Revlon got into the prestige beauty business in a big way by acquiring Elizabeth Arden. Some two years before that deal, Elizabeth Arden invested in an Air Paris rebranding scheme that wisely leveraged the potential of content, sharing and...

direct sales skin care comapny Nu Skin moves on to the S&P MidCap 400

Nu Skin moves on to the S&P MidCap 400

By Deanna Utroske

Launched in 1984, the direct sales skin care and nutritional supplements company reported revenue last year of $2.21bn a figure strong enough to land Nu Skin on the Dow Jones index of mid-sized companies.

Birchbox and Draper James team up for Women’s History Month

Birchbox and Draper James team up for Women’s History Month

By Deanna Utroske

Thirty years ago the US Congress declared March to be Women’s History Month. It’s a public celebration that industry influencers like the beauty subscription company Birchbox and Reese Witherspoon’s lifestyle brand would be remiss to overlook.

Laura Geller: A beauty brand turnaround case study with Air Paris

Laura Geller: A beauty brand turnaround case study

By Deanna Utroske

Before being acquired by prestige beauty company Glanasol (a project of former Revlon CEO Alan T. Ennis and equity firm Warburg Pincus), Laura Geller Beauty teamed up with Air Paris. Cosmetics Design checked in with that company’s CEO Dimitri Katsachnias...

Where politics, the Trump White House, and the beauty business meet

Analysis

Where politics and beauty meet

By Deanna Utroske

New leadership took over the United States not two months ago, and already executive orders, emerging policy platforms, and the pandemonium of an experiment in business-tycoon-as-government-official have warranted a new level of coverage in a cosmetics...

new New York City headquarters social selling beauty company New Avon

A new headquarters for New Avon

By Deanna Utroske

After nearly one year as a stand-alone company, the North American social selling beauty company has announced the location of its new offices here in New York City. Soon hundreds of New Avon staff will move from the East Side to Lower Manhattan.

AmorePacific business results

AmorePacific: Do business results indicate move away from Korea?

By Natasha Spencer

As AmorePacific displays a positive picture of its 2016 business results, we consider whether the conglomerate’s efforts to up its presence in APAC counterparts Thailand and Singapore is an attempt to offset economic and political difficulties.