Business & financial

Shiseido creates Shiseido Venture Partners

Shiseido to invest millions in beauty startups

By Natasha Spencer

As Shiseido prepares to invest up to ¥3 billion (€24.8 mn) in start-up ventures, the cosmetic giant’s new team will be on the lookout for technologically-advanced concepts and innovations that complement its existing portfolio and operations.

France backing beauty with investment scheme

France backing beauty with investment scheme

By Lucy Whitehouse

A French funding and development organisation recently launched a new ‘Performance Accelerator’ programme, and picked out ingredients manufacturer Alban Muller as one of its first companies to back.

Barbara De Laere joins Estée Lauder Companies as VP, GM of Aveda NA

Barbara De Laere joins The Estée Lauder Companies

By Deanna Utroske

Early this month the beauty maker announced that De Laere—who’s held several VP and GM roles with L’Oréal over the past 15+ years—has taken on the challenge of growing Estée Lauder’s Aveda brand.

O.Berk acquires VPI Packaging for luxury cosmetics and personal care

O.Berk acquires VPI Packaging

By Deanna Utroske

The two New Jersey – based packaging companies announced the deal this week, highlighting that O.Berk picks up VPI’s portfolio of luxury personal care products and services.

Jane Pinda joins Fragrance West as VP of sales

Jane Pinda joins Fragrance West as VP of sales

By Deanna Utroske

As a fragrance sales executive, Pinda is an expert at developing business in new territories and identifying opportunities for growth. Fragrance West calls this a “strategic move to further fortify its current sales force and strengthen client alliances.”

Avon headquarters leaves the US

Avon headquarters leaves the US

By Deanna Utroske

As of January 2017 the direct-sales beauty company known as Avon Products will operate it global business from offices in the UK. And just this month, Avon announced the appointment of a new CFO.

Estée Lauder releases 2016 Future Beautiful report

Estée Lauder releases 2016 Future Beautiful report

By Deanna Utroske

The report highlights the beauty makers’ corporate responsibility goals and initiatives: “We believe that citizenship and sustainability are essential to our success as a business and our responsibilities as a global company.”

professional hair care maker Olaplex sues L’Oréal USA over patent

Olaplex sues L’Oréal USA

By Deanna Utroske

The California-based professional hair care maker filed suit this month, claiming L’Oréal infringed on its patent and engaged in false advertising.

A new president for Mary Kay North America

A new president for Mary Kay North America

By Deanna Utroske

This month, the direct-sales beauty company named a new leader for its business in the US and Canada. Mary Kay selected a company veteran to succeed Darrell Overcash when he retires next year.

Pacifica Beauty partners with Alliance Consumer Growth

Pacifica Beauty partners with Alliance Consumer Growth

By Deanna Utroske

The indie beauty and personal care company announced recently that it has accepted a growth equity investment from ACG, the same firm that’s partnered with Nudestix and Tata Harper Skincare.

prestige makeup company Estée Lauder now owns BECCA Cosmetics

Estée Lauder now owns the BECCA brand

By Deanna Utroske

It was less than a month ago Cosmetics Design reported that Estée Lauder was acquiring makeup company brand BECCA Cosmetics. That deal is now final, and the company’s prestige market share is all the stronger for it.

fine fragrance and beauty company IFF acquiring Fragrance Resources

IFF acquiring Fragrance Resources

By Deanna Utroske

This month, the international flavor and fragrance company announced plans to buy Fragrance Resources and thereby further focus on regional opportunities in fine fragrance, beauty, personal care, and more.

China's cosmetics market grows

Domestic brands to lead China's growth

By Natasha Spencer

In a recent report, Euromonitor International predicts that China’s domestic players will contribute significantly to the beauty and personal care industry over the forecast period.

Net sales flat at P&G for Q1 of fiscal 2017

Net sales flat at P&G

By Deanna Utroske

The consumer packaged goods company release its Q1 results on Tuesday, the first such report since P&G completed its divesture of specialty beauty brands to Coty.

2016 Q3 sales are up double-digits at fragrance company Inter Parfums

Sales are up double-digits at Inter Parfums

By Deanna Utroske

The fragrance company will release its official Q3 results early next month. In the meantime, it’s safe to say that new fragrances are selling big in this country.

Estée Lauder buys color cosmetics and complexion makeup brand BECCA

Estée Lauder is acquiring BECCA cosmetics

By Deanna Utroske

Late last week the global beauty maker announced that it is buying prestige color cosmetics and complexion product company Becca. And things are expected to wrap up quickly; Estée Lauder anticipates closing the deal next month.

Bellami Hair acquires Mirabella Beauty

Bellami Hair acquires Mirabella Beauty

By Deanna Utroske

Bellami is aiming to become “one of the leading beauty brands in the world,” and the acquisition of color cosmetics company Mirabella is one small part of the plan, which includes retail stores, distribution partnerships, formulation updates, new leadership...