Business & financial

willa skin care acquired

willa skin care acquired

By Deanna Utroske

Origami Owl bought the tween, teen, and young women’s brand late last month to extend the company’s social selling business into personal care and cosmetics.

H&M sustainable beauty for new make-up line

H&M drives sustainability efforts

By Natasha Spencer

With the announcement that H&M hopes to launch a sustainable make-up line, natural and organic development is high on the global leader’s agenda.

At P&G, over 15 beauty and personal care brands remain

At P&G, over 15 beauty and personal care brands remain

By Deanna Utroske

Coty has completed the acquisition of 41 P&G brands. But that CPG company still owns many big names in beauty and has plans to remain a market leader with advancing product technologies and legacy brands.

Natural and Organic acquisitions in Asia

Key green acquisitions

By Natasha Spencer

Following Unilever’s purchase of Seventh Generation, which marks the latest in a series of green acquisitions, we take a look at the latest mergers and acquisitions in Asia-Pacific and why there are far fewer than in the US and Europe.

As of today, Coty is the world’s third-largest beauty company

As of today, Coty is the world’s third-largest beauty company

By Deanna Utroske

Having now completed the acquisition of P&G’s specialty beauty business, which doubled the company’s annual revenue, Coty takes its place as a global leader in fragrance, color cosmetics, and professional hair care and styling.

Coty joins S&P 500

Coty joins S&P 500 and investors like it

By Simon Pitman

Coty has been added to the Standard & Poor’s 500, an announcement that drew applause from the investment world and sent stock prices on the up.

Unilever acquires Seventh Generation

Unilever acquires Seventh Generation

By Deanna Utroske

The multinational CPG company announced yesterday that it has signed a deal to purchase the plant-based personal care and household cleaners company known as Seventh Generation—thereby shoring up its position in the naturals market.

Revlon’s developments so far in 2016

Revlon’s developments so far in 2016

By Michelle Yeomans

Multinational cosmetics firm, Revlon has seen a fair amount of role re-structuring higher up the chain and M&A activity in 2016. Here, we take stock of the most newsworthy movements…

clean, safe cosmetics & skin care brand Beautycounter new executives

Beautycounter brings in new executive leaders

By Deanna Utroske

The ‘safer skincare’ and ‘cleaner cosmetics’ company announced this week that four men, with significant industry experience, have joined the Beautycounter team. And, one company-founding executive is on her way out.

Revlon completes Elizabeth Arden acquisition

Revlon completes Elizabeth Arden acquisition

By Deanna Utroske

It’s a done deal! Revlon confirmed last week that the acquisition was successful and that the combined company—a “global beauty enterprise”–now operates with Revlon as the parent company and is traded on the NYSE as REV.

e.l.f. Beauty announces IPO terms

e.l.f. Beauty announces IPO terms

By Deanna Utroske

The cosmetics, skin care, and beauty tools company filed an amendment with the Securities and Exchange Commission yesterday, outlining e.l.f.'s market value, price per share, and number of shares to be available.

Brexit - the cosmetics industry response

Brexit - the cosmetics industry response

By Michelle Yeomans

Dominating headlines since June, Brexit has reverberated through homes, industries and boardrooms alike as the Brits consider how leaving the EU will ultimately affect the UK. Here’s what the cosmetics industry has had to say on the matter to date…

Two Views: In the beauty business, people sell product

Two Views: In the beauty business, people sell product

By Deanna Utroske

In this installment of Two Views, Lisa Marie Ringus, EVP of global sales and business development at the creative staffing and recruiting firm 24 Seven, and Alexa Tonner, SVP of influencer marketing agency Collectively consider the impact that passionate,...

Estée Lauder year-end and Q4 results show a lift in sales

Estée Lauder year-end and Q4 results show a lift in sales

By Deanna Utroske

Late last week the beauty and fragrance manufacturer announced its most recent financial results, with sales up in all categories, makeup performing best, and a net sales increase across the region—in Canada, the States, and Latin America.

Kathy Cullin is now general manager of Bare Escentuals US

Kathy Cullin is now general manager of Bare Escentuals US

By Deanna Utroske

On Monday, Cullin took on her new role leading the brand’s commercial business and customer experience. The general manager position itself is also new for Bare Escentuals US, and in it Cullin reports to Marc Rey, president and CEO of Shiseido Americas.

Coty Q4 and year-end results

Coty Q4 and year-end results

By Deanna Utroske

The cosmetics, skin care, and fragrance company announced its latest financials this week, showing a decline in revenue for the year, better numbers on a quarterly basis, and optimism about integrating the beauty brands that Coty is acquiring from P&G.

‘90s skincare brand Joey New York plays market reverse stock split

‘90s skin care brand Joey New York plays the market

By Deanna Utroske

This month RAR Beauty LLC, the company that owns Joey New York, made a large number of shares available—a move that could set the personal care company in a good position for growth going forward.

Elizabeth Arden year-end financial results are in

Elizabeth Arden year-end financial results are in

By Deanna Utroske

This month the prestige beauty company, which will merge with Revlon by the end of 2016, announced its Q4 and year-end numbers, showing a good performance financially and strategically.  

Memebox tallies nearly $70m in funding

Memebox tallies nearly $70m in funding

By Deanna Utroske

The mobile-first beauty company plans to greatly expand its branded cosmetics and personal care portfolio as well as to grow the business in new markets.  

direct sales beauty company New Avon LLC moving to NJ or Brooklyn

Where will New Avon LLC go next?

By Deanna Utroske

The privately held direct-sales beauty company will likely remain in the greater New York City area. For its new location, however, New Avon is considering sites and incentives on either side of Manhattan.

Q2 results from fragrance maker and cosmetic ingredient company IFF

Second quarter financial results from IFF

By Deanna Utroske

This week the fragrance and flavor maker announced Q2 strategic accomplishments and financials. From a currency neutral perspective, company sales are growing—in North America by 5%.

direct-sales beauty company Avon Products Q2 financial results are in

Avon Products Q2 financial results are in

By Deanna Utroske

Without adjusting to constant dollars, the direct-sales beauty company’s revenue was down in every region: Europe, the Middle East, and Africa; South Latin America; North Latin America; and the Asia Pacific.

Gloria Mayfield Banks makes history at Mary Kay

Gloria Mayfield Banks makes history at Mary Kay

By Deanna Utroske

Having recently earned the prestigious rank of Independent Elite Executive National Sales Director, Banks also holds the distinction of being the first African American woman to achieve this title at the direct-sales beauty company.

Ulta Beauty launching its own credit card

Ulta Beauty launching its own credit card

By Deanna Utroske

The cosmetics and personal care retailer has contracted with data-driven marketing firm Alliance Data Systems Corporation to establish an Ultamate Rewards Credit Card and loyalty program for beauty consumers.

New leaders join the NuFACE skin care and beauty device team

New leaders join the NuFACE team

By Deanna Utroske

The device and skin care company is looking forward to substantial growth, new products, and new markets. Accordingly, the company has added a new president and a new senior vice president of global retail to advance the NuFACE business.  

Hair care and cosmetics maker Bell International Labs new headquarters

Bell International Labs building new headquarters

By Deanna Utroske

The company is forecasting 60% growth this year and has broken ground on a new facility in Eagan, Minnesota, to accommodate increased demand for sun care and tanning products.

Cosmetics and fragrance help lift LVMH sales

Cosmetics and fragrance help lift LVMH sales

By Simon Pitman

A strong performance from cosmetics and fragrances, as well as retail division Sephora, helped buoy group sales that have been hit by poorer sales in the domestic market, France.