Business & financial

Coty names Camillo Pane CEO

Coty names a new CEO

By Deanna Utroske

The appointment won’t take effect until later this year, once the Coty P&G deal is formally closed. Fittingly, the new executive has experience integrating acquisitions in and beyond the US.  

Spending on beauty up in China, despite cooling economy

Spending on beauty up in China, despite cooling economy

By Lucy Whitehouse

Chinese consumers are still keen to spend on beauty in China, according to newly released research from Mintel, with the majority of those surveyed stating they spent more on facial skin care in 2015 compared to 2014.

fragrance and beauty company Inter Parfums Q2 numbers and Coach launch

Inter Parfums Q2 numbers

By Deanna Utroske

The fragrance and beauty innovator announced its most recent financial figures, showing impressive net sales. And now Inter Parfums is looking ahead to the second half of the year and the company’s first launch of a Coach branded scent.

This year’s beauty industry job market looks good for talent

This year’s beauty industry job market looks good for talent

By Deanna Utroske

At last night’s CEW event in New York City, job experts from 24 Seven and The Estée Lauder Companies shared insights about the current state of hiring and employment among cosmetic and personal care brands and manufacturers.

Executive leadership changes Estée Lauder Companies, Origns, Jo Malone

Executive leadership changes at Estée Lauder Companies

By Deanna Utroske

This month the cosmetics maker announced two in-house appointments to strengthen the global reach of its Origins and Jo Malone London brands. One is already in effect, while the other is set to take place this fall.

Women rising in the ranks at Markwins Beauty Brands

Women rising in the ranks at Markwins Beauty Brands

By Deanna Utroske

The private cosmetics company owns popular labels such as wet n wild, Black Radiance, Bonne Bell, Lip Smacker, and Physicians Formula; and now, in a move to restructure Markwins’ leadership, in-house promotions are being announced.   

L’Oréal will acquire skincare, makeup company IT Cosmetics for 1.2 bn

L’Oréal will acquire IT Cosmetics

By Deanna Utroske

Friday afternoon, the self-proclaimed world’s leading beauty company announced the signing of a deal to purchase skin care and makeup brand IT Cosmetics for over $1bn — validation of IT Cosmetics’ hard-earned reputation for innovation and consumer loyalty.  

New sites are introducing retailers to sustainable indie beauty brands

New sites are introducing retailers to sustainable indie beauty brands

By Deanna Utroske

Independent and niche personal care is all the rage, and stores looking to meet consumer expectations and negotiate wholesale relationships with desirable, reliable brands are turning to sites like Kind Eye for Business. To find out more, Cosmetics Design...

Marie Thadal talks about taking over as NYSCC chair in 2017

Marie Thadal talks about taking over as NYSCC chair in 2017

By Simon Pitman

Marie Thadal will be next year's Chair for the New York Chapter of the Society of Cosmetic Chemists. We spoke with Thadal to find out about her reaction to the appointment and what she has planned for the organization in the year ahead.

Ray Ordiales talks about his stint as chair of the NYSCC

Ray Ordiales talks about his stint as chair of the NYSCC

By Simon Pitman

Cosmetics Design recently caught up with Rey Ordiales, the out-going Chair for New York Chapter of the Society of Cosmetics Chemists. During the conversation he spoke about the challenges that the role has presented in the course of the past years, his...

Shampoo brands Prell, Denorex, & Zincon bought by Scott’s Liquid Gold

Prell, Denorex, and Zincon bought by Scott’s Liquid Gold

By Deanna Utroske

The three mainstay consumer hair care brands, previously owned by Ultimark Products of Pennsylvania, were acquired for several million dollars and will be folded into Scott’s existing health and beauty portfolio.

Meri Baregamian accepts CEO role at beauty company Bliss

Meri Baregamian accepts CEO role at beauty company Bliss

By Deanna Utroske

Late last week the company announced that Baregamian has joined Bliss as CEO, and it’s expected that she will grow the brand for a bigger and better future in the beauty, skin care, and spa space.

Changes in the ranks at Fragrance West

Changes in the ranks at Fragrance West

By Deanna Utroske

The Van Nuys, California–based creative perfumery and fragrance manufacturer recently announced several senior staff appointments that company president Christina Fiduccia believes will meaningfully advance Fragrance West’s standing in the industry.

Colors & Effects, a new global pigments brand from BASF

Colors & Effects, a new global pigments brand from BASF

By Deanna Utroske

For the first time, under the new arrangement, BASF will have a dedicated global pigments team serving the cosmetics industry. The idea behind the new brand is that all industry customers have a single pigment solution source.

Beautycounter buys the Nude natural skin care line from LVMH

Beautycounter buys the Nude natural skin care line from LVMH

By Deanna Utroske

Not to be left out of the M&A game this summer, Beautycounter posted news of the acquisition on its Instagram page yesterday evening, saying “and the Beautycounter family just got a little bigger. Welcome, NUDE Skincare! #saferbeauty #betterbeauty.”

beauty company L’Oréal USA moves headquarters across town in NYC

L’Oréal USA moves headquarters across town

By Deanna Utroske

Today for the first time, the beauty leader had employees working out of the company’s new location on Manhattan’s West Side. It’s a move to a new space meant to foster collaboration and inspire the company’s next successes.

Cosmetics ingredient supplier Chemyunion opens US headquarters

Cosmetics ingredient supplier Chemyunion opens US headquarters

By Deanna Utroske

The Brazilian company now has facilities in Union, New Jersey; and Cristiane Pacheco has accepted a top job with Chemyunion to ensure improved service for the company’s cosmetic and hair care ingredient clients in the States.

Revlon acquires Elizabeth Arden, adding prestige beauty

Revlon acquires Elizabeth Arden, adding prestige beauty

By Deanna Utroske

In a multimillion dollar cash deal that’s had everyone talking since it was announced Thursday evening, the mass market beauty and personal care company is adding prestige color cosmetics and fragrance to its multinational business.

Equal Pay Pledge signed by two cosmetics and personal care companies

Equal Pay Pledge signed by two cosmetics and personal care companies

By Deanna Utroske

Yesterday The White House announced the initiative, “highlighting the critical role that businesses must play in reducing the national gender pay gap” and encouraging private sector companies to commit to steps that will ensure women and men earn equal...

Helene F. Rutledge joins New Avon LLC as Chief Innovation Officer

Helene F. Rutledge joins New Avon LLC as Chief Innovation Officer

By Deanna Utroske

At the start of this month, the North American direct sales beauty company installed a new board chairman. Yesterday, the New Avon leadership team gained a head of R&D who will oversee strategy, partnerships, and new product development.

Cosmetics company Shiseido Americas acquires Laura Mercier and RéVive

Shiseido Americas acquires Laura Mercier and RéVive

By Deanna Utroske

Shiseido is buying Gurwitch Products (the holding company of those two makeup brands), and the deal is expected to bring the Japan-based cosmetics company closer to its ambitious 2020 sales goal of 1 trillion yen.

Revlon acquires nail polish remover brand Cutex from Coty

Revlon acquires nail polish brand Cutex

By Deanna Utroske

In a deal announced yesterday, the global cosmetics and beauty care company added the Cutex international business to its portfolio of brands. Coty gave up the nail brand as part of that company’s ongoing transformation.

J&J acquires hair care and personal care company Vogue International

J&J acquires Vogue International

By Deanna Utroske

After bidding from several prominent global beauty and hair care companies, Vogue will be sold to Johnson & Johnson for just over $3bn in cash, according to an announcement that company made late last week.

Lafley leaves P&G

Lafley leaves P&G

By Deanna Utroske

After 12 years as chairman of the board for the multinational consumer goods company, A.G. Lafley is leaving the post again. His successor will take over next month, and P&G hopes things move ahead smoothly.

Estée Lauder still determined in China

Estée Lauder still determined in China

By Lucy Whitehouse

Estée Lauder is said to be pushing ahead with its strategy to make inroads in China, despite the slumping economic conditions in the country.