Business & financial

Philippines soap brand going global

Philippines soap brand going global

By Lucy Whitehouse

A personal care company in the Philippines has announced it is expanding its operations due to increasing global demand.

Elizabeth Arden to acquire Christina Aguilera fragrances

Elizabeth Arden to acquire Christina Aguilera fragrances

By Deanna Utroske

Today, the prestige beauty company announced its plans to buy the global rights to all seven of the recording artist’s fragrance brands, a move that’s right in line with Elizabeth Arden’s renewed emphasis on fragrance.

Sales and profits are up at IFF

Sales and profits are up at IFF

By Deanna Utroske

At the start of this week, the company announced its Q1 results, and on a currency neutral basis, the numbers look good.

Elizabeth Arden Q3 results show sales growth

Elizabeth Arden Q3 results show sales growth

By Deanna Utroske

At constant currency rates, the company is reporting good news for both the Elizabeth Arden brand and others owned by the company. With several strategic initiatives in place, the company is looking ahead to its year-end report in August.

Avon Products Q1 results

Avon Products Q1 results

By Deanna Utroske

The company made its first quarterly financial report today since having sold the North American business to Cerberus Capital Management.

Aurochemicals plant expansion underway

Aurochemicals plant expansion underway

By Deanna Utroske

The aroma chemical manufacturer is nearly doubling the size of its Washingtonville, New York–based fragrance and flavor facility and has plans to grow much larger in the next few years.  

A new CEO sets to work at New Avon LLC

A new CEO sets to work at New Avon LLC

By Deanna Utroske

Just last week the privately owned, stand-alone North American business got a new chief executive, an appointment from outside the company that was announced just weeks after New Avon LLC became a reality.

Brazil’s Natura Cosmetics posts a loss for Q1

Brazil’s Natura Cosmetics posts a loss for Q1

By Deanna Utroske

Multinationals are edging in to the South American region while the economy is down; but for the time being, this quarter’s results don’t look good for the local direct-sales beauty company.

Johnson & Johnson to acquire NeoStrata

Johnson & Johnson to acquire NeoStrata

By Deanna Utroske

The deal, announced just this week, will give J&J a stronger position in the skin care category, particularly the anti-aging segment.

Direct Selling brands ranked

Direct Selling brands ranked

By Deanna Utroske

A notable direct selling and network marketing publication just released its 2016 list of revenue leading companies. Several cosmetics and personal care businesses made the cut.

L’Oréal sees developed markets hold up in Q1 sales

L’Oréal sees developed markets hold up in Q1 sales

By Andrew MCDOUGALL

L’Oréal saw its Group sales rise 1.8% for the first quarter 2016 to €6.55 billion, thanks to gains made in Western Europe and North America offsetting difficulties encountered in some emrging markets due to the strengthening euro.

Ulta Salon, Cosmetics & Fragrance joins the S&P 500

Ulta Salon, Cosmetics & Fragrance joins the S&P 500

By Deanna Utroske

At the close of trading tomorrow, the beauty company will take its place on the market indicator list alongside other industry leaders, including Estee Lauder Cos., International Flavors & Fragrances, Dow Chemical, and P&G.

Is Procter & Gamble well on the road to recovery?

Is Procter & Gamble well on the road to recovery?

By Simon Pitman

A Wall Street analyst’s positive note on Procter & Gamble’s outlook has sent share prices upwards and could be one of the first signs the business is really back on track.

Ulta Beauty announces plans for satellite headquarters

Ulta Beauty announces plans for satellite headquarters

By Deanna Utroske

The private label brand and beauty retailer has its offices in Bolingbrook, Illinois, a west suburb of Chicago, and this summer Ulta will open space in the heart of the city for up to 100 employees.

PDC Brands acquires Original Additions

PDC Brands acquires Original Additions

By Deanna Utroske

With this latest cosmetics company acquisition, PDC secures its industry position further and sets the stage for international business as well.

Hair care company Strength of Nature acquired

Hair care company Strength of Nature acquired

By Deanna Utroske

GCPL is strategically growing though acquisitions, particularly in hair care for women of African descent, and with this latest deal the India-based company gains market share as well as US-specific insights and product knowledge.   

Will Old Spice lawsuit hurt Procter & Gamble?

Will Old Spice lawsuit hurt Procter & Gamble?

By Simon Pitman

P&G has been facing up to the challenge of flat sales and a significant restructuring of the business, but more challenges come as it is slapped with a lawsuit on its Old Spice brand.

Revlon names Fabian Garcia as its CEO

People On The Move

Revlon names Fabian Garcia as its CEO

By Simon Pitman

Having spent a little over a month without a leader, the Revlon board of executives has announced that Fabian Garcia is making the jump from Colgate-Palmolive to become the new CEO and President.

Oriflame coming to US and Brazil

Oriflame coming to US and Brazil

By Deanna Utroske

The direct-sales beauty company is scouting out new growth markets and has plans to launch operations in both North and South America.

Firmenich opens new fragrance facility in Argentina

Firmenich opens new fragrance facility in Argentina

By Simon Pitman

Swiss fragrance and flavors players Firmenich has opened its new production facility in Buenos Aires, Argentina, adding to a wave of investment in the country after a new government recently took power.

VariBlend and Cosmax USA team up

VariBlend and Cosmax USA team up

By Deanna Utroske

The manufacturing and packaging partnership will be rolling our product within months and is all part of Cosmax’s plans to dominate the contract manufacturing space in the Americas and beyond.

Ulta reports strong sales and further expansion plans

Ulta reports strong sales and further expansion plans

By Simon Pitman

The cosmetic and beauty retailer is going from strength to strength on the back of its focus on a wider selection of color cosmetics, with sales for the latest quarter strong and more stores planned.