Business & financial

Galderma expansion project awarded public funding

Galderma expansion project awarded public funding

By Deanna Utroske

The Nestlé Skin Health division is building on to its existing North American manufacturing plant, boosting production capacity and increasing employment at the site by more than 20%.

Ulta gets new private equity investment boost

Ulta gets new private equity investment boost

By Simon Pitman

A number of investment companies have all raised their stakes in the business during the past two quarters, as part of efforts to raise capital in the business, which has been performing strongly of late as executives look to raise capital for further...

P&G results get thumbs up from investors

P&G results get thumbs up from investors

By Simon Pitman

Procter & Gamble’s second quarter results showed an increase in core sales and improved profit margins, beating analysts’ expectations and sending share prices up.

Kimberly-Clark results points to challenges in 2016

Kimberly-Clark results points to challenges in 2016

By Simon Pitman

Kimberly-Clark reports a rise in organic sales for its fourth quarter, but net results are hard hit by the strength of the dollar against foreign currency, a problem that is underlined in the company’s 2016 outlook.

Bell Flavors and Fragrances has a new senior perfumer

Bell Flavors and Fragrances has a new senior perfumer

By Deanna Utroske

Promoted from within, the new lead perfumer will bring his extensive background in the industry to bear on Bell’s personal care fragrance division.  The company has announced the hire of a new fragrance quality control manager as well.

Who will acquire Revlon?

Who will acquire Revlon?

By Deanna Utroske

That’s the question majority owner Ron Perelman is asking—late last week he filed a statement with the US Securities and Exchange Commission declaring that his investment firm is exploring strategic alternatives involving the company.

Indie beauty gets backing from community banks

Indie beauty gets backing from community banks

By Deanna Utroske

Privately owned cosmetics and personal care brands garner a lot of attention when it comes to M&A activity, but local financial institutions are backing local brands and helping independent beauty grow too.

New business model emerging at H20 Plus

New business model emerging at H20 Plus

By Deanna Utroske

The personal care company is prepping for a brand relaunch this spring; in the meantime H20 Plus has shuttered another store and is halting operation at its Chicago area manufacturing facility. 

Avon North America will be a privately held company in 2016

Avon North America will be a privately held company in 2016

By Deanna Utroske

This morning, Avon announced its acceptance of a $605m equity investment from Cerberus Capital Management that will help the direct-sales beauty company develop further internationally, deliver value to shareholders, and (for now) let the North American...

P&G sustainability report focuses on renewables

P&G sustainability report focuses on renewables

By Simon Pitman

Procter & Gamble has published its 17th annual sustainability report, sending out a clear message that renewable energy and materials are an integral part of its goals, moving towards 2020.

IFF updates corporate image in time for the New Year

IFF updates corporate image in time for the New Year

By Deanna Utroske

This month the fragrance and flavors manufacturer rolled out a new look and new mission that puts innovation first and is meant to position the company as the go-to industry partner for profitable endeavors.

WorldStar Packaging Awards for health and beauty announced

WorldStar Packaging Awards for health and beauty announced

By Simon Pitman

The WorldStar Awards for health and beauty have been announced, ahead of specialized award winners which will be revealed in January, and it seems The Americas have been left behind by stiff competition in Europe and Asia.

DuPont and Dow merger set to form mega chemical company

DuPont and Dow merger set to form mega chemical company

By Simon Pitman

DuPont and Dow are to merge with the intention of forming three divisions that will include a material science business as the focus for cosmetics and personal care ingredients, that will eventually be spun off into three separate companies.

Dow and DuPont on the brink of a merger

Dow and DuPont on the brink of a merger

By Deanna Utroske

The consolidation of these US chemical corporations will be a game changer for the personal care and cosmetics industries and have staggering economic implications on a regional, national, and global scale.

GOJO announces 2020 sustainability objectives

GOJO announces 2020 sustainability objectives

By Deanna Utroske

The company’s five-year plan takes social, environmental, and economic issues into account and is a case in point of how one personal care company is setting goals to make sustainability happen.

Avon share prices yoyo on further investor speculation

Avon share prices yoyo on further investor speculation

By Simon Pitman

The past week has seen Avon Products’ share price fluctuate significantly as hoax news that Oprah Winfrey was about to invest in the company gives way to talk of trying to prevent a potential ‘fire sale’.

CD Buzz: This is what independent beauty will look like in 2016

CD Buzz: This is what independent beauty will look like in 2016

By Deanna Utroske

Indie beauty insiders Jillian Wright, Jessica Richards, and Nader Naeymi-Rad weigh in on the future of this dynamic category with predictions for 2016, commentary on the response from big beauty, and the evolution of the Indie Beauty Expo event. 

Hoax! Oprah is not about to invest in Avon

Hoax! Oprah is not about to invest in Avon

By Simon Pitman

Avon stock prices soared by as much as 17% yesterday as rumors circulated that Oprah Winfrey wanted to invest in the cosmetics giant – a story that has proved to be a hoax.

Croda announces new head of personal care

Croda announces new head of personal care

By Simon Pitman

Croda International will be appointing Sandra Breene as head of the company’s global head of personal care and actives following the retirement of Kevin Gallagher at the end of the year.

Is a turnaround finally in sight for troubled Avon?

Is a turnaround finally in sight for troubled Avon?

By Simon Pitman

After several years of steep decline for one of the biggest cosmetic players in the world, a positive rating from Citibank has sent stock prices surging amidst renewed hopes of improvements.