Business & financial

People on the move – the latest industry appointments

People on the move – the latest industry appointments

By Simon Pitman

For this latest instalment of people on the move, we bring you the latest industry appointments from color cosmetics specialist United Brands Marketing and natural oils provider Elevance Renewable Sciences.

Is e.l.f. Cosmetics prepping for an IPO?

Is e.l.f. Cosmetics prepping for an IPO?

By Deanna Utroske

Financial news media is reporting that the company has teamed up with underwriters for a stock market launch expected to take place early next year

Spin-off hits Edgewell Personal Care results

Spin-off hits Edgewell Personal Care results

By Simon Pitman

Edgewell Personal care, which was recently spun-off from the Energizer business, has reported weaker financial results as executives continue to establish the framework for a stand-alone business.

Ratings agency warns on Avon Products’ debt levels

Ratings agency warns on Avon Products’ debt levels

By Simon Pitman

Years of poor performance have taken a big toll on Avon Products' balance sheet, with credit ratings agency Fitch Solutions now warning that the cost of protecting the business from defaulting on debt payments is at a record high.

So Coty, why London? CFO gives the relocation reasons…

So Coty, why London? CFO gives the relocation reasons…

By Andrew MCDOUGALL

Coty is relocating its headquarters to London to ensure it is not in the same location as any divisional management offices empowering the business, and also to attract talent to the base, particularly with a new Growth and Digital department being launched.

Coty reveals mixed bag for its first quarter results

Coty reveals mixed bag for its first quarter results

By Simon Pitman

It’s been a busy week for Coty, with announcements for another big acquisition, reorganization plans and now first quarter results that show profits are up while revenues are down.

L’Oréal COO seeks new pastures following India success

L’Oréal COO seeks new pastures following India success

By Michelle Yeomans

After playing an instrumental part in launching the likes of Garnier and L’Oréal Paris Excellence crème in India, Dinesh Dayal has hung up his hat as chief operating officer to start his own advisory company.

Alibaba ramps up efforts to avoid US counterfeit blacklist

Alibaba ramps up efforts to avoid US counterfeit blacklist

By Michelle Yeomans

Major Chinese e-commerce player, Alibaba has written to the US government urging it to not include Taobao and its other trading platforms on a list of 'Notorious Markets' after it was suspected of selling counterfeit goods on its website.

Will state-of-the-art e-commerce shake up the beauty business?

Will state-of-the-art e-commerce shake up the beauty business?

By Deanna Utroske

Next month, color cosmetics startup Karity will let customers return makeup even after trying it out at home. With scrappy innovations like this one, the company is looking to interrupt the industry’s business as usual.

Will Avon’s challenges threaten its chances of outside investment?

Will Avon’s challenges threaten its chances of outside investment?

By Simon Pitman

Avon continues to fight against seemingly never-ending challenges that have battered the company’s stock market performance. Just in the month of September share prices plummeted more than 37%, leading experts to question the possibility of outside investment.

TCH acquires beauty-from-within company Organic Holdings

TCH acquires beauty-from-within company Organic Holdings

By Deanna Utroske

The category continues to evolve as consumers equate wellness with beauty and brands pair up topical products with ingestibles. And, deals like this one suggest that there is a wider market for nutritional beauty product.

AmorePacific looks beyond Asia for business growth

AmorePacific looks beyond Asia for business growth

By Michelle Yeomans

Cosmetics giant AmorePacific is looking to expand its business beyond Asia in new regions like the Middle East and Latin America with five of its popular brands - Sulwhasoo, Laneige, Mamonde, Innisfree and Etude House.

North American market for thioglycolates to skyrocket

North American market for thioglycolates to skyrocket

By Deanna Utroske

The ingredient, central to hair removal products and useful in other personal care items, will be increasingly in demand through 2023, according to new data from Transparency Market Research.

Beauty brands send too many emails!

Beauty brands send too many emails!

By Deanna Utroske

One marketing services company has new data on open rates and send volumes that could help beauty brands adjust their consumer email strategies to greater effect.