Procter & Gamble has announced a disappointing set of financial results as sales drop for the sixth consecutive quarter and profits take a massive hit on unfavourable currency exchange and Venezuela charges.
Procter & Gamble announces that David S. Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as the company’s President and Chief Executive Officer.
Next month Marc Rey steps in as president and CEO of Shiseido Americas; it’s part of the company’s shift to regional headquarters systems and the vision 2020 initiative.
The global cosmetics player has appointed a new president, JuE Wong, effective August 3th, and has also signed an agreement with prestige beauty distributor Luxasia Ventures as it sets its sights on Southeast Asia expansion.
The specialty chemicals company cut the ribbon on its Richmond Business and Innovation Center last week, setting the stage for further growth in North America and a new innovations strategy across the Evonik business.
Anglo-Dutch consumer goods giant Unilever says it expects to make further growth over the next half year having acquired four brands to boost its skin care portfolio in the last six months.
The latest edition of people on the move features key appointments from a cross-section of beauty providers, including Crabtree and Evelyn, Sibu Beauty and Estée Lauder.
The natural skin and hair care company is positioning itself for innovation and growth with this latest appointment; Jackel most previously led one of the fastest growing cosmetic businesses in the mass category.
The Canadian company’s salons double as retail shops for hair care, styling tools, color cosmetics and more. Now with ONCAP’s support, the franchise aims to scale its existing business model to reach even more shoppers across the country.
Speaking at the CEW career development event last week in New York City, Lisa Marie Ringus of 24 Seven shared proprietary insights from the 2015 Beauty Salary & Job Market Report and called for beauty brands to elevate their human resource departments.
Iran and world powers reached a deal to curb Tehran's nuclear activities in exchange for economic sanctions to be lifted; and while it could open up a new market for Western beauty manufacturers, it will be difficult to displace the local players...
Coty interim CEO Bart Becht says the company’s focus will be on becoming a top beauty challenger, strengthening its critical mass in key markets and expanding into new ones, following the merge of Procter & Gamble Company’s fragrance, colour cosmetics,...
The skin care company launched there in 1989, but by this time next year, corporate headquarters will be fully relocated to San Francisco, California, and manufacturing will ultimately be outsourced.
The country’s industrial IPI tax on cosmetics and hygiene products takes full effect this month, and manufacturers and wholesalers anticipate a substantial price lift and simultaneous drop in sales.
After raising over US$15 million in funding from investors, Singapore-based e-commerce platform, Luxola has been snapped up by global luxury goods corporation, LVMH.
In the wake of the last week’s announcement that Coty had bought 43 fragrance, color cosmetic and hair care brands from Procter & Gamble for $12.5bn, the two companies have seen very different reactions from investors.
The inaugural Healthy & Natural Show will offer an ‘extraordinary opportunity’ for product manufacturers and marketers offering healthy and natural products, and for retailers looking to better understand this high growth set of categories.
Confirmation has come through that Coty will acquire 43 fragrance, colour cosmetics, and hair care brands from Procter & Gamble in a deal valued at $12.5 billion (€11.2bn).
Unilever has published its first ever Human Rights report as it aims to document areas where the company has taken significant steps forward and assess some of the challenges ahead, as part of its sustainable development goals.
The founder of Burt’s Bees, one of the forerunners in the natural and organic cosmetic category, has a passed away aged 80, at his home in Bangor, Maine.
Last year, cosmetics industry applications of allantoin constituted nearly 34% of the global market for the ingredient, and demand for personal care products with the keratolytic will help keep the market growing though 2022, according to Grand View Research.
Unilever flexes its skin care muscle once again this time agreeing to buy clinical brand Murad, as it looks to further enhance its position in the market and ‘complement’ recent acquisitions.
The company has further expanded into personal care, beyond its industry beginnings in fragrance, by purchasing fast-growing and top-selling trademarked products.
For the first time, Unilever has entered into a multi-year partnership with youth brand VICE in support of its summer 2015 launch of its female-focused channel, Broadly, with the hope that some of its beauty brands will help engage consumers.
The share price in fragrance and luxury cosmetic player Coty hit a record high in trading on the US Stock Exchange last Friday, as rumors over the expected acquisition of P&G brands continues to mount.
Luxury Institute, a New York-based global luxury research provider, looked into the buying practices of wealthy consumers and discovered that how affluent women shop beauty is exceptional.
The Unilever skin care march goes on as the Anglo-Dutch giant announces it will acquire leading professional brand Dermalogica, with a view to cracking the skin health market given the US-based firm’s offering.
Speculation has been rampant since yesterday’s announcement that newly appointed Coty CEO Elio Leoni Sceti will now no longer take up the position next month.
L’Oréal, Unilever, Procter & Gamble, and Beiersdorf are among 18 companies who were collectively fined €174 million by the Belgian Competition Authority after being found guilty of fixing the prices of personal care products between 2002 and 2007.
Having recently announced the appointment of Elio Leoni Sceti as the next Coty CEO, company executives have announced that he has reconsidered and will no longer take up the role.
At the second annual 'Cosmetics Europe Week' in Brussels, industry experts revealed that the EU cosmetics market showed signs of recovery with 0.5% growth in 2014 – 72.5 billion Euros.
A private equity investment out of New York City has backed the ecommerce beauty site to the tune of $30m in series C finding, just as the Brazilian market opportunity for digital selling is set for sizeable growth.
For the latest edition of People On The Move, we are bringing to you the latest executive appointments at major ingredients player Croda, bioscience company Amyris and packaging provider Gooding
Hindustan Unilever is shaking up its marketing approach by teaming up content creators like Facebook and Google in an effort to move away from traditional product placement.
Share prices in Coty have risen significantly as rumors gather pace that the company has won out in the bidding war to buy part of Procter & Gamble’s beauty portfolio.
Anglo-Dutch giant Unilever has brought together over 100 representatives from academia, NGOs and sector companies including GSK, Mars, and Sainsbury's, as it looks to create a movement for change on zero waste.
Avon has announced an initiative to rebrand with a new global branding strategy, while also taking a significant two-notch downgrade from financial analysts at S&P.
Both Coty and Henkel have made bids to buy separate parts of the beauty business that Procter & Gamble currently has for sale, according to unconfirmed reports.
Late last week, global growth equity firm General Atlantic acquired the shareholding from Weston Presidio and plans to capitalize on the brand’s momentum, acquainting more women with Too Faced.
Emami has moved into the ayurvedic scalp care segment with the acquisition of six year old hair care brand 'Kesh King’, reportedly one of the largest deals in India's FMCG sector.
