Business & financial

Avon divides its Latin American business in two

Avon divides its Latin American business in two

By Simon Pitman

Avon Products has announced the division of its Latin American business, which will soon be separated into southern and northern countries as part of aims to strengthen marketing and field management.

Makeup remover Albolene acquired by Clarion

Makeup remover Albolene acquired by Clarion

By Deanna Utroske

The skin cleanser along with five other DSE Healthcare Solutions products were purchased by Clarion, a holding corporation newly formed by private equity firm Swander Pace Capital.

Redken selects Brazilian Lea T for new ads

Redken selects Brazilian Lea T for new ads

By Deanna Utroske

Advertising for the company’s Chromatics hair colour line will begin featuring Lea T in 2015. Serving as ‘brand muse,’ she’ll appear in both print and social campaigns for the hair product, which Redken is expanding to include more colors.

Avon turnaround on track as company posts Q3 profit

Avon turnaround on track as company posts Q3 profit

By Andrew MCDOUGALL

Avon Products has made progress in its turnaround bid by posting third quarter net income attributable to the company of $91.4 million, versus a loss of $5.5 million a year earlier.

Revlon see rise in profits on the back of Colomer acquisition

Revlon see rise in profits on the back of Colomer acquisition

By Simon Pitman

Revlon is showing some of the first signs of recovery after it posted third quarter results demonstrating that profits had risen on the back of last year’s acquisition of the Colomer professional salon care business.

A window in on L’Oréal’s digital marketing strategy in Japan

A window in on L’Oréal’s digital marketing strategy in Japan

By Simon Pitman

Junko Miyano, digital marketing manager, Nihon L’Oréal, L’Oreal’s Japanese subsidiary, talked to Cosmetics Design about the company’s digital marketing strategy in the country. Started in 2006, it has evolved rapidly from a small base and a low budget...

Kimberly-Clark cuts 2% of workforce

Kimberly-Clark cuts 2% of workforce

By Deanna Utroske

The company plans to reduce its staff count by as many as 1,300 part of a restructuring that is spinning off health care and refocusing the business on segments including personal care.

CEW honors cosmetics entrepreneurs with Achiever Awards

CEW honors cosmetics entrepreneurs with Achiever Awards

By Deanna Utroske

Cosmetics Executive Women recognized five industry experts this week in New York City—Laura Geller, Alli Webb, Jane Wurwand, Wende Zomnir, and Sissel Tolaas—for their achievements as innovators and business leaders.

Ulta Beauty appoints new independent director

Ulta Beauty appoints new independent director

By Simon Pitman

Ulta Beauty says that Michelle Collins, President of Cambium, a business and financial advisory firm, has been appointed to its Board of Directors, and as a member of its nominating and corporate governance and audit committees.

Avon gets downgraded by Moody’s

Avon gets downgraded by Moody’s

By Simon Pitman

Avon Products has had its senior unsecured note rating downgraded by Moody’s Investor Service, reflecting concerns about the company’s restructuring and general business standing.