Business & financial

People on the move – the latest industry appointments

People On The Move

People on the move – the latest industry appointments

By Simon Pitman

This month has seen a key executive appointment at skin care specialist Arbonne, an executive reshuffle at ingredients provider Presperse and cosmetics lawyer Angela Diesch has joined a new practice.

Avon cleared of bribery charges in China

Avon cleared of bribery charges in China

By Andrew MCDOUGALL

Cosmetics maker Avon has been cleared of the bribery charges it faced in China by a New York Judge, in a case that had been ongoing for a number of years.

BASF backs passing of Sunscreen Innovation Act

BASF backs passing of Sunscreen Innovation Act

By Michelle Yeomans

The Sunscreen Innovation Act, approved by the Senate Committee on Health, Education, Labor and Pensions (HELP) this week has been backed by chemical company BASF.

3D Harvard make-up invention to change the whole beauty game

3D Harvard make-up invention to change the whole beauty game

By Michelle Yeomans

‘3D' printing is the buzz word of the moment in the cosmetics industry. The latest innovation in the area claims consumers can make their own colour cosmetic formulations at home for a fraction of the price that beauty brands charge. This has seen...

Russia’s sanctions slowing down cosmetics business

Russia’s sanctions slowing down cosmetics business

By Michelle Yeomans

Global personal care players are reporting the Russian cosmetics market to have slowed down due to sanctions imposed on Russia by western countries as well as the ongoing military conflict in Ukraine.

NYX Cosmetics announces beauty vlogging champion

NYX Cosmetics announces beauty vlogging champion

By Lucy Whitehouse

NYX Cosmetics has announced this year’s winner of its annual video content competition, which pits beauty bloggers against each other in order to determine the ‘Beauty Vlogger of the Year’.

Cosmetics Design is looking for a news reporter

Cosmetics Design is looking for a news reporter

By Simon Pitman

The Cosmetics Design team is looking to expand its coverage of the cosmetics and personal care industry in the Americas and would love to hear from you if you think you have what it takes to file cutting edge, headline-grabbing news.

M&A activity hots up as the US economy improves

M&A activity hots up as the US economy improves

By Simon Pitman

As many of the leading cosmetics and personal care players emerge from the economic downturn relatively unscathed, it seems that now looks like a good time to go corporate shopping.

Mary Kay appoints new VP Corp. Comms and CSR

Mary Kay appoints new VP Corp. Comms and CSR

By Andrew MCDOUGALL

Cosmetics seller Mary Kay announces the promotion of Crayton W. Webb to Vice President of Corporate Communications and Corporate Social Responsibility.

Colgate brand suffers following triclosan concerns

Colgate brand suffers following triclosan concerns

By Simon Pitman

The global rating for the Colgate-Palmolive brand has taken a hit according to the UK-based YouGov BrandIndex, which indicates its ‘buzz score’ has fallen to a 14 month low.

M&A a high priority for Estée Lauder

M&A a high priority for Estée Lauder

By Andrew MCDOUGALL

Estée Lauder sees merger & acquisition activity as a high priority as it looks to grow more following strong financial results.

Valeant's hostile bid for Allergan hits hurdles

Valeant's hostile bid for Allergan hits hurdles

By Simon Pitman

Pharmaceutical giant Valeant’s move to create a second-step merger with Botox-maker Allergan has hit hurdles, as Allergan’s CFO resigns at the same time the company is said to be seeking out an alternative buyer.

People on the move: the latest industry appointments

People on the move: the latest industry appointments

By Simon Pitman

The latest installment of people on the move brings you two leading appointments at Croda’s US operations, together with the appointment of the new head of the Walgreens Boots Alliance.

New study backs hair regrowth reduction claims

New study backs hair regrowth reduction claims

By Andrew MCDOUGALL

A new independent clinical study demonstrates a substantial reduction in hair regrowth following use of the no!no! Hair product, much to the joy of manufacturer Radiancy, a Photomedex subsidiary.

Skinvisible expands with new anti-aging subsidiary

Skinvisible expands with new anti-aging subsidiary

By Andrew MCDOUGALL

Skinvisible will take further steps into the skin care field after launching a new wholly-owned subsidiary called Kintari that will market a premium line of products powered by the company's patented Invisicare technology. 

Nu Skin Q2 results see significant decline

Nu Skin Q2 results see significant decline

By Simon Pitman

Skin care specialist Nu Skin says continued problems in its China operations have weighed heavily on its second quarter results, causing revenues and profits to fall.

Hallstar acquires Florasolvs natural esters line from Floratech

Hallstar acquires Florasolvs natural esters line from Floratech

By Andrew MCDOUGALL

Hallstar expands its natural functional ingredients portfolio by acquiring the Florasolvs natural esters product line of specialty ingredients from botanically-derived ingredients player FloraTech, in a move that will boost its skin and hair care offering.

P&G CEO pledges to cut brand portfolio by more than half

P&G CEO pledges to cut brand portfolio by more than half

By Simon Pitman

Following a financial year where Procter & Gamble has seen its sales continue to slide, the company has announced that it will slash the size of its product portfolio by more than half in an effort to make the business more efficient.

P&G fourth quarter shows continued slide in sales

P&G fourth quarter shows continued slide in sales

By Simon Pitman

Procter & Gambler has revealed that its net sales slipped 1% in the fourth and final quarter of the year, capping off a challenging year, with the company now set on a major brand portfolio shake up.

Avon turnaround is ‘taking longer than anticipated’

Infographic

Avon turnaround is ‘taking longer than anticipated’

By Andrew MCDOUGALL

Avon Products admits that the company’s turnaround is taking longer than expected due to a difficult financial climate and tough markets, after announcing profits shrank in its second quarter.

Revlon remains confident despite Q2 profit stall

Revlon remains confident despite Q2 profit stall

By Andrew MCDOUGALL

Make-up manufacturer Revlon has had to battle against a struggling color cosmetics market in the US but remains positive as although profits are down, there has been a small sales increase, particularly in the Professional segment.