Business & financial

Restorsea files lawsuit against Aqua Bio Technology

Restorsea files lawsuit against Aqua Bio Technology

By Simon Pitman

US-based skin care company Restorsea has filed a lawsuit again Norway-based Aqua Bio Technology (ABT) claiming it breached a businsess contract, allegations ABT says it will fight against.

Avon eager to settle ongoing bribery probe

Avon eager to settle ongoing bribery probe

By Andrew MCDOUGALL

Avon Products is in advanced talks with federal authorities in a bid to settle a long-running bribery probe and boost its global performance.

Analysts report upturn for Ulta Salon

Analysts report upturn for Ulta Salon

By Michelle Yeomans

Good news came for Ulta Salon’s cosmetics division today as InvestorsObserver analysts identified the brand as being well-positioned for a 'new covered call'.

Estée Lauder U.S. business stands firm but Q2 earnings drop

Estée Lauder U.S. business stands firm but Q2 earnings drop

By Andrew MCDOUGALL

Estée Lauder reported a 3% decline in earnings for its second quarter as higher sales, among which were in the U.S. and Americas, were more than offset by an increase in operating expenses as well as softer-than-expected demand in some markets.

Elizabeth Arden role for ex-P&G CFO

Elizabeth Arden role for ex-P&G CFO

By Andrew MCDOUGALL

Elizabeth Arden has turned to ex Procter and Gamble man Rod R. Little to become its new Executive Vice President and Chief Financial Officer.

Bobbi Brown incorporates ‘CC’ benefits for the West

Bobbi Brown incorporates ‘CC’ benefits for the West

By Michelle Yeomans

From whitening to BB/CC creams and TCM ingredients, the Asian markets have become a main source of inspiration for the western beauty markets. Bobbi Brown is the latest brand to tap into the trend..

P&G delivers mixed results for its second quarter

P&G delivers mixed results for its second quarter

By Simon Pitman

Procter & Gamble reported mixed results for its second quarter with net sales remaining unchanged, a result boosted by emerging markets, but negatively impacted by foreign currency and slow beauty sales in developed markets.

Is Ulta on a downward spiral as reports claim?

Is Ulta on a downward spiral as reports claim?

By Michelle Yeomans

Some of the largest U.S. brands have been falling on hard times of late and rumours have been circulating that beauty retailer Ulta Salon is suffering most of all. Here, Cosmetics Design takes a look into the matter. 

China authorities put Nu Skin under investigation

China authorities put Nu Skin under investigation

By Simon Pitman

China authorities have put direct sales player Nu Skin under investigation, following a report in the China newspaper People’s Daily last week that the company has been operating an illegal pyramid scheme.

Nu Skin comes under attack from China media

Nu Skin comes under attack from China media

By Simon Pitman

Direct sales giant Nu Skin has come under attack after a newspaper in China, one of its biggest market, accused the company of operating an illegal pyramid scheme to sell its products.

Chanel skin science investment driving its portfolio

Chanel skin science investment driving its portfolio

By Michelle Yeomans

Despite Chanel’s vast portfolio of luxury goods, it’s the brand’s investment in the cosmetics sector that is coming up trumps, currently accounting for 55% of its annual revenue.

E.l.f. Cosmetics is up for sale

E.l.f. Cosmetics is up for sale

By Michelle Yeomans

The ‘eyes lips face’ cosmetic brand has reportedly hired retail boutique investment bank Financo LLC to put it up for sale.