Business & financial

Avon to close all French operations

Avon to close all French operations

By Chris BARKER

US cosmetics giant Avon has announced that it will close down all of its French operations at the end of this month as the result of declining sales and consistent operating losses.

Euromonitor gives insight on Nestlé / L'Oreal stake

Euromonitor gives insight on Nestlé / L'Oreal stake

By Michelle Yeomans

As Nestlé investors meet at its headquarters for a seminar today, what the company plans to do with its' L’Oreal stake will, without doubt, still be at the forefront of minds. Here, Euromonitor reveals why the sale could potentially happen...

Coty Q4 profits ‘better than expected’

Coty Q4 profits ‘better than expected’

By Andrew MCDOUGALL

Coty says fourth quarter profits are better than expected with fragrance and skin care seeing particular gains in Asia, having posted its first quarterly results as a public company.

IT Cosmetics receives investment to expand in US

IT Cosmetics receives investment to expand in US

By Andrew MCDOUGALL

IT Cosmetics has received a welcome financial boost from an investment firm to expand its range of products in the US as the multi-purpose trend begins to really take off.

Colep and One Asia Network announce manufacturing agreement

Colep and One Asia Network announce manufacturing agreement

Colep and the One Asia Network have announced a Manufacturing and Technology Agreement, which will cover the whole of their respective organisations and thereby give supply coverage from Australia, Japan, China, Thailand, India, Poland, Germany, Spain,...

Croda releases mobile hair damage guide

Croda releases mobile hair damage guide

By Chris BARKER

Cosmetics ingredients company Croda International have announced the release of an updated, iPad-compatible version of its Interactive Hair Damage Guide.

Beauty focus sees new DSM brand identity

Beauty focus sees new DSM brand identity

By Andrew MCDOUGALL

Ingredients supplier DSM has refocused its beauty business to better position itself in the cosmetics and personal care market and claims a new brand identity will help it to better connect with customers and consumers.

Investment community gives Estée Lauder the thumbs up

Investment community gives Estée Lauder the thumbs up

By Simon Pitman

Following on from its continued strong performance so far this year and predictions that further growth is on the cards, a number of industry analysts and banks have indicated their favorable opinion on the company’s performance.

IMCD expands into Brazil market with acquisition

IMCD expands into Brazil market with acquisition

By Simon Pitman

Netherlands-based specialty chemicals players IMCD has increased its footprint in the Latin American market with the acquisition of the Brazil-based chemical distributor Makeni Chemicals.

Ted Gibson creates color cosmetics line

Ted Gibson creates color cosmetics line

Celebrity hairstylist Ted Gibson has announced the release of a new color cosmetics line that contains an extensive selection of eye shadows, lipstick and lip glosses, eyeliners and mascaras.

Avon hires new head of Strategy as turnaround continues

Avon hires new head of Strategy as turnaround continues

By Andrew MCDOUGALL

Avon Products has taken another step towards its major turnaround with the announcement that Brian Salsberg has been appointed as senior vice president, Global Strategy, effective September 23.

Galderma granted FDA approval for gel

Galderma granted FDA approval for gel

Switzerland-based company Galderma Laboratories has secured Food and Drug Administration (FDA) approval for its Mirvaso topical gel product, which targets rosacea in adults.