The Brazil-based cosmetics company has been given a hefty fine after the government accused it of tax avoidance, a move that has sent share prices tumbling.
It was certainly a Happy Holiday for Ulta Beauty as it posted a 23.3 percent sales increase to reaffirm its fourth quarter outlook and keep it on course for the year.
Avon Cosmetics is looking to secure a bigger portion of the Chinese market in the country this year; and has targeted Malaysia as an integral part of this.
The turn of a New Year always brings with it a host of new business deals, and Beaute Prestige International USA is not one to miss out, having announced a deal with Ferragamo Parfums.
Color cosmetics company Laura Geller Beauty has partnered with Connecticut-based Tengram Capital Partners, LLC, as it looks to expand its reach in both local and global markets.
Fragrance provider Inter Parfums has secured the licensing rights to Alfred Dunhill Fragrances, taking the contract over from current licensee Procter & Gamble.
The sale of Rexam Personal Care to Albéa owner Sun Capital Partners has been approved by the Chinese authorities for $459 million (€347m), allowing the French packaging company to expand its market share in cosmetics.
As December rounds off what has been a tough year for Avon between declining sales and shares, bribery investigations and its CEO stepping down, media reports speculate that Coty may bring its acquisition offer to the table once more.
The fragrance supplier has announced the appointment of Peter Malton to its creative perfumery team where he will be responsible for developing new fragrances, both for its expanding its' external customer base and PZ Cussons brands.
Kanebo Cosmetics has recently unveiled a major new business structure and vision that aims to set the company on course for significant global expansion leading up to 2015 as the domestic market continues to remain subdued.
Skin care maker Senté has entered into an agreement with group purchasing organization Aesyntix Physician Network, as it looks to expand the distribution of its products based on glycoproteins.
Medical Marijuana, a US biotech company, has teamed up with its portfolio company, Phytosphere for its 2013 harvest as it plans to further develop over-the-counter hemp product applications for cosmetics in the coming year.
Avon Products has announced it will pull out of the South Korea and Vietnam markets and cut 1500 jobs worldwide as it continues to look for ways to stabilize the business at a turbulent time.
French firm L’Oréal has opened its $100 million dollar hair colour manufacturing facility in Villa de Reyes, Mexico, which will serve both the North American market and the fast-growing Latin American market.
In a refreshing change, online retailer Beauty Encounter has decided to add a traditional bricks and mortar channel to its online presence with opening of a new flagship store in Orange County.
Delaware-based Impact Colors has signed an agreement with Golden Business Class (GBC) to distribute the pigment producer’s line of color products in Colombia.
Beauty behemoth Coty has found itself in a spot of bother after being hit with a proposed class action lawsuit over misleading claims made about its Rimmel mascara.
Eastman Chemical Company has expanded its distribution network for its sustainable cosmetics products by signing an exclusive agreement with Ross Organics.
Electronic specialist Sony has turned its focus to the cosmetics industry by developing a device that can analyze the condition of the skin whilst also being able to detect blemishes before they appear, thanks to cleverly placed image sensors.
After being landed with a second lawsuit in recent weeks, the Kardashian sisters have hit back at claims that their ‘Khroma’ color cosmetic line is guilty of trademark infringement.
L’Oréal USA has expanded its plant in Kentucky to meet the rising demand for hair care products and with it will create over 200 new jobs over the next three years.
Applied Minerals and HCT Group have announced the signing of a letter of intent to form a joint venture to develop and market an all-natural line of specialty skin care products based on Dragonite Halloysite Clay.
Ulta Beauty today announced its financial results for third quarter ended October 27, 2012, with sales up higher than expectations due an increase in market share across several product categories.
In a move designed to continue the momentum of the company's global expansion, Estée Lauder says it is expanding the executive duties of Jane Lauder and Peter Litchenthal.
This month we have a series of new movers and shakers in the cosmetics industry, including two new executives appointment at Divine Skin, together with a new VP of manufacturing at Amyris.
France-based organic cosmetic provider L’Occitane has shown a big rise in its turnover for the most recent quarter on the back of a strong performance in markets outside of Europe.
The acquisition of color cosmetics company Urban Decay will offer L’Oréal the chance to expand in the USA, and give potential to international growth, despite not being a game changer, according to an analyst.
The Liz Taylor estate, which includes The Liz Taylor Trust, Interplanet Productions Limited and Elizabeth Taylor Cosmetics Company, has won the right to the domain name LizTaylor.xxx.
Nu Skin Enterprises has signed an agreement to acquire NOX Technologies,a biotechnology and biodiagnostic company based in Malvern, Pennsylvania for $12.5 million, giving its research and development efforts and important boost
Procter & Gamble may have turned a corner in the past few months, and with margins showing improvement for the first time in many quarters, financial analysts are starting to give the business a more positive outlook.
Solazyme and Archer-Daniels-Midland Company have joined forces to produce the former’s tailored algal oils in ADM's advanced fermentation plant at Clinton, Iowa.
Allergan, the maker of injectable anti-wrinkle treatment Botox, has acquired SkinMedica in a deal that will see an upfront payment of $350m for the business.
Cosmetics firm Estée Lauder has announced that it will double the number of group presidents at the company from two to four, as it looks to evolve its operational design going forward.
Cosmetics giant L’Oréal has looked to bolster its presence in the Kingdom of Saudi Arabia by establishing a new subsidiary based on a joint venture with Al Naghi Group; a move which will create local jobs.
The Scent & Care division of Symrise Brazil has become the first fragrance and flavor firm to join the Union for Ethical BioTrade (UEBT), as it seeks to promote biodiversity conservation.
Brazilian Blowout has moved production of its hair smoothing treatment, Acai Professional Smoothing Solution, from Brazil to a facility in Southern California.
With the latest research from Mintel revealing the that color cosmetics market accounts for nearly a third of sales in many Asian countries, NYX Cosmetics has, like many brands before it, made the move into the region with its 'affordable luxury’...
Fragrance player Inter Parfums saw its net sales drop for the third quarter ended September 30, 2012, despite results in the US making up for losses from its European operations.
L’Oréal CEO Jean-Paul Agon has stated that he does not expect any change in the next twelve months for the global cosmetics market after the French firm posted its third-quarter sales in which growth has slowed.
Prestige beauty firm Elizabeth Arden reported better-than-expected revenue in its first quarter results, thanks to the launch of several new fragrances; although these purchases affected profits.
With Procter & Gamble expecting that an emphasis on innovation and new product roll out will prove an essential route out of its current problems, the company has chosen to honor its preferred innovation partners.
Estée Lauder reported good sales growth in all regions except for Europe, where economic problems mean consumers are having to cut back on their spending.
Avon Products has reported another big dip in sales and net profit for its third quarter as the company continues to battle operational challenges and a sliding market share.
With an estimated 70 percent of US cosmetics and personal care players said to be operating within a 200 mile radius of New York City, the industry is expected to take a significant impact from the damage wreaked by one of America's biggest ever...
Beauty behemoth L’Oréal has targeted further growth in the Latin American cosmetics market with the announcement that it will acquire the Vogue mass-market make-up brand in Colombia from its shareholders.
