In a bid to restructure its operations to improve operating efficiency, color cosmetics player Revlon will axe approximately 250 jobs throughout the company.
The global luxury group has filed a countersuit after it says it learned via a French media dispatch that Hermès had filed a lawsuit on the circumstances through which it had acquired shares in the company back in 2010.
Cosmetics giant Estée Lauder states that the future looks bright for its online business and will continue to grow in the digital arena as an integral part of the company’s marketing efforts.
A leading Aveda executive has spoken to Cosmetics Design in an exclusive interview where she highlights the fact that sustainability is integral to how the company does business.
A string of executive appointments have been recently announced at chemical and ingredient players Lubrizol and Hallstar, while the executive board at beauty supplier Sally Beauty gets a make-over.
The supplier of natural oral and personal care products has partnered with TerraCycle, a recycling developer, to give a second life to product packaging.
Cosmetics giant L’Oréal has seen success in ‘New Markets’ drive sales in the first half of 2012 as the company’s revenue continues to grow faster than the market, but profit margins missed out on analyst estimates.
The global chemicals company is collaborating with a specialist in renewable fermentation and a bio-based producer of chemicals used in plastics and ingredients, to develop technologies to produce acrylic acid from renewable raw materials.
Despite awareness of natural and organic cosmetics remaining low, major naturals player Weleda says it sees huge potential for further expansion in the region.
L’Oréal skin care brands La Roche-Posay and Vichy Laboratories have announced a US expansion into select Walgreens locations as the cosmetics firm looks to target women’s skin care needs in the country.
The latest People On The Move is highlighted by the appointment of Cheryl Heinonen as group vice president of global corporate relations, together with key new positions at CCA Industries and Lubrizol.
Three law firms have announced that they are launching investigations into the proposed $65m acquisition of cosmetics player Physicians Formula by investment company Swander Pace Capital.
The company traditionally known for specialising in nutritional supplements has announced its expansion into the cosmetics sector with skin care said to provide a healthier option for consumers.
Switzerland-based flavours and fragrance business Givaudan showed strong financial results for the first half of the financial year, mainly on the back of gains in its fragrance division.
California cosmetics and skin care maker Physicians Formula has been acquired by private equity company Swander Pace Capital, providing the business with further resources for expansion.
Luxury fragrance and cosmetics player Estée Lauder has reported a strong rise in full year and third quarter sales on the back of continued sales growth in the US, China and from its travel retail business.
Fragrance player Inter Parfums has reported strong gains in both its net profit and revenues for the second quarter, with the biggest revenue increase seen in its US-based business.
Color cosmetics and fragrance maker Elizabeth Arden reported health gains in revenue for its fourth quarter, but net profit is hit by licensing acquisition costs.
Pop star Rihanna has been dropped from a multi-million Euro advertising campaign sponsored by Germany-based cosmetics and personal care giant Beiersdorf for its Nivea skin care brand.
Procter & Gamble has announced its fourth quarter and full year results, showing sales for the last three months were slightly down, but profits rise on higher retail prices and cost savings.
Lingerie and now personal care giant Victoria’s Secret is said to be suing global color cosmetics player Urban Decay, over the trademarked term ‘Naked.’
Chemicals giant Eastman has reported a mixed performance for its four business divisions, leaving sales revenues for the second quarter stagnant and profits down.
Symrise has announced the opening of its 'Center of Excellence' near São Paulo, which has been in progress over the last twelve months in an effort to strengthen its presence in Latin America.
Energizer reported a drop in its third quarter sales on the back of lower personal care revenues, while net profit figures were also below expectations.
Avon Products has reported one of its worst quarterly results in many years, with both sales and profits taking a big hit on the back of tough market conditions and an ill-defined product portfolio.
Revlon’s second quarter results struggle under the weight of charges, currency translations and falling sales in Europe and Asia, but strong results in the Americas help fend off bigger losses.
The Japanese company announced it has bought 25 percent of Biogenic, a firm specializing in cosmetic material technologies in an effort to expand into the cosmetics industry.
Burberry and Inter Parfums have announced that after months of negotiations, the two companies will not renew their fragrance and cosmetics licensing agreement.
In celebration of the Opening Ceremony of the London 2012 Olympic Games and wishing Team USA a great start, Procter & Gamble and its brand Gillette celebrated the Olympic Games by creating a massive hologram lightshow of two of USA’s medal hopefuls,...
Microbiology testing provider Nelson Laboratories has announced the opening of a new building it recently acquired adjacent to its current facilities that will support the development and production of safe cosmetics.
Shiseido Americas Corporation (SAC), the US subsidiary of Tokyo-based Shiseido has announced the appointment of Jeanette Garner as vice president of E-Commerce.
Strong Burberry sales during its second quarter put fragrance player Inter Parfums in a strong enough position to raise guidance for the fully 2012 financial year.
Procter & Gamble has filed an infringement lawsuit in the US against Team Technologies, claiming the company is violating the company’s intellectual property rights.
The Procter & Gamble executive board says it will stand by its CEO Bob McDonald, while activist shareholder Bill Ackman claims that his newly acquired stake in the business makes him influential.
Johnson & Johnson announce a drop in sales for its second quarter, as the company struggles against tough market conditions in the US and negative currency translations.
British fashion brand Burberry continues to discuss the future of its fragrance and beauty licensing agreement with Inter Parfums, which may result in the termination of the contract at the end of this year.
New Jersey-based CCA Industries has reported strong financial results for the second quarter as it continues to focus on niche products for the US market only.
Inter Parfums has announced that since December 2011, the fragrance company and its subsidiary, Burberry have been engaged in discussions on the creation of a new operating model for the business.
The Independent Cosmetic Manufacturers & Distributors association is holding a presentation on the back of next week's Cosmoprof event in Vegas that will focus on the top three challenges facing industry professionals today.
The recent announcement that an activist investor has taken a substantial stake in P&G has led to further speculation about the company’s future, including that of CEO Bob McDonald.
Reports that the Pershing Square Capital management company has bought a significant stake in P&G have given a boost to the company’s share price, and also comes at a time when the consumer goods giant is under pressure to improve its performance.
Korean airless manufacturer Yonwoo has made an $8 million investment to expand its production capability of low-cost airless packaging in anticipation of increased demand.
US beauty brand Revlon has announced that it has acquired certain assets of Bari Cosmetics, including the trademarks and intellectual property related to its Pure Ice nail enamel and Bon Bons cosmetics brand.