The US-based company has announced an agreement with the Anglo-Dutch consumer giant to purchase the Sanex brand, as it focuses on its higher-margin oral care, personal care, and pet nutrition businesses.
P&G says that it will strive to certify all new production facilities according to Leadership in Energy and Environmental Design (LEED) certifcation standards.
Unigen and Estée Lauder have announced they have signed an exclusive product license and supply agreement granting the cosmetics company the rights to any groundbreaking discoveries.
Big US personal care players struggling with increasing raw material prices are announcing retail price increases to ease the pressure on shrinking margins.
International Flavors and Fragrances (IFF) has said that rises in input costs have been more exaggerated than were first predicted, leading the company to enter into ‘aggressive’ pricing strategy negotiations.
Berkshire Hathaway is to buy specialty chemicals company Lubrizol in a deal worth $9.7bn, one of the largest acquisitions in the investment holding company’s history.
Beauty retailer Ulta Salon has reported strong sales and profits for both the fourth quarter and the full year citing new stores and its internet platform as growth drivers.
Procter & Gamble has announced a change to its global product supply team following the retirement of Keith Harrison who has been with the consumer goods company for over 41 years.
International Flavors & Fragrances has appointed Anne Chwat as senior vice president, general counsel & corporate secretary, together with two new executive directors.
Global luxury group LVMH has announced the appointment Christopher de Lapuente as global president and CEO of fragrance retailer Sephora, effective at the end of March.
Inter Parfums posted an increase in sales for 2010 thanks to a strong economic rebound and product launches across the globe, which all came despite a decline in sales in Q4.
Symrise exceeded its sales and earnings for fiscal year 2010 thanks to the global economic recovery, strong boost in demand and a solid positioning in emerging markets.
The organizers of Health and Beauty America (HBA) say the show has been targeted by the US Department of Commerce’s International Buyers Program (IBP).
The Bulgari Group has joined forces with the LVMH Group to establish its long term development in the cosmetics and fragrance, as well as the watch and jewellery market segments.
The forced sale of the Sanex brand by Unilever is attracting some of the biggest global players in the personal care business, with names such as P&G, Henkel and Colgate-Palmolive rumored to be playing a key part in the bidding process.
Oregon Occupational Safety and Health Administration (OSHA) has announced that the makers of the Brazilian Blowout hair straightening treatment, has dropped the lawsuit against the Oregon agency.
Fashion designer John Galliano has hit back over accusations made against him, releasing a statement denying all claims, although he has also apologised for any offensive behaviour.
The Esée Lauder Companies has appointed Wei Sun Christianson to its board of directors, a move aimed at tapping into key knowledge of the fast expanding China market.
International Stem Cell (ISCO) has announced that it’s wholly owned subsidiary Lifeline Skin Care and its new stem cell skin care line has exceeded sales expectations since its trial launch at the tail end of last year.
Fashion designer John Galliano has been sacked by fashion and cosmetics company Dior following accusations that he made antisemitic and racist remarks during a drunken rant.
US biotech company Amyris has reported the first sale of its renewable product squalane by collaboring with a green ingredient supplier to the cosmetics industry.
Cosmetics company Kao is suing Dusseldorf-headquartered Henkel over the sale of its foaming hair care products in Germany and Japan, insisting Henkel is infringing its intellectual property rights.
Procter & Gamble CFO Jon Moeller says the company still aims to increase its market share significantly in the course of the year, despite the spectra of rising costs.
Following a disappointing fourth quarter Avon Products has reappointed its existing CFO Charles Cramb to head up its developed markets group, leaving the key finance position vacant.
Personal care ingredients provider Croda International has reported a healthy rise in both sales and profits for its fourth quarter and says future growth will centre on developing markets.
The brother of Bare Escentuals’ former director of tax is being accused of using confidential information regarding Shiseido’s acquisition of the company to inform his purchases of stock.
Global cosmetics firm Revlon announced its fourth quarter and year results, reporting an overall increase in net sales despite problematic currency fluctuations in Latin America.
Sweden-based anti-aging provider Q-Med has forged a settlement between its US subsidiary Medicis Pharmaceutical and Genzyme over a patent infringement.
Cosmetics provider and retailer Sally Beauty has reported a significant rise in its first quarter profits on the back of healthy gains in its like-for-like sales.
IFF reported strong sales and profits growth in Q4 for both its fragrance and flavors divisions on the back of big gains in its Latin America and Greater Asia markets.
Avon Products has reported flat sales for it fourth quarter the negative impact of currency translations and falling sales for skin care and color cosmetics.
After making inroads into color cosmetics and skin care through several acquisitions in 2010, fragrance and cosmetics player Coty has said it will look to China and Brazil in 2011 as part of its plan to target high-growth opportunities in emerging markets.
LVMH Moet Hennessy Louis Vuitton has acquired botanical skin care company Ole Henriksen, in a move that will se the further development of the brand worldwide.
Japanese cosmetics brand Shiseido has said that if consumer demand and the appropriate retail channels exist, it will continue to expand into new markets as part of its aim to become ‘a global player representing Asia with its origins in Japan’.
Procter & Gamble is starting to win back market market share it lost during the financial downturn as consumers shifted to value products and private label.
Parlux third quarter results show a significant drop in sales, due mainly to the loss of a contract to supply retailer Guess with fragrance and personal care products.
The company reported healthy growth in both sales and profits for the fourth quarter, although growth has declined over the course of the financial year.
Fourth quarter sales and net income for the beauty business of the Tupperware group was up on last year but its US operations still recorded a drop in sales.
A significant drop in profit and weaker domestic sales in the first nine months of 2010 has led Japanese-headquartered Shiseido to lower its forecasts for the full year.