Canada one step closer to animal testing ban with Senate bill
Canada is one step closer to ushering in a wholesale ban on cosmetics tested on animals thanks to the introduction of the Cruelty-Free Cosmetics Act Senate bill S-214 to the legislature last week. If passed, the bill would prevent the sale of cosmetic products or...
Tengram Capital invests in niche luxury US retailer Cos Bar
Luxury cosmetics retailer Cos Bar USA has announced that is has signed a definitive agreement to receive an undisclosed investment from specialty private equity firm Tengram Capital Partners. Founded in 1976, Cos Bar was one of the first independent luxury cosmetics...
Solvay completes US$5.5 billion Cytec acquisition
Solvay has successfully completed the purchase of Cytec, and aims to fully consolidate its US counterpart within the group by January 1, 2016, in order to deliver cost synergies and capture significant business opportunities. The Belgian company has promised to...
Lack of disposal income hits PZ Cussons in Nigeria
PZ Cussons has released a trading update in respect of the first half of the year, warning that risks remain in its key market: Nigeria. The personal care and beauty product manufacturer is expected to report ‘broadly flat’ profits for the first half of the year ended...
Symrise goes digital with new genealogy fine fragrance app
Fragrance behemoth Symrise has entered the digital world with the launch of its new app for mobile devices that allows users to search for any fragrance, called The Symrise Genealogy App. There are both male and female versions which have a user-friendly navigation...
High quality cosmetics key to economic sustainability in Nigeria
Ikpong Umoh, Chairman of Toiletries and Cosmetics Group (TC) has spoken of his desire to maintain economic sustainability in Nigeria through the production of high quality toiletries and cosmetics. Speaking at the 2015 Annual General Meeting and End of Year...
FDA Phillapines warns against unregistered cosmetics
As more and more consumers purchase cosmetics in the run up to Christmas, the Philippines Food and Drug Administration (FDA) has warned against buying personal care goods such as imported shampoo, toothpaste, hair dye, and facial creams. In an advisory...
Iberchem appoints new Global Sales Director
Fragrance leader Iberchem has announced the appointment of Louis Lecoeur as Global Sales Director. The appointment will see Lecoeur lead the global sales team of the company alongside overseeing the expansion of its commercial activities in key markets. It falls in...
Estée Lauder: Due to relocate?
Cosmetics giant Estée Lauder is possibly looking to relocate its head office from Boston Properties’ General Motor Building, and has enlisted the help of property company CBRE to help ascertain whether it should remain in the building. According to the Commercial...
Dow Chemical and Dupont in merger talks
Chemical behemoths Dow Chemical and Dupont could announce plans to combine in what would be one of the biggest deals of 2015, according to the Wall Street Journal. The two companies, which are said to be worth nearly $120 billion combined and are two of America’s...
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