Unilever reports Q3 sales growth, turnover fall
Unilever has reported a Q3 sales growth of 3.8 percent with a volume growth of 2.4 percent, however, turnover declined 4.8 percent year on year to 12.5 billion euros, according to the Financial Times. The sales growth was attributed to increased prices to offset...
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Rimmel launches (Street) Art of Beauty immersive live tour
Beauty company Rimmel has kicked off a new immersive US cross-country tour, named Street (Art) of Beauty tour, with the mobile salon visiting seven cities nationwide. The tour will feature an exclusive mobile salon and will have a team of make-up artists to help...
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It’s official: Beiersdorf names Stefan De Loecker as Heidenreich’s successor
The rumors have been confirmed. Beiersdorf has appointed Stefan De Loecker Chairman of the Executive Board, effective January 1, 2019. He will succeed Stefan F Heidenreich, who will step down from the Executive Board a year earlier than originally anticipated on...
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Microsoft Genomics brokers first microbiome genomics partnership with Eagle Genomics
Ground-breaking microbiome data platform Eagle Genomics has announced a partnership with Microsoft Genomics. The e[automateddatascientist] platform can be employed to assess a product’s suitability for retail / consumption by assessing its impact on the microbiome....
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Avon is hoping to snag an 18- to 30-year-old audience with a new campaign produced by AllTogetherNow for its latest launch, a lip tattoo stain, according to a report published by The Drum. The #FinishStrong campaign is the agency’s first beauty launch since it took...
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Givaudan reports Q3 sales growth
Givaudan has reported a 9.8 percent Q3 sales growth, beating industry expectations, according to a report by Reuters. With sales reaching 1.4 billion francs ($1.41 billion), the fragrance maker stated it had continued to implement price increases in order to overcome...
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L’Oréal Russia and Kazakhstan announces Anca Stefan as new Chief Digital Officer
L’Oréal has announced the appointment of Anca Stefan as the new Chief Digital Officer for Russia and Kazakhstan, effective 1st November, according to a report by Business Review. The appointment is a promotion for Stefan who is currently working for the company as...
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Chanel extends Eaux de Chanel range with shower and body care products
Chanel has launched a range of toiletries for its Eaux de Chanel line, which launched in June, according to a report published by BaseNotes. The new products, which include shower gel for hair and body and body lotion are said to both complement and intensify the...
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LVMH Q3: revenue up 10 percent to €11.4 billion
LVMH has reported strong revenue growth for the first nine months of the financial year. The group saw revenue rise 10 percent (reported) to reach €33.1 billion thanks to 10 percent revenue growth in the third quarter continuing the upward trajectory recorded in the...
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Dove gains PETA cruelty-free accreditation as Unilever calls for worldwide animal testing ban
Unilever has announced its support for a global ban on animal testing for cosmetics. The Anglo-Dutch FMCG company is collaborating with Humane Society International, supporting its #BeCrueltyFree initiative. “Animal testing for cosmetics has been banned in the EU...
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Air freight is to be avoided: L’Oréal switches up for sustainable supply chain
L’Oréal has conducted an in-depth analysis of its supply chain in order to determine how it can cut carbon emissions and therefore reach its sustainability goals, according to a report published by Supply Chain Dive. The French beauty giant discovered that while just...
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German Zalando to launch beauty in Austria and Poland; adds male grooming line
German online fashion retailer Zalando is set to expand its beauty offer as well as up its international presence. The Berlin-based e-commerce platform ventured into beauty in March of this year and now lists more than 7,000 SKUs from 150 brands. In July, the company...
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Like mother, like daughter: Lila Moss named as new face for Marc Jacobs Beauty
Marc Jacobs Beauty has announced Lila Moss as the brand’s face for 2019. The brand will debut the first campaign featuring Moss at Harvey Nichols in the UK, which has been announced as the brand’s new exclusive retail partner for the UK and Ireland. The campaign was...
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Unilever U-turns on Dutch HQ after shareholder revolt
Unilever has scrapped plans to move its headquarters to the Netherlands after it failed to gain sufficient shareholder approval ahead of a vote on the issue. The Board issued a statement to that effect on its website on Friday. Some 10 shareholders, with a combined 12...
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Henkel announces positive sustainability results from Netatmo collaboration
Henkel has announced positive sustainability results thanks to a partnership with smart home company Netatmo and the implementation of its smart home technology into its plants. According to a company press release, Henkel has used the Smart Home Weather Stations in...
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UK supermarket chain Sainsbury’s bolsters beauty offering with specialist make-up aisles
Supermarket chain Sainsbury's has boosted its presence in the beauty market with the announcement of specialist beauty aisles in 11 stores across the UK. According to a company press release, the company will also be relaunching its 100-strong Boutique cosmetics...
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104 jobs on the line as Avon cuts back in Corby
The holiday season doesn’t look rosy for staff at Avon’s Corby facility. Avon has announced 104 redundancies at its UK distribution center by the end of the year, according to a report published by the BBC. The Northants facility is said to be staffed by some 240...
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L’Oréal invests in Partech Africa
L’Oréal has announced an investment in the fund Partech Africa, an investment fund launched earlier this year that is dedicated to the development of Tech projects in Africa. The amount was not disclosed. The relationship will allow the French beauty giant to forge...
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Henkel marks 142nd anniversary
Henkel celebrated 142 years of innovation, growth and sustainability leadership globally on Thursday (September 26). “The success of Henkel truly relies on the strength of our employees,” said Jerry Perkins, President, Henkel North America. “Today is a day for us all...
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L’Occitane looks to explore new ideas with launch of start-up studio Obratori
L’Occitane has announced the launch of new start-up studio Obratori, which is located in heart of the Cité de l'Innovation et des Savoirs Aix-Marseille, in a bid to ‘enable new ideas to be explored and developed.’ Following the opening, Obratori will host a dozen...
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Avon just announced its long-term growth plan and the market liked it
Avon saw shares rise 1.7 percent after it announced its long-term financial targets and growth strategy through 2021, according to a report published by Nasdaq. The company plans to return to growth via its Open Up Avon strategy, which will see it renovate the brand...
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AkzoNobel Specialty Chemicals completes acquisition of Polinox
AkzoNobel Specialty Chemicals has completed its acquisition of Brazilian firm Polinox. The deal covers Polinox brands and trademarks, including Brasnox, Perbenzox and TecnoxSuper as well as its customer list and production knowhow. South America’s leading supplier of...
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L’Oréal Paris announces Duckie Thot as new face
L’Oréal Paris has named Australian-Sudanese model Duckie Thot as its latest global brand ambassador, according to a report published by Allure. The appointment has been hailed as a win for diversity – Thot has often spoken out in pursuit of equality and encouraged...
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L’Oréal recognized as Global Compact LEAD by the United Nations
L’Oréal has been recognized as Global Compact LEAD by the United Nations – marking the French beauty giant out as one of the highest-engaged partners of the world’s largest corporate sustainability initiative and demonstrating its ongoing commitment to the UN Global...
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Evonik launches German webshop to sell supplements direct to consumers
Evonik is branching out into consumer products with the launch of a webshop for the German market to sell health supplements direct to consumers, according to a report published by Bloomberg. Medox, as the first supplement to hit the German market is called, is...
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Beiersdorf names new CEO
Beiersdorf is poised to name a new CEO in December, according to a report published by Reuters quoting German Monthly Manager Magazine. Deputy Chief Executive Stefan De Loecker will score the top job at the Nivea manufacturer, succeeding Stefan Heidenreich who...
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Royal connection: Geka names new face Princess Cleopatra zu Oettingen-Spielberg
Geka has announced that it is embarking on a three-year partnership with Princess Cleopatra zu Oettingen-Spielberg. The princess will work with the cosmetics packaging manufacturer to boost local recruitment as well as the company’s reputation in the region. “The...
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Gucci grows beauty presence with new Gucci Beauty Instagram account
Gucci has developed its beauty presence with a standalone Gucci Beauty Instagram account @GucciBeauty that rather than showcase products, instead focuses on a study of the history of beauty, according to Elle.com. The dedicated Instagram account showcases Gucci...
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L’Occitane expands further into China with launch of flagship store on JD.com
French beauty brand L’Occitane is expanding further into the Chinese beauty market with the launch of a new flagship store on JD.com. L’Occitane’s store will sell a full range of the company’s skincare and beauty range with the company offering a free gift to...
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Vanya Panayotova to lead L’Oréal Romania in new appointment as County General Manager
The L’Oréal Group has announced the appointment of Vanya Panayotova as County General Manager for its Romanian arm, effective January 2019. Panayotova will succeed Gilles Antoine in the new role, who has moved into a new position within the group. There will be a...
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No deal: Natura denies Avon takeover rumors
Natura has issued a statement to quell rumors that the Brazilian firm is in talks to takeover ailing Avon, according to a report published by Reuters. “Natura Cosmeticos notifies that there are no talks underway about a possible Avon acquisition,” said the owner of...
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This is how L’Oréal chooses influencers
L’Oréal’s Active Cosmetics division has opened up about its influencer vetting process to marketing publication The Drum. The unit actively seeks ‘micro-influencers’ (those with around 10,000 followers) on Instagram to reach a niche audience that is interested in skin...
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UK Intellectual Property Office finds for Beiersdorf in Nivea smoking trademark case
The UK Intellectual Property Office has stubbed out any hopes that Just Enough Programme had of securing a trademark for the word ‘Nivea’ combined with a circular swirl for use on cigarettes, electronic cigarettes and related products, according to a report published...
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Unilever announces support for Sabah sustainable palm oil project at Global Climate Action Summit
As part of its goal of achieving a deforestation-free supply chain, Unilever will support an initiative led by Forever Sabah, World Wildlife Find Malaysia and PONGO Alliance to help sustainably certify 60,000 hectares of palm oil plantation. The Malaysian state of...
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The Hut Group receives emerging markets award at Sunday Times HSBC International Track 200 awards
The Hut group scooped the emerging markets award at the Sunday Times HSBC International Track 200 awards, according to a report published by The Times. The ninth edition of the annual celebration of the entrepreneurs running Britain’s 200 mid-market private companies...
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Beauty for all: L’Oréal celebrates inclusivity with Paris Fashion Week show
L’Oréal has announced that it will use its Paris Fashion Week runway show to make a ‘powerful statement of inclusivity’. Le Défilé L’Oréal Paris will take place on September 30 on a custom-designed river catwalk located on the Seine River. The catwalk has been...
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Mystery shopper app Shepper raises £4.2 million
An app designed to recruit mystery shoppers named Shepper has raised some £4.2 million in investment from Aviva, according to a report published by The Times. The app, which is used by the likes of L’Oréal et al to check displays and the service on offer in retail...
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Royal DSM leads Dow Jones Sustainability World Index once again
Royal DSM has been named the leader in its industry group in the Dow Jones Sustainability World Index. The ingredients supplier has been recognized as a leader in sustainability for 15 consecutive years and has topped its category a total of eight times. “DSM is a...
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Beauty Bay launches own-brand vegan and cruelty free cosmetics range
Online retailer Beauty Bay has launched a new cosmetics range, kickstarting with three new 42-shade eyeshadow color palettes that are both vegan friendly and cruelty free. The range, named Colour Theory, is the first own-brand offering from the retailer and has been...
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Chanel Limited relocates New York offices to London as company continues to centralize operations in UK
French fashion and beauty house Chanel Limited has relocated its New York offices to London as it continues plans to centralize operations in the UK. While the Chanel Limited offices are closed, Chanel Inc, which oversees the US operations, will keep its offices...
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Maybelline caters to diverse audience with lipstick test on 50 different skin tones
Maybelline has announced it has tested its new Color Sensational Made for All lipsticks on 50 different skin tones in order to ensure the range is suitable for all women and embrace the ongoing movement for diversity. Having been obsessively tested on the different...
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L’Oréal announces appointment of Philippe Cornu as Global Head of Acquisitions and External Business Development
L’Oréal has announced the appointment of Philippe Cornu as the Global Head of Acquisitions and External Business Development. Cornu will succeed Alain Evrard in his new position, who is set to retire. Under Evrard’s leadership since 2007 the French beauty house has...
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Elementis downgrades Mondo Minerals acquisition by $100 million
British speciality chemicals company Elementis is set to pay $100 million less for the acquisition of Mondo Minerals after shareholders voiced their concerns at the original price of the deal. Elementis will now acquire the company from U.S. private equity firm Advent...
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Clean beauty brand Drunk Elephant to launch on UK market?
US clean beauty brand Drunk Elephant is set to launch onto the UK market, according to a report published by Refinery 29. The brand behind the popular Sunshine Drops is among Sephora’s best-sellers in the US and is said to be making the move following Sephora’s...
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German department stores Kaufhof and Karstadt to merge
The owners of German department stores Kaufhof and Karstadt have announced a ‘strategic partnership’, according to a report published by WWD. Karstadt operator Signa Group will pay CAD616 million to acquire a 50.01 percent stake in Hudson’s Bay Co’s (HBC) German...
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Red letter day: Chanel dresses No 5 in red for limited edition
Chanel has released a limited edition of its famous No.5 scent with a red bottle – a first for the French fashion house, according to a report published by Hyperbae. The red 100 ml glass bottle editions will be released for the No 5 Eau de Parfum, Parfum and L’Eau...
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Beauty for all: L’Oréal placed eighth worldwide for diversity and inclusion by Thomson Reuters
Thomson Reuters has named L’Oréal among the top 10 companies in the world for diversity and inclusion for the third consecutive year. Thompson Reuters ranks over 7,000 international organizations on a set of 24 diversity and inclusion metrics, subdivided into four key...
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Kaufland pulls 480 Unilever products from shelves over pricing spat
German retailer Kaufland has removed some 480 products – all manufactured by Unilever – from its shelves after the Dutch FMCG producer ushered in ‘unacceptable’ price rises, according to a report published by Just Food. The Schwarz Gruppe-owned supermarket chain has...
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Unilever beauty reveals ten-to-one ratio on M&A deal closures
Unilever’s beauty unit has announced that it closes just one-tenth of the merger and acquisition deals the company looks at. According to Alan Jope, Unilever's president of beauty and personal care, the personal care giant has approved over 130 ‘licences to hunt’,...
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L’Oréal Paris launches Isabel Marant limited edition collection
L’Oréal Paris has teamed up with fashion designer Isabel Marant to launch a limited-edition five-piece product range. Set to prelaunch online on September 19, with a worldwide launch scheduled for September 27, the L’Oréal Paris x Isabel Marant line will feature in...
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