Weener Plastics announces acquisition of Proenfar
Weener Plastics (WP) has announced the acquisition of Proenfar from parent company Altra Investments. The acquisition will push WP forward in Latin America, where Proenfar is based, while developing Proenfar in Europe where WP is headquartered. Proenfar also has a...
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Beiersdorf appoints Nestlé Investor Relations chief as new CFO
Personal care giant Beiersdorf has appointed Dessi Temperley as Chief Financial Officer, effective 1st July. Temperley will succeed Jesper Andersen as CFO, joining Beiersdorf from her position as head of Investor Relations for Nestlé , where she previously held the...
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REN Clean Skincare to debut 100 percent recycled bottle made from reclaimed ocean plastic
REN Clean Skincare is set to become one step closer to achieving its goal of becoming a Zero Waste company with the launch of a new green packaging solution for its award-winning Atlantic Kelp and Magnesium Body Wash. The Unilever-owned prestige brand has partnered...
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The Worth it Show: L’Oréal Paris to broadcast live talk show from Cannes Film Festival
L’Oréal Paris has announced that it is to stage a series of live talk shows during Cannes Film Festival this year. Partner of the event for 21 years, the French beauty brand will broadcast seven shows from May 8th through 14th live from the legendary Martinez Beach....
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L’Occitane FY 2018: China is now our second-largest market
L’Occitane has issued an unaudited trading update for the year ended 31 March, 2018 (FY 2018). The French naturals brand, saw net sales climb 4.6 percent at constant rates (-0.3 percent reported) to €1.319 billion. China, Brazil, the US and Hong Kong were the group’s...
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Snapchat launches ‘Shoppable AR’ feature; Coty among first to trial
Snapchat has launched a new feature in the US and UK that will enable users to trial products in virtual reality and purchase them within the app, according to a report published by The Drum. The ‘Shoppable AR’ as the social media app is calling its latest launch will...
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‘Economic success and environmental performance go hand in hand’: L’Oréal publishes sustainability report
L’Oréal has published its 2017 Progress Report on its global sustainability program, Sharing Beauty with All. “In 2017, we have once again shown that economic success and environmental performance go hand in hand,” said Alexandra Palt, L’Oréal’s Chief Corporate...
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Lubrizol transforms Lipotec into umbrella brand for actives
The Lubrizol Corporation has announced that it is to use the Lipotec banner as an umbrella brand for its active ingredients portfolio within the Lubrizol Skin Essential division, effective this month. Lubrizol acquired Lipotec back in 2012 and integrated the company...
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Unilever Q1 2018: sales up 3.7 percent
Unilever has announced its results for the first quarter of fiscal 2018. Overall, the company reported underlying sales growth of 3.7 percent (excluding spreads) meeting expectations with an ‘encouraging shift’ to volume-led growth. Emerging markets were the star of...
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Let’s get physical: Coty installs blended reality Magic Mirror at Bourjois boutique in Paris
Coty has unveiled a ‘blended reality beauty Magic Mirror’ at its newly launched Bourjois boutique in Paris, France. The mirror was developed by Coty in collaboration with Holiton and PERCH. The technology integrates physical products with digital content so that when,...
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In-Cosmetics Global trend watch: step away from the screen
What are the next big beauty trends? Well if the launches at In-Cosmetics Global 2018 this week are anything to go by, the industry is feeling blue. Blue light be gone Yes, while Ultraviolet may be Pantone’s Color of the Year for 2018, the cosmetics camp are battling...
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The Body Shop works with Bright Future campaign to offer employment to victims of modern slavery
British naturals brand The Body Shop has pledged its support to the Bright Future campaign, a UK-based project that sees a co-operative of companies offering work to victims of modern day slavery. Several British business have come together to offer employment to up...
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Make-up artist sues LVMH over Make Up For Ever employment contract
Make-up artist Sammy Mourabit has filed a lawsuit against LVMH, stating that the company breached the terms of his contract regarding its Make Up For Ever brand after retracting an offer for Mourabit to become Global Artist Director, according to a report by the...
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BASF announces shift to palm oil options that are exclusively certified as sustainable
Chemicals company BASF has announced it is to offer the cosmetics industry palm oil options that are exclusively certified as sustainable. Announced at the 3rd Palm Dialog event during in-cosmetics, the decision to offer only certified sustainable palm oil...
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Killing the buzz: Raw materials supply under threat as bee numbers drop
A decline in the number of bees across the globe poses a threat to the supply of raw materials, according to a report published by The Independent. Some three-quarters of crops worldwide rely on pollination by bees, a process which could be affected by a drop in wild...
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L’Oréal appoints new GM Travel Retail Europe / Middle East Africa & India
L’Oréal has announced the appointment of Gianguido Bianco as General Manager Travel Retail Europe / Middle East Africa & India, effective immediately. Bianco is taking over from John Mangan, who has been named General Manager of L’Oréal Luxe UK & Ireland....
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L’Oréal announces emission reduction targets in line with Paris Accord
L’Oréal has become one of the latest companies to have its emissions reduction targets approved by the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for...
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L’Oréal Q1 2018: sales up 6.8 percent thanks to Chinese boom
L’Oréal has reported its results for the first quarter of fiscal 2018. The French beauty giant reported sales of €6.78 billion, a rise 6.8 percent like-for-like but a drop of 1 percent in reported terms. L’Oréal noted ‘sharp contrasts between divisions and geographic...
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WPP chief resigns after allegations of ‘personal misconduct’
The CEO of WPP, Martin Sorrel, has quit his role after the company appointed lawyers to investigate alleged misconduct regarding financial impropriety, according to a report published by Reuters. The investigation is now complete, although no further statement has...
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L’Oréal looks to 3D printing for future product development
French beauty giant L’Oréal is looking to 3D printing for the future of its product development, says a report by CNBC. Talking to the website, Stephane Lannuzel, Operations Chief Digital Officer at L’Oréal, explained that the company was making prototypes with the...
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Unilever unveils joint innovation lab with Tmall to better understand consumer insights
Unilever has teamed up with Chinese e-commerce site Tmall to launch a joint innovation lab in partnership with Tmall’s business to consumer innovation center. The aim of the venture is to better understand consumer targeting capabilities and gain better data...
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Inter Parfums enters into exclusive licence agreement to create Graff Diamonds fragrances
Premium fragrance company Inter Parfums has entered into an exclusive license fragrance agreement with Graff Diamonds for the ‘creation, development and distribution of fragrances under the Graff brand.’ As part of the eight-year deal, there will be three-year...
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LVMH launches annual start-up accelerator program at Station F
Luxury FMCG company LVMH has announced the launch of an annual accelerator program set to take place at the start-up Station F campus in Paris, La Maison des Startups. Taking on 50 start-ups each year, the program is designed to bolster innovation within the luxury...
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Givaudan Q1 sales fall short of industry expectations
Flavors and fragrance company Givaudan saw a weaker-than-expected Q1 sales rise of 5.4 percent to 1.308 billion Swiss francs, missing analyst expectations of 1.335 billion Swiss francs in a Reuters poll. Despite getting a lift thanks to new contracts and acquisitions,...
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Etat Libre d’Orange has teamed up with Ogilvy Paris to develop a luxury scent named Les Fleurs du Déchet (The Flowers of Waste). The fragrance, which has notes of mouldy fruit and earthworms, has the English brand name ‘I am Trash’ and was created to put the focus on...
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LVMH reports impressive sales growth; up 13 percent in Q1
LVMH has reported double-digit sales growth for the first quarter of the financial year, according to a report published by Bloomberg. Organic sales grew 13 percent, ahead of analyst estimates of 8.5 percent, sending shares soaring to a record high in early Paris...
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CEW announces three new board members
Cosmetic Executive Women (CEW) has announced the appointment of three new board members. Jacqui Owens, Head of the Beauty Industry for Google in the UK, Hanadi Al Hamoui, Vice President IBCM Consumer & Retail EMEA at Credit Suisse and Susannah Kintish, Partner at...
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Beiersdorf extends Kuehne + Nagel supply chain delivery contract until 2024
Beiersdorf and Kuehne + Nagel have agreed to extend their existing partnership, with the latter appointed to handle supply chain delivery for the Nivea manufacturer in Hamburg until 2024, according to a report published by The Stat Trade Times. “We are further...
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Asbestos latest: Claire’s Accessories kits aimed at children banned from sale in UK
Two make-up kits sold to children by high-street retailer Claire’s Accessories have been banned from sale in the UK after tests revealed that they contained asbestos, according to a report published by The Daily Mail. The retailer has been ordered to destroy remaining...
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The rumors were true: JLo unveils Inglot Cosmetics partnership
After her make-up artist let the cat out of the bag on Instagram, Jennifer Lopez has confirmed that she is to debut a limited edition collection in partnership with global beauty brand Inglot Cosmetics. The 70-piece strong color line, which launches April 26, is said...
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The next big thing: Unilever Ventures teams up with UK’s Channel 4 and Studio71 to discover new batch of influencers
Unilever Ventures has teamed up with UK television channel, Channel 4, and digital media network, Studio 71 to search for influencers with ‘commercial potential’, according to a report published by Campaign. Nascent influencers will be selected via a pitch process...
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Unilever trials blockchain to tackle media-buying problems
Unilever has teamed up with IBM technology to trial blockchain as a problem-solving solution within media-buying. iX, the digital consulting arm of IBM, worked with the Dutch personal care giant to showcase how blockchain as distributed ledger for transactions could,...
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Paris Saint-Germain expands Nivea partnership to encompass Brazil
French football team Paris Saint-Germain (PSG) has expanded its partnership with Nivea to include Brazil, with the two companies launching the #Readyforthegame campaign. Having held a successful partnership since 2013, PSG now hopes to capitalize on its growing global...
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Estée Lauder Companies expands presence in UK with Crème de La Mer pop-up
The Estée Lauder Companies has expanded its UK presence having opened a pop up shop for its premium Crème de La Mer brand, according to City AM. Opening in 13 Soho Square near Oxford Square, the store will be the first dedicated shop for the brand in the UK and will...
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Unilever has announced the appointment of Ana-Maria Paslaru as Country Managing Director for Baltic countries. Paslaru has been promoted from her previous position as marketing director Home & Personal Care USCE & CEE Home Care, which she has held since 2015....
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Ukraine poised to sign free trade agreement with Israel
Duties could soon be lifted on cosmetics exported from the Ukraine to Israel; as Ukraine and Israel are poised to sign a free trade agreement, having concluded negotiations, according to a report published by Interfax Ukraine. “In 2017, we had intensive talks on the...
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Performance related pay: Reckitt Benckiser chief sees pay cut for second time in two years
The CEO of Reckitt Benckiser, Rakesh Kapoor, had his pay slashed by 18 percent in 2017, according to a report published by Reuters. The reduction was attributed to a halving of his long-term incentive benefits, due to the company’s underwhelming performance over the...
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Remington battles shave giants with new Legends campaign
Remington is investing £600,000 to launch a marketing campaign that aims to capture a bigger slice of the lucrative UK men’s grooming market, according to a report published by the Retail Times. The brand is hoping to reach 72 percent of men aged 18 to 40 in the UK...
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Avon proxy battle scrapped as Barington’s Mitarotonda nominated to board
Avon has narrowly avoided a proxy battle with activist investor Barington Capital Group, according to a report published by Reuters. Barington’s CEO James Mitarotonda is to be nominated to the direct sales giant’s board, according to a filing on Monday last week, per...
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Croda becomes 4000th UK company to pay voluntary living wage
British chemicals company Croda has become the latest company to be accredited by the Living Wage Foundation for committing to pay an hourly wage of at least £8.75 to staff and contractors working outside of London. More than the Government’s minimal wage pay...
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Carlyle emerges victorious in battle for Akzo Nobel’s speciality chemicals arm
US private equity firm Carlyle and Singapore-based sovereign wealth fund GIC have won a battle to acquire the speciality chemicals arm of Akzo Nobel. The two companies acquired the business for €10.1bn including debt through an auction process – resulting in what will...
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Garnier Ambre Solaire teams up with Tesco to launch first Sun Safe UV patch
L’Oréal-owned Garnier Ambre Solaire has teamed up with supermarket chain Tesco to launch its first Sun Safe UV patch into the UK. Developed in Sweden, the patch will launch in April and will be given away with 1 million bottles of Ambre Solaire sunscreen. Designed to...
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L’Oréal listed by LinkedIn as one of most ‘attractive’ companies to work for in France, UK, Germany and Brazil
French beauty giant L’Oréal has been listed in LinkedIn’s Top Companies as one of the most attractive companies to work for in France, UK, Germany and Brazil. The company was listed as being second most attractive in France, up nine places from last year’s ranking,...
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L’Oréal Foundation and UNESCO launch ‘Men for Women in Science’ initiative
During the 20th annual L’Oréal-UNESCO For Women in Science Awards ceremony, the duo launched a new initiative aimed at contributing to better gender balance in science for more effective progress. The Men for Women in Science, as the new program is known, encourages...
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Givaudan acquires 40.6 percent stake in Naturex for €522 million
Givaudan has announced the acquisition of 40.6 percent of the shares in Naturex for €522 million (€135 per share) and signaled its intent to launch a mandatory cash tender offer for the remaining outstanding shares. The Board of Directors and Management of Naturex are...
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Not so equal: L’Oréal UK pay audit reveals women paid a third less than men
Data reported to the UK Government Equalities Office (GEO) has revealed that the gender pay gap is alive and well at L’Oréal UK. According to a report published by the Huffington Post, the hourly rate paid to women at the French beauty giant’s British division is on...
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Generation next: Oriflame Co-founder calls time on Board role; daughter proposed as new Board Director
The Co-founder of Swedish direct sales business Oriflame, Jonas af Jochnick, has turned down the opportunity to be re-elected to the company’s Board of Directors, indicating his intention to step down after some 50 years at the helm, according to a press release...
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Henkel battles plastic litter in partnership with Waste Free Oceans
Henkel has announced a new partnership with Waste Free Oceans to remove plastic waste from waterways and transform it into more than a million bottles, which will then be used for its Loveables laundry brand. The collaboration is said to be the largest that the NGO...
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Armani and L’Oréal renew license through 2050
L’Oréal and Armani have announced the signature of an agreement to renew their license until 2050. The French beauty giant has been producing fragrance and cosmetics for the Italian designer label since 1988. The prestige collection of perfume, make-up and skin care...
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Quality over quantity: Unilever-owned Lynx prioritizes content in new marketing strategy
Unilever’s Lynx brand is hoping to get deep and meaningful with its target market, according to a report published by The Drum. The brand is placing less emphasis on superficial connections with the widest possible number of viewers and instead aims to up engagement....
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