Royal DSM invests in Amyris in bid to establish ‘long-term relationship’
Royal DSM has announced plans to invest in industrial bio-science company Amyris, while entering into a development cooperation to develop new products with a focus on the growing consumer shift to ‘natural-like products derived from sustainable sources.’ The initial...
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L’Occitane acquires stake in LimeLight by Alcone to forge joint partnership
French beauty brand L’Occitane has invested in color cosmetics brand LimeLight by Alcone, which produces natural skin care and make-up products. The investment will see the company acquire 40 percent of the company’s US business and will enable L’Occitane to widen its...
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Chanel expands in fragrance market with launch of three gel scents
French beauty powerhouse Chanel has launched three variants of its best-selling Chance fragrance in travel-friendly gel format, named Chance Three Moods. The gel formula instantly absorbs into the skin, with the pastel-colored products being launched for the Chance...
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Henkel breaks the €5 billion barrier; sales up 5 percent and double-digit rise in profit for Q1 2017
Henkel has reported sales in excess of €5 billion for the first time as it delivered a ‘strong performance’ in the first quarter of the financial year. The German manufacturer of Schwarzkopf reported an organic sales rise of 4 percent (13.6 percent in nominal terms)...
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L’Oréal Paris appoints Elle Fanning Global Spokesperson
L’Oréal Paris has named actor Elle Fanning as the latest face of the brand, according to a report published by WWD. The star of Super 8 will fulfil her first engagement as brand ambassador for L’Oréal Paris in Cannes as the famed Film Festival kicks off tomorrow. ...
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Oriflame Q1: double digit growth for skin care and wellness sends sales up 8 percent
Oriflame has announced its results for the first quarter of the financial year. The Swedish direct sales giant saw sales leap 8 percent in local currency (11 percent in euros), propelled by double digit growth in strategic categories, such as skin care and wellness....
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PZ Cussons Beauty targets Gen Z with new brand, Being by Sanctuary
PZ Cussons Beauty has launched a new brand under its Sanctuary banner, aimed squarely at Generation Z. Being by Sanctuary will launch in Boots stores in June, rolling out to Ulta in the US from October. With 18- to 25-year-olds the UK’s largest demographic, PZ Cussons...
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French government wages war on retouched images with new labelling law
In a bid to promote positive body image, the French government has ushered in a new law that not only bans hyper thin models from the catwalk, but also requires that all images that have been retouched or manipulated be labelled as such, according to a report...
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L’Oréal names new Global Make-up Director for L’Oréal Paris
L’Oréal Paris has named celebrated make-up artist Val Garland Global Make-up Director for the brand, according to a report published by Vogue. The role will encompass a wide range of responsibilities from product innovation to make-up artistry for the brand. Garland...
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L’Oréal Paris’ Snapchat strategy boosts sales of Pure Clay 51 percent
L’Oréal Paris saw a significant sales uplift following its decision to push the launch of Pure Clay Masks on social media over traditional channels, according to a report published by Net Imperative. The French beauty brand partnered with BzzAgent to spread the word...
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Campaigners question rise in use of Roche acne drug Roaccutane
Campaign group Adverse Psychiatric Reactions Information Link has raised concerns over the increase of NHS prescriptions being issued for acne drug Roaccutane, which has been linked to suicidal thoughts, according to a report published by the BBC. Prescriptions...
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Symrise ‘confident’ for 2017 success; sales up 4.6 percent to €765.2 million for Q1
Symrise has kicked of fiscal 2017 with a ‘significant’ boost to both sales and earnings. The fragrance and flavors manufacturer reported a 4.6 percent rise in sales to €765.2 million for the first quarter of the year, while EBIDTA was up 4.4 percent to €165.5 million....
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Dove takes positive body message to packaging with launch of ‘Real Beauty bottles’
Unilever-owned Dove has taken its Real Beauty message to another level with the launch of a series of limited-edition Dove nutrium mousse body wash bottles in varying sizes designed to reflect the diversity of women’s body shapes, according to a report published by...
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Thanks but no thanks: AkzoNobel turns down PPG’s third offer
AkzoNobel has announced that it has declined the third unsolicited offer made by PPG Industries to acquire the company. The company intends to proceed with its own strategy, presented on April 19th, to transform its two divisions – paints and specialty chemicals -...
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Givaudan invests in French start-up Sensorwake
Givaudan has announced a one-off investment in French start-up Sensorwake – the company behind the world’s first olfactive alarm clock. The two companies have collaborated for the past two years, designing a collection of scents for Sensorwake’s eponymous product, as...
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Balmain teams up with L’Oréal Paris to launch lipstick collection
L’Oréal Paris has drafted in designer of the moment Balmain to create a capsule collection of 12 lipstick shades for its best-selling Color Riche line. The collection will be unveiled at Paris Fashion Week in September. The collaboration marks Creative Director...
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Barington renews quest to topple Avon CEO following Q1 results
Barington Capital is once more calling for Avon CEO Sheri McCoy to step down after the company reported a shock loss for the first quarter of the year, according to a report published by Reuters. The owner of 2.8 million shares claimed on Thursday that Avon Products...
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Reckitt Benckiser waves goodbye to 20-year relationship with Pricewaterhouse Coopers; appoints KPMG as auditor
Reckitt Benckiser is set to end a 20-year audit contract with Pricewaterhouse Coopers, according to a report published by CCH daily. The UK-based FMCG manufacturer has appointed KPMG to take the helm from 2018, subject to shareholder approval. The move was prompted by...
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Millennial-targeted brands give Estée Lauder Companies a Q3 sales boosts
Estée Lauder Companies has reported Q3 net sales of $2.86 billion, a year on year increase of 8 percent, boosted by a strong performance in the company’s make-up category. The better-than-expected results were largely attributed to the success of the company’s newly...
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Avon Products falls below expectations with Q1 loss
Avon Products has reported a Q1 loss of $36.5 million (10 cents a share), according to a report by Marketwatch.com, missing out on industry expectations. The adjusted loss per share was 7 cents, excluding non-recurring items, as opposed to the FactSet consensus of 1...
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MAC make-up artist starts plant-based beauty trend
MAC cosmetics make-up artist Ellie Costello has launched a new trend on her personal Instagram page for ‘terrarium eyes’, with images shared depicting eye make-up looks using flowers and plants, according to a report by Teen Vogue. Costello, who boasts 11,000...
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L’Oréal withdraws Shu Uemura beauty from UK market
Beauty brand L’Oréal has confirmed reports that the cosmetics brand Shu Uemura will be withdrawing its beauty products from the UK including e-commerce channels. The brand, which sells a favourite eye lash curler as well as make-up and skin care, has been removed from...
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Jo Malone’s Jo Loves posts further sales decline
Jo Loves, the company owned by famed beauty entrepreneur Jo Malone, has posted further losses, with the year to June 30, 2016 losing £572,272. The sales fall is another blow for the company, which has lost £3.9million since its launch in 2009, with creditors now said...
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Symrise: we will achieve economic success through sustainability goals
Ingredients maker Symrise has released its latest sustainability report, which highlights the company’s plans to achieve economic success through its sustainability commitment. The report, named Diversifying Success. Successfully Diversifying, has highlighted key...
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BASF denies interest in AkzoNobel chemicals unit
A Bloomberg source close to BASF has revealed that the German company has little interest in pursuing a purchase of AkzoNobel’s specialty chemicals unit, according to a report published by the news organization. BASF is said to be prioritizing deals in agrochemicals...
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Lush accused of ‘fat shaming’ as it promotes What The Health film
Lush has been accused of engaging in ‘fat shaming’ by Pool writer Amy Jones. In an opinion piece written for the website, Jones pointed to the fact that, in its promotion of new film What the Health via its Instagram account, the ethical beauty brand concentrated...
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Beiersdorf beats analysts with 4.8 percent organic sales growth in Q1
Beiersdorf has posted better-than-expected sales for the first quarter of the fiscal year, according to a report published by Reuters. The owner of Nivea saw organic sales rise 4.8 percent (+7.7 percent in nominal terms) to €1.8 billion for the first three months of...
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Neutrogena launches London-based pop-up Beauty Box concept store
Beauty brand Neutrogena is launching an experiential activity pop-up Beauty Box concept store in London from 1-7 May. The #Shineyourlight campaign aims to put the spotlight on the emotional issues that acne can cause to women, with the Beauty Box being part of this...
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LVMH to gain control of Christian Dior as Arnault buys out couture arm for €12.1 billion
Bernard Arnault is hoping to bring Christian Dior’s beauty and fashion businesses under one roof, as the French billionaire owner of LVMH offered to buy out the couture arm for €12.1 billion, according to a report published by Bloomberg. The Arnault family is offering...
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UK cosmetics set to break the £1 billion barrier as selfie generation fuels category’s meteoric rise
Data compiled by market research agency IRI suggest that the UK cosmetics market is close to crossing the £1 billion line, according to a report published by Retail Times. Cosmetics is now the fastest growing category in the UK health and beauty market, says IRI,...
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AkzoNobel announces finalists for Imagine Chemistry start-up challenge
AkzoNobel has announced the 20 finalists for its Imagine Chemistry initiative, which was launched by the specialty chemicals company earlier this year. “We’ve received so many great ideas from all across the globe for novel chemistries and business concepts, ranging...
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Could this be the next CEO of L’Oréal? French beauty giant names Nicolas Hieronimus Deputy CEO
L’Oréal has firmed up its succession arrangements, creating a new role of Deputy CEO, according to a report published by Reuters. The French beauty behemoth appeared to confirm growing speculation that Nicolas Hieronimus is the next in line for the top job, after he...
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It’s not over: PPG raises offer for AkzoNobel to €26.9 billion
Despite repeated rejections, PPG is still hoping to entice AkzoNobel to enter talks over its acquisition proposal. According to a report published by Fox Business quoting Reuters, the US paint maker has made a third and ‘final’ €26.9 billion offer for the Dutch...
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Natura and CVC vie for Body Shop as L’Oréal opens next round
L’Oréal is said to have narrowed the bidders in the auction for its Body Shop business down from 15 to a select few as the auction progresses to the next round, with those still in the running thought to include Brazilian Natura and three private equity firms, namely...
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Soil Association slams Boots, Dr Organic and Faith in Nature for ‘greenwashing’
A national independent survey, released as part of The Soil Association’s Campaign for Clarity, has revealed that 76 percent of consumers feel misled by some labelling on beauty products that purport to contain natural or organic ingredients. What’s more, the UK...
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The Body Shop set to launch mobile-first global ecommerce platform to drive forward digital footprint
UK naturals beauty company The Body Shop is set to launch a £10million digital transformation project in a bid to ‘expand its global ecommerce footprint and create a seamless online experience,’ according to the company. The new digital platform will be launched in...
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L’Occitane chooses UK-based social media agency to promote Korean plant-based beauty brand
French beauty brand L’Occitane is ramping up the promotion for its Korean herb-based beauty range Erborian and has appointed a UK-based social media agency to manage its UK paid search account. Threepipe agency will be supporting the range in all paid search, paid...
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AkzoNobel to sell chemicals business as it sees off unwanted PPG takeover bid
AkzoNobel has announced it is to sell its chemicals business in a bid to offer shareholders more money than the PPG takeover bid would make. With the sale said to generate around $8-12 billion, the company’s divesture of the chemicals arm will create a chemical’s...
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PZ Cussons set to ‘woo’ millennials with new Sanctuary launch
PZ Cussons is the latest beauty behemoth to highlight the power of the millennial consumer group, with the announcement of a new Sanctuary sub-brand set for launch in May aimed at 18-24 year olds. Looking to tackle the ‘challenging’ market, the company will be...
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Luxury brands boost L’Oréal Q1 sales
L’Oréal has reported a 4.2 percent sales growth for the first quarter, thanks to ongoing demand for its luxury products, which offset a weaker performance in other sectors. Revenue rose 7.5 percent in the first three months of 2017 to reach €7.04bn, helped by currency...
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Coty appoints new member to Board of Directors
Coty has announced the appointment of Sabine Chalmers to its Board of Directors, with Chalmers also set to work in the Audit and Finance Committee. Having served as Chief Legal & Corporate Affairs Officer, Company Secretary and a member of the Executive Board at...
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Estée Lauder partners with YouCam Makeup for UK Pure Color Love launch
To celebrate the launch of its Pure Color Love lipstick, Estée Lauder has partnered with smart cosmetic app YouCam Makeup to allow UK consumers to try on all 30 shades in just 30 seconds via the AR and facial mapping technology. The in-store experience will be...
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Givaudan declares Q1 ‘a good start’; sales up 3.5 percent
Givaudan has described its first quarter results as ‘a good start to the year’ as the Swiss flavors and fragrances supplier saw like-for-like sales grow 3.5 percent to CHF 1,242 million in the three months to March 31 – up 7.7 percent in Swiss Francs. The fragrance...
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Charlotte Tilbury receives undisclosed investment sum from Sequoia Capital
UK beauty brand Charlotte Tilbury brand has received investment from Sequoia Capital, the company’s first round of funding from a top-tier Silicon Valley venture capital firm, according to a report by WWD.com. The venture capital firm will be a minority investor for...
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Elliot Management looks to replace AkzoNobel Chairman in acrimonious PPG take-over bid
AkzoNobel shareholder Elliott Management is looking to remove AkzoNobel Chairman Antony Burgmans in a continued row over whether the company should consider a take-over bid from American rival PPG. Chemicals company AkzoNobel has rejected two offers from PPG, the...
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Ashland to acquire Reichhold manufacturing facility in France
Ashland has made a binding offer for a composites resin manufacturing facility in France owned by Reichhold Holdings International. The deal is expected to complete by the end of June. The facility, which manufactures unsaturated polyester resins, employs around 50...
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Symrise joins World Business Council for Sustainable Development
Symrise has been announced as the newest member of the World Business Council for Sustainble Development (WBCSD). The flavors and fragrances giant joins nearly 200 companies who are already members. “In our journey to meet our sustainability targets and developing...
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Unilever to slash advertising output by 30 percent
Unilever has announced that it will be cutting its advertising output by as much as 30 percent, according to a report published by The Drum. The news caused shares in Unilever’s advertising agency WPP to plummet 4.4 percent – the Anglo-Dutch FMCG giant is thought to...
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Could this be the end of Anglo-Dutch? Unilever plans review of dual-center corporations
Unilever is considering bringing an end to its dual-headed legal structure, according to a report published by Bloomberg. The FMCG giant currently maintains separate corporations in the UK and Netherlands. “It has become clear to us given the dynamics around more...
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Johnson & Johnson crowns Nuritas winner of its In-Cosmetics pitching challenge
Bio-tech start-up Nuritas scooped the top prize at an event staged by personal care giant Johnson & Johnson at In-Cosmetics Global last week, according to a report published by Chemical & Engineering News. The newcomer was awarded US$5,400, business mentoring...
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