Swipe right for beauty? Sephora relaunches private label with Tinder-style promotion
Sephora has created two new website tools that borrow the ‘swipe right’ action from popular dating app Tinder to promote its private label range, Sephora Collection, according to a report published by Ad Week. “We’re trying to create these really fun, addictive...
Profit is up 6 percent but demand remains weak: Unilever releases 1H results
Unilever’s zero-based budgeting drive is paying off; the Anglo-Dutch FMCG giant reported pre-tax profits of €3.6 billion for the first half of the year, up 6 percent on the same period in 2015 on a constant currency basis (1 percent at actual rates). However, the...
Estée Lauder Companies announces a series of management updates
Estée Lauder Companies has announced a series of new positions within its management structure, including the promotion of Jean-Guillaume Trottier to Global Brand President, Jo Malone London. Trottier has previously held the position of Global General Manager for Jo...
Wal-Mart requests chemical removal from suppliers
US retailer Wal-Mart has asked suppliers to remove a list of chemicals from its products in a bid to create safer personal care and household good products. The list of chemicals includes formaldehyde and triclosan along with six others, and follows the announcement...
Johnson & Johnson raises forecast after beating Q2 estimates
Personal care giant Johnson & Johnson has raised its 2016 full year sales and earnings forecasts after Q2 results beat industry expectations. The company’s prescription drugs business helped sales, with shares reaching an all-time high on Tuesday. J&J raised...
L’Oréal Baltic closes 2015 with profit up 9 percent
L’Oréal’s Baltic subsidiary closed 2015 with turnover of €40.6 million, down 2 percent on the previous year, according to a report published by Baltic Course. However, profit was up 9 percent for the cosmetics distributor, reaching €2.64 million versus €2.42 million...
Double-digit growth in the US boosts Givaudan 1H profit
Givaudan has beaten analysts’ estimates, reporting EBIDTA of CHF638 million for the first half of financial 2016, well above the predicted CHF576 million. The Swiss flavors and fragrance giant’s fine fragrance division achieved double-digit growth in the North...
L’Oréal submits firm offer for thermal spa Société des Thermes de Saint-Gervais-les-Bains
L’Oréal has been granted exclusive rights to negotiate after submitting a firm offer to Rivadis Group for the acquisition of the Société des Thermes de Saint-Gervais-les-Bains and licence to use the Saint-Gervais Mont-Blanc brand. The acquisition is expected to...
If at first you don’t succeed: AmorePacific to re-enter European market with Sulwhasoo
Despite its meteoric success across Asia and the US, AmorePacific has struggled to gain a foothold on the European market but, according to a report published by The Korea Herald, the K-beauty giant is not to be deterred and is planning to launch is Sulwhasoo brand on...
This is not just deodorant. L’Oréal-funded scientists develop artificial antibodies to prevent body odour
Research funded by L’Oréal could change the face of the deodorant market forever. Scientists at Compiegne University of Technology (CUT) in France have developed synthetic antibodies capable of preventing body odour by binding to chemicals in sweat. Molecular...
It’s a living nightmare: Lush staff to up and leave UK after Brexit vote as brand opens German factory
British handmade cosmetics brand Lush has announced that the 500-odd non-British staff who work in its UK factory will be offered the chance to move to a new factory in Dusseldorf, Germany after the UK voted to leave the European Union in the recent referendum. The...
Buyers line up for former Evonik business United Initiators
Several prospective buyers have put their hat in the ring to purchase a former Evonik unit. United Initiators has been put up for sale by private equity owner Vision Capital, according to a report published by Reuters. Buyout groups Triton, Equistone and an Asian...
Firmenich signs joint venture with Essex Laboratories
Firmenich has announced that it has made a major investment in US-based mint oil producer, Essex Laboratories. The partnership will allow the two firms to create tailored flavors and fragrances from mint essential oils, applying Firmenich’s flavors and fragrances...
Henkel fined for exclusive export deal
German personal goods giant Henkel and its wholesalers have been fined by France’s competition authority for use of exclusive import contracts between March 2013 and February 2016. The fine of EURO 615,000 total was broken down to: 250,000 euros for Henkel, 210,000...
Walgreen Boots shares fall as revenue falls below expectations
Shares for the Walgreen Boots alliance dropped this week after quarterly revenues failed to meet analyst estimates, with the company posting a 2.4 percent increase to $29.5 billion, short of the $29.7billion expected. Shares fell 2.4 percent to $81.55 on Wednesday,...
Evonik purchases Norel’s probiotics business
Chemical’s company has announced a purchase agreement for the acquisition of the probiotics business from Spanish company Norel. According to the deal, Evonik will purchase the company’s site in Spain alongside the probiotics product portfolio. Details of the...
Sulzer acquires Geka for €260 million
Sulzer has signed a binding agreement to acquire German brush manufacturer Geka for €260 million from investment company 3i. The transaction is expected to close in the third quarter of 2016, subject to regulatory approval. The deal will transform the Swiss firm into...
Rimmel launches ‘get the look’ app
Coty-owned make-up brand Rimmel has stepped up its digital offering with the launch of its new ‘get the look’ app that allows consumers to replicate looks found in magazines and on the street. The app is described as a ‘personalised augmented reality mirror’ where...
Going niche: L’Oréal acquires Atelier Cologne
L’Oréal has signed an agreement to acquire niche fragrance brand Atelier Cologne for an undisclosed sum. Founded in 2009, the French perfume house specializes in Colognes Absolues. “Alternative perfumery is currently a high growth segment. We are delighted to welcome...
Unilever appoints new Managing Director for South Central Europe
Unilever has announced the appointment of a new Managing Director for South Central Europe. Florin Trandafirescu took up the role, effective July 1. Trandafirescu has worked for the Anglo-Dutch FMCG giant for over 19 years, most recently leading the Czech Republic and...
L’Oréal moves into Brazilian oil research park
Beauty giant L’Oréal has become a resident of the EMC Corp oil and research centre, based in Rio De Janeiro’s Technology Park and is expected to open a research centre focusing on hair, skin, body, nail and deodorant products in the first half of 2017. L’Oréal is...
Givaudan announces expanded collaboration with industrial bioscience company Amyris
Fragrance and flavors maker Givaudan has announced a collaboration with industrial bioscience company Amyyris to research, develop and produce active cosmetic ingredients. The newly expanded collaboration aims to create new ingredients that ‘demonstrate significant...
Urban Decay launches digital app to coincide with Vice lipstick launch
The digital onslaught of beauty companies continues with the latest lipstick app from L’Oréal-owned Urban Decay’s Vice Lipstick, which coincides with the launch of the brand’s new line of lipsticks, Vice. Users of the app can virtually try on 100 shades from the new...
Beiersdorf launches Nivea marketing push in Paris
Personal care giant Beiersdorf has launched a marketing campaign for its new Nivea make-up removal products in France, in the Paris Metro system. Covering the advertising space of the Opéra station and on trains of the third line of the Paris Metro, the campaign...
AkzoNobel: We will continue to invest in UK post-Brexit
AkzoNobel has released a statement revealing that the company will continue to invest in the UK, despite the fact that the country may exit the European Union following Thursday’s referendum, according to a report released by Reuters Newswire. “AkzoNobel respects the...
‘Business as usual’? Shares tumble as Avon confirms move to Brexit Britain
Avon has confirmed its plans to move its headquarters to the UK despite the country's decision to quit the EU, according to a report published by Bloomberg. The direct sales giant is said to be due to complete its move by 2016’s close. “Avon operates in many markets...
XCellR8 develops animal-free testing using human skin from plastic surgery patients
UK-based laboratory XCellR8 has developed an entirely cruelty-free alternative testing method, without recourse to any animal components based on skin samples donated by those who have undergone plastic surgery, according to a report published by Reuters. “For skin...
Beiersdorf France appoints new Head of Logistics
As part of an ongoing reorganisation of its management, Beiersdorf France has appointed a new Supply Chain Director, according to a report published by European Supermarket Magazine. Flore Maynard will assume the role of Directrice Supply Chain, responsible for...
Retail first: Boots rolls out iPad Sales Assist App across UK stores
Boots has become the first retailer to usher in the Sales Assist app, developed via a collaboration between Apple and IBM. The Walgreens Boots Alliance pharmacy chain has installed the app across its entire UK store network, (approx. 3,700 iPads), according to a...
Orders surge at Heaven skin care as traders rush to take advantage of weak sterling
The owner of UK skin care brand Heaven has revealed that the sharp drop in value of the pound on Friday prompted a flurry of orders as international clients rushed to take advantage of the favourable exchange rate, according to a report published by The Sunday Times....
Avon signs lease for Moscow office
Avon has signed a long-term lease for a 1,000 sqm office based in the LeFort business center, Moscow, according to a report published by Property Magazine International. The new space will house Avon’s back office, and the move is scheduled to take place this fall....
‘Mass customization’ key to the future of bringing a global campaign to a local market, says Unilever CMO
With consumers increasingly seeking products tailored to their individual needs, companies need to look to ‘mass customization’ in order to achieve their marketing goals, according to Unilever Chief Marketing and Communications Officer Keith Weed. Speaking at a talk...
Beiersdorf launch first Nivea shop in collaboration with architect Matteo Thun
Cult skincare brand Nivea has launched its first flagship store in an outlet close to Rome, with architect Matteo Thun & Partners taking control of the design and build of the shop. Working closely together the two companies have created a space that took...
Spain’s halal cosmetics market eyed for growth potential
Spain’s halal cosmetics market has been earmarked for future growth potential as more and more Muslim consumers seek out certified products while a plethora of Spanish cosmetics manufacturers continue to export to Organisation of Islamic Cooperation (OIC) countries....
Online sales and new store openings boost Boots’ Ireland division
UK beauty retailer Boots has reported strong sales for its Ireland business in the 17-month period to August 2015 as revenue hit EURO453.2m and operating profit reached EURO24.3m, thanks to strong online sales and new store openings. The Walgreens Boots Alliance-owned...
Beiersdorf launches new open innovation communications strategy
Beiersdorf is upping its open innovation activity with the launch of a new communications strategy. ‘PEARLFINDERS – We Open Innovation’, as the Nivea manufacturer’s new open innovation communications umbrella is known, is designed to strengthen Beiersdorf’s images as...
EU legislation overwhelming for small businesses
Small businesses (SMEs) are struggling to cope with the volume and complexities of EU legislation, according to a report published by Chemical Watch. The report states that complex regulatory frameworks, such as REACH, which by their nature demand constant updates,...
‘We want to be one of the most innovative companies in the world’: Evonik announces ambitious goal as innovation campaign bears fruit, value up €500 million
Evonik has announced that the value of its innovative pipeline increased by half a billion euros last year, placing the total value of the pipeline in the lower single-digit billion euro range. “Our innovation campaign is bearing fruit. The constant flow of new...
Mass exodus: L’Oréal UK teams up with UNESCO to boost gender equality in science as 25 percent of female graduates shun scientific careers
Research conducted by NUS Insight on behalf of L’Oréal UK & Ireland has revealed that almost 25 percent of UK female science graduates would not pursue a career in the subject, due to the conflicting demands of work and family life, according to a report published...
Lauder creates Senior VP and GM, Business Operations, Travel Retail Worldwide role
The Estée Lauder Companies has created a new role in its Travel Retail division. Israel Assa has been appointed Senior Vice President and General Manager, Business Operations, Travel Retail Worldwide, effective July 1, 2016. Assa will be based in Switzerland, charged...
Unilever creates central solution to big data challenge
Unilever has created a centralized data system, known as Insight Knowledge Management, and search engine to help combat the challenge of collecting and centralizing data in a global market, according to a report published by Marketing. The Anglo-Dutch FMCG giant...
L’Oréal beats ad-blocker software with new ‘influencer’ partnerships
L’Oréal is countering the increasing threat posed by ad-blocker software with a series of new partnerships forged with key vloggers and online ‘influencers’, according to a report published by the Financial Times. “This is really about creating greater content and...
Brexit will hit us hard: Unilever votes IN
Unilever bosses have stated that a vote to leave the European Union in the upcoming British referendum would negatively impact the business, according to a report published by the BBC. Chief Executive Officer Paul Polman, together with former CEO Patrick Cescau and...
European Commission establishes scientific criteria for EDCs
The European Commission has published its scientific criteria for the identification of endocrine disrupting chemicals (EDCs), according to a report published by Chemical Watch. The EC has based its findings on the WHO definition, incorporating the salient points of...
SCS: New council announced for 2016/2017
The Society of Cosmetic Scientists (SCS) has elected a new council for 2016/2017, with incoming President Dr Ruth Borner wanting to deliver on targets set out last year. New faces joining Borner included Jackie Searle as Vice President, Barry Winslett as Hon...
Prada announces first master brand scent for him and her
Fashion and beauty powerhouse Prada has announced the launched two new fragrances La Femme Prada for women and L’Homme Prada for men, the brand’s first ever master brand of scents. Prada has released 13 previous scents under the licence with Puig, however, this is the...
L’Oréal first Palm Oil Progress report highlights positive steps
L’Oréal has released its first Palm Oil Progress report, which looks at the company’s ongoing progress in achieving its aim of 100 percent responsible sourcing of palm oil and palm oil derivatives. Looking for total sustainability while using palm oil, the French...
Cosmetic Valley and Bioeconomy Corp join forces to cosmetics and perfumery cluster development
Malaysian Bioeconomy Development Corp Sdn Bhd (Bioeconomy Corp) has entered into a collaboration with France-based Cosmetics Valley to create a RM500 million cluster model in Langkawi, Kedah, named Langkawi Cosmetic Island. The herbal, cosmetics and perfumery cluster...
Sephora opens new regional distribution center in Poland
Sephora has cut the ribbon on a new regional distribution center and ushered in a new delivery model for the Polish market, according to a report published by Eurobuild Central & Eastern Europe. The Warsaw-based center will fulfil orders for both bricks and mortar...
AkzoNobel supports Dutch bid to join the Mission Innovation coalition
AkzoNobel is backing the Dutch government’s bid to join the Mission Innovation coalition. Announced by Bill Gates at the COP21 in Paris last year, this global initiative works to create ‘green’ jobs and up affordability of clean energy for consumers. "We're more than...
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