Delpani bows out with a bang as Revlon earnings soar 21.8 percent for 4Q 2015
Revlon’s Lorenzo Delpani has announced his intention to step down from his role as President and CEO of the cosmetics company, effective March 1, 2016 for ‘personal reasons’. The news was announced as Revlon posted 4.9 percent sales growth for the year ended December...
US Senate appoints Robert Califf to lead FDA
The US Senate has voted Dr Robert Califf to head up the country’s Food and Drugs Administration. Califf was nominated by President Barack Obama and received an overwhelming majority, with 89 votes in favour of his appointment and just four dissenting. A cardiologist...
Procter & Gamble unveils job relocations following Coty divesture
Some 120 Cincinnati-based P&G beauty employees have been told that their positions are at risk of being relocated to various locations following the Coty divesture, including New York, New Jersey or even Germany. The consumer goods giant is set to close a $12.5...
Johnson & Johnson to pay out $72 million in latest talc-based law suit
Another week and another talcum powder-based lawsuit has hit the beauty industry. This time behemoth Johnson & Johnson has been ordered to pay $72 million in damages to the family of a woman who is said to have died of cancer linked to her use of the company’s...
Sundial’s Madam C.J. Walker-inspired African American hair care range set for Sephora launch
Beauty brand Sundial has announced the relaunch of a hair care range originally pioneered by America’s first female self-made millionaire, Madam C.J.Walker, which will be launched exclusively into Sephora next month. The hair care range, named Madam C.J. Walker Beauty...
Unilever appoints Bayer’s Chief Executive as new chairman
Marijn Dekkers has been announced as Unilever’s new Chairman, bought on board from his position as Chief Executive for Bayer. Known for his reputation for shake ups, the executive is expected to be dissolved of his Bayer contract on 30 April, 2016 and will succeed...
Hemp Industries Association responds to FDA warning letters
Not-for-profit US organisation, the Hemp Industries Association (HIA) has issued a statement in response to warning letters sent by the US Food and Drug Administration (FDA) to manufacturers of cannabidiol products. The FDA asserted that cannabidiol products may not...
P&G embarks on new US$10 billion cost-cutting drive
Having realised its cost-cutting targets earlier than planned, Procter & Gamble has vowed to slash a further US$10 billion from its outgoings over the next five years in a bid to become more efficient and drive sales growth, according to a report published by the...
NYX Professional Makeup expands presence in North America with East Coast digital store opening
Color cosmetics company NYX Professional Makeup is set to open its first retail store on the East Coast in New Jersey, which marks the onslaught of its global expansion plan. The company, which creates affordable professional make up, already has four US stores across...
EU gives Coty green light for Procter & Gamble beauty business acquisition
The European Commission has concluded that there will still be sufficient competition in the market should Coty go ahead with its proposed acquisition of P&G’s beauty product businesses, giving the deal the go ahead. Coty is set to acquire the beauty businesses...
Maybelline embraces diversity as Herieth Paul named global spokesmodel
L’Oréal-owned Maybelline New York has named Herieth Paul, a model of Tanzanian heritage, as its global spokesmodel for 2016. Paul will join fellow Maybelline brand ambassadors Adriana Lima, Jourdan Dunn and Gigi Hadid, and industry commentators have welcomed the move...
BASF signs exclusive distribution agreement with Nexeo Solutions
BASF has signed an exclusive distribution agreement with chemical distributor Nexeo Solutions for certain specialty high-performance solvents in the US and Canada. Through this relationship, Nexeo will gain access to a BASF product offering that is well aligned with...
Sales up 5 percent at IFF thanks to strong growth in Middle East & Africa
International Flavors & Fragrances (IFF) has announced a 5 percent rise in sales for the year ended January 1, 2016. Adjusted operating profit was up 8 percent and adjusted earnings per share climbed 11 percent. “2015 was a successful year for IFF as we embarked...
German masstige brand BeYu launches on US market
German masstige cosmetics brand is set to enter the US market, according to a report published in Drug Store News. BeYu specialises in brow powders, fillers and definers as well as on-trend color palettes. The brand retails at between US$9 and US$27. “With a German...
The only way is up: Avon has high hopes for transformation plan as FY2015 revenue dives 20 percent to US$1.6 billion
Avon has reported a 20 percent drop in revenue to US$1.6 billion for full-year 2015. However, the direct sales giant noted that revenue was up 3 percent in constant dollars, excluding the divestiture of Liz Earle. Revenue was impacted by Brazil’s new IPI tax on...
The Personal Care Products Safety Act: ‘Smaller companies will suffer’
A report published by The Guardian Online has questioned the burden that would be placed on smaller cosmetics companies by The Personal Care Products Safety Act, should the bill be passed. The bill would give the US Food and Drugs Administration the power to issue...
Colgate-Palmolive forms partnership with Klox Technologies for oral health commercialization
Oral care giant Colgate-Palmolive has entered into a partnership with pharmaceutical company Klox Technologies in a bid to further its oral health technology reach. The partnership will see Colgate-Palmolive globally commercialize Klox Technologies proprietary...
Unilever hits new industry milestone in zero waste mission and launches new sustainability collaboration
Leading personal care behemoth Unilever has achieved yet another milestone with more than 600 sites in over 70 countries now sending zero non-hazardous waste to landfill. The company has reached this goal by identifying other routes for its non-hazardous waste from...
Estée Lauder online sales set to exceed $1billion in 2016
Beauty giant Estée Lauder’s online sales could be on course to exceed $1billion in 2016 thanks to a boom in E-commerce in the Chinese market during Q2. Likewise, online sales in North America over the course of Cyber Monday and on Singles Day in China have helped...
Easyfairs Group extends international presence with acquisition of Oriex Communication
EFI SA, part of the Artexis Easyfairs Group, has announced the acquisition of French company Oriex Communication in a bid to expand further in the international packaging event and congress sector. Artexis Easyfairs Group is aiming to extend its presence in the...
Harvard Business School graduate takes on the beauty giants with launch of 3D cosmetic printer
A graduate of Harvard Business School is hoping to alter the way consumers shop for color cosmetics for good. Grace Choi has launched a 3D cosmetic printer, Mink, that will enable users to print a lipstick or eye shadow in their chosen shade in the click of a button....
Shares soar as Coty’s acquisition trail bears fruit for 2Q 2016
Shares in Coty rose 17 percent to a two-month high of US$28.83 last Thursday as the US beauty giant announced a US$500 million share repurchase authorization of its Class A common stock in the face of strong second quarter results for fiscal 2016. Coty beat analysts’...
Color cosmetics in the pink as Lauder raises 2016 forecast
The Estée Lauder Companies has reported better-than-expected quarterly sales and profit for the second quarter of fiscal 2016, and accordingly raised its full-year forecast, predicting sales to grow 7 to 8 percent on a constant currency basis for the year ending June...
Elizabeth Arden joins forces with Perfect Corp to increase digital footprint
Riding the wave of the digital onslaught, Elizabeth Arden is the latest beauty powerhouse to get involved with a beauty app and has joined up with Perfect Corp to work on the world’s leading beauty app YouCam. The move signals Elizabeth Arden’s desire to push forward...
MAC launches reward scheme to rival competitors
Color cosmetics maker MAC has launched a new three-tier reward scheme called MAC Select that will give loyal consumers various perks when signing up. Until now the cult-brand has steered clear of any such scheme, however, no doubt in a bid to challenge the likes of...
L’Oréal announced as brand partner for Time UK mobile beauty service
Beauty behemoth L’Oréal has been announced as the primary brand partner for the new mobile-first beauty service launched by Time UK called Powder. The service features personalised editorial content, product recommendations and bespoke advice. Users have a ‘virtual...
Lauder to launch Estée Edit in Sephora to attract younger crowd
Estée Lauder is set to launch a dedicated collection of make-up and skin care products, the Estée Edit, in 320 Sephora stores and online in a bid to appeal to a younger audience. Sephora is the store of choice for millennials, who are big spenders when it comes to...
LA startup Love Goodly creates a ‘green Sephora’ for clean living enthusiasts
LA Startup Love Goodly has launched an e-commerce site and subscription service for the wellness industry, according to a report published by Forbes. The site, described by co-founders Justine Lassoff and Katie Bogue Miller as a ‘green Sephora’, will mimic the...
Industry first: The Body Shop to use AirCarbon packaging in bid to reduce oil-based plastics by 70 percent
The Body Shop International has become the first company in the beauty industry to commit to an effort to industrialize AirCarbon, a thermoplastic material formed from greenhouse gasses, as part of a new initiative to reduce oil-based packaging across its range. The...
Revlon launches next phase of Love Is On brand mission with Choose Love campaign
Revlon has unveiled the latest chapter in its Love Is On brand mission with the launch of the Choose Love campaign. This next phase will encourage women to ‘believe in love, let go of doubts and take a chance to make love happen’. The Choose Love theme will see...
Walgreens Boots Alliance outlines three-point growth plan
Walgreens Boots Alliance has set out a three-point plan to grow the company in 2016. The initiatives were approved by shareholders at the company’s Annual General Meeting in Manhattan last week. First on the agenda is the acquisition of Rite Aid. Despite a question...
AptarGroup set to acquire Mega Airless in multi-million dollar deal
Plastic products manufacturer AptarGroup is set to take on Germany-based Mega Airless for $218m in a move that will push the group further in Latin and Asian markets. The Crystal Lake manufacturer will take control of the company, which makes airless dispensary...
Estée Lauder shakes up management with three promotions
Beauty powerhouse Estée Lauder has made three promotions within its management structure; Stephane de la Faverie has been appointed as Global Brand President, Origins and Darphine, Beth DiNardo has moved up to Global Brand President of Smashbox, while Daniel Rachmanis...
Parlux sues rapper Jay Z over failed fragrance line
Fragrance house Parlux is suing rapper Shawn Carter, otherwise known as Jay Z, for $20million after accusing the star of failing to promote his Gold Jay Z fragrance cologne, which the company manufactures. According to Parlux, Carter failed to attend any of the six...
Plaintiff sues talc companies after contracting ‘deadly cancer’ through asbestos-laced products
Stephen Schultz and his wife Kimberly have filed a lawsuit at Delaware Superior Court claiming that he has contracted a deadly cancer called mesothelioma after being exposed to talcum powder containing asbestos as a child. The complaint goes on further to state that...
Tiffany & Co joins successful Coty portfolio
Global fragrance house Coty has joined forces with jewellery powerhouse Tiffany & Co to launch a range of scents for men and women. The partnership is yet to disclose when the fragrances will be on the market, which will be sold within Tiffany & Co stores and...
L’Oréal TV advertisement campaign trumps YouTube tutorials in audience retention
Following a series of various advertising campaigns for its La Palette Nude project in conjunction with Google’s Unskippable Labs, L’Oréal has determined that a 30-second high-production TV-style ad creates the best audience retention. The TV ads were compared with a...
P&G profit beats expectations for 2Q 2016
Procter & Gamble’s cost-cutting drive is paying off as the FMCG behemoth reported a higher than expected profit for the second quarter of fiscal 2016 yesterday – up 35 percent to US$3.21 billion. Product costs fell 11 percent and general expenses were cut by 14...
Coty to relocate OPI production to North Carolina
Coty is set to move production for professional nail brand OPI from North Hollywood to its largest US manufacturing facility in Sanford, North Carolina, putting some 400 jobs at risk, according to a report published by Los Angeles Daily News. OPI’s manufacturing and...
US cosmetics market to hit US$62 billion in 2016
The US beauty and cosmetics industry – the largest in the world – is expected to report revenue of US$62 billion in 2016, according to an article published by Market Research. The US make-up segment is expected to reach a value of US$8.4 billion, while the US hair...
LORAC Cosmetics signs investment partnership with Encore Consumer Capital
LORAC Cosmetics has announced a partnership with private equity firm Encore Consumer Capital to take the brand to the next level. “We are excited to be partnering with Encore Consumer Capital,” said LORAC founder Carol Shaw. “I’m very proud of LORAC’s success and look...
Drew Barrymore to take cosmetics brand Flower Beauty global
Actress Drew Barrymore has revealed that she is in talks with international retailers to take her cosmetics line, Flower Beauty, online and overseas. The Hollywood star revealed, during an industry forum sponsored by investment bank Financo last week, that she is in...
Joe Fresh Beauty launches in Canadian Shoppers Drug Mart
Loblaw-owned Canadian mass market retailer Shoppers Drug Mart has revealed plans to expand its beauty offering with the launch of Joe Fresh Beauty in 850 stores. “With its modern range of essential beauty items, Joe Fresh Beauty is a welcome addition to the cosmetics...
US singing sensation Ariana Grande launches second fragrance
Ariana Grande, US singer, has announced the launch of her second fragrance, named Frankie after her brother. A limited edition fragrance, the scent is said to be gender neutral and has notes of pink pepper, apricot, wild orchid, cedarwood and musk. Priced at $49 for...
Sephora gives female entrepreneurs a boost with mentoring programme
US retail giant Sephora has launched Sephora Accelerate, which is set to give female entrepreneurs a lift and provide them with a mentoring programme in order to help them kick-start a successful career. As part of Sephora’s social impact agenda, the programme is...
AkzoNobel cements position following Eko Peroxide buy out
Netherlands-based AkzoNobel has acquired full ownership of Eko Peroxide after acquiring the outstanding shares of the company from joint venture partner OCI Peroxygens LLC. The company has strengthened its position in the North American market with the buyout, of...
Ashley Tisdale teams up with bh cosmetics to launch make-up line
First came Salma Hayek and CVS, then came Gwyneth Paltrow and Juice Beauty, now celebrity Ashley Tisdale has announced the debut of a new make-up line, Illuminate by Ashley. Step back celebrity fragrance; it looks like 2016 will be the year of the celebrity cosmetics....
Millennials sign up in droves to become Mary Kay consultants
Nearly half of Mary Kay’s new US recruits in 2015 were aged between 18 and 34, according to the company. “Our unparalleled business opportunity appeals to a wide range of ages and backgrounds, and Millennials bring a unique set of talents and expectations,” said Sara...
Shiseido USA promotes new Snapchat account with blogger takeover
Shiseido USA has joined social networking site Snapchat. The Japanese cosmetics brand hosted popular blogger Jen Chae, owner of From Head to Toe, on January 14 to drive traffic to its new account. Chae’s takeover was themed with the hashtag #DayWithJenChae, and...
Revlon owner sends shares sky-high as he considers ‘strategic alternatives’ for the business
Revlon’s shares experienced their steepest one-day rise in almost three years as billionaire owner Ron Perelman announced he was considering ‘strategic alternatives’ for the cosmetics company, according to a report published by Bloomberg Business. Perelman, who owns a...
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