L’Oréal Paris continues diversity drive; announces model Maria Borges as newest face
L’Oréal Paris has added Victoria’s Secret model Maria Borges as its latest face for the brand, according to a report published by Glamour magazine. The model made history as the first to wear her natural short hair on a Victoria’s Secret runway in 2015. She now joins...
Shut-up shop: JC Penney calls time on 140 stores
JC Penney has announced a series of store closures that amounts to almost 14 percent of its total store base in the second quarter of the year, according to a report published by Business of Fashion. The department store chain will shut 140 retail locations, cease...
Procter & Gamble to stave of competition by cutting price of Gillette razors
Procter & Gamble has announced that it will lower the price of some of its razor blades in a bid to make them more competitive, according to a report published by Fortune. The US FMCG giant’s CFO Jon Moeller told analysts that prices for select Gillette lines will...
Kanye West to launch new cosmetics range?
US rapper Kanye West is set to challenge sister-in-law Kylie Jenner with a new cosmetics range due to be launched under his creative content company, Donda. West is expected to launch a range of make-up, lotions and other cosmetics, according to a report by TMZ, with...
Target to remove certain chemicals from beauty and personal care products by 2020
US retail giant Target has announced it will be removing certain chemicals from beauty and personal care products by 2020, while also creating more transparent ingredient lists. The move is being hailed as the Target Pledge and is hoping to achieve clear information...
Coty dropped from Grey due to ‘creativity’
Grey has dropped Coty from its portfolio due to 'creativity', according to Coty, with the company having worked on the Coty brands acquired from Procter & Gamble (P&G) last year. The WPP-owned company has resigned the likes of Clairol, Wella, and CoverGirl,...
Ashland consolidates executive roles in cost-cutting exercise
Ashland Global Holdings has announced it is to consolidate executive roles in the company in a bid to ‘drive profitable growth as a pure-play specialty chemicals company.’ As part of the consolidation Luis Fernandez-Moreno, Senior Vice President of Ashland Global...
Watch out Ulta and Sephora: Beauty Brands appoints new CEO to lead ‘next phase of growth’
Beauty Brands has named a new CEO as it looks to enter its ‘next phase of growth’, according to a report published by Chain Store Age. Caryn Lerner will succeed Lyn Kirby, who will remain with the retailer as Chairman. “This management transition to a CEO resident in...
Rihanna to launch cosmetics line, Fenty Beauty, this fall?
Pop star Rihanna is set to launch her own cosmetics brand this fall, according to a report published by Sunday World. Or is she? “As you guys may have heard already, I am working on creating a new beauty line Fenty Beauty,” announced the singer via the Fenty Beauty...
P&G shares rise above US$90 for first time in three years after Trian Fund ups stake to US$3 billion
Procter & Gamble’s shares have risen above the US$90 mark for the first time since 2014 after Trian Fund Management increased its stake to US$3 billion, according to a report published by Madison. Trian Fund Management first added P&G to its targeted portfolio...
Kraft withdraws Unilever takeover bid following rejection
US giant Kraft Heinz has withdrawn its takeover bid of personal care giant Unilever, after the personal care giant rejected the move stating that the deal offered ‘no merit, either financial or strategic’, according to the company. Kraft offered around $143 billion...
New Avon announces relocation in collaboration with New York’s Empire State Development partnership
New Avon has announced plans to relocate its New York corporate headquarters to One Liberty Plaza, 165 Broadway, in Lower Manhattan, moving 400 employees into approximately 91,000 square foot space on two floors of the 54-story tower owned by Brookfield Properties....
Walgreens Boots Alliance: Chief Merchandising Officer announces resignation
Walgreens Boots Alliance Chief Merchandising Officer Linda Filler has announced her departure from the company, with the company yet to make a make a statement on her replacement. Filler will leave the role effective April 1 and will continue to work for the company...
Kylie Jenner accused of rebranding same lipkit hue
Kylie Jenner is once again facing social media backlash and this time its regarding two of her popular lip kit hues – Blitzen and Spice – with consumers questioning whether they are in fact the same shade. Consumers have taken to social media to ask whether the...
Estée Lauder appoints new marketing execs in a bid to boost new strategy
Estée Lauder has appointed Matthew Parr as Senior Vice President, Global Creative Director while Marie Han Silloway as announced as Senior Vice President, Global Consumer Marketing. The new appointments signal the beauty brand’s commitment to deliver on its new...
Decline in sales reps hits Avon Q4 earnings
Avon has reported a Q4 loss of $10.7 million, with a loss of 4 cents on a per-share basis, missing Wall Street expectations. The company reported a revenue fall of 2 percent to $1.57 billion, hindered in part due to a lack of sales representatives and currency...
L Brands CEO on ‘overpaid list’ despite Victoria’s Secret ailing sales
Lex Wexner, CEO of L Brands, has topped a list of the most overpaid CEOs, despite waning sales of its brand Victoria’s Secrets. The report by nonprofit watchdog As You Sow highlights the 100 most overpaid CEOs in America, with the L Brands CEO earning $27.2 million...
Johnson & Johnson to cease sale of plastic cotton buds to cut marine pollution
Johnson & Johnson will cease the sale of plastic cotton buds in over half of the world in a bid to reduce marine pollution, according to a report published by The Independent. The company will now produce cotton buds with a paper-based stick, after it was revealed...
Revlon creates new Chief Creative Officer role for Allure Founding Editor
Revlon has announced the appointment of Linda Wells to the new role of Chief Creative Officer, effective today. Wells will work closely with marketing, product development and R&D teams, and be responsible for curating the overarching look and feel of the...
New and improved? Revenue down 4 percent at Coty as P&G portfolio beds in
Coty has reported its financial results for the second quarter of fiscal 2017. The newly amalgamated US beauty giant saw revenues fall 4 percent at constant currency to US$3,376.9 million for the first six months of the year, down 4 percent in the second quarter to...
LG Household & Care to make use of new $300 million US headquarters
LG has embarked on the development of its new $300 million US headquarters, with its personal care affiliate LG Household & Care also set to use the building. The company will work on the three-year project in a bid to integrate all its offices in the US into the...
Procter & Gamble launches innovative combined soap and body wash
Procter & Gamble has launched innovative new brand Duo into the personal care market, which promises to be a cross between a bar soap and a body wash. The product is said to have been created to cater to a gap in the market that use both soap and body wash, and is...
Sephora focuses on equality with new #neverstop social media campaign
Retail giant Sephora has launched its #neverstop social campaign that focuses on five women of all shapes and sizes with different looks. The campaign, which encourages consumers to #neverstop being brave and standing out, has been created by Argonaut and has a 45...
Coty poised to appoint first female Member of the Board
US fragrance and cosmetics company Coty is said to be planning to appoint a woman to its Board of Directors by July, according to a report published by The Street. If it goes ahead, the move will reduce the number of S&P 500 companies without women in the...
Bath & Body Works to the rescue: sales up 3 percent at L Brands
L Brands has announced its fourth quarter and full year results for the period ended January 28, 2017. The owner of Victoria’s Secret and Bath & Body works saw sales increase 2 percent in the final quarter of the financial year to US$4.489 billion, despite a poor...
Natura partners with YDreams Global to create interactive experience for New York store
Natura has appointed YDreams Global Interactive as its creative and technological partner for the official opening of the Brazilian brand’s first US store. The New York store is due to open its doors this month after a soft opening pre-Christmas. To promote the new...
Evonik celebrates victory in US patent litigation
Evonik has announced that it has prevailed in a seven-year battle to confirm the validity of its US patent for olefin metathesis catalysts containing NHC ligands (‘528 patent). Wilmington’s Federal District Court found in favor of the German specialty chemicals...
BASF reshuffles management structure
Chemicals maker BASF has appointed Piyada Charoensirisomboon as Vice President, Global Development Personal Care. Charoensirisomboon succeeds Karlheinz Hill, and has moved on from her previous role as manager of BASF’s Advanced Chemicals’ Innovation Campus Asia...
Procter & Gamble sells more land to General Electric in $1.5 million deal
Procter & Gamble has released a further 6,800 square feet of land to General Electric in order for the company to build its new corporate headquarters. The total amount of land for GE now amounts to 2.7 acres after P&G previously sold nearly 2.5 acres of...
Kylie Jenner Royal Peach Palette eye kit smell creates social media backlash
Kylie Jenner has come under fire by consumers over the scent of her Royal Peach Palette, with many stating the overriding smell is too strong. Many social media users have taken to Twitter to criticise the sold-out palette for a heady scent of chemicals, with many...
L’Oréal increases digital marketing focus
French beauty house L’Oréal is said to be upping its digital marketing spend this year and focusing more on how consumers are influenced. The company increased its spend from 25 percent to 30 percent for the first half 2016 and has been looking at ways in which...
Sephora Stands initiative to expand following successful first year
Retail giant Sephora is to expand its social impact strategy Sephora Stands after a stellar first year, with the program now inviting open applications in both the new sustainability category and the technology category. The Sephora Stands initiative was created in...
Kao warns over counterfeit products in North America
Kao has issued a statement warning consumers over counterfeit products that have been found in retail spaces in North America. According to the statement, there is a counterfeit product falsely labeled as Jergens Ultra Healing 10 oz. and Jergens Original Scent 21 oz...
Procter & Gamble to have advertising overhaul in a bid to reform ‘murky at best’ media supply chain
Procter & Gamble has become the latest personal care giant to seek greater media transparency in its advertising spend, and will be reviewing its media contracts in 2017 as a result. Speaking at the IAB’s Annual Leadership Meeting in Florida, P&G Chief Brand...
Walgreens Boots Alliance cuts Rite Aid offer price and extends deal deadline
Walgreens Boots Alliance has announced it is devaluing its Rite Aid acquisition from $9 a share in October 2015 – when the merger was announced – and will now be purchasing the company at $6.50-$7 a share. Alongside this the companies have stated the deal will take a...
One stop shop: the strategy that sent Ulta’s shares skywards
Ulta is bucking the trend in US retail, with revenue rocketing and shares soaring last year – and it’s all thanks to a winning strategy, says Bloomberg Markets, that enables the cosmetics retailer to be all things to all people, with both mass and prestige brands on...
Colgate-Palmolive partners with Black Girls CODE to encourage girls of color into IT
In celebration of black history month, Colgate-Palmolive has teamed up with Black Girls Code to produce a campaign aimed at helping young women of color to learn computer programming. According to the National Science Foundation, women occupy less than 25 percent of...
Storybook Cosmetics lands Hunger Games license
Storybook Cosmetics is said to have landed an official collaboration with Lionsgate, the producer of the Hunger Games movies for a collection based on the series. The indie cosmetics brand, which has produced unofficial collections inspired by its founders’ favourite...
Strong dollar hits sales at Colgate-Palmolive; down 4.5 percent to US$3,721 million
Colgate-Palmolive has posted a larger than expected drop in sales for the final quarter of fiscal 2016, according to a report published by Market Watch. The US personal care giant struggled in the face of a strong dollar, with foreign exchange rates knocking 1.5...
Henkel ups footprint at new Stamford HQ for on-site R&D facility
Henkel has increased the square footage of its planned US headquarters in order to accommodate an R&D facility, according to a report published by Stamford Advocate. The German FMCG manufacturer was due to take 135,000 square feet at the BLT Financial Center, 200...
All change: L’Oréal USA announces leadership reshuffle
L’Oréal USA has announced some new executive appointments across its corporate office and brand portfolio. Pat Parenty is retiring from his role as President of Professional Products Division (PPD) US. David Greenberg has been appointed to Group President of PPD North...
IMAD and IFRA voice support for US Safe Cosmetics Modernization bill
Two US industry groups, the Independent Cosmetics Manufacturers and Distributors (ICMAD) and the International Fragrance Association, North America (IFRA) have spoken in support of a bill which aims to improve product safety, according to a report published by...
Yves Saint Laurent appoints new Global Beauty Director
Yves Saint Laurent (YSL) has announced the appointment of make-up artist Tom Pecheux as Global Beauty Director. Pecheux will be ‘the force behind all future cosmetic creations’ and has a career spanning three decades in the beauty industry. He will have many duties...
Johnson & Johnson fourth quarter results
Personal care provider Johnson & Johnson could possibly look to sell its diabetes units following mixed fourth quarter results and in an attempt to boost future growth. The company reported Q4 EPS of $1.58 – $0.02 better than the Wall Street consensus estimate of...
WestRock acquires competitor Multi Packaging Solutions International
US packaging company WestRock has acquired its smaller rival Multi Packaging Solutions International in a $1.39 deal. The deal will see WestRock have access to various markets such as cosmetics, in a move that sees many packaging manufacturers consolidate in a bid to...
Beach-combing: P&G develops recyclable bottle made from beach plastic for Head & Shoulders shampoo
Procter & Gamble is set to launch a new, limited edition recyclable shampoo bottle for its Head & Shoulders hair care brand, according to a report published by Packaging Business Review. The bottle, which was developed in partnership with Terracycle and Suez,...
Henkel sues as Church & Dwight tries to poach former Sun Products CTO
Henkel is suing Church & Dwight in a bid to prevent the US FMCG giant from hiring the former Chief Technology Officer of Sun Products, which Henkel acquired last year, according to a report published by Westfair. Henkel is alleging that both Church & Dwight...
New York Cosmetologist opens hijab-friendly salon in Brooklyn – Le’Jemalik
Cosmetologist Huda Qushi is set to open a hair salon in Brooklyn that welcomes and caters for the individual needs of women who wear hijabs this weekend, according to a report published by Teen Vogue. Le’Jemalik Salon, as the space will be known, boasts an opaque...
P&G raises FY forecast as sales up 2 percent for 2Q 2017
Procter & Gamble is raising its guidance for organic sales growth for financial 2017 after reporting better-than-expected organic sales growth for the second quarter of the fiscal year. The company is now anticipating organic sales growth of two to three percent....
Lubrizol combined Active Organics and Lipotec under Lipotec USA banner
Specialty chemicals provider Lubrizol has announced that its Active Organics and Lipotec skin care actives units will be combined and operate under a single name, Lipotec USA, effective immediately. Lubizol acquired both companies in a bid to expand its skin care...
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