E.l.f. Cosmetics plans IPO for 1H 2016
The owner of US budget beauty brand e.l.f Cosmetics, J.A. Cosmetics is said to be considering an IPO. According to a report published by Reuters, the company has hired underwriters for the purpose and the deal is planned for the first half of 2016. J.A. Cosmetics...
In-store Sephora boosts JC Penney’s quarterly net sales
US department store JC Penney has reported better than expected quarterly net sales thanks to a strong performance by its store-within-a-store Sephora format, as well as a rise in demand for footwear and home products, according to a report published by Reuters....
Cosmetics experts head to Washington for product safety summit
Experts in the field of product safety are due to attend a Congressional briefing tomorrow in the Senate Dirksen Building, Washington DC, to plead for greater regulation of beauty products and transparency in the supply chain. “Nearly every major consumer category has...
Kardashian sisters denied private arbitration over Khroma cosmetics dispute
A US district court has ruled that the Kardashian sisters cannot rely on a contract between two other parties to compel private arbitration in a dispute over their use of the Khroma brand name. The dispute revolves around the Kardashian’s cosmetics line, marketed...
Colgate’s Optic White partners with The Latin Recording Academy for the 16th Annual Latin Grammys
Colgate Optic White has announced its continued partnership with The Latin Recording Academy, and will once again be celebrating with a smile at the 16th Annual Latin Grammy Awards alongside brand spokesperson Leslie Grace, who has been nominated in two categories....
Dove launches emojis with curly hair to promote Dove Quench
Unilever’s Dove brand has launched a dedicated set of emojis with curly hair to promote its hair care range Dove Quench. The Dove Love Your Curls Emoji Keyboard was designed in order to provide curly-haired women with more representative characters, after research...
Coty takes on two P&G executives following merger
Beauty powerhouse Coty will be taking on two of Procter and Gambles highest executives following the merger of 43 P&G brands next year. Coty has announced that Esi Eggleston Bracey, currently the Executive Vice President for P&G Global Color Cosmetics, will...
High end brands boost Estée Lauder’s third quarter profits
Premium brands such as MAC, Origins and La Mer have positively impacted Estee Lauder’s third quarter results, with the beauty giant posting a 36 percent increase in profit to $309.3 million in the three months ending September 2015. The luxury brands sector rose 8...
Markwins appoints new Chief Financial Officer
Colour cosmetics maker Markwins has announced the appointment of Ms Leslie H Hernandez as Chief Financial Officer, promoted from her previous position of Senior Vice President of Finance. The role is newly created for Hernandez and will see her report to company...
Nexeo up for grabs? TPG explores sale or IPO
TPG Capital Management is said to be exploring the possibility of a sale or initial public offering of Texas-based Nexeo, according to an exclusive report published by Reuters. The Reuters report estimates the chemical distribution company’s value at approximately...
Scaling up: Unilever Foundry launches in US
Unilever is launching its global platform to seek out and support start-ups, Unilever Foundry, in the US. The Foundry allows Unilever to test new technologies efficiently and effectively while also providing entrepreneurs with the chance to work on global projects,...
Sephora faces discrimination class lawsuit over customer loyalty accounts
Sephora is facing a discrimination class action lawsuit, alleging that the LVMH-owned retailer deactivated thousands of Asian customer accounts because it believed that the owners were taking advantage of exclusive discounts in order to bulk-buy products and re-sell...
Mary Kay commits to new Texan manufacturing facility
Having explored several options, including renovating its current Dallas manufacturing and research center, direct sales giant Mary Kay has decided to construct a new facility in Dallas/Fort Worth to house its global manufacturing and R&D operations. “After...
Emerging markets push organic sales up 5 percent at Colgate Palmolive
Colgate Palmolive has announced ‘solid organic sales growth’ for the third quarter of 2015 with worldwide organic sales up 5 percent, led by a strong performance in emerging markets. Sales in North America were driven by new product launches for an overall increase of...
Maxim Markenprodukte opens US sales division
German Maxim Markenprodukte has opened a US sales division to take its private label business to North America. The US division, known as Maxim Group, will be dedicated to building on the success of the company’s own brand business in personal care products. “We see...
Knowlton Development Corporation acquires Cosmetic Technologies
Ascendiant Capital Markets has announced the sale of its cosmetic manufacturing company Cosmetic Technologies to Knowlton Development Corporation. The acquisition of Cosmetic Technologies, a leading beauty and personal care products contract manufacturer based in...
Walgreens Boots Alliance to create drugstore giant with Rite Aid acquisition
Two out of the three biggest drug store companies in the US are set to join forces following Walgreens Boots Alliance acquisition of Rite Aid. The deal, thought to be in the region of $9.4 billion, will see the two powerhouses come together to further dominate the US...
We won’t let this slide. US pressure group slams teflon content in anti-aging products
The Campaign for Safe Cosmetics, a project of the Breast Cancer Fund has published a report claiming that several anti-aging products contain perfluorooctonoic acid (PFOA) – known commercially as Teflon – a chemical said to be linked to cancer, endocrine disruption...
P&G divestiture hits sales with worst drop in over a year for 1Q 2016
Procter & Gamble’s strategy of shedding non-core brands doesn’t seem to be paying off, according to a report published by Bidness Etc. The FMCG giant reported the worst drop in sales for more than a year for the first quarter of fiscal 2016, with grooming, beauty...
LovelySkin.com wins Bizrate Circle of Excellence Platinum Award
E-commerce site LovelySkin.com has been awarded the Bizrate Circle of Excellence Platinum Award for the fifth year running. The title is awarded to retailers that receive outstanding customer satisfaction scores, rated by millions of verified online buyers. Just 84...
L’Oréal signs deal with digital training specialist General Assembly
Cementing its position as a market leader in online evolution, L'Oréal has finalized a partnership agreement with New York-based digital training specialist, General Assembly. The partnership will build an online learning platform for employees at L'Oréal and is...
Fragrance maker SH Kelkar set to open its IPO to reduce debt
Flavors and fragrance firm SH Kelkar is set to open its initial public offering (IPO) on 28 October, 2015 in a bid to raise almost Rs.510 crore. Pricing its IPO in the range of Rs.173-180 per share, the offering will close on 30 October, 2015. The company is backed by...
RXi Pharmaceuticals selects two compounds for cosmetic product development
Biotechnology company RXi Pharmaceuticals has selected two compounds earmarked for cosmetic product development based on its proprietary self-delivering RNAi platform. The two compounds were selected for their potential efficacy in both cosmeceuticals and...
L’Oréal USA puts weight behind commitment to climate change and joins pledge
Beauty giant L'Oreal USA has announced that it has joined American Business Act on Climate Pledge in a bid to show support to the COP21 Paris climate negotiations and to cement its commitment to climate action. The company will accompany 80 companies from the US when...
Sephora: more beacons will be rolled out but need time to evolve
Beauty retailer Sephora has said that while beacons provide opportunities for more personalized in-store experiences, more time is needed in order to devise the best engagement strategy to make the most out of the android technology. Venkat Gopalan, Senior Director of...
L’Oréal targets older consumer with online make-up tutorials
Beauty behemoth L’Oréal has eyed a potential gap in the market and has created a series of online make-up tutorials aimed at helping the older consumer. It’s no secret that online make-up tutorials are taking the beauty world by storm, which have mainly been aimed at...
Mexican TV host Alejandra Espinoza becomes newest beauty ambassador for Revlon
Little-known Mexican TV host Alejandra Espinoza has become the latest beauty ambassador for Revlon, in a rags to riches story. Espinoza joins famous faces such as Emma Stone, Halle Berry and Olivia Wilde in becoming the latest face of the beauty brand, however, unlike...
Canadian senator issues warning over unsafe Chinese face paints for Halloween
As Halloween approaches, several children and adults will be looking to complete their fancy dress outfits with face paints but a Canadian senator has spoken out against the danger of novelty face paint kits manufactured in China, according to a report published in...
Coty’s acquisition trail continues with purchase of digital marketing firm Beamly
Coty has announced that it has entered into a definitive agreement to acquire Beamly, a cutting-edge digital marketing firm based in New York and London. Terms of the transaction were not disclosed. Beamly’s core activity is to drive audience growth and engagement for...
Unilever receives Salzberg Medallion for supply chain sustainability
Unilever has been awarded the prestigious Salzberg Medallion for its performance in supply chain sustainability. The prize is awarded annually by The Whitman School of Management at Syracuse University to individuals and organizations for their contributions in...
Ansell files patent infringement lawsuit against Reckitt-Benckiser-owned Durex
Ansell has filed a lawsuit in the US, charging Reckitt Benckiser with infringing its patents for Dip-formed Synthetic Polyisoprene Latex Articles with Improved Intraparticle and Interparticle Crosslinks via the distribution of the Durex RealFeel condom. Ansell is...
Birchbox launches private label make up line
New York-based subscription box make up service Birchbox has followed in the footsteps of Sephora and Ulta and has included its own brand of make up into its boxes. The brand’s new make up line is called LOC – Love of Color – and will reflect the make up trends of the...
KDC acquires Kolmar Lab Groups signalling move into color cosmetics
Leading contract manufacturer of health and beauty care products The Knowlton Development Corporation (KDC) has announced the acquisition of Kolmar Labs Group companies, Kolmar Laboratories and Aqupac Packaging. Based in New York, Kolmar is a custom formulator and...
Bluemercury founder carving out new path for the store following Macy’s take over
Following Macy’s purchase of beauty retailer Bluemercury in February, many wondered on what path the giant department store would send the small, little known beauty retailer. And that path, according to Bluemercury founder Barry Beck, is a path of ‘exceptionalism.’...
Sales down 7.4 percent for Johnson & Johnson third quarter
Johnson & Johnson has announced a decrease in sales to the tune of 7.8 percent to US$17.1 billion for the third quarter of 2015, compared to the same period in 2014. Excluding the net impact of acquisitions, divestitures and hepatitis C sales, on an operational...
Movers and shakers: L’Oréal and Shiseido ride the New York real estate market
L’Oréal is moving its New York retail space and training facility, while Shiseido has expanded its New York offices with the addition of an extra floor, according to a report published in the New York Post. L’Oréal’s store and Redken 5th Avenue NYC training facility...
Customer-focussed approach will win consumers back, says JC Penney CEO
JC Penney’s CEO Marvin Ellison is keen to make the shopping experience more seamless and customer-focused, whether in store or online, in a bid to lure consumers back. His plans include a remodelled layout, improved loyalty scheme and more focused marketing, according...
Nu Skin sales forecast slashed due to foreign currency problems
Cosmetics company Nu Skin has slashed its third-quarter revenue forecasts from a previously optimistic $620 million to $570 million, according to a statement. Hit by foreign-currency problems, Nu Skin shares fell following the news of the decreased sales outlook. The...
L’Oreal tones down Clarisonic advertising campaign targeted at male consumers
Beauty behemoth L'Oreal has softened its in-your-face advertising campaign to try and promote its facial skin cleansing product Clarisonic. The company launched a seven-figure advertising campaign by Tzeffry and Tzanetos in a big to break down the barriers of male...
Laneige skin care launches into Canadian market
Leading Korean skin care brand Laneige has followed on from its success in the US by launching into Canada. Now available at Sephora stores across the country, Laneige is hoping to achieve the same accomplishments it has in the US, South Korea, China, Hong Kong,...
Scienceploitation: concern for consumers over stem-cell claims
The official journal of the American Society for Aesthetic Plastic Surgery (ASAPS), the Aesthetic Surgery Journal has raised concerns over the use of stem-cell claims to market anti-aging products. The journal claims this is part of a wider trend whereby the language...
Scienceploitation: concern for consumers over stem-cell claims
The official journal of the American Society for Aesthetic Plastic Surgery (ASAPS), the Aesthetic Surgery Journal has raised concerns over the use of stem-cell claims to market anti-aging products. The journal claims this is part of a wider trend whereby the language...
Cosmetic brands cater to minority skin colouring
Many of the cosmetic behemoths that have until now largely let minority groups go under the radar are starting to make movements to develop products specifically targeting this consumer. Both mainstream and ethnic lines are becoming available for a more diverse...
Cosmetic brands cater to minority skin colouring
Many of the cosmetic behemoths that have until now largely let minority groups go under the radar are starting to make movements to develop products specifically targeting this consumer. Both mainstream and ethnic lines are becoming available for a more diverse...
US ‘sexual wellness’ market boosted by ageing female baby boomer generation and increased accessibility
The US ‘sexual wellness’ has seen a drive in growth thanks to the accessibility of the products as the category becomes more acceptable, according to a new study by Kline. According to the report, consumers are now more conscious than ever when it comes to their...
US ‘sexual wellness’ market boosted by ageing female baby boomer generation and increased accessibility
The US ‘sexual wellness’ has seen a drive in growth thanks to the accessibility of the products as the category becomes more acceptable, according to a new study by Kline. According to the report, consumers are now more conscious than ever when it comes to their...
The Sephora effect: can new brand Farmacy generate sales of US$6.5 million in a single year?
A new brand, developed by plant enthusiast Mark Veeder, is predicted to generate sales of US$6.5 million after Sephora agreed to stock the eight-sku line in 140 stores. Farmacy, which hit shelves earlier this month, is an all-natural line based on an original active...
The Sephora effect: can new brand Farmacy generate sales of US$6.5 million in a single year?
A new brand, developed by plant enthusiast Mark Veeder, is predicted to generate sales of US$6.5 million after Sephora agreed to stock the eight-sku line in 140 stores. Farmacy, which hit shelves earlier this month, is an all-natural line based on an original active...
Schwan Cosmetics USA opens US$40 million Tennessee facility
Schwan Cosmetics’ US branch has celebrated the opening of a new manufacturing plant and head office in Murfreesboro, Tennessee. The facility, which cost US$40 million, will integrate the company’s two former plants, in New Jersey and Tennessee into a single location,...
Kraton rumored to buy Arizona Chemical for US$1.2 billion
According to an exclusive report published by Reuters, Kraton Performance Polymers is in talks to acquire Arizona Chemical Company, for in excess of US$1.2 billion. Kraton, which produces engineered polymers for personal care products, is said to be among the bidders...
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