In this round-up of financial results, M&As and funding drives in the cosmetics industry, we highlight news of Shiseido selling of its personal care unit, POND’s plans to double e-commerce business in SEA and SUGAR Cosmetics expansion plans following...
The global beauty industry is working hard to make circularity a mainstream reality, reinventing and reconsidering all aspects of complex supply chains. But what does the future truly hold as industry tries to close the loop?
India-based organic beauty brand Juicy Chemistry has its sights set on the US, Europe and domestic expansion, while at the same time exploring a raft of organic NPD opportunities after securing $6.3m in Series A funding.
Companies need to rethink how they implement sustainability initiatives and should integrate them it into the ‘heart’ of their business models, a panel of experts at the Global Fragrance Summit organised by the International Fragrance Association (IFRA)...
L’Oréal’s Garnier brand has received Cruelty Free International’s Leaping Bunny approval on its entire global portfolio after months of work with its vast supplier network – a move that proves exactly what is possible on a mass beauty scale, says the...
TikTok has expanded its partnership with Shopify across Europe, giving beauty brands direct access to run and manage social media ad campaigns via the e-commerce platform – a move that will create buzz amongst a highly engaged and diverse mass of beauty...
This summer, a new series called Going Public will stream on Entrepreneur.com and across that publication’s social channels. Both accredited and non-accredited investors will have the opportunity to invest in companies appearing on the series.
Māori-owned ingredient maker Organic Bioactives is focusing on expanding its reach in Asia with the establishment of a Singapore office and a new product pipeline after winning the top prize in L'Oréal’s start-up competition.
Prestige beauty major The Estée Lauder Companies will up its investment in mass functional beauty player Deciem, establishing terms for full ownership in three years – a move that will diversify it into the increasingly important masstige market, an expert...
Procter & Gamble will continue to prioritise superior product design, packaging, and retail execution because it is a far-reaching opportunity that can strengthen long-term competitiveness, says its vice chairman, COO and CFO.
Japanese personal care major Kao Corporation is prioritising investments in digital technology as part of its plans to radically reform its cosmetics unit which has been severely affected by the COVID-19 pandemic.
International beauty major L’Oréal has reported an overall loss in net profit for the full year of 2020, despite a spike in sales for the fourth quarter, most notably in active cosmetics and across China.
Japanese cosmetics major Shiseido Company saw its financial performance continue to dip in the fourth quarter, resulting in a 18.6% decrease in net sales and an 86.9% loss in operating profits for the full year of 2020.
Fragrance-flavour major Givaudan will acquire French artificial intelligence (AI) firm Myrissi to take on its cutting-edge sensory translating tech that connects smell, colour and emotions, enabling innovative storytelling and fresh consumer engagement...
International beauty major Revlon has partnered with MDR Brand Management to create a global brand extension strategy that takes it into new spaces and drives deeper consumer engagement across the EMEA, APAC and Americas.
Japanese cosmetic giant Shiseido Company has announced the decision to sell its low-cost personal care business to CVC Capital Partners in a deal worth 160 billion yen ($1.5bn) in order to focus on its more high-end cosmetic brands.
Bulgarian online retailer Undone Store has added South Korean skin care brand Boutijour into its portfolio in January 2021 as it looks to double the number of brands on the store by the end of this year.
Personal care giant Colgate-Palmolive has reported a net sales rise for the fourth quarter and full year of 2020 – growth it says can be continued with the right strategies, particularly around premium innovation.
The French Federation for Beauty Companies (FEBEA) says its recently developed digital app Claire will help industry professionals provide consumers with clear and concise ingredient information – ever more important given digital and social trends.
Personal care giant Procter & Gamble (P&G) has reported a net sales rise for its second quarter (Q2) of fiscal 2021, continuing its upwards trajectory globally despite challenges associated with the ongoing COVID-19 pandemic.
South East Asian fashion retailer FJ Benjamin Holdings (FJB) has recently expanded into beauty with the addition of cult skin care Dr. Barbara Sturm Molecular Cosmetics to tap into the growing demand for skin care amid COVID-19.
The cordless-hair-tool startup, founded by Stacey Boguslavskaya and Monica Abramov in 2017, plans to use the capital to develop new tech, expand internationally, and double the size of the Lunata team.
UK and EU beauty brands and retailers will certainly face new challenges in a post-Brexit world, but there remain plenty of opportunities to flourish with the right strategy and focus, particularly online, says an executive at e-commerce specialist Global-e.
This month, the multinational beauty maker’s venture capital fund announced a minority investment in Replika Software, a tool that lets brands create a ‘retail partnership’ with any individual active on social or streaming platforms.