Procter & Gamble announces that David S. Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as the company’s President and Chief Executive Officer.
Elizabeth Arden’s second quarter results fell more than 17% as it struggled against currency headwinds, challenges in the China market and celebrity fragrances that have lost their shine.
Revlon CEO Alan Ennis has resigned suddenly and has been replaced by David Kennedy as the vice chairman and interim CEO, the company’s board of executives has revealed.
Avon Products has confirmed that its non-executive chairman, Fred Hassan, has resigned from the board of directors, while announcing his replacement with immediate effect.
Nivea skin care maker Beiersdorf reported an increase in profits for full year 2012 with all of its core brands showing strong growth, and will continue to focus on success in the emerging markets going forward.
Avon Products has appointed a new head for its China operations, a move that aims to smooth over the heavy burden of ongoing bribery investigations and poor financial results.
Avon Products has confirmed in an SEC filing that its vice chairman Charles Cramb has been fired following ongoing investigations into bribery centred on its China operations.
More and more cosmetic ingredient companies are growing their presence in China as they look to take advantage of R&D opportunities and being close to local customers in the fast-growing market.
German chemical company Oxea is looking to capitalise on local customers in China as it announced it will build its first chemical plant in the region for the production of oxo derivatives that are used in personal care products.
The Esée Lauder Companies has appointed Wei Sun Christianson to its board of directors, a move aimed at tapping into key knowledge of the fast expanding China market.
Beiersdorf has announced new measures designed to focus the business on skin care, which it says will weigh on next year’s operating margin, including pulling out of the color cosmetics market in Germany.
Migami, a US-based company that has made its name developing and
testing clean air technology, has acquired assets in the company
Innovay, giving it a new direction purchasing licensing rights for
cosmetic and pharmaceutical products.
Global cosmetics giant Beiersdorf has announced the next step in
its restructuring plan with plans to sell off the production and
logistics facilities for its France-based affiliate.
Having confirmed strong sales growth for the first three months of
the year, German cosmetics giant Beiersdorf says it is expecting to
build on growth during the course of 2006.
Oriflame's less than impressive debut as a public listed company
and falling profits has prompted major boardroom changes,
highlighted by the appointment of Magnus Brännström as the
company's new CEO, Simon Pitman reports.
Essel Propack, an important manufacturer of laminated tubes used in
the cosmetics, personal care and toiletries sector, has acquired
the UK-based Arista Tubes, which manufactures plastic seamless
tubes.
Atrium this week announced its full acquisition of active
ingredient supplier Siricie. The €1.6 million cash deal
demonstrates the trend of biotechnology companies moving further
towards novel products.
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