Boston-based private equity firm Yellow Wood Partners has acquired the North American operations of Unilever-owned personal care brand Suave as the European consumer goods major continues to divest parts of its beauty portfolio.
South Korean multinational LG Household & Health Care will be emphasising on its business in China and North America in a bid to reinforce its presence on the global stage, says its new president and CEO.
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.
The global economic downturn is having a notable effect on consumer behavior. So to help make sense of it all, the management consulting firm has complied data that zooms in on what motivates spending and how industry can respond.
The Ako plant marks an increase in Evonik's capacity in Asia. And, this is just the latest expansion of the company’s global silica capacity; plans are underway for new manufacturing sites in the Americas.
As the Holiday season is upon us and we wave goodbye to another year (where did the time go?!) it is time to reflect on what happened in the industry and pick out the success stories and the underperformers.
Japan-based cosmetics player Kosé has made clear its intent to expand into the North American market, with its acquisition of a 93.5% stake in New York-based colour cosmetics and skin care brand Tarte.
As economic growth in Asia-Pacific gives many countries in the region new-found wealth, this is translating into a plethora of increasingly sophisticated products that are turning the heads of international industry professionals.
The International Natural and Organic Cosmetics Association (Natrue) and Organic accreditation Service (IOAS) have launched a global accreditation program that aims to consolidate their existing accreditation offerings to cosmetic players worldwide.
Minnesota-based chemicals manufacturer BioAmber has partnered with Japanese firm Mitsui to build bio-succinic acid and 1, 4 butanediol (BDO) facilities targeting consumer demand for sustainable cosmetics and personal care products.
Japanese beauty firm Kao Brands has announced it will change its name to Kao USA in North America as it attempts to operate subsidiaries in this region and Europe as unified organizations in the major countries in which they operate.
As disposable incomes rise for emerging market consumers, sun care will become more affordable to many, urging Euromonitor to advise that sun care manufacturers should look to grow sales in poorer countries.
The Estée Lauder Companies (ELC) has appointed Christopher Wood to the position of senior vice president of the Global Strategic Modernization Initiative (SMI), to oversee the next stage of the program.