It has been an interesting year in the Latin American region, with economic and political volatility, environmental issues and sustainability all underpinning what has happened in the beauty industry.
Global beauty major L'Oréal has signed a long-term license agreement with high-end Italian fashion house Prada to develop a luxury beauty line it says will be an ‘ideal complement’ to its Luxe brands.
The beauty marketing executive joined Unilever this week as CEO of Sundial Brands, where she’ll not only lead the Sundial business (which currently consists of four brands) but also the new Sundial Brands Social Mission Board.
L’Occitane’s acquisition of Elemis in January has contributed to strong growth across the group for the first half of FY2020, with overall net sales up 22.1% and extremely fast growth in the UK.
This past week Coty bought controlling stake in Kylie Cosmetics, The Estée Lauder Companies acquired Korea-based skin care brand Dr Jart+, and Olaplex accepted a private equity deal from Advent International. To get a sense of what these transactions...
This week the professional hair brand and the firm announced a deal that will see Olaplex grow in terms of global market reach, product portfolio, and retail strategy.
The household cleaning company has bought 2 sun care businesses and a men’s skin care line this year, bringing the number of brands in the SC Johnson lifestyle category up to 8.
The Canada-based beauty and personal care manufacturer announced the latest in a series of acquisitions this week. This time the company adds California-based prestige manufacturer Benchmark to its global network of product production facilities.
This month’s investment deal between food and beverage venture capital firm BFG and skin care startup ZitSticka raised some eyebrows. So, Cosmetics Design checked with BFG partner Ben Fenton and ZitSticka co-founder Daniel Kaplan to find out why their...
L’Oréal has secured strong third-quarter earnings across its global business, driven largely by dynamic growth in its Luxe and Active divisions and business has accelerated across Eastern Europe.
L’Oréal has signed an agreement with Clarins Group to acquire its entire fragrance division which includes Mugler and Azzaro. The deal is set to close in the first quarter of 2020.
This month, the beauty packaging company announced its equity investment in 3 China-based companies specializing in components and complete makeup packaging solutions.
Shiseido set itself a 2020 sales goal of ¥1 trillion and surpassed that goal in 2017. The beauty maker’s new goal is to reach ¥1.2 trillion in sales by 2020 and to “be among the top three companies in the global prestige cosmetics market.” Shiseido’s...
A consortium of renowned institutional investors has acquired Nestlé Skin Health, rebranding the entire unit Galderma and refocusing it as a pure play dermatology business.
The Ontario, Canada – based color cosmetics brand announced a first funding deal with Raven Indigenous Capital Partners this week. The firm invests to support indigenous values and social enterprise. And while both the Cheekbone Beauty brand and the investment...
The site, founded by Jacqueline Gutierrez, went live late last week and promises to change the way beauty entrepreneurs raise funds, connect with consumers, and disrupt business as usual in the cosmetics, personal care, and wellness industries.
In 2012, the specialty chemical company established an in-house venture capital firm. Over the intervening years, the company has invested in nearly 20 businesses, many of which promise to influence the future of the cosmetics and personal care industry....
Next month, Rinderknech will take on leadership of a business division that accounts for just over one quarter of the company’s sales. And he has his work cut out for him; the most recent L’Oréal financial report describes the North America division’s...
In late August, the DIC Corporation (of which Sun Chemical is a subsidiary) announced having entered a definitive agreement with BASF to acquire the company's Colors & Effects global pigments business. BASF Colors & Effects serves several...
The non-profit Genome British Columbia and Phytonix Corporation announced a partnership this month that will result in a manufacturing platform where CO2 emissions from industrial facilities will be converted into specialty chemicals for use in the fragrance...
After two and a half years of holding controlling stake in the digital-first, direct-to-consumer beauty brand, Coty announced yesterday that the two entities have arrived at a “mutual decision to terminate their partnership.”
The global cosmetics and personal care ingredient supplier hired a chief accelerator director in 2017, invested in One Ocean Beauty in 2018, and this week the company is exhibiting at Uplink Live in New York City. At this year’s BeautyX Capital Summit,...
Consumer demographics are shifting here in the US and globally. And before long, formulators, manufacturers, brands, and retailers will focus more on the characteristics and curl pattern of hair than on any given consumer’s ethnicity. Cosmetics Design...
The once-a-year knowledge sharing summit is all about capital raising, funding strategies, and the financial realities of launching and running an independent beauty brand. And the 2019 edition of BeautyX Capital promises to be a must-attend event for...
The Canadian company announced this week that it has reached a deal to acquire Swallowfield’s beauty manufacturing business. The news comes just 2 weeks after KDC/ONE acquired Alkos and again furthers the company’s presence and capabilities in Europe.
Coconut oil is the hero ingredient in Kopari products. And the San Diego, California – based beauty startup has plans to grow its business even further, creating more coconut beauty products and reaching more consumers in-store and online.
Late last week, the multi-industry chemical supplier announced its latest acquisition. Adding the Custom Ingredients business to its portfolio means Charkit now offers that company’s popular ready-made ingredient blends for both personal care and industrial...
Recently, Canadian cosmetics and personal care manufacturer KDC/ONE has been growing steadily, opening new laboratory facilities in 2018 and again early this year, and acquiring several businesses to strategically bolster the company’s capabilities in...
The business Eric Korman founded in 2015 as a direct-to-consumer online brand set out to be a leader in the clean fragrance space and positioned itself early on as a brand that advocates for ingredient transparency. With new funding and new manufacturing...
This week, the Women’s Entrepreneurship Strategy initiative invested $100,000 to help grow the Cliona Derma beauty business and in doing so increase the number of women-owned ventures in the country.
Friday, when the company announced the news, also marked the accomplished fragrance and beauty executive’s first day in her new role—a role where she’s expected not only to grow the current Parlux Fragrances global business but also to generate new licensing...
Thanks to funding from an anonymous angel investor, GUNAS will soon be selling soaps. The company Sugandh Agrawal founded in 2009 is, according to New York City – based financial advisor Neil Mohinani, currently valued at $5 million and by 2025 that figure...
At the end of May, WES announced its support of 14 women-led businesses in Manitoba. Among the recipients are Heather Urqhart’s Huna Natural Apothecary and a brand called Tiber River Naturals, led by Adriana DeLuca and Michelle Lalonde.
A global licensing agreement, announced late last week, has the fragrance maker and designer accessories and fashion company working in partnership for more than 10 years.
Tupperware Brands Corporation owns 5 beauty and personal care brands: Avroy Shlain, Fuller Cosmetics, NaturCare, Nutrimetics, and Nuvo. As board chair and CEO, Stitzel now leads those brands as well as the company’s namesake food storage and home business....
The design-forward brand announced changes to the OLIKA leadership this month, along with plans to expand the business beyond its signature Birdie and Minnie hand sanitizers.
This week the fragrance maker announced its first quarter sales figures, boasting a net increase of 3.8%. While European product sales account for the bulk of the Inter Parfums business, a nearly 55% lift in US sales gets the credit for this quarter’s...
The 2-day educational event for indie beauty brand leaders takes place next month and features cosmetics and personal care retail experts from Credo, The Detox Market, Whole Foods, Neiman Marcus, Feelunique, Sephora, and more. To learn more about this...
While it was just last month when Mary Kay signed the United Nations Women’s Empowerment Principles. The company has been focused on women’s entrepreneurship since day one. To find out more about the Mary Kay approach to expanding women’s economic and...
The Salesforce executive will take her seat at the table March 1st; and later this year 2 board members will retire. The leadership changes come at a time of transition for Colgate: the consumer products company’s next CEO takes his post in April.
This week the conscious commerce beauty brand announced the gift, benefiting 50+ nonprofits serving women living with cancer, surviving domestic abuse, or transitioning out of homelessness.
The color cosmetics, skin care, and fragrance brand led by makeup artist Charlotte Tilbury announced the location of its first own-brand retail shop in North America this week. The flagship store is a next step in what has been a steady progression of...
This month the Columbus, Ohio – based cannabis company has opened both physical retail and online retail spaces serving beauty consumers in the US, looking for skin care, bath, and body care formulated with hemp-derived CBD.
At a benefit event in New York City last week, Linda Treska, founder of the waterless makeup brand Pinch of Colour, announced the launch of Blue Angel Charity, a nonprofit working in tandem with the brand to “combat the global water crisis.”
This week, the global consumer brands company (which owns Tom’s of Maine, Irish Spring, Lady Speed Stick, and other personal care brands) announced that Noel Wallace, currently COO at Colgate-Palmolive, will become CEO in April.
Last week, Flotek Industries announced that it is selling the Florida Chemical Company to the Archer Daniels Midland Company for $175 million. For ADM, it’s an opportunity to bolster its flavors and fragrances business.
