Albéa acquires tubes company
Packaging group Albéa has acquired Scandolara Tub-Est s.r.o, which operates a laminate tubes facility in Levice, Slovakia....August 23, 2016
Estée Lauder Companies posts 5% net sales increase in fourth quarter
US-based Estée Lauder Companies (ELC) saw net profit for the fourth quarter 2016 fall to $93.5m compared...August 19, 2016
Luxasia names new ceo
Singapore-based retail and distribution group Luxasia has named Wolfgang Baier ceo. Baier will replace the company’s founder-owner...August 17, 2016
Inter Parfums Inc sees sales and profit rise in second quarter
Inter Parfums Inc posted net profit of $5.8m for the second quarter of 2016, growth of 34%...August 16, 2016
The Peninsula Paris to support CEW France with breast cancer initiative
The Peninsula Paris hotel is supporting association CEW France’s beauty centers, which provide beauty treatments to cancer...August 16, 2016
Coty reports net loss of $31m for fourth quarter 2016
US-based Coty reported a net loss of $31m for the fourth quarter of 2016, against a net...August 16, 2016
Coty to launch new men’s fragrance for Roberto Cavalli
Coty is launching a new men’s fragrance for Roberto Cavalli this fall, which plays on a bohemian...August 16, 2016
Starck unveils first fragrances
Spanish group Perfumes y Diseño has unveiled the first fragrances from French designer Philippe Starck under a...August 16, 2016
Macy’s to close 100 stores
US-based department-store group Macy’s is to close around 100 full-line stores, or around 14% of its 728...August 11, 2016
Dufry extends duty-free contract in Melbourne
Swiss travel retailer Dufry has extended its contract for duty-free retail in Melbourne Airport. The partnership extends...August 11, 2016
Symrise profits and sales up in first half 2016
German flavor and fragrance company Symrise reported a 10% (+16% in local currency) increase in sales for...August 11, 2016
Arden narrows loss in fiscal 2016
US-based Elizabeth Arden posted a loss of $23.7m for the fourth quarter fiscal 2016 compared with a...August 11, 2016
Shiseido profit surges on back of Jean Paul Gaultier sale
Japanese group Shiseido’s net income for the first half of fiscal 2016 grew 351.8% to ¥24.5bn ($239.3m),...August 9, 2016
IFF sales and profit up in second quarter 2016
US-based flavor and fragrance company IFF reported net sales of $793.5m in the second quarter of 2016,...August 9, 2016
Tengram to acquire majority stake in Algenist
Private-equity firm Tengram Capital Partners is to acquire a majority stake in prestige skincare brand Algenist from...August 9, 2016
LVMH sees 4% sales increase for second quarter 2016
LVMH reported a 2% increase in sales to €8.57bn for the second quarter 2016. On an organic...July 26, 2016
L’Oréal to acquire IT Cosmetics
L’Oréal is to acquire US-based prestige beauty brand IT Cosmetics for $1.2bn. The brand, which was founded...July 23, 2016
L Capital Asia takes minority stake in Clio Cosmetics
L Capital Asia, a private-equity firm backed by French luxury goods group LVMH, has acquired a minority...July 22, 2016
Coty names Camillo Pane as ceo
US-based Coty has appointed Camillo Pane as ceo and member of the board. The appointment will be...July 21, 2016
L’Oréal inaugurates R&I center for Sub-Saharan Africa
L’Oréal has inaugurated a new research & innovation center for Sub-Saharan Africa, to study African hair and...July 21, 2016
Unilever posts 2% increase in net profit for first half 2016
Anglo-Dutch group Unilever posted a 2% rise in net profit, to €2.7bn, for the first half of...July 21, 2016
Hermes perfume sales up 11% in second quarter of 2016
French group Hermès’ perfume sales increased 11% (+11.3% at constant exchange rates) to €64.7m in the second...July 21, 2016
ELC makes appointments at Origins, Jo Malone
Estée Lauder Companies (ELC) has appointed Julie Van Ongevalle as senior vice president/global general manager, Origins. The...July 20, 2016
Giorgio Armani to launch new men’s perfume
Giorgio Armani (L’Oréal) is adding to its Eaux pour Homme collection by launching Eau de Nuit Oud,...July 20, 2016
Bulgari adds to Eau Parfumée collection
LVMH-owned Bulgari is adding a new fragrance to its Eau Parfumée collection this fall. Created by...July 20, 2016
Unilever to acquire Dollar Shave Club
Anglo-Dutch group Unilever has signed an agreement to purchase US male grooming brand Dollar Shave Club (DSC)....July 20, 2016
Boots set to launch in South Korea
Pharmacy group Walgreens Boots Alliance Inc has signed an agreement to form a franchise partnership with South...July 19, 2016
Goldman Sachs and Bain Capital Private Equity to acquire Carver Korea
Investment bank Goldman Sachs and private-equity firm Bain Capital Private Equity have agreed to acquire a majority...July 19, 2016
IFF-Lucas Meyer Cosmetics invests in Bio ForeXtra
Flavor and fragrance company IFF’s IFF-Lucas Meyer Cosmetics (IFF-LMC) has invested in Canada-based R&D laboratory Bio ForeXtra,...July 19, 2016
Revlon net sales up 1.3% in second quarter of 2016
US-based Revlon posted a 1.3% increase in preliminary net sales to $489m for the second quarter of...July 19, 2016