business

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12 Apr 2024
--- BGG, a leading Chinese branded ingredient supplier, has revealed plans to create a new global headquarters in Switzerland as a launchpad for international expansion. Operating as BGG World, the company intends to diversify... Read More
11 Apr 2024
--- L’Occitane International owner Reinold Geiger is reportedly close to taking the company private in a deal with Blackstone. The French skin care company’s filing halted trading of its Hong Kong-listed shares this... Read More
11 Apr 2024
--- Summit Partners, the majority owner of Dr. Squatch, is reportedly considering the sale of its men’s grooming brand that it hopes will value the company at over US$2 billion. The private equity company is talking to... Read More
08 Apr 2024
--- Today, Spanish company Puig announces plans to go public, making it one of Spain’s largest initial public offerings (IPO) in years. The family-owned company will proceed with the IPO of its class B shares. According to... Read More
04 Apr 2024
--- Biological beauty company Grown Alchemist says it needs more flexibility, so it has decided to leave the L’Occitane Group and become a privately-held company. Andre Hoffmann, the former vice-chairman and CEO of... Read More
03 Apr 2024
--- Clariant completes its acquisition of Lucas Meyer Cosmetics, a provider of “high-value” ingredients for the cosmetics and personal care industry, from International Flavors and Fragrances in a deal worth US$810... Read More
02 Apr 2024
--- Univar Solutions broadens its beauty and personal care activities through an exclusive distribution agreement for pigments and colorants with Koel USA, a subsidiary of Koel Colours. “Today’s consumers are looking... Read More
02 Apr 2024
--- Lonza Capsules and Health Ingredients highlights the importance of science-backed ingredients and capsule technologies amid heightened consumer demand for supplements with proven health benefits. Nutrition Insight meets the... Read More
02 Apr 2024
--- Symrise expands to India as part of a joint venture with Virchow Group to manufacture personal care ingredients from the German chemicals company’s portfolio. The new company operates under the name Vizag Care... Read More
25 Mar 2024
--- Investor confidence in a beauty-led resurgence of Europe’s IPO ecosystem has eyes on the market debuts of Swiss skin care brand Galderma and the perfumery and cosmetics retailer Douglas. Douglas’ stock fell more... Read More
25 Mar 2024
--- Some UK retailers are enforcing price freezes and cuts to help consumers cope with the rising cost of living. Superdrug froze prices for 5,000 makeup products while Next reduced prices after larger profits than predicted,... Read More
22 Mar 2024
--- Nutrition, health and beauty provider dsm-firmenich joins forces with Interstellar Lab, a biotechnology start-up specializing in biofarming solutions to “unlock new dimensions in olfactive richness and sustainable... Read More
20 Mar 2024
--- Singer and actress Selena Gomez may offload her cosmetics empire, Rare Beauty. With a valuation of US$2 billion, the company reportedly hired financial advisers to weigh offers for a potential sale. According to Bloomberg,... Read More
14 Mar 2024
--- Natura posts full-year fiscal results while the Beauty Health Company (BeautyHealth) releases its annual review, taking stock of current market demand for cosmetic devices, and BIA Brands acquires Asa Beauty in a play to... Read More
11 Mar 2024
--- Puig, the parent company of Charlotte Tilbury, generated €4.3 billion (US$4.7 billion) in revenue in 2023. This was a 19% increase in net revenue from the previous year. The company says it achieved the results despite... Read More
08 Mar 2024
--- Galderma’s confirmed plans to list on the SIX Swiss Exchange could be Europe’s largest since Porsche went public in 2022. In its floatation on the Swiss stock exchange later this month, the skin care giant will... Read More
06 Mar 2024
--- This month could see German multinational perfumery and cosmetics chain Douglas go public as it tries to raise €1.1 billion (US$1.2 billion) when it lists on the Frankfurt Stock Exchange. Daniel Pindur, managing partner... Read More
04 Mar 2024
--- The Body Shop Canada announces it will close approximately a third of its stores and cease online sales as it seeks creditor protection. It commenced “restructuring proceedings” by filing a Notice of Intention to... Read More
26 Feb 2024
--- L’Oréal USA launches the second edition of its Inclusive Beauty Fund, which provides financial support and resources to small businesses and entrepreneurs in the beauty industry, with a focus on people of color.... Read More
20 Feb 2024
--- Coty and Italian luxury fashion house Etro join forces with a new license agreement. With this move, Coty seeks to broaden its portfolio of producing and distributing fragrances and home scents, with the partnership set to... Read More
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