07 Dec 2023
--- L’Oréal plans to deepen its knowledge of microorganisms that live on the skin’s surface with the acquisition of Lactobio, a probiotic and microbiome research company based in Copenhagen.... Read More
04 Dec 2023
--- Deliveroo introduces “Deliveroo Shopping,” an on-demand online retail service alongside its existing restaurant food and grocery offering. With personal care and cosmetics on offer, the platform will host a range... Read More
30 Nov 2023
--- Japan’s Marubeni Corporation finalizes a significant capital alliance agreement with Japanese cosmetics house Osaji. The trading and investment conglomerate plans to allocate approximately ¥1 billion (US$6.8... Read More
29 Nov 2023
--- MAV Beauty Brands has found a buyer amid financial challenges. After seeing its year-on-year Q2 profits nearly halved, the company won approval from the Ontario Superior Court of Justice to pave the way for Nexus Capital to... Read More
28 Nov 2023
--- Pierre Fabre joins forces with diagnostic device maker Chowis to launch Dermoprime, a diagnostic system utilizing AI to analyze the skin, hair and scalp through the “Here to Care” professional diagnostics... Read More
27 Nov 2023
--- US-based Botanic Hearth, a subsidiary of Mensa Brand Technologies, enters the Indian market with the launch of its e-commerce platform. The cosmeceutical brand introduces a range of cruelty-free, 100% natural and... Read More
24 Nov 2023
--- Alibaba ventures back into the Vietnamese market. This time, according to Deal Street Asia, with a minority investment in the cosmetics and beauty chain Hasaki. Alibaba is making the move through its arm, Alibaba... Read More
22 Nov 2023
--- Black Friday is famous for its blockbuster deals as consumers hunt for bargain-basement sales one day after Thanksgiving. Traditionally an American holiday, shoppers worldwide now embrace the Black Friday phenomenon.... Read More
21 Nov 2023
--- Swiss-based Resveratrol maker Evolva finds a buyer in a family-owned business headquartered in Canada. Pending shareholder approval. Lallemand’s Swiss affiliate Danstar will acquire all of Evolva’s operations for... Read More
21 Nov 2023
--- Dermatology giant Galderma posts record net sales, crossing US$3 billion in the first three-quarters of the year and expecting to hit the higher end of its sales target for 2023. Net sales jumped 8.9% year-over-year in the... Read More
20 Nov 2023
--- The hunt for holiday deals has many consumers turning to Temu, a Chinese ultra-low-cost e-commerce platform that launched in the US about one year ago but has quickly become a dominant force in the world of bargain-basement... Read More
17 Nov 2023
--- This week, Beekman 1802 and Nestlé Toll House jointly unveiled a limited-edition goat milk body care collection for the holidays, capturing the nostalgic aromas of warm freshly baked goods. Eurofins Scientific... Read More
15 Nov 2023
--- Kimberly-Clark Professional has made a multimillion-dollar investment to expand the production of skin care products and strengthen its North American supply chain in response to increased demands in this space.
15 Nov 2023
--- Cosmetics company Natura &Co has agreed to sell The Body Shop to international private equity group Aurelius. The sale, valued at £207 million (US$258 million), aligns with Natura &Co’s commitment to... Read More
14 Nov 2023
--- DKSH, a provider of market expansion services, has entered into an exclusive partnership with Bionap, an Italian manufacturer of cosmetic ingredients, for operations in Germany, Austria and Switzerland. The Personal Care... Read More
13 Nov 2023
--- Shiseido has been hit with its most significant decline in 16 years as the Japanese cosmetics company revised its full-year profit outlook due to weakened demand from Chinese consumers. This downturn follows concerns... Read More
10 Nov 2023
--- Amid a slowly recovering global economic environment, Personal Care Insights rounds up the latest financial performances by specialty chemical providers Evonik and Azelis, and prestige fragrance company Inter Parfums and... Read More
08 Nov 2023
--- Element Eight, a US-based premium brand “bringing the advances of biomedicine to skin care” through its proprietary OATH: Oxygen Amplified Therapy, has closed US$6 million in funding in a SAFE round. The brand... Read More
06 Nov 2023
--- BASF and US-based technology start-up 3Helix Inc., have entered an innovation partnership on 3Helix’s proprietary Collagen Hybridizing Peptide (CHP) technology. The partnership involves an equity investment and... Read More
06 Nov 2023
--- In beauty industry financial news updates, ELF Beauty and Ashland have released their second quarter results and preliminary outlook for fiscal fourth-quarter performance, respectively. Among strategic moves to narrow focus... Read More