business
25 Apr 2024
--- Health Canada’s Natural and Non-prescription Health Products Directorate (NNHPD) authorizes Kaneka Probiotics and AB-Biotics to sell the Latilactobacillus sakei (L. sakei proBio65) probiotic in Canada, promoting a...
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25 Apr 2024
--- Unilever’s stock rises on the London Stock Exchange after the company posted better sales than expected with the beauty division leading the way and consumers returning to pricier, brand-name products. The earnings...
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17 Apr 2024
--- Indian consumer healthcare company Cipla Health (CHL) has acquired the cosmetics and personal care business of Ivia Beaute, including its popular brands Astaberry, Ikin and Bhimsaini, for a reported price of Rs 130 crore...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Big beauty IPO snapshot: Galderma’s shares climb at market debut, Douglas dips in Frankfurt comeback
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...
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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,...
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Fragrance week: dsm-firmenich partners with Interstellar Lab for agrotech-based perfumery innovation
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...
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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,...
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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...
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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...
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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...
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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...
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