Unilever buys South American Quala's care division

Unilever acquired South American company Quala’s care product range to its own portfolio. Similarly to Unilever, Quala has food brands, which will become its new focus.

Strong turnover and profit increases for Henkel

Henkel’s first quarter turnover and profit both grew a lot. It also achieved a nice feat: for the first time ever, the German trade group surpassed the 5 billion euro turnover milestone.

The Body Shop targets mobile with its new eCommerce platform

Store chain The Body Shop launched a new eCommerce platform, better suited to mobile devices. The goal is generate 20 % of its turnover from online channels within the next few years.

Plenty of interested parties for The Body Shop

French cosmetics company L’Oréal has received fifteen bids for its British chain The Body Shop, for which it hopes to get at least one billion euro. The bidders reportedly include private equity firms like CVC, Carlyle, Advent and Bain Capital.

Collaboration between Burberry and perfume specialist Coty

Not even five years after Burberry took full control of its perfume activities, the British luxury brand will once again outsource it once more. American specialist Coty will manage the popular My Burberry, Mr Burberry and other perfumes from October onward.

British cosmetics company Lush considers options outside of UK

Because of the increased concerns about brexit's fallout, British cosmetics company Lush is looking to expand beyond the UK's borders. It fears it may have to pay increased import taxes and that it cannot find the right employees easily any more.

L’Oréal wants to sell The Body Shop

French cosmetics giant L’Oréal has asked business bank Lazar to investigate the different options for the environmentally-conscious store chain The Body Shop, but it is likely the ailing chain would be put up for sale.

New Head & Shoulders bottle made of washed up plastic

Procter & Gamble will manufacture a new Head & Shoulders bottle, partially made from washed-up plastic. The bottle will also be fully recyclable.

Unilever acquires hair care brand Living Proof

Unilever has reached a deal to acquire Living Proof, a hair care product manufacturer, for an undisclosed fee. It is mostly known for its biomedical research into hair problems.

Henkel will invest heavily in its top brands

Henkel is set to invest more in its ten biggest brands, because its by new CEO Hans van Bylen,wants these to contribute more turnover in the future.

European ban on animal testing for cosmetics upheld

The European Court of Justice has decided there will be no exceptions to the ban on animal testing for cosmetics after the Federation of Cosmetics Ingredients took the case to court.

Unilever acquires ecological laundry detergent manufacturer

Unilever is set to acquire Seventh Generation, a company focused mainly on ecological cleaning agents, for about 700 million dollars (625 million euro).

Lush moves European production to Germany following Brexit

British cosmetics group Lush is moving its European production to Germany because of the result of the British EU membership referendum.

Henkel increases full-year profit forecast

In the past quarter, German Henkel - manufacturer of brands like Schwarzkopf, Persil and Pritt - sold more, although the negative impact of the exchange rates meant turnover ended up lower than last year. Luckily for Henkel, profit did increase.

Turnover drop and profit growth for Procter & Gamble

Procter & Gamble's fourth quarter turnover was lower than last year's fourth quarter, mainly because of negative exchange rate fluctuations and its divestment from Venezuela.

Sephora looks to Tinder for ad campaign inspiration

Make-up brand Sephora looked to dating app Tinder for its new ad campaign, with customers swiping left and right to browse the brand's different looks.

Unilever buys Dollar Shave Club

Unilever has acquired American start-up Dollar Shave Club, which has a subscription-based business model for shaving and toilet products. No fee was disclosed, but sources indicate it may be some 900 million euro.

Ontex bids for Brazilian diaper manufacturer

Brazilian media claim Belgian Ontex has tabled a bid for Brazilian pharmaceutical company Hypermarcas' diaper division. The company from Eastern Flanders also acquired Mexican Grupo Mabe last year.

Cosmetics brands need to become more sustainable

The cosmetics industry is struggling with its sustainability efforts: out of thirty examined brands, 22 fail to surpass a score of 30 % according to a Rank a Brand study. Only five get more than 50 %.

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