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Cosmetics

Weaker euro results in strong quarter for L'Oréal

Cosmetics company L’Oréal did better than expected in the fourth quarter. The weaker euro, combined with stronger American and Japanese sales, gave the company excellent results.

The Body Shop wants to become the world's most ethical company

On its 40th birthday, The Body Shop commits to becoming the world's most ethical and sustainable company, as stated in its new Global Corporate Social Responsibility strategy.

Axe makes a U-turn

Axe, Unilever's successful men's cosmetics brand, will change its marketing approach. Farewell macho clichés and say hello to the most diverse shapes of manliness. Social media reactions are overwhelming.

Kruidvat targets sizeable French expansion

Dutch pharmacy chain Kruidvat has major plans for French expansion. It only opened its first French store in Lille (Northern France) last month, but it wants to add several more soon.

Holland & Barrett (Essenza) put up for sale

Private equity firm Carlyle plans to sell Holland & Barrett, inside sources told British paper The Telegraph. Holland & Barrett is the parent company of De Tuinen and Essenza.

DA also requests suspension of payment

Convenience store chain DA Retailgroep joins V&D Group and Macintosh Retail Group as it has also asked the court in Amsterdam to grant its request for suspension of payment. All of the chain's stores will remain open.

Gillette launches shaving subscription

Razor blade brand Gillette has launched the Gillette Shave Club, a subscription service that will home-deliver razor blades at fixed times. The Netherlands will be the first European country to enjoy the service.

Ecover sells professional branch to Greenspeed

Laundry and cleaning product manufacturer Ecover has sold Ecover Professional, which means it is no longer active in the B2B market and will solely focus on consumer sales in the future.

Beate Uhse cuts 50 jobs

Erotics company Beate Uhse, parent company for Pabo.nl among others, will cut 50 jobs. The biggest hit will be in the division that takes care of the paper catalog.

First French store for Kruidvat

Dutch store chain Kruidvat has opened its first store in France, opening up a new market. The new store is located in Lille and will also have major French brands for sale.

Sephora flagship store on Champs Elysées open until 23h30

Two years ago, a judge forced the Champs Elysées-based Sephora store to close its doors at 20h30, but the world's largest perfumery has changed its opening hours once more, until 23h30.

Third quarter turnover and profit growth for Henkel

German trade group Henkel has had an excellent third quarter, despite a weaker Chinese economy, which is mostly bad news for its Adhesive Technologies branch.

Nivea boosts Beiersdorf's results

German skin care manufacturer Beiersdorf has raised its full-year forecast after sales for Nivea skin care products managed to beat third quarter expectations.

Disappointing turnover for Procter & Gamble

Procter & Gamble's turnover has dropped extensively over the past quarter, so much so that it was the largest turnover drop in the past 7 quarters. The strong dollar has also had its impact on turnover.

Equivalenza wants 50 stores in Belgium and the Netherlands

Spanish perfume formula Equivalenza quickly wants to expand its number of Belgian and Dutch stores: the chain will open 50 stores as soon as possible.

Nivea withdraws from European "travel retail"

Nivea's parent company Beiersdorf has decided to halt its entire European Nivea Travel Retail activity because of disappointing results. Its non-European travel retail branches will continue as planned.

Estée Lauder's turnover drops

For the first time in three quarters, American cosmetics firm Estée Lauder saw its net turnover drop. The strong dollar had a huge impact, but the demand for its skin care products also dropped overall.

Coty exceeds expectations

Cosmetics firm Coty has performed better in the fourth quarter than analysts had expected. It revealed a nice profit, which is much better than the loss it had to endure in the same time frame last year.

Double-digit turnover growth for Henkel

German Henkel's turnover and net profit were up considerably, mostly thanks to more sales in emerging markets and favourable exchange rate fluctuations.