Cosmetics
American cosmetics group Elizabeth Arden has finally found a new investor, which was needed after a record dive in turnover in its last quarter. In the past quarter, it has to deal with a 145 million dollar loss.
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American cosmetics giant Estée Lauder has had another excellent year, with both net profit and turnover going up. Its fourth quarter broke every record, its New York main office said.
Belgian Ecover has changed the design of its entire product range to improve visibility and to create more turnover with environmentally conscious consumers.
Beiersdorf, the company which owns Nivea among others, managed a 5 % turnover growth in the first half of 2014 with its largest growth in Africa, Asia and Australia.
Perfume chain Pour Vous will expand through 5 former DA stores after it has struck a deal with its 5 different owners.
Cosmetics firm L'Oréal has not reached analysts' expectations in the second quarter of 2014, mainly because of a lower demand in the United States.
Drugstore chain D.I.O. has expanded its reach with another 7 stores, all former DA Retail stores. DA Retail is currently embroiled in a discussion with several franchisees.
Drugstore chain DA is currently clashing with a part of its franchisees over how its new company concept should be implemented. Several franchisees apparently already cancelled their agreement.
French cosmetics company L'Oréal has acquired American NYX Cosmectics, one of the world's fastest growing brands for make-up artists. It will become the 29th big brand in the French arsenal.
HEMA is not in receivership, the department store chain has stated in a press release. It refutes the claims made by Financieele Dagblad, which had stated that several banks and Lion Capital took control.
HEMA has been placed in receivership, with its British owner Lion Capital and the banks that had lent it money as its curators.
Make-up retailer Sephora has developed a mirror that can put on make-up through augmented reality, so that customers can try make-up without having to put it on.
German erotica company Beate Uhse has struck a deal with El Asira, a cosmetics company from Amsterdam, to conquer Muslim countries. CEO Serge van der Hooft gives himself 6 months to conquer "an enormous growth market".
Jessica Doucet, from Liege, has taken the idea of a food truck and transformed it into a mobile beauty parlor, in order to visit the client instead of having them come to the store.
Water brand Marie-Stella-Maris has launched a beauty product web shop and has also started selling directly to consumers.
Dutch cosmetics company Rituals has a new Chief Financial Officer (Maartje Bouvy) and will also get a new president of its board of directors (Robert Polet).
