Industry buzz
Boots to open first ever fragrance-only concept store in London
The British retailer has revealed plans to open this autumn “a first of its kind fragrance boutique” in Broadgate Central, near Liverpool...
Former Merck pigment business Susonity now part of GNMI Group
Merck’s former Surface Solutions business is now officially part of Global New Material International (GNMI), a leading supplier of...
Quadpack brings PET dip-in production to Europe
At its Kierspe factory, in Germany, the group has expanded its injection-moulding facilities to produce monomaterial lip gloss bottles in...
EU-US deal on tariffs: “not good news” for the cosmetics sector, says L’Oréal CEO
The announcement of 15% US tariffs “is not good news” for the cosmetics sector, a key European industry, L’Oréal CEO Nicolas Hieronimus...
Michael Friede joins Symrise from Brenntag to head the Scent & Care business
Michael Friede, who previously served as CEO of Brenntag Specialties, has been appointed to the Executive Board of Symrise. He will take...
L’Oréal’s CEO remains optimistic for 2025 despite US tariffs
French cosmetics behemoth L’Oréal announced on Tuesday, July 29, a 1.6% increase in revenue to EUR 22.47 billion for the first six months...
Interparfums reports a 5.8% increase in sales in the first half of 2025
Interparfums saw its sales increase by 5.8% in the first half of the year to EUR 446.9 million (USD 525 million), with business remaining...
LVMH reports 4% drop in first half sales and 22% decline in profit
French luxury group LVMH (Louis Vuitton, Dior, Celine, Moët Hennessy) saw net profit plummet 22 percent in the first half of 2025, the...
Financial results: Fine fragrance drive Givaudan sales in the first half of 2025
Swiss fragrance and flavor company Givaudan reported rising sales for the first half of 2025 on Tuesday, July 22, driven once again by...
Longchamp inks licensing agreement with Interparfums
French leather goods brand Longchamp announced on Tuesday, July 22, the signing of a fragrance licensing agreement with France-based...
