Industry buzz
Unilever announces profit slump on Russia exit and restructuring costs
British consumer goods giant Unilever on Thursday, February 13, announced falling net profits for 2024, hit by exiting Russia and other...
Shiseido posts net loss in 2024 amid China consumption turmoil
Japanese cosmetics giant Shiseido reported a net loss of 10.8 billion yen (about USD 71 million) for 2024, mostly due to a slump in sales...
Syensqo and Bota Bio partner to develop biomimetic ingredients for hair care
Syensqo and Bota Bio have entered into a strategic five-year partnership to develop a high-performance innovative bio-based protein...
L’Oréal confirmed acquiring a minority stake in luxury perfume brand Amouage
Overshadowed by the buzz surrounding L’Oréal’s beauty partnership with fashion brand Jacquemus, the group’s investment in the Omani brand...
Geka presents first “Made in US” collection at MakeUp in Los Angeles 2025
The Geman-based manufacturer of application and packaging solutions for the beauty market Geka will unveil its latest collection of...
Coty: Sales drop 3% in Q2 despite strong fragrance performance
The U.S. cosmetics and fragrance group Coty announced on Monday, February 7, a 3% drop in its sales in the second quarter of its...
Albéa Matamoros partners with Drunk Elephant on sustainable skincare products
Drunk Elephant chose Albéa Cosmetics & Fragrance to launch three new skincare products with a sustainability twist: D-Bronzi,...
Mary Kay promotes Dr. Lucy Gildea as Chief Brand and Scientific Officer
The world’s leading direct selling brand of skin care and color cosmetics [1] has announced on Thursday, February 6, the appointment of...
Eight copolyester resins from Eastman receive RecyClass approval
Eastman received RecyClass Recyclability Approvals for eight copolyester resins and their equivalent Renew grades, containing recycled...
Jacquemus taps into the perfume market with L’Oréal taking a stake
French cosmetics giant L’Oréal has struck a partnership deal with Jacquemus that includes L’Oréal taking a minority stake in the...
