News
Givaudan’s first-half profit weighed down by currency headwinds
Industry buzz
Swiss fragrance and flavor group Givaudan reported lower-than-expected first-half net profit on Thursday, July 23, as the strong Swiss...
Symrise set to acquire Floral Concept to strengthen its fragrance division
Companies & industry
The German beauty, fragrance, and flavor giant has signed an agreement to acquire 100% of the share capital of Floral Concept, a French...
LVMH appoints Yann Musquin as head of its perfume division
Industry buzz
LVMH, the world’s largest luxury group, announced on Thursday, July 23, the appointment of Yann Musquin as Chief Executive Officer of...
Interparfums posts resilient first-half growth despite geopolitical headwinds
Industry buzz
Interparfums Inc., which develops and distributes fragrances for brands including Guess, Jimmy Choo, Coach, and Montblanc, among others,...
French lawmakers ban social media for under-15s in EU first
Laws & regulations
France’s parliament on Tuesday, July 21, approved a bill banning social media access for children under 15, making France the first...
After Temu, EU sanctions AliExpress over illegal product sales
Industry buzz
The EU on Monday, July 20, slapped online retailer AliExpress with a 550-million-euro (USD 630 million) fine for allowing the sale of...
K-Beauty’s global boom: Sales up 131% in two years, says NIQ
Markets & trends
New data from the consumer intelligence firm shows K-Beauty global value sales rose 53% year-over-year and 131% over two years. In...
Madeleine Boyd joins the Estée Lauder group to boost brand desirability
Industry buzz
Amid the ongoing restructuring of its brand portfolio, The Estée Lauder Companies has appointed Madeleine Boyd as Senior Vice President,...
ACT Beauty develops four bag and pouch designs for Ella Baché
Industry buzz
Ella Baché has entrusted ACT Beauty with the design of a line of gifts that also serve as secondary packaging for the brand’s skincare...
Collapse of seaweed harvests in Brittany sparks concerns over the resource
Ingredients & formulation
A "catastrophic" year with seaweed harvests in freefall: Breton harvesters fear for the future of their profession as dwindling...
