Business & financial

P&G Beauty chief to become company’s new CEO

P&G Beauty chief to become company’s new CEO

By Andrew MCDOUGALL

Procter & Gamble announces that David S. Taylor, Group President of Global Beauty, Grooming and Health Care, will succeed A.G. Lafley as the company’s President and Chief Executive Officer.

Elizabeth Arden focuses on Southeast Asia expansion

Elizabeth Arden focuses on Southeast Asia expansion

By Michelle Yeomans

The global cosmetics player has appointed a new president, JuE Wong, effective August 3th, and has also signed an agreement with prestige beauty distributor Luxasia Ventures as it sets its sights on Southeast Asia expansion.

AmorePacific invests in Jeju 'hub' to encourage tourism

AmorePacific invests in Jeju 'hub' to encourage tourism

By Michelle Yeomans

AmorePacific has invested in South Korea's Jeju Province to establish a hub that will allow the software, beauty and tourism industries to form a network and gain access to tools that develop products.

Coty said to be closing in on P&G acquisition

Coty said to be closing in on P&G acquisition

By Simon Pitman

Share prices in Coty have risen significantly as rumors gather pace that the company has won out in the bidding war to buy part of Procter & Gamble’s beauty portfolio.

Fujifilm signs new deal with Algatech to expand astaxanthin supply

Fujifilm signs new deal with Algatech to expand astaxanthin supply

By Michelle Yeomans

After almost a decade of sourcing Algatech’s astaxanthin as the main active for its Astalift skin care products, Fujifilm has now signed a supply and long-term agreement to distribute the company's astaxanthin raw materials in Japan.

Jumei buys stake in Korea's 'Its Skin'

Jumei buys stake in Korea's 'Its Skin'

By Michelle Yeomans

Jumei, China's leading online beauty retailer has acquired a minority stake in Korean prestige brand It'S SKIN, which has become extremely popular with Chinese consumers.

Emami moves into scalp care with 'Kesh King' business

Emami moves into scalp care with 'Kesh King' business

By Michelle Yeomans

Emami has moved into the ayurvedic scalp care segment with the acquisition of six year old hair care brand 'Kesh King’, reportedly one of the largest deals in India's FMCG sector.

SEC to sue trader over fake Avon bid

SEC to sue trader over fake Avon bid

By Simon Pitman

The US Stock Exchange Commission has confirmed that it is to sue the Bulgarian trader who filed fake documents purporting to a takeover bid for Avon Products.

Shiseido confirms Burberry deal!

Shiseido confirms Burberry deal!

By Michelle Yeomans

Shiseido has confirmed it has signed an agreement with luxury fragrance house Burberry to distribute its colour cosmetics and fragrance products in Japan.

A look at Clariant's commitment to China..

A look at Clariant's commitment to China..

By Michelle Yeomans

Specialty chemicals player Clariant is working on catering to China's mega trends for the packaging sector among others, with 'new additives, pigments and master batches'. 

Lumson moves airless packaging into Australia

Lumson moves airless packaging into Australia

By Michelle Yeomans

Cosmetics packaging specialist Lumson is taking its 'world-first' Airless Bottle Technology to Australia and New Zealand through Sydney cosmetics manufacturer Trulux.