Hypermarcas purchases two manufacturers
Brazilian maker of cosmetics and cleaning products, Hypermarcas, has agreed to buy York Industria e Comercio and Facility Odontologia e Perfumaria for R$179m...More>>
9 March 2010
Mibelle buys majority stake in Hallam Beauty
Swiss beauty group Mibelle Cosmetics has bought a majority share in Hallam Beauty, a UK-based contract manufacturer of cosmetics and personal hygiene products...More>>
9 March 2010
New fragrance event will "transcend boundaries"
International Flavors & Fragrance (IFF) has joined forces with Parsons The New School for Design, New York ’s Museum of Modern Art (MoMa), Coty and Seed to create a one-day event called Headspace: A Symposium on Scent as Design...More>>
5 March 2010
Beiersdorf cuts its dividend as sales and profits slip
German beauty giant Beiersdorf saw its group sales slip 0.7% to €5.75bn in 2009 (-3.7% in nominal terms), albeit compared to its record-breaking year in 2008, said chairman Thomas-B Quaas....More>>
4 March 2010
L’Occitane to bloom at Chelsea Flower Show
For the first time in the brand’s history L’Occitane en Provençe will sponsor a show garden at the RHS Chelsea Flower Show in London in May...More>>
3 March 2010
Elizabeth Arden marks centenary in style
To commemorate its 100 th anniversary Elizabeth Arden has created two limited edition products...More>>
2 March 2010
9 March 2010
Brazilian maker of cosmetics and cleaning products, Hypermarcas, has agreed to buy York Industria e Comercio and Facility Odontologia e Perfumaria for R$179m.
Out of that number, R$100m will go to York , which makes feminine-hygiene products, and R$79m will go to Facilit, which is an oral-hygiene company.
In other Brazil news, the government announced it would raise tariffs on 102 US exports, including cosmetics and toiletries, in an effort to end subsidies to cotton producers.
The tariffs will go into effect in 30 days and will be valid for one year.
9 March 2010
Swiss beauty group Mibelle Cosmetics has bought a majority share in Hallam Beauty, a UK-based contract manufacturer of cosmetics and personal hygiene products.
Neither party would disclose the financials.
Hallam was founded in 2005 by the GRI Group and employs 270 people. Over the five years of its existence, the company says it has built itself into one of the UK’s leading independent cosmetics manufacturers and has quadrupled its turnover to £37m.
The company now plans to use the investment to reinforce its international business.
Mibelle, which generates annual sales of SF200m, is part of the Migros group, a Swiss retail and manufacturing conglomerate.
5 March 2010
International Flavors & Fragrance (IFF) has joined forces with Parsons The New School for Design, New York ’s Museum of Modern Art (MoMa), Coty and Seed to create a one-day event called Headspace: A Symposium on Scent as Design.
IFF perfumers such as Loc Dong, Clement Gavarry and Laurent Le Guernec worked with “accidental perfumers” – or designers – to create unique applications for scent in everyday life. A film will document these creations and New York Times perfume critic Chandler Burr will be on hand to moderate dialogues with the accidental perfumers.
Headspace will also bring together a panel of experts, including IFF vice president, senior perfumer Carlos Benaim, researcher and author Anna Barbera, conceptual scent artist Sissel Tolaas, architecture and design critic Sylvia Lavin and neurobiologist Sylvia Lavin.
Headspace will be held in New York on 26 March. For more information see www.headspace2010.com.
4 March 2010
German beauty giant Beiersdorf saw its group sales slip 0.7% to €5.75bn in 2009 (-3.7% in nominal terms), albeit compared to its record-breaking year in 2008, said chairman Thomas-B Quaas.
“The economic crisis has changed the environment for the cosmetics industry worldwide, and we will need to be even more flexible and focus even more on our core competencies in the future,” Quaas added. “Beiersdorf already sees itself as being well positioned for this ‘new reality’ and will leverage opportunities for further growth.”
Beiersdorf said it had reacted swiftly to this changing landscape in early 2009 and, as a result, its consumer business segment’s organic growth grew 1.2% to €5.01bn, stretching its market shares in Eastern Europe, Latin America, North America, Africa/Asia/Australia and China.
Much of this growth came from the company’s mass market and pharmacy brands. Nivea’s sales were up 1.3% in organic terms, while Eucerin grew 6.5%. La Prairie, in sharp contrast, plunged 8.7%.
Beiersdorf’s operating result fell from €797m to €587m and its post-tax profit was down from €567m to €380m.
The company has cut its dividend from €0.90 per share to €0.70. However, it is confident it will outgrow the market in 2010 and increase its EBIT margin to more than 11%.
3 March 2010
For the first time in the brand’s history L’Occitane en Provençe will sponsor a show garden at the RHS Chelsea Flower Show in London in May.
The garden’s design is inspired by the Provençe region’s plant species including lavender, verbena and juniper as well as landscape including olive and almond trees.
Chelsea veteran contractor Peter Dowle included these elements in creating the garden, which will feature the scents, colours and textures synonymous with Olivier Baussan’s, L’Occitane founder, vision of the brand.
The garden will feature plant species that grow in Provençe and the Mediterranean, which comprise the key ingredients in L’Occitane’s collections, as well as the peony flower, which will make its debut in the upcoming fragrance and colour cosmetics launch in May.
L’Occitane has 43 boutiques in the UK.
2 March 2010
To commemorate its 100 th anniversary Elizabeth Arden has created two limited edition products.
The Anniversary Scented Candle is fragranced with a reinterpretation of Arden’s iconic fragrance, Red Door, by IFF’s Clement Gavarry. The porcelain container is decorated with illustrations of women and their fashions from significant dates in the company’s history, such as the opening of the first Arden salon on New York’s Fifth Avenue with its emblematic red door, or the launch of Eight Hour Cream and Blue Grass in the 1930s.
The Anniversary Lipstick is coloured Red Door Red and contains emollients, vitamins A, C and E and hydrating aloe vera. The gold case is designed to recall the glamour of 1940s makeup and refers to the company’s long history of cosmetics.
All proceeds from the lipstick will go to the charity Look Good Feel Better.
The candle and lipstick launch worldwide in May, priced £25 and £18 respectively.