For the ninth successive year L’Oréal has been listed amongst the top most ethical companies in the world in the international organization’s 2018 World’s Most Ethical Companies, an award that is seen as setting the bar for ethical practices.
In a sign that the major beauty corporation is keeping up with its commitment to diversity and equality, global beauty giant L’Oréal has been awarded a French prize for commitment to gender equality.
Cosfibel Group has announced ‘strategic changes’ within its governance, as the packaging player looks to ‘consolidate the group’s expansion on a global level’.
L’Oréal saw its Group sales rise 1.8% for the first quarter 2016 to €6.55 billion, thanks to gains made in Western Europe and North America offsetting difficulties encountered in some emrging markets due to the strengthening euro.
All eyes were on David S. Taylor, as he made his first public presentation as CEO and President of Procter & Gamble since he was appointed to the position last year.
Estée Lauder Companies has announced additional responsibilities for executive group president John Demsey, while also promoting Jane Hertzmark Hudis to group president.
The opportunities in the halal cosmetics market have been highlighted over the last few months with many big players looking at ways to prosper in it and it will be one of the main focuses at next year’s Cosmoprof Worldwide Bologna, according to show...
Six beauty and personal care players have been singled out by think tank the Ethisphere Institute, in its 2015 World’s Most Ethical Companies list for having exemplary business practices.
Procter & Gamble has announced an executive reshuffle that may line up David Taylor to take over from A.G. Lafley in the CEO role, while targeting business realignment focused on flagging personal care sales.
Despite an overall increase in net sales, cosmetic leader, Revlon,
reported a third quarterly loss on Tuesday, due to costs incurred
for the discontinuation of unsuccessful product line, Vital
Radiance, and company restructuring.
US cosmetics brand Jane has teamed up with two private equity
groups to boost its presence in the market with what it hopes will
be the "next great mass market cosmetic brand."
Sales of care chemicals were up 3 per cent in the first half of
this year at German company Cognis, which said the increase to €577
million was driven largely by the skin care and fatty alcohol
businesses.
Procter & Gamble announced it has signed a US$30 million (€24
m) contract for future business over the next 18 months with
Amantea Nonwovens, a minority-owned nonwovens company, to provide
materials for tampons and nappies (diapers).
