Global beauty company Coty has announced it is expanding a deodorant factory in Brazil which it first opened in 2012. According to Newtrade, the R$20 million ($3.7 million) expansion at Coty’s Goias plant will increase production capacity for aerosol deodorants by 30%, adding one new production line in addition to the three that are currently operating. The investment will also be focused on upgrading processes and layout of lines, as well as the acquisition …
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Global food manufacturer Kerry Group has entered into an agreement to acquire Bio-K Plus International, a Canada-based firm that develops, manufactures, and distributes “clinically supported” probiotic fermented beverages and supplements in the North American market. Kerry Group said the acquisition would expand its portfolio of products orientated to the growing proportion of consumers demanding functional foods, beverages, and supplements made with clinically supported functional ingredients. Neil Cracknell, President Kerry Applied Health & Nutrition, said: …
Unilever, the multinational consumer goods giant, has announced the acquisition of Liquid IV, a California-based drinks concentrate company. Liquid IV is described as a health-science nutrition and wellness company that produces electrolyte drink mixes called Hydration, Energy, and Sleep, distributed across the USA. The company uses cellular transportation technology to quickly deliver water and nutrients to the bloodstream, Unilever said. Brandin Cohen, founder and CEO of Liquid IV, said: “We …
Sporting goods brands United Sports Brands has announced the acquisition of Glukos Energy, a manufacturer of energy supplements products. Glukos Energy provides the “ultimate source of natural energy” for athletes, offering a range of products high in glucose such as drinks, gels, and chewable tablets, allowing its consumers to achieve high levels of performance. Michael Magerman, president and CEO of United Sports Brands said: “We believe that Glukos’ commitment to …
Cosmetic giant Edgewell has announced the acquisition of Cremo, a Men’s grooming company for US$235 million. Founded in 2005, Cremo is one the fastest growing men’s grooming brands in the U.S., offering a full range of care products for the beard, skin, hair, and body. The transaction is part of the Edgewell strategy to acquire selective fast-growing and profitable brands such as Schick and Wilkinson Sword to increase its presence …
German household and personal care giant Henkel has announced the acquisition of 75% stake of Invincible Brands Holding for an undisclosed sum. Founded in 2015, Invincible Brands Holding is a platform of direct-to-consumer (D2C) beauty brands, distributed all across Europe. This deal will involve three major brands: HelloBody, Banana Beauty, and Mermaid+Me producers of premium beauty care products that support clean beauty and sustainability. Carsten Knobel, Henkel CEO, said: “As …
Nestle Health Science has announced the acquisition of majority skate in Vital Proteins, a producer of supplements, vitamin, food, and beverage products. Founded in 2013, Vital Proteins brand portfolio’s includes Atrium Innovations, Garden of Life, Pure Encapsulations, and Persona, distributed across 35,000 retailers. Greg Behar, CEO of Nestle Health Science, said: “This is an exciting opportunity for Nestle Health Science to enter a growing area of nutrition with a successful …
Spanish-based perfume and fashion company Puig has announced the acquisition of a majority stake in makeup brand Charlotte Tilbury. Launched in 2013 by Charlotte Tilbury itself, the British-based brand creates and develops luxury makeup and skincare products. Charlotte will continue as chairman, president, and Chief Creative Officer of the company. According to the company press release, this acquisition “will add an established and rapidly growing makeup and skincare brand to …
The global beauty company Coty has announced the sale of the majority stake of its Professional Beauty and Retail Hair Businesses for $4.3 billion to global investment firm KKR. Owner of brands such as Clairol, OPI, ghd, and Wella, Coty is one of the biggest beauty companies making cosmetics, skincare, fragrances, and hair colour products worldwide. According to sources, the deal will be crucial to consolidate Coty’s balance sheet and …
Leading household and personal care firm P&G has announced the launch of a plastic-free format for its deodorant brands Old Spice and Secret. According to sources, the paper tube packaging uses 90 percent recycled content and is certified by the FSC. The paperboard tube does not contain wax, plastics, BPA, or PFA and has an interior coating that is made from an FDA-approved fluorochemical and corn-derived starch to make the …
Unilever, the Anglo-Dutch consumer goods giant, has announced the completion of the merge between GSK Consumer Healthcare (GSK India) and its Indian Affiliate, Hindustan Unilever Limited (HUL). The deal, previously announced in December 2018, was subject to legal and regulatory approvals, which are now secured. In addition to this merge, HUL will acquire the Horlicks Brand in India to GSK for $404.59 million. Brian McNamara, CEO of GSK Consumer Healthcare, …
PZ Cussons, a leading consumer products group, has announced the sale of its Polish care brand Luksja and its plans to sell its Nigerian dairy business Nutricima. The Greek personal care company, Sarantis Group, was the buyer of Luksja. The group will also distribute some PZ Cussons brands in Central and Eastern Europe. Nutricima is planned to be sold to an affiliate of Royal FrieslandCampina in the Netherlands, where the …
Coty, the global fragrance and cosmetics firm, has announced it has taken a 51% stake in Kylie Cosmetics, the beauty brand owned by media personality Kylie Jenner, for $600 million. Kylie Cosmetics offers a range of lip, eye and face make-up, and generates around $177 million in annual turnover. Coty said the strategic partnership would allow the two parties to jointly build and further develop the existing Kylie Cosmetics beauty business into …
Celsius Holdings, the maker of fitness drink Celsius, has announced the acquisition of Func Food Group, a Finnish supplements and health foods firm, for $15.1 million in cash and the assumption of $9.5 million of outstanding debt. Func Food is a markets and distributes beverages, protein bars, supplements and superfoods under the brands Celsius, FAST Sports Nutrition, CocoVi and FitFarm. Celsius Holdings said the deal represented an opportunity to quickly …
Simply Good Foods, a branded nutritional and snack foods firm, has announced it has reached an agreement to acquire the functional foods maker Quest Nutrition for $1.0 billion in cash. Quest Nutrition is described as being focused on creating snacks with high protein levels but minimal sugars and net carbohydrates. The firm’s product lineup includes snack bars, biscuits, savoury snacks, protein powders and pizzas. “The acquisition of Quest strengthens Simply …
Kirin, Japan’s second-largest brewer, has announced it is foraying further into the health and beauty space with the ¥129.3 billion ($1.22 billion) acquisition of a 30.3% stake in cosmetics and health food maker Fancl, according to a report in the Nikkei Asian Review. The alliance between the two firms will reportedly focus on the joint development of health foods, drinks and supplements. The companies are also said to be considering …
Ampro Industries, a US-based manufacturer of multicultural hair, skin, and personal care products, has announced the acquisition of several personal care brands from Keystone Laboratories, according to a Global Cosmetic Industry report . The products being acquired are said to include the conditioner Long Aid, Ultra Glow skin cream, Better Braids shampoo, Better Locks hair cream and K7 hair oil. Commenting on the deal, an Ampro spokesperson said: “We believe …
Colgate-Palmolive, the household and personal care giant, has announced it has signed an agreement to acquire the Filorga skin care business for an equity purchase price of €1.496 billion (approximately $1.690 billion). The US firm said the deal, which is expected to close in the third quarter of 2019, was part of its strategy to focus on its higher-margin oral care, personal care and pet nutrition businesses, and expand its portfolio …
Johnson & Johnson, the leading personal care and pharmaceutical firm, is aiming to boost its environmental credentials with the launch of a concentrated shower gel in France as part of the Le Petit Marseillais range, according to an LSA report. Described as the first mass-market product of its kind in France, Le Petit Marseillais Concentrated Shower Gel is due for launch in August or September of this year. A 100ml bottle of the …
L’Oreal, the French personal care company, has confirmed it has entered into exclusive negotiation with Clarins, a French skin care, cosmetics and perfume firm, with a view to acquiring the brands Mugler and Azzaro. Mugler and Azzaro are positioned as luxury fashion and toiletry brands with a range of male, female and unisex fragrances. Mugler was created by French fashion designer Thierry Mugler, while the Azarro label was founded by …
SC Johnson, the privately held US manufacturer of household cleaning products, has announced it has reached a deal to acquire Sun Bum, a manufacturer of sun protection, hair care, lip care and other personal care products. “The Sun Bum brand is a welcome addition to our portfolio of trusted products”, said SC Johnson chairmain and CEO Fisk Johnson. “It also expands our robust selection of fast-growing, on-trend products like Babyganics, …
Genuine Health, a Canadian supplements company, is making what is said to be its first acquisition in its 26 year history with the purchase of natural skincare firm Basd for an undisclosed sum, according to an article in Beauty Independent. The Basd lineup comprises around 10 products including body wash, body lotion and an exfoliating coffee scrub. Commenting on the deal, Genuine Health CEO and founder Stewart Brown said: “Natural …
Unilever, the Anglo-Dutch consumer goods giant, has announced it has reached a deal to acquire the US skincare brand Tatcha for an undisclosed sum. The firm described Tatcha as a modern skincare brand rooted in classical Kyoto rituals, adding that it had become a cult favourite by introducing Japanese skincare to other parts of the world. Tatcha’s product range is based on a formula of green tea, rice and algae, and …
Canopy Growth, a cannabis company based in Smiths Falls, Canada, has announced it has finalized an all-cash transaction to acquire This Works, a UK-based natural skincare and sleep solutions firm, for a purchase price of £43 million ($54.49 million). The firm’s best-known products are sad to include a deep sleep pillow spray, morning expert hyaluronic serum, and skin deep dry leg oil. “Through their unique approach of formulating solutions that …
Beiersdorf, the German personal care heavyweight, has announced it has reached a deal to acquire the Coppertone suncare brand from chemicals firm Bayer for a purchase price of $550 million. Founded in 1944, Coppertone is described as the first sun care brand launched in the US market, and its product range is currently distributed in the USA, Canada and China. It generated sales of $213 million in 2018. Beiersdorf said Coppertone …
The Hut Group, an online health and beauty businesses, has announced the acquisition of Christophe Robin, a “luxury” natural haircare brand, for an undisclosed sum. Christophe Robin offers a range of 70 different products including shampoos, masks, conditioners, “colour boosts” and lotions designed for a variety of different needs. The brand has listings in multiple geographies including the UK, US, Europe and Asia through retailers such as Sephora and Space …
Target, the US grocery retailer, has announced the launch of a new private label personal and homecare line under the Everspring brand name that is “designed with sustainability in mind”. According to a press release from the retailer, the line is composed of more than 70 household essentials such as laundry detergent, cleaners, dish soap, candles and hand soap. Besides featuring biobased, recycled materials and natural fibres, the products also …
Unilever, the consumer goods giant, has announced that it has reached an agreement to acquire Olly Nutrition, a San Francisco headquartered company that makes vitamins, minerals, and supplements. Olly Nutrition is known for its gummy vitamins and supplements, and also sells protein powders and snack bars. Amanda Sourry, president of Unilever North America, commented: “We are delighted to welcome Olly Nutrition to our portfolio of brands. Olly is a strong, …
Unilever, the consumer goods giant, has announced it has signed an agreement to acquire the Fluocaril and Parogencyl oral care brands from P&G, the US FMCG multinational. Fluocaril and Parogencyl are described as therapeutic brands sold in the pharmacy channel, mostly in the Spanish and French markets. Fluocaril offers oral care solutions specialising in protection against cavities, while Parogencyl tackles gum issues. Unilever said the acquisition would give Unilever a …
Unilever, the consumer goods giant, has announced it is expanding further in the premium skincare category with the acquisition of derma-cosmetic firm Garancia for an undisclosed sum. Sold mainly in pharmacy channels and through selective retail distribution, Garancia offers 38 facial and body skincare products that are claimed to feature “clean and effective formulas combined with a scientific approach”. Founded in 2004 by pharmacist Savéria Coste, the brand now offers a …
Atlantic Grupa, a Hungarian manufacturer of food and beverages, has announced it has sold its sports and functional nutrition division to the German food and beverage trading business Genuport for an undisclosed sum. The transaction includes Multipower, described as one of the European leaders in the sports and functional food market, with a range of products and food supplements for athletes and recreational athletes, as well as the brands Champ …
E-commerce giant Amazon is expanding its burgeoning private label range with the launch of a new dedicated line of skincare products under the name Belei. Claimed to offer solutions for different skin types and to feature ingredients with proven effectiveness, the new 12-strong line of products includes moisturisers, serums, eye cream and spot treatments. They are advertised as being free from parabens, phthalates, sulfates and fragrance, and are designed to …
Hipp, the German infant products firm, is developing its offering in the personal care space with the launch of a range of nappies as part of its Hipp Babysanft (“Baby Soft”) brand. Marketed as “extra soft”, Hipp nappies are described as being especially kind to skin, thanks to a “unique softness” formula and the avoidance of “undesirable additives” such as perfumes and lotions. They are also said to be made from …
Mondelez International, the US confectionery and snacks firm, has revealed it has taken a minority stake in Uplift Food, a start-up focusing on prebiotic functional foods, for an undisclosed sum. The investment is the first Mondelez International has made via its SnackFutures venture hub, announced last November, which aims at unlocking snack growth opportunities around the world. Uplift Food’s Daily Uplifter is a vanilla-flavoured dietary supplement described as containing “gut-nourishing” prebiotics to …
US food company Hormel Foods has announced it has agreed to sell its CytoSport sports nutrition business to fellow US consumer goods firm PepsiCo for an undisclosed sum. Hormel Foods acquired CytoSport, which markets the Muscle Milk and Evolve Protein range of protein powders, shakes and bars, in 2014 for approximately $450 million. Commenting on the sale, Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods, …
US based household paper firm Kimberly-Clark has announced its intention to close its plant in Eldorado do Sul, Rio Grande do Sul, Brazil. The closure is part of a restructuring plan announced in 2018. According to Jornal do Comercio, 260 direct and indirect jobs will be affected by the decision, which is linked to Kimberly-Clark’s three-year global restructuring program. The company is reported as saying that the production of sanitary …
Leading consumer goods firm Unilever has announced it has acquired The Laundress, a premium-positioned eco-friendly line of detergent, fabric care, and home cleaning products based in New York, USA. Founded in 2004 , The Laundress is described as being “dedicated to turning necessary household chores into a luxurious and enjoyable experience”. The firm’s product line includes laundry and fabric detergent products such as detergent, fabric conditioner and bleach alternative, alongside …
Leading healthcare and pharmaceuticals firm GlaxoSmithKline (GSK) and Pfizer have announced plans to merge their respective consumer health businesses in a move that will see GSK separate to create two new global companies. GSK said it would have a majority controlling equity interest of 68% in the joint venture, which has combined sales of approximately £9.8 billion ($12.7 billion) and will bring brands such as Sensodyne, Voltaren and Panadol together with Advil, Centrum …
Clarins, the French toiletries giant, is launching a new brand of natural toiletries in France and the UK under the My Clarins brand. According to a report in Cosmetics Business, the new line will target the 18 to 29 year old age bracket and will initially consist of nine products. Available from January 2019, the range is said to consist of formulations that are mostly 88% of natural origin and …
Migros, the leading Swiss grocery retailer, is expanding in the healthcare space with the acquisition of the Topwell pharmacy chain via its subsidiary MedBase. Topwell is described as Switzerland’s oldest pharmacy chain and operates a network of 42 stores in the German-speaking part of the country. Its product range includes healthcare and beauty items alongside infant nutrition and other related products. Migros said it intended to combine the MedBase and Topwell …
Post, the US cereal giant, has announced it is to spin off its active nutrition business through an IPO. The company said it had approved a plan to separate its active nutrition business into a publicly traded company, “creating a scalable, high growth asset with dedicated capital resources and the strategic flexibility to pursue both organic and M&A opportunities”. Post’s nutritional arm markets ready-to-drink protein and other beverages, protein powders, nutrition …
PepsiCo, the snack food and soft drinks giant, has announced its further expansion into the health and wellness arena with the acquisition of plant-based food maker Health Warrior. Founded in 2011 Health Warrior makes products such as nutrition bars, mug muffins and protein powder that are described as containing plant-based superfood, nutrient-dense and gluten-free ingredients and also as being low in sugar. The acquisition is PepsiCo’s first to form part …
US-based discount retail chain Wal-marthas announced the acquisition of Cornershop, a leading online marketplace for crowdsourced on-demand deliveries from supermarkets, pharmacies and specialty food retailers in Mexico and Chile, in a deal worth $225 million. According to Walmart, the transaction is an important step forward to accelerate the company’s omnichannel capabilities and its growth in Latin America. Judith McKenna, president and CEO of Walmart International, said: “Cornershop’s digital expertise, technology and …
Freedom Foods Group, the Australia based cereal and snacks producer, has announced the acquisition of nutrition products manufacturer Crankt Protein for A$3.5 million ($2.5 million). Based in New South Wales, Crankt Protein produces protein snack bars and shakes which are sold in Australia and New Zealand through fitness retailers, petrol stations and other channels. Freedom Foods Group manufactures and markets breakfast cereal, snacks, dairy and non-dairy milk as well as …
Johnson & Johnson, the leading healthcare firm, has announced that it has reached an agreement to acquire the natural medicine and supplements business Zarbee’s for an undisclosed sum. Founded in 2008, Zarbee’s is the owner of the Zarbee’s Naturals brand of healthacare products for adults and children, including throat lozenges, cough medicine, vitamins and immunity support supplements. Commenting on the deal, Katie Devine, global president, OTC Franchise, Johnson & Johnson Consumer, said: …
International cosmetics firm L’Oreal is strengthening its presence in the natural personal care space with the acquistion of the German company Logona. Founded in 1978 and based in Hanover, Germany, Logona markets a range of products under brands such as Logona and Sante, with an emphasis on plant extracts and natural ingredients. The firm’s premium-positioned Logona brand range includes haircare, skincare and hygiene products and is mostly sold through specialist channels. Meanwhile the …
P&G, the leading household and personal care firm, has acquired makeup and skincare firm First Aid Beauty, according to a report in WWD. The transaction is said to be valued at around $250 million, although P&G declined to disclosed specific terms of the deal. Founded by Lilli Gordon in 2008, First Aid Beauty markets a range of toiletries and cosmetics designed to target skin concerns such as acne, eczma, redness and …
Blue Gem, the private equity firm that owns upermarket retailer Liberty, fashion brand Jack Wills and baby care firm Mamas and Papas, is expanding in the cosmetics market with the acquisition of Iconic London. Launched via Instagram in 2015, Iconic London offers “cruelty-free” and vegan make up products and is said to have built a following of 800,000 consumers through social media. The company offers a broad range of cosmetics, including eye …
Henkel, the German household and personal care giant, is launching a new line of natural toiletries under the brand name Nature Box, according to a Lebensmittel Zeitung report. The new brand range, which comprises both haircare and skincare products, is designed to “appeal to a new audience, reinvigorate the category and become an important pillar within our personal care business”, the company is quoted as saying. Leading retailer DM currently …
Consumer goods giant Unilever has signed an agreement to acquire a 75% stake in the Italian personal care and wellbeing business Equilibra. Founded in Italy in 1987, Equilibra is a natural health & beauty firm using plant-based ingredients with functional benefits such as aloe, shea (karite), argan and almond. Its product range includes skin and hair care products, as well as nutritional supplements. Unilever said Equilibra would be run as …
Ganassini, an Italian personal care firm, is acquiring UK luxury beauty brand The Organic Pharmacy, according to a report in Cosmetics Business. The deal, which marks Ganassini’s entry into the organic products space, will see The Organic Pharmacy sit alongside Ganassini’s other brands such as Rilastil and Korff, and also the natural beauty brand Bioclin. The Organic Pharmacy offers a broad personal care range including skin and body care as well as male …
French cosmetics giant L’Oreal is planning the launch of a new brand of organic cosmetics for this coming September, according to an LSA report. Named La Provencale Bio, the product range is set to source many of its main ingredients from the south-eastern region of Provence, and will also be manufactured in France . Intended for mass market distribution, La Provençale Bio will be based on natural ingredients such as …
FMCG multinational Unilever has announced plans to build a new personal care plant in Palmira, Colombia for brands such as Tresemme, Dove and Sedal, according to a report in Dinero. The decision comes a year after Unilever acquired Quala’s personal hygiene unit, which includes brands such as Savital and Savile hair care and skin cleansing products, male hair care and hairstyling brand eGo, hair care brand Bio-Expert, oral hygiene brand …
Kaufland, the leading German supermarket chain operated by the Schwarz Group, has announced the launch of a new private label brand called Bevola, focused on health and beauty and exclusively available at Kaufland stores. Launched with the slogan “love yourself – take care of yourself”, the brand line consists of over 120 items targeted at “the whole family”. Products under the new brand include face, body and shave care produces for …
The Hut Group, the health & lifestyle e-retailer, is further strengthening its presence in the cosmetics space with the acqusition of mascara brand Eyeko, Cosmetics Business reports. Eyeko, a UK firm founded in 1999, specialises in a range of eye cosmetics including mascara, eyeliner and eyeshadow, as well as offering eye care products such as serum and cleansing wipes. The deal is the latest in a series of acquisitions that has …
L’Oreal, the global beauty firm, has announced the acquisition of the Korean fashion and cosmetics firm Nanda for an undisclosed sum. Founded in the South Korean capital Seoul in 2004, Nanda is spearheaded by its make-up brand 3CE which today represents more than 70% of its business. The firm generated revenues of €127 million ($152 million) in 2017 and employs nearly 400 staff. Described as “a highly desirable brand among Korean and Chinese …
Insight by Gama Compass MANCHESTER – 11th April 2018: The proportion of consumers following vegan diets is on an upward curve, and this is being increasingly reflected in product launch activity in the FMCG arena, according to the latest figures from Gama Compass. Data from for the first few months of 2018 shows that as many as 9% of new consumer goods launches are now promoting a ‘vegan’ claim, up from …
Merck, a German firm active in sectors such as life sciences and healthcare, has that is has announced an agreement to sell its consumer health business to consumer goods giant Procter & Gamble for €3.4 million ($4.2 billion). The acquisition will allow P&G to expand its consumer healthcare portfolio to include brands such as Femibion, Neurobion, Nasivin and Seven Seas. Merck’s range includes products for muscle, joint and back pain, …
GlaxoSmithKline (GSK), the UK based healthcare multinational, is to buy out its stake in its consumer healthcare venture with Novartis at a cost of $13 billion. The joint venture, which includes the toothpaste brand Sensodyne and painkiller brand Panadol, as well as Nicotinell stop smoking aids, was formed in 2015 as part of Novartis’ portfolio transformation, which comprised a three-part inter-conditional transaction with GSK, including the combination of the Novartis …
Consumer goods giant Unilever has announced it is to invest $120 in Pakistan over two years as it seeks to unlock “the country’s high potential for long-term growth”. The Anglo-Dutch giant said the majority of the investment would be used to enhance manufacturing operations across Unilever’s four factories in Pakistan. “We have been a part of Pakistan’s growth for nearly 70 years, during which time we have seen our business grow …
Natural foods firm Carrington Farms has announced the acquisition of Tera’swhey, the leading producer of organic whey protein in the US. Madison, WI based Tera’swhey was founded in 2009 and produces USDA. certified organic whey protein made from grass-fed dairy cows. The company also offers rBGH-free whey protein and goat whey protein powder. Announcing the move in a statement, the two firms described Tera’swhey’s products and approach as being “closely …
Fonterra Ventures, the investment arm of the New Zealand dairy giant, has announced that it is bolstering its presence in the nutrition space through an investment in Goodminton, the German holding company behind the Foodspring start-up. Described as Fonterra Ventures’ “first strategic partnership”, the deal will enable Fonterra to tap into active nutrition, a segment which it described as rapidly expanding. Commenting on the deal, Judith Swales, Fonterra chief operating offficer, Velocity …
Edgewell Personal Care, a US-based manufacturer of shave, sun, skin and feminine care products, has announced an agreement to acquire Jack Black, a luxury male grooming company. Founded in Dallas, TX in 2000, Jack Black is described as the number one brand in the US men’s prestige skincare market and offers a product range spanning skincare, body care, shaving, hair care, fine fragrance, razors, and gift sets. Commenting on the deal, Edgewell …
Portuguese retailer group Jeronimo Martins has launched a new beauty care private label brand for its Pingo Doce stores named Be Beauty Care. According to sources, the range includes eight face and body care products that are suitable for different skin types and are made with natural ingredients such as shea butter. They are claimed to be hypoallergenic and free from parabens, artificial colours and silicones. Pingo Doce marketing director …
FMCG giant Unilever has announced that it has reached an agreement to acquire US based personal care company Schmidt’s Naturals for an undisclosed sum. Schmidt’s Naturals is an Oregon-based company that produces personal care products such as deodorant, bar soap and toothpaste. According to a Unilever press release, Schmidt’s Naturals aims to make natural products accessible to everyone and produces award-winning deodorant formulas derived from plants and minerals. “Schmidt’s Naturals …
Atrium Innovations, a Canada-based health products firm, is to be acquired by Swiss FMCG giant Nestle for $2.3 billion in cash. The firm, which describes itself as “a world-wide leader in nutritional supplements and one of the fastest growing companies in the industry globally”,will be acquired by Nestle from a group of investors including a company backed by the Permira Funds, Fonds de Solidarite FTQ and Caisse De Depot Et …
7-Eleven, the global convenience store chain, has announced the launch of its first private label cosmetics brand under the name Simply Me Beauty. Promising “cosmetic convenience”, the new brand range is described as “an affordable, fashion-forward line of makeup” targeting millennial women. According to 7-Eleven, the new products were “created for busy millennial-aged women looking for their makeup and accessory must-haves while taking care of business, family and themselves” and are …
Unilever, the FMCG multinational, has announced the expansion of its personal care portfolio with the acquisition of New York, USA based toiletries firm Sundial Brands for an undisclosed sum. Announcing the move in a statement, Unilever said that the move would “accelerate[] […] category growth by addressing under-served needs of multicultural and millennial consumers”. Founded in 1991, Sundial Brands manufactures haircare and skincare products predominantly focusing on the needs of consumers …
Procter & Gamble, the US-based consumer goods giant, has acquired the direct-to-consumer personal care firm Native Deodorant, according to a report in the Cincinnati Business Courier. Financial terms were not disclosed, but the deal is reported to have been completed for around $100 million in cash. Native is promoted as “deodorant that isn’t a chemistry experiment”, and in particular is claimed to be free from aluminium and parabens, instead being …
Scandinavian FMCG firm Orkla has announced an expansion into the sports supplements space with the acquisition of Health And Sports Nutrition Group (HSNG), described as the largest e-commerce firm for sports nutrition in the Nordic region. HSNG runs the Gymgrossisten and Bodystore platforms, offering food, dietary supplements and health and well-being products in addition to clothing. equipment and accessories. The websites offer proprietary brands and products distributed on behalf of third …
Nestle, the FMCG giant, is rumoured to be among companies considering a move for Hain Celestial, the US-based manufacturer of health and wholefoods. News agency Bloomberg reports that the Swiss firm has held preliminary talks about purchasing all or parts of Hain Celestial, according to “people familiar with the matter”. Bloomberg further cites its sources as saying that other US manufacturers, as well as buyout firms, could emerge as potential suitors, or …
US health and beauty retailer Cosmetics LK has announced the acquisition of Prolana, a nail care firm, for an undisclosed sum. Founded and launched in 2007, Prolana markets its flagship Nail Optimizer brand as a one-step solution for restoring and strengthening thin, brittle nails. Cosmetics LK said it had “bold plans” to develop the Prolana product range in 2018 by committing additional resources to research and development. Cosmetics LK is an e-commerce retailer …
Warpaint London, a UK cosmetics manufacturer and owner of the W7 brand, is set to acquire rival Retra Holdings after raising £21.2 million ($28.0 million) in new investment. Retra Holdings owns the Technic, Body Collection and Man’s Stuff brands and generated revenue of £17.5 million ($23.05 million) in 2016. The firm focuses on the ‘gifting’ sector, primarily selling its products through high-street retailers and supermarket chains including Boots, Asda and Matalan. …
Insight by Gama Compass DUBAI – 8th November 2017: The UAE continues to be a hotbed for investment in the FMCG sector, with new product development coming from both domestic and international firms eager to tap into new opportunities, especially in the UAE’s fast-growing food and drinks industries. Dettol Gold Bar Soap Camellure Shampoo with Camel MilkNew product development trends highlight the importance of market-specific preferences and domestic innovation in the UAE, as …
Dutch pharmacy chain Kruidvat, owned by Asian conglomerate AS Watson, has launched a new city store concept in Antwerp, Belgium. According to Retail Detail, the new Kruidvat In De Stad (‘Kruidvat In The City’) concept is designed for city centre locations, offering more shelf space for beauty products, on-the-go snacks and weekly offers, alongside the retailer’s traditional range. Large screens, modern designs and “innovative” product presentation are described as being …
Unilever, the global FMCG firm, has announced that it is to buy South Korean skincare and cosmetics firm Carver Korea in a €2.27 billion deal. Founded in 1999, Carver Korea originated as an aesthetics company supplying professional products to beauty salons, and is now said to be the fastest-growing skincare business in South Korea, through sales of its brand AHC. The AHC portfolio includes essences, toners, moisturisers, masks, and sun protection, including …
The Hut Group, an e-commerce firm specialising in health and lifestyle brands, is continuing is rapid expansion into cosmetics and toiletries with the acquisition of UK spa brand ESPA in a rumoured £100 million ($130 million) deal. ESPA markets a range of skincare and cleansing products for men and women, as well as operating 600 spas across 60 countries. The firm, which is currently under the ownership of private equity …
Nestle Skin Health, a healthcare division of FMCG multinational Nestle, has announced its intention to cease operations at its Egerkingen factory in Switzerland with the potential loss of 190 jobs. The firm said low production volumes at the site had resulted in underutilization of assets and had thus placed additional pressure on manufacturing cost. “Nestle Skin Health is continuously reviewing and adapting its portfolio, simplifying the organization, reviewing its business models, and assessing …
Mumbai-based FMCG company Marico has announced the acquisition of the leading South African hair styling brand Isoplus for about 36 crore INR ($5.6 million). The deal, which includes Isoplus’ manufacturing facilities, working capital and intellectual property rights, was made between the previous owners JM Products and Mary L Harris and Marico’s subsidiary Marico South Africa. The Isoplus brand is claimed to be the market leader in South African’s styling segment …
British FMCG and pharmaceutical firm GlaxoSmithKline has announced its intention to sell its Horlicks brand of hot drinks in the UK, together with its MaxiNutrition business. The sale is reportedly part of the company’s strategy of focusing on its pharmaceutical business, which accounts for £16.1 billion ($20.1 billion) in annual sales. Horlicks was originally acquired by GlaxoSmithKline forerunner SmithKline Beecham in 1969. The malted hot drink is available in Light and …
German health and beauty company Beiersdorf has announced plans to build a new headquarters and research centre in Hamburg-Eimsbuttel, Germany. Costing €230 million, the new facility will have a total area of about 100,000 sq m and nearly 3,000 “state-of-the art” workstations. The construction will begin this year and it is scheduled to be completed in 2021, according to company press release. “With the construction of our new headquarters in …
Unilever, the FMCG giant, has announced that it has signed an agreement to acquire Hourglass Cosmetics, a US-based manufacturer of colour cosmetics. Hourglass Cosmetics, which markets eye, lip and facial cosmetics, as well as the skincare brand Equilibrium, was founded in 2004 and promotes itself as being “at the revolutionary intersection of science, beauty and luxury”. The firm is “known for innovation, luxe packaging and exceptional product experience” and “acclaimed …
L’Oreal, the global personal care giant, has announced that it has signed a contract for the sale of The Body Shop to Brazil-based Natura Cosmeticos. The French firm announced earlier in June that it was in “exclusive discussions” with Natura Cosmeticos over a potential deal, which valued The Body Shop at an enterprise value of €1.0 billion ($1.1 billion). Speculation regarding a possible sale first surfaced in February, although the …
Leading Indian FMCG firm Marico has launched a new deodorant under its male personal care brand Set Wet that can reportedly be personalized for each consumer. Said to be targeted at a ‘younger’ audience, the product is described as a “first of its kind individualised deodorant that features the possibility of being personalised”, as each pack can be customized with a different colour, photo and name. Anuradha Aggarwal, chief marketing officer …
FMCG multinational Unilever has announced that it has reached an agreement to acquire personal care and home care brands of Latin American consumer goods firm Quala. With a combined turnover of over $400 million in 2016, Quala’s portfolio includes leading local brands such as haircare and skin cleansing brand Savital/Savile, male haircare and styling brand eGo, haircare brand Bio-Expert, oral care brand Fortident and fabric conditioner brand Aromatel. Unilever’s CEO …
Dabur South Africa, a subsidiary of FMCG manufacturer Dabur, has announced the acquisition of hair care brand Long and Lasting by acquiring both manufacturer and distributor in a deal reportedly worth around 25 crore INR ($3.9 million). Long and Lasting is manufactured in South Africa by D&A Cosmetics, while the distributor of the product is Atlanta Body & Health Products. Both companies sell mid-range products across the South African market. …
FMCG giant Unilever is introducing a range of limited edition bottles under its personal care brand Dove as part of a marketing campaign to reinforce the brand’s celebration that beauty comes in many shades and shapes. The idea of the Real Beauty Bottles campaign is to allow women to buy the bottle that best mimics their body shape. “Every woman’s version of beauty is different, and if you ask us, these …
Dutch dairy cooperative FrieslandCampina has introduced a sports nutrition range under the Vifit Sport brand that is described as being high in protein. The product range has reportedly been developed in response to the needs of both amateur and elite athletes and is claimed to help the body recover and build muscle after exercising, Each ingredient in the Vifit Sport range is said to contain 20g protein, described as the …
Ansell, an Australian contraceptive manufacturer, is launching the world’s first condom to feature anti-viral technology, according to a report in Inside FMCG . The condom, launching in Canada, is marketed under the LifeStyles Dual Protect brand, and it was developed with the active ingredient VivaGel, which was created by Australian biotech firm Starpharma. The VivaGel ingredient is said to inactivate HIV (human immunodeficiency virus), HSV (herpes simplex virus) and HPV …
Spanish fashion and perfumes multinational Puig has reached an agreement with Trimex, a subsidiary company of Clarins in Oceania, to strengthen the distribution of Puig’s premium and prestige brands in Australia and New Zealand, according to a report in El Confidencial. With the new partnership agreement, Trimex will now be in charge of providing logistics, commercial services and back-office to Puig in Australia, and will be responsible for the distribution …
Coty, the leading fragrance and toiletries manufacturer, has announced that that it has entered into an agreement to acquire the exclusive long-term global license rights for Burberry Beauty luxury fragrances, cosmetics and skincare. “This strategic partnership combines Burberry’s British heritage of innovation, craftsmanship and design with Coty’s expertise and leadership in luxury beauty products”, the company said in a statement. Under the agreement, Coty said it would work in partnership with …
Nutribolt, a Texas-based maker of sports nutrition products and functional foods, has acquired Scivation, a manufacture and supplies nutritional supplements, where the terms of the agreement were not disclosed. “We are excited to be teaming up with Scivation to bring to market the most comprehensive, innovative and proven line of pre-workout and BCAA products,” commented Nutrabolt CEO Doss Cunningham. Based in North Carolina, Scivation was founded in 2014, and is claimed …
FMCG manufacturer Dabur has announced the inauguration of a new manufacturing facility in Tezpur, Assam. According to India Retailing, the facility will produce the whole range of Dabur’s products including health supplements, ayurvedic medicines, hair oil, shampoo, toothpaste, skin care and household products. Dabur chairman Dr Anand C Burman said: “I am extremely proud to announce the commissioning of Dabur’s most-modern factory in Tezpur. This factory will become the largest …
US-based multinational beauty products manufacturer Coty has announced its intention to shut down its facility in Seaton Delaval, Northumberland, United Kingdom by the end of next year. According to sources, the cosmetics and perfumes maker wants to consolidate its fragrances operations into “fewer core centres”. “These proposals are the result of a detailed study of our expanded global manufacturing capacities and capabilities for each of our divisions following the merger …
The Spanish firm Corporation Exea Empresarial, the holding company of the Puig family, has announced the acquisition of a majority stake in the Greek company Apivita Cosmetics, according to a report in Cosmetics Business. Exea owns the Puig fragrances and fashion group; Flamagas, a manufacturer and distributor of stationery, electronics and lighters; and Isdin, a skin care products manufacturer. Apivita Cosmetics was founded in 1979 and now has a presence in 15 …
German household and personal care giant Henkel, has announced that it has signed an agreement to acquire haircare firm Nattura Laboratorios and associated companies in the USA, Colombia and Spain. Headquartered in Guadalajara, Mexico, Nattura Laboratorios is primarily a manufacturer of professional haircare products, but is also active in the retail space through the styling brands Moco De Gorila, Funk and Punky Junky and shampoo and conditioner brand NatturaLabs Linea …
Henkel, the German household and personal care giant, has announced a year of “record” sales and earnings as it unveiled its results for 2016. The Dusseldorf-based firm posted overall sales growth of 3.5% (or 3.1% on an organic basis) to end the year with €18.714 billion ($19.79 billion) revenue. Adjusted for foreign exchange effects, sales grew by 7.1%. The positive effect from acquisitions and divestments amounted to 4.0%, mainly as …
Shiseido, the Japanese cosmetics giant, has announced the acquisition of MatchCo, a US-based firm that creates custom foundation shades based on the customer’s individual skin tone, through its regional headquarters and consolidated subsidiary Shiseido Americas. The firm said that the synergy of MatchCo’s innovative digital tools and its own R&D capabilities would help to enhance a business model that captures the major consumer trend of cosmetics customization. Founded in 2013, MatchCo lets customers scan …
Beiersdorf, the German health & beauty firm behind the Nivea brand, has announced that it has “continued on its sustainable, profitable growth path” in 2016, with preliminary annual results showing organic sales rising 3.2% on 2015. The growth was achieved in what the company described as “difficult political and economic conditions in some countries and a considerably tighter competitive situation”. In nominal terms, Beiersdorf reported that sales rose by 1.0% …
Sodalis, a leading Italian player in the personal, beauty and home care space, has announced the acquisition of household and healthcare business BrandCare from Portuguese investment fund Explorer Investments. BrandCare is an Iberian company that was formed in December 2013 as the result of the acquisition of a number of assets from Colgate-Palmolive. In Spain, its principal products are Cristasol window cleaner, Xanpa household detergent and Tacto hand soap, while in …
Coty, the global beauty and personal care firm, has announced that it has entered into a partnership with Younique, a social selling platform for beauty products, that will see it take a 60% stake in the firm. Founded in 2012 in the USA, Younique is described as offering a range of makeup and skin care products that are sold through a peer-to-peer e-commerce platform, using a community of independent presenters to …
Valeant, a Canada-based multinational pharmaceutical company, is to sell the CeraVe, AcneFree and Ambi skincare brands to L’Oréal for $1.3 billion in cash. The CeraVe brand lineup includes cleansers and moisturisers for hand, face and body, as well as baby toiletries, and is based on ceramides, cholesterol and fatty esters delivered through a controlled-release system. The AcneFree range consists of lotions, wipes and other topical anti-acne products, while the Ambi line includes …
Pharmaceutical and consumer products manufacturer Hypermarcas has announced the sale of its disposable hygiene products business that includes nappies for babies and sanitary products for adults. Ontex Group, an international manufacturer of personal hygiene products, has acquired the business for R$1 billion ($312 million), according to a report in Supermercado Moderno. The divested business includes nappy brands Pom Pom, Cremer and Sapeka, as well as the adult sanitary brand Bigfral, …
FMCG multinational Unilever has opened a manufacturing plant at Dubai Industrial Park through an investment of 1 billion DHS ($272 million). According to a report in Sustainable Brands, goods produced at the new plant will have the “Made in UAE” label and 80% of production will be exported to the Europe and MENA regions. The 100,000 sq m plant is described as the largest of its kind in the region …
Rossmann, the German personal and household care retailer, has announced plans to open a further 250 stores in 2017 with an investment of around €225 million ($235 million). The plans foresee 110 new locations for the German market, where Rossmann’s network of shops stood at 2,055 as of the end of 2016, figures from the company reveal. Outside Germany, Rossmann now operates 1,572 stores in a number of European countries, predominantly …
Glansaol, a newly-formed beauty and personal care company, has announced the acquisition of the cosmetic brands Laura Geller, Julep and Clark’s Botanicals for undisclosed amounts. The acquisition of Laura Geller is said to have already been completed while the other two deals are expected to close shortly. Laura Geller is known as a pioneer of the “baked” category of makeup as well as dual-purpose products intended to simplify and improve …
FMCG giant Unilever has announced that it has signed an agreement to acquire haircare specialist Living Proof for an undisclosed sum. Describing Living Proof as an “innovative premium hair care business renowned for solving hair problems through the use of breakthrough science”, Unilever said that the firm would be added to its own Prestige portfolio, which includes brands such as Dermalogica, Kate Somerville, Murad and REN. Living Proof is described as having …
Beauty Elite, a firm active in the haircare and pet care sectors, has expanded its portfolio by acquiring Fuel Hair for an undisclosed amount. Fuel Hair was founded in 2014 and is described as producing salon-quality products for consumers to use at home. The company’s products range from liquids, powders and aerosols to tools such as cutting shears. Beauty Elite distributes niche beauty brands ranging from hair care to pet …
Insight by Gama Compass™ MANCHESTER – 24th November 2016: ‘High vitamin’ claims are continuing to notch upwards in new product launches, according to Gama’s latest study of patterns and trends in global FMCG innovation, with non-alcoholic drinks proving particularly fertile ground for vitamin-related positioning. Based on data from Gama Compass™ between 2014 and 2016, and segmenting vitamin claims by five principal types – vitamins A, B, C, D and E …
Estee Lauder, the-US based cosmetics firm, has announced that it is to buy make-up brand Too Faced in a deal worth approximately $1.45 billion. Launched in 1998, Too Faced is described as offering “an unabashedly empowering line of cosmetic products for the eyes, face and lips” and as being “beloved for its high-quality, innovative formulas, irreverent product names and distinctive packaging”. Estee Lauder notes that the firm, which is expected …
Indian consumer goods firm Dabur has announced the launch of the cosmetics brand Jaquline USA brand in its domestic market, according to a report in the Economic Times. Dabur will debut the Jaquline USA brand exclusively through its NewU outlets around India, offering a range of make-up and beauty products and with further launches in the pipeline. “The awareness levels among consumers in India for beauty products and beauty trends …
Nestle Health Science has launched ProNourish, a drink designed to have low FODMAPs and aimed at consumers with digestive problems, in the USA. The drink, which comes in French Vanilla and Strawbeerry Banana flavours, is marketed as a nutritional drink that aids a low FODMAP diet for at home or on-the-go consumption. FODMAP is an acronym for specific types of carbohydrates which can be poorly absorbed and therefore result in …
Jewellery company Origami Owl has decided to expand into the beauty sector by purchasing New York, US beauty firm Willagirl for an undisclosed amount, according to an article in Cosmetics Business. Willagirl focuses on non-harmful and natural skincare and beauty products, including cleansers, exfoliators, moisturisers, facial oils and suncare products, as well as face and eye cosmetics, that are claimed to be free from parabens and phthalates. The company was …
Scandinavian consumer goods group Orkla has announced that it has acquired the gut health supplement brand Colon-C through an asset transaction, via its wholly owned subsidiary Orkla Health Poland. Orkla describes Colon-C as a leading brand in the constipation category and a strong market leader in the fibre segment in Poland. By acquiring Colon-C, Orkla will expands its platform in gut health, which already consists of the brands Husk and Samarin, …
Puig, the fashion and fragrance giant, has bought a minority stake in the Brazilian toiletries firm Granado, according to reports in Reuters and Cosmetics Business. The Spanish firm, which is behind the Jean Paul Gaultier and Carolina Herrera brands, is to acquire a 35% stake in Grupo Granado for around R$500 milllion ($155 million), according to sources quoted by Reuters. Puig itself did not disclose the terms of deal. Granado is …
Indian-based company Wipro Consumer Care and Lighting has acquired 100% of Chinese FMCG company Zhongshan Ma Er for an undisclosed amount. Wipro focuses on products including soaps, toiletries, personal care & baby care and has a presence in countries such as India, Malaysia, Indonesia, Vietnam, China, as well as the Middle East. With this new acquisition, China will become Wipro’s third largest market behind India and Malaysia. The deal includes …
FMCG giant Unilever has announced that it has agreed to acquire Seventh Generation, a US-based producer of natural household and personal care goods. Seventh Generation is a manufacturer of plant-based household products including soaps, detergents and baby toiletries, and reported turnover of $200 million in 2015. Commenting on the news, Unilever North America president Kees Kruythoff said: “We’re thrilled to add Seventh Generation to our brand portfolio, providing us with …
FMCG giant Unilever is in discussions to buy ecological home and personal care firm Honest Co for around $1 billion, according to a report in the Wall St Journal quoting “people familiar with the matter”. Co-founded by actress Jessica Alba, Honest Co makes products such as disposable nappies, household cleaners and personal care and beauty products and has reportedly gained popularity with young mothers in particular. The company sells the …
Japanese confectionery firm UHA Mikakuto has announced the introduction of a new throat lozenge that is said to combine a variety of functional benefits. Named UHA Mikakuto Off Zeitakuna Off Nodoame, the new throat lozenges are said to prevent the absorption of fat, to help regulate the absorption of sugar, and to relieve digestive complaints. The sweet candy, described as a juicy and healthy medicated throat candy that is made …
Japanese personal care giant Shiseido and Seven & I Holdings, one of the largest retail groups in Japan, are teaming up to launch a new skin-care brand called Sept Beaute. Aimed at women in their 30s and 40s, Sept Beaute is described as an “aroma body brand” and is designed to offer a pleasant scent based on Shiseido research into brain activity. It is described as being formulated with seven …
US-based health foods firm NuGo Nutrition has expanded its business portfolio by acquiring the Promax brand from Promax Nutrition for an undisclosed amount. The acquisition follows the purchase of Gnu Foods FiberLove in December 2014. Promax Nutrition offers Promax protein bars that claim to be all natural and free from artificial sweetners and gluten, and which have been available since the firm’s inception in 1996. The original flavours comprise cookies …
Household and personal care firm Godrej is set to expand its presence on the continent of Africa with the acquisition of two haircare firms, according to a report in Progressive Grocer India. The Indian firm, through its Africa-based subsidiary Darling Group, has reportedly acquired 100% of the shares in a company called Hair Credentials Zambia, and 51% in Weave Senegal. Godrej will pay “nil consideration for acquisition as the target entities …
In a bid to keep pace with rapidly-expanding ayurvedic specialist Patanjali, health and household care multinational Colgate-Palmolive has announced the launch of a new herbal toothpaste for the Indian market, according to a report in the Economic Times. Colgate Cibaca Vedshakti is said to have been launched in response to a growing preference for products with natural ingredients and, at a retail price of around 50 INR ($0.75) for a pack …
P&G, the multinational healthcare and household firm, has reported earnings of $65.3 billion, a decrease of 8% versus the prior year, for the financial year ending 30th June 2016. The US firm reported a negative six percentage point impact from foreign exchange and a negative two percent from the combined impacts of Venezuela and minor brand divestitures. Meanwhile, organic sales grew one percent as the benefit of increased pricing more than offset …
L’Oreal, the French cosmetics giant, has announced the signing of a definitive agreement to acquire US firm IT Cosmetics for $1.2 billion in what is the firm’s largest acquisition in eight years. According to L’Oreal, IT Cosmetics is one of the fastest growing prestige beauty brands in the United States, offering more than 300 high-performance beauty products focusing on colour cosmetics, skincare, brushes and tools, and had net sales of …
P&G, the leading FMCG multinational, has confirmed the 43 health and beauty brands it is selling to cosmetics firm Coty, according to a report in Cosmetics Business. The sale will affect brands in professional hair care, retail hair care, fragrances and cosmetics. Some of the larger brands being divested are Nice N’ Easy hair colour, Hugo Boss, Gucci and Lacoste fragrances and Covergirl cosmetics. Among the brands excluded from the …
Multinational consumer goods company Unilever has announced that it will acquire Dollar Shave Club, a manufacturer of male grooming products. According to Forbes, Unilever will pay $1 billion in cash for the US razor company, which offers direct-to-consumer monthly subscriptions of inexpensive razors, aiming to eliminate the overheads of bricks and mortar stores and pass the savings on consumers. Since becoming established, the company has expanded from razor blades to shaving …
Personal care giant L’Oreal has announced that it is in exclusive talks to acquire the Thermes de Saint-Gervais-les-Bains brand of spa-style toiletries from fellow French firm Groupe Rivadis. L’Oreal said it had submitted a firm offer to Rivadis Group for the acquisition of the business as well as the licence to use the Saint-Gervais Mont-Blanc brand. According to L’Oreal, Saint-Gervais Mont-Blanc products are formulated with 100% Mont-Blanc thermal spring water and natural …
Lea Nature, the leading French natural products firm, has announced that it is to open a new production facility near to its base in La Rochelle. The plant will be located at a site previously owned by automotive firm Delphi in the town of Perigny, Charente-Maritime. According to Lea Nature, the new site will be used for three primary purposes: an extension to its ‘promo box’ scheme and to its …
US-based cosmetics firm Revlon has announced that it has signed a definitive agreement to acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an approximate enterprise value for Elizabeth Arden of $870 million. By bringing together two “highly complementary, iconic brand portfolios”, Revlon said it would benefit from greater scale, an expanded global footprint, and a significant presence across all major beauty channels and categories, …
Johnson & Johnson has announced the acquisition of Vogue International, an American manufacturer and distributor of hair care and personal care products, for $3.3 billion in cash. A deal for Vogue was first mooted at the end of May. The acquisition will add brands such as OGX shampoos, conditioners, treatments and styling products, the FX line of hair styling products, Proganix and Maui Moisture hair care lines. “Our acquisition of …
Gama Innovation Award – Packaging MANCHESTER – 30th May 2016: Addressing environmental concerns while also offering the appeal of convenience, Kao Essential Refill Pack is May’s recipient of the Gama Innovation Award – Packaging. Named the Raku Raku Pack (‘Easy Easy Pack’), the new pouch for health & beauty manufacturer Kao’s Essential line of haircare products is designed to take the inconvenience, waste and mess out of refilling shampoo and conditioner bottles. The pouch pack features gussets on the top and …
Leading FMCG multinationals Unilever, Henkel and L’Oreal are among the first-round bidders for US haircare firm Vogue International, according to sources quoted in a Reuters article. Founded in 1987 and headquartered in Clearwater, Florida, Vogue International sells and distributes hair care and other personal care products to to major retailers, primarily through the food, pharmacy and mass channels of distribution, both domestically throughout the US and globally in 38 countries. Vogue’s branded products include the …
Canadian hemp specialist Hempco Superfoods has announced the launch of its new Planet Hemp brand, consisting of hemp oil, seeds, superfoods, supergreens and snacks. According to an article in New Food Magazine, Planet Hemp is the company’s first retail brand and “is presented in clean and distinctive packaging, designed to reflect the natural, organic and environmentally-friendly values of the business and products”. The Planet Hemp brand lineup consists of Hemp …
Patanjali Ayurveda, the fast-growing ayurvedic consumer goods firm, is seeking to establish a new production facility in Pithampur, near Indore in Madhya Pradesh, as it looks to ramp up its production of personal care products, according to a report in the Times of India. Official sources are reported as saying that the firm, which manufactures 45 types of cosmetic item, had asked for around 40 acres of land to start …
Chinese investment conglomerate Fosun Group has announced that it has agreed to he acquisition of a 100% equity interest in Israeli cosmetics manufacturer Ahava Dead Sea Laboratories for 290 million ILS ($77 million). Fosun will wholly own Ahava, which makes skin care products from Dead Sea minerals and mud and markets facial care products including Dead Sea Osmoter Facial Serum, Facial Mud Exfoliator and Active Moisture Gel Cream. The business …
Whole Foods Market, the US retail chain specialized in natural and organic products, has an announced an expansion in the haircare sector with the launch of a line of “plant-based, salon-quality” shampoos, conditioners and styling products. Based around active ingredients such as pea, quinoa and baobab proteins, argan oil and shea butter, the lines features three shampoos and conditioners – Moisturizing, Volumizing and Color Preserve – as well as a …
US-based multinational Procter & Gamble has announced the investment of $50 million in production facilities and other projects in Argentina from 2016 to 2017. In a statement, the firm said that the investment included the expansion of existing local operational capacity, as well as incorporating the latest technology into its Pampers line of nappies. Additional funds are earmarked for the Pantene brand in haircare, as well as razors through Gillette …
It’s Skin, South Korea’s major cosmetic manufacturer, has signed a deal with retail giant Dabur to sell 120 products under its name in India, according to a report in Yonhap News. The products will be sold in 10 New U shops in New Delhi before rolling out a further 20 shops in the capital and other cities later in the year. According to an article in Cosmetics Design Asia, the …
Health-food manufacturer YGC Group, in collaboration with the National University of Singapore, has unveiled the launch of a new range of health drinks made with eucheuma, a type of seaweed found locally in South-East Asia. Announcing the launch, YGC Group said the line was suitable for a broad demographic and was promoted as an “everyday drink targeted at the health-conscious”. The line, which features omega-3 rich eucheuma as its primary …
Amado, the health and wellness firm, has announced the introduction of a new “health tea” for sale in its domestic market of Thailand. According to the company, Amado DH Tea offers relaxation and refreshment and promotes good sleep. In addition, the use of “natural matcha from Japan” is claimed to reduce blood sugar levels and normalise blood pressure through regular consumption, which in turn assists in reducing the risk of …
In the latest of a series of divestments, leading FMCG multinational Procter & Gamble has announced the sale of its Hipoglos brand in Brazil to health & beauty firm Johnson & Johnson for an undisclosed sum. Hipoglos nappy cream has been present for over 70 years in Brazil and sells in a tube format of various sizes in regular and almond varieties. The brand was purchased by Procter & Gamble …
US-based multinational Procter & Gamble (P&G) has announced plans to sell soap brand Escudo to rival Kimberley-Clark for an “undisclosed amount”. Launched more than 50 years ago, Escudo is the leading local antibacterial soap brand in Mexico. The brand’s product line includes bar soap, hand soap, odour-protection soap and more recent introductions such as a range of foaming hand soap. The sale of Escudo forms part of a programme of …
Insight by Gama Compass™ MANCHESTER – 23rd February 2016: Orange and lemon flavours are associated with premium claims and higher price points, while strawberry flavours are especially common in Latin America and in launches targeted at children, the latest information from Gama Compass™ indicates. For this month’s study of trends and patterns in new product launches, Gama has pinpointed the five leading fruit flavours in global innovation over 2014 and 2015 …
Health, hygiene and household care producer Reckitt Benckiser (RB) has posted growth and margin expansion in full year 2015, according to its recently disclosed financial reports. RB’s total revenues rose to £8.874 billion ($12.684 billion), with organic growth up 6% on full year 2014. The company claims its gross margin increased by +140bps to 59.1% (totaling £5.246 billion / $7.498 billion), driven bymix, input costs, and cost programmes. Operating profit …
Godrej, one of India’s leading home and personal care companies, has announced plans to expand into new African markets with the acquisition of a majority stake in Kenya-based Canon Chemicals. Canon Chemicals manufactures and distributes products in the personal and home care categories. Its major brand is Valon, a petroleum jelly, although the company is also active in air fresheners, detergents and candles. In 2015, the annualised revenue of the business was 1,146 million …
Pharmaceutical and consumer products manufacturer Hypermarcas has announced the sale of its condoms division to the British household and personal care group Reckitt Benckiser for R$675 million ($173 million), according to a Reuters report. Hypermarcas’ condoms division is comprised by the brands Jontex, Olla and Lovetex which together in 2014 represented 2% of the company’s total net revenue. The brands will join Reckitt Benckiser’s existing portfolio that includes the condom …
FMCG Unilever posted a turnover increase of 10% in 2015, according to the company’s latest full year financial statements. Total sales for the year rose to €53.3 billion including a positive currency impact of 5.9%. The company also reported underlying sales growth of 4.1% “ahead of our markets”, with volume up by 2.1% and value up by 1.9%. The company reported especially strong growth in emerging markets, with underlying sales rising by 7.1%, …
Too Cool for School, a cosmetics manufacturer based in Seoul, South Korea, has recently rolled out a new “transforming” mascara under the brand Dinoplatz Twisty Tail. The new product is described as featuring an adjustable dial that allows consumers to customize the brush to the desired angle in a choice of three positions. When the dial is turned furthest the angle of the brush is at its most acute, allowing …
Health & beauty firm Beiersdorf announced that it posted organic group sales growth of 3% in 2015, as it released its latest annual financial statements. Announcing that it had “continued on its profitable growth path in 2015 in a challenging market environment”, the firm said that, in nominal terms, sales rose by 6.4% from €6.285 billion ($6.82 billion) to € 6.686 billion ($7.26 billion). In the Consumer Business Segment, organic …
With Patanjali Ayurveda aggressively launching new products in the ayurveda and natural beauty segment, leading FMCG firm Dabur India is set to launch new ayurvedic products of its own in order to counter the increased competition and maintain its market share. The ayurvedic and natural beauty segment has been the focus of significant NPD activity in India in recent times, with Patanjali in particular launching an array of new products …
Bakery and baking aids manufacturer Real Good Food has bought ISO2 Nutrition from the administrators of Cre-8tive Health Ltd for a nominal amount, according to an article in New Food Magazine. ISO2 Nutrition, one of the main suppliers within the British sports supplements market, has a portfolio of bodybuilding supplements, whey protein and sports nutrition products, which will be added into Real Good Food’s Garrett Ingredients unit. Real Good Food’s executive chairman …
Health & beauty retailer Rossmann could be set to open up to 500 new locations in Germany, according to an article in Die Welt, taking the number of stores in the company’s network to as many as 2,000. The new openings would reportedly be mostly in southern Germany, where the retailer does not currently have a significant presence. Rossmann’s closest competitor, DM, has around 1,800 stores at present and generates …
Leading Korean cosmetics firm Etude House has released a lip tint ‘pudding’ under the Snowy Dessert brand as a part of its 2015 Holiday Collection line. According to a report in Daily Cosmetic, the product packaging comes in the form of a mini ‘cake box’ emphasising its design concept, and with a texture that replicates that of a real pudding. It is applied just as a pudding would be consumed …
Multinational FMCG firm Unilever has announced that it has sold the Motions, Just for Me, Consort, Groom & Clean brands, and African rights to the TCB brand, to the specialized multi-cultural hair care manufacturer, Strength of Nature. Georgia, USA based Strength of Nature markets a number of brands including Profectiv MegaGrowth, African Pride, Dream Kids, Beautiful Textures, Elasta QP, Soft & Beautiful, Soft & Beautiful Botanicals, Proline and TCB, the …
Fast-growing consumer goods firm Patanjali Ayurveda is set to invest 1,000-crore INR ($150 million) early next year on various expansions plan, with a particular focus on e-commerce and export, according to reports in the Economic Times and Wellness India. Patanjali Group promoter Baba Ramdev said: “We are likely to invest about Rs 1,000 crore in 2016 for various initiatives. Banks have already sanctioned Rs 500 crore as working capital loan …
High Ridge Brands, a personal care firm owned by private equity group Brynwood Partners, has announced that it is to sell the global assets and rights to seven of its personal care brands to The Village Company. The Village Company will add the Soft & Dri, La Bella, Dep, Pure & Natural, Mink Difference, Adorn, and The Dry Look brands to its portfolio, joining existing brands including Mr. Bubble and …
Gama spoke to Roberto Funari, Executive Vice President, Category Marketing, Reckitt Benckiser. Which markets or consumer groups currently offer the greatest growth opportunities for FMCG companies? Emerging markets remain an important growth opportunity for FMCG companies as they will continue to outperform developed markets in terms of growth rate. The key to investing in emerging markets is to understand that they do not yield an immediate growth return, but …
Kruidvat, one of the Netherlands’ leading health and beauty chains, has opened its first store in France, according to a report in AD. Located in the northern French city of Lille, the new store is described as a pilot move to evaluate the possibility of further expansion into the country. According to AD, Kruidvat CEO Gerard Breen sees opportunities in a country where currently no major discount high street health …
Five South Korean cosmetics companies have signed a joint venture agreement with Indian firm Rajshree Empires through their South Korean arm PLK International to enter the Indian market, according to a report in Net Indian. PLK International, Coson, Outin Futures BCL Cosmetics, Kell Cosmetics and Esthetic House Company are all part of the new venture. As part of the deal, the companies and Rajshree Empires are said to be investing …
Gama Innovation Award – Packaging MANCHESTER – 20th November 2015: Secrets De Provence Powder Shampoo, new in France from Bernard Cosmetics, is this month’s recipient of the Gama Innovation Award – Packaging. Developed with travel in mind, Secrets De Provence Powder Shampoo is a hair washing solution for consumers “wherever they go”. The new launch comes in the form of single-use sachets, sold in a roll inside a dispensing box, …
Japanese personal and household manufacturer Kao has announced that it has developed a new pouch pack that is designed to make it easier to refill shampoo bottles and similar products. Named the Raku Raku Pack (Easy Easy Pack), the product has a “universal design” that “anyone can understand and use easily” and also has environmental benefits, according to Kao. The package is particularly intended for viscous liquids such as shampoo …
Global nutrition firm Glanbia has announced that it is to acquire the US functional snack bar firm ThinkThin for $217 million. ThinkThin offers a range of protein enriched bars targeted at lifestyle consumers, primarily distributing its products in food, natural and mass retail channels in the US, Glanbia said in a statement. Net sales for the 12months to the end of September 2015 were $84 million, and the company saw a …
German confectionery manufacturer Katjes has announced the acquisition of the indefinite European rights to the cough drops marketed under the Wick brand from Procter & Gamble. Wick – known outside of Germany as Vick’s – is the world’s largest brand for cough and cold related products with more than €1 billion in global turnover worldwide, according to a Katjes press statement. The acquisition relates exclusively to Wick cough drops, which …
In support of the Movember Foundation which raises awareness of men’s health issues, brewer Carlsberg is launching Beer’d Beauty, a new beer-based series of shaving products for men. An extension to the firm’s first line of beer-infused male grooming products (shampoos and skin lotion) unveiled earlier in the year, the 200ml shaving collection is composed of a shaving gel, aftershave cream and moustache cream that are claimed to offer beneficial …
Gama spoke to Joaquim Vives, General Manager, Mane Iberica. How is the growing demand for more ‘all natural’ formulations impacting on flavour & fragrance companies? This is a major trend and demand will keep growing if the economic situation continues to brighten. However, ‘all natural’ does not consistently point to the same definition when it comes to food & drinks manufacturing. This is not the case for flavourings, as …
Hengan, a Chinese manufacturer of nappies and sanitary towels, is reportedly considering selling off its confectionery business QinQin Foodstuffs. A Bloomberg report, quoting “people with knowledge of the matter”, said that the division, which includes the sweet brand Qinqin and the waffle brand Ai Le Ge, could fetch about $300 million. While QinQin Foodstuffs reported 1.53 billion HKD ($198 million) of sales in 2014, revenue dropped 8.1% in the first half …
Gama spoke to Ori Yehudai, President & CEO, Frutarom. What should manufacturers do to be successful in the current economic climate? I believe that in order to be successful in an ever more challenging economic environment, we must demonstrate creativity and flexibility when dealing with our customers and provide top-notch service. Being able to adapt and adjust to our customers’ needs and work with them in creating innovative but …
Gama Innovation Award – Packaging MANCHESTER – 29th October 2015: This month, the Gama Innovation Award – Packaging goes to Benefit Puff Off! Instant Eye Gel, which is new in the UK from Benefit. Benefit Puff Off! Instant Eye Gel allows consumers to ‘iron away’ their wrinkles thanks to a unique dispensing tip in the shape of a steam iron base. According to the company, “the custom ‘ironing tip’ instantly helps …
Skin and hair care firm Carol Joy has released what it claims to be the world’s first pure collagen skincare spray. Made from a combination of 100% pure collagen and plant stem cells, Carol Joy Pure Collagen Spray is said to deliver long lasting transformation instantly with confirmed results that show 95% more revitalised skin, 90% more moisturised skin and 85% more even skin tone. According to the company: “Skin-identical …
Nutrition & Sante, a subsidiary of the Japanese firm Otsuka Pharmaceutical that specialises in dietary food products, has announced the acquisition of Spanish health and functional foods company Bicentury. According to Otsuka, the acquisition will enable Nutrition & Sante to become the main supplier of slimming products in Spanish supermakets. Founded in 1980, Bicentury markets a range of slimming foods including the first meal-replacement cereal bars in Spain, as well …
The Xtreme brand of hair gel has been acquired by the German personal and household care firm Henkel, according to a report in Revista Neo. The brand was previosly owned by Wet Line, a Mexican manufacturer of perfume, cosmetics and toiletries. The transaction includes the brand along with products formulas and packaging. “We are making efforts to position ourselves as a leader in the styling segment globally, as hair products …
South Korean cosmetics and toiletries manufacturer Skinfood has announced that it has released a new line of skin care products under the brand Beer One Shot For Men. Targeting urban men with a busy lifestyle, the line is designed to simplify skincare routines and comprises three products: a Moisture Balancer (100ml), a combination of cream and lotion; a Moisture Essence Toner (155ml), a combination of toner and essence; and a …
Retail giant Carrefour has revealed that it is in exclusive negotiations with Altarea Cogedim, owner of Rue du Commerce, for the purchase of the e-commerce retailer. Rue du Commerce has a diverse product range, predominantly in technology and DIY products, but also has a broad offering in the beauty and fragrance space, including brands such as Calvin Klein, Azzaro, Paco Rabanne, Kerastase, Gloss!!, Markwins, and L’Oreal. In a press release, …
Mibelle, a private label cosmetics producer that is part of the Swiss retail group Migros, is seeking to make its products available in India through a cooperation agreement between Migros and Indian retail firm Future Group. Migros CEO Luigi Pedrocchi commented on the move by stating that the objective was to develop new brands and products for the Indian body care market. The step would also allow the company to …
The latest innovation insight from Gama Compass™ MANCHESTER – 20th August 2015: This week Gama takes a look at a new effort to innovate with fragrance in the soap market through the launch of a product that marries the aspirational appeal of premium perfumery with the durability of scent release technology – Caress Forever Body Wash. Touted as “the world’s first body wash with Fragrance Touch Technology”, Caress Forever Body Wash, which …
Unilever is investing R$600 million ($172 million) in a new plant and a distribution centre in Pernambuco, Brazil, according to a report in Diario de Pernambuco. The investment is said to be largest amount invested by the group in a new manufacturing complex in Brazil this year. Building work is reportedly scheduled to start next month and is estimated to be finished by the end of 2017. According to sources, …
The latest innovation insight from Gama Compass™ MANCHESTER – 6th August 2015: New developments in sun care technology that effectively turn summer into winter feature in this week’s Innovation Insight, as we take a look at a new refreshing spray that claims to deliver sun protection in the form of ‘snowflakes’ – Recipe Snow Flower Sun Protection Spray. South Korean health & beauty manufacturer Recipe Cosmetics is aiming to create …
Drogerie Markt (DM), Germany’s leading retailer of health & beauty products and housewares, is expanding for the first time into online retail, according to a report in Lebensmittel Praxis. Launched on the 14th July, the e-commerce platform allows consumers to choose from a range of 11,000 products that is similar to that available in DM’s high street stores. Ordering is done on the basis of ‘parcels’ with a capacity of …
Carlsberg Laboratories, the research and development arm of Carlsberg Breweries, has announced that it has joined forces with cosmetics producer Urtegaarden to develop a series of male-specific grooming products that claim to feature the same ingredients as Carlsberg beer. The new line is to include a shampoo, a conditioner and a body lotion, each available in a 250ml size. In a press release, Carlsberg explained that the main ingredients in …
Unilever is opening a store on the e-commerce platform JD.Com which will enable it to sell branded items to the Chinese market. In a statement, JD.com said that some of Unilever’s best-known health and beauty brands such as Ponds, Dove, Vaseline and Lux would be featured, including three product lines from Lux’s shampoo range that are currently the best-selling shampoo products in Japan. In the coming months, the range of …
Maesa Group, a firm specialized in the design and manufacture of private label and exclusive beauty products, has announced that it is to acquire P2 Cosmetics, an Austria-based producer of makeup products with distribution exclusively through the German retail chain Drogerie Markt (DM). Founded in 2004 as a division of Palmers Textil, P2 Cosmetics offers a range of cosmetic products for eyes, face, lips, hands and nails, featuring “high quality …
The Ireland-based company Perrigo, the world’s largest manufacturer of OTC products and supplier of infant formulas, has announced a deal through which it will acquire well-known OTC brands from GSK. The acquisitions include the NiQuitin nicotine replacement therapy (NRT) business, primarily in the European Economic Area (EEA) and Brazil; Novartis’s legacy Australian NRT business, including the Nicotinell brand; several assorted OTC brands including Coldrex across the EEA, and Panodil, Nezeril, …
Henkel and Coty have made offers to buy separate parts of P&G’s beauty businesses, worth up to a combined $12 billion, according to a report in Reuters quoting “people familiar with the matter”. The sale of one or more personal care assets would be in line with the stated strategy of P&G’s new CEO, AG Lafley, to focus more on the company’s core business, Reuters continues. According to the source …
FAL Food & Beverages has entered the multi-million dollar Australian protein shake market with the launch of Hi-Pro Boost, a new “high performance” product range. Described as being high in protein, the product is also promoted as a fat burner, a metabolism booster and as rich in antioxidants. According to the company, it is “the only high protein drink combining all ingredients to achieve maximum protein synthesis”. Tim Xenos, CEO of …
The latest innovation insight from Gama Compass™ MANCHESTER – 28th May 2015: This week Gama returns to look at the infiltration of ‘sweet treats’ into the health and beauty industry, casting an eye over the latest example of chocolate-inspired cosmetics indulgence – Etude House Give Me Chocolate Eyeshadow. Newly launched in South Korea as a limited edition, Etude House Give Me Chocolate Eyeshadow forms part of a chocolate-inspired collection that …
FMCG multinational Unliever has opened its first retail outlet dedicated to its leading health & beauty brand Dove, according to a report in the Hamburger Abendblatt Located inside the German and Swiss headquarters of Unilever at Hafen City in Hamburg, the store will be the first of its kind to be open to the general public. With a surface area of more than 180 square metres, the Dove outlet will …
The German supermarket chain Rewe has increased its cooperation with DocMorris, Europe’s biggest online pharmacy, with the launch of a new private label line under the DocMorris brand, according to a report in Finanz Nachrichten. The new DocMorris brand range includes medicinal products and health related items such as vitamin supplements, sun screen and nasal spray, and will be simultaneously available in more than 3,000 Rewe stores in Germany as …
Migrating across London for its latest edition – from its established home at Olympia in Kensington to the more ample surroundings of ExCel in Docklands – Natural & Organic Products Europe returned this April to unveil the latest in “natural, organic, fair trade, free-from, vegan, vegetarian, and eco-living” products from across the world. Along with its relocation, the show boasted a “fresh new look”, attracting around 600 exhibitors and over …
La Prairie is expanding its range of high-end skincare products with a new launch described as a “luminous lightweight firming cream”, targeted at mature skin. Made using extracts of liquorice root and watercress and also containing ‘golden caviar’, La Prairie Creme Hydratante Eclat Caviar Nacre “brilliantly reduces discolouration as it brightens and firms” and is claimed to “help make age spots fade away and stop new dark spots from forming”. …
Household and personal care company Henkel is said to be contemplating a bid to acquire the Wella division from P&G, according to an article in German newspaper Handelsblatt, quoting Reuters. Last November, Reuters reported that P&G was exploring options to offload its Wella business, which is valued at around $7 billion. A move to divest the Wella unit would be in line with P&G’s stated intention to streamline its business …
The latest innovation insight from Gama Compass™ MANCHESTER – 23rd April 2015: Food-focused marketing and textural interest continue to play a significant role in health & beauty innovation, as evidenced by Gama’s innovation feature for this week: Sanctuary Spa Cooling Body Sorbet Collection. Part of a new food-inspired range in the UK that also includes a series of ‘Air-Whipped Souffle’ products, the Sanctuary Spa Cooling Body Sorbet Collection from PZ …
Insight by Gama Compass™ MANCHESTER – 16th April 2015: From the growth in on-the-go breakfast foods to the rise of multifunctional “alphabet creams” in the cosmetics market, convenience benefits have driven many of the breakthrough innovation trends in the FMCG space over the past few years. However, as the latest analysis of product launches reported by Gama Compass™ over the last 12 months can reveal, claims relating to convenience – …
Johnson & Johnson (J&J) has launched a new fruit smoothie inspired body care line for consumers in Germany. Said to bring a ”Smoothie Feeling” to body care, the line, under the BebeYoung Care brand, comprises shower gel and body lotion in the varieties Pomegranate Smoothie and Forest Fruit Smoothie and is targeted at a teenage audience. Available from April, the shower gels in the new line are said to feature …
Gama spoke to Dino Tavazzi, CEO of Cosmoprof, ahead of the global beauty care event in Bologna. What key trends do you expect to beauty care innovation in 2015? A good many companies at Cosmoprof Worldwide Bologna, whether focused on male or female beauty care, are paying attention to the sustainability agenda, in line with the ‘green’ themes adopted for the Milan Expo 2015. In particular, significant emphasis is being …
LG Household & Health Care Ltd., one of South Korea’s leading cosmetics firms, has announced plans to invest up to around 1 trillion won ($963 million) in M&A over the next five years. Commenting on the plans, a company spokesman said: “M&A is our fundamental growth strategy, helping us strengthen our competitiveness as well as expanding into overseas markets”, adding: “There are two to three companies that we are interested …
Denmark based make-up and body care company Gosh Cosmetics is reportedly launching new nail varnish shades for the spring-summer season 2015. The new nail varnish range is claimed to be suitable for all skin tones and nail styles. The seven new shades, specially designed for the warmer months, are named Snow White, Sea Foam, Sunkissed, Pretty Ballerina, Apple Blossom and French Dream. According to information, the new Gosh nail varnish …
Switzerland-based multinational Nestle has released its financial statement for 2014, showing an increase in organic sales over the prior year period. Nestle said that total sales of CHF 91.6 billion ($96.9 billion) for the year represented 4.5% organic growth and 2.3% real internal growth over 2013, despite an actual fall of 0.6% due to negative foreign exchange. Net profit meanwhile rose CHF 4.4 billion to CHF 14.5 billion ($15.3 billion). …
FMCG multinational P&G is launching a new eye care product for the East Asian market, according to media reports. Released as part of the the premium SK-II skincare line called. the product features a special applicator called a ‘magnetic wand, which is claimed to be a “first-in-the-world device that revolutionizes the concept of eye care”. According to the manufacturer, the wand is created using “tri-magnetic technology”, exclusively developed to be …
Lotte Confectionery Co Ltd has launched a new chocolate-based dietary supplement in South Korea. Named Dream Cacao Flavanol and sold under the brand name Lotte Health One, the product reportedly targets middle-aged and senior consumers. A reinvention of the company’s well known Lotte Dream Cacao product in the form of a dietary supplement, Lotte Health One Dream Cacao Flavanol is said to have been approved by the Korean Food and …
Beiersdof, one of the world’s largest health & beauty companies, has announced that its sales increased 2.3% in 2014, rising from €6.161 billion ($6.958 billion) to €6.285 billion ($7.099 billion). The company said that it had “continued its profitable growth path in 2014 despite a challenging macroeconomic environment”. Organic group sales rose by 4.7%, with the Consumer Business Segment seeing organic sales up by 4.8%. All three of the company’s …
Kimberly-Clark, which is active in markets including household paper and baby care, has reported stable revenues for the 2014 calendar year. Sales of $19.7 billion were 1% higher than 2013 and organic sales rose 4%. Operating profit was down to $2,521 million in 2014 from $2,903 million in 2013, although adjusted operating profit increased 5% to $3,184 million. Adjusted operating profit comparisons benefited from organic sales growth, FORCE cost savings …
Johnson & Johnson has closed 2014 recording total sales of $74.3 billion, an increase of 4.2% versus 2013. In the Worldwide Consumer division, however, sales of $14.5 billion for the full-year 2014 represented a decrease of 1.4% compared to 2013, consisting of an operational increase of 1.0% and a negative impact from currency of 2.4%. Domestic sales decreased 1.3% while international sales decreased 1.4%, reflecting an operational increase of 2.3% …
Consumer goods giant Unilever has detailed its global financial performance for 2014, revealing modest growth figures in what it described as “tougher markets”. Underlying sales rose 2.9%, although turnover declined 2.7% to €48.4 billion ($56.1 billion) including a negative currency impact of 4.6%, the company said. The firm reported a slowdown in growth in emerging countries, citing “economic pressures” which “impacted consumer demand”. Growth in these markets was 5.7% whilst …
The German pharmacy chain Rossmann has announced its financial results for 2014, revealing that its total sales have exceeded €7 billion for the first time. The company closed 2014 with sales amounting to €7.2 billion ($8.3 billion) and revenue growth of 8.7%. In its home country of Germany, where it operates 1,919 stores, the firm grew sales by 7.9% to reach a total of €5.38 billion ($6.22 billion). Meanwhile sales …
German health & beauty retailer Drogerie Markt (DM) has launched a new line of face and eye care products said to help support skin regeneration and prevent aging. The new ‘Zell Activ’ series, launched under the Alverde Naturkosmetik brand, is said to include an active ‘PowerExtension’ formula made with 100% vegetable stem cells which is said to stimulate cell metabolism and promote the skin’s cellular vitality. The complex is said …
Mibelle, a Switzerland-based producer of toiletries for private label brands, is buying a majority stake in UK-based Quantum Beauty Company (QBC), according to a report in Cosmetics Business. The Mibelle Group is composed of Personal Care, Home Care and Nutrition business units, in addition to Mibelle Group Brands which is also active in the development and management of exclusive brands in the cosmetics sector. It is thenumber three in the …
Unilever has announced that it is to acquire the Camay brand globally and the Zest brand outside of North America and the Caribbean from The Procter & Gamble Company (P&G). The deal also includes the sale of P&G’s bar soap manufacturing facility in Mexico. The plant employs approximately 170 people who will transfer to Unilever at the completion of the deal, the company said. The two soap brands together had …
Marc Jacobs Beauty has taken another step towards social media based e-commerce through the launch of an app that allows consumers to receive purchase information about products through the @marcjacobsbeauty Instagram profile. As the Instagram platform does not allow the use of active hyperlinks, the company has instead created an e-commerce service in which shared images are linked to product -emails. After providing their e-mail address and Instagram handle, users …
Cosmetics giant L’Oreal has announced plans to expand its hair colour production facilities in India with the opening of a new manufacturing plant in Baddi, Himachal Pradesh, the Economic Times reports. L’Oreal India Managing Director Jean-Christophe Letellier said: “We are in the process of opening a second factory in the North. It will be at Baddi in Himachal Pradesh and will be only for hair colour, for which we plan …
Tokyo-based cosmetics company Shiseido has developed a sunscreen technology that is claimed to amplify its protection through contact with water or perspiration. According to a company release, the new technology, called Shiseido WetForce, interacts with the minerals in water and perspiration. As part of its R&D approach, the company said that it had focused on the relationship between minerals, such as the calcium ions and magnesium ions in tap water, …
The Estee Lauder Companies Inc. has announced that it has signed an agreement to acquire Editions de Parfums Frederic Malle for an undisclosed amount. Editions de Parfums Frederic Malle offers a collection of exclusive, ultraluxury fragrances personally curated by Malle, according to an Estee Lauder press release. The deal would enable Frederic Malle fragrances to expand their reach to global markets, the company said. “The Estée Lauder Companies has great …
The world’s sixth largest consumer health and pharmaceutical company Johnson & Johnson has acquired the energy drink brand ORSL from Jagdale Industries for an undisclosed amount. According to the terms of the deal, Jagdale Industries will provide transition services in the area of manufacturing, detailing and distribution of its flagship ORSL health drink. ORSL is described as a a patented fruit based electrolyte energy drink that is well known in …
FMCG giant Procter & Gamble (P&G) has moved ahead of Nestle to become the third-largest consumer goods player in India, according to a report in the Economic Times. Having doubled its sales in the country in the last three years, P&G now only sits behind two other companies in revenue terms – HindustanUnilever and Amul. A P&G spokesperson said: “In fiscal 2014, we generated robust sales growth across all entities …
MANCHESTER – 31st October 2014: The Halloween phenomenon, and the revenue opportunities it generates, is making the 31st October an increasingly significant date for FMCG companies. Sales of food and drink products, alongside those of costumes, decorations and other accessories, continue to grow, as Halloween increasingly makes its presence felt both in its traditional territory of North America and also in newer markets such as Europe, where the occasion is …
German health & beauty retailer Drogerie Markt (DM) has posted record annual earnings, with sales in its domestic market for the year ending 30th September 2014 climbing 9.6% to €6.4 billion ($8.1 billion). According to a Lebensmittel Praxis report, the company’s growth – like-for-like sales were also up 2.4% – means it is now the undisputed market leader in health & beauty retailing in Germany. Commenting on the results, DM …
Hindustan Unilever, the Indian unit of consumer goods giant Unilever Plc, has reported double-digit sales increase for the second quarter of its financial year. The company announced that, during the quarter ending 30th September 2014, the Domestic Consumer business grew by 10%, ahead of market, with 5% underlying volume growth. Double-digit growth was recorded in soaps & detergents, packaged foods and water, while beverages saw volume-led growth in tea & …
Johnson and Johnson (J&J), one of the leading companies in the consumer health and pharmaceuticals space, is planning to sell two of its traditional brands in India, according to a report in the Economic Times. J&J is believed to be looking for a buyer for its Savlon line of antiseptic soap and liquids and its Shower to Shower talcum powder. The brands together are expected to raise over Rs 300 …
UK-based healthcare and household goods manufacturer Reckitt Benckiser (RB) has posted revenue of £2.37 billion ($3.83 billion) for its third quarter, increasing sales on a like-for-like basis by 3% on the previous year. Despite what RB termed a “robust performance in challenging markets”, the results were said to be below some analyst expectations. Bloomberg reports that unfavourable economic factors in Brazil and India are having an adverse effect on the …
Coty has announced that it has made an offer to buy the French cosmetic brand Bourjois in order to expand its presence in Western Europe. It would acquire the brand from cosmetics giant Chanel which would then become a significant shareholder of Coty through the receipt of 15 million Class A Coty shares, the company said. Bourjois’ portfolio of colour cosmetic products are sold through approximately 23,000 points of sale in more than 50 countries around the world, enjoying leading positions …
The low cost Spanish perfumery chain Equivalenza has announced that has secured an in-store agreement to open 80 stores in Chile in Walmart’s commercial centres, America Economia reports. While some of the stores will be located in Walmart shopping centres, Espacio Urbano, many will be located in Lider hypermarkets and Lider Express stores. According to the perfumery company’s strategy, the first 60 stores will be opened within 3 years. The …
Superdrug is due to launch a new Clearly Youthful skincare range said to comprise “seven scientifically formulated” products for both ageing and problem skin. According to Cosmetics Business, the range includes an AHA/BHA Exfoliating Cream Cleanser, a Blemish Treatment Gel, an SPF15 Skin Balancing Moisturiser, a Triple Action Cleanser, a Mask and Scrub, a Hydrating Day Serum, a Retexturising Glycolic Peel Off Mask, and a Resurfacing Night Serum. The serums, …
Continuing the ‘alphabet’ cream trend, Estee Lauder is launching an Enlighten Even Effect (“EE”) Skintone Corrector SPF 30 Cream in Europe. Cosmetics Business reports that the product is based on the company’s new insight into the cycle of pigmentation and the formulas are designed to break the cycle of daily assaults and irritation which leads to hyperpigmentation and dark spots. Cosmopolitan added that the product is designed as an antidote …
US cosmetics company Urban Decay is reportedly to open its first retail store in Newport, Connecticut in early November. According to Cosmetics Business, the location close to the company’s headquarters is 1000 sq ft in size and will feature make-up stations, a customised foyer, digital video wall and a bathroom wallpapered with pictures of the employees’ dogs. Along with selling its usual range – already available in chains such as …
The Italian fashion and fragrance brand Giorgio Armani is due to launch a new floral-oriental version of its 2006 Armani Code fragrance for women. Armani Code Ultimate Femme will join the Armani Code range following the launch of the male version, Armani Code Ultimate Homme, in 2013. Announced as being the perfect combination of sensuality and glamour, the new version is said to have top notes of bitter orange, ginger …
Japanese cosmetic packaging manufacturer Yoshida has announced investment in a new plant in Vietnam. According to Premium Beauty News, the topic of investment has been popular over the past few months, with the company President Yuzo Yoshida now disclosing the information. Yoshida announced: “The construction of the new factory of the Group has just begun in Ho Chi Minh City in Vietnam, on a plot of 20,000 sqm. The production …
As part of its 30 anniversary celebration, France-based multinational perfumery chain Marionnaud is embarking on a rebranding exercise and new digital media campaign, LSA reports. To emphasise its connections with the French capital, the company is changing its name from Marionnaud to Marionnaud Paris. The move is intended to boost its prestige in international markets. Meanwhile the company has also unveiled a new media campaign designed to attract a younger …
L’Oreal, the world’s largest cosmetics firm, has announced the signing of an agreement to acquire Niely Cosmeticos, Brazil’s largest independent hair coloration and hair care company. The value of the deal has not been disclosed. Niely Cosmeticos has two main brands – Cor & Ton for hair coloration and Niely Gold for shampoos and care – and is sold at accessible prices, enjoying a large penetration among the country’s middle …
India’s first halal cosmetics brand – Iba Halal Care – has been launched this month in Ahmedabad by Ecotrail Personal Care. According to Mauli Teli, CEO of the company, the line was created to provide “an entirely new category of cosmetic products – halal cosmetic products. Halal (meaning ‘lawful’) cosmetic products are entirely hygienic, ethically manufactured products and meant for usage by everyone”. Mr Teli continued “The products, manufactured at …
It has been announced that Unilever has partnered up with daraz.pk, an online shopping portal, to become the country’s first online retail solution for consumers. According to Cosmetics Business, consumers will be able to purchase 66 of Unilever’s beauty and personal care products via the portal. The partnership is said to be an initiative which focuses on increasing revenue share from e-commerce. Pakistan has been identified as a high potential …
Inter Parfums has announced its results for the second quarter ended June 30th, reporting that net sales of ongoing brands increased by 22.1% to $118 million from $97 million while net income increased to $6 million from $4 million in 2013. Cosmetics Business reports that Europe-based operations generated ongoing brand sales of of $95 million, an increase of 31.2% on last year’s $72 million in the same period. Of this, …
Elizabeth Arden’s financial woes have continued as the multinational cosmetics firm reported a net loss of $155.9 million for the fourth quarter of its financial year, compared to a loss of just $5 million for the same period of the previous year. The results comes on the back of a $26.5 million loss in the third quarter, itself 20 times greater than in the equivalent period of 2012/13. Total annual …
Nail varnish manufacturer OPI has launched its first full size neon shades for consumers, a move described by the company as a “welcome addition to OPI’s permanent line”. The Beauty Hub reports that the line arrives in time for summer with electric shades of lemon-lime, tangerine, hot pink, coral, lime and purple. Suzi Weiss-Fischmann, OPI Co-Founder & Executive VP explained that: “with hands and feet constantly on display during warmer …
Beiersdorf has reported its second quarter results, posting earnings before interest and tax (EBIT) of 217 million euros ($290 million) and sales of €1.575 billion ($2.09 billion). The company was hit by a slowdown in some emerging markets. According to Reuters, the company had previously seen growing demand from increasingly brand-conscious consumers in Asia, Eastern Europe and Latin America as a way to compensate for saturated Western European economies. Beiersdorf …
This week Gama casts its eye over the latest display of multifunctionality in the health and beauty industry – Clarins Sun Care Radiant Oil Spray. Combining the benefits of a body oil, a hair oil and sunscreen in one, Clarins Sun Care Radiant Oil Spray is the latest addition to the Clarins line up of sun protection products in Europe. Described as “a beautifying oil enriched with a nourishing elixir”, …
US pharmacy giant Walgreens is said to be buying the remaining 55% of UK high street pharmacy Alliance Boots. According to the BBC, the Walgreens board is now seeking approval from shareholders for the £9 billion ($15 billion) deal after previously buying a 45% stake in the company in 2013. Walgreens said the company would not use the deal to alter its current tax status and the merged company would …
Avon has reported total revenue of $2.2.bilion for the second quarter of 2014, 13% lower than the same period of 2013. According to Cosmetics Business, net income based on continuing operations was $20 million compared with $85 million in the same period of the previous year, while the company’s net debt stood at $1.9 billion as of 30 June 2014. This figure was said to be $170 million less than …
The UK’s very first money-free Twitter store is set to be opened in Covent Garden, London between 15th and 17th August by Marc Jacobs Fragrances. No money will needed at the pop-up store as all transactions will be made purely by social media with customers using the hashtag #MJDaisyChain. According to the Independent, customers will be encouraged to “shop” by tweeting using the hashtag, with bigger ticket items including Marc …
Having established a presence in its domestic market through a chain of 118 stores, Spanish perfumery chain La Botica de los Perfumes is now looking to the Portuguese market to expand its business, Distribucion Actualidad reports. The perfume franchise was founded in 2011 since when it has seen significant growth to reach a turnover of €20 million ($27 million) per year. The company is said to focus on 100% natural …
American-based multinational P&G is planning to reduce its portfolio, shedding up to 100 brands, Fortune reports. Speaking to industry analysts, P&G Chief Executive Alan Lafley said the company planned to focus on the 70 to 80 brands which account for around 90% of its sales and 95% of its profits. Mr Lafley, who rejoined the company after serving in the same role from 2000 to 2009, commented that focusing on …
Christian Louboutin, the famous Parisian shoe designer, has recently revealed a new nail polish which is said to be the designer’s first product within the beauty industry. According to Premium Beauty News, the nail polish, which is in the brand’s “signature” colour of red, is named Rouge Louboutin and is described as a “timeless, vibrant red suited to any skin tone”. Said to be inspired by the Ballerina Ultima shoe, …
This week Gama takes a look at an in-vogue category in the health and beauty industry – exfoliant powders – with the debut of Boscia Tsubaki Oil-Infused Exfoliating Powder. Boscia Exfoliating Powder, a new launch available in markets including the USA, Canada and Malaysia, is an illustration of the growing interest in powder exfoliants as an alternative to more traditional scrubs and gels. One of a series of products from …
Unilever has unveiled its H1 financial results, revealing that its overall sales have been impacted by slow growth in its food businesses and in emerging economies, as well as declining prices in developed economies. The multinational posted total sales for the first half of 2014 of €24.1bn ($32.5bn), with underlying sales growth beneath analyst estimates at 3.7%. Speaking to Reuters, Unilever’s Chief Financial Officer Jean-Marc Huet commented: “Overall there’s a slowdown …
P&G is planning to debut its Old Spice brand in France, Cosmetics Design Europe and Cosmetics Business report. Focusing primarily on deodorants, the company is intending to retain the tongue-in-cheek marketing for which the Old Spice brand is renowned in the USA. Marketing will feature the “Smell like a man, man” slogan and POS materials explore the brand’s history, the boat logo, and its use of Isaiah Mustafa as the …
According to Premium Beauty News, Birchbox has launched its first retail store in New York City after defining itself through an online store and “beauty boxes” sent to subscribers. The store is said to feature 2,000 products from 250 brands including Smashbox, Caudalie, Jouer, Supergoop!, Cynthia Rowley, Baxter of California, Lab Series, and Art of Shaving, with the concept based on insight and feedback from the company’s active subscribers: editorial …
Unilever has announced that it has sold its weight-loss brand range Slim-Fast to the private equity firm Kainos Capital for an undisclosed sum. The transaction, which includes the Slim-Fast trademark and the global Slim-Fast business portfolio, will see Unilever retain a minority stake in the business, the company announced in a statement. The brand is sold throughout North America and in the United Kingdom and Ireland. The announcement comes a …
This week Gama turns its attention to the haircare market – and the growing influence of glamour trends in the health & beauty industry – with the launch of Drybar Gold Mine Shimmering Leave In Conditioner. Recently unveiled for the summer season in the US, Drybar Gold Mine Shimmering Leave In Conditioner is a hair conditioner and cosmetic product highlighting the trend for products which add a touch of “glitz” …
UK health & beauty retailer Boots has recently launched a digital app which personalises deals for consumers based on their shopping habits. According to Retail Gazette, the app works in conjunction with the company’s advantage card and will offer customers an alternative to paper coupons within the My Offer feature. Ruth Spencer, Boots Loyalty and Multi-Channel director, commented: “We know that our customers love to receive personalised offers on the …
German health and beauty company Beiersdorf is to open a new plant in Gurajat, India, the Economic Times reports. The new plant will be 70,000 square meters in size, will cost around Rs 1,000 crore ($166 million) and is planned to be finished by next year. “The Indian business has rapidly grown and we decided to set up the factory to get closer to the market and respond faster to …
Indian household and personal care company Godrej Consumer Products Ltd (Godrej) has announced ambitions to achieve sales of Rs 100 crore ($16.6 million) through its Protekt brand. The company was speaking as it unveiled product launches of a hand sanitizer, handwashes, and a skin mosquito spray under the Protekt brand. According to Sunil Kataria, Godrej COO, the market of sanitizer products and repellents has increased in the last few years …
Gama spoke to Margarida Condado, Marketing Director, L’Oréal Portugal What are your day to day activities as Marketing Director? As Marketing Director I have responsibility for defining and implementing our brand strategy and marketing mix in the Portuguese market, in accordance with our international positioning. I also actively participate in the management committee of the Consumer Product Division at L’Oréal. As L’Oréal is the leader in beauty and innovation, my …
Yves Rocher, the leading French manufacturer of natural health & beauty products, has revealed that it intends to establish its first dedicated outlets in Brazil, with 10 stores to open by the end of 2014. Speaking to a French website, Arnaud Williart, the company’s Director of Africa, Middle East & Brazil said that the firm would take an approach of “humility but determination” in accessing the world’s third largest cosmetic …
Son Tus Aromas, a low-cost chain selling its own label fragrances, is increasing its presence with the opening of 15 new stores across Spain. The chain was established few months ago in Denia (Alicante ) and currently operates several outlets in cities such as Barcelona, Malaga, Girona and Zamora. It plans to open the new stores by the end of 2014 Maria Angeles Garcia, co-founder and head of product and …
Shares in cosmetics manufacturer Elizabeth Arden are said to have dived by up to 23% – the sharpest fall in five years – after the company reported an unexpected loss. As reported by the BBC, the company’s sales fell by 20% to $ 211 million due to weak demand in North America and heavy discounting overseas. It has reportedly hired investment bank Goldman Sachs to investigate. According to E Scott …
Household care and health & beauty company Henkel has reported a “good start” to 2014 with organic growth up 4.3% for the first quarter. The manufacturer of brands including Schwarzkopf and Persil revealed that results in its growth regions had been particularly strong, with organic sales up 8.3%. However unfavourable currency effects saw total sales value drop back by -2.6% to €3.93 billion ($5.39 billion). “In a difficult market environment …
Gama spoke to Brian Sharoff, President of PLMA, ahead of the private label industry trade show in Amsterdam. What are your day to day activities? As president of PLMA, I am responsible for our annual trade shows, conferences, publications, and educational programs. How many people work in the organisation before and during the fair? We have approximately 50 people on our staff in Amsterdam and other major cities. This …
Energizer Holdings Inc has announced its plans to split into two separate companies as it looks to rationalize its business. The move would see the company split into two new businesses – one focused on personal care and one on household products companies – and is scheduled for the second half of 2015. The decision comes as the disposable battery market is faced with increasing pressures as consumers move towards …
Basque supermarket chain Eroski has increased its online offering by adding 4,000 new items to its online supermarket service Eroski Online. According to Gran Consumo, a further 4,000 items are being added to the site, bringing the total number of products available to more than 12,000. The new additions include local, fresh, organic, gourmet, wellbeing, beauty and para-pharmacy products. Initially the new items will be made available in Vitoria and …
It has been announced that Estee Lauder Cosmetics Inc, has raised full-year earnings-per-share guidance for 2014. The company said growth was based on prestige beauty, new product launches and stabilising international markets, and follows a recent announcement by the company that it had recorded double-digit growth in both profits and sales in the third sales. Estee Lauder President and CEO Fabrizio Freda commented: “We had a terrific quarter, with all …
According to reports, Diana Group of France is to be acquired for €1.3 billion (US$1.8 billion) by the German scents and flavours group Symrise. Diana is active in the food, pet food, nutraceuticals, aquaculture and cosmetics space and has become one of the leading suppliers of organoleptic solutions based on natural ingredients, Symrise said in a statement. The French company was further described as “a world leader in natural and …
Today Gama features a new skin care, body wash and hand soap line from the Dial brand in the USA – Dial Greek Yogurt. Tapping into the growing popularity of Greek yoghurt products and the trend towards protein enrichment, the new yoghurt line offers consumers “protein packed yogurt for deliciously soft skin”. Greek yoghurt has been the rising star of the yoghurt category in the USA. By nature thicker and …
The 18th edition of Natural & Organic Products Europe took place this week at Kensington Olympia in London. The show represents a broad cross-section of natural and ethical consumer goods companies and the 2014 event, promoted as “the biggest to date”, attracted over 650 exhibitors from around the world and many thousands of visitors. A recent report from the Soil Association, referenced by Natural & Organic Products Europe, also bore …
The Japanese high-end skincare and makeup company, Shiseido Co., is due to launch its ‘Za’ brand by the second quarter of the year on the market in India, according to Yu Okazana, Shiseido Corporate Executive Officer & Director of the Shiseido Board. The company plans to sell in 250 retail outlets by the end of the year. The Za brand is already sold in 12 countries across the world. “India …
Avon, the world’s leading direct sales cosmetics company, is expanding its social media presence in Brazil with the launch of a new virtual shop on Facebook. Dubbed ‘Avon Beleza Vitrine’, the new portal will alow the company to promote its products and facilitate communication with its resellers. Customers will be able to ‘like’ Avon products and also order them by creating a wish list which they can share with the …
Dirk Rossmann GmbH, one of Germany’s leading health and personal care retailers, has revealed a strong start to 2014 with turnover in the first two months of the year up 8%, Lebensmittel Praxis reports. The company’s total sales in January and February increased to €1.06 billion ($1.45 billion), with domestic sales up to €808 million ($1.11 billion), an 8.7% increase on 2013, and non-domestic sales up to €253 million ($347 …
The cosmetic company Modi-Revlon has announced plans to open 100 new outlets in the next three years in India. The outlets will be mainly located in shopping centres across the country with the aim of providing consumers with easy access to Revlon cosmetics. “India has always been a priority market for Revlon with its ever-growing appetite for retail spending. These are exciting times for the company here as we are …
Heineken has announced that it is due to release a new Margarita flavour beer in the USA this April. Named Dos Equis Dos-A-Rita, it is said to be based on a popular cocktail recipe originally created in Texas, and is described as a blend of Dos Equis Lager and classic Margarita flavours, sweetened with 100% premium Agave nectar. “The Dos Equis brand continues to post double digit growth across all …
Gama spoke to Angels Solans, Managing Director, Unilever Food Solutions Spain. What are your day to day activities? At Unilever Food Solutions our goal is to help our clients develop and grow their business. A large part of my work centres on achieving this goal, ensuring that the innovative products we offer clients helps them in these objectives. All of our innovations are aimed at allowing our clients to improve …
Beiersdorf has announced that its new facility in Mexico City, Mexico will be complete by the middle of this year, in a project described by CEO Stefan Heidenreich as the company’s most ambitious anywhere in the world. With an investment of $130 million, the new plant will act as a regional laboratory where products targeted at the Latin American market will be developed. The company plans to transfer part of …
Marionnaud, the largest perfumery chain in Europe, has confirmed plans to close the majority of its outlets in Spain and to lay off more than half its workforce in the country. The retailer, which is part of the multinational A.S. Watson group, currently owns 116 stores across Spain. The closure plan will see 70 of these stores shut down, according to Granconsumo.tv, quoting a union source from within the company. …
The Coca-Cola Company has teamed up with OPI for a range of nail colours inspired by Coca-Cola products. OPI, the multinational brand owned by Coty Inc, has announced a partnership with The Coca-Cola Company through which a number of well-known Coca Cola brands (including Coca Cola itself as well as Diet Coke, Coke Zero, Cherry Coke, Vanilla Coke, Sprite and Fanta), will be the inspiration for a limited edition of …
L’Oreal Paris has opened a new boutique in Madrid for fashion-conscious Spanish consumers. The first of its kind in the south of Europe, the boutique is designed as a “laboratory” where consumers can get advice on the latest trends and where they will be able to try out the latest technologies, formats and products. L’Oreal Paris has been active in Spain for over 50 years, and the country represents the …
In its attempt to shrink its product portfolio, Swiss-based food giant Nestle has agreed to sell an 8% stake (equal to 48.5 million shares) back to L’Oreal, meaning its ownership will fall back to 23.29% once the deal is closed In exchange Nestle will receive $4.64 billion in cash and a 50% stake in Galderma, a Swiss skincare company valued at 3.1 euro ($4.2 billion), through which it will set up …
Unilever has announced the launch of whitening toothpaste specially designed for men. An extension to the Signal White Now range – which uses a blue pigment and a special optical effect claimed to make teeth instantly whiter – the new Men version, said to be a world first, will be backed by the slogan “having a beautiful smile guarantees both professional and personal success.” According to Premium Beauty News, Unilever …
TPG Growth has announced that it has acquired a majority stake in e.l.f Cosmetics. The majority share in the American cosmetic firm has been acquired from company founders and TSG Consumer Partner LLC, a leading investor in middle market consumer companies. John Bailey, principal at TPG Growth, stated: “We are happy to partner with e.l.f. to build the company and accelerate its already impressive growth trajectory.” e.l.f cosmetics occupies a …
Colgate Palmolive reports that net sales have increased for FY2013, boosted by performance in Latin America. Overall worldwide net sales in 2013 stood at $17.42bn, increasing by 2% on 2012, while organic sales grew by 6% and unit volume grew by 5%. Although in Europe net sales dropped by 0.5%, net sales in Asia increased by 4.5% while Africa/Eurasia rose by 0.5%. Sales in Latin America – representing 29% of …
Cosmetics manufacturer Revlon and fashion house Marchesa have joined forces once again to launch a new collection off beauty items, Total Beauty reports. 1n 2013, Revlon and Marchesa released a limited-edition eight-piece nail collection said to be inspired by couture gowns. Now Marchesa designers Georgina Chapman and Keren Craig have teamed up again to produce a ‘Red Carpet’ collection which includes beauty tools such as a brush kit and manicure …
Unilever has announced its results for Q4 2013, revealing overall sales growth of 4.1%, with 2.7% volume and 1.4% price. Results for the quarter were particularly strong in emerging markets, which saw an increase in sales growth of 8.4% and volume at 5.3%. CEO Paul Polman said: “We have delivered another year of consistent underlying sales growth and margin expansion coupled with strong cash flow. This has been achieved despite …
Personal care manufacturer Lands’ End is set to launch a new collection of body care products. Available in the US, the new ‘Coastal Living Bodycare’ line will include Fresh Lavender and Honey Blossom Nourishing Body Lotion, claimed to moisturize the skin with shea butter and vitamin E. Meanwhile a Fresh Lavender and Honey Blossom Soothing hand cream hydrates skin and contains aloe, as well as Vitamins A and E. Finally …
Kimberly-Clark has reported global sales of $5.3 billion for Q4 2013, showing no change on the same period of 2012. Organic sales for the period were 5% up on the previous year, with K-C International sales rising by 11%. Operating profit was $822 million versus $449 million in 2012, with adjusted operating profit, excluding restructuring costs for European strategic changes, up 5% at $836 million. In the personal care segment, sales of …
Health & beauty firm Tatcha has announced that it is set to launch its latest skincare range, called ‘Indigo’. The range aims to soothe and protect irritated and sensitive skin types. Comprising a Soothing Silk Hand Cream, a Soothing Silk Body Butter and a Soothing Renewal Treatment, the range includes pure indigo extract combined with liquid silk and Tatcha’s signature Hadasei-3 Complex – a proprietary anti-aging formula of Green Tea …
Beiersdorf AG has reported overall growth in sales of 1.7% in 2013, according to its latest trading statement. Total sales for the year totalled €6.14 billion ($8.32 billion), the Hamburg-based manufacturer of personal care products revealed. Sales in the Consumer division, in particular, saw an improvement on previous years. For the first time since 2008, growth was reported in the developed markets of Western Europe. Meanwhile growth was also reported …
Coty Inc. has entered into an agreement to acquire UK distributor Lena White Ltd., The Wall Street Journal is reporting. Lena White has served as the main distributor for Coty’s OPI brand in the UK for the past thirty years, supplying professional and retail beauty channels alike. According to Coty, the move will allow the company to directly lead the development of the OPI brand in the UK and provide …
Nestle has announced that it has entered into a partnership with biotechnology firm Cellular Dynamics International (CDI) as it seeks to invest in research into diet and diseases. In statement, CDI stated that it had signed a long-term agreement to supply stem cells to the Nestle Institute of Health Sciences, although the financial terms were not disclosed. The new venture will reportedly allow Nestle to increase its capacity to develop …
Creme of Nature, a brand of Colomer Beauty Brands, has announced the launch of Straight From Eden, a straightening cream that is claimed to be 100% derived from plants and to contain natural oils to prevent damage to hair caused by chemical straightening. Straight from Eden will be available from January at $7.99 -$10.99 from beauty suppliers and market stores. Among the ingredients in the product are coconut, avocado and …
Two new products featuring a “breakthrough cellular level whitening formula” have been added to the Olay product line in the UAE, P&G has announced. White Radiance Intensive Fairness Serum and Intensive Fairness Cream provide whitening results that “come from deep cellular radiance, making your skin glow from within”, according to P&G. The products contain a new formula called CelLucent ™ – an ingredient named Sepiwhite and niacinamide are combined to …
Avon, one of the world’s largest direct sellers of cosmetics, has said it will halt further roll out of its order management technology and initiate a further 650 job cuts after the company’s shares fell 5% in early trade. The new redundancies comes on top of the 400 job cuts it announced in April of 2013. Sales in Canada fell in the most recent quarter due to disruption caused by …
German household and personal care manufacturer Henkel has completed the acquisition of a beauty care plant in Russia, located near Moscow in the Noginsk area. The factory, purchased from Wellchem Holding GmbH of Austria, is described as being fully operational. According to Henkel, the acquisition is in line with its global strategy to strengthen its presence in emerging markets. The move is intended to support growth for Henkel’s personal care …
Cosmetics Europe – the industry body representing cosmetics and toiletries manufacturers in Europe – has signalled the end for methylisathiazolinone (MIT) in leave-on skincare products and wet wipes by recommending that the ingredient be removed from formulations. The move follows discussions with The Society of Contact Dermatitis. Concerns among the dermatology community about MIT have existed for some time, with a study released in July 2013 showing a rise in …
Proctor and Gamble has unveiled a new collection as part of its Herbal Essences range in the USA. The new premium line, called “Naked”, is set to launch in January, according to College Fashion. The new collection, which is named Naked as it does not include any silicon, parabens or colorants, will include three sub lines – Volume, Moisture and Shine. The price point is described as being nearly 30% …
L’Oreal has appointed Marc Speicher as its new global CMO. Marc Speicher is to take over the role of global chief marketing officer, reporting to executive VP of the Americas, Frederic Roze. Tasked with focusing investment in digital media, he will oversee digital marketing investment and innovation, shopper insight and business development. The role will see him working globally with all four divisions of the cosmetics business. Speichert takes over …
L’Oreal is set to launch a new worldwide travel division to capitalize on the growing travel retail market. The new worldwide Group Travel Retail division it is to be overseen by Barbara Lavermos, the current managing director of L’Oreal Luxe’s travel retail worldwide. Lavermos will report to Niciolas Hieronimus, President of Selective Divisions. The new division, which is to be based in Paris, will involve The Body Shop brand, consumer …
The health ministry in India has recently decided to ban ayurvedic medicines and other products unless they adhere to strict rules on their formulation, TMC reports. The new legislation will affect many popular products include the health supplement Chyawanprash and the bone treatment Rhumayog, and many manufacturers will be left with no choice but to rename their products. Companies marketing ostensibly ayurvedic products with added ingredients will either have to …
Global food and drinks manufacturer Nestle is to sell its diet and weight management business Jenny Craig to US-based private equity group North Castle Partners. Jenny Craig supplies diet and fitness programmes that can be tailored to suit the consumer’s needs and has been part of the Nestle group since 2006. North Castle Partners is a consumer private equity firm that is orientated around health, well being and active living …
There are more reports that major cosmetics player Estee Lauder may be looking to acquire the British cosmetics company Butter London. Butter London was founded by entrepreneur Sasha Muir and partnering manicurist Nonie Creme. Established in 2005, the company produces hand and nail treatments and pedicures as well as eye, face and lip cosmetics. However it remains best known for its nail lacquers that regularly appear at fashion weeks and …
Fresh from recording record annual turnover, German health & beauty and household retailer Drogerie-Markt (DM) has set its sights on an aggressive programme of expansion, according to Lebensmittel Praxis. At the end of its financial year, DM recorded revenue of €7.69 billion across the group, an increase of 11.9% over the previous financial year. In Germany alone, where the chain has some 1,480 stores, turnover reached €5.84 billion, up 14.3% …
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