Germany: Rossmann releases annual results, announces plans for 2015
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 […]
Germany: DM launches Zell Activ face and eye care series
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 […]
Switzerland: Mibelle buys majority stake in Quantum Beauty Company
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 […]
UK: Unilever to acquire Camay and Zest soap brands from P&G
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 […]
USA: Marc Jacobs debuts ‘shopping’ via Instagram
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 […]
India: L’Oreal to establish hair colour manufacturing plant
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 […]
Japan: Shiseido develops sunscreen technology “that gains power through contact with water”
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 […]
France: Editions de Parfums Frederic Malle to be acquired by Estee Lauder
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 […]
India: Johnson and Johnson acquires ORSL energy drink brand
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 […]
India: Procter & Gamble overtakes Nestle to become country’s third-largest FMCG player
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. […]