USA: TPG invests in majority share of e.l.f Cosmetics
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. […]
USA: Colgate Palmolive reports 2013 sales increase, boosted by Latin American market
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 […]
USA: Revlon and Marchesa to launch new collection
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 […]
UK: Unilever reports Q4 results
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 […]
USA: Lands’ End launches new body care collection
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 […]
USA: Kimberly-Clark reports flat sales in Q4 2013
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 […]
USA: Tatcha skincare launches new ‘Indigo’ range
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 […]
Germany: Beiersdorf reports steady growth across its brands and markets in 2013
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, […]
USA: Coty acquires OPI distributor in the UK
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 […]
USA: Nestle partners with biotechnology provider Cellular Dynamics International
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 […]