Business & Financial
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Retail Giant Macy's Downsizes Workforce, Shuts Stores Amid Online Shift
A holiday spending surge failed to stem job losses at Macy's.01.19.24
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Max Solutions Acquires Bellwyck Packaging
Bellwyck is an ideal fit for Max Solutions’ key end markets.01.10.24
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Cosmetics
Innovative Beauty Group Acquires Roberts Beauty
Roberts Beauty is anticipated to be a strong growth platform for IBG on the West Coast.01.09.24
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Cosmetics
L’Occitane Group Announces Leadership Transition
Acting CEO André J. Hoffmann will step down and be succeeded by Laurent Marteau.01.08.24
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Fragrances
L’Occitane Group Acquires Italian Luxury Fragrance Brand Dr. Vranjes Firenze
Complements its portfolio of premium beauty and fragrance brands.01.04.24
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Skin Care/Sun Care
Shiseido Acquires Dr. Dennis Gross Skincare
Adds dermatologist-led prestige skincare brand to Shiseido’s global portfolio.01.02.24
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Hair Care
Unilever Acquires Biotech Haircare Brand K18
Complements its fast-growing portfolio of premium, culturally-relevant consumer brands.12.22.23
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Personal Care
L Catterton Invests in Chinese Personal Care Children’s Brand
Hi!Papa targets children 3-12 years old.12.20.23
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Personal Care
Unilever Agrees to Sell Elida Beauty to Yellow Wood Partners
Elida Beauty comprises more than 20 beauty and personal care brands including Q-Tips, Caress, Timotei and Tigi.12.18.23
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Cosmetics
Investors Make $5.8B Offer to Take Macy’s Private
The offer values Macy’s at about $21 a share.12.12.23
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Cosmetics
Class Action Lawsuit Filed Against The Estée Lauder Companies on Behalf of Investors
The complaint alleges that ELC misled investors with unrealistic and materially false statements about market demand and inventory levels.12.11.23
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Cosmetics
Shiseido Forms New Venture Fund
LIFT Ventures will be a vehicle for investing in innovative early-stage companies within the beauty wellness space.12.08.23
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Personal Care
P&G to Incur $2.5 Billion Charge Over Next Two Years
Blames restructuring and impairment charges associated with its Gillette business.12.07.23
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Cosmetics | Skin Care/Sun Care
Shiseido Establishes University in Ginza, Tokyo
The new talent development facility will nurture the next generation of Shiseido leaders.12.06.23
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Skin Care/Sun Care
L’Oréal Acquires Probiotic & Microbiome Research Company
Builds on 20 years of advanced research by L’Oréal into the microbiome scientific territory.12.05.23
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Wella Company Marks 3 Years of Success—& Aims to Expand
Marking its 3rd year of independence, Wella Company achieved high single-digit growth this year—& aims to invest in hair care, nail care, and beauty tech.11.30.23
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Cosmetics | Skin Care/Sun Care
Avon Names Kristof Neirynck as Chief Executive Officer
Angela Cretu, who served the company for 25 years, will continue to support and contribute to the Avon business as an advisor.11.30.23
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Cosmetics
Berlin Packaging Acquires Nest-Filler PKG
Expands into Asia-Pacific and strengthens its beauty and cosmetic packaging offering.11.29.23
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Fragrances | Sample/Travel Sizes
Arcade Beauty Acquires TruEssence Scented Strips Business from Orlandi
The transaction includes the acquisition of laboratory and slurry production equipment and the related intellectual property of TruEssence.11.29.23
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Bath/Body | Skin Care/Sun Care
L’Occitane H1 Sales Up 19%, Driven by Sol de Janeiro and Elemis
Net sales amounted to $1,173.3 million in the first half of fiscal 2024.11.28.23
