Avon Files Bankruptcy Under Weight of Talc Cancer Lawsuits
Avon filed for bankruptcy amid talc lawsuits, racking up debts of more than $1 billion. Brazil's Natura & Co has offered to buy the company and write off $530 million in debt
L'Oréal acquires 10% of Galderma, a Swiss skin care company
L'Oréal has acquired 10% of Galderma for approximately 1,71 billion euros in a strategic operation that also includes a new scientific partnership. This step marks the return of L'Oréal to the company and opens up new opportunities for innovation in the sector…
Intesa Sanpaolo and Prometeia, the drop in prices hits the turnover of companies: here's who's slipping and who's leading the way
The report drawn up by Intesa Sanpaolo and Prometeia on the analysis of industrial sectors: cosmetics grows thanks to exports, while the fashion system and durable goods suffer. Pharmaceuticals and food remain more stable thanks to exports
Investing in beauty, analysis of the cosmetics sector
The cosmetics sector, with a global market value exceeding $500 billion, represents an important component of the world economy. Knowing the impact of cosmetic companies on financial markets is a good starting point for identifying opportunities…
No tricks, cosmetics is worth 7 billion: exports at +20,2%
The sector's exports are concentrated in 10 key markets which absorb 63% of the total. But it is not only the historical markets that confirm the global appeal of the Bel Paese: in 2023 Poland established itself among the outlet markets...
At the L Catterton fund the majority of Kiko cosmetics
The L Catterton fund, specialized in investments in the consumer sector, has acquired the majority of Kiko Milano, a cosmetics group with over 800 million euros in revenues. The terms of the operation are top secret
Estée Lauder cuts up to 5% of its workforce and the stock soars on Wall Street
Drastic cost cuts in Estee Lauder's restructuring plan which sends the stock market soaring with a jump of over 12%
Foreign direct investments and cosmetics: the USA is the safe haven for exports
In 2022, Italian FDI flows to the USA increased by 69%, reaching 5,4 billion. And overseas, Italian cosmetics is worth over 716 million (+40%)
Estée Lauder at the crossroads between restyling and sale. And at the door is LVMH. Luxury says goodbye to “stellar growth”
Since the beginning of the year, Estée Lauder shares have lost almost 50% of their value and in November they again cut their growth forecasts. For HSBC, the Luxury sector will be subdued for another 5-6 months
Estée Lauder, accounts above expectations but disappointing guidance. And the title collapses on Wall Street
Estée Lauder Cos closes the quarter with mixed results: Sales are down 10%, but weaker forecasts come despite a fourth quarter that beat Wall Street forecasts
Alfa Parf completes the acquisition of Tricobiotos: the remaining 10% acquired
Attilio Brambilla, vice president of Alfa Parf, was chosen as president - Guillermo Bordachar, CFO of Alfa Parf, was chosen for the role
Exports and cosmetics restart and exceed pre-Covid levels
On an annual basis, Italian extra-EU exports grew by 20,3%, while cosmetics will close with a turnover of 14,2 billion, +7,7% on 2022 and +9% compared to 2019
From finance to industry: Paolo Basilico launches a new hi-tech cosmetics holding with Cagnin. Bioterra is born
It's called Bioterra, it will start in March with an initial capital of 100 million and aims to invest in the biotechnological evolution of cosmetics and nutraceuticals: this is the new industrial initiative launched by Paolo Basilico with his partner Giampaolo Cagnin
Learning disabilities, Alfaparf Milano obtains Dyslexia Friendly Company certification from AID
The recognition comes at the end of a process of reviewing the personnel selection and management processes carried out with the Italian Dyslexia Association
Percassi, a Christmas gift for employees: from the owner of Kiko Milano a thousand euro bonus to 6.500 workers
The 6500 employees of the group distributed in 19 countries, almost half in Italy, will find 1.000 euros under the tree. The cosmetics company could arrive at Piazza Affari next year.
Italian digital exports are on the rise: in 2022 sales will reach 5,4 billion. Good fashion, furniture, cosmetics and food
Exports on digital channels are increasing, but more can be done on several fronts. This is what emerges from the Netcomm conference entitled "Digital export, marketplace and the development of Italian companies"
Kiko: Pensinsula sells 40% to the Percassi family which rises to 100% of the cosmetics company
After the sale of an important stake in Atalanta Calcio, Percassi bought 40% of Kiko from Peninsula
Growing Cosmetics Italy: India is a 14,6 million euro market (+37,7%) for our industry
India is the sixth largest cosmetics consumption market in the world with a value of nearly 12 billion. Estimates for 2022 indicate a recovery in exports, compared to 2021
Snails are becoming more and more popular, and not only on the table, but production is not enough
An interesting sector with multiple outlets in the gastronomic, cosmetic and medical fields. Consumption has grown by 83% in 10 years. A turnover of 350 million euros but we have to import it
Nashi Argan opens to the Milano Capital fund to develop the foreign market
With a network of over 7000 points of sale for its Nashi and Nashi Argan brands, the Cremona-based company Landoll opens its doors to the Milano Capital equity fund
Ulivo Day: Christmas in the mills with Bread&Oil and healthy and cosmetic markets
The Movimento Turismo dell'Olio in Puglia, Tuscany and Umbria opens the oil mills with an offer of Bread & Oil to visitors, but also with Christmas markets to promote well-being but also the knowledge of all the benefits of oil in cosmetics
Intercos, the landing on the Euronext Milan price list from 2 November
The offer price was set at €12,50 per share and the company's capitalization at the start of trading date will be €1,19 billion
Collepardo the country of herbs between myths and legends
A historic village in the heart of the Ernici mountains, in the province of Frosinone, a destination for saints, enthusiasts and herbalists. In Collepardo known as "the country of herbs", for the wealth of spontaneous medicinal plants - over 1200 have been catalogued...
Wild radish: the hardy plant loved by Sardinians
Used in gastronomy, cosmetics and popular medicine for its diuretic, digestive and purifying properties. The leaves with a strong and spicy flavor are excellent for flavoring meat, soups, cheeses, beer, wine, liqueurs. It is found spontaneously in nature…
Wild garlic, loved by bears and rich in beneficial properties
From culinary preparations to therapeutic ones up to cosmetics: wild garlic is an aromatic plant loved by bears and which flowers in spring. It has a scent very similar to traditional garlic but with a more refined flavour, ideal for embellishing salads,…
L'Oréal, Asia is driving the recovery of the high range
The French cosmetics giant grows in the first quarter of 2021, thanks above all to the Luxury division, favored by the Chinese recovery
Hera, Rougj and Sarno together for sustainable cosmetics
The first circular economy pilot project in pharmacies by the Hera, Rougj and Sarno Group is underway - With the aim of making consumers aware of the great challenge of recycling and packaging
Cosmetics, an Italian industry that sparks
REPORT by INTESA SANPAOLO - The Italian cosmetics industry is very vital: it innovates, grows, makes profits and conquers foreign markets - Exports have increased by 30% - The results are not random but the result of targeted investments
Nestlè: big hit by Third Point, pressure on L'Oréal
Activist-investor Daniel Loeb surprisingly raised his stake in the food giant to 1,3%. And he has already made his demands on him: among other things, he is asking for the sale of the L'Oréal share package. Stocks soar in Zurich and…
EU, cosmetics: tightening on animal tests
The EU Court of Justice has established that in EU countries it is possible to prohibit the sale of cosmetics that contain products tested on animals outside the borders of the Union to allow their sale in non-EU countries.
Thailand, the most "rigged" country in Asia
According to data published by the Thai Cosmetic Manufacturers Association (Tcma), Thai cosmetics guarantee a turnover of 210 billion baht - of which 60% comes from the domestic market and the remainder from exports - and in…
Studio Italia – The perfection of Italian taste is always in vogue in Berlin
Germany confirms itself as the first admirer of Made in Italy products and for this reason the MSE and ICE, in collaboration with the German Karstadt department stores, have launched the promotional campaign entitled "Studio Italia - The perfection of taste" which…
L'Oréal closes 2011 exceeding 20 billion euros
The world leader in cosmetics closed last year with a growth of 4,3% compared to 2010, to 20,34 billion euros - The French group benefited in particular from demand from emerging countries, especially from Asia…
Cosmetics, record sales in South Korea
Cosmetics sales grew by 2011% (€9,6 billion) in 7,2 - This is the second largest year-on-year increase in cosmetics sales after 11,3% in 2009 - The growth is due to the greater…