Cosmetics
Procter & Gamble has seen its sales go up, but profit go down slightly in the first quarter of its broken financial year. The FMCG giant again warns of rising raw materials prices.
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Henkel, L'Oréal, LVMH, Natura &Co and Unilever are joining forces to develop an industry-wide environmental impact scoring system for beauty products, similar to the Eco-Score.
Colruyt Group is going to equip its new Newpharma distribution centre in Liège with high-tech robotics applications. In doing so, the group unites the specialisations of two other subsidiaries.
A year after introducing its new store concept in the country, The Body Shop is now also expanding its online store to Belgium.
The Hut Group, which brings cosmetics and wellness brands online, will take over the British cosmetics webshop Cult Beauty for 275 million pounds (320 million euros). As a result, The Hut is not only gaining many brands but also global retail reach.
Cosmetics giant L'Oréal managed to increase its market share in all divisions and all regions in the first half of 2021. The company has therefore expressed great confidence about the future.
Colruyt Group acquires the shares of the minority shareholders in Newpharma. In doing so, the family of the same name acquires full control over the web pharmacy.
At most, the Covid pandemic has slowed down the growth of Rituals, according to the annual report of the Dutch cosmetics chain. The net profit was even higher than a year ago.
French perfume and cosmetics chain Sephora, part of luxury group LVMH, is entering a partnership with online fashion platform Zalando. The collaboration will make thousands of products from more than 300 exclusive brands available on the German platform.
British cosmetics chain The Body Shop aims to have all its products certified by The Vegan Society by the end of 2023. Today, around 60 % of the retailer's products are already vegan.
Groupe J. Bogart, the owner of Planet Parfum and Di! in Belgium, wants to strengthen its position in France by acquiring 41 Nocibé stores.
The Belgian Stefan De Loecker steps down as CEO of Nivea's parent company Beiersdorf. The North American CEO Vincent Warnery will replace him. Meanwhile, the cosmetics giant announced solid quarterly results.
Swiss food giant Nestlé is in talks to acquire American vitamin producer The Bountiful Company, rival Unilever does the same with supplement producer Onnit.
Dutch chain Kruidvat has developed a new store concept in three variants, which it will now roll out in Belgium as well. The chain sees plenty of chances for both offline and online expansion in Belgium.
FMCG producers can barely keep up with the demand. After another quarter of growth, which was better than expected, Procter & Gamble (P&G) is now raising its prices.
Dutch beauty brand Rituals has found itself in the eye of a PR storm. An activist Instagram account accuses the label of treating Asian cultures disrespectfully.
