GHD profits soar ahead of Coty merger
Electrical hair styling brand GHD has reported a pre-tax profit of £2.3m for the year to June 30 2016, double its pre-tax results of the previous year. The company also reported revenues of £178.2m, an increase from £167.4m. End of year assets were recorded at...
Shoe brand Birkenstock launches into natural cosmetics market
Birkenstock, famous for its successful shoe empire, has launched its first venture into the cosmetics market with the announcement of the new skin care line Birkenstock Natural Care. The company is well known for its popular sandals range, and is now branching into...
Lush: looking to global expansion in response to government ‘lack of clarity’ over Brexit
British naturals brand Lush Cosmetics has made clear its intention to focus on an expansion overseas as a direct result of the Brexit vote and the British government’s handling of the situation. The company blamed the government in a statement over the ‘lack of...
L’Oréal confirms completion of microbead reformulation
French beauty powerhouse L’Oréal has confirmed it has completed the reformulation of its wash off products to remove plastic microbeads as cleansing or exfoliating agents. The move draws on the company’s commitment to sustainable production, with a statement reading,...
Chanel unveils results of microfluidics research in new launch Hydra Beauty Micro Crème
Chanel has unveiled the latest fruits of its research into microfluidics with the launch of a new skin care treatment, the first to contain camellia micro-droplets. The French fashion house partnered with start-up Capsum to meet new technological challenges in the...
Henkel boosts hair care portfolio with Nattura Laboratorios acquisition
Henkel has acquired Mexican hair care brand Nattura Laboratorios, based in Mexico with associated companies in the USA, Colombia and Spain. The purchase will boost Henkel’s position in the professional hair care market while also expanding its reach in Mexico and the...
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