Eurofragrance has appointed Juan Ramón López Gil as its new CFO. He will oversee the company's global finance activities and contribute his experience in potential processes to acquire or take over companies.
Swiss fragrance and flavour maker Givaudan maintained its 2020 financial targets after third-quarter sales rose 5.7 percent to 1.27 billion Swiss francs ($1.3 billion). Sales rose 7.7 percent measured in Swiss francs.
A social media outcry over an advertisement for Dove body wash which showed a black woman removing her top to reveal a white woman has escalated into a public relations disaster for the Unilever brand.
L‘Oreal said on Thursday it would appeal a 2.6 million euro ($3 million) fine imposed by Greece’s competition authority, which ruled that the French cosmetics company and several of its rivals were fixing prices.
The mass retailer is following in the steps of other chains such as Sephora in making natural beauty products an important part of its business. The company has also pledged to reduce its chemical footprint.