Cosmetic industry

IFF Reports Third Quarter 2023 Results

Retrieved on: 
Monday, November 6, 2023
Cosmetics, Retail, Chemicals, Plastics, Manufacturing, Specialty, Food, Beverage, Science, Risk, Public expenditure, Health, Comparable, Tax Cuts and Jobs Act of 2017, EPS, COVID-19, European, Sale, Tax, GAAP, Acquisition, Webcast, LIBOR, Investment, Weather, Cosmetic industry, Intellectual property, United, Growth, Transport, London Interbank Bid Rate, Depreciation, Personal care, Climate change, NYSE, EBITDA, Absorption, Creativity, Accident, Pharmaceutical industry, Security (finance), Bookkeeping, Agriculture, Cryptocurrency, Risk management, Bank, Property insurance, Frutarom, IFF

IFF (NYSE: IFF) reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • IFF (NYSE: IFF) reported financial results for the third quarter ended September 30, 2023.
  • "In the third quarter we delivered both sales and profit ahead of our expectations," said IFF CEO Frank Clyburn.
  • A live webcast to discuss the Company’s third quarter 2023 financial results will be held on November 7, 2023, at 9:00 a.m.
  • 2 Comparable results for the third quarter exclude the impact of divestitures and acquisitions.

IFF Announces Clariant Has Agreed to Purchase IFF’s Cosmetic Ingredients Business Unit

Retrieved on: 
Monday, October 30, 2023
Other Retail, Other Manufacturing, Chemicals, Plastics, Fashion, Cosmetics, Manufacturing, Retail, Department Stores, Slate, Science, Registered trademark symbol, Sale, NYSE, Tax, Health, Food, Cosmetic industry, IBR, Research, Creativity, All rights reserved, Odor, Skadden, Arps, Slate, Meagher & Flom, Morgan Stanley, Growth, LLP, International Flavors & Fragrances, Drug Quality and Security Act, Perfume, Clariant, IFF

IFF (NYSE: IFF) today announced that Clariant—a sustainably focused specialty chemical company—has agreed to purchase IFF’s Cosmetic Ingredients business unit for $810 million.

Key Points: 
  • IFF (NYSE: IFF) today announced that Clariant—a sustainably focused specialty chemical company—has agreed to purchase IFF’s Cosmetic Ingredients business unit for $810 million.
  • Reporting through IFF’s Scent division, IFF’s Cosmetic Ingredients business unit develops, manufactures and markets innovative ingredients for the cosmetic and personal care industry, including active ingredients, functional ingredients and delivery systems, primarily through the Lucas Meyer Cosmetics brand.
  • “Aligned with our best-owner mindset, the proposed sale of our Cosmetic Ingredients business to Clariant will allow us to focus on our core businesses, maximizing growth and returns.
  • We are convinced that Clariant is the best owner for the Cosmetic Ingredients business and with an ability to invest, will offer the business and our colleagues a bright future.”
    IFF’s Cosmetic Ingredients business unit includes the Lucas Meyers Cosmetics and IBR brands and operates six research and development and/or production sites globally.

Beat the Holiday Hustle: RetailMeNot's Annual Holiday, Cash Back Day, Now Offering 72-hours Of Exclusive Deals and Cash Back From Over 1,000 Retailers

Retrieved on: 
Thursday, November 2, 2023
Cosmetic industry, Urban Outfitters, Adidas, Ray-Ban, Tarte Cosmetics, RetailMeNot, Ziff Davis, Nike, Dyson, Neiman Marcus, Vitamix, Retail, Expedia, Bose

This year, RetailMeNot has extended its annual event to a full three days of savings, bringing even more excitement and opportunity for deals than ever before.

Key Points: 
  • This year, RetailMeNot has extended its annual event to a full three days of savings, bringing even more excitement and opportunity for deals than ever before.
  • Today through November 4th at 11:59pm PT, shoppers can earn money back at hundreds of retailers.
  • RetailMeNot's fifth annual Cash Back Day offers shoppers up to 30% cash back at thousands of leading retailers including Adidas, Neiman Marcus, Ray-Ban, Fenty Beauty, Dyson, Elf Cosmetics, Ninja Kitchen, Tarte Cosmetics, Expedia, and more.
  • This has propelled brands to roll out their holiday promotions earlier than ever," observes Kristin McGrath, Shopping Expert at RetailMeNot.

e.l.f. Cosmetics and Latin Music Sensation Manuel Turizo Celebrate Every Ojo, Labio and Cara with the release of Manuel Turizo’s New Single & Music Video

Retrieved on: 
Thursday, October 26, 2023
Music, Fund Raising, Hispanic, Foundation, Philanthropy, Licensing (Entertainment), Celebrity, Social Media, Consumer, Entertainment, Online, Influencer, Generation Z, Cosmetics, Communications, Retail, Teens, Lip, Gen, Beauty, Ethics, Housing, Manuel, Heart, History, Human, Latin Airplay, Face, 2007 Latin Billboard Music Awards, Empowerment, Labios Compartidos, Creativity, Multimedia, Quality of life, Manuel Turizo, E.l.f. (cosmetics), Magic, Love, Eye, Platinum, HERE, Pachuca, Woman, Cosmetic industry, Latinx, TikTok

Manuel Turizo, one of the brightest stars in Latin music, is partnering with e.l.f.

Key Points: 
  • Manuel Turizo, one of the brightest stars in Latin music, is partnering with e.l.f.
  • View the full release here: https://www.businesswire.com/news/home/20231026177257/en/
    “At e.l.f., we celebrate every ojo, labio y cara,” says Kory Marchisotto, Chief Marketing Officer at e.l.f.
  • To create the makeup looks seen in the music video, fans can shop e.l.f.’s limited edition ojos.
  • Follow along on e.l.f.’s and Manuel Turizo’s social channels including: Instagram , TikTok , Threads, X and YouTube.

EQS-News: Symrise AG: Symrise confirms profitable growth course

Retrieved on: 
Thursday, October 26, 2023
Asia-Pacific Regional Conference on Service-Learning, Pet food, Aladdin (food & beverage containers), Food, Natural, Cosmetic industry, EBITDA, Oral hygiene, Acquisition, Odor, Environment, Growth, Symrise, Nutrition, Taste, Drink, Menthol, Fine chemical, Drug, Aroma compound

Symrise reaffirms long-term profitable corporate development; growth targets extended until 2028

Key Points: 
  • Symrise reaffirms long-term profitable corporate development; growth targets extended until 2028
    Symrise continued on its profitable growth course in the first nine months of the year and achieved organic sales growth of 7.4 %.
  • In light of the robust organic growth, Symrise has confirmed its growth and profitability targets, and at the same time extended its long-term growth objectives until 2028.
  • The Oral Care business unit achieved single-digit percentage organic growth with strong growth especially in the Asia/Pacific and Latin America regions.
  • Based on the positive business development in the first nine months, Symrise confirms its growth and profitability targets for the full year 2023.

Perfect Corp. and Walmart to Offer Innovative AR-Powered Makeup Virtual Try-On Experience to Customers

Retrieved on: 
Wednesday, October 11, 2023
Fashion, Cosmetics, Retail, Apps, Applications, Technology, Department Stores, Neutrogena, Deep learning, Multimedia, Maybelline, AI, Corp, Lip, CoverGirl, Artificial intelligence, NYX Professional Makeup, IOS, Environment, Walmart, AR, Try (Colbie Caillat song), NYX, Augmented reality, Cosmetic industry, Online shopping, Rimmel, Beauty

Perfect Corp. , the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion technology solutions provider, today announced a collaboration with Walmart to launch an innovative makeup virtual try-on experience via the Walmart iOS app.

Key Points: 
  • Perfect Corp. , the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion technology solutions provider, today announced a collaboration with Walmart to launch an innovative makeup virtual try-on experience via the Walmart iOS app.
  • The experience will allow Walmart customers to virtually try-on makeup products across the blush, lip color, eye shadow, and bronzer categories and discover their perfect shade.
  • As AI/AR technologies become more integral to deliver personalized and sustainable shopping experiences to customers in 2023, the virtual try-on experience is set to enhance the Walmart shopping journey, empowering customers to try-on multiple makeup shades in seconds through a hyper-realistic AR view.
  • That’s why I’m so excited that Walmart is launching Beauty Virtual Try-On, to offer customers a more engaging and convenient try-on experience on the Walmart app,” remarked Creighton Kiper, Vice President of Beauty at Walmart U.S.
    Walmart’s virtual try-on experience features Perfect Corp.’s award-winning Face AI solution, which is powered by advanced AI deep learning technology to create hyper-realistic AR-powered makeup filters for customers to try-on digitally.

e.l.f. Cosmetics and Jennifer Coolidge Partner – Again! – for Limited-Edition “Dirty Pillows” Lip Collection and Campaign, Launching September 26th

Retrieved on: 
Tuesday, September 26, 2023
LGBTQ+, Online Retail, Licensing (Entertainment), Entertainment, Celebrity, Cosmetics, Millennials, Retail, Generation Z, Consumer, Teens, E.l.f. (cosmetics), Beauty, Multimedia, Collection, Tune, Cosmetic industry

Cosmetics, the #1 Gen Z Favorite Makeup Brand*, to launch Dirty Pillows, a limited-edition lip collection and campaign debuting September 26th, and available for purchase September 27th on elfcosmetics.com .

Key Points: 
  • Cosmetics, the #1 Gen Z Favorite Makeup Brand*, to launch Dirty Pillows, a limited-edition lip collection and campaign debuting September 26th, and available for purchase September 27th on elfcosmetics.com .
  • x Jennifer Coolidge launch the limited-edition “Dirty Pillows” lip collection and campaign (Photo: Business Wire)
    Inspired by an outtake from e.l.f.’s and Jennifer Coolidge’s Big Game commercial shoot when Jennifer was asked what would name her own lipstick if ever given the chance.
  • “With the launch of Dirty Pillows, we're redefining what it means to be a mass cosmetics brand,” said Kory Marchisotto, Chief Marketing Officer, e.l.f.
  • x Jennifer Coolidge Dirty Pillows Lip Kit, you can have the exact shades I use every day to give you swollen lips too.

Box Reports Fiscal Second Quarter 2024 Financial Results

Retrieved on: 
Tuesday, August 29, 2023
Networks, Internet, Data Management, Technology, Software, Cloud, Metadata, Reserve Bank of New Zealand, Eurostar International Limited, Microsoft, GAAP, Regions Financial Corporation, Sony Music, PHI, Policy, News, NYSE, NetSuite, Boxwork, Fire protection, Certification, Organization, TEAMS, Growth, Security (finance), United States Department of Energy, Disclosure, ID, FX, CFO, California Department of Forestry and Fire Protection, Regulation, Square, Regulation Fair Disclosure, Microsoft Office, Forestry, HDS, Cosmetic industry, EPS, AI, Video game, Cryptocurrency, Tobacco, Holding company, Bank, Nightclub, Fine chemical, Risk management, Block, Box, Salesforce

Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced preliminary financial results for the second quarter of fiscal year 2024, which ended July 31, 2023.

Key Points: 
  • Box, Inc. (NYSE:BOX), the leading Content Cloud, today announced preliminary financial results for the second quarter of fiscal year 2024, which ended July 31, 2023.
  • Billings for the second quarter of fiscal year 2024 were $232.5 million, a 1% decrease from billings for the second quarter of fiscal year 2023 of $235.0 million, or 1% growth on a constant currency basis.
  • Net cash provided by operating activities in the second quarter of fiscal year 2024 was $32.7 million, a 15% increase from net cash provided by operating activities of $28.3 million in the second quarter of fiscal year 2023.
  • Non-GAAP free cash flow in the second quarter of fiscal year 2024 was $20.6 million, a 15% increase from non-GAAP free cash flow of $18.0 million in the second quarter of fiscal year 2023.

AI Integrated Virtual Try-On: Customer-Centric Solution Reshaping Retail

Retrieved on: 
Tuesday, August 29, 2023
Lighting, Metal, Cosmetic industry, Intetics, Disability, Clothing, Mercier, Cosmetics, Baume et Mercier, Sephora, Movement, Ray-Ban, Near-sightedness, Jewellery, Climate, Nike, AI, Salesforce, AR, Social media, Online shopping, Industrial design, Wacoal

NAPLES, Fla., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Intetics , a leading American technology company, introduces AI integrated virtual try-on solution to enhance online shopping engagement and boost sales for enterprises in retail.

Key Points: 
  • NAPLES, Fla., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Intetics , a leading American technology company, introduces AI integrated virtual try-on solution to enhance online shopping engagement and boost sales for enterprises in retail.
  • With this insight in mind, Intetics has developed an enterprise-ready, affordable, and sophisticated Virtual Try-On Solution to bridge the gap between the convenience of online shopping and the tangible engagement of offline retail.
  • Intetics' Virtual Try-On Solution harnesses augmented reality and advanced imaging technologies to offer customers a lifelike representation of how products will look and fit on their bodies or faces.
  • The full potential of AI integrated virtual try-on is outlined at the link .

EQS-News: Symrise AG: Symrise continues growth course in the first half of 2023

Retrieved on: 
Wednesday, August 2, 2023
News, Cosmetic industry, Biotechnology, Nutrition, Oral hygiene, Asia Pacific Transport Consortium, Aladdin (food & beverage containers), Food, Symrise, Natural, Tax, Nutrition and Health, Sunner, Sale, EBITDA, Acquisition, Risk, Pet food, Depreciation, Growth, Menthol, Taste, Micro, Odor, Security (finance), Fine chemical, Bookkeeping, Dimethyl dicarbonate, Aroma compound

Symrise continued its growth course in the first half of 2023 and achieved a sales increase of 6.8 % to € 2,414 million (H1 2022: € 2,260 million).

Key Points: 
  • Symrise continued its growth course in the first half of 2023 and achieved a sales increase of 6.8 % to € 2,414 million (H1 2022: € 2,260 million).
  • Dr. Heinz-Jürgen Bertram, Chief Executive Officer of Symrise AG: “Symrise has a proven and stable business model with comparatively low risk content.
  • These measures reflect our ambition to enhance our competitiveness in a sustainable way.”
    The Symrise Group achieved organic sales growth of 8.0 % in the first half of 2023.
  • Taste, Nutrition & Health achieved organic sales growth of 11.4 % in the first half of 2023.