International Magazine for Cosmetics and Fragrances
Evolva has reached the second technical milestone under the multi-year R&D alliance with Takasago. This achievement brings the project closer to the launch of the target ingredients and prompts a total milestone payment of USD 1 million to Evolva as well as the continuation of the collaboration into the next phases. The aim of the … Read more
Goodman Group, a global owner, developer and manager of logistics real estate, is developing a new 12,700 sqm logistics centre in Altenwerder Freight Village in the Port of Hamburg. The facility is divided into two units, from which Goodman is constructing 7,100 sqm for Symrise, a supplier of fragrances and flavours. The property will be … Read more
Bogart Group, which specializes in the creation, manufacture and commercialization of luxury fragrances and cosmetics, has announced its acquisition of 100% of German fragrance and cosmetics chain, HC Parfümerie Group. Founded 40 years ago by the Warschau family, today HC Parfümerie Group is a German retailer with a network of 80 boutiques and 7 franchise … Read more
The market for the sale of prestige beauty products reported impressive growth post-Brexit, according to the NPD Group Inc., a global information company. Sales of prestige beauty products grew twice as fast, at 6% in the three months following the UK referendum to leave the European Union (July to September 2016) compared to just 3% … Read more
CPL Aromas has appointed Eigenmann & Veronelli as its exclusive distributor for fragrances in the Italian market. In order to further facilitate this growth CPL Aromas has appointed Dr. Luca Ilorini as its fragrance sales specialist for Italy to be based at the Eigenmann & Veronelli offices in Milan. As a graduate of Pavia University … Read more
International Flavors & Fragrances (IFF) has entered into an agreement to acquire Fragrance Resources. Founded in 1987, Fragrance Resources is a privately-held, family-owned fragrance company. For almost 30 years, it has distinguished itself with exceptional creative talent and quality service to faster-growing regional customers. The company has facilities in Germany, North America, France, and China. … Read more
The Perfumes & Cosmetics business group recorded organic revenue growth of 8% for the first nine months of 2016, outperforming the market. Parfums Christian Dior continued its strong performance, gaining market share in all countries. The continued momentum of its fragrances, the great success of Sauvage and its latest innovations in the makeup segment were … Read more
For the first nine months of 2016 Givaudan’s Fragrance Division sales amounted to CHF 1,699 million, an increase of 7.5% on a like-for-like basis and an increase of 8.7% in Swiss francs. Including Induchem, the growth was 8.6% in local currency. The sales of Induchem, which was acquired on 31 August 2015, amounted to CHF … Read more
Givaudan has inaugurated a new processing plant for clove leaf oil in Madagascar. Natema (Natural Extracts Madagascar) is a joint venture between Givaudan and Henri Fraise Fils et Cie, its longstanding partner in Madagascar. “Givaudan inaugurates the Natema plant in Madagascar as part of our commitment to establish direct sourcing models in countries of origin,” … Read more
SGD Perfumery, global manufacturer of glass bottles for the perfumery and cosmetics’ industries, is changing its name to Verescence. Now independent, the company is solely focused on the perfumery and cosmetics. The new name with its French and prestigious sound reflects the company’s origins. The name combines the glass skills [Ver] and the [escent] suffix, … Read more
Scent & Care increased its sales by 22 % (local currency: 27 %) to € 667.8 million (H1 2015: € 546.5 million). The segment benefited in particular from high capacity utilization in its fragrance and cosmetic ingredients activities and from strong demand for menthol. Portfolio effects, such as the integration of Pinova, contributed € 110.5 … Read more
Givaudan’s Fragrance Division sales were CHF 1,132 million, an increase of 9.7% on a like-for-like basis and an increase of 10.7% in Swiss francs. Including Induchem, the growth was 11.0% in local currency. The sales of Induchem, which was acquired on 31 August 2015, amounted to CHF 13 million for the first half of 2016. … Read more
International Flavors & Fragrances and Unilever announced a new partnership with non-governmental organizations to enhance the livelihoods of smallholder vetiver farmers in Haiti. The partnership, Vetiver Together, aims to sustainably improve food security, increase yields, and diversify income, while working to support women’s empowerment and environmental conservation. Vetiver oil is a common ingredient in many … Read more
L’Oréal has signed an agreement to acquire Atelier Cologne. Launched in 2009 by Sylvie Ganter and Christophe Cervasel, Atelier Cologne specialised in niche perfumery sold in selected retailers, will join L’Oréal’s prestigious brand portfolio. "Alternative perfumery is currently a high-growth segment. We are delighted to welcome the perfume House Atelier Cologne within L’Oréal Luxe. Thanks … Read more
Shiseido Group announced that Beauté Prestige International S.A. (BPI), which is in charge of the fragrance business of Shiseido Group EMEA (Europe, Middle East and Africa), has signed an exclusive global license agreement with Dolce & Gabbana, the owner of the Italian luxury fashion brand, regarding the development, manufacturing and distribution of its fragrance, makeup … Read more
The U.S. home fragrances market registers the strongest growth since 2010, growing by over 3% in 2015. Accounting for over 50% of total market sales, the luxury segment registers an even stronger 5% increase, according to the just-published Home Fragrances: U.S. Market Analysis and Opportunities report by global market research and management consulting firm Kline. … Read more
The 2016 edition of the biennial World Perfumery Congress (WPC), presented by the American Society of Perfumers and produced by Perfumer & Flavorist (P&F) magazine, attracted a record number of visitors and perfumers from June 13 to 15. More than 1,100 unique attendees, including 193 perfumers, travelled to Miami to learn about the latest trends … Read more
This year the biennial World Perfumery Congress (WPC) takes place in Miami Beach in Florida from June 13 to 15, 2016. The well-performing fragrance sector posted value growth of three percent in the US in 2015, up from one percent the previous year, according to Euromonitor International. Consumers have increased their spend on fragrances, while … Read more
Elizabeth Arden, a global prestige beauty products company, has acquired the global license and certain related assets for the Christina Aguilera fragrance business from Procter & Gamble. Recording artist Christina Aguilera introduced her first fragrance in 2007. Today her fragrances command a global reach and have seven brands. In addition to being the No. 1 … Read more
The Scent & Care segment achieved sales of € 1,073.7 million in 2015 (2014: € 980.4 million). This represents an increase of 10 % (4 % at local currency). All business divisions contributed to growth, in particular Aroma Molecules and Cosmetic Ingredients. Symrise benefited above all from strong demand for menthol and cosmetic active ingredients. … Read more