International Magazine for Cosmetics and Fragrances
With slightly better-than-expected year-end performances, particularly for Rochas and Jimmy Choo fragrances, 2015 fourth-quarter sales rose 8% at current exchange rates to €81m. Therefore, for the full-year sales reached €327.4m, up 10% at current exchange rates and 2% at constant exchange rates compared to 2014, reflecting a strong rise in the value of the US … Read more
International Flavors & Fragrances, launched a new branding initiative based on the company’s 126-year legacy and ongoing commitment to discovery and pioneering firsts. As part of the corporate rebrand, the company unveiled a new website, purpose statement, visual identity and refreshed tone of voice, all of which will help to spotlight its vision, imagination and … Read more
Acquisition adds renewable ingredients to strengthen perfume creation capabilities
Sales in the Scent & Care segment in the first nine months rose by 10 % to € 812.3 million (9M 2014: € 736.8 million). The main growth drivers were the aroma molecules and cosmetic ingredients business. At local currency, sales increased by 4 %. Scent & Care increased its EBITDA compared to the prior-year-period … Read more
International Flavors & Fragrances, a g global creator of flavours, fragrances and cosmetic actives for consumer products, announced that its membership application for Together for Sustainability (TfS) has been finalized and accepted. IFF is the first flavours and fragrances company to join TfS and enters into a growing consortium of multi-national companies committed to ensuring … Read more
Givaudan has inaugurated its new active cosmetic ingredients fermentation line in Pomacle, France. The CHF 11 million investment in the extension of the production capacity is Givaudan’s most important infrastructure investment in active cosmetic ingredients (ACI) to date. This investment is aligned with Givaudan’s 2020 ambition to become a significant player in the ACI space. … Read more
Inter Parfums’ majority owned Paris-based subsidiary, Interparfums SA, has extended its license agreement with Montblanc by five years. The original agreement, signed in 2010, provided InterparfumsSA with the exclusive worldwide license to create, produce and distribute perfumes and ancillary products under the Montblanc brand through December 31, 2020. The new 10-year agreement, which goes into … Read more
Givaudan has inaugurated its new high tech fermentation production line in Pomacle, France. The CHF 10 million investment in the extension of the production capacity represents Givaudan’s most important infrastructure investment in active cosmetic ingredients (ACI) to date. This investment is another step in the Givaudan’s 2020 ambition to become a significant player in the … Read more
Givaudan has acquired 100% of the shares of Induchem Holding AG and its subsidiaries. Induchem’s portfolio of products is based on a wide range of functional active ingredients with proven efficacy results, as well as research expertise in fields such as biocatalysis, metagenomics, and biochemical synthesis. Induchem primarily operates from Volketswil, Switzerland, Toulouse, France and … Read more
Currency neutral sales improved 4% led by double-digit growth in EAME and mid-single-digit improvement in Latin America. Fine Fragrances increased 2% led by double-digit performance in EAME. This strong growth more than offset softness in Latin America, where economic conditions, particularly in Brazil, have impacted discretionary spending. Consumer Fragrances grew 6% led by double-digit growth … Read more
Drom fragrances, one of the world’s top ten international fragrance houses, presented at Cosmoprof Las Vegas for the first time an interactive booth themed Memory Shots based on the link between scents and memories. The company’s booth featured 10 exclusive fragrances created by their own top perfumers. Each fragrance was inspired by a certain memory … Read more
Coty will merge Procter & Gamble’s fine fragrance, color cosmetics, and hair color businesses into Coty through a tax-free Reverse Morris Trust transaction. The transaction is based on a proposal by Coty valuing the P&G Beauty Business at approximately $12.5 billion at the time the proposal was made. Following the transaction, P&G shareholders will own … Read more
Eurofragance celebrated its 25th anniversary with an event attended by more than 300 guests. Santiago Sabatés, CEO and founder of the fragrance company, highlighted the capacity for growth of a company whose turnover has reached €53.7 million, has more than 210 employees and sells to 60 countries on five continents. Santiago Sabatés, who founded the … Read more
International Flavors & Fragrances, a global creator of flavours and fragrances for consumer products, has made a binding offer for the acquisition of Lucas Meyer Cosmetics, a business of Unipex Group. The transaction is structured as a binding offer in order to allow the seller to consult with its French works council prior to entering … Read more
Founded by Marcel Roches in 1925,the brand Rochas began as a fashion house and expanded into perfumery in the 50s under Helene Roches’ direction.The Roches brand achieved net sales of US$46 million in the financial year 2013/2014, driven mainly by the Eau de Rochas fragrance line. Rochas brand sales include US$2 million of royalties generated … Read more
Puig has acquired Penhaligon’s and L’Artisan Parfumeur from Fox Paine & Company. Terms of the deal were not disclosed. The acquisition took effect as of January 23, 2015. Penhaligon’s London, established in 1870, is a prestigious British fragrance houses. The brand with a deep heritage holds two Royal Warrants, a symbol of excellence and quality. … Read more
Fragrance Division sales were CHF 2,108 million, an increase of 3.6% on a like-for-like basis and 1.2% in Swiss francs. The sales of Soliance were CHF 14 million, following the acquisition on the 2nd June 2014. Total sales for Fragrance compounds (Fine Fragrances and Consumer Products combined) increased by 3.2% on a like-for-like basis. In … Read more
CPL Aromas has relocated to a new facility in Scotch Plains NJ where it maintains a sales and marketing facility since January 2015. The new facility will become the home of CPL USA and will spearhead the sales and marketing effort for CPL in North America. The sales team in the US will be led … Read more
Abercrombie & Fitch and Inter Parfums have entered into a seven-year exclusive worldwide fragrance license agreement. Under the agreement, Inter Parfums will create, produce and distribute new perfumes and fragrance-related products, including new men’s and women’s scents planned for both Abercrombie & Fitch and Hollister for 2016. Inter Parfums will distribute these fragrances internationally in … Read more
The Armand Basi Wild Forest fragrance pack developed by Technotraf Wood Packaging has won a 2015 WorldStar award in the Health & Beauty category. Representatives from 17 packaging associations, members of WPO (World Packaging Organisation), judged 264 packaging projects, from 37 countries, that entered the WorldStar Awards 2015. The judging session took place on 19 … Read more