The maker of Nivea and other skincare products gave a cautious outlook for 2018 on Thursday, forecasting sales growth of around 4 percent and its operating profit margin to stay at a similar level to last year.
L‘Oreal, the world’s biggest cosmetics company, beat third quarter sales expectations on Thursday thanks to surging demand from Chinese consumers and strong appetite for Lancome and its other luxury brands.
India's multibillion-dollar skin lightening industry has come under fire after a popular Bollywood actor lashed out at India's obsession with fair skin and highlighted a persistent bias against darker faces.
Nivea is in the hot seat after failing to see the grave error in the German skincare giant's new "White is Purity" deodorant ad. The campaign sparked public outrage and attracted attention from white supremacist groups.
The Johnson & Johnson-owned beauty and personal care label is entering the U.S. market, buoyed by its French brand identity and off to a brisk start with shelf space in Target and Ulta, plus a Walmart launch in March.
Beiersdorf, the maker of Nivea cream and Tesa adhesives, raised its guidance for 2016 earnings on Thursday on strong third-quarter sales at its consumer business, turning around a disappointing first half of the year.
Innovation is at the heart of the leading cosmetics groups' strategy. This is why Beiersdorf has forged closer links with Innoget, the innovation marketplace linking companies with the scientific community.