Reckitt Benckiser: recent cyber attack could hit revenue permanently
Having suffered a malware cyber attack last month, Reckitt Benckiser has indicated that it expects like-for-like revenue growth to be adversely affected to the tune of 2 percent in the second quarter of fiscal 2017, according to a report published by the BBC, and has...
L’Oréal Paris GM: Achieving make-up diversity has been a ‘big battle’
The UK General Manager for L’Oréal Paris, Adrien Koskas, has revealed that expanding its range to cater for a wider array of skin tones has been ‘a big battle’. In an interview with Campaign, Koskas said that, in advance of the launch of True Match foundation, the...
Ashland to acquire Reichhold manufacturing facility in France
Ashland has made a binding offer for a composites resin manufacturing facility in France owned by Reichhold Holdings International. The deal is expected to complete by the end of June. The facility, which manufactures unsaturated polyester resins, employs around 50...
UK Parliament to debate North East Coty factory closure
Following a successful application by local MP Ronnie Campbell, the UK Parliament has scheduled an adjournment debate to discuss the future of Coty’s Seaton Delaval plant in the North East of England, according to a report published by Chronicle Live. Coty announced...
Lush: looking to global expansion in response to government ‘lack of clarity’ over Brexit
British naturals brand Lush Cosmetics has made clear its intention to focus on an expansion overseas as a direct result of the Brexit vote and the British government’s handling of the situation. The company blamed the government in a statement over the ‘lack of...
250 jobs lost as Coty closes Irish Max Factor factory
Some 250 employees are set to lose their jobs as Coty moves production of Max Factor cosmetics from Ireland to England, according to a report published by The Irish Times. Production was shut down on Monday, with staff called to a meeting where the US beauty giant was...
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