All in all, the German C&T market had a successful year in 2014. According to figures by industry association IKW, the entire cosmetics and personal care market reached turnover of just over €13.01bn in 2014, an increase of 1.6%. With the exception of smaller categories like men’s aftershaves, depilatories and so on, all of the important product sectors registered solid increases last year.
Germany enjoys growth in key beauty categories
The German C&T sector goes from strength to strength, as Annemarie Kruse discovers
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Cosmetics Business picks: 11 new beauty launches to know this April
Read moreSkin care innovations from Lancôme and Paula’s Choice; collectible beauty accessories by Dr. PawPaw and Glow Hub; and fresh fragrances by Iggywoo, Dolce & Gabbana, and Orebella comprise this week’s biggest launches
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Sustainability
Garnier unveils Collective for the Planet programme to address ‘gap’ in environmental action
The L’Oréal-owned beauty brand’s initiative will put nature preservation in the spotlight, and inspire consumers to take action and raise funds by participating in events, starting with ‘Run for the Forest’ at the Schneider Electric Marathon de Paris race
Fragrance
L’Oréal finalises ‘significant’ €4 billion acquisition of Kering Beauté
The French beauty giant has completed its deal to acquire Kering’s beauty division after securing approval from competition authorities, which includes exclusive 50-year beauty and fragrance licences for Bottega Veneta and Balenciaga
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Finance
Analysis: Are we entering a new era of beauty megacorporations?
From L’Oréal acquiring Kering’s entire beauty division, to the potential merger between Estée Lauder Companies and Puig, are we entering a new era of beauty megacorporations? And is this concentration of beauty giants good or bad?
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Research & Development
Beiersdorf ramps up innovation with €100 million skin care venture capital fund
The German beauty giant behind Nivea and Eucerin is doubling down on innovation with fresh funding to back start-ups which are developing breakthroughs in areas such as longevity science, biotechnology and artificial intelligence (AI)