Shiseido to sell daily necessities unit as it hones cosmetics focus

Andrew M. Santos

TOKYO — Japanese cosmetics maker Shiseido plans to sell a portion of its business, including hair care products, to European private-equity fund CVC Capital Partners for possibly more than 100 billion yen ($965 million), Nikkei has learned.

The move comes amid slumping sales during the coronavirus pandemic as more people stay at home. Shiseido aims to sell less-profitable businesses to focus on its core cosmetics business.

CVC will acquire Shiseido’s “personal care business,” which develops and sells daily necessities like skin care and body care products found in drugstores. It will also include its “Tsubaki” haircare brand of shampoos and conditioners as well as “Uno,” a popular men’s hair styling brand.

The business logged total revenue of 105.3 billion yen in the Asia region, including Japan and China, for the year through December 2019, accounting for 9% of Shiseido’s overall revenue.

According to people familiar with the matter, Shiseido will

Read More

Natural and Organic Cosmetics Market Eyeing Favorable Growth due to Growing Focus on Hygiene

Andrew M. Santos

The MarketWatch News Department was not involved in the creation of this content.

Jan 07, 2021 (Heraldkeepers) —
Market Analysis

Global natural and organic cosmetics market is predicted to grow at a 9.60% CAGR over the forecast period (2018-2023), as stated by the latest Market Research Future (MRFR) report. Natural cosmetics serve in beautifying and caring for the human body with the help of natural ingredients. They are made with natural raw materials that are friendly both to the skin as well as the environment. These ingredients are absorbed by the skin easily, keeping it healthy and smooth.

Various factors are propelling the natural and organic cosmetics market growth. These factors, as stated by the latest MRFR report, include growing focus on personal care, inclination towards a healthy lifestyle, social media influence, increasing disposable income, and improved standards of living. Additional factors pushing market growth include the growing number of

Read More

Ulta Beauty’s Focus on Domestic Market Growth Likely to Aid

Andrew M. Santos

TipRanks

3 Stocks Flashing Signs of Strong Insider Buying

If you really want to know which stocks the experts – and those in the know – are buying, pay attention to what they’re doing. Stock reports, company reviews, and press statements are helpful, but you’ll get significant information from watching what the insiders are up to.The insiders – the corporate officers and board members – have to disclose when they snap up shares to prevent any unfair advantages. Tracking their stock purchases can be a useful strategy because if an insider spends their own money on a stock, it could signal that they believe big gains are in store.So, investors looking for stocks that may be flying ‘under the radar,’ but with potential to climb fast, watching for insider purchases identify some sweet market plays. To make that search easier, the TipRanks Insiders’ Hot Stocks tool gets the footwork started

Read More

Sue Nabi’s Coty Will Focus on D-t-c and Good Beauty Products

Andrew M. Santos

As Sue Nabi prepares to formally step into the chief executive officer’s role at Coty Inc., she is ready to refocus the ailing company on some key tenets of the beauty business — like good products.

Nabi, who spoke to Wall Street analysts on Thursday, said Coty needs “to work on products.”

“I really would like this company to become a product-driven, product-centric, but also new business model-centric company,” Nabi said. “If your product is not the best one on the market, if it’s not the one that delivers better than the others, if it’s not a product that’s perfectly designed for usage, but also for performance, and last but not least, if it’s not a product that you feel not guilty by using because it’s sustainable, then you’ll be happy to stick to this product.”

Nabi also talked about incorporating wellness into the portfolio, capitalizing more on direct-to-consumer capabilities,

Read More