Eurazeo Sells Iberchem Fragrance and Flavors Maker to Croda

PARIS — Eurazeo Capital said Wednesday that it is selling its stake in Iberchem, a Spanish fragrance and flavors maker, to Croda International, a U.K.-based specialty chemicals concern. Under terms of the deal, Iberchem is valued at 820 million euros. That represents 20.5-times the group’s earnings before interests, taxes, depreciation and amortization in 2020. Founded in Murcia, Spain, in 1985, […]

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Inside the CEW 2020 Beauty Awards

Despite the year’s specific burdens on the beauty industry, the CEW 2020 Beauty Awards proved the show must go on — even when done virtually over several days. The awards, which started on Nov. 12, were the most recent CEW event to take place online, following the Women’s Leadership Awards in October. The organization took advantage of the digital forum’s […]

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E-commerce Continues China Boom

As Singles Day approaches, e-commerce sales for prestige beauty products in China are on the rise. According to The NPD Group, e-commerce sales in China reached $710 million in August, up 61 percent year-over-year. Skin care was the best-performing category. Sales were up 71 percent year-over-year, and 59 percent of prestige beauty consumer bought skin-care online in August, according to […]

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Ingenuity in Action

Because life isn’t all Zoom meetings and no play, Beauty Inc asked some top execs to share what new skill they picked up during the coronavirus pandemic. “I got pretty good at DIY beauty in areas I’d previously outsourced. Most notably, at-home waxing. I was always too scared, but it is actually super easy. I also got much better at […]

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Sephora's Holiday Savings Event Is Coming — Here's What Beauty Insiders Need to Know

All products featured on Allure are independently selected by our editors. However, when you buy something through our retail links, we may earn an affiliate commission. It's the most wonderful time of the year — for beauty lovers, that is. Sephora just announced that its Holiday Savings Event is officially kicking off on Friday, October 30. It's the perfect opportunity […]

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