Henkel and KKR proceed to second round of bidding for Coty Professional Division; Ulta Beauty exceeds full year 2019 expectations; beauty brands rank highly on world's most innovative companies list; and world's most powerful beauty executive to retire.
Nivea and Sukin: Top two skincare brands for Aussie millennials; Estée Lauder enjoys highest revenue growth among the major players; Melbourne's St Collins Lane up for sale; and one of the world's largest custom formulators acquires Cosmetic Laboratories of America.
World's largest money manager takes majority stake in Creed fragrances; Alberto VO5 maker sells oral health, hair and skincare brands; 1.6 million Aussies use TikTok; and Coty appoints head of Jimmy Choo as new CEO.