A frail euro, lower raw material expenses and – ignoring Western Europe, briefly – encouraging sales, saw Germany’s Beiersdorf claim its best ever first half set of numbers.
Beiersdorf achieves best-ever first half results
The German conglomerate saw sales lift 1.5%
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Regulatory
Beiersdorf CEO warns EU cosmetics industry could become ‘overburdened’ with impending regulations
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Beiersdorf CEO warns EU cosmetics industry could become ‘overburdened’ with impending regulations
Vincent Warnery, CEO of Nivea-owner Beiersdorf, shared concerns around Europe’s position as a cosmetics industry leader, highlighting how heightened regulations could see beauty ‘become the next auto industry’
Skin Care
Beiersdorf faces challenging start to the year as Nivea and La Prairie sales fall
The impact of a high prior year comparison base for Q1 sales, along with temporary disruptions in key markets and delayed effects from recent innovations, are not expected to continue through the year, said Beiersdorf CEO Vincent Warney
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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)
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