Phyto and Lierac beauty brand owner Alès Groupe enters administration

Published: 16-Jul-2020
Hair Care Finance

The French cosmetics company has filed for bankruptcy proceedings a year after its founder's death

You need to be a subscriber to read this article.
Click here to find out more.

Alès Groupe, the owner of beauty brands Phyto and Lierac, has entered administration.

The company filed for bankruptcy proceedings at the Tribunal de Commerce

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
  • Companies:
  • Ales Groupe
See more

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Finance

Co-Capital acquires minority stake in Alès Groupe

Read more
Alès Groupe manufactures beauty brands including Photo and Lierac

Trending Articles

  1. Shiseido updates executive board with two new members The appointments aim to further enhance the effectiveness of the Japanese beauty giant’s board of directors
  2. The Body Shop appoints CMO and CFO to drive growth post-acquisition Penny Brook and Sally Dowling have joined the British beauty retailer’s executive leadership team, with the aim to bring the company back to its former glory
  3. L’Oréal launches fund to support supplier decarbonisation The beauty giant has joined forces with Chenavari Investment Managers on the fund, called Solstice
  4. Sephora’s ambitious plan to open 20 UK stores by 2027 The LVMH-owned retailer’s Global President and CEO, Guillaume Motte, wants to ramp up Sephora’s UK expansion plans to challenge established players
  5. Pierre Fabre Laboratories invests in skin care and supplements brand MiYé The pharmaceutical group will elevate the French start-up’s business by accelerating its R&D, brand presence and more

Upcoming event

Cosmoprof India 2024

5-7 December 2024 | Mumbai, India See all

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Finance

Co-Capital acquires minority stake in Alès Groupe

Alès Groupe manufactures beauty brands including Photo and Lierac
Hair Care

Phyto introduces anti-hair loss treatment - Phytologist 15
Hair Care

PHYTO adds to sun care line

Luxury botanical hair brand introduces two new products to its PHYTOPLAGE sun care line
Hair Care

Phyto shows off new ‘do

You need to be a subscriber to read this article.
Click here to find out more.
Hair Care

Hair care – Tailored tresses

Increased innovation in hair care has resulted in a more segmented offering that caters to a diverse range of hair types. Oils of all kinds continue to dominate NPD as both ingredients and as products in their own right as consumers look for traditional and natural ways to nurture hair. Consumers are also taking a more holistic approach to hair care and looking at improving the look of hair via better scalp health and the use of nutricosmetics. Meanwhile, salon style products for at-home use cater to time and cash poor consumers but people are willing to spend more money on high end products if it means greater efficacy or a more luxurious experience
Hair Care

Hair care – accentuate the positive

Despite being a commodity product the hair care market has not escaped the recession, however investment in innovation is turning heads. Emma Reinhold reports
Finance

Space NK full-year sales jump as Gen Z shoppers drive sales

The UK retailer is also expanding its portfolio with ten additional stores, which has already seen a store open in Sheffield
Subscribe now