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Kao Completes New Manufacturing Building In Taiwan

Kao (Taiwan) Corporation said it has completed the construction of a new manufacturing building for beauty care products in the company's factory in Taiwan's Hsinchu County. With an initial investment of 3.3 billion yen, the new building will expand the company's supply capacity and address the growing beauty care business of the Japanese beauty brand's Taiwanese subsidiary. According to the company, the new facility will start manufacturing the Biore and Men's Biore skincare products and the Essential and Liese haircare products. Kao has implemented the Good Manufacturing Practice standards to ensure safety and quality during the whole production process.

"Kao completes construction of new production building for beauty care products in Taiwan plant", Kao, November 24, 2017

Unilever Starts Process Of Looking For New CEO

Unilever is working with executive search consulting firm Egon Zehnder International to search for current CEO Paul Polman's successor. Although the company has yet to officially announce a possible date for Polman's retirement, some unnamed sources expect the veteran executive to leave in about 18 months. According to Sky News, Egon Zehnder is helping Unilever's board of directors prepare for a formal search process.

"Dove-maker Unilever paves way for exit of veteran CEO Polman", Sky UK, November 23, 2017

Old Spice Launches Video Ad With Exploding Log And Terry Crews

Men's grooming brand Old Spice launched “Ye Olde Exploding Yule Log,” an advertising video featuring actor Terry Crews. Created by advertising agency Wieden + Kennedy, the video shows Crews and a yule log periodically exploding.

"Old Spice and Terry Crews Bring You ‘Ye Olde Exploding Yule Log’ for the Holidays", Adweek, November 23, 2017

Companies, Organizations  

Shiseido Moves American HQ To Upgraded Manhattan Office Tower

Japanese beauty brand Shiseido Co. plans to relocate its US headquarters to New York City's 390 Madison Ave. As part of the 15-year lease signed by the company, Shiseido Americas Corp. will take the 15th through 22nd floors of the totally renovated office building in midtown Manhattan. According to an unnamed source, the company has agreed to pay about $100 per square foot for the 225,800 square feet in the tower.

"Japan's Shiseido Is Moving U.S. Headquarters to Renovated NYC Tower", Bloomberg, December 12, 2017

Procter & Gamble Receives CSR Honors From Forbes, JUST Capital

Procter & Gamble was honored as one of the country's Most JUST Companies by the Forbes magazine and the nonprofit JUST Capital. Results of a survey of more than 72,000 respondents helped JUST Capital define just corporate behaviors, as well as find out the issues that Americans consider as most important, including drivers and components of corporate justness. For its part, P&G has released its “2017 Citizenship Report,” which highlights the company's performance in terms of ethics and corporate responsibility, community impact, gender equality, diversity and inclusion, and environmental sustainability.

"P&G Named One of America’s Best Corporate Citizens", Procter & Gamble, December 12, 2017

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