French cosmetics giant L'Oréal has signed an agreement to acquire
SkinCeuticals, a cosmeceuticals skin care company based in the US,
a move that will see the business expanded into the international
market, reports Simon Pitman.
The European Cosmetic Toiletry and Perfumery Association (Colipa)
published its annual financial review of retail sales prices for
the industry, showing that in 2004 overall growth rates continued
to fall in Western Europe, whereas...
The maker of the Nivea brand has announced first quarter sales
broadly in line with the previous quarter, but a small increase in
profits helped the company to achieve a respectable bottom line,
reports Simon Pitman.
Avon has announced a significant increase in its first quarterly
sales, leading to an even bigger jump in net profits. Although the
UK market registered a slump in sales, it was the central and
eastern Europe markets where extraordinary...
UK-based Body Shop has upped its expectations for the coming
financial year on the back of full-year results revealing a trading
come-back. Growth had come on a global basis thanks to a successful
investment programme to enhance the...
Despite global sales rising 9.5 per cent Colgate-Palmolive has
reported an 11 per cent drop in net profits for its first quarter
results. However, the company said that increased advertising
expenditure had managed to ensure sales...
L'Oreal chief executive says that the company's strong performance
in the US market is being overshadowed by sluggish sales in Europe.
Meanwhile the company's continued focus on the China market is
market by a major...
Direct sales player Oriflame has announced a significant drop in
its first quarterly profits despite a healthy increase in sales.
The results reflect last year's IPO and refinancing expenses,
reports Simon Pitman.
Kimberly-Clark says it is combining its North Atlantic Personal
Care and Family Care businesses into a single organization under
the leadership of Steve Kalmanson. The announcement comes off the
back of a strong set of financial results...
Japanese textiles and cosmetics group giant Kanebo has admitted to
inflating profits by about $2 billion over the five-year period to
March 2003, in what could be Japan's largest accounting fraud
involving a non-financial firm.
Cognis Care Chemicals has reported a stronger financial performance
in 2004 thanks in part to a restructuring of the division. The
results helped the privately-owned German group to reduce its debts
by more than half compared to the...