Toothpaste packaging firm bought out by equity investor
Leading UK toothpaste packaging manufacturer Betts Global has been
bought out by private equity specialist Gresham in a move that aims
to better position the company for future global growth.
LVMH reports strong sales in tough luxury market
Strong sales of cosmetics and perfumes at LVMH Moet Hennessy Louis
Vuitton indicate that there is still life in the luxury market.
Gilchrist & Soames buy-out moves one step closer
Business development company Allied Capital has pledged $51m
towards the buyout of hotels personal care and amenities supplier
Gilchrist & Soames by private equity group Swander Pace
Givaudan reports strong fragrance sales growth
Flavour and fragrance giant Givaudan recorded rocketing sales on
the back of strong organic growth and the acquisition fragrance
Beiersdorf plunges into Chinese hair care market
Beiersdorf will pay €269.45m for an 85 per cent stake in
China-based C-Bons Hair Care as the cosmetics giant looks to
penetrate deeper into the fast growing market.
Former perfume boss fined for illegal reselling
The former CEO of perfume retailer Marionnaud was ordered to
pay damages to several top manufacturers after
a French court ruled yesterday he had illegally
PCAS's cosmetics and perfume sales catapult
Sales in PCAS's perfume-aroma-cosmetics division leapt up by 43 per
cent in six months, a rise the company attributed to the work of
distributors in the US and Japan.
US sales slump causes Clarins' profits to fall sharply
Luxury cosmetics group Clarins has suffered a sharp decline in
profits over the first half of the year following a sales crisis in
Strong China retail market still being driven by cosmetic sales
Despite global financial markets being in turmoil the Chinese
retail market is continuing to speed ahead. Indeed, due in
part to strong sales of cosmetic and personal care products, the
World Bank has raised is forecast for the country's...
Mary Kay chases increasing Indian cosmetic spend
Global direct sales player Mary Kay is making a $20m investment in
the Indian market for cosmetics and personal care products in an
attempt to tap into fast-growing sales in this rapidly evolving
Kimberly-Clark builds 100-acre facility in Russia
Personal care giant Kimberly-Clark has announced plans to build a
100-acre manufacturing facility in Russia in an attempt to
accelerate growth in the emerging markets.
L'Oreal sales power ahead fueling further possible acquisitions
Having announced strong growth in sales and profits L'Oreal
CEO Jean-Paul Agon says that the company has never before been so
engaged in the process of considering new acquisitions.
Alltracel is preparing to acquire oral care firm Synpart
Ireland-based Alltracel has revealed that it is preparing to
acquire the oral care specialist Synpart in a bid to lead the
European private label market for oral care products.
Profits and sales surge for IFF
Fragrance and flavors player IFF reported increased second quarter
net income and sales, although falling market prices impacted the
performance of the company's fragrance division.
Restructuring helps Revlon to cut back its losses
Cost-cutting measures, the discontinuation of the ill-fated Vital
Radiance line and general restructuring have helped take Revlon
back from the brink, as its latest quarterly results finally start
to show clear evidence that it is...