Beiersdorf has reported flat financial results following what the
Germany-based skin specialist described as a difficult year for
trading as the domestic market continued to prove particularly
challenging. However, the company says...
Amway has broken into the Russian market in a bid to tap into huge
consumer growth. The direct sales company is aiming to establish a
sales force for its range of cosmetics and household products from
centres based in Moscow and Nizhni...
French cosmetics ingredients producer Coletica has confirmed that
it has received an offer from Engelhard Corporation to buy a
majority stake in its share capital, in a move that will give the
company a much-needed cash injection,...
Global packaging provider Rexam has announced flat results for the
full year 2004, with its plastics packaging division boosted by a
particularly good performance from its beauty operation, reports
Givaudan has reported that sales fell in 2004, with a poor
performance from its fragrance division hampered by its fragrance
ingredients business combined with unfavourable currency exchange
rates, reports Simon Pitman.
Oriflame's less than impressive debut as a public listed company
and falling profits has prompted major boardroom changes,
highlighted by the appointment of Magnus Brännström as the
company's new CEO, Simon Pitman reports.
The investment world has given its seal of approval to P&G's
proposed $57 billion acquisition of Gillette, with analysts
recommending Gillette shares as a good buy, but experts are
expecting that the deal will bring headaches...
L'Oreal announced second half financial results broadly in line
with market expectations at the end of last week, boosted by strong
sales in both the US and emerging markets. However, analysts
believe that improvements in profitability...
Avon has reported that sales grew ten per cent during 2004,on the
back of a continued growth during the fourth and last quarter. But
currency weakness and a slack US market continue to hamper
otherwise healthy results.