Symrise has seen its flavour and fragrance orders rebound to pre-economic crisis levels and has expanded its business with some key customers in the first half of this year.
The personal care division of the Anglo-Dutch consumer goods company Unilever experienced the strongest growth of all divisions for the second quarter, seeing sales surpass all other business segments.
BASF has reported a big leap in both earnings and sales for the second quarter, although the results compare to a much weaker performance last year and the outlook is more subdued.
Revlon second quarter profits rose significantly as restructuring costs ease, but US sales continue to fall, counterbalancing stronger international results.
Switzerland-based specialty chemicals players Clariant has announced a big jump in 2Q sales, boosted by the strength of the US dollar against European currencies and weaker 2009 comparisons.
Naturex’s has indicated that the first six months of 2010 have brought strong revenue-growth as it set about integrating the ingredients division recently acquired from Natraceutical, but all its business arms contributed to the fine results.
As the US dollar continues to gain in strength against many international currencies, macroeconomic forces could jeopardise the performance of US-based Estee Lauder.
PZ Cussons has reported a rise in annual profits while adverse currency impacts and a lack of liquidity in Nigeria led to a slight drop in reported revenues.
Strong Burberry fragrance sales have helped Inter Parfums deliver record second quarter net sales of approximately $107.8m (€83.5m), an increase of 21.6 percent on the prior year period.
Tupperware has announced a mixed bag for its Q2 financial results, as North American beauty sales dips, but sales in developing markets help to counterbalance results.
The latest results from L’Oreal underline a strong recovery but could also point to difficult comparables and further hardships in Western Europe, analysts believe.
L’Oreal has proved it is well and truly on the road to recovery after posting double digit second quarter growth on the back of a particularly strong performance in developing markets.
China has recently overtaken the US as the second largest market for luxury goods and growth is not expected to slow, making it a crucial target for high-end cosmetic players.
Procter & Gamble will be increasing the number of brands and products it offers in emerging markets in order to make the most of the growth potential they hold.
Growth in all its geographical markets excluding the US helped France-based natural cosmetics company L’Occitane deliver a profit above original estimates.
Continuing a tradition of family leadership across its portfolio of brands, Estée Lauder has promoted Jane Lauder to the position of global president, general manager of Origins and Ojon.
Brenntag is to acquire Asian chemicals distributor EAC Industrial Ingredients for €160m cash in a move that will significantly expand its presence in the Asia food, cosmetics and pharmaceutical sectors.
High-end mass market cosmetics brands such as Olay from P&G and prestige brands such as Estée Lauder are likely to outperform lower-end brands such as Avon in China, according to a new report from Bernstein Research.
A ‘buoyant’ performance in Hong Kong and Macau and strong online sales helped Hong Kong-based cosmetics retailer Sa Sa deliver a 2009 annual turnover of HK$4.1bn (€430m), up 13.9 per cent on the previous year.
Rigid plastic packaging supplier RPC has warned that significant increases in polymer prices will be passed on to its food and personal care customers.
International chemicals company Rhodia has announced plans to acquire China-based Feixiang Chemicals (ZJG), strengthening its position in both the surfactants market and Asia-Pacific region.
As many foreign cosmetics companies face up to the challenge of rising wages in China, the fact is that while costs rise, increased spending power is likely to translate into higher domestic sales.
The US arm of Shiseido fragrance division, Beaute Prestige International (BPI), has signed a distribution agreement with France-based luxury perfume house Annick Goutal Parfums.
Increasing its footprint in the cosmetics and personal care market, Switzerland’s second largest retailer, the Coop Group, has acquired The Body Shop Switzerland.
Shortly after announcing its acquisition of hair color specialist Issue Group, India-based Godrej Consumer Products (GCPL) has said it is to purchase another Argentine hair care player.
Flavour and fragrance ingredients manufacturer and supplier, Treatt, said its Group results for the six months period ending 31 March 2010 were ‘satisfactory’ in light of current economic conditions.
Anglo-Dutch consumer giant, Unilever, has announced it expects its acquisition of Sara Lee’s personal care and European laundry business to be completed by Q4 2010.
German chemicals and nutrients giant Cognis has turned in its best ever Q1 operating profit as sales across its three core divisions exceeded 2008 pre-financial crisis volumes in 2008 for the first time - fueling ongoing buy-out speculation.
Indian personal care products company, Marico, has acquired the aesthetics businesses of Singapore-based Derma Rx Asia Pacific through its skin care solutions subsidiary, Kaya.
Beiersdorf reported strong like-for-like sales growth driven by a marked recovery in its Tesa adhesive group, but the consumer goods division shows a very mixed performance.
US-based International Flavors & Fragrances recorded a 17 percent increase in first quarter revenue, aided by robust Fragrance sales and a strong performance from both divisions in Asia.
French cosmetics player L'Occitane says its recent IPO has helped it to raise HK$5.5bn (€553m) as part of efforts to target expansion in the fast growing China market.
Germany-based Henkel reported a 7.8 per cent increase in first quarter sales aided by an ‘impressive sales performance’ in its cosmetics and toiletries division.
Colgate-Palmolive has announced strong sales growth for its first quarter, driven by robust overseas sales, but tax charges relating to the Venezuelan currency devaluation hit profits.
Direct-seller Avon has reported a 14 percent increase in first quarter revenue aided by double digit sales growth in the company’s strongest markets; Europe and Latin America.