Investment company Heliad Equity Partners has acquired an indirect 40 per cent interest in Germany-based cosmetics producer Baden-Baden Cosmetics Group.
Pharmaceutical giant Glaxo Smith Kline (GSK) has appointed an ex L’Oreal executive as president of consumer health care as part of its push to drive this side of the business.
Japan-based personal care giant Shiseido says it is targeting further growth in the fast-growing Chinese market by focusing on the luxury professional hair care market.
Kimberly-Clark has weathered the economic storm relatively well compared to the other big personal care players, prompting the company to paint a rosy long-term forecast.
BASF was hard hit by the global downturn in 2009 and is turning to sustainability measures as a means of cutting costs and getting the business back on track.
French cosmetics and bath products provider L’Occitane is preparing for its initial public offering on the Hong Kong stock exchange, according to press reports.
Personal care sales help to propel Beiersdorf to the close of a tough year, underlined by the fact that the company outperformed average market growth.
The US headquartered company has reported a drop in sales and net income for the year and warns of the effect of the Venezuelan currency devaluation on the coming year.
Having been hard hit by the economic downturn in 2009 L’Oreal says new markets will help to counteract limited growth opportunities in developed markets.
Latin America and Asia led the way with strong sales for Givaudan’s flavour division in 2009, prodding it towards 1.9 per cent sales growth in local currencies in a tough year for industry.
Swedish direct sales company Oriflame has announced a 14 per cent increase in its fourth quarter local currency sales, but negative currency translations take the shine off.
Gerresheimer expects pharmaceutical packaging sales to grow but says performance of “cyclical” cosmetics and life science businesses is more difficult to predict.
Indian wellness and beauty company VLCC is locked in a high court dispute with L’Oreal over the use of the Fuel brand to promote men’s skin ranges in India.
An increase in same store sales growth and the addition of new outlets through both organic growth and acquisitions has boosted Sally Beauty’s sales in its 2010 first quarter.
Swiss ingredients supplier Lonza reported a significant drop in its sales during 2009, as all of its business divisions were hard hit by lower demand worldwide.
Oral care provider Colgate-Palmolive has benefited from strong fourth quarter sales growth and positive foreign currency effects, leading it to report a substantial profit increase.
Procter & Gamble has delivered net sales growth of 6 percent for its second quarter, with strong unit volume sales growth indicating its brands are back on track.
Strong trading performance, particularly in Europe and the Asia-Pacific region, has boosted profits for PZ Cussons despite a fragile economic environment.
Kimberly-Clark posts rising sales and profit for its Q4 on strong personal care sales but the company’s outlook is weakened by the forecast of slow recovery for paper-based goods.
Retail cosmetic sales grew at 16.9 per cent in China during the course of 2009, a figure that defies the global market trend but indicates slower underlying growth.
The Estée Lauder Companies (ELC) has appointed Christopher Wood to the position of senior vice president of the Global Strategic Modernization Initiative (SMI), to oversee the next stage of the program.
The Malaysian arm of Marico, an Indian consumer products group, has entered into an agreement with Colgate-Palmolive to buy its Code 10 hair styling brand.
Sally Beauty says it has expanded its footing in the international salon market with the acquisition of Belgium-based wholesale distributor Sinelco Group.
Individual approaches to marketing beauty products in the fast-growing developing markets is essential to success, the latest Kline Group market report reveals.
In line with the expectation that successful clinical trials of Skinvisible Pharmaceuticals’ DermSafe hand sanitizer would accelerate license negotiations worldwide, the company has secured a Canadian license agreement for its product.
Ingredients standards researcher ChromaDex has secured $1,000,000 in investment that it says will allow it to continue expanding the business, after spending several months consolidating the deal.
Talk of a multi-billion euro transaction involving Reckitt Benckiser, a global brand owner of personal care and household products, has sent share prices rocketing.
Direct seller Nu Skin ups its forecast for the year as it predicts strong results from its new anti-aging range as well as an improved performance in Japan.
Beiersdorf is still reeling from the downturn in its non-personal care operations, but the improvement in the group’s business operations overall is quicker than expected.
Revlon revealed falling sales during its third quarter, underlining tough retail conditions and the strength of the dollar against international currencies.