Strong third quarter sales figures at Tupperware Brands indicate
that direct selling cosmetics firms should concentrate on emerging
markets as the retail channel has lost popularity in some
established markets.
Global personal care giant Kao has announced that its year-on-year
six monthly profits fell by nearly 1 percent as costs mounted, a
result that takes into consideration trading under its newly
acquired Kanebo Cosmetics business for...
Operating profits at Kimberly-Clark increased by almost a third as
the personal care giant posted record sales figures for the third
quarter driven in particular by a strong performance in emerging
markets.
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.
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
Capital.
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.
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
resold samples.
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.
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...
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
market.
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.
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.
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.
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.
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...
Global personal care player Beiersdorf has announced a 9.7 per cent
rise in sales for its second quarter and an impressive jump of 67.9
per cent in net profits driven by significant growth
in certain Eastern European and Asian markets,...
Once again results from the Procter & Gamble Company have
defied market growth and the expectations of financial analysts,
with sales for the fourth quarter growing 8 percent and net profit
rising 19 percent - results that testify...
An ambitious expansion programme seems to be paying off for the
Swedish direct sales firm, Oriflame, as both sales and operating
profits register significant growth.
Personal care sales outstripped Unilever's other product categories
as the global giant posted a 16 per cent increase in net profit for
the second quarter.
Avon has reported a healthy 12 percent leap in its second quarter
sales turnover, but the good news was overshadowed by a 25
percent drop in profits as restructuring charges related to its
turnaround plan hit hard.
As savings from restructuring kick in, oral and personal care giant
Colgate-Palmolive has reported a robust quarter, with sales
significantly boosted by a raft of international product launches.
Dallas-based Kimberly-Clark has reported a significant increase in
its second quarter sales, marked by particularly strong personal
care growth in Europe and the emerging markets.
The much-hyped Alliance Boots take-over by private equity firm
Kohlburg Kravis Roberts (KKR) could be in jeopardy as investors
fail to come forward to buy out €9bn ($18.5bn) worth of debt that
comes hand in hand with the acquisition.
Leading supplier of color and fragrances to the cosmetics industry,
Sensient Technologies, has reported a continued strong increase in
both sales and net profit, driven by strong industry sales and the
sale of a non-core investment.
The French natural cosmetics market is becoming a hot spot for
international investors hoping to cash in on one of the fastest
growing organic markets in Europe.
Global oral and personal care player Colgate-Palmolive has
announced that Ian Cook has taken over from Reuben Mark as CEO of
the company as part of a long-term succession plan that will allow
the out-going Mark to retire.
Personal care giants Beiersdorf has finalised the realignment of
its logistics restructuring with the planned transfer of its
production/product groups from Italy to Spain, Germany and Poland.
A UK based cosmetics retailer has been fined £24,000 following the
sale of illegal skin whitening creams, said to cause damage to skin
health due to the harsh quality of the ingredients - a triumph
against the rise in illegal products...
Major cosmetics giants such as Unilever, Procter and Gamble and
Beiersdorf have all attributed Q1 sales successes in sales to
emerging markets such as Eastern Europe. However companies are now
being advised to think 'local'...
New York-based luxury cosmetics player Elizabeth Arden reported a
double digit jump in both sales and profits, results that topped
expectations on the back of strong increases in fragrance and the
Elizabeth Arden brand.
Strong sales in its leading Nivea brand has boosted German personal
care player Beiersdorf's Q1 sales - following increases in sun
products, deodorants and male grooming across all regions.
Unilever yesterday said it achieved underlying sales growth of
5.4 per cent to €9.5bn during the first quarter, driven by the
home and personal care sector.
New York-based Estee Lauder reported a 7 per cent increase in sales
on the back of a strong performance in Europe and Asia, but the
performance could have been even stronger if US sales had been
better.
Procter & Gamble said that net quarterly sales were up 8 per
cent to $18.69bn, driven by double-digit growth in the baby &
family care division and high single-digit sales growth in the
beauty and blades and razors division.
Sweden based direct sales company, Oriflame has posted strong Q1
sales growth, achieved by a concerted recruitment drive in all
areas, and promotions associated with the company's 40th
anniversary.
The Cologate-Palmolive Company has reported particularly strong
results as it continues to dominate in the oral care sector, backed
up by favorable global pricing and currency exchange rates, all
driven by a 20 per cent increase in...
Sensient Technologies, provider of flavors and colors to the
food industry, has reported a 11.1 per cent rise in net income, and
publicly rebukes an industry analyst over erroneous comments he
made relating to the results.
Personal care and hygiene products provider Kimberly-Clark said
that profits jumped 64 per cent for its first quarter, on the back
of particularly strong sales in emerging markets and reduced costs
gained from restructuring.
The UK's leading health and Beauty store, Alliance Boots, is due to
be sold into the private sector, following the backing of board
members of a £10.6bn take-over bid.
L'Oreal has reported strong sales across all geographical areas in
Q1, with emerging markets posting the fastest like-for-like growth
rate for the period, despite falling sales in the US.
Global personal care provider Johnson & Johnson is rumored
to have taken over China cosmetics giant Dabao in a move that
would secure it the country's largest domestic skin care provider.
Swiss flavours and fragrance manufacturers Givaudan has reported
strong Q1 results - as a direct impact of the acquisition of Quest
International last year.
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