The global personal care player released audited figures that
confirm a strong performance during 2006, giving the company reason
to upgrade its outlook for 2007 and reconfirming that it is on the
L'Oreal has yet again reported booming operating profits, driven by
lucrative acquisitions such as natural cosmetics company, The Body
Shop and product innovations – but despite the continued rise, net
earnings came in below...
Sales of cosmetics, toiletries and fragrances in France grew at 5.7
per cent in 2006, the fastest rate of increase in five years and a
figure that puts it well ahead of average industry growth, both
within France and the European...
Oriflame is going strong in the direct sales market after the
company reported a massive 20 per cent boost in sales for 2006 on
the back of strong skin care and colour cosmetics sales, despite
disappointing net profits.
Dental care and toiletries giant Colgate-Palmolive has announced a
big rise in net profits for its fourth quarter off the back of
strong sales driven by a particularly big rise in both the European
and Latin American markets.
L'Oreal has met its targets for 2006 after reporting a strong
fourth quarter results, driven by renewed vigour in the Western
European markets and a continued strong performance in new markets
such as Russia and China.
Cosmetics giant L'Oreal has added three new members to its
executive committee, in a move aimed at emphasizing its focus on
the group's active cosmetics division, together with the increasing
importance of the Asian and...
Avon Products has filed a new report with the US Securities and
Exchange Commission (SEC) outlining the latest initiatives for its
ongoing restructuring plan, leading to further charges of up to
$15m for redundancy and organizational...
This year L'Oreal, the world's largest cosmetic player, increased
its footprint in the naturals and organic market with the purchase
of The Body Shop and Sanoflore - acquisitions that are likely to
lead to further activity...
As the China market for direct sales opens its doors to more and
more international companies, the number of players trying to tap
into what is tipped to be a thriving growth market has swelled
after US businesses Mary Kay and Amway...
Migami, a US-based company that has made its name developing and
testing clean air technology, has acquired assets in the company
Innovay, giving it a new direction purchasing licensing rights for
cosmetic and pharmaceutical products.
Cosmetic and fragrance giant Elizabeth Arden posted a quarterly
loss on Friday, as it was hit by restructuring costs, but with
marketing spend lower than expected and sales still strong, the
underlying results appear to be solid.
Proctor & Gamble has reported a 27 per cent increase in its
sales and a 33 per cent increase in net earnings as the company
continues to power away on the strength of last year's merger with
Gillette and a continued improvement...
The world's leading cosmetic player has further expanded its
position in the naturals market with the acquisition of French
Laboratoire Sanoflore, one of the founding companies specialising
in the manufacturing of certified organic...
Sensient Technologies, supplier of fragrances and colors for
cosmetic products, has reported a significant increase in both its
sales revenue and its net profits on the back of strong activity in
both the US and China markets.
A continued and growing recognition of the LVMH Moët Hennessy Louis
Vuitton brands has helped the group to put in another strong
quarter, with sales of its major French cosmetic and fragrance
brands also making a mark.
French cosmetic giant L'Oreal has announced that it intends to
extend the Body Shop brand into international markets. The move
follows the £652m take-over of the UK based Body Shop by L'Oreal
back in March 2006.
Japanese beauty manufacturer Shiseido is expanding its research and
development centres, opening up facilities in Europe and Asia in an
effort to better appreciate the needs of its customers there and
expand beyond the US and domestic...
With Avon in the midst of a major restructuring CEO Andrea Jung
says that savings are going to be poured back into the company's
future, with research and development, the internet and advertising
targeted for major investment.
Having received the first license for a foreign-owned company to
resume direct sales of cosmetic products in China, Avon added more
than 33,000 new sales staff to its workforce there last month,
according to data from the Chinese...
French luxury consumer group LVMH has reported double growth in its
overall sales for the first six months of the year, backed up by an
impressive 80 per cent leap in profits for its perfumes and
Following a flurry of activity that saw its shares rocket this
week, Colorado-based personal care provider OraLabs has confirmed
that it is selling up to a Chinese investment company, turning the
company private again.
ASEAN says it is set to implement a single regulatory system for
its ten member states by the start of 2008, in a move that aims to
help bring it in line with regulations worldwide and attract major
Although sales are still growing strongly, Estee Lauder has posted
a 27 per cent drop in its net income after being impacted by
restructuring charges. But the company says that it is terrorism
threats that could pose a significant...
Swedish direct sales player Orilfame has announced a significant
increase in its quarterly sales and profits to June 30 on the back
of a 41 per cent rise in local currency sales in the CIS and Baltic
Sales of premium fragrances continue to be the main driving force
behind a healthy performance for fragrance and flavours player
Givaudan, as the Swiss company confirms it will be keeping its eye
on opportunities to further consolidate...
Unilever announces second quarter results showing that it has
maintained its steady growth of late, but the questions remains
whether it is enough to remain competitive against major rival
Procter & Gamble.