Avon Products, the sixth largest global beauty company, reported
excellent sales growth in the second quarter, boosted by the
surprisingly fast-growing emerging markets. Focusing on China and
Russia, the company says it will reinvest...
Mainland Chinese consumers are increasingly joining the health and
beauty craze which is gripping the west and as such have helped US
personal care group Nu Skin Enterprises to a 400 per cent increase
in revenues there during the...
Japan's second largest manufacturer of household goods Lion is to
terminate a hair care product joint-venture agreement with a
Japanese unit of German company Henkel.
International household and personal care products company PZ
Cussons has is to acquire top UK haircare brand Charles Worthington
in a deal worth up to £37m (€55 m) to the celebrity hairdresser and
his business partner.
British based cosmetics retailer The Body Shop has said its UK
business continues to provide cause for concern after first-quarter
sales dipped 4 per cent.
Inter Parfums has announced a worldwide license agreement with
Lanvin to create, develop and distribute fragrance lines under the
Lanvin brand name over the next 15 years.
Skincare technology company Radiancy aims to raise £30 million (€45
m) through its flotation on the London Stock Exchange next month.
One look at Radiancy's corporate profile tells you that it is a
small company with big ideas...
Avon raises its earnings forecast and announces new cash management
and tax strategies that will see more of the US-headquartered
company's international earnings remain offshore, taking advantage
of overseas sales and profits...
Alberto-Culver has announced that it has completed the sale of its
Indola professional hair care business to Henkel. The transaction,
effective 1 June 2004, is the latest in a series of mergers and
acquisitions in the salon hair care...
German hair and beauty product producer Wella has this week
announced both the most profitable first quarter in the company's
history and the signing of a purchasing agreement with Procter
& Gamble, writes Louise Sheridan.
Henkel is to acquire hair care company Indola from Alberto-Culver.
They are expected to complete the deal by 1 June 2004, subject to
final agreement and competition law clearances. The transaction is
the latest in a series of mergers...
Improved fragrance sales in Europe, boosted by modest gains in
currency conversions, increased first quarter results for the US
fragrance giant International Flavors & Fragrances (IFF).
Strategies in 2003, to help get the company...
Nu Skin Enterprises, a worldwide direct seller of personal care
products, has reported a 20 per cent increase in net revenue.
Foreign currency fluctuations, product launches in the US and
momentum in Mainland China have all been attributed...
Swallowfield - a UK cosmetics and toiletries manufacturer - is to
overhaul business in a bid to reposition itself as an international
supplier of contract outsourcing services to the toiletry,
household and cosmetics markets. Operations...
The Lubrizol Corporation has announced the acquisition of Noveon
International, a speciality chemical producer, to create a combined
company. The move complements Lubrizol's existing businesses in
fluid technologies and will...
L'Oréal has announced a good start to 2004 following the release of
its first quarter results. The company saw growth in all of its
cosmetic divisions despite a high base of comparrison against last
year's results. The dermatology...
Wella, the German maker of hair-care and beauty products, has
forecast a 'year of challenges' for 2004 after the group reported a
significant drop in net profit. Recently acquired by Procter &
Gamble, the company was...
Kanebo, the second-largest cosmetics maker in Japan after
industry-leader Shiseido, has decided to abandon plans to sell its
core cosmetic unit to Kao. Instead the company is to ask the
Japenese government to help slash its debt in...
Unison Capital has put forward a management offer - believed to
match Kao's withstanding bid of €3 billion - for Kanebo's cosmetic
operations. However the revelation has not unnerved toiletries
manufacturer, Kao, who started...
Nimbus Group, a licenser of fine fragrance and skincare, is set to
acquire a majority stake in Fragex a Paris-based developer of
cosmetics and fragrances.
L'Oreal has managed to reach its financial year sales target, helped by the concentration of products launched in its first and last quarter. However, the cost of achieving this growth may translate into low earnings for its 2003 second half results...
Kao, Japan's biggest maker of toiletries, plans to add cosmetics to
its product lineup in China by the middle of next year in a bid to
find faster markets for growth. Kao's plans for China is aided by
its intention to purchase...
Atrium this week announced its full acquisition of active
ingredient supplier Siricie. The €1.6 million cash deal
demonstrates the trend of biotechnology companies moving further
towards novel products.
Tokyo is set to become L'Oréal's third largest operational centre
today, following the company's shareholding extension in Japenese
Shu Uemura Cosmetics. The agreement confirms the company's
commitment to globalising...
Procter and Gamble, owner of the Olay, Pantene and Head &
Shoulders lines and recent acquirer of Wella, today announced
healthy Q1 results including double-digit earnings growth for its
beauty and health care segments.
Kao, Japan's leading manufacturer of specialty chemicals and
personal care and household products, and Kanebo, the country's
second largest cosmetics maker, have announced a provisional
agreement to consolidate the two companies'...
The wind might have changed direction for UK-based The Body Shop
with the natural beauty company reporting first half figures for
2003 that showed profit before tax rose to £9.1 million, compared
to a loss of £0.7 million for the...
Swiss flavours and fragrance company Givaudan saw operating profit
for the first half of 2003 knocked by lower gross margins and a
rise in pension charges.
ICN Pharmaceuticals has announced the signing of a license
agreement which amends its current manufacturing license with
Senetek to expand ICN's moisturising Kinerase product line.
Number one flavour and fragrance house reports a drop in sales for
the second quarter, hit by a slip in European and North American
sales. International Flavors & Fragrances had expected sales to
increase by 5 per cent on 2002,...
Emil Flachsmann, a Swiss supplier of natural compounds and
ingredients for cosmetics, is to come under the wing of flavours
multinational Frutarom, following an agreement between the two
companies announced this week.
The Body Shop founder and ardent environmental campaigner Anita
Roddick was awarded the title of Dame as part of the Queen's
Birthday Honours released on 14 June. She was awarded the title for
her life-long work in retailing,...
US division of Japanese mail order skincare company DHC introduces
alpha-arbutin white mask. The company claims alpha-arbutin is up to
ten times more effective at brightening skin than the traditional
brightening ingredient beta-arbutin.
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