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.
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...
Although China has long been tipped as the next big market for
international cosmetics companies to target, experts are now
turning their focus on Indonesia and Turkey as the next hotly
tipped place for investment.
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.
Continued expansion in Asia and a 12.4 per cent rise in
sales were the key highlights during the
first quarter 2007 for international packaging group Crown.
Despite recent news that larger Japanese players are gaining
momentum on Western cosmetic manufacturers, industry insiders have
stated that there is no real, imminent threat.
The market for Halal cosmetics is growing on a global basis, but
nowhere is this trend more pronounced than in the Middle East,
where conscientious consumers are specifically searching out Halal
endorsed products.
Profits are up at Estee Lauder, prompting the company to increase
its full-year outlook, driven by strong sales growth in all
categories together with the benefits of cost saving initiatives.
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.
Stressing the importance of sanitary work practices, US company
Skinvisible is launching a targeted marketing campaign for its
antimicrobial hand sanitizer lotion as part of the battle to help
prevent the spread of bird flu in Asia.
The rapid evolution of the natural and organics cosmetic market in
Europe and the US is leading to increasing opportunities for
Western companies in the Asian market.
The forthcoming Cosmbolleza & Wellness expo, due to take place
in Barcelona next March, is set to be the biggest yet, with a 25
per cent increase in exhibitors and a rise in the number of
professional visitors forecast by the...
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