French cosmetics giant L’Oréal has strengthened its position as the world’s top beauty brand, while Brazil’s Natura and Avon both take a tumble under tough market conditions.
Colgate-Palmolive’s fourth quarter results were hard hit by currency exchange, but gains in both Asia and Latin America, combined with higher pricing, helped organic sales grow by 5%.
After posting disappointing financial results in 2012, Japan-based global cosmetics player Shiseido says that it is looking to implement a significant number of changes including an emphasis on its domestic market.
Japan-based cosmetics giant Shiseido has announced a dip in its full year 2012 financial results as the domestic market continues to face challenges and sales in China also slump.
Falling sales in China hurts Avon Q3 results
Avon continues to battle through difficult times, with its most recent results significantly impacted by falling sales in the China market, as the company restructures its business model there.
P&G first quarter profits were slightly down on higher commodity costs despite sales taking a big leap, but the outlook is more challenging as currency gains are expected to be wiped out.
Switzerland-based Clariant will open a new laboratory near Mumbai focused on developing formulations specifically for the personal care industry in India, a market that is showing continued growth.
Givaudan profits hit by currency translation and raw material costs
Swiss flavours and fragrance giant Givaudan announced a healthy increase in local currency sales but currency translation and raw material costs hit the bottom line.
Lanvin and Jimmy Choo sales help boost Inter Parfums results
New launches and the success of the Lanvin and Jimmy Choo Fragrance lines helped to boost Inter Parfums quarterly results, although currency translations take the shine off.
Q4 down but year figures up for Inter Parfums
Sales for fragrance firm Inter Parfums were down for the fourth quarter although year end sales were up, with Burberry performing particularly well.
Oriflame Q4 results hit by weaker demand
Oriflame says that its fourth quarter results were ‘slightly weaker’ than expected, hit by a falling demand in both the EMEA and CIS markets.
Symrise firing on all cylinders with double digit growth in all regions
Flavours and fragrance giant Symrise has reported very strong sales growth in the first nine months of the year, driven by outstanding gains in emerging markets.
Sales down for Colgate-Palmolive on weaker dollar
Colgate-Palmolive has reported a slight drop in third quarter sales dragged down by the weakening dollar, although net income remains strong.
A strengthening US dollar could spell tougher times for Estee Lauder
As the US dollar continues to gain in strength against many international currencies, macroeconomic forces could jeopardise the performance of US-based Estee Lauder.
Oriflame reports ‘modest’ first quarter sales growth
Oriflame has reported slight sales growth, pointing to difficult quarterly comparisons, but net profits show a healthier rise.
Kimberly-Clark posts strong Q4 but outlook is weaker
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.
Oriflame results hit by currency translation, negating sales gains
Oriflame sales dropped during its third quarter, with a double digit gain in local currency sales being negated by unfavourable currency translation.
Restructuring saves the day for Avon
Although sales slipped 9 percent in its fourth quarter aggressive restructuring has helped to boost profits by 80 percent.
European sales and currency trends nudge Clarins' figures down
Unfavourable exchange rate trends and declining European sales led
France-based Clarins Group into stagnant waters during the first
Henkel to cut 3000 jobs despite positive sales
Henkel has reported a positive sales increase for its cosmetics and
toiletries sector although sales in North America have suffered
across all divisions.
Kimberly Clark restructuring puts it on growth path
Kimberley-Clark has reported a significant boost in net sales and
income, with particular strength in the personal care sector,
helped by major cost reductions throughout the company.
Sales dip for IFF in Q2
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,...
Avon reaffirms 2003 outlook
Avon Products, a world leader in direct selling of beauty and
related products, today said it expects sales and earnings per
share in the second quarter and full-year 2003 to increase in line
with preliminary estimates.