For some, having a strong year in such a difficult climate may be an excuse to take it easy, but not for beauty behemoth L’Oréal as CEO Jean-Paul Agon announced the company are open to acquisitions to further strengthen this year.
L’Oreal appoints a new Chief Innovation Officer
L’Oreal has announced the appointment of Jacques Challes to the position of Chief Innovation Officer of its Innovation Department.
Nu Skin financial results boosted by emerging markets, especially China
Direct sales cosmetic and skin care player Nu Skin has announced a big rise in its quarterly revenues on the back of record revenues in Latin America and Asia.
Oriflame reports strong sales increase on expanded sales force
Direct cosmetics sales player Oriflame has reported a strong increase in sales that falls in line with a significant increase in its workforce.
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.
Weaker European currencies help boost Clariant 2Q results
Switzerland-based specialty chemicals players Clariant has announced a big jump in 2Q sales, boosted by the strength of the US dollar against European currencies and weaker 2009 comparisons.
Developing markets help drive big sales gains for L’Oreal
L’Oreal has proved it is well and truly on the road to recovery after posting double digit second quarter growth on the back of a particularly strong performance in developing markets.
Oriflame sales up but costs and currency exchange hits profits
Direct sales player Oriflame has announced a big increase in local sales for its second quarter, but the negative impact of currency exchange hits profits.
Strong sales help boost Oriflame profits
Sweden-based direct sales giant Orilflame says it has managed to
boost its profits thanks to double digit sales growth during the
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.
IFF reports strong sales but charges hit profits
New Jersey-based International Flavors and Fragrances has reported
a strong increase in its third quarter sales driven by its flavors
division, but profits are hit by administration charges.
L'Oreal sales power ahead fueling further possible acquisitions
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.
Oriflame quarterly profits hit by expenses
Direct sales player Oriflame has announced a significant drop in
its first quarterly profits despite a healthy increase in sales.
The results reflect last year's IPO and refinancing expenses,
reports Simon Pitman.
Estee Lauder performs well, but US market proves challenging
Estee Lauder has reported a strong first quarter, with profits
rising 23 per cent to $95 million. And like the rash of other
cosmetics companies posting good results in the last week, it is
the international markets outside of the...