Stale sales in developed markets are boosted by very strong growth in revenues from P&G's emerging markets, which are headed up by the Asia Pacific region.
Asian conglomerate Kao Group has predicted a ¥6bn drop in operating profit this fiscal year due to the skin lightener product recall by its subsidiary Kanebo.
Revlon’s second quarter results struggle under the weight of charges, currency translations and falling sales in Europe and Asia, but strong results in the Americas help fend off bigger losses.
Sales for oral and personal care player Colgate-Palmolive were up for the first quarter of 2011, but the company said increasing raw material costs were affecting profit margins.
Revlon second quarter profits rose significantly as restructuring costs ease, but US sales continue to fall, counterbalancing stronger international results.
Estee Lauder Companies has beat profit expectations having posted a 10 percent increase in Q3 sales as consumers of prestige products return to their old spending patterns.
Revlon revealed falling sales during its third quarter, underlining tough retail conditions and the strength of the dollar against international currencies.
Shiseido has upped its profit forecast for the first half of the year but the company warned that business conditions will be tougher in future quarters.
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.
Leading Japanese and global cosmetics player Shiseido has pulled
back into profit following improved sales and reduced labour costs,
but it is predicting that sales growth will slip in the coming year
as a result of competition.
Body Shop International said that its latest results for the six
months up to 27 August showed new lines featuring exotic community
trade ingredients such as Brazilian babbusu nut oil and Zambian
honey have been a major driving force...
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...
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.