Prestige beauty player Estée Lauder has revealed the extent of its current challenges after posting fourth-quarter results showing that net sales declined by 10%, sending stock prices to a six-year low.
Japanese multinational Shiseido announced steady sales and a big increase in profits for the first half of its financial years, but cuts its forecasts on the back of restructuring and currency exchange.
Estée Lauder has continued its strong run of financial results, reporting industry leading revenue growth for its second quarter, but sales were hard hit in the Asia Pacific region due to currency translations.
In the wake of the last week’s announcement that Coty had bought 43 fragrance, color cosmetic and hair care brands from Procter & Gamble for $12.5bn, the two companies have seen very different reactions from investors.
Share prices in Coty have risen significantly as rumors gather pace that the company has won out in the bidding war to buy part of Procter & Gamble’s beauty portfolio.
Direct sales skin care player NuSkin has posted results in line with company estimates, but the US-based business was impacted by currency translations on its significant exposure in Asia.
Nu Skin is continuing to feel the fall-out from its China sales ban earlier in the year, while fourth quarter results are further impacted by the trial offer launch for its TR90 in the same period for 2013.
International skin care player Nu Skin announced 2015 revenue forecasts below market expectations during its annual investor conference, but the company is continuing to expand in China.
Nu Skin share prices have continued to take a beating following the release of results on November 4th that showed a big drop in profits and a weaker outlook.
Luxury international cosmetics player Estée Lauder posted record-breaking fourth quarter and full year results that show the company is continuing to lead the field.
Skin care specialist Nu Skin says continued problems in its China operations have weighed heavily on its second quarter results, causing revenues and profits to fall.
Although growth in the Asia Pacific region still remains robust for L’Oréal, it continues to show signs of slowing as the company's second quarter results also reveal that the strength of the Euro is taking its toll on doing business in the region.
Following a financial year where Procter & Gamble has seen its sales continue to slide, the company has announced that it will slash the size of its product portfolio by more than half in an effort to make the business more efficient.
Shiseido says it plans to dispute tax penalties relating to income over a five year period from its US Subsidiary that is alleged to have not been declared.
Nu Skin reveals first quarter results showing continued signs of very strong growth, but the company says that forecasts for the full year are difficult following the ban on sales in China.
Estée Lauder has reported a very strong third quarter, with gains in the Asia Pacific region being led by China, Japan, Hong Kong, Taiwan and Australia.
On the back of its second quarter results, Energizer says it will split its business into two independent publicly traded companies, one for personal care and the other for its household division, focused on Energizer batteries.
Colgate-Palmolive has reported a difficult quarter, with profits hit by economic troubles in Venezuela and revenues impacted by negative currency translations.
A new market report by research firm China Research and Intelligence notes that total sales revenue of the China cosmetic industry reached CNY 260 billion in 2013, and the analysts attributed this growth to rising resident income.
Avon released fourth quarter results showing that sales continue to slide at an alarming rate, just as it also announces a big hit from its bribery investigation.
Dabur India, one of the leading domestic providers of personal care in India, has reported a strong surge in third quarter on the back of strong oral care and toothpaste sales.
Hindustan Unilever, the Indian operating arm of Anglo-Dutch consumer giant Unilever, reported a big sales increase and an even bigger hike in net income on the back of strong personal care sales.
Direct sales skin care specialist Nu Skin has posted big first quarter revenue gains as the company’s anti-aging range, ageLOC, continues to take off worldwide and sales in Greater China boom.
Direct sales player Nu Skin has revealed record breaking quarterly results that show anti-aging products and revenues, with China and Korea showing the biggest gains.
Global direct sales players Nu Skin has reported a significant jump in its third quarter revenues, underlining the fact that strong sales in South Korea and Japan made the Asia Pacific region a hot spot, although sales in the North Asian wobbled on currency...
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.
A resurgence in skin care sales and a good performance in the US helped cosmetics giant Estée Lauder post an increase in profit for its third quarter ended March 31, 2012.
Avon Products reported a big fall in its first quarter profits as sales for the period dropped again on the back of a shrinking direct sales workforce.
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.
Global oral care player Colgate-Palmolive has announced continued strong sales growth for its Q4, but although profits are hit by a tax charge, the underlying trend is also up.
Estee Lauder reported a double digit rise in revenues and almost doubled its net profits for the fourth quarter, but rising commodity prices and economic instability make the future look uncertain.
Ahead of Procter & Gamble’s fourth quarter results, out tomorrow, analysts believe that the overall performance will be strong, driven by emerging markets, but developed markets will be weak.
Shiseido’s big push into international markets is rewarded by increased revenues in the first quarter, while debt is cut back as the company recovers from the impact of natural disasters.
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.
Global skin care specialist Nu Skin says that first quarter sales could return to the record rates seen earlier in 2010, despite significant troubles in the Japan market.
IFF reported strong sales and profits growth in Q4 for both its fragrance and flavors divisions on the back of big gains in its Latin America and Greater Asia markets.
The company reported healthy growth in both sales and profits for the fourth quarter, although growth has declined over the course of the financial year.
Fourth quarter sales and net income for the beauty business of the Tupperware group was up on last year but its US operations still recorded a drop in sales.
A significant drop in profit and weaker domestic sales in the first nine months of 2010 has led Japanese-headquartered Shiseido to lower its forecasts for the full year.
Consumer goods giant Kimberly-Clark announced a slight increase in both its organic and like-for-like sales and will focus on restructuring its pulp and tissue division.
Ingredients player United Guardian has released financial results for the first nine months of the year that reveal personal care is the driving force behind its strong growth.
Utah-based Nu Skin has announced a 15 percent increase in its fourth quarter sales, driven by the international roll out of its ageLOC anti-aging platform.
Avon Products reported above market average sales growth for the third quarter, a result that was driven by strong growth in new markets that helped to offset falling North American sales.
BASF has reported a big leap in both earnings and sales for the second quarter, although the results compare to a much weaker performance last year and the outlook is more subdued.
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