US-based International Flavors & Fragrances recorded a 17 percent increase in first quarter revenue, aided by robust Fragrance sales and a strong performance from both divisions in Asia.
Colgate-Palmolive has announced strong sales growth for its first quarter, driven by robust overseas sales, but tax charges relating to the Venezuelan currency devaluation hit profits.
Direct-seller Avon has reported a 14 percent increase in first quarter revenue aided by double digit sales growth in the company’s strongest markets; Europe and Latin America.
The US headquartered company has reported a drop in sales and net income for the year and warns of the effect of the Venezuelan currency devaluation on the coming year.
Procter & Gamble has delivered net sales growth of 6 percent for its second quarter, with strong unit volume sales growth indicating its brands are back on track.
Oral care provider Colgate-Palmolive has benefited from strong fourth quarter sales growth and positive foreign currency effects, leading it to report a substantial profit increase.
Sally Beauty says it has expanded its footing in the international salon market with the acquisition of Belgium-based wholesale distributor Sinelco Group.
Revlon revealed falling sales during its third quarter, underlining tough retail conditions and the strength of the dollar against international currencies.
Directs sales anti-aging skin care specialist Nu Skin says that its most recent quarterly results show sales growth despite the slow retail environment.
Lower costs boost second quarter profits for soap and toothpaste maker Colgate-Palmolive, despite the fact that global sales fell on the strength of the dollar.
Amongst the economic doom and gloom Anglo-Dutch personal and household care provider Reckitt Benckiser has posted strong sales growth backed up by impressive profits.
British health and beauty player Boots Alliance says that preliminary results for the first six months of the year ending in September show sales up 11.7 per cent.
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.
Maesa (previously Parfum d'image) has announced plans to create a
Shanghai subsidiary to expand the company's business in China after
successful first quarter results.
Despite Estee Lauder reporting a healthy increase for its first
quarter sales, profits have been hit by lower operating income as a
result of increased marketing expenses and falling US sales.
Avon's turn around is starting to happen, after the company
reported a 9 per cent boost in sales for the fourth quarter on the
back of strong fragrance and color sales.
Not only has the acquisition of Gillette helped global giant
Procter & Gamble to boost its sales, subsequent synergies and
consolidation have helped the company achieve strong profit growth.
Cosmetic and fragrance giant Elizabeth Arden posted a quarterly
loss on Friday, as it was hit by restructuring costs, but with
marketing spend lower than expected and sales still strong, the
underlying results appear to be solid.
Despite sales rising significantly, profits at Avon have been hit
by a rising ad spend, restructuring costs and charges relating to a
tax dispute in the company's UK arm.
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.
Although sales are still growing strongly, Estee Lauder has posted
a 27 per cent drop in its net income after being impacted by
restructuring charges. But the company says that it is terrorism
threats that could pose a significant...
Tupperware Brands, the US-based retailer of kitchenware, cosmetic
and beauty products, has announced a disappointing second quarter
in Europe and the US, further exacerbated by falling cosmetic and
beauty sales.
Avon has reported a 67 per cent drop in its first quarter net
income as restructuring charges aimed at reinvigorating sales hit
the company's bottom line.
Direct sales giant Avon has reported a 36.7 per cent drop in its Q4
income as it tackles fierce competition and rising costs. The
disappointing results coincide with the decision to pull out of the
Indonesia market, which also knocked...
Kimberly-Clark has reported that its price rises have helped to
off-set soaring energy and raw material costs, allowing it to meet
market expectations for the third quarter.
The gap is growing between Avon's leading market, the US, and the
rest of the world, as growth in both second quarter revenue and net
income continues to prop up a sagging domestic performance. But a
dip in China sales and slower...
The maker of the Nivea brand has announced first quarter sales
broadly in line with the previous quarter, but a small increase in
profits helped the company to achieve a respectable bottom line,
reports Simon Pitman.
Avon has announced a significant increase in its first quarterly
sales, leading to an even bigger jump in net profits. Although the
UK market registered a slump in sales, it was the central and
eastern Europe markets where extraordinary...
Liz Claiborne has reported a strong final quarter for its financial
year 2004, but a mixed performance for its cosmetic revenues clouds
an otherwise good year for the US fashion house.
US personal care company Nu Skin's net income suffered from a
conference payment in Q4, but the company was happy with the large
revenue it brought in during the period.
Avon has reported that sales grew ten per cent during 2004,on the
back of a continued growth during the fourth and last quarter. But
currency weakness and a slack US market continue to hamper
otherwise healthy results.
Nu Skin Enterprises, a worldwide direct seller of personal care
products, has reported a 20 per cent increase in net revenue.
Foreign currency fluctuations, product launches in the US and
momentum in Mainland China have all been attributed...