The Canadian subsidiary of Valeant Pharmaceuticals is set to acquire Vital Science Corporation which will add a number of over the counter anti-aging brands to its offering.
French cosmetics player L'Occitane says its recent IPO has helped it to raise HK$5.5bn (€553m) as part of efforts to target expansion in the fast growing China market.
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.
First quarter profits were down for the global consumer products company as it was hit by price discounting and added promotional expenses to support new product launches.
Hair and skin care provider Alberto-Culver has reported a double-digit rise in group sales, despite the fact that sales in the US market fell during the period.
L’Oreal says that it is in ‘no hurry’ to sell off the 8.97 per cent stake in France-based consumer health care and pharmaceuticals player Sanofi-aventis.
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.
Kimberly-Clark registered sales growth of 7.6 percent for its first quarter, boosted by a steady increase in organic sales and positive currency translations.
Johnson & Johnson has reported poor US sales for its first quarter, but the overall result is boosted by a stronger overseas performance and currency translations.
L’Oreal has been acknowledged for its efforts on sustainable development several times in the past year and its recently published annual report stresses how this area will continue to be a core focus for the business.
Third quarter preliminary results for salon hair provider Regis show that sales continued to slip for the third quarter, although the drop is not as pronounced as previous results.
With recent industry financial results indicating that the worst of the economic crisis might be over, the first quarter of 2010 has in turn been marked by a flurry of M&A activity.
The board of directors at consumer products company, Prestige Brands Holdings has appointed Eric Klee to the position of general counsel and secretary.
The sale of Liz Earle to Avon and Bare Escentuals to Shiseido reinforces experts' predictions that bigger players will make moves on smaller natural personal care players in 2010.
Following strong sales and profit growth in the past two quarters, investors are focusing on Ulta stocks as the outlook for the discount beauty retailer continues to improve.
Helen of Troy has announced the completed acquisition of the Pert Plus hair care and Sure anti-perspirant and deodorant businesses from Innovative Brands.
Investment company Heliad Equity Partners has acquired an indirect 40 per cent interest in Germany-based cosmetics producer Baden-Baden Cosmetics Group.
US-headquartered cosmetics company Avon has acquired natural skin care brand Liz Earle in an attempt to broaden its position in the anti-aging skincare market.
Japan-based personal care giant Shiseido says it is targeting further growth in the fast-growing Chinese market by focusing on the luxury professional hair care market.
California-based oral care provider Dr. Fresh has made the leap into the natural oral care market with the acquisition of Dr. Ken’s Floss and Go product line.
Global oral care giant Colgate-Palmolive has announced that the impact of the Venezuelan currency devaluation earlier this year will cost the company $275m.
Kimberly-Clark has weathered the economic storm relatively well compared to the other big personal care players, prompting the company to paint a rosy long-term forecast.
Flavour and fine ingredients manufacturer Frutarom has reported a drop in sales and profit for 2009 although the fourth quarter shows signs of recovery.
Following a succession of weak financial results some, of the biggest players in the personal care industries are pointing to sustainability measures as a means of exiting the recession.
Beauty and over-the-counter medical provider Hypermarcas is increasing its footprint with the announcement that it is acquiring three new businesses this week.
Personal care player Helen of Troy is to acquire the Pert Plus hair care and Sure anti-perspirant and deodorant businesses from consumer products company Innovative Brands.
The Brazil government has threatened to introduce trade sanctions against US produced cosmetics in retaliation over subsidies the US government is paying to its cotton farmers.
Personal care sales help to propel Beiersdorf to the close of a tough year, underlined by the fact that the company outperformed average market growth.
Specialty chemical company Lubrizol has appointed Rick Tolin to the position of global business director of personal care and home care for Noveaon Consumer Specialties.