Beiersdorf is still reeling from the downturn in its non-personal care operations, but the improvement in the group’s business operations overall is quicker than expected.
Revlon revealed falling sales during its third quarter, underlining tough retail conditions and the strength of the dollar against international currencies.
The world’s biggest consumer goods company, Procter & Gamble, is readying to reveal whether or not it has turned the corner with its first quarter results.
Simple, one of the leading skin care brands in the UK, has been put up for sale by private equity group Duke Street Capital with an estimated value of £250m.
Hair and skin care specialist Alberto Culver said its fourth quarter sales were hit by currency translation and profits were down, but the results beat expectations.
Inter Parfums announced that its third quarter sales fell by 5 per cent as it continued to be hit by both the strength of the US dollar against the euro and slow retail markets.
Ingredients supplier Botaneco will be widening its offering to specialize in natural ingredients and formulations following the merger with health sciences company Advitech.
Directs sales anti-aging skin care specialist Nu Skin says that its most recent quarterly results show sales growth despite the slow retail environment.
LVMH reported better than expected results, with Christian Dior fragrance doing well and robust sales in China making up for weakness in other business areas.
US prestige cosmetics player Estee Lauder says it expects better sales and ‘significantly’ higher profits for its soon-to-be announced first quarter results.
Despite a slow start to its financial year, Swiss fragrance and flavours group Givaudan says business has picked up in the last six months, pointing to a recovery.
As consumers feel the pinch of a global recession they often look to private label goods as a way to save a few pennies. Couple this with the lower overheads and financial outlay offered by contract manufacturers and the sector seems to have a winning...
With its main markets in developed countries still struggling under the strain of the economic downturn, Beiersdorf CFO Bernhard Duetmann says the business is not out of the doldrums yet.
Sally Beauty, a leading supplier to the professional hair care industry worldwide, has acquired professional beauty supply distributor Schoeneman Beauty.
New York-based luxury cosmetics provider Borghese is tapping into its kudos amongst the fashionista by signing a licensing agreement with eyeware maker Icon Eyeware.
Helen of Troy says particularly strong sales for its personal care segment, backed up by an even stronger performance from its household goods division, helped boost quarterly profits.
Germany-headquartered industrial giant Evonik has agreed to sell its specialty division Alzchem, if the company’s board and Germany’s cartel office agree.
Consumer goods giant Procter & Gamble expects to return to organic sales growth by the end of the year after reporting two quarters of organic sales declines.
Danisco has completed a 1,500 tonne expansion of its cellulose gum production capacity to make way for a new range of products for use in bakery, beverage and dairy, as well as oral care and pharmaceuticals.
Despite cries of the ‘lipstick effect’, the cosmetics and personal care industry has not been protected from the economic downturn and some analysts argue recent alterations to the market and changes in consumer behaviour might be here to stay.
Hopes of a recovery in consumer spending linked to the election of the Democratic Party of Japan has led analysts to up the outlook for Japanese firm Shiseido’s domestic sales.
L’Oreal has announced a 14 per cent drop in its first half profits as a gradual rise in sales helps get the global cosmetics player back on track, beating market forecasts.
A class action was officially filed in the US district court in California this week against directors and executives at Bare Escentuals, accusing them of misleading investors.
Kose, one of Japan’s biggest cosmetic and personal care providers, says it will start to focus on developing international markets to counterbalance weaker developed markets.
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