Parlux registered a small increase in sales on big gains in the US market, but international sales continue to fall, and the company remains in the red.
US district judges have ruled that relatives of the Gucci family can no longer market products using a similar trademark to that used by the Gucci business.
International Flavors and Fragrances’ (IFF) bottom line has suffered significantly from weakening sales, particularly with respect to the fragrance division and restructuring costs.
The perfume and cosmetics division of luxury goods player Moët Hennessey Louis Vuitton (LVMH) suffered sales losses in the first half of 2009 but stood up better than its wines and spirits segment.
Although the company’s adhesives business has been battered by the recession, Q2 sales for its personal care operations were buoyed by developing markets
Fragrance and flavour supplier Givaudan blames a drop in sales on destocking and lower consumer demand, although it said second quarter results show a slight recovery.
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.
A strong performance from the company’s consumer care division helped the specialty chemicals player battle through tough conditions in its first six months.
International fragrance player Inter Parfums posts a big drop in its second quarter sales on a poor performance in the US market, compounded by currency translation.
Sales for the beauty segment of the direct seller Tupperware dropped in the second quarter, although emerging regions stood up better than developed markets.
Color cosmetics company Bare Escentuals is being accused of artificially inflating the company’s share prices by providing misleading information to the public.
Brazilian cosmetics player Natura said that its recently announced share offering is likely to raise in excess of $800m as Brazilian and US investors clamor for shares.
A leading analyst has released a note to investors suggesting that Procter & Gamble may be scouting around for a major acquisition in an attempt to boost sales.
Helen of Troy has reported a significant rise in its first quarter earnings, despite the fact that the economic downturn led to lower sales in its personal care division.
Beiersdorf has invested €10 million to expand a factory in Bangplee, Thailand in order to double the manufacturing capacity of its Nivea products and capitalize on the fast expanding South East Asian market.
Dow Chemical Company’s restructuring plan involves the shut down of a number of manufacturing plants in the company’s basics portfolio, in favor of a shift towards specialty chemicals.
Specialty soaps and skin care provider Crabtree & Evelyn has filed for bankruptcy in the US, becoming the latest personal care player to fall victim to the economic crisis.
An IPO for leading China hair care BaWang has triggered investor interest that saw shares traded at the top end of forecasts, raising €152m for the company.
Dallas-based Kimberly-Clark says it wants to increase the number of job cuts to 1,600 following an earlier announcement that it was aiming to cut 1,000 staff.
A Mintel analyst has warned that Procter & Gamble (P&G) must commit significant resources to build the premium male grooming market and turn its recent acquisitions into a success story.
Noveon, the consumer specialities division of Ohio-based Lubrizol, has reorganised its team leaders in an attempt to improve innovation and accelerate business development.
Hair colour maker Hoyu is set to buy a controlling stake in former Kanebo spin-off company Kracie Holdings for about 25 billion yen ($261m), according to press reports.
The forthcoming sale of Sara Lee’s household and personal care business will be blocked to bids from two leading private equity firms, according to sources.