Germany-based personal care provider Dr. Scheller says it is in advanced negotiations to sell its Eislingen production facility to contract manufacturer Weckerle Cosmetics.
Founded in a period of economic upheaval in 1837, Procter & Gamble has thrived in good and bad times but in the latest quarter the company has struggled to avoid the fallout from the spreading recession.
Household and personal care provider Energizer Holdings says a solid first quarterly performance for personal care has helped buoy an otherwise poor sales performance.
Inter Parfums has left its sales forecast for the year ahead unchanged despite reporting a 16 per cent decline in turnover to $100.6m for the final quarter of 2008.
Hotel toiletries maker Gilchrist & Soames is bucking the trend for closures and job losses by announcing a $3m expansion plan to expand its Indiana-based manufacturing facilities.
Pro-Tect has acquired the rights to a nanotechnology method from Medivices Corporation that it plans to use to speed up the penetration of anti-aging ingredients.
Elizabeth Arden is the latest cosmetics company to cut its sales and earnings forecast, leading its share price to plummet to the lowest it has been in 9 years.
Luxury cosmetics giant Estee Lauder says it is lowering its expectations for the quarter ending 31 December and the full fiscal year ‘to reflect the deteriorated global economic conditions’.
Direct sellers stand to benefit during a recession as recruiting sales representatives gets easier and consumers turn to low price products, according to the US Direct Selling Association (DSA).
L’Oreal has been trading on past glories and is beginning to pay the price for years of mismanagement, according to a new report from Bernstein Research.
Freedom2 has merged with eFoodSafety.com to create a new company serving the health and skin care markets and help fund the development of applications for its encapsulation technology.
The December trade retail sales figures from the US Department of Commerce reveal that the personal care category is a shining star amid poor overall figures.
Parlux preliminary sales rose six percent during its all-important third quarter, but the company aims to cut costs to offset a sharp fall in sales to overseas customers.
Second quarter sales fell by 4 percent for hair care provider Regis, as the deconsolidation of its European franchise hit hard, further impacted by the economic climate.
ColepCCL, which supplies the personal care industry with aerosol based products, has completed the acquisition of Czewo Full Filling Service in order to fulfil the growing demands for outsourcing.
Development and marketing company Greyson International says it is on course to sign a licensing agreement for its Trilexon delivery system and is readying a new product.
Despite consumer goods prices falling by a record 1.7 percent in November, retail prices for the personal care category are holding their own, according to US government statistics.
To navigate through the economic gloom, cosmetics companies should turn to Austrian economist Josef Schumpeter who once compared the Great Depression to a ‘good cold shower’.
American Hollywood A-lister Teri Hatcher has hit back at skin care company Hydroderm, counter-suing over claims that she did not fulfill contractual obligations to promote the brand.
Procter & Gamble says it is still on course to increase organic sales during the October-December quarter, but says growth will be below original estimates.
Global consumer goods player Sara Lee say it is outsourcing parts of its North American and European finance, information and procurement services as part of its restructuring.
US cosmetics and fragrance retailer Ulta Salon says that its profits held up well for the most recent quarter, but the company downgrades expectations as storm clouds gather.
Procter & Gamble continues to extend its lead in the list of the top ten publicly traded global personal care players, according to their performances in 2007.
Global fragrance player Inter Parfums says the continued strength of the dollar is likely to hamper full year financial results for its US-based oeprations.