Sara Lee outsources as part of restructuring bid
11-Dec-2008 By Simon Pitman
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.
Ulta Salon profits up despite retail market slow-down
08-Dec-2008 By Simon Pitman
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.
US companies dominate top 10 global personal care players
04-Dec-2008 By Simon Pitman
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.
P&G positions Pantene as affordable alternative to salon brands
03-Dec-2008 By staff reporter
Procter and Gamble is hoping to kick start one of its weaker sectors with an aggressive campaign focusing on one of its leading hair care brands.
Johnson and Johnson moves into the market for cosmetic procedures
02-Dec-2008 By Guy Montague-Jones
Johnson & Johnson (J&J) is inflating its already sizable frame with the acquisition of breast implant specialist Mentor for $1.07bn.
Inter Parfums downgrades estimates on strength of US dollar
25-Nov-2008
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.
Beiersdorf sells another brand to support cosmetics focus
25-Nov-2008 By Guy Montague-Jones
Beiersdorf has shed health support brand Futuro to 3M in order to concentrate its energies on beauty and skin care.
Dabur India strengthens skin care with acquisition
24-Nov-2008 By Katie Bird
India-based consumer goods company Dabur India is expanding its presence in the skin care market by taking a controlling stake in Fem Care Pharma.
Sally Beauty wobbles at the end of a solid year
20-Nov-2008 By Guy Montague-Jones
Sally Beauty Holdings has reported solid financial results for the fiscal year although profits failed to match the estimates of analysts.
Maesa reports strong sales growth despite European dip
20-Nov-2008 By Guy Montague-Jones
Contract manufacturer Maesa has reported a 34.2 per cent increase in consolidated annual revenues to €33.356m despite reduced sales figures in Europe.
Symrise strengthens fine fragrances with new senior perfumer
13-Nov-2008 By staff reporter
Symrise has strengthened its fine fragrance team with the appointment of a new perfumer recruited from Givaudan’s ranks.
Parlux hopes to attract young consumers with Marc Ecko fragrance
12-Nov-2008 By Katie Bird
Marc Ecko Enterprises is the latest lifestyle brand to be added to the fold at Parlux fragrances.
RCP Therapeutics plans cosmeceutical venture following investment
12-Nov-2008 By Katie Bird
RCP Therapeutics is set to recieve significant investment from a US-based venture capital firm which will lead to the spin off of a new company dedicated to cosmeceuticals.
Parlux results paint a mixed picture
06-Nov-2008 By Katie Bird
A sharp increase in sales led to a significant jump in net profits for the quarter, for Fort Lauderdale-based Parlux.
Elizabeth Arden reports loss but remains upbeat
06-Nov-2008 By Guy Montague-Jones
Elizabeth Arden is the latest beauty company to have reduced its sales forecast in anticipation of sluggish consumer spending.
RCP Therapeutics expands presence in cosmeceuticals segment
05-Nov-2008 By Simon Pitman
UK company RCP Therapeutics says the acquisition of licensed technologies will help towards the global launch of an innovative cosmeceutical range.
Profits soar but sales slow at Physicians Formula
05-Nov-2008 By Guy Montague-Jones
Physicians Formula has reported a substantial increase in profits for the third quarter although sales growth has stalled.
Revlon bottom line benefits from sale of Brazilian brands
05-Nov-2008 By Katie Bird
Revlon has moved further into the black this quarter helped by one off profits from the sale a Brazilian brand.
Dr. Fresh acquires oral care brands from Ascendia Group
04-Nov-2008 By Simon Pitman
US personal care player Dr. Fresh has bought up three oral care brands – Binaca, Tek and Dentax – from the Ascendia Group.
CVS Caremark launches prestige beauty store
04-Nov-2008 By staff reporter
CVS Caremark has opened its first Beauty 360 store in Washington with more locations planned for the future.
Flagship brand Nivea drives Beiersdorf results
04-Nov-2008 By Katie Bird
Good performance from Nivea helped keep Beiersdorf’s results up although costs relating to its Chinese operations may affect profits before the year is out.
Colgate reports strong results, bucking industry trend
03-Nov-2008 By Simon Pitman
Colgate has reported higher sales and profits, beating disappointing quarterly results from major competitors such as Unilever and Procter & Gamble.
L'Oreal cuts sales and profit forecasts
31-Oct-2008 By Guy Montague-Jones
A sluggish September has forced L’Oreal to cut its sales and profit forecasts for the financial year.
Avon profits miss expectations on economic turmoil
30-Oct-2008 By Simon Pitman
Avon has reported a strong rise in its third quarter profits, but poor North American sales spell missed market expectations.
Fragrance sales continue to disappoint for IFF
30-Oct-2008 By Katie Bird
International Flavors and Fragrances has reported a drop in profits this quarter due to higher input costs and a shift to lower margin products.
NuSkin continues to march on a high growth path
29-Oct-2008 By Guy Montague-Jones
Skin care specialist NuSkin continues to generate strong sales growth in the latest quarter despite concerns about lower consumer spending.
Global luxury market faces recession
29-Oct-2008 By Katie Bird
The global luxury market is facing its first recession in six years, according to a recent report from Bain and Company.
Procter & Gamble beats target, despite financial turmoil
29-Oct-2008 By Simon Pitman
The world’s biggest personal care player is continuing to beat the credit crunch on the back of retail price increases and a strong product mix.
Reckitt Benckiser results defy credit crunch
29-Oct-2008 By Simon Pitman
An increased advertising spend and new product launches have helped UK cosmetics player Reckitt Benckiser to weather tough economic conditions.
Estee Lauder drops annual expectations due to uncertain times
28-Oct-2008 By Katie Bird
Estée Lauder has lowered expectations for the year in the light of ‘extraordinary uncertainty’ in the global economy.
L'Oreal lets go of costly Welsh factory
28-Oct-2008 By Guy Montague-Jones
L’Oreal plans to cut 200 jobs at a Welsh factory, blaming unsustainable logistical costs associated with higher overseas sales and a decline in the UK supplier base.
Strong Latin American growth boosts Alberto Culver results
27-Oct-2008 By Katie Bird
Multi-cultural brands and growth in Latin America are behind the success of Alberto Culver’s fourth quarter.
Shiseido ups forecast but warns of tougher times ahead
24-Oct-2008 By Guy Montague-Jones
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.
New launches boost Inter Parfums' sales
24-Oct-2008 By Katie Bird
A number of new launches from the Van Cleef & Arpels and Lanvin brands have helped drive third quarter sales for Inter Parfums.
24-Oct-2008
Volatile input prices and recessionary gloom are forcing companies to rethink their business strategies. Jim Siewertsen, vice president of Access Business Group, discusses how cosmetics companies can protect their margins from turbulent economic forces.
Takasago expands presence in US fragrance market
23-Oct-2008
Takasago International Corporation has announced the acquisition of New Jersey-based Wessel Fragrances, in an attempt to increase its global footprint.
'Sluggish' markets hinder Tupperware's beauty sales
22-Oct-2008 By Katie Bird
Direct seller Tupperware has suffered from ‘sluggish’ economies in its established markets, particularly in the beauty sector.
Avon warns authorities of internal investigation
21-Oct-2008 By Guy Montague-Jones
Avon has informed federal authorities of an internal investigation into alleged irregularities surrounding expenses in China.
Ascendia sells off another personal care brand
15-Oct-2008 By Guy Montague-Jones
Struggling cosmetics firm Ascendia has sold baby care brand Baby Magic to Naterra International shortly after shedding its Ogilvie hair care brand.
LVMH believes growth will continue despite current crisis
15-Oct-2008 By Katie Bird
Perfume and cosmetics sales help luxury group Moët Hennessy Louis Vuitton LVMH report a strong third quarter.
P&G CEO claims company can ride the economic downturn
14-Oct-2008 By Simon Pitman
A.G. Lafley, CEO of the world’s largest personal care player Procter & Gamble has reassured investors that the company is in a strong position to weather the current economic storm.
Helen of Troy buys up Ogilvie hair care brand
13-Oct-2008 By Simon Pitman
Helen of Troy has bought the worldwide rights to the Ogilvie permanent and straightening brand hair care products from Ascendia Brands.
Helen of Troy announces poor second quarter
08-Oct-2008 By Simon Pitman
Sales are down and profits have been drastically hit for Helen of Troy’s second quarter results as the company’s personal care division feels the pinch.
Celebrity fragrances boost Parlux results
07-Oct-2008 By Katie Bird
Celebrity scents have boosted second quarter sales for Parlux Fragrances, which is currently launching Paris Hilton’s latest offering for the holiday season.
PhotoMedex acquires LED treatment manufacturer
25-Sep-2008 By Katie Bird
PhotoMedex has announced its acquisition of light-based treatment manufacturer Photo Therapeutics (PTL).
Clarins moves a step closer to delisting
25-Sep-2008 By Simon Pitman
French luxury beauty player Clarins says its holding company will proceed with a squeeze-out offer on September 26 to buy back the remaining shares it does not own.
Cosmeceutical skin care brand bought by software company
23-Sep-2008 By staff reporter
Marking an unusual diversification, Canadian cosmeceutical skin care brand Enhance Skin Products has been acquired by US software company Zeezoo.
Beauty consumers resist pressures to trade down
23-Sep-2008 By Guy Montague-Jones
There are few signs that consumers are switching to cheaper personal care products despite price rises and economic instability, suggests a US market report from Fitch ratings.
Procter and Gamble seeks tax refund from IRS
23-Sep-2008 By Katie Bird
Procter and Gamble (P&G) is suing the US Internal Revenue Service, claiming it has been overcharged in taxes.
Avon plans new distribution center in Brazil
22-Sep-2008 By Katie Bird
Avon has announced plans for a new distribution center in Sao Paulo, Brazil, in an attempt to meet growing demand in the region.
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