Clarins, one of the last sizeable independent cosmetic companies,
has offered to buy back outstanding shares in an effort to delist
from the Paris Bourse.
International cosmetics giant Estee Lauder is aiming to increase
its presence in the fast growing market of India by targeting the
country's biggest cities.
Estee Lauder Cosmetics has filed a lawsuit against fragrance maker
Preferred Fragrance for alleged trademark infringements of its
Clinique brand perfume products.
L'Oreal, the world's largest cosmetics group, has received approval
from the European Commission for its €1.15bn acquisition of Yves
Saint Laurent Beauté.
BASF Corporation is the latest leading specialty chemicals
manufacturer to announce major price hikes among its offerings to
the personal care industry.
Global fragrance maker Parlux has announced a significant boost to
its full year results ending in March thanks to revised market
focus and restructuring programme.
Having acquired Kanebo Cosmetics in 2005, the logistics operations
for the two businesses are now in the throes of a massive
integration operation as part of aims to fully synthesize the
business.
Sea-derived skin care player H2O Plus says that Goldman Sachs Urban
Investment and Cordova, Smart & Williams have made a
significant investment in the company to help it expand.
Faces Cosmetics has appointed a new CEO for international
markets who will be charged with growing the business in
some of the world's fastest growing developing markets.
Recent financial results from leading cosmetics firms have been
mixed but historical data from Kline suggests the US downturn may
give them reason for cheer.
Fragrance and flavours supplier Givaudan has signed a partnership
with Colgate-Palmolive which will allow it to collaborate with the
personal care company on future products.
Helen of Troy's personal care division continued to struggle in the
fourth quarter reporting a 7.1 percent drop in sales that it blamed
on the tough retail environment.
A significant jump in sales has driven a fifty percent increase in
first quarter profit for Inter Parfums thanks to a successful
Burberry fragrance launch.
Kimberly-Clark has reported that its first quarter profits fell by
2.5 percent after being hit by higher cost pressures, despite a
strong increase in sales.
Atrium Innovations has sold its active ingredients and specialty
chemicals division to AXA Private Equity in a deal that will see it
concentrate solely on the health and nutrition field.
Church and Dwight has announced plans to acquire Del
Pharmaceuticals, the maker of oral analgesic product brand Orajel,
from global cosmetics and fragrance player Coty.
Procter & Gamble has acquired hair care brand Frederic Fekkai
in an effort to ensure continued sales and profit growth despite
the faltering US economy.
Global personal care player Kimberly-Clark has reached an agreement
to buy up the remaining stake in its South African affiliate from
the Lion Match Company.
Canada-based Euoko Group says it has completed a reverse
acquisition transaction for its luxury skin brand Euoko in a deal
that that aims to give the company greater independence in order to
tap into market growth.
The market for skin care, fragrance and colour make-up in France -
one of the biggest in the world - has shown significant growth
thanks to strong marketing and retail campaigns.
The world's largest cosmetics company, L'Oreal, has acquired a 50
per cent controlling stake in the beauty business Le Club des
Createurs de Beaute, currently owned by 3 Suisses International.
Revlon has reported fourth quarter results which saw it swing back
into profit following the withdrawal of its Vital Radiance color
cosmetics line and the introduction of cost saving initiatives.
Health and beauty products are being targeted by organized crime
rings and resold on internet sites, according to the National
Retail Federation (NRF).
Givaudan achieved savings by integrating Quest International ahead
of plan, increasing its product portfolio and allowing it to
refocus on higher value-adding ingredients.
New York-based Multi Packaging Solutions has acquired Great Western
Industries in an attempt to branch out into the cosmetics and
fragrance packaging market.
Jason Natural owner Hain Celestial has reported a 20 percent
increase in sales for the second quarter indicating that strong
growth potential remains in the natural and organic market.
Despite the tough retail conditions in the US Estee Lauder has
recorded particularly strong sales and net profits for its second
quarter thanks to solid international sales boosted by a weak
dollar.
France-based personal care contract manufacturer Parfum d'image has
changed its name to MAESA, reflecting its more global scope
following a recent business acquisition in the US.
French cosmetics giant L'Oreal has made a €1.15bn offer to buy YSL
Beauté from PPR's Gucci Group in an attempt to strengthen its
presence in the luxury market.