Archives for May 1, 2005

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Colgate-Palmolive profits hit by restructuring

Despite global sales rising 9.5 per cent Colgate-Palmolive has reported an 11 per cent drop in net profits for its first quarter results. However, the company said that increased advertising expenditure had managed to ensure sales increases in every...

Bio-Vel claims first anti-aging system for men

Nevada-based Bio-Vel Technologies says it has launched the first anti-aging skin care system designed and marketed exclusively for men onto the US market. The range includes a number of innovative ingredients aimed at tapping into the growing market...

Specialty format steals department store beauty dollar

Sales of Beauty products in the US are mustering only small increases at the moment. But as the face of US retail changes, it is the specialty and discount stores that are winning market share from the more traditional department store format, reports...

P&G increase first quarter sales by 10 per cent

P&G appears to be going from strength-to-strength, with the announcment that it has increased its first quarterly sales by 10 per cent, exceeding market expectations. Analysts say that the performance is proof of the company's success in combatting...