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US appeals court overturns dismissal of Avon lawsuit

02-Jul-2004 - The California Court of Appeals has overturned two rulings that had dismissed a class-action lawsuit that alleges direct-selling cosmetics company Avon inflated figures in its financial reports by accounting for shipments dispatched to representatives who had not ordered the products.

Clarins ends P&G distribution deal, concentrates on own fragrances

30-Jun-2004 - Clarins has announced that its contract to distribute fragrances for Procter & Gamble in the United States would come to an end on 31 December 2005, in a move that would allow it to concentrate on its own fragrance brands, Clarins, Thierry Mugler and Azzaro.

Radiancy postpones flotation

28-Jun-2004 - Skin care company Radiancy has decided to postpone its London Stock Exchange listing until the autumn in order to take account of increased interest in its hair removal product.

Disappointing 1Q for The Body Shop

25-Jun-2004 - British based cosmetics retailer The Body Shop has said its UK business continues to provide cause for concern after first-quarter sales dipped 4 per cent.

Church & Dwight Elects Craigie President & CEO

18-Jun-2004 - The maker of Arm & Hammer toothpaste, Church & Dwight, has elected a new president and chief executive officer. James Craigie, who also takes a seat on the board, will succeed Robert Davies, who will remain as chairman.

Parlux reports sales and profits rise

18-Jun-2004 - Parlux Fragrances has reported that its financial year 2004 earnings rose 14 per cent to US$6.3 million (€5.2 m), from US$5.5 million (€4.5), last year.

Unilever sells minority stake in Elizabeth Arden

16-Jun-2004 - Unilever has sold its 9 per cent stake Elizabeth Arden, which has closed its offering of about 2.5 million common shares at US$19.50 (€16.14) per share, including over-allotment option exercised by investment bank Morgan Stanley.

Inter Parfums and Lanvin sign licensing agreement

16-Jun-2004 - Inter Parfums has announced a worldwide license agreement with Lanvin to create, develop and distribute fragrance lines under the Lanvin brand name over the next 15 years.

Virgin Cosmetics sales up 15 per cent

16-Jun-2004 - UK-based Virgin Cosmetics' parent company Victory Corp made a pretax profit in the year to end March 2004. The company said its profitability was helped by Virgin Cosmetics' sales and that trading levels in the first eight weeks of the current financial year are encouraging for cosmetics.

Stellar prospects for Radiancy's London stock exchange flotation

14-Jun-2004 - Skincare technology company Radiancy aims to raise £30 million (€45 m) through its flotation on the London Stock Exchange next month. One look at Radiancy's corporate profile tells you that it is a small company with big ideas and ambitions; after all, how many companies do you know who quote Star Wars' Yoda as part of their company philosophy?

Procter & Gamble confirms Wella domination and profit transfer agreement

14-Jun-2004 - Procter & Gamble has reportedly agreed to pay majority shareholders a cash price of €3.2 billion in consideration for a 77.6 per cent stake in the German beauty and hair care company Wella.

Avon announces financial and international strategies, earnings increase

10-Jun-2004 - Avon raises its earnings forecast and announces new cash management and tax strategies that will see more of the US-headquartered company's international earnings remain offshore, taking advantage of overseas sales and profits growth, writes Louise Sheridan.

Elizabeth Arden posts Q1 loss

04-Jun-2004 - Elizabeth Arden has posted a Q1 loss smaller than that reported for the same period last year. The narrowing of losses was driven by favourable foreign currency exchange rates and an increase in sales of both higher margin fragrance brands and at airports.

Church & Dwight completes acquisition of Armkel

03-Jun-2004 - Owners of the Arm & Hammer brand name Church & Dwight has reported that it has completed the previously announced purchase of the remaining 50 per cent of Armkel that it did not previously own.

Henkel completes purchase of Indola from Alberto-Culver

03-Jun-2004 - Alberto-Culver has announced that it has completed the sale of its Indola professional hair care business to Henkel. The transaction, effective 1 June 2004, is the latest in a series of mergers and acquisitions in the salon hair care product sector, as the major players have reacted to disappointing market performance with a series of consolidations.

Peacocks acquires The Fragrance Shop UK perfume chain

02-Jun-2004 - Privately-owned UK perfume chain The Fragrance Shop is to be acquired by Welsh company Peacock Group, owner of Peacock and bonmarché clothes stores.

Omega Pharma to acquire personal care brands from Pfizer

02-Jun-2004 - Omega Pharma has agreed the acquisition of a portfolio of 60 European over-the-counter and personal care brands from Pfizer for €135 million in a transaction to be completed around the end of June 2004.

Parlux signs up Paris Hilton for fragrance

01-Jun-2004 - Parlux has announced that it has signed an agreement with Paris Hilton to develop, manufacture and distribute fragrance and related product lines under her name.

US judge defers final hearing in alleged price-fixing cosmetics case

01-Jun-2004 - A US judge has rescheduled for 13 July 2004 a final hearing that was due to take place this week in the US$175 million (€143 m) cosmetics settlement group action.

Nivea and TalkSport bank on a match made in heaven for Euro 2004

26-May-2004 - Nivea has reportedly signed a half million pound (€0.75 m) deal with TalkSport to sponsor the UK commercial radio station's coverage of the Euro 2004 tournament and promote its new Nivea for Men Sensitiv product range, writes Louise Sheridan.

Natura's successful IPO is oversubscribed, share prices rise

26-May-2004 - Shares in Natura Cosmeticos stock, which was listed on Brazil's Novo Mercado, Wednesday, rose 12 per cent in heavy early afternoon trade as the country's first IPO in more than two years proved popular with investors, writes Louise Sheridan.