Breaking News on Cosmetics Formulation & Packaging - Europe US edition

Henkel’s profits surge but sales fall in second quarter

06-Aug-2009 - Henkel’s second quarter operating profit jumped from last year’s figures although sales slowed slightly.

Unilever sales volumes rise on discounting

06-Aug-2009 - Unilever has seen its sales volumes for the European market rebound on heavy discounting, although net profits continue to dive.

Flavours and fragrance market to shrink, says Symrise CEO

06-Aug-2009 - Symrise CEO predicts continued shrinkage in the fragrance and flavour market as acquisitions prop up first half sales and weigh down profits.

LVMH cosmetics and perfume sales fall but increase on first quarter

05-Aug-2009 - The perfume and cosmetics division of luxury goods player Moët Hennessey Louis Vuitton (LVMH) suffered sales losses in the first half of 2009 but stood up better than its wines and spirits segment.

Colgate sues over use of Total brand name

04-Aug-2009 - Oral care giant Colgate-Palmolive is suing both Johnson & Johnson and Chattem over claimed misuse of its toothpaste brand Total.

Givaudan first half sales drop although it sees ‘encouraging recovery signs’

04-Aug-2009 - Fragrance and flavour supplier Givaudan blames a drop in sales on destocking and lower consumer demand, although it said second quarter results show a slight recovery.

Personal care holds up for Beiersdorf as adhesives slump

04-Aug-2009 - Although the company’s adhesives business has been battered by the recession, Q2 sales for its personal care operations were buoyed by developing markets

L’Oreal results point to sales recovery in Q2

31-Jul-2009 - L’Oreal says that robust sales in emerging markets helped to boost preliminary results for the company in its most recent quarter.

Restructuring costs hit Avon second quarter profits

30-Jul-2009 - Avon has announced a 65 percent drop in profits as charges for its tough restructuring program bites into the company’s bottom line.

Restructuring charges hit Revlon results

30-Jul-2009 - Color cosmetics maker Revlon said restructuring charges led to the company bearly breaking even in the second quarter.

News in brief

Restructuring and strong sales boost Nu Skin

29-Jul-2009 - Direct sales player Nu Skin sales strong skin care sales and restructuring have both helped to boost second quarter results.

Alberto Culver profits increase on cost cutting

28-Jul-2009 - Global hair care leader Alberto Culver has announced a big rise in profits on account of significant cost cutting measures.

Personal care helps Croda battle recession

28-Jul-2009 - A strong performance from the company’s consumer care division helped the specialty chemicals player battle through tough conditions in its first six months.

Kimberly-Clark sales down but outlook up on lower costs

27-Jul-2009 - Personal care giant Kimberly-Clark says net sales fell 6 per cent during its second quarter but says cost savings should boost full year results.

Tupperware’s beauty sales struggle especially in developed markets

23-Jul-2009 - Sales for the beauty segment of the direct seller Tupperware dropped in the second quarter, although emerging regions stood up better than developed markets.

Avon’s second quarter will be hit by large restructuring costs

23-Jul-2009 - Avon’s second quarter results will be impacted by approximately $90m in costs related to job losses and plant closures.

Bare Escentuals accused of inflating share prices in lawsuit

22-Jul-2009 - Color cosmetics company Bare Escentuals is being accused of artificially inflating the company’s share prices by providing misleading information to the public.

P&G close to finding buyer for its pharma unit

22-Jul-2009 - Procter & Gamble (P&G) is close to finding a buyer for its pharmaceutical division for around $3bn according to various media reports.

Natura share offering set to raise big money for next round of investment

16-Jul-2009 - Brazilian cosmetics player Natura said that its recently announced share offering is likely to raise in excess of $800m as Brazilian and US investors clamor for shares.

Johnson and Johnson sales hit by tough retail environment

15-Jul-2009 - Leading pharmaceutical and personal care player Johnson & Johnson has been hit hard during its second quarter by the global economic recession.

News in brief

Evonik targets Southeastern US with new distribution agreement

15-Jul-2009 - Ingredients supplier Evonik Goldschmidt has entered into a distribution agreement with Glenn Corporation to target a number of Southeastern sates in the US.

Analyst tips P&G for major acquisition

15-Jul-2009 - A leading analyst has released a note to investors suggesting that Procter & Gamble may be scouting around for a major acquisition in an attempt to boost sales.

Gerresheimer cuts forecast on weak cosmetic packaging sales

15-Jul-2009 - Gerresheimer has cut its forecast for 2009 after a poor second quarter that saw gains made in drug packaging pegged back by falling demand from the cosmetics industry.

Parlux turnover down although department store sales look strong

13-Jul-2009 - Weak international sales drag down a respectable domestic performance for fragrance manufacturer Parlux in the quarter ending June 30.