Budelpack Holding calls in adminstrators to save leading contract manufacturer from collapse

18-Feb-2009 - Budelpack Holding has called in the administrators putting the future of one of Europe’s largest contract manufacturers of cosmetics in doubt.

L'Oreal reports drop in sales as results miss target

17-Feb-2009 - L’Oreal has reported a fall in sales in the last quarter of 2008 bringing years of high growth rates to an abrupt end.

Consumer goods sector to up graduate recruitment in 2009

12-Feb-2009 - Consumer goods, including cosmetics, may be one of the few sectors in the UK recruiting more graduates this year when vacancies in general are predicted to fall for the first time since 2003.

Unilever and L'Oreal battle with retailers as crisis bites

11-Feb-2009 - Relations between retailers and suppliers are growing increasingly tense as the financial crisis takes its toll on both parties.

Lipotec executive predicts cosmetics clean up

29-Jan-2009 - Economic storms will clear the dead wood from an increasingly crowded active ingredients market, says Lipotec executive.

Unilever buys TIGI professional hair care business

27-Jan-2009 - Unilever is buying the TIGI professional hair product business from the owners of Toni & Guy for $411.5m in cash.

Inter Parfums suffers end of year sales dip

23-Jan-2009 - Inter Parfums has left its sales forecast for the year ahead unchanged despite reporting a 16 per cent decline in turnover to $100.6m for the final quarter of 2008.

Beiersdorf should abandon 2010 targets, says report

22-Jan-2009 - Bernstein Research has called on Beiersdorf to scrap its 2010 market share and margin targets, or risk damaging the business.

Report slams L'Oreal management and predicts tough 2009

15-Jan-2009 - L’Oreal has been trading on past glories and is beginning to pay the price for years of mismanagement, according to a new report from Bernstein Research.

Rhodia acquires McIntyre to build up cosmetics business

13-Jan-2009 - France-based Rhodia has acquired the US McIntyre Group to build on its presence in the personal care and oil surfactant categories as a means of maintaining growth.

Ecoflation could hit companies hard in the future

10-Dec-2008 - Companies already struggling in the current economic climate will soon have to contend with a new phenomenon, ecoflation, according to a study by ATKearney.

Croda reports sharp sales and profit increases

04-Nov-2008 - Croda has overcome rising raw material costs to report substantial increases in both sales and profits for the third quarter.

L'Oreal cuts sales and profit forecasts

31-Oct-2008 - A sluggish September has forced L’Oreal to cut its sales and profit forecasts for the financial year.

Global luxury market faces recession

29-Oct-2008 - The global luxury market is facing its first recession in six years, according to a recent report from Bain and Company.

Reckitt Benckiser results defy credit crunch

29-Oct-2008 - An increased advertising spend and new product launches have helped UK cosmetics player Reckitt Benckiser to weather tough economic conditions.

Symrise suffers from a luxury sales drop

29-Oct-2008 - Sales growth at Symrise was dampened in the third quarter by weakening demand at the luxury end of personal care and in fine fragrances.

Estee Lauder drops annual expectations due to uncertain times

28-Oct-2008 - 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 - 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.

New launches boost Inter Parfums' sales

24-Oct-2008 - A number of new launches from the Van Cleef & Arpels and Lanvin brands have helped drive third quarter sales for Inter Parfums.

Shiseido ups forecast but warns of tougher times ahead

24-Oct-2008 - 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.

News in brief

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.

Oriflame reports exceptionally high growth figures

22-Oct-2008 - Supported by a burgeoning sales force, Oriflame reported rapid growth in both turnover and profit in the third quarter.