Celebrity scents have boosted second quarter sales for Parlux Fragrances, which is currently launching Paris Hilton’s latest offering for the holiday season.
French luxury beauty player Clarins says its holding company will proceed with a squeeze-out offer on September 26 to buy back the remaining shares it does not own.
BASF has announced plans to acquire rival firm Ciba for €3.8bn in a move that will extend significantly its range of products for the plastics and coatings industries.
Beiersdorf has expanded its market share in Central and Eastern Europe as the economic downturn in Europe and North America pushes companies towards emerging markets.
Building on its strength in scalp care category Procter & Gamble has acquired Nioxin Research Laboratories, which specializes in products for thinning hair.
Salon hair care specialist Regis says it managed to increase market expectations for its fourth quarter results on the back of increased service prices and same store sales.
Salon hair care provider Sally Beauty has reported that its net income more than doubled for the third quarter on the back of strong increases in both revenue and same-store sales.
Inter Parfums has become another one of the growing number of cosmetics businesses to be affected by rising costs, after announcing record sales growth but stagnant profits.
Douglas Holding reported a drop in profits in the latest quarter as weak perfume sales in Western Europe contributed to the stagnation of its sales figures.
Germany-based personal care and household goods player Henkel has reported healthy organic sales growth for its second quarter but says redundancies and material costs hit the bottom line.
Natural cosmetics and perfume player Ales Group has reported solid sales growth for the first half of the year thanks to success on the international front.
Givaudan has reported a good first half to 2008 despite the economic environment, seeing above-market growth and hassle-free integration of its recent Quest acquisition.
Procter and Gamble successfully defended itself against rising costs and slackening demand in the fourth quarter by increasing prices and tightening control on expenditure.
Independent cosmetic giant Clarins has been given the go ahead by French authorities to proceed with the proposed buy back scheme that should lead to a stock market delisting.
International Flavors and Fragrances reports an increase in turnover and reiterates predictions for future growth, although fragrance sales continue to disappoint.
LVMH Moët Hennessey Louis Vuitton has recorded a strong first half of the year suggesting the luxury industry still holds promise despite the struggling economy.
Strong growth in international markets has helped offset a significant rise in production costs for the world's leading oral care player, Colgate Palmolive.
Croda profits rocket by over 60 per cent as the company successfully curbs cost inflations and sees healthy growth in its sales for the first half of the year.
