Maker of Era Face spray-on foundation and other beauty products
Classified Cosmetics has filed a motion for a preliminary
injunction against cosmetics and over-the-counter pharmaceuticals
manufacturer Del Laboratories in a suit that...
International household and personal care products company PZ
Cussons has is to acquire top UK haircare brand Charles Worthington
in a deal worth up to £37m (€55 m) to the celebrity hairdresser and
his business partner.
The maker of Arm & Hammer toothpastes Church & Dwight and
private investment firm Kelso have agreed to acquire cosmetics and
over-the-counter drugs manufacturer Del Laboratories.
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...
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,...
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.
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.
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.
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.
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.
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...
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.
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...
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...
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...
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...
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.
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 has announced that it has signed an agreement with Paris
Hilton to develop, manufacture and distribute fragrance and related
product lines under her name.
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...
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...
Procter & Gamble has announced business unit and management
changes designed to streamline operations and facilitate further
growth that reflect an increased focus on health and beauty
products.
Three Lauder family trusts are selling up to 13 million shares in
Estee Lauder stock to pay a huge bill for estate taxes following
the death last month of the company's founder.
Revlon's shares dropped as much as 8.6 per cent before recovering
slightly, Friday, as the cosmetics company's financial makeover
plans faltered after its debt offer was cancelled due to
"unfavourable market conditions".
German hair and beauty product producer Wella has this week
announced both the most profitable first quarter in the company's
history and the signing of a purchasing agreement with Procter
& Gamble, writes Louise Sheridan.
Henkel is to acquire hair care company Indola from Alberto-Culver.
They are expected to complete the deal by 1 June 2004, subject to
final agreement and competition law clearances. The transaction is
the latest in a series of mergers...
Brazil's largest cosmetics company Natura Cosmeticos is embarking
on an international roadshow for potential investors following its
announcement of the first public offering in Brazil in more than
two years, writes Louise Sheridan.
Improved fragrance sales in Europe, boosted by modest gains in
currency conversions, increased first quarter results for the US
fragrance giant International Flavors & Fragrances (IFF).
Strategies in 2003, to help get the company...
Nu Skin Enterprises, a worldwide direct seller of personal care
products, has reported a 20 per cent increase in net revenue.
Foreign currency fluctuations, product launches in the US and
momentum in Mainland China have all been attributed...
Wella - the German maker of cosmetics and fragrances - has filed a
lawsuit against Gucci in a dispute over the length of its perfume
licensing contract. Italian luxury goods maker Gucci, has not held
the rights to produce fragrances...
Swallowfield - a UK cosmetics and toiletries manufacturer - is to
overhaul business in a bid to reposition itself as an international
supplier of contract outsourcing services to the toiletry,
household and cosmetics markets. Operations...
The Lubrizol Corporation has announced the acquisition of Noveon
International, a speciality chemical producer, to create a combined
company. The move complements Lubrizol's existing businesses in
fluid technologies and will...
Dream Cosmetics is to function as a wholly owned subsidiary of
Polysciences, a manufacturer of specialty chemicals and laboratory
products. The acquisition doubles Polysciences' capabilities to
formulate and manufacture private-label...
L'Oréal has announced a good start to 2004 following the release of
its first quarter results. The company saw growth in all of its
cosmetic divisions despite a high base of comparrison against last
year's results. The dermatology...
YSL Beauté - part of Italian luxury-goods firm Gucci Group - has
reported a drop in sales for the fourth quarter of 2003. As the
Gucci Group records its best ever quarterly revenue results, Beauté
stands out as the division struggling...
Technology Flavours & Fragrances (TFF), has reported a dramatic
slide in net income for 2003. The US company's results were
unfavourably impacted by a reduction in sales and an increase in
operating costs attributable to...
Wella, the German maker of hair-care and beauty products, has
forecast a 'year of challenges' for 2004 after the group reported a
significant drop in net profit. Recently acquired by Procter &
Gamble, the company was...
De Witt - a British personal care company - has acquired T-Zone, a
tea-tree oil based skincare brand. The agreement is central to De
Witt's ambitious expansion strategy, which has seen the company
increase its turnover by 19...
US cosmetics and fragrance manufacturer Elizabeth Arden has
reported a loss of net income despite an increase in net sales for
fiscal 2004. Debt extinguishment and restructuring charges had a
negative impact on an otherwise profitable...
SkinMedica - a specialty pharmaceutical company - is to receive
financing to further expand its cosmeceutical pipeline. The company
has entered a deal with existing, and new investors to sell $25.8
million of its Series D preferred...
Moët Hennessy Louis Vuitton (LVMH) - the world's leading luxury
products group - has achieved a 9 per cent increase in annual
operating income despite the difficult economic environment of
2003. The US company's perfumes...
Airspray, the maker of cosmetic dispensers for Unilever, Wella and
L'Oréal - achieved strong sales growth last year despite the
weakening of the US dollar, aided by its currency-risk management
and galloping volume growth.
Kanebo, the second-largest cosmetics maker in Japan after
industry-leader Shiseido, has decided to abandon plans to sell its
core cosmetic unit to Kao. Instead the company is to ask the
Japenese government to help slash its debt in...
Revlon has announced it is to eradicate $780 million of debt by the
end of 2004's first quarter. The troubled US company - reporting a
net loss of $153.8 million for 2003 - has signed an agreement to
reduce debt by 50 per cent.
Unison Capital has put forward a management offer - believed to
match Kao's withstanding bid of €3 billion - for Kanebo's cosmetic
operations. However the revelation has not unnerved toiletries
manufacturer, Kao, who started...
The owners of the Gesparal Holding company, the Bettencourt family
and Nestlé, are to become direct shareholders of L'Oréal. The
company, which currently owns 53.8 per cent of L'Oreal's Capital
and 71.7 per cent of...
Avon Products has attributed its fourth quarter earning and sale
growth figures to the company's success in Europe. Sales in the EU
rose 30 per cent to €440 million and operating profit rose by 50
per cent. Strong international...
Nimbus Group, a licenser of fine fragrance and skincare, is set to
acquire a majority stake in Fragex a Paris-based developer of
cosmetics and fragrances.
French pharmaceutical company Sanofi-Synthelabo, part owned by
L'Oreal, has launched a hostile takeover bid for its larger rival
Aventis, in a move which would create a top three drug major.
