First quarter sales made significant progress at Elizabeth Arden,
which the company said was largely attributable to the successful
international launch of its new Mariah Carey fragrance.
New Jersey-based International Flavors and Fragrances has reported
a strong increase in its third quarter sales driven by its flavors
division, but profits are hit by administration charges.
Despite Estee Lauder reporting a healthy increase for its first
quarter sales, profits have been hit by lower operating income as a
result of increased marketing expenses and falling US sales.
Leading UK toothpaste packaging manufacturer Betts Global has been
bought out by private equity specialist Gresham in a move that aims
to better position the company for future global growth.
Privately owned flavours and fragrance company
Firmenich reveals strong sales growth across its business
during the last financial year, with growth in its fragrance
division said to have positioned it as the fastest growing
fragrance...
Perfume maker Ulric de Varens lays down major expansion plans,
including the development of its own stores, as it bids to become a
major international player.
PZ Cussons has announced its plans for significant investment
into its manufacturing facilities in both Nigeria and the UK
following a successful year in both markets.
Ireland-based Alltracel has revealed that it is preparing to
acquire the oral care specialist Synpart in a bid to lead the
European private label market for oral care products.
Masstige skin care provider Physicians Formula says that soft
market conditions within the segment have led it to lower its
forecast for the forthcoming quarter and full year, prompting fears
for other big name prestige player.
Twenty thousand Unilever employees will lose their jobs as the
workforce is cut by 11 per cent and underperforming businesses are
disposed of in a bid to streamline company operations through
restructuring.
The beauty division at Henkel remains the most profitable sector,
reporting positive net earnings amongst otherwise
disappointing second quarter results for the Germany-based
company.
An ambitious expansion programme seems to be paying off for the
Swedish direct sales firm, Oriflame, as both sales and operating
profits register significant growth.
As savings from restructuring kick in, oral and personal care giant
Colgate-Palmolive has reported a robust quarter, with sales
significantly boosted by a raft of international product launches.
New Jersey-based pharmaceutical and personal care provider Johnson
& Johnson says that one of the main driving forces behind its
industry-leading sales growth has been sales of skin care products.
The US division of the world's largest cosmetics company has
acquired Maly's West, the third largest beauty salon distributor in
the US, as consolidation in the professional hair care market
continues apace.
Estée Lauder has agreed to acquire Ojon Corporation, a privately
held prestige hair care company based in Canada, in a bid to extend
its reach in the naturals premium hair care category as well as
increasing its distribution capabilities...
DSM has completed the acquisition of Pentapharm this week - in a
move that will consolidate its position as leading ingredients
manufacturer in the cosmeceutical industry.
Global oral and personal care player Colgate-Palmolive has
announced that Ian Cook has taken over from Reuben Mark as CEO of
the company as part of a long-term succession plan that will allow
the out-going Mark to retire.
Fragrance player Parlux has announced a significant increase in its
sales for the 2007 financial year, but a net loss from its
continuing operations marks a difficult year in which rapid
expansion has seen its administration capabilities...
Procter & Gamble has confirmed that it plans to close its
Clairol headquarters in Stamford, Connecticut, by 2010 as the
company seeks to enhance efficiencies in its Hair Color division.
The US division of global cosmetics player L'Oreal has bought the
professional hair care brand PureOlogy, in a move that gives it an
even greater footing in the market for prestige color hair care
treatments.
Procter & Gamble said that net quarterly sales were up 8 per
cent to $18.69bn, driven by double-digit growth in the baby &
family care division and high single-digit sales growth in the
beauty and blades and razors division.
Sweden based direct sales company, Oriflame has posted strong Q1
sales growth, achieved by a concerted recruitment drive in all
areas, and promotions associated with the company's 40th
anniversary.
Capitalising on the dramatic rise in cosmetic sales in emerging
markets, Japanese cosmetic company Shiseido has announced the
development of a retail unit in Russia - a move that also aims to
further its position in the global cosmetic...
The UK's leading health and Beauty store, Alliance Boots, is due to
be sold into the private sector, following the backing of board
members of a £10.6bn take-over bid.
Leading US cosmetics player Estee Lauder has invested in a
600-kilowatt solar energy system as part of a drive to invest in
renewable and greener energy and reduce long-term operating costs.
Global personal care provider Johnson & Johnson is rumored
to have taken over China cosmetics giant Dabao in a move that
would secure it the country's largest domestic skin care provider.
Swiss flavours and fragrance manufacturers Givaudan has reported
strong Q1 results - as a direct impact of the acquisition of Quest
International last year.
Finland-based specialty personal care ingredients provider Kemira
Oyj has increased its footprint in the global personal care sector
with the acquisition of privately-owned TRI-K Industries and its
subsidiary Maybrook.
Swiss fragrance and flavors giant Givaudan will open a new perfume
creation centre in East Hannover, billed as the most
technologically advanced facility of its kind.
Givaudan has gone to new lengths to consolidate its lead within the
fragrance industry, with the announcement of a joint venture with
ChemCom to create a new company that will 'focus on the discovery
and delivery of innovative...
Four distributors from health and beauty direct sales company Amway
have been ordered to pay a total of $19.25m in damages to Proctor
& Gamble for spreading false rumors connecting the consumer
goods giant to Satanism.
The global market for biocides used in the production of personal
care products has grown by 40 per cent since 1996 to reach a value
$570m, despite the fact that growth in demand is falling in the US.
Riding a significant rise in demand for its mineral-based cosmetic
products in the US market, Bare Escentuals is eyeing expansion in
overseas markets, supported by its acquisition of a UK distributor.
L'Oreal has laid heavy emphasis on the growing significance of
emerging markets in its future plans to continue strong sales
growth and to further consolidate its place as the worlds leading
cosmetics manufacturer.
Playtex has announced steady growth for its fourth quarter sales
and net profits, boosted by a particularly strong performance from
its skin care sales, which were up by nearly 18 per cent.
In line with market expectations, global direct sales leader Avon
says that its Strategic Sourcing Initiative is on course to bring
about savings of $400m (€305m) during the course of the next few
years.
L'Oreal has yet again reported booming operating profits, driven by
lucrative acquisitions such as natural cosmetics company, The Body
Shop and product innovations – but despite the continued rise, net
earnings came in below...
Sales of cosmetics, toiletries and fragrances in France grew at 5.7
per cent in 2006, the fastest rate of increase in five years and a
figure that puts it well ahead of average industry growth, both
within France and the European...
Oriflame is going strong in the direct sales market after the
company reported a massive 20 per cent boost in sales for 2006 on
the back of strong skin care and colour cosmetics sales, despite
disappointing net profits.
Upmarket beauty player Clarins has received a €500,000 fine from
the French Conseil de la Concurrence (Competition Council) after
being found guilty of price-fixing between 1997 and 2007.
