Publicly-floated US flavour supplier Technology Flavors &
Fragrances is set to go private, as industry rival FFG Industries
begins a tender offer to acquire all of the firms outstanding
shares of common stock.
Candie's has made a long-term worldwide license agreement with
Toronto-based Riviera Concepts to develop a signature fragrance for
its Badgley Mischka brand. The move marks the company's first
venture into fragrances, and...
Parlux Fragrances says it made an exclusive worldwide license
agreement to develop and market a line of cosmetics for Paris
Hilton, in a bid to further capitalize on the incredible brand
power already created by the fashionist and...
Inter Parfums has reported that in its first quarter ending March
31, net earnings dropped nearly 8 per cent following increased
expenditures relating to both royalties and marketing, reports
Simon Pitman.
A new concept for men is being launched at Heathrow's Terminal 1
this month, which will include a men's grooming area stocking and
promoting leading personal care and cosmetics products, reports
Simon Pitman.
Parlux Fragrances is extending the launch of its Paris Hilton
fragrance in Europe. The fragrance is being launched tomorrow in
France and at the beginning of next week in the UK, following its
big success in the US, and is a sign...
France-based Ileos has developed an eye-catching closure for
Thierry Mugler's new Angel pefume - a plastics solution that the
company claims matches the aesthetics of glass or crystal while
giving it extra flexibility for distinctive...
Quest International has extended its portfolio of natural actives
for skin and haircare, with the launch of two new Indian-sourced
ingredients. Actisculpt is a herbal blend body sculpting
ingredient, while Karanja oil is aimed at...
Direct sales player Oriflame has announced a significant drop in
its first quarterly profits despite a healthy increase in sales.
The results reflect last year's IPO and refinancing expenses,
reports Simon Pitman.
The FDA has reminded US cosmetic companies about new labelling
requirements for products containing ingredients that have not been
proven safe, further evidence that that the body intends to crack
down ingredients in the coming months,...
Parlux Fragrances has signed a five-year, worldwide license
agreement with up-market soft toy maker GUND to develop,
manufacture and distribute a line of babyGUND branded fragrances.
The European Union has cleared the acquisition of France-based
Marionnaud Parfumerieries by AS Watson, part of Hong Kong
conglomorate Hutchinson Whampoa. The deal wins the group a
controlling stake in Marionnaud, reports Simon Pitman.
Sales at UK accessories and fragrances group Burberry were flat
during the second half, the firm said today, but it forecast
full-year profit growth of at least 15 per cent.
Consolidation in the flavor industry evident as US flavor house
Technology Flavors & Fragrances announces its merger with
fellow flavor firm FFG Industries.
The New York-based flavors and fragrance specialist more than
doubled its loss compared to the previous year, as the company was
hit hard by moves to increase its sales presence outside of the US
market, reports Simon Pitman.
Courtney Cox, Pamela Anderson and Celine Dion are amongst the
latest big names to sign up for sponsorship deals with cosmetics
players in the last week, proving that star endorsements are
continuing to remain a driving force behind...
Human Pheromone Sciences, the US company manufacturing and
marketing mood-enhancing pheromones to the cosmetics and personal
care industry, has reported end of years sales sharply up on last
year, as the compound proves increasingly...
Ambitious Israeli fragrance and flavours firm Frutarom has
benefitted from recent acquisitions as year end figures show 40 per
cent boost in sales. But the figures show that growth in the fine
ingredients division, which largely supplies...
Although the US market for fragrances has shown a distinct downturn
in recent years, an upturn in 2004 was driven by rising demand from
the Hispanics market, combined with the continued strength of big
name endorsements. Simon Pitman...
Inter Parfums has reported its fifth consecutive year of strong
sales growth and increased income for its full financial year,
despite the bottom line being impacted by taxes and interest on
debt repayments in the final quarter, reports...
Danisco has announced plans to restructure its fragrance plant in
Seillans, France. The restructuring, which will mean job cuts, is
due to the general recession in the fragrance market during the
past four years.
Human Pheromone Sciences has said that based on preliminary studies
on how mood can be enhanced using synthesized human pheromones, it
is now expanding its study to include a larger number of volunteers
in its laboratories.
E Com Ventures has announced that its wholly owned subsidiary,
Perfumania Marketing, achieved a rebound in its sales performance
for February, following a challenging January, reports Simon
Pitman.
French cosmetics ingredients producer Coletica has confirmed that
it has received an offer from Engelhard Corporation to buy a
majority stake in its share capital, in a move that will give the
company a much-needed cash injection,...
Givaudan has reported that sales fell in 2004, with a poor
performance from its fragrance division hampered by its fragrance
ingredients business combined with unfavourable currency exchange
rates, reports Simon Pitman.
Oriflame's less than impressive debut as a public listed company
and falling profits has prompted major boardroom changes,
highlighted by the appointment of Magnus Brännström as the
company's new CEO, Simon Pitman reports.
David and Victoria Beckham have signed a global licensing agreement
with US-based Coty Beauty. The deal will see the couple's Beckham
Beauty House launch a male fragrance under David Beckham's name in
both European and US...
Jennifer Lopez has launched her third fragrance, Miami Glow by JLo,
at her first ever runway show, which also promotes her new fashion
line, Sweetface.
Tommy Hilfiger Toiletries has signed up global music icon Enrique
Iglesias for a multi-year deal to front True Star Men, a new
fragrance within the division's master brand collection due to be
launched worldwide in Autumn 2005.
A scientific study has shown that artificial musk fragrance can
increase sensitivity to toxins in mussels, indicating possible
implications for human health. Simon Pitman reports on the
findings and industry's reaction.
Crown Risdon, one of the leading packaging providers to the US
personal care industry, has supplied the caps and collars for the
new Liz Claiborne Spark Seduction EDP and EDT fragrance packages.
Chemicals specialist Orgasynth is increasing its presence in the
flavours and fragrance sector following the recent acquisition of
Floressence. The company says it now plans to sell its colourants
division and increase its focus on...
Inter Parfums has reported a better than expected sales performance
for the fourth quarter and full year 2004. The company said that
favourable currency exchange and it Burberry branded fragrances
were the main reason for the result,...
Takasago International, one of the leading global flavours and
fragrance groups, has established a new division in Shanghai aimed
at expanding its manufacturing and retail presence in China as well
cutting costs.
Parlux Fragrances has acquired exclusive worldwide licensing rights
relating to the XOXO fragrance brand, in a move that aims to
re-launch the high-end brand in time for Valentines day gift
buying.
Tennis star Andy Roddick has signed an exclusive license agreement
with Parlux Fragrances to launch a signature fragrance under his
own name. Parlux expects to launch the fragrance before spring 2006
and it is said that Roddick will...
As Elizabeth Arden reveals that strong Internet sales are helping
to push sales of its Britney Spears fragrance, experts reveal that
selling online is set to become the way forward for future
fragrance sales, reports Simon Pitman.
As part of the update to the Jean Paul Gaultier perfume range, the
company has again chosen Sleever International to provide secondary
packaging that is said to increase shelf visibility.
Health Canada has confirmed that the labelling of all ingredients
on cosmetics products will become compulsory in the course of the
next two years, bringing the country in line with the United States
and Europe. Simon Pitman reports.
Firmenich, the privately-owned Swiss flavours and fragrance group,
has reported a 4.1 per cent growth in its annual sales, driven by
the particularly strong performance of its fragrance division in
the Latin American and Asia Pacific...
Inter Parfums says it expects sales for 2005 to be well ahead of
its original guidance following the strong performance of British
fragrance brands and the continued success of several new launches.
Simon Pitman reports.
Job cuts and production consolidation for the number four flavours
group Symrise as the equity fund-owned firm says nearly 600 jobs
will go by the end of 2006.
International Flavors & Fragrances says it is planning the
construction of a new specialty ingredients manufacturing plant in
China, in a move that aims to boost global production capacity.
The Cosmetic, Toiletry, and Fragrance Association is today holding
its annual Regional Meeting in California, US. The one-day seminar
will feature information sessions focusing on regulatory,
international, legislative, and scientific...
US-based Human Pheromone Sciences is entering into an agreement
with the University of Utah to conduct research and development
programmes on a series of compounds already identified and isolated
by scientists relating to synthesised...
Technology Flavors & Fragrances, a provider of flavour and
fragrance product formulations that are used to develop customised
products cosmetic and toiletry products worldwide, has reported
flat sales and a mounting loss for the...
Natural cosmetics maker Oriflame has reported a steady increase in
sales for the first nine months of the financial years, although
the most recent quarter bucked that trend, reflecting increased
costs and currency movements in international...
An investment arm of the Canada-based Onex Corporation, Onex
Partners LP, has announced it has acquired the parent company of
Cosmetics Essence (CEI) - the largest contract manufacturer of
alcohol-based fragrance products in the United...
