According to the latest figures from Nielsen, the fast-moving consumer goods market which features products like toiletries seen Turkey ahead of the game in Europe with a year-on-year sales growth of +11.6 per cent in Q2.
The number of personal care launches specifically targeted at men have increased globally by 70 per cent over the past six years as more men incorporate grooming into their routine, and brands rise to meet their specific needs with better placed products...
The third annual Skincare Ingredients virtual event was wrapped up on June 12th, giving cosmetic ingredients professional an opportunity to network and catch up on the latest industry trends.
According to a survey carried out by Videology UK, retail continues to beat online sales in the United Kingdom as 25 per cent of consumers were found to still purchase their cosmetics in-store, as opposed to 14 per cent online.
Estée Lauder reported good sales growth in all regions except for Europe, where economic problems mean consumers are having to cut back on their spending.
According to a report by market researcher NPD and the French Federation of selective perfumery (FFPS), cosmetics retail sales in France decreased in the first half of 2012 by 2.9 per cent in volume and -0.4 per cent in value.
Germany-based cosmetics and personal care giant Beiesdorf has reported a rise in its sales for the first half of the year as its consumer division continues to show signs of recovery.
According to Unipro, the Italian cosmetics industry association, “exports have reached €2.9bn in 2011, increasing 19 per cent year on year and boosting the industry as a whole by 6 per cent.”
Solid trading in personal care and health care has left Croda in a strong position after third quarter trading was announced on September 30, 2011, and commented on this week by company chairman Martin Flower.
Givaudan announced a big dip in its sales for the third quarter, although strong local currency sales growth stresses the underlying strength of the business.
Fragrance and flavours giant Givaudan says that restructuring as well as a continued focus on key trends and new markets will be the driving force behind future growth.
BASF has reported a big leap in both earnings and sales for the second quarter, although the results compare to a much weaker performance last year and the outlook is more subdued.
Beiersdorf reported strong like-for-like sales growth driven by a marked recovery in its Tesa adhesive group, but the consumer goods division shows a very mixed performance.
Personal care sales help to propel Beiersdorf to the close of a tough year, underlined by the fact that the company outperformed average market growth.
Latest data from the Chinese government show that the market for cosmetics has continued to grow in excess of 17 per cent for the first nine months of 2009.
The growth rate for cosmetics, toiletries and fragrance in Brazil has exceeded predictions made at the beginning of the year, which means the value of the market in 2009 is likely to be 11 per cent higher than 2008.
Direct sales player Oriflame has announced a healthy increase in its quarterly and full year sales, but the results indicate that profit is tailing off against rising costs.
The Anglo-Dutch consumer goods maker has announced strong results on the back of the sale of food operations and increased selling prices during its fourth quarter.
An international survey of buying habits suggests the economic downturn will not take a large bite out of the global cosmetics market but revealed very different attitudes across countries.
The French trade association FEBEA (Fédération des Entreprises de
la Beauté) has dug into the relationship between beauty and
fulfilment (épanouissement).
Unilever's strategy of offsetting high commodity costs by
increasing prices transformed its food profits in the first quarter
but failed to lift its profits in personal care.
Symrise has reported a sales increase for the first quarter of 2008
led mainly by emerging markets but bottom line figures suffered due
to higher energy and raw material costs.
Henkel has reported a positive sales increase for its cosmetics and
toiletries sector although sales in North America have suffered
across all divisions.
Oriflame's sales force increased twenty per cent during the fourth
quarter leading to strong sales results, although profit was
affected by significant restructuring costs.
Emerging markets overtook North America in terms of profitability
for L'Oreal as the company's international outlook helped it secure
high operating profit once again.
Luxury cosmetics group Clarins has exceeded its full year sales
expectations reporting turnover in excess of €1bn for the first
time despite losing business in the US.
Better distribution of fragrances in new markets has helped
contribute to strong overall growth for Symrise's Q3, in turn
increasing its presence in the personal care segment.
