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 profits up but sales held back by Europe
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.
Beiersdorf reports sales up but profits down for first half
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.”
Personal care leaves Croda sitting pretty after Q3
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 results hit hard by a strong Swiss Franc
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.
Oriflame reports strong sales increase on expanded sales force
Direct cosmetics sales player Oriflame has reported a strong increase in sales that falls in line with a significant increase in its workforce.
Givaudan eyes restructuring as key to profitable growth
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 2Q results underline a clear recovery
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.
Colgate-Palmolive announces record profits on continued sales growth
The world’s leading oral care player, Colgate Palmolive, has announced continued steady sales growth and record profits for its second quarter.
Beiersdorf posts strong Q1 sales growth, boosting profits
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.
Symrise profits almost double in first quarter
Increased customer demand and the continuing effects of restructuring measures helped Germany-based Symrise deliver a strong first quarter in 2010.
L’Oreal preliminary Q1 results show clear return to growth
L’Oreal’s sales for the first quarter have made a strong comeback, growing 7.4 per cent on a like-for-like basis, as consumers return to the fold.
Beiersdorf results show upturn, but outlook is unsure
Beiersdorf’s fourth quarter and full year results show clear signs of improvement, but analysts believe a strong rebound is far from close.
Personal care helps to buoy Beiersdorf results
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.
Cosmetics sales in China continue to boom, despite global down-turn
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.
Unilever sales volumes rise on discounting
Unilever has seen its sales volumes for the European market rebound on heavy discounting, although net profits continue to dive.
Brazil cosmetics market exceeds predicted growth rates
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.
Sustainable packaging is not a priority for brand owners, says survey
The vast majority of manufacturers have not tackled the issue of sustainable packaging, according to a survey of brand owners.
Symrise restructures as first quarter profits suffer
Symrise is closing a production facility in Spain as part of restructuring plans which aim to improve the company’s bottom line.
Raw materials and acquisition costs drag earnings down for Symrise
Sales increases at fragrance and flavour company Symrise were not enough to keep net income from slipping in 2008.
Oriflame sales rise but profits hit by higher costs
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.
Unilever profits boosted by sale of operations and higher turnover
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.
International survey uncovers cosmetic resilience
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.
L'Oreal cuts sales and profit forecasts
A sluggish September has forced L’Oreal to cut its sales and profit forecasts for the financial year.
Symrise suffers from a luxury sales drop
Sales growth at Symrise was dampened in the third quarter by weakening demand at the luxury end of personal care and in fine fragrances.
Oriflame reports exceptionally high growth figures
Supported by a burgeoning sales force, Oriflame reported rapid growth in both turnover and profit in the third quarter.
Kalina profits take a tumble on costs and taxes
Russian cosmetics player Kalina has reported a significant decrease in its profits despite a growth in sales following, significant taxation charges.
Oriflame defies inflation with strong quarterly results
Restructuring has helped put Oriflame in a much stronger position, with sales growth also contributing to a healthy increase in profits.
Beiersdorf is buoyed by emerging markets
Lower consumer spending in the developed markets has not stopped Beiersdorf recording strong sales growth and a significant jump in profit.
L'Oreal publishes sustainability data for 2007
L'Oreal has unveiled figures detailing its progress on the
environment and outlined its current policies on sustainability and
FEBEA unpacks beauty and fulfilment
The French trade association FEBEA (Fédération des Entreprises de
la Beauté) has dug into the relationship between beauty and
Cosmetics drive Alliance Boots results
Alliance Boots has announced significant growth last year driven by
strong health and beauty sales and cost cutting measures.
Unilever's personal care profits fall despite overall growth
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 results affected by high raw material costs
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.
Strong sales help boost Oriflame profits
Sweden-based direct sales giant Orilflame says it has managed to
boost its profits thanks to double digit sales growth during the
Naturex targets cosmetics and moves towards consolidation
Naturex is targeting an operating margin of 11 per cent in 2008 as
it plans to expand its supply of cosmetic and personal
Symrise reports market leading growth for 2007
Flavour and fragrance supplier Symrise has reported positive 2007
results thanks to a focus on fast-growing segments and regions.
Henkel to cut 3000 jobs despite positive sales
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 expands boosting turnover
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.
L'Oreal plans to widen margins to combat downturn
L'Oreal expects to circumnavigate any looming economic storms by
improving its productivity and focusing on fast-growing emerging
International focus pays off for L'Oreal in 2007
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.
Clarins passes $1bn sales and appoints new vice president
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.
Environmental adjustments changing logistics strategies
Environmental supply chain logistics, once seen as a "necessary"
evil is becoming de rigueur for industry, according
to a survey by Eye on Transport.
New markets boost Symrise fragrances
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.
Henkel ups sales forecast after strong Q3
Henkel increased its sales forecast for the fiscal year after the
cosmetics and toiletries division led the way again in a profitable