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...
Avon's turn around is starting to happen, after the company
reported a 9 per cent boost in sales for the fourth quarter on the
back of strong fragrance and color sales.
Not only has the acquisition of Gillette helped global giant
Procter & Gamble to boost its sales, subsequent synergies and
consolidation have helped the company achieve strong profit growth.
Dental care and toiletries giant Colgate-Palmolive has announced a
big rise in net profits for its fourth quarter off the back of
strong sales driven by a particularly big rise in both the European
and Latin American markets.
L'Oreal has met its targets for 2006 after reporting a strong
fourth quarter results, driven by renewed vigour in the Western
European markets and a continued strong performance in new markets
such as Russia and China.
After several years in the doldrums, it appears the market for
cosmetics and toiletries is back on track, after sales grew by a
respectable 2.7 per cent in the country this year, the Italian
union of perfumery, cosmetics, toiletries...
Germany-based cosmetics and home care producer Henkel has announced
strong results, driven higher by a particularly good performance
from its cosmetics division.
Although the market for cosmetics and perfumes in France remains
Western Europe's largest, significant growth, particularly in the
UK and Spain, means that the market there is rapidly taking on a
new and more dynamic appearance.
Proctor & Gamble has reported a 27 per cent increase in its
sales and a 33 per cent increase in net earnings as the company
continues to power away on the strength of last year's merger with
Gillette and a continued improvement...
Despite sales rising significantly, profits at Avon have been hit
by a rising ad spend, restructuring costs and charges relating to a
tax dispute in the company's UK arm.
If current economic conditions prevail, the cosmetics market in
Poland should experience steady growth, market analysts predict.
But the issue of tax on personal care products remains a
significant hurdle to overcome.
Although sales are still growing strongly, Estee Lauder has posted
a 27 per cent drop in its net income after being impacted by
restructuring charges. But the company says that it is terrorism
threats that could pose a significant...
The investment world showed its disappointment in Avon's recently
announced quarterly results with a flurry of market activity that
saw the company's share price fall by more than five dollars.
Unilever announces second quarter results showing that it has
maintained its steady growth of late, but the questions remains
whether it is enough to remain competitive against major rival
Procter & Gamble.
Germany remains a world giant in the packaging material and machine
sector, with a high demand, especially for plastics, about to reach
record levels according to a new report.
Significant increases in perfume sales combined with increased
general penetration into rural areas has helped to take the Avon
Cosmetics Romania's turnover above the €100m mark, in turn boosting
profits by 50 per cent.
Strong growth in sales of beauty products continues to see the
Brazilian market powering away. In 2005 the market grew at 34.2 per
cent to become the world's fourth largest market - well above the
world's 8.2 per cent average...
British cosmetic and healthcare retailer Boots says that it has had
a positive feedback to retail tests carried out on a range of its
own brand beauty and cosmetics products in the US.
Procter & Gamble has reported a 37 per cent jump in its
profits, but share prices fell after the company revealed that its
sales had failed to meet with expectations on the back of inventory
cut-backs by Wal-Mart and slower than...
Avon has reported a 67 per cent drop in its first quarter net
income as restructuring charges aimed at reinvigorating sales hit
the company's bottom line.
Colgate-Palmolive has successfully implemented increased pricing
and a greater emphasis on higher margin goods to help boost its
first quarter results despite the challenge of facing stiff
restructuring costs.
Beauty-conscious British women spend a whopping £3,000 (€4,300) a
year on beauty products and treatments, with 81 per cent of women
wearing make-up every day, says a survey commissioned by New Woman
magazine.
Brazilian direct sales cosmetics player Natura is benefiting from a
booming domestic economy and renewed vigor for all things cosmetic,
having announced a big increase in its end of year sales and
profits.
Oriflame says that euro currency sales growth of 24 per cent in its
fourth quarter, ending in December - a strong end to a year marked
by restructuring and a major push into developing markets.
Direct sales giant Avon has reported a 36.7 per cent drop in its Q4
income as it tackles fierce competition and rising costs. The
disappointing results coincide with the decision to pull out of the
Indonesia market, which also knocked...
After a run of strong results from international personal care
players, Kimberly-Clark's latest results show it is struggling as
it is faces restructuring charges, passing costs on to consumers in
the US and Europe.
The first full quarter financial results following the merger with
Gillette spell a big success for P&G. Results were well ahead
of expectations after the world's largest consumer goods company
more than tripled revenue growth,...
German personal care giant Beiersdorf says it wants to achieve a
5.5 per cent of the global market for personal care products by the
year 2010 and will be particularly looking to the markets of China,
India, Brazil and Russia to help...
Global giant L'Oreal says that growth in the Western European
market, combined with strong levels of activity in North America
and new markets has helped to give a big boost to its fourth
quarter results, pushing the full year...
Reflecting the mixed fortunes of UK retailers in general over the
Christmas period, leading beauty retailer Boots has reported strong
beauty sales, while direct sales cosmetic player Victory and The
Body Shop reported lower than expected...
International sales of Brazilian cosmetic products increased by 20
per cent in 2005 and plans are under way to increase international
distribution centers to meet further growth in the coming years.
The German Cosmetic, Toiletry, Perfumery and Detergent Association
(IKW) says that sales have rebounded after the drop recorded in
2004. The association says that the figure is encouraging news for
the industry, especially as it coincides...
Despite the lull in its domestic market, German personal care
player Beiersdorf has revealed steady results for the first nine
months of the year, prompting the company to increase its
expectations for full year sales.
Kimberly-Clark has reported that its price rises have helped to
off-set soaring energy and raw material costs, allowing it to meet
market expectations for the third quarter.
L'Oreal's US sales power ahead but investors are disappointed by
Western European sales despite an overall rise in turnover growth,
as the French group releases its third quarter results.
Lisi Group, the France-based automotive, aerospace and cosmetics
packaging provider says that sales for its cosmetics division have
rebounded in the second quarter following a bad start to the year.
Swiss-based global fragrance and flavours giant Givaudan says that
a down-turn in its performance for the first six months of the year
was buouyed by a stronger showing from it international fragrance
operations.
Beiersdorf, the German based cosmetics giant and owner of the Nivea
brand, has reported second quarter results that have exceeded
analysts expectations, as sales rose nearly 6 per cent.
Gillette has reported a significant rise in both quarterly sales in
profits boosted by a series of new product launches. The results
leave it in good shape for the proposed merger with P&G later
this year, reports Simon Pitman.
P&G is building on four years' of solid growth, having revealed
that its most recent quarterly results are continuing the trend and
is pointing to the proposed merger with Gillette as a means of
continuing the current momentum...
Oriflame has reported operating profits well down on the same
period last year, as the company's attempts to expand into new
markets hit the bottom line, reports Simon Pitman.
Croda has announced a strong increase in both its sales turnover
and profits for the first six months of the year, driven primarily
by demand for skin care ingredients, reports Simon Pitman.
Kimberly-Clark has announced a major restructuring programme that
will see around 20 plants sold or shut down and the loss of 10 per
cent of its workforce. The majority of the 6,000 job losses and
plant closures are expected to happen...
L'Oreal has reported a significant growth in its second quarter
sales on the back of a solid performance in both North America and
new markets, prompting investment firm UBS to upgrade its rating,
reports Simon Pitman.
The growth of the Australian cosmetics and toiletries industry has
dipped for a second year in a row, mirroring growth in the general
economy and the slower retail environment. But with income levels
still high the latest market report...
The phenomenal boom in the number of Chinese nationals traveling
the world could be key to increasing future revenues for the global
cosmetic travel retail sector, reports Simon Pitman.
The maker of the Nivea brand has announced first quarter sales
broadly in line with the previous quarter, but a small increase in
profits helped the company to achieve a respectable bottom line,
reports Simon Pitman.
P&G appears to be going from strength-to-strength, with the
announcment that it has increased its first quarterly sales by 10
per cent, exceeding market expectations. Analysts say that the
performance is proof of the company's...
Despite global sales rising 9.5 per cent Colgate-Palmolive has
reported an 11 per cent drop in net profits for its first quarter
results. However, the company said that increased advertising
expenditure had managed to ensure sales...
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.
