L’Oreal chief says he is committed to making further acquisitions
L’Oreal CEO Jean-Paul Agon says the company will maintain the strong position of its cash balance in readiness for interesting acquisition possibilities.
L’Oreal releases H1 figures overshadowed by slower Q2 growth
Although L’Oreal posted strong overall growth for the first six months of the year, analysts believe the outlook should be cautious
The French cosmetics maker has released its second quarter sales revealing that trading was down in Eastern Europe and North America due to less consumer demand.
Edelmann strengthens its presence in Central and Eastern Europe
Packaging company Edelmann has invested four million Euros to expand its site in Poland to further strengthen its Spolish subsidiary’s position in the Griup as a production site for cartons and leaflets.
Shiseido to start selling in Panama and Moldova
Shiseido continue to expand its global footprint with an emphasis on new and emerging markets by announcing its entry into both Panama and Moldova.
Beiersdorf delivers strong sales growth, but not on profits
Beiersdorf reported solid group sales growth, driven by big gains for its industrial adhesives unit, Tesa, and more modest increases in its consumer products division.
Personal care company announce management change to drive international sales
CPL Aromas has announced the appointment of Angus McJannet as International Account Manager, as the fragrance firm claim his industry experience and market knowledge will help to drive the company forward.
Presperse acquisition targets product ramp-up and global expansion
Japan based Sumitomo, together with its US subsidiary, has acquired the global operations of cosmetics chemical formulator and distributor Presperse.
Beiersdorf profits up but European consumer sales fall
Beiersdorf first half results reveal that while industrial sales and growth in the Americas are on track, consumer sales in Europe remain hard hit by the tough retail environment.
Sanofi-Aventis to acquire Polish cosmetics manufacturer
Healthcare giant Sanofi-Aventis has announced it is to acquire Nepentes, a Polish dermocosmetics and pharmaceuticals manufacturer for € 1.5m.
Eastern Europe fails to deliver in 2009: Euromonitor
Eastern Europe was one of the ‘major disappointments’ for the beauty industry in 2009, according to market researcher Euromonitor International.
Unilever profits rise on big sales jump for personal care
Unilever has reported a strong rise in its first quarter profits, mainly driven by a strong sales performance from its personal care division.
Chesapeake eyes CEE expansion after Polish packaging takeover
Chesapeake has acquired a leading Polish label and carton operation in a bid to expand its share of the Central and Eastern European (CEE) market.
Sarantis Group signs distribution agreement for Romania and Poland
Sarantis Group, a producer and distributor of consumer products, has signed a distribution agreement with Turkish soap and personal care products manufacturer, Evyap.
Dow Corning sets up in Poland to expand Central and Eastern European presence
In order to work more closely with local businesses, Dow Corning, a developer and manufacturer of silicon-based materials, has opened a new commercial office in Warsaw, Poland.