The global, natural ingredient-based cosmetics company has announced its results for the period ending September 2017, revealing that progress is being made particularly with its online offering.
It’s been a busy week for Coty, with announcements for another big acquisition, reorganization plans and now first quarter results that show profits are up while revenues are down.
Elizabeth Arden had a tough fourth quarter, with revenues suffering on account of unfavourable currency exchange and a big decline in its North American operations.
One year on and fragrance player Coty has turned a big loss in the third quarter of last year into a profit, thanks to a focus on its key brands and cost-cutting measures.
Procter & Gamble saw its second quarter earnings take a hit with the strong dollar having a big impact, setting up a challenging year for the Ohio-based firm.
Direct sales cosmetics player Oriflame has reported a dip in sales, while the bottom line also takes a big hit as the company struggles against continued challenges across Europe.
Prestige beauty firm Elizabeth Arden reported better-than-expected revenue in its first quarter results, thanks to the launch of several new fragrances; although these purchases affected profits.
Color cosmetics and fragrance maker Elizabeth Arden reported health gains in revenue for its fourth quarter, but net profit is hit by licensing acquisition costs.
Revlon’s second quarter results struggle under the weight of charges, currency translations and falling sales in Europe and Asia, but strong results in the Americas help fend off bigger losses.
Although Procter & Gamble’s second quarter results were buoyed by a strong performance in the developing markets, slower consumer spend in the US market holds back growth.
Sales for oral and personal care player Colgate-Palmolive were up for the first quarter of 2011, but the company said increasing raw material costs were affecting profit margins.
France-headquartered packaging and chemicals company PSB Industries has recorded significant sales growth for 2010, driven by restocking in the cosmetics and fragrance sector.
Estee Lauder Companies has beat profit expectations having posted a 10 percent increase in Q3 sales as consumers of prestige products return to their old spending patterns.
Following a succession of weak financial results some, of the biggest players in the personal care industries are pointing to sustainability measures as a means of exiting the recession.
Revlon revealed falling sales during its third quarter, underlining tough retail conditions and the strength of the dollar against international currencies.
The Japanese cosmetics company has acquired the plant-related assets of German hair care manufacturer Reichardt International in order to enhance its distribution in the European market.
Shiseido has upped its profit forecast for the first half of the year but the company warned that business conditions will be tougher in future quarters.
Global fragrance maker Parlux has announced a significant boost to
its full year results ending in March thanks to revised market
focus and restructuring programme.
Helen of Troy's personal care division continued to struggle in the
fourth quarter reporting a 7.1 percent drop in sales that it blamed
on the tough retail environment.
Helen of Troy has reported an unexpected drop in turnover as sales
of personal care products slumped in a highly competitive and
challenging sales environment.
Fragrance player Parlux has announced a significant increase in its
sales for the 2007 financial year, but a net loss from its
continuing operations marks a difficult year in which rapid
expansion has seen its administration capabilities...
Texas-based Helen of Troy has reported a strong increase in sales,
but costs associated with upgrading the company's distribution and
warehousing operations keep net profits down.
Sensient Technologies, supplier of fragrances and colors for
cosmetic products, has reported a significant increase in both its
sales revenue and its net profits on the back of strong activity in
both the US and China markets.
Proof that P&G is on the right track following its merger with
Gillette came during the course of August, after the company posted
strong fourth quarter results that have led to a share price hike
of more than 8 per cent.
Global salon operator and hair care provider Regis has reported a
41 per cent increase in net income after the company benefited by a
$50m payment from Alberto-Culver after it pulled out of a proposed
acquisition deal earlier this...
Leading Japanese and global cosmetics player Shiseido has pulled
back into profit following improved sales and reduced labour costs,
but it is predicting that sales growth will slip in the coming year
as a result of competition.
Body Shop International said that its latest results for the six
months up to 27 August showed new lines featuring exotic community
trade ingredients such as Brazilian babbusu nut oil and Zambian
honey have been a major driving force...
Parlux Fragrance has reported a 74 per cent jump in profits on the
back of the continued roll out of Paris Hilton branded goods
together with the success of new fragrances such as Guess? for
women.
Leading Russian cosmetics players Koncern Kalina has reported a 34
per cent increase in its profits for the first half of 2004. The
growth came about from a significant increase in sales, reflecting
a shift towards higher margin products...
Colgate-Palmolive has warned the financial world that increasing
packaging prices and marketing costs are likely to have a serious
impact on its financial results for the third quarter.
Wella, the German maker of hair-care and beauty products, has
forecast a 'year of challenges' for 2004 after the group reported a
significant drop in net profit. Recently acquired by Procter &
Gamble, the company was...
US cosmetics and fragrance manufacturer Elizabeth Arden has
reported a loss of net income despite an increase in net sales for
fiscal 2004. Debt extinguishment and restructuring charges had a
negative impact on an otherwise profitable...
Swiss flavours and fragrance company Givaudan saw operating profit
for the first half of 2003 knocked by lower gross margins and a
rise in pension charges.
In the first quarter of fiscal 2003, German pharmaceutical group
Henkel increased sales, adjusted for foreign exchange effects by
2.8 per cent, over the prior-year period to €2.3 billion. Before
adjustment, sales were 3.1 per cent...
