The consumer goods company announced the pending deal this week, giving a clear indication that Unilever is still shifting its brand portfolio more heavily toward personal care and beauty.
The BRIC markets have been one of the main driving forces for the cosmetics and personal care market in recent years, particularly during the global economic slump, but the economist who first identified them believes new markets are set to steal the...
Cognis claims to have steered a steady course through last year’s economic upheaval. But despite a return to profitability, the downturn took its toll on sales of its care, nutrition and health ingredients.
Simple, one of the leading skin care brands in the UK, has been put up for sale by private equity group Duke Street Capital with an estimated value of £250m.
Food, household and personal care player Sara Lee is contemplating selling its remaining cosmetics business interest in Europe to focus on food and beverage.
Sea-derived skin care player H2O Plus says that Goldman Sachs Urban
Investment and Cordova, Smart & Williams have made a
significant investment in the company to help it expand.
P&G just seems to be going from strength to strength. An
announcement by leading financial advisors Goldman & Sachs that
it was adding the company to its 'buy' list of preferred stocks has
led to a jump in share...
Boots plan to go ahead with a £7bn (€10.2bn) merger with Alliance
UniChem look set to go ahead after a last-ditch attempt by European
pharmacy retailer Celesio to block the deal has failed.
L'Oreal announced second half financial results broadly in line
with market expectations at the end of last week, boosted by strong
sales in both the US and emerging markets. However, analysts
believe that improvements in profitability...
German health and beauty care manufacturer Beiersdorf has reported
marginally better than expected results for the fourth quarter and
financial year 2004, reflecting the success of its lengthy
restructuring project.
Ahead of Beiersdorf's third quarterly financial results, analysts
are warning that the Germany-based manufactuer of personal care
products is heading for a weak performance, citing a slow domestic
market as one of the leading...
Despite Wella reporting a 7.2 per cent increase in sales for its
core cosmetics and fragrance business in the first six months of
the year, the company has reported a drop in group profits bought
on by restructuring costs - a factor...