Following the recent sale of its Hirtler soap factory to an
independent buyer, Beiersdorf has stated this week that it will
sell its logistics centre in Hamburg in a bid to bring the
realignment of its supply chain organisation programme...
In line with market expectations, global direct sales leader Avon
says that its Strategic Sourcing Initiative is on course to bring
about savings of $400m (€305m) during the course of the next few
US-based GE Energy Financial Services yesterday confirmed it would
take a majority interest in Idex Aquaservices, a France-based
supplier of purified water to the food, beverage and
Avon Products says that as parts of major global restructuring
plans it is to build a state-of-the-art distribution facility in
the Midwest, leading to the consolidation and closure of two
distribution centres in Delaware and Illinois.
The battle for Japaneseconsumer giant Kanebo and its cosmetics
division has been narrowed down to three players that include
Japanese personal care giant Kao, and investment groups that
include European and US companies.
Swedish direct sales company Oriflame has said that it expects
sales to grow at faster rates, but that significant investments,
particularly in the China and Russia markets, will impact operating
The investment world has given its seal of approval to P&G's
proposed $57 billion acquisition of Gillette, with analysts
recommending Gillette shares as a good buy, but experts are
expecting that the deal will bring headaches...
Toothpaste maker Colgate-Palmolive says it is axing more than 4,000
of its global work force and closing a third of its 78 factories in
a restructuring plan that aims to save the company up to $300
million a year. Simon Pitman reports.