Procter & Gamble continued to post stronger quarterly results, with profits also bouncing back, but both beauty and grooming sales are down as the company continues to fight in order to maintain its market share in these categories.
A big rise in second quarter sales comes off the back of significant growth in the company’s celebrity endorsed fragrances sales worldwide, but the performance still came in below expectations, forcing the company to lower its outlook.
Fragrance player Inter Parfums saw its net sales drop for the third quarter ended September 30, 2012, despite results in the US making up for losses from its European operations.
P&G first quarter profits were slightly down on higher commodity costs despite sales taking a big leap, but the outlook is more challenging as currency gains are expected to be wiped out.
Global cosmetics firm Revlon announced its fourth quarter and year results, reporting an overall increase in net sales despite problematic currency fluctuations in Latin America.
Growth in all its geographical markets excluding the US helped France-based natural cosmetics company L’Occitane deliver a profit above original estimates.
Cost-cutting measures, the discontinuation of the ill-fated Vital
Radiance line and general restructuring have helped take Revlon
back from the brink, as its latest quarterly results finally start
to show clear evidence that it is...
Continued expansion in Asia and a 12.4 per cent rise in
sales were the key highlights during the
first quarter 2007 for international packaging group Crown.
Playtex has announced steady growth for its fourth quarter sales
and net profits, boosted by a particularly strong performance from
its skin care sales, which were up by nearly 18 per cent.
Global cosmetics packager Crown Holdings has announced the launch
of a new website, a move that sees it embrace the online era and
increase industry awareness of the company.
Despite an overall increase in net sales, cosmetic leader, Revlon,
reported a third quarterly loss on Tuesday, due to costs incurred
for the discontinuation of unsuccessful product line, Vital
Radiance, and company restructuring.
Elizabeth Arden joins the swell of cosmetics companies delivering
strong first quarterly results, attributing the improvement to its
brand association with Britney Spears fragrance.
Domestic and brand name fragrance firm Inter Parfums reported a
hefty rise in net sales for the first quarter, pushing the company
to raise its 2004 sales guidance.
