Personal care giant Procter & Gamble (P&G) has reported a small rise in net sales and a dip in net profit for the first quarter of fiscal 2023, forecasting a continued difficult cost and operating environment, particularly in Europe, for the rest...
Personal care giant Procter & Gamble (P&G) has reported a net profit rise for the full fiscal year 2022, though beauty and grooming dipped in the fourth quarter and challenges remain ahead, according to its CEO.
Personal care major Johnson & Johnson (J&J) has reported a rise in first half (H1) sales for 2022 despite a dip in pre-adjusted profits and consumer health sales hit by COVID-19, input costs and supply issues.
Consumer goods major Unilever has reported net sales growth for the first half (H1) of 2022, despite continued high inflation and slower global growth that will continue well into the second half of the year, according to its CEO.
Consumer goods major Unilever has reported growth in full-year 2021 net sales and net profit, with a strong performance in beauty and personal care, but has said a dramatic rise in input costs remains a considerable challenge.
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International personal care major Colgate-Palmolive is continuing to take worldwide pricing action and strengthen innovation and productivity to counter the ongoing cost inflation crisis, its chief financial officer says.
Supply and transport disruptions caused by the ongoing COVID-19 crisis and compounded by Brexit have been the most difficult hurdle for UK beauty and personal care businesses this year.
Personal care major Unilever has reported a net sales rise for its third quarter (Q3) of 2021, with strong growth in the Americas and across its prestige beauty division, but the future will prove challenging as price inflation continues.
Personal care giant Colgate-Palmolive has reported a net sales rise for the second quarter (Q2) of fiscal 2021, with a particularly strong performance in Europe, Africa and Eurasia.
Personal care giant Colgate-Palmolive has seen net sales rise for the first quarter (Q1) of 2021, bolstered by a particularly strong surge in APAC, thus continuing its growth trajectory despite ongoing COVID-19-related volatilities.
![Procter & Gamble says 2023 will continue to be a tough year, particularly in Europe where consumers will face significant inflationary pressures [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/procter-gamble-q1-2023-net-profit-dips-net-sales-rise-amidst-difficult-cost-and-operating-environment/15873716-1-eng-GB/Procter-Gamble-Q1-2023-net-profit-dips-net-sales-rise-amidst-difficult-cost-and-operating-environment.jpg)
![Along with continued operational costs and currency challenges will be inflationary pressures facing consumers not seen in the last 40 years over the next fiscal year [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/08/03/procter-gamble-fy2022-q4-results-see-net-profits-rise/15655500-1-eng-GB/Procter-Gamble-FY2022-Q4-results-see-net-profits-rise.jpg)
![Supply constraints and inflationary pressures around input costs has continued to plague the global beauty and personal care category [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/07/28/johnson-johnson-q1-h2-2022-results-up-but-consumer-health-sales-dip-amid-supply-input-issues/15636276-1-eng-GB/Johnson-Johnson-Q1-H2-2022-results-up-but-consumer-health-sales-dip-amid-supply-input-issues.jpg)
![Unilever has been in global negotiations with retailer partners worldwide on tackling high inflation with price hikes [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/07/27/unilever-q2-h1-financial-results-grow-despite-serious-inflation-pressures/15633027-1-eng-GB/Unilever-Q2-H1-financial-results-grow-despite-serious-inflation-pressures.jpg)
![Unilever's CEO says that despite a successful year - with the fastest business growth reported in nine years - ongoing input inflation continues to be the company's biggest challenge [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/business-financial/unilever-2021-full-year-net-profit-up-9-but-inflation-challenges-continue-says-ceo/13242523-1-eng-GB/Unilever-2021-full-year-net-profit-up-9-but-inflation-challenges-continue-says-CEO.jpg)
![A study has shown current sustainability focus and efforts are aimed at environmental impact and sourcing stages but a more 'holistic' approach must be taken [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/01/31/sustainable-beauty-advances-needs-holistic-life-cycle-focus-and-social-push-finds-study/13200044-1-eng-GB/Sustainable-beauty-advances-needs-holistic-life-cycle-focus-and-social-push-finds-study.jpg)
![Colgate-Palmolive, as with many other big beauty players, has rolled out out new pricing strategies worldwide to counter significant cost inflation in commodities and logistics [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/12/23/colgate-palmolive-talks-commodity-and-logistics-cost-inflation-challenges-in-beauty-personal-care/13118987-1-eng-GB/Colgate-Palmolive-talks-commodity-and-logistics-cost-inflation-challenges-in-beauty-personal-care.jpg)
![The ongoing COVID-19 crisis and Brexit have created significant disruptions in the cosmetics supply chain, resulting in cost hikes and availability woes [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/11/23/cosmetics-supply-chain-disruptions-due-to-covid-19-and-brexit-biggest-2021-challenges/13037374-1-eng-GB/Cosmetics-supply-chain-disruptions-due-to-COVID-19-and-Brexit-biggest-2021-challenges.jpg)
![Unilever is facing ongoing rising raw material costs and raised its pricing across its beauty and personal care division, a move that will be tough for consumers in emerging markets where it plays heavily [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/10/21/unilever-q3-2021-net-sales-rise-but-cost-inflation-leads-to-price-hikes-and-tough-future/12947452-1-eng-GB/Unilever-Q3-2021-net-sales-rise-but-cost-inflation-leads-to-price-hikes-and-tough-future.jpg)
![Q2 net sales rose in all regions, except North America, with a strong spike in Europe, Africa and Eurasia [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/08/05/colgate-palmolive-q2-2021-net-sales-rise-fast-despite-covid-19-volatility/12712251-1-eng-GB/Colgate-Palmolive-Q2-2021-net-sales-rise-fast-despite-COVID-19-volatility.jpg)
