Burberry fragrance sales have once again boosted results for Inter Parfums and the US-based fragrance player has reported a twenty percent increase in second quarter sales.
A significant jump in sales has driven a fifty percent increase in
first quarter profit for Inter Parfums thanks to a successful
Burberry fragrance launch.
Kimberly-Clark has reported that its first quarter profits fell by
2.5 percent after being hit by higher cost pressures, despite a
strong increase in sales.
Maesa (previously Parfum d'image) has announced plans to create a
Shanghai subsidiary to expand the company's business in China after
successful first quarter results.
Despite Estee Lauder reporting a healthy increase for its first
quarter sales, profits have been hit by lower operating income as a
result of increased marketing expenses and falling US sales.
Riding a significant rise in demand for its mineral-based cosmetic
products in the US market, Bare Escentuals is eyeing expansion in
overseas markets, supported by its acquisition of a UK distributor.
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.
Fragrance, colors and flavors firm Sensient Technologies has
reported strong results for its fourth quarter and full financial
year, following higher sales, improved product mix and increased
prices.
Avon's turn around is starting to happen, after the company
reported a 9 per cent boost in sales for the fourth quarter on the
back of strong fragrance and color sales.
Not only has the acquisition of Gillette helped global giant
Procter & Gamble to boost its sales, subsequent synergies and
consolidation have helped the company achieve strong profit growth.
Global fragrance and personal care player Inter Parfums says that
strong sales of its newly launched Banana Republic personal care
lines have helped to drive a 37 per cent increase in sales for its
final quarter of 2006.
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.
Cosmetics have emerged as the fastest growing non-food product in
the Romania retail sector, proving that previous decisions by
international cosmetic manufacturers to target the rapidly
expanding category were the right move.
Cosmetic and fragrance giant Elizabeth Arden posted a quarterly
loss on Friday, as it was hit by restructuring costs, but with
marketing spend lower than expected and sales still strong, the
underlying results appear to be solid.
Despite sales rising significantly, profits at Avon have been hit
by a rising ad spend, restructuring costs and charges relating to a
tax dispute in the company's UK arm.
On the back of its new shipments to Banana Republic stores and
higher Burberry sales, Inter Parfums has reported a 19 per cent
hike in sales, prompting it to increase its outlook for the 2006
financial year.
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.
It has been a turbulant week for US fragrance producers, with Inter
Parfums announcing flat quarterly results on the back of forecasts
for falling results at rival Parlux.
Although sales are still growing strongly, Estee Lauder has posted
a 27 per cent drop in its net income after being impacted by
restructuring charges. But the company says that it is terrorism
threats that could pose a significant...
Tupperware Brands, the US-based retailer of kitchenware, cosmetic
and beauty products, has announced a disappointing second quarter
in Europe and the US, further exacerbated by falling cosmetic and
beauty sales.
Eastman Chemical has reported a big dip in its first quarter
profits on the back of rising costs, production disruption and a
sluggish performance from its polymers division.
Avon has reported a 67 per cent drop in its first quarter net
income as restructuring charges aimed at reinvigorating sales hit
the company's bottom line.
Revlon has reported a strong fourth quarter, with profits up an
impressive 38 per cent following strong sales of its Vital Radiance
line and a successful repositioning of its Almay brand.
Direct sales giant Avon has reported a 36.7 per cent drop in its Q4
income as it tackles fierce competition and rising costs. The
disappointing results coincide with the decision to pull out of the
Indonesia market, which also knocked...
The first full quarter financial results following the merger with
Gillette spell a big success for P&G. Results were well ahead
of expectations after the world's largest consumer goods company
more than tripled revenue growth,...
Kimberly-Clark has reported that its price rises have helped to
off-set soaring energy and raw material costs, allowing it to meet
market expectations for the third quarter.
Parlux Fragrances looks to have struck gold with its crop of
celebrity and designer fragrances licenses and is expecting to
report an impressive 74 percent increase revenue for Q2 compared
with last year.
Lisi Group, the France-based automotive, aerospace and cosmetics
packaging provider says that sales for its cosmetics division have
rebounded in the second quarter following a bad start to the year.
Kimberly-Clark has announced a major restructuring programme that
will see around 20 plants sold or shut down and the loss of 10 per
cent of its workforce. The majority of the 6,000 job losses and
plant closures are expected to happen...
Parlux is continuing to win applause from analysts and financial
experts after reporting a 38 per cent rise in net profits for its
fourth quarter earnings on the back of a 32 per cent hike in sales
- thus proving that major licensing...
Canada-based Alcan is to sell its European beauty bottle business,
Decoplast, to IPH Group Spid - a move that sees the small French
company breaking into beauty packaging for the first time,
reports Simon Pitman.
Valois, the world's leading spray systems manufacturer for the
health and beauty market, has reported a steady increase in its
sales revenue and net income despite tough international
conditions, reports Simon Pitman.
Inter Parfums has reported that in its first quarter ending March
31, net earnings dropped nearly 8 per cent following increased
expenditures relating to both royalties and marketing, reports
Simon Pitman.
The maker of the Nivea brand has announced first quarter sales
broadly in line with the previous quarter, but a small increase in
profits helped the company to achieve a respectable bottom line,
reports Simon Pitman.
Revlon has reported that it has significantly narrowed its first
quarter losses despite a small fall in its revenue. Overall the
results were below expectations - a better performance being pinned
on a significant reduction of in...
Avon has announced a significant increase in its first quarterly
sales, leading to an even bigger jump in net profits. Although the
UK market registered a slump in sales, it was the central and
eastern Europe markets where extraordinary...
Sales at UK accessories and fragrances group Burberry were flat
during the second half, the firm said today, but it forecast
full-year profit growth of at least 15 per cent.
Inter Parfums has reported its fifth consecutive year of strong
sales growth and increased income for its full financial year,
despite the bottom line being impacted by taxes and interest on
debt repayments in the final quarter, reports...
Brazilian direct cosmetics sales company Natura has reported a
growth in sales of nearly 30 per cent and a very healthy increase
in profits, following its expansion into the Mexican and French
market during the course of the year,...
Liz Claiborne has reported a strong final quarter for its financial
year 2004, but a mixed performance for its cosmetic revenues clouds
an otherwise good year for the US fashion house.
US personal care company Nu Skin's net income suffered from a
conference payment in Q4, but the company was happy with the large
revenue it brought in during the period.
Avon has reported that sales grew ten per cent during 2004,on the
back of a continued growth during the fourth and last quarter. But
currency weakness and a slack US market continue to hamper
otherwise healthy results.
Imagenetix, the US-based manufacturer of nutraceutical skin care
and joint care products, has continued to grow on the back of
increasing sales, the company's latest quarterly results reveal.
But even stronger future growth is...
Technology Flavors & Fragrances, a provider of flavour and
fragrance product formulations that are used to develop customised
products cosmetic and toiletry products worldwide, has reported
flat sales and a mounting loss for the...
Nu Skin Enterprises, a worldwide direct seller of personal care
products, has reported a 20 per cent increase in net revenue.
Foreign currency fluctuations, product launches in the US and
momentum in Mainland China have all been attributed...
