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.
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.
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
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.
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
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,...
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.
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
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...
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,...
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...