In the first financial results call since its merger, fragrance and flavours company DSM-Firmenich AG presented its half-year and Q2 sales results on a pro forma basis.
The social media company said its new 'Fulfilled by TikTok' programme will make it “easier than ever for merchants using TikTok Shop to sell on the platform.”
Understanding consumers’ needs is the first step to fulfilling them, but that can be challenging when they already have misguided preconceptions of how a product works, veteran cosmetics and personal care researchers say.
International beauty major L’Oréal has reported strong sales growth for the first half (H1) of 2022, with much of business returning to or exceeding pre-pandemic levels and net profit surging.
International beauty major L’Oréal has reported a strong rise in sales and net profit for the first half (H1) of 2021, with e-commerce and North America performing particularly well during Q2.
International beauty major L’Oréal has reported a surge in global sales for the first quarter of 2021, though activity in Western Europe remains in decline because of the ongoing impact of the COVID-19 crisis, its CEO says.
L’Oréal has reported its strongest sales growth in a decade, with Luxe and Active cosmetics surging significantly and e-commerce growing ‘spectacularly’, according to its CEO and chairman.
International skin care major Beiersdorf has released its unaudited, preliminary sales for 2019, spotlighting Nivea, La Prairie and Eucerin as key growth drivers.
Next year will prove challenging for German personal care major Henkel as industrial uncertainty hits its adhesive technologies unit, despite good growth expected for beauty, laundry and home care.
Coty has revealed its fourth quarter and full year results, with the latest quarter underscoring the company’s downward trend, as sales drop 8% and earning falling by 6%.
Online retail is tipped to be a key growth point for the beauty industry in the coming year. We caught up with the head of a dynamic, young beauty platform, Slapp.
Silgan Holdings Inc., a leading supplier of rigid packaging for consumer goods products, has announced that it has completed its acquisition of the dispensing systems business of WestRock Company.
The global beauty giant is said to be considering a £1bn sale of the ethical British skin care business, as the retail unit continues to slump in contrast with L’Oréal’s wider performance.
Smurfit Kappa, one of the world’s leading paper-based packaging companies, has been recognised for its efforts in beauty and fragrance at the POPAI awards.
The organization announced the top 20 direct-sales companies among its membership in the US earlier this month at the event in Phoenix, Arizona. And leading companies like Mary Kay came away with further accolades.
L’Oréal is continuing to target the digital arena and is looking to online to continue to drive growth following a year in which it has invested heavily in the sector and e-commerce sales have been impressive.
A probe by China's authorities into the direct seller Nu Skin’s business practices in the country could result in the possibility of fines or sanctions, the company has confirmed, but analysts believe the business will pull through.
Beauty behemoth L’Oréal has opted for Mega Airless' dispensers for its Garnier brand’s newly launched UltraLift Swirl 2-in-1 Serum + Cream anti-wrinkle formula.
Beiersdorf has engaged UK-based Brandbank as part of a concerted drive to up its digital presence and online sales; one of the company’s top business priorities.
Shiseido has forged a joint venture allowing it to start commercial operations in Turkey, a move that is line with the Japanese cosmetic giant’s expansion in smaller but important emerging markets.
Analysts at investment bank Liberum Capital expect Unilever to sell its food arm, excluding the ice cream and beverage category, for an estimated figure of €14bn in an effort to grow its home and personal care business.
Japanese cosmetics brand Shiseido has said that if consumer demand and the appropriate retail channels exist, it will continue to expand into new markets as part of its aim to become ‘a global player representing Asia with its origins in Japan’.
Avon Products is selling its 74.7 percent stake in Avon Japan to affiliate TPG Capital as part of aims to focus the business on high value direct sales.
As part of the ongoing fight against the sale of counterfeit products online, the French government has introduced a charter containing a number of principles to be signed by manufacturers and e-commerce platforms alike.
The Anglo-Dutch consumer goods maker has announced strong results on the back of the sale of food operations and increased selling prices during its fourth quarter.
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...
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.
Leading Japanese and global cosmetics player Shiseido has pulled
back into profit following improved sales and reduced labour costs,
but it is predicting that sales growth will slip in the coming year
as a result of competition.
Following its sale to Russian group Kalina, Dr. Scheller has
announced a 9.3 per cent jump in sales for the third quarter,
although increases in profits are pegged back by account changes
and valuation adjustments.
International consumer goods maker Sara Lee has confirmed that it
is selling its direct sales cosmetics business to Tupperware for
$577 million. The move forms part of the company's bid to redefine
its over-stretched product...
The China government has revealed details of new licensing laws for
direct selling - legislation that is expected to herald a huge
surge business for players such as Avon and Orilfame, reports
Simon Pitman.
A new consumer code from the UK's Direct Selling Association has
been launched by the Office of Fair Trade. The ruling will impact
cosmetic and personal care businesses such as Avon who rely on
door-to-door sales as the main...
Although the US market for fragrances has shown a distinct downturn
in recent years, an upturn in 2004 was driven by rising demand from
the Hispanics market, combined with the continued strength of big
name endorsements. Simon Pitman...
E Com Ventures has announced that its wholly owned subsidiary,
Perfumania Marketing, achieved a rebound in its sales performance
for February, following a challenging January, reports Simon
Pitman.
Avon is cutting back on non-cosmetics lines such as jewellery and
toys and concentrating on its international markets in an effort to
stem the effects of a slow US market, which the company forecasts
will not pick up during the course...
Europe continues to lead the way in the global fragrance market,
with a recent market report pointing out that it now accounts for
40 per cent of all international sales. But a closer look at
individual markets reveals a mixed bag...
Sometimes not following market trends and competitors, but sticking
to your own business and marketing strategy may be the best way to
succeed. One of the best examples of this is Avon, the sixth
largest global beauty company, which...
Avon Products, the sixth largest global beauty company, reported
excellent sales growth in the second quarter, boosted by the
surprisingly fast-growing emerging markets. Focusing on China and
Russia, the company says it will reinvest...
Chemical and ingredients distributor Univar has consolidated its
operations by creating a dedicated sales and services contact for
the specialist personal care and pharmaceutical markets.
Del Laboratories - a mass-market manufacturer of nail care products
- has announced it is to license Elizabeth Arden trademarks for its
new salon product line. The agreement marks the company's first
entree into the professional...
Avon Products is to closely follow developments in China this year
for a change in direct-selling legislation. Avon - the world's
largest direct seller of cosmetics to consumers - says it is ready
to resume direct-sales in the...
The deal announced in early September for the sale of Noiro, the
cosmetics and detergent business of Finnish healthcare specialist
Orion Corporation, to funds managed/advised by CapMan was closed
today.
![L'Oréal's luxury division performed especially well, with wider beauty market promise most notable in fragrances and makeup - both rebounding strongly in H1 2022 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/08/02/l-oreal-h1-q2-2022-net-profit-soars-25-with-sales-strong-worldwide-and-luxury-active-cosmetics-solid/15649665-1-eng-GB/L-Oreal-H1-Q2-2022-net-profit-soars-25-with-sales-strong-worldwide-and-luxury-active-cosmetics-solid.jpg)
![L'Oréal's Professional Products division which stocks salons worldwide with hair care products performed especially well in Q2 2021 [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2021/07/30/l-oreal-h1-2021-sales-and-net-profit-rise-worldwide-with-north-america-and-professional-products-strong/12696052-1-eng-GB/L-Oreal-H1-2021-sales-and-net-profit-rise-worldwide-with-North-America-and-Professional-Products-strong.jpg)
