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.
A weakened dollar could help to boost revenues for a number of
international US-based cosmetics companies, especially those with
exposure in Europe. But with materials and ingredients being
increasingly sourced overseas, the impact...
Continuing the decline in sales experienced during 2005, Inter
Parfums has reported a dip in its dollar sales for the first
quarter of 2006 as the company struggles to improve its ground in a
hugely competitive market.
Oriflame says that euro currency sales growth of 24 per cent in its
fourth quarter, ending in December - a strong end to a year marked
by restructuring and a major push into developing markets.
Inter Parfums says it is expecting a 10 per cent boost in its sales
next year on the back of a plethora of prestige fragrance launches,
as well as the freshly signed deal to supply personal care goods to
the Banana Republic and Gap.
Swiss-based global fragrance and flavours giant Givaudan says that
a down-turn in its performance for the first six months of the year
was buouyed by a stronger showing from it international fragrance
operations.
Beiersdorf, the German based cosmetics giant and owner of the Nivea
brand, has reported second quarter results that have exceeded
analysts expectations, as sales rose nearly 6 per cent.
Gillette has reported a significant rise in both quarterly sales in
profits boosted by a series of new product launches. The results
leave it in good shape for the proposed merger with P&G later
this year, reports Simon Pitman.
P&G is building on four years' of solid growth, having revealed
that its most recent quarterly results are continuing the trend and
is pointing to the proposed merger with Gillette as a means of
continuing the current momentum...
P&G appears to be going from strength-to-strength, with the
announcment that it has increased its first quarterly sales by 10
per cent, exceeding market expectations. Analysts say that the
performance is proof of the company's...
Direct sales player Oriflame has announced a significant drop in
its first quarterly profits despite a healthy increase in sales.
The results reflect last year's IPO and refinancing expenses,
reports Simon Pitman.
Airspray, the world's leading designer, manufacturer and marketer
of innovative dispensers for the cosmetics and personal care
sectors reported a significant slowdown in sales and profit growth
in the first half of 2004 due to...
Avon raises its earnings forecast and announces new cash management
and tax strategies that will see more of the US-headquartered
company's international earnings remain offshore, taking advantage
of overseas sales and profits...
Airspray, the maker of cosmetic dispensers for Unilever, Wella and
L'Oréal - achieved strong sales growth last year despite the
weakening of the US dollar, aided by its currency-risk management
and galloping volume growth.
Beiersdorf, the German manufacturer of Nivea cosmetics, has
reported a fall in turnover for the first time in many years. In
its results to year end, the company reveals that turnover fell by
1.5 per cent to €4.67 billion in real...
Direct cosmetic seller Avon Products has benefited from favourable
'currency tailwinds' in the third quarter as well as strong sales
in the US, keeping it well on track to meet, or exceed, its
financial targets. Sales for...
Number one flavour and fragrance house reports a drop in sales for
the second quarter, hit by a slip in European and North American
sales. International Flavors & Fragrances had expected sales to
increase by 5 per cent on 2002,...
Avon Products, a world leader in direct selling of beauty and
related products, today said it expects sales and earnings per
share in the second quarter and full-year 2003 to increase in line
with preliminary estimates.
In the first quarter of fiscal 2003, German pharmaceutical group
Henkel increased sales, adjusted for foreign exchange effects by
2.8 per cent, over the prior-year period to €2.3 billion. Before
adjustment, sales were 3.1 per cent...
Swiss pharmaceuticals group Roche warned that while work at its
vitamin C plants is proceeding as planned, short to mid-term supply
of the nutrient is expected to remain tight.
