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Financial focus

Financial focus

Examining the financial movements of all the big players, from ingredients suppliers to packaging providers. Volatile oil prices, banking turmoil and nervous consumers are forcing companies to rethink their business strategies. Articles will dig into the shifting landscape, reveal how the cosmetics world is adapting and break news of the latest financial results and market data.

Strong dollar leaves shortfall in P&G revenues

23-Apr-2015 - Procter & Gamble posted its fifth successive quarter of falling revenues, after its third quarter results were heavily impacted by currency translations.

Inter Parfums seeks first fashion/ fragrance fusion with Rochas acquisition from P&G

20-Mar-2015 - Inter Parfums French subsidiary has entered into an agreement with Procter & Gamble to acquire the Rochas brand for $108 million, in a move that will look to fuse fragrance...

Private equity escalates market share of rebranded beauty company

16-Mar-2015 - Previously known as Parfums de Coeur, pdc brands relaunched to the mass market with product portfolios in the fragrance, bath and first-aid segments.

Personal care container manufacturer Pretium acquires Intertech

25-Feb-2015 - The plastic bottle maker is shopping for more companies to further grow its technological capacities and market reach.

Rodan + Fields up for sale?

19-Feb-2015 - The direct sales skin care brand and Wells Fargo are weighing the options, as the company eyes further expansion into international markets.

Avon fortifies US business, closes operations in the Caribbean

16-Feb-2015 - The direct sales beauty company terminated contracts with representatives in 16 island nations, not including Puerto Rico and the US Virgin Islands.

Pantene earns social capital sponsoring grants to colleges

10-Feb-2015 - The brand’s Shine Strong program continues this year with funding recently awarded to 11 US campus action projects in partnership with the American Association of University Women.

Estée Lauder US color cosmetics sales save the day!

05-Feb-2015 - Despite a drop in demand for Estée Lauder’s heritage brands, US sales were on the up; thanks to new product introductions, holiday sets and expanded distribution in the company’s make-up and...

Lonza’s progress toward a fully market-driven business model

26-Jan-2015 - The specialty ingredients supplier, which counts the personal care and cosmetics industries among the markets it serves, has announced its latest financial performance results.

Color cosmetics maker Intercos partners with Catterton private equity

17-Dec-2014 - The equity firm is acquiring a minority stake in Intercos to expedite the beauty supplier’s international expansion.

Ingredient shipping delays slow production at Emilia Cosmetics facility in Mississippi

18-Nov-2014 - The company, which has been operating the facility DeKalb, Mississippi, since April, has laid off nearly half of the employees there until delayed ingredient shipments arrive.

Brazilian personal care chemicals and ingredients distributor D'Altomare Química acquired by Univar

10-Nov-2014 - Univar chose D'Altomare Química to help develop its South American market and position the chemical distributor as a solution-oriented service provider in the personal care sector.

Coty reports flat revenues for last quarter and full year

02-Sep-2014 - Coty has reported flat sales revenues for its last quarter of the financial year on a struggling North American market, while profits bow under the weight of restructuring.

Top ten emerging beauty industry brands set for bigger things

27-Aug-2014 - With the global economy now showing clear signs of picking up merger and acquisition activity has followed suit this year, which is putting the spotlight on some of the more interesting...

Valeant's hostile bid for Allergan hits hurdles

20-Aug-2014 - Pharmaceutical giant Valeant’s move to create a second-step merger with Botox-maker Allergan has hit hurdles, as Allergan’s CFO resigns at the same time the company is said to be seeking out an alternative...

Estée Lauder fourth quarter results show big growth

18-Aug-2014 - Luxury international cosmetics player Estée Lauder posted record-breaking fourth quarter and full year results that show the company is continuing to lead the field.

P&G fourth quarter shows continued slide in sales

04-Aug-2014 - Procter & Gambler has revealed that its net sales slipped 1% in the fourth and final quarter of the year, capping off a challenging year, with the company now set...

News in brief

L’Oreal’s new $17 million distribution centre

13-May-2014 - After nearly two years in the making, L'Oreal confirms it has completed its move to open up a major new US distribution center.

Millennial men driving male grooming in US

03-Apr-2014 - As the sector rises globally, market researcher Canadean’s latest report hones in on the sector’s current and upcoming US trends.

Argentina proving a tough nut to crack

10-Mar-2014 - While neighboring Brazil continues to dominate in the global beauty industry, a spotlight recently shone on Argentina by market research firm Euromonitor reveals brands are finding it much tougher going...

Fragrance sector smelling sweet in America

06-Mar-2014 - Sales are still on the up for the flavors and fragrance industry in America, and are expected to reach $6 billion by 2017, according to research firm Euromonitor.

Coty faces class action for alleged IPO malpractice

25-Feb-2014 - New York law firm Pomerantz has filed a class action against Coty, alleging that the beauty giant misled investors when it went public last year.

Market preference drives deodorant variety, despite dominance of aerosols

20-Feb-2014 - Despite the dominance of the aerosol format, roll-ons are sticking around thanks to variation in market demand across the globe, according to research firm Euromonitor.

Avon Q4 results continue downward trend, investors give thumbs down

17-Feb-2014 - Avon released fourth quarter results showing that sales continue to slide at an alarming rate, just as it also announces a big hit from its bribery investigation.

Restorsea files lawsuit against Aqua Bio Technology

13-Feb-2014 - US-based skin care company Restorsea has filed a lawsuit again Norway-based Aqua Bio Technology (ABT) claiming it breached a businsess contract, allegations ABT says it will fight against.