Sales are down and profits have been drastically hit for Helen of Troy’s second quarter results as the company’s personal care division feels the pinch.
Celebrity scents have boosted second quarter sales for Parlux Fragrances, which is currently launching Paris Hilton’s latest offering for the holiday season.
BASF has announced plans to acquire rival firm Ciba for €3.8bn in a move that will extend significantly its range of products for the plastics and coatings industries.
Building on its strength in scalp care category Procter & Gamble has acquired Nioxin Research Laboratories, which specializes in products for thinning hair.
Recent financial results from leading cosmetics firms have been
mixed but historical data from Kline suggests the US downturn may
give them reason for cheer.
Fragrance and flavours supplier Givaudan has signed a partnership
with Colgate-Palmolive which will allow it to collaborate with the
personal care company on future products.
