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...
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...
Despite global sales rising 9.5 per cent Colgate-Palmolive has
reported an 11 per cent drop in net profits for its first quarter
results. However, the company said that increased advertising
expenditure had managed to ensure sales...
L'Oreal chief executive says that the company's strong performance
in the US market is being overshadowed by sluggish sales in Europe.
Meanwhile the company's continued focus on the China market is
market by a major...
Kimberly-Clark says it is combining its North Atlantic Personal
Care and Family Care businesses into a single organization under
the leadership of Steve Kalmanson. The announcement comes off the
back of a strong set of financial results...
The Gillette Company says it has filed its own law action against
Massachusetts Secretary of State William Galvin in response to a
subpoena claiming that acquirer-to-be P&G is offering too
little for the global razors and toiletries...
Japanese textiles and cosmetics group giant Kanebo has admitted to
inflating profits by about $2 billion over the five-year period to
March 2003, in what could be Japan's largest accounting fraud
involving a non-financial firm.
Procter & Gamble's board of directors has unanimously agreed to
propose the declassification of its board structure and annual
election of directors to its shareholder AGM in October, a move
make it more accountable to shareholders.
Cognis Care Chemicals has reported a stronger financial performance
in 2004 thanks in part to a restructuring of the division. The
results helped the privately-owned German group to reduce its debts
by more than half compared to the...