Despite announcing rising profits yesterday, both Unilever and
Proctor & Gamble saw their stock prices slip, reflecting
growing concerns over excessive competition in the FMCG sector.
Simon Pitman reports.
L'Oreal, the world's biggest cosmetics group, said this week that
sales had increased 3.7 per cent rise in the first nine months,
largely thanks to its hair salon and luxury retail products, and
that it was on track to achieve...
Food and cosmetic companies in France have received letter threats
from an unidentified group warning that if they refuse to each pay
€1 million, their products will be poisoned, reports the French
One of the world's largest beauty companies, Procter and Gamble
(P&G), has announced a licensing agreement which allow it to
add IMAN and I-MAN skincare products to its extensive cosmetics
portfolio - as well as giving it...
Italian fashion brand Miss Sixty announced last week that it is to
launch a new line of fragrance, marking its first foray into the
sector - and signaling the continuing allure of the cosmetics
market to designer clothes labels. Tom...
Sales of care chemicals were up 3 per cent in the first half of
this year at German company Cognis, which said the increase to €577
million was driven largely by the skin care and fatty alcohol
Sales at the world's biggest supplier of flavours and fragrances,
Swiss company Givaudan, have been hit by the discontinued sales of
fragrance ingredients and adverse conditions for flavours but the
company said its current fragrance...
According to a new report, the major forces in the cosmetics
industry - that include L'Oreal, Proctor and Gamble (P&G) and
Unilever - are turning away from sluggish US domestic markets, and
focusing their attention on the...
Leading Russian cosmetics players Koncern Kalina has reported a 34
per cent increase in its profits for the first half of 2004. The
growth came about from a significant increase in sales, reflecting
a shift towards higher margin products...
The Alberto-Culver Company announced earlier this week that fourth
quarter and fiscal year 2004 sales and profits results were in line
with expectation, placing the company in a good position to exceed
analysts estimates, despite...
Fierce competition in the consumer goods sector has driven Unilver,
maker of some of the world's leading cosmetics and toiletry brands,
to cut back its earnings outlook for 2004 with a view to changing
it five-year sales targets.
Cosmetics giant Avon says that it is expecting strong profit and
sales growth to continue in to its third and fourth quarters. The
company said that despite flat sales in the US market, strong sales
in Central and Eastern Europe together...