Avon is cutting back on non-cosmetics lines such as jewellery and
toys and concentrating on its international markets in an effort to
stem the effects of a slow US market, which the company forecasts
will not pick up during the course...
Inter Parfums says it expects sales for 2005 to be well ahead of
its original guidance following the strong performance of British
fragrance brands and the continued success of several new launches.
Simon Pitman reports.
Imagenetix, the US-based manufacturer of nutraceutical skin care
and joint care products, has continued to grow on the back of
increasing sales, the company's latest quarterly results reveal.
But even stronger future growth is...
Natural cosmetics maker Oriflame has reported a steady increase in
sales for the first nine months of the financial years, although
the most recent quarter bucked that trend, reflecting increased
costs and currency movements in international...
US-based multinational Revlon has announced a decline in sales of 7
per cent for its third quarter. As well as trying to trying to
refinance its growing debts, the company is also struggling to hold
on to its costumers.
An investment arm of the Canada-based Onex Corporation, Onex
Partners LP, has announced it has acquired the parent company of
Cosmetics Essence (CEI) - the largest contract manufacturer of
alcohol-based fragrance products in the United...
Ahead of Beiersdorf's third quarterly financial results, analysts
are warning that the Germany-based manufactuer of personal care
products is heading for a weak performance, citing a slow domestic
market as one of the leading...
Estee Lauder has reported a strong first quarter, with profits
rising 23 per cent to $95 million. And like the rash of other
cosmetics companies posting good results in the last week, it is
the international markets outside of the...
Despite Wella reporting a 7.2 per cent increase in sales for its
core cosmetics and fragrance business in the first six months of
the year, the company has reported a drop in group profits bought
on by restructuring costs - a factor...
Russia is a bread country - it has been a staple part of the diet
there for centuries, and to many people it is as much a part of the
Russian way of life as tea or vodka. But even a product with such
an impressive heritage needs to...
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.