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...
World leading cosmetics companies have rediscovered "the rest of
the world" - everywhere outside Western Europe, North America
and Japan - as one of the strongest forces driving sales growth.
With increasing incomes, the...
Proctor & Gamble and Vidal Sassoon have announced that a
lawsuit claiming P&G had deliberated sabotaged Vidal Sassoon
hair care products in favour of other brands in the North American
and European markets has been settled...
Sometimes not following market trends and competitors, but sticking
to your own business and marketing strategy may be the best way to
succeed. One of the best examples of this is Avon, the sixth
largest global beauty company, which...
Procter & Gamble believes the beauty care business is a faster
growing, higher-margin and more asset effective business than food
and household products. Shifting its business to beauty care over
the last several years has boosted...
Airspray, the world's leading designer, manufacturer and marketer
of innovative dispensers for the cosmetics and personal care
sectors reported a significant slowdown in sales and profit growth
in the first half of 2004 due to...
Sephora, the French concept of selling beauty products from
elaborate retail outlets, is to set up shop in Toronto before the
end of the year. This move completes its effort to conquer the
North American market begun in 1998.
Looking for higher growth and lower risks, the world's leading
cosmetics companies are diversifying their distribution channels,
in particular focusing on mass retail outlets which they had
previously spurned. Estée Lauder is...