L'Oreal has managed to reach its financial year sales target, helped by the concentration of products launched in its first and last quarter. However, the cost of achieving this growth may translate into low earnings for its 2003 second half results...
Beiersdorf, the German manufacturer of Nivea cosmetics, has
reported a fall in turnover for the first time in many years. In
its results to year end, the company reveals that turnover fell by
1.5 per cent to €4.67 billion in real...
German-based Henkel Group is to further strengthen its hair
cosmetics business through the acquisition of US company Advanced
Research Laboratories (ARL). The agreement will push the European
company into third position in the US...
Kao, Japan's biggest maker of toiletries, plans to add cosmetics to
its product lineup in China by the middle of next year in a bid to
find faster markets for growth. Kao's plans for China is aided by
its intention to purchase...
Avon is to become the first cosmetic company to put its name to a
co-branded credit card. The company's innitiative is set to cause a
ripple throughout the whole industry sector as companies strive to
stay ahead in an increasingly...
Atrium this week announced its full acquisition of active
ingredient supplier Siricie. The €1.6 million cash deal
demonstrates the trend of biotechnology companies moving further
towards novel products.
Tokyo is set to become L'Oréal's third largest operational centre
today, following the company's shareholding extension in Japenese
Shu Uemura Cosmetics. The agreement confirms the company's
commitment to globalising...
Procter and Gamble, owner of the Olay, Pantene and Head &
Shoulders lines and recent acquirer of Wella, today announced
healthy Q1 results including double-digit earnings growth for its
beauty and health care segments.
Kao, Japan's leading manufacturer of specialty chemicals and
personal care and household products, and Kanebo, the country's
second largest cosmetics maker, have announced a provisional
agreement to consolidate the two companies'...
The consortium led by German coffee company Tchibo has signed an
agreement to purchase a 40 per cent holding in Nivea creams maker
Beiersdorf from German insurer Allianz, upping the stakes in a
potential takeover bidding war between...
Better business plans, closer consumer relationships, tighter
customer partnerships, more sustainable growth' was the slogan
provided by Procter & Gamble's president A.G. Lafley in an
upbeat address to the company's...