Salon hair care specialist Sally Beauty has confirmed that its
Beauty Systems Group will lose its right to distribute L'Oreal
USA's professional beauty care products - a decision that is
expected to significantly impact...
Troubled cosmetic giant Revlon has set the terms for its share
offering, a move that aims to repay mounting debts due to the
failed launch of its Vital Radiance cosmetic line for older women
earlier this year.
North Castle Partners has today announced its decision to sell its
Avalon Natural Products range to Hain Celestial, further increasing
Hain Celestial's prominence within the thriving organics and
naturals market.
By 2010 China is set to surpass South Korea as the second biggest
market for global leader Estee Lauder, according to a company
executive based in China.
A weakened dollar could help to boost revenues for a number of
international US-based cosmetics companies, especially those with
exposure in Europe. But with materials and ingredients being
increasingly sourced overseas, the impact...
After several years in the doldrums, it appears the market for
cosmetics and toiletries is back on track, after sales grew by a
respectable 2.7 per cent in the country this year, the Italian
union of perfumery, cosmetics, toiletries...
As the China market for direct sales opens its doors to more and
more international companies, the number of players trying to tap
into what is tipped to be a thriving growth market has swelled
after US businesses Mary Kay and Amway...
Parlux Fragrances has announced the decision to sell the Perry
Ellis Fragrance brand back to its namesake, Perry Ellis
International clothing (PEI), a move which follows previous
attempts to sell the fragrance brand in a bid to generate...
Migami, a US-based company that has made its name developing and
testing clean air technology, has acquired assets in the company
Innovay, giving it a new direction purchasing licensing rights for
cosmetic and pharmaceutical products.
Following the separation of its Sally Beauty business, hair care
specialist Alberto-Culver is restructuring its operations to give
way to greater efficiency, which will include the consolidation of
its two marketing departments to...
Troubled cosmetics giant Revlon says it is about to refinance its
existing credit agreement as a means of strengthening its balance
sheet and increasing its investment levels, a move that will be
backed up by a share holder offering.
Swiss flavours and fragrance manufacturers, Givaudan, has bought
Quest International, a move that consildates Givaudan stance as
market leaders within the fragrance industry.
Private investors have bought out Delaware-based cosmetics
packaging company, Crown Risdon, a move that is likely to see the
company develop new product lines and continue to target Asian and
European markets.
Germany-based cosmetics and home care producer Henkel has announced
strong results, driven higher by a particularly good performance
from its cosmetics division.
Having gone public in September, Bare Escentuals, a producer of
natural cosmetics announced that its sales jumped 45 per cent on
the back of continued brand awareness and the rise in the naturals
market.
Fragrance and cosmetics maker Inter Parfums has reported record
third quarter 2006 results, as net sales rose 19 per cent, with
established fragrance brand Lanvin being singled out for a
particularly strong performance.
Despite an overall increase in net sales, cosmetic leader, Revlon,
reported a third quarterly loss on Tuesday, due to costs incurred
for the discontinuation of unsuccessful product line, Vital
Radiance, and company restructuring.
Newly-formed makeup.com, an online beauty sales portal, is set to
make a significant mark on the US beauty retail landscape, as
online sales of beauty products continue to make a growing
impression within the sector.
Unilever has reported a 45 per cent drop in profits despite
universal sales growth and a particularly strong performance in its
personal care business.
Barbie license holder Mattel says it has forged a deal with
cosmetic specialist MAC that should see Barbie branded cosmetics
aimed at adults hit store shelves in the spring of next year.
Proctor & Gamble has reported a 27 per cent increase in its
sales and a 33 per cent increase in net earnings as the company
continues to power away on the strength of last year's merger with
Gillette and a continued improvement...
Proctor & Gamble looks set to fulfill its forecasts for its
fiscal first quarter, as financial analysts back up the positive
outlook ahead of results being published later today.
Despite sales rising significantly, profits at Avon have been hit
by a rising ad spend, restructuring costs and charges relating to a
tax dispute in the company's UK arm.
On the back of its new shipments to Banana Republic stores and
higher Burberry sales, Inter Parfums has reported a 19 per cent
hike in sales, prompting it to increase its outlook for the 2006
financial year.
Regis, the leading global hair care provider, has announced a joint
venture with Intelligent Nutrients, part of the Horst Rechelbacher
group, in a deal that will see the companies co-operating to
manufacture and distribute a line...
Kimberley-Clark has reported a significant boost in net sales and
income, with particular strength in the personal care sector,
helped by major cost reductions throughout the company.
Glenn Nussdorf, who has a 10.5 per cent stake in troubled fragrance
player Parlux, has made an SEC filing stating his intentions to
acquire a controlling stake in the company as a business
combination transaction to prevent it from...
Sensient Technologies, supplier of fragrances and colors for
cosmetic products, has reported a significant increase in both its
sales revenue and its net profits on the back of strong activity in
both the US and China markets.
L'Oreal has reported continued strong growth for its second
quarter, ending in September - but the US market proves tougher as
retail conditions and distribution problems continue to make it a
challenging market in which to remain...
Global biotechnology company, AVVAA World Health Care Products has
announced a loss for the three months, ending August 31 2006, but
the launch of a new skin care line and increased marketing activity
could soon turn things around.
Parlux Fragrances has confirmed that its number one licensed
fragrance brand is not up for sale. The news came following a
decision made by Perry Ellis International (PEI) that it would not
give its consent to the sale.
New Jersey-based IGI, a developer of technologies for skin care
applications, is making clear moves in preparation for a takeover,
after the company's financial representatives stated that some of
its past clients may be interested...
New Jersey-based CCA industries, a marketer of niche beauty and
health products, has announced a considerable increase in its third
quarter sales that is helping to drive the company towards its goal
of acquiring further brands.
On the back of rising international demand for contract
manufacturing services, Dutch-Indonesian company PT Cosmar says it
is embarking on a second round of expansion to meet customer
demands.
With Avon in the midst of a major restructuring CEO Andrea Jung
says that savings are going to be poured back into the company's
future, with research and development, the internet and advertising
targeted for major investment.
As expected troubled cosmetics player Revlon has amended it bank
credit agreement as a means of securing its short-term stability
after the company chose to withdraw its much maligned Vital
Radiance cosmetic line for old women.
In an open letter to members of the Parlux executive board, Glenn
Nussdorf, who has a 10.5 per cent stake in the company, has made
his point clear that he believes the proposed sale of the Perry
Ellis license agreement is 'not...
Procter & Gamble has sold its Sure deodorant brand to the
privately held Innovative Brands LLC for an undisclosed sum, as it
continues to concentrate on its two gender-specific deodorant
brands Old Spice for men and Secrets for...
In answer to concerns over its financial position Revlon has taken
the decision to cut its workforce and drop the badly received Vital
Radiance cosmetics line for older women.
DSM Venturing, the corporate venturing unit of Netherlands-based
ingredients specialist DSM, says it has invested $2m in Sol-Gel
Technologies, a privately-owned company specialising in beauty and
health care applications.
Mass cosmetics maker Revlon has said that president and chief
executive Jack Stahl will be leaving the company to be replaced by
CFO David Kennedy, as the company struggles with lackluster sales
and mounting debts.
Having received the first license for a foreign-owned company to
resume direct sales of cosmetic products in China, Avon added more
than 33,000 new sales staff to its workforce there last month,
according to data from the Chinese...
As expected, troubled fragrance player Parlux says that it will use
the intermediary services of GLMAC to off-load a number of its
non-core product lines, after the company confirmed that sales for
the latest quarter were below expectations.
French luxury consumer group LVMH has reported double growth in its
overall sales for the first six months of the year, backed up by an
impressive 80 per cent leap in profits for its perfumes and
cosmetics division.
Parlux Fragrances says it has received a request from a shareholder
for approval to increase ownership in the company, the latest turn
in a series of events that has seen the company's share tumble more
than six-fold in the space...
The world's largest consumer goods company has been back on the
lawsuit trail, as it continues to apply pressure on competition it
deems to be a step too close to the mark.
Having revealed mixed first half results, Swiss specialty chemicals
player Ciba has announced an investment programme that promises
increased expenditure on technologies to develop chemicals that
will focus on nanotechnology, alongside...
Proof that P&G is on the right track following its merger with
Gillette came during the course of August, after the company posted
strong fourth quarter results that have led to a share price hike
of more than 8 per cent.
The world's largest cosmetic company just goes from strength to
strength, having announced an 8.7 per cent hike in sales and a 21.8
per cent jump in net profits thanks to strong premium cosmetic
sales and continued growth in...
Canadian branded cosmetics franchise business, Faces Cosmetics, is
to list on the London Stock Exchange with a capitalization of
£5.98m ($11.37m) in a move that aims to raise funds for further
expansion.
