Celebrity scents have boosted second quarter sales for Parlux Fragrances, which is currently launching Paris Hilton’s latest offering for the holiday season.
Procter and Gamble (P&G) is suing the US Internal Revenue Service, claiming it has been overcharged in taxes.
BASF has announced plans to acquire rival firm Ciba for €3.8bn in a move that will extend significantly its range of products for the plastics and coatings industries.
Hypermarcas has taken a deeper bite into the Brazilian cosmetics market with the acquisition of Niasi for R$366m ($200m).
Alberto Culver has acquired skin care brand Noxzema from Procter and Gamble, in an attempt to focus on the category.
Fragrance giant Coty has announced fiscal year sales of $4 billion; a significant improvement on last year’s results.
Building on its strength in scalp care category Procter & Gamble has acquired Nioxin Research Laboratories, which specializes in products for thinning hair.
Revlon has announced plans to significantly reduce its debt as recent results suggest the company’s performance continues to improve.
Estée Lauder has reported higher than expected profits from the year, despite its weakening performance in the US.
Escalating raw material prices have prevented Cognis from
translating its strong first quarter sales increases into profit
Urgent last minute negotiations are underway to ensure that
cosmetics trade is not severely disrupted by the June 1 deadline
for REACH registration.
Recent financial results from leading cosmetics firms have been
mixed but historical data from Kline suggests the US downturn may
give them reason for cheer.
Fragrance and flavours supplier Givaudan has signed a partnership
with Colgate-Palmolive which will allow it to collaborate with the
personal care company on future products.