Elizabeth Arden is making clear moves on the China market for
cosmetic and fragrances, with a 50 per cent jump in sales in the
past two and a half years spurring the company on to buy up its own
distributor in the region.
Leading tennis stars Serena Williams and Maria Sharapova have
launched cosmetic and fragrance products this week - a move that
highlights the growing importance of female sports figures in the
fashion world.
Despite reporting a significant hike in its sales, net profits for
the international perfume license holder fell as the impact on
higher royalties for its Burberry fragrances was felt. But the
future looks brighter as the company...
Swiss-based global fragrance and flavours giant Givaudan says that
a down-turn in its performance for the first six months of the year
was buouyed by a stronger showing from it international fragrance
operations.
Parlux Fragrance has reported a 74 per cent jump in profits on the
back of the continued roll out of Paris Hilton branded goods
together with the success of new fragrances such as Guess? for
women.
Oriflame has reported operating profits well down on the same
period last year, as the company's attempts to expand into new
markets hit the bottom line, reports Simon Pitman.
Latest EU figures show that seizures of counterfeit cosmetics and
perfumes increased by 800 per cent in the period 2002 - 2003,
prompting the European Commission to draft new legislations aimed
at reducing the problem, reports Simon...
Flavors and Fragrance maker Sensient Technologies has reported a 13
per cent drop in its quarterly profits following sluggish sales and
a one off arbitration payment following a dispute with a customer,
reports Simon Pitman.
Australian company Rheology Solutions says it has found a way of
enhancing the bottling of 'stringy' and difficult to handle
liquids, leading to a cleaner more efficient and cost-effective
packaging process, reports Simon...
The Cosmetic, Toiletry and Fragrance Association is asking for
comment from industry members on soon-to-be published guidelines
for specific microbiology applications aimed at making personal
care products safer, reports Simon Pitman.
US international fragrance company Parlux has announced that it is
considering a number of strategic alternatives in an effort to
boost shareholder value. The company says that this does not
exclude the sale of the company, reports...
Coty has completed the purchase of Unilever Cosmetics
International, the global prestige fragrance business of Unilever,
a deal that makes it the world's largest fragrance player,
reports Simon Pitman.
Calvin Klein is preparing to launch a new women's fragrance and
skin care brand, to be called Euphoria. The renowned designer's
fragrance and beauty division has been quiet for a while, but the
launch is said to mark a new...
Germany-based Symrise is reorganizing its global, regional and
local fragrance management teams in an effort to hone its fine
fragrance, personal care and oral care categories, writes Simon
Pitman.
Parlux is continuing to win applause from analysts and financial
experts after reporting a 38 per cent rise in net profits for its
fourth quarter earnings on the back of a 32 per cent hike in sales
- thus proving that major licensing...
Fragrance manufacturers will be taking note of a recent study
carried out in the US assessing the impact of different scents on
driving ability. While camomile and lavender are out and coffee and
lemon are in, certain aftershaves...
Both the CTFA and Colipa have defended their different stands on
the use of phthalates in cosmetics and personal care products in
the light of a new study linking the family of chemicals to birth
defects in baby boys, reports Simon...
With consumer incomes in both the US and Europe continuing to rise,
a new report suggests that the scope for premium cosmetic and
personal care products shows great promise, reports Simon
Pitman.
International Bottle Company (IBC), a market leader in cosmetics
and toiletries packaging, has developed a new line of contemporary
custom bottles for FCUK's 'Scentsual' perfumery range. The design
has been rolled out...
Hong Kong-based conglomerate Hutchinson Whampoa has made a £221.9
million offer for the Merchant Retail Group, a UK specialist
perfume retailer. The deal will see AS Watson, Hutchinson Whampoa's
retail division, take on one of...
US fragrance player Coty says it has entered into an agreement to
purchase the global fragrance business of Anglo-Dutch consumer
giant Unilever for an estimated $800 million. The move boosts
Coty's fragrance brand portfolio,...
US cosmetics giant Estee Lauder has signed a licensing agreement
with Missoni, the Milan-based fashion house in a deal that aims to
create and market fragrances and related products through its
Aramis and Designer Fragrances division,...
Publicly-floated US flavour supplier Technology Flavors &
Fragrances is set to go private, as industry rival FFG Industries
begins a tender offer to acquire all of the firms outstanding
shares of common stock.
Candie's has made a long-term worldwide license agreement with
Toronto-based Riviera Concepts to develop a signature fragrance for
its Badgley Mischka brand. The move marks the company's first
venture into fragrances, and...
Parlux Fragrances says it made an exclusive worldwide license
agreement to develop and market a line of cosmetics for Paris
Hilton, in a bid to further capitalize on the incredible brand
power already created by the fashionist and...
Inter Parfums has reported that in its first quarter ending March
31, net earnings dropped nearly 8 per cent following increased
expenditures relating to both royalties and marketing, reports
Simon Pitman.
A new concept for men is being launched at Heathrow's Terminal 1
this month, which will include a men's grooming area stocking and
promoting leading personal care and cosmetics products, reports
Simon Pitman.
Parlux Fragrances is extending the launch of its Paris Hilton
fragrance in Europe. The fragrance is being launched tomorrow in
France and at the beginning of next week in the UK, following its
big success in the US, and is a sign...
France-based Ileos has developed an eye-catching closure for
Thierry Mugler's new Angel pefume - a plastics solution that the
company claims matches the aesthetics of glass or crystal while
giving it extra flexibility for distinctive...
Quest International has extended its portfolio of natural actives
for skin and haircare, with the launch of two new Indian-sourced
ingredients. Actisculpt is a herbal blend body sculpting
ingredient, while Karanja oil is aimed at...
Direct sales player Oriflame has announced a significant drop in
its first quarterly profits despite a healthy increase in sales.
The results reflect last year's IPO and refinancing expenses,
reports Simon Pitman.
The FDA has reminded US cosmetic companies about new labelling
requirements for products containing ingredients that have not been
proven safe, further evidence that that the body intends to crack
down ingredients in the coming months,...
Parlux Fragrances has signed a five-year, worldwide license
agreement with up-market soft toy maker GUND to develop,
manufacture and distribute a line of babyGUND branded fragrances.
The European Union has cleared the acquisition of France-based
Marionnaud Parfumerieries by AS Watson, part of Hong Kong
conglomorate Hutchinson Whampoa. The deal wins the group a
controlling stake in Marionnaud, reports Simon Pitman.
Sales at UK accessories and fragrances group Burberry were flat
during the second half, the firm said today, but it forecast
full-year profit growth of at least 15 per cent.
Consolidation in the flavor industry evident as US flavor house
Technology Flavors & Fragrances announces its merger with
fellow flavor firm FFG Industries.
The New York-based flavors and fragrance specialist more than
doubled its loss compared to the previous year, as the company was
hit hard by moves to increase its sales presence outside of the US
market, reports Simon Pitman.
Courtney Cox, Pamela Anderson and Celine Dion are amongst the
latest big names to sign up for sponsorship deals with cosmetics
players in the last week, proving that star endorsements are
continuing to remain a driving force behind...
Human Pheromone Sciences, the US company manufacturing and
marketing mood-enhancing pheromones to the cosmetics and personal
care industry, has reported end of years sales sharply up on last
year, as the compound proves increasingly...
Ambitious Israeli fragrance and flavours firm Frutarom has
benefitted from recent acquisitions as year end figures show 40 per
cent boost in sales. But the figures show that growth in the fine
ingredients division, which largely supplies...
Although the US market for fragrances has shown a distinct downturn
in recent years, an upturn in 2004 was driven by rising demand from
the Hispanics market, combined with the continued strength of big
name endorsements. Simon Pitman...
Inter Parfums has reported its fifth consecutive year of strong
sales growth and increased income for its full financial year,
despite the bottom line being impacted by taxes and interest on
debt repayments in the final quarter, reports...
Danisco has announced plans to restructure its fragrance plant in
Seillans, France. The restructuring, which will mean job cuts, is
due to the general recession in the fragrance market during the
past four years.
Human Pheromone Sciences has said that based on preliminary studies
on how mood can be enhanced using synthesized human pheromones, it
is now expanding its study to include a larger number of volunteers
in its laboratories.
E Com Ventures has announced that its wholly owned subsidiary,
Perfumania Marketing, achieved a rebound in its sales performance
for February, following a challenging January, reports Simon
Pitman.
French cosmetics ingredients producer Coletica has confirmed that
it has received an offer from Engelhard Corporation to buy a
majority stake in its share capital, in a move that will give the
company a much-needed cash injection,...
Givaudan has reported that sales fell in 2004, with a poor
performance from its fragrance division hampered by its fragrance
ingredients business combined with unfavourable currency exchange
rates, reports Simon Pitman.
Oriflame's less than impressive debut as a public listed company
and falling profits has prompted major boardroom changes,
highlighted by the appointment of Magnus Brännström as the
company's new CEO, Simon Pitman reports.
David and Victoria Beckham have signed a global licensing agreement
with US-based Coty Beauty. The deal will see the couple's Beckham
Beauty House launch a male fragrance under David Beckham's name in
both European and US...
Jennifer Lopez has launched her third fragrance, Miami Glow by JLo,
at her first ever runway show, which also promotes her new fashion
line, Sweetface.
