Despite a drop in demand for Estée Lauder’s heritage brands, US sales were on the up; thanks to new product introductions, holiday sets and expanded distribution in the company’s make-up and luxury categories.
The specialty ingredients supplier, which counts the personal care and cosmetics industries among the markets it serves, has announced its latest financial performance results.
The company, which has been operating the facility DeKalb, Mississippi, since April, has laid off nearly half of the employees there until delayed ingredient shipments arrive.
Univar chose D'Altomare Química to help develop its South American market and position the chemical distributor as a solution-oriented service provider in the personal care sector.
Coty has reported flat sales revenues for its last quarter of the financial year on a struggling North American market, while profits bow under the weight of restructuring.
With the global economy now showing clear signs of picking up merger and acquisition activity has followed suit this year, which is putting the spotlight on some of the more interesting and innovative emerging brands.
Pharmaceutical giant Valeant’s move to create a second-step merger with Botox-maker Allergan has hit hurdles, as Allergan’s CFO resigns at the same time the company is said to be seeking out an alternative buyer.
Luxury international cosmetics player Estée Lauder posted record-breaking fourth quarter and full year results that show the company is continuing to lead the field.
Procter & Gambler has revealed that its net sales slipped 1% in the fourth and final quarter of the year, capping off a challenging year, with the company now set on a major brand portfolio shake up.
While neighboring Brazil continues to dominate in the global beauty industry, a spotlight recently shone on Argentina by market research firm Euromonitor reveals brands are finding it much tougher going over the border.
Sales are still on the up for the flavors and fragrance industry in America, and are expected to reach $6 billion by 2017, according to research firm Euromonitor.
Despite the dominance of the aerosol format, roll-ons are sticking around thanks to variation in market demand across the globe, according to research firm Euromonitor.
Avon released fourth quarter results showing that sales continue to slide at an alarming rate, just as it also announces a big hit from its bribery investigation.
US-based skin care company Restorsea has filed a lawsuit again Norway-based Aqua Bio Technology (ABT) claiming it breached a businsess contract, allegations ABT says it will fight against.
A recent campaign by Benefit Cosmetics indicates that the beauty industry has entered 2014 with a renewed focus on harnessing social media to drive consumer engagement.
A fragrance partnership between Spanish singer Enrique Iglesias and beauty company Coty has been announced, in a move which confirms Coty's intention to expand within developing markets.
Following a particularly strong growth in the US for the luxury goods trade of late, Dove has moved to take advantage of the market with its 'Men+Care' premium line.
Cosmetics company Avon "does not understand" the MLM model and is dangerously trapped between two different strategies for selling, according to an expert in multi-level marketing.
Global cosmetics company Sally Beauty Holdings reported a poor performance in Q4 of their financial year as profits were affected by increasing income tax despite an increase in sales.
Schwan Cosmetics has moved its USA headquarters from New Jersey to Rutherford County in North Carolina in order to take advantage of a higher quality of life and a more skilled work force.
Troubled cosmetics manufacturer Avon has reported a poor third quarter for 2013 as a result of low sales in North America and weakness in emerging markets.
Natura Cosmeticos’ position as the leading cosmetics company in Brazil may ultimately depend on its ability to connect to international markets, according to Euromonitor International.
Amazon has just launched a new luxury beauty division for the US market, in direct competition with the online presence that luxury beauty retailer Sephora has already carved out.
Colgate-Palmolive has announced a nearly $200 million investment to open a factory in Greenwood County South Carolina, which will manufacture personal care products including deodorants and liquid soaps.
Specialty chemicals company Innospec says it has given more impetus to its strategy to focus on personal care with the joint acquisition of the Chemsil and Chemtex businesses.
Fitch Ratings has re-affirmed cosmetic giant Natura Cosmeticos SA’s IDR rating of BBB, meaning that the company is in a good position to meet its financial obligations.
Brazilian buyers are increasingly using e-commerce to purchase cosmetics as a result of the country’s poor economic situation, according to a report by market research company E-bit.
The FDA will cease all but essential activities until the US government shutdown is resolved, including inspections, notifications and monitoring of imports - areas likely to affect cosmetic suppliers and manufacturers.
Euromonitor analyst Oru Mohiuddin has called Coty's fourth quarter results “better, but definitely not positive” and suggested that the company needs to develop a more focused strategy.
The US color cosmetic market posted a 5 percent growth in 2012 on the back of innovative technology, developing fashion trends and immature markets for some products, according to a report by www.companiesandmarkets.com.
The Procter & Gamble executive board says it will stand by its CEO Bob McDonald, while activist shareholder Bill Ackman claims that his newly acquired stake in the business makes him influential.
A resurgence in skin care sales and a good performance in the US helped cosmetics giant Estée Lauder post an increase in profit for its third quarter ended March 31, 2012.
Cosmetics company Revlon will look to new product launches later this year and will build upon its strong brands having tackled financial difficulties in the first quarter of 2012.
Packaging supplier Rexam has announced it is now ‘actively marketing’ its Personal Care business for sale following the release of the company’s 2011 results.
Cosmetic manufacturer Revlon saw its fourth quarter and full year profits plummet as it saw sales dry up in the US and Europe, with China as its only saving grace.
L’Oréal CEO Jean-Paul Agon has announced that he will hand back half the stock-options he received in 2010 and that the French firm will stop using them altogether.
Avon Product’s fourth quarter sales take a significant dive as it continues to be impacted by operational issues in Brazil and economic challenges in the developed markets.
Particularly strong growth in both the emerging markets and fine fragrance and beauty have helped International Flavors & Fragrances to achieve revenue of $714m in the first quarter of this year; nine per cent up on the same period of last year.
