Archives for May 1, 2006

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Unilever sells US hair brands to Lornamead

By  Simon Pitman

Unilever has sold two of its North American hair care brands to UK-based Lornamead Acquisition, an international manufacturer and marketer of personal care products.

Costs narrow Avon profit margins

By  Simon Pitman

Avon has reported a 67 per cent drop in its first quarter net income as restructuring charges aimed at reinvigorating sales hit the company's bottom line.

Colgate finalizes Tom's of Maine deal

By  Simon Pitman

Colgate-Palmolive Company has confirmed the completion of a deal that will secure an 84 per cent share in Tom's of Maine at a cost of approximately $100 million.

Eastman results hit by costs and disruptions

By  Simon Pitman

Eastman Chemical has reported a big dip in its first quarter profits on the back of rising costs, production disruption and a sluggish performance from its polymers division.