Germany-based cosmetics and home care producer Henkel has announced
strong results, driven higher by a particularly good performance
from its cosmetics division.
Although the market for cosmetics and perfumes in France remains
Western Europe's largest, significant growth, particularly in the
UK and Spain, means that the market there is rapidly taking on a
new and more dynamic appearance.
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...
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.
If current economic conditions prevail, the cosmetics market in
Poland should experience steady growth, market analysts predict.
But the issue of tax on personal care products remains a
significant hurdle to overcome.
Although sales are still growing strongly, Estee Lauder has posted
a 27 per cent drop in its net income after being impacted by
restructuring charges. But the company says that it is terrorism
threats that could pose a significant...
The investment world showed its disappointment in Avon's recently
announced quarterly results with a flurry of market activity that
saw the company's share price fall by more than five dollars.
Unilever announces second quarter results showing that it has
maintained its steady growth of late, but the questions remains
whether it is enough to remain competitive against major rival
Procter & Gamble.
Avon Products has announced a significant drop in its profits as
restructuring charges hit the bottom line and the company's
performance in most markets, including the US, came in below
expectations.
Germany remains a world giant in the packaging material and machine
sector, with a high demand, especially for plastics, about to reach
record levels according to a new report.
Strong growth in sales of beauty products continues to see the
Brazilian market powering away. In 2005 the market grew at 34.2 per
cent to become the world's fourth largest market - well above the
world's 8.2 per cent average...
British cosmetic and healthcare retailer Boots says that it has had
a positive feedback to retail tests carried out on a range of its
own brand beauty and cosmetics products in the US.
Procter & Gamble has reported a 37 per cent jump in its
profits, but share prices fell after the company revealed that its
sales had failed to meet with expectations on the back of inventory
cut-backs by Wal-Mart and slower than...
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-Palmolive has successfully implemented increased pricing
and a greater emphasis on higher margin goods to help boost its
first quarter results despite the challenge of facing stiff
restructuring costs.
Beauty-conscious British women spend a whopping £3,000 (€4,300) a
year on beauty products and treatments, with 81 per cent of women
wearing make-up every day, says a survey commissioned by New Woman
magazine.
Brazilian direct sales cosmetics player Natura is benefiting from a
booming domestic economy and renewed vigor for all things cosmetic,
having announced a big increase in its end of year sales and
profits.
Direct sales giant Avon has reported a 36.7 per cent drop in its Q4
income as it tackles fierce competition and rising costs. The
disappointing results coincide with the decision to pull out of the
Indonesia market, which also knocked...
The first full quarter financial results following the merger with
Gillette spell a big success for P&G. Results were well ahead
of expectations after the world's largest consumer goods company
more than tripled revenue growth,...
Global giant L'Oreal says that growth in the Western European
market, combined with strong levels of activity in North America
and new markets has helped to give a big boost to its fourth
quarter results, pushing the full year...
International sales of Brazilian cosmetic products increased by 20
per cent in 2005 and plans are under way to increase international
distribution centers to meet further growth in the coming years.
The German Cosmetic, Toiletry, Perfumery and Detergent Association
(IKW) says that sales have rebounded after the drop recorded in
2004. The association says that the figure is encouraging news for
the industry, especially as it coincides...
Direct sales giant Avon has posted a seven percent drop in its
third quarter net profit. A continued lull in US sales was further
exacerbated by the impact of increasing fuel costs due to Hurrican
Katrina - a problem that the company...
Kimberly-Clark has reported that its price rises have helped to
off-set soaring energy and raw material costs, allowing it to meet
market expectations for the third quarter.
L'Oreal's US sales power ahead but investors are disappointed by
Western European sales despite an overall rise in turnover growth,
as the French group releases its third quarter results.
Lisi Group, the France-based automotive, aerospace and cosmetics
packaging provider says that sales for its cosmetics division have
rebounded in the second quarter following a bad start to the year.
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.
Gillette has reported a significant rise in both quarterly sales in
profits boosted by a series of new product launches. The results
leave it in good shape for the proposed merger with P&G later
this year, reports Simon Pitman.
P&G is building on four years' of solid growth, having revealed
that its most recent quarterly results are continuing the trend and
is pointing to the proposed merger with Gillette as a means of
continuing the current momentum...
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.
Croda has announced a strong increase in both its sales turnover
and profits for the first six months of the year, driven primarily
by demand for skin care ingredients, reports Simon Pitman.
The gap is growing between Avon's leading market, the US, and the
rest of the world, as growth in both second quarter revenue and net
income continues to prop up a sagging domestic performance. But a
dip in China sales and slower...
L'Oreal has reported a significant growth in its second quarter
sales on the back of a solid performance in both North America and
new markets, prompting investment firm UBS to upgrade its rating,
reports Simon Pitman.
The growth of the Australian cosmetics and toiletries industry has
dipped for a second year in a row, mirroring growth in the general
economy and the slower retail environment. But with income levels
still high the latest market report...
The phenomenal boom in the number of Chinese nationals traveling
the world could be key to increasing future revenues for the global
cosmetic travel retail sector, reports Simon Pitman.
The maker of the Nivea brand has announced first quarter sales
broadly in line with the previous quarter, but a small increase in
profits helped the company to achieve a respectable bottom line,
reports Simon Pitman.
Despite global sales rising 9.5 per cent Colgate-Palmolive has
reported an 11 per cent drop in net profits for its first quarter
results. However, the company said that increased advertising
expenditure had managed to ensure sales...
P&G appears to be going from strength-to-strength, with the
announcment that it has increased its first quarterly sales by 10
per cent, exceeding market expectations. Analysts say that the
performance is proof of the company's...
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.
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...
In reaction to the EC directive to regulate levels of Farnesol,
Symrise has launched a new purer grade of Bisabol - Dragosantol 100
- enabling cosmetic and personal care formulators to meet the
introduction of the regulation on 10...
L'Oreal announced second half financial results broadly in line
with market expectations at the end of last week, boosted by strong
sales in both the US and emerging markets. However, analysts
believe that improvements in profitability...
Avon has reported that sales grew ten per cent during 2004,on the
back of a continued growth during the fourth and last quarter. But
currency weakness and a slack US market continue to hamper
otherwise healthy results.
Leading UK and international retailer Boots has reported that sales
for its mainstay toiletries division have fallen by 0.8 per cent
due to a price discounting strategy. The results reflect the
increasingly competitive retail environment...
Contrary to many reports that men's grooming is a major boom sector
a recent report indicates that British men are more interested in
keeping the contents of their bathroom cabinets down to a minimum.
Simon Pitman reports.
Avon has reported strong sales growth and profits for its third
quarter financial results, but despite this weakened sales for the
US market is making some investors nervous. Simon Pitman
reports.
Cosmetics giant Avon says that it is expecting strong profit and
sales growth to continue in to its third and fourth quarters. The
company said that despite flat sales in the US market, strong sales
in Central and Eastern Europe together...
World leading cosmetics companies have rediscovered "the rest of
the world" - everywhere outside Western Europe, North America
and Japan - as one of the strongest forces driving sales growth.
With increasing incomes, the...
Airspray, the world's leading designer, manufacturer and marketer
of innovative dispensers for the cosmetics and personal care
sectors reported a significant slowdown in sales and profit growth
in the first half of 2004 due to...
Aggressive expansion of its direct sales network into various
emerging markets has put Swedish cosmetic group Oriflame on route
for its sixth consecutive year of sales growth, writes Sibonelo
Radebe.
