Despite an overall increase in net sales, cosmetic leader, Revlon,
reported a third quarterly loss on Tuesday, due to costs incurred
for the discontinuation of unsuccessful product line, Vital
Radiance, and company restructuring.
International Flavours and Fragrances (IFF) is to separate its
business into two different units in a bid to better reflect its
flavour and fragrance operations.
US cosmetics brand Jane has teamed up with two private equity
groups to boost its presence in the market with what it hopes will
be the "next great mass market cosmetic brand."
Hair salon operator and hair care provider Regis says its has swung
back into profit following a string of disappointing results that
led Albert-Culver executives to withdraw from a proposed merger.
As part of plans to restructure its operations Playtex Products
says it is moving to a consolidated North American structure and
restructuring its Canadian operations. The company also announced a
restructuring of its US Banana Boat...
Sales of care chemicals were up 3 per cent in the first half of
this year at German company Cognis, which said the increase to €577
million was driven largely by the skin care and fatty alcohol
businesses.
The maker of Arm & Hammer toothpaste, Church & Dwight, has
elected a new president and chief executive officer. James Craigie,
who also takes a seat on the board, will succeed Robert Davies, who
will remain as chairman.
US company Avery Dennison has signed an agreement to sell its
package label converting business in Europe to CCL Industries, a
label and packaging solutions company based in Toronto, Ontario in
Canada.