Unilever felt the full force of the slowdown in emerging markets, with China in particular making for bad news; and even the performance of its largest, and normally more reliable, category, Personal Care, took a hit.
Organizers of the event that recognizes beauty brands efforts on the digital platform have selected the finalists they say have significantly invested in digital marketing throughout the year.
Berlin Packaging, which serves a wide number of sectors including cosmetics, has been sold to private equity company Oak Hill Capital Partners for $1.43bn.
Procter & Gamble’s announcement about divesting 100 brands suggests that it still has more to do going forward as it looks to cut costs, according to an industry expert.
Packaging and specialty chemicals provider MWV says that the strongest results came from its home, health and beauty packaging division, helping it post strong overall second quarter results.
With margins for skin care and make-up sales reported to be relatively higher than other segments, Estèe Lauder particularly stands to see success if it further invests in these two areas that already account for more than 80% of its' annual revenues.
Estée Lauder has been highlighted as one major international brand which has made particularly strong headway in the emerging markets, and is reportedly now looking to further strengthen its sales by focusing on male grooming.
Anglo-Dutch giant Unilever saw a 6.3% decline in turnover in its first quarter but stabilizing sales in Europe and a robust Personal Care performance has given the company a solid start to the year.
Industry veterans like Alain Khaiat, President of Seers Consulting, was amongst engaging presenters at last week's first ever Cosmetics Vision event, where he outlined his strategy for cracking the Asian markets.
Procter & Gamble reported mixed results for its second quarter with net sales remaining unchanged, a result boosted by emerging markets, but negatively impacted by foreign currency and slow beauty sales in developed markets.
According to the American Chemistry Council, natural gas from shale is continuing to drive greater domestic investment and economic growth within the US segments working with chemistry.
Although the emerging markets in Asia Pacific and Latin America continue to be stronger economies, the slowdown in growth is likely to stay for the longer term, says Unilever CEO Paul Polman.
L’Oréal, Estée Lauder and Procter & Gamble significantly upped their digital efforts this year and this will remain a key trend in the future, according to market analysts L2 ThinkTank.
Of 2,000 companies analysed for their commitment to R&D, Johnson & Johnson has been placed in the top ten line up of businesses investing more than 90% of their total expenditure in research and development.
In a bitter-sweet move BASF will look to strengthen its competitiveness within its Performance Products segment with a multi-million dollar investment in R&D that will also see approximately 650 positions reduced globally by 2017.
As Nestlé investors meet at its headquarters for a seminar today, what the company plans to do with its' L’Oreal stake will, without doubt, still be at the forefront of minds. Here, Euromonitor reveals why the sale could potentially happen...
The Germany based flavours and fragrance manufacturer has invested in a three year project with the Research Institute for Environmental Medicine in a bid to discover potential treatments for xeroderma pigmentosum (XP).
Cosmetics giant L’Oréal has offered to buy Chinese skin care company Magic Holdings International for HK$6.5bn ($843m) in cash said in a joint statement, as the French firm looks to take advantage of the growing luxury market in China; where sales growth...
The US National Institute of Standards and Technology (NIST) has teamed up with the EC’s Joint Research Centre in an effort to reach its goal of obtaining compatible standards across both sides of the Atlantic.
Although the Coty IPO has made a significant impact on the company’s own funds, it seems that the flotation has not provided any immediate returns for investors.
Intense competition created by the economic downturn has forced industries across Europe including that of cosmetics, to optimise their production processes and decrease operational costs by dealing in more specialised lines and machinery, according to...
Activist investor William Ackman says he believes Procter & Gamble’s fortunes will rebound significantly in the space of the next, but criticized the company’s CEO, Robert McDonald.
A lack of synergy between the different categories in Procter & Gamble’s portfolio may mean divesting from color cosmetics and fragrances to improve business performance, a leading analyst claims.
US packaging firm Sonoco is set to open a new manufacturing facility in Celaya, Guanajuato Mexico to meet growing demand in the personal care industry amongst others.
Ingredients provider International Flavors & Fragrances has reported strong sales gains for its fourth quarter, with the flavors division propping up a softer market for flavors.
Thanks to a strong fourth quarter in the hair care segment, Unilever signed off a good year of growth in Personal Care, as well as its other consumer categories, with the announcement of its full year results.
Procter & Gamble activist investor William Ackman has given a public interview in which he has continued to criticize inefficiencies at the consumer giant, but admits the management needs more time.
Energizer Holdings has announced a major restructuring program across both of its business division that aims to save the business between $175m and $200m.
The Food and Drug Administration has given its approval for the global healthcare supplier to go ahead with its new drug application said to treat psoriasis.
Reports that the Pershing Square Capital management company has bought a significant stake in P&G have given a boost to the company’s share price, and also comes at a time when the consumer goods giant is under pressure to improve its performance.
Specialty packaging firm IntraPac has been taken over by CI Capital Partners in a bid to build on the company’s diverse customer base and expand on its array of packaging solutions for the cosmetics and pharmaceutical industries.
BASF has announced plans as part of its corporate strategy to drive future growth for the company as a whole including its cosmetics and personal care division.
Anglo-Dutch consumer giant Unilever has made a multi-million euro investment to expand its production facility in Indonesia as it believes it will help to drive sustainable growth for the company in the fast-growing developing and emerging markets.
Having already tailored its business increasingly around personal care, Unilever CEO Paul Polman says the company is hoping to eventually derive most of its sales from emerging markets.
Germany-based Cartondruck has announced the signing of a definitive purchase agreement with Multi Packaging Solutions which it believes will provide strategic growth at an international level.
A keynote presentation by Euromonitor International at the recent in-cosmetics expo in Milan has identified four key strategies aimed at growing cosmetics and personal care businesses.
In line with its ‘Focus on Skin Care. Closer to Markets’ strategy, German cosmetics company Beiersdorf has announced plans to make significant investments in its mass market Nivea brand in 2011, in order to strengthen its long-term position.
Estee Lauder has been continuing a strong recovery from the economic downturn experienced in 2009, which has been acknowledged by a leading investment researcher.
Global beauty company Coty has received minority equity investments from two private equity firms which will aid in its accelerated growth plans on a global scale.
Private equity firm Brynwood Partners has announced its newly formed portfolio company High Ridge Brands has acquired the Zest brand from Procter & Gamble, as it lays a solid foundation to its investments in the personal care market.
L’Oreal has announced its new research and innovation strategy targeting the emerging markets that it believes will help it to capture one billion new consumers.
