Fragrance leads the way for Givaudan in third quarter
Fragrance sales for the Switzerland-based fragrance and flavours giant showed strong growth on the back of new wins and improved sales of existing products.
Demand for fragrance and cosmetics packaging boosts Aptar results
Dispensing systems provider Aptar has reported a big rise in both sales and operating profit during the second quarter, on the back of increased demand for fragrance and cosmetics packaging.
Developing markets help drive big sales gains for L’Oreal
L’Oreal has proved it is well and truly on the road to recovery after posting double digit second quarter growth on the back of a particularly strong performance in developing markets.
Venezuelan currency devaluation to cost Colgate $275m
Global oral care giant Colgate-Palmolive has announced that the impact of the Venezuelan currency devaluation earlier this year will cost the company $275m.
Frutarom sees signs of recovery in Q4 after difficult year
Flavour and fine ingredients manufacturer Frutarom has reported a drop in sales and profit for 2009 although the fourth quarter shows signs of recovery.
Currency translations hit Oriflame’s fourth quarter
Swedish direct sales company Oriflame has announced a 14 per cent increase in its fourth quarter local currency sales, but negative currency translations take the shine off.
International markets help boost Alberto Culver
Alberto Culver’s first quarter results were given a significant boost on the back of particularly strong sales in its international markets.
Shiseido nine month results show big sales drop
Global cosmetics giant Shiseido showed a big drop in sales for the first nine months of the year, as consumers switch to cheaper brands.
Venezuela currency devaluation hits global cosmetic players
Some of the world’s biggest personal care players, including Procter & Gamble, Unilever, L’Oreal and Colgate are likely to be affected by Venezuela’s move to devalue its currency.
Inter Parfums expects increased sales in 2010
Inter Parfums says that it expects to see its sales grow in 2010, in contrast to the shrinking sales experienced by the company during the course of 2009.
Gains from restructuring boost Estee Lauder profits
Estee Lauder results shows a big jump in profits, with strong results in Asia and reduced costs helping to prompt the company to raise its outlook.
P&G consumers return, boosting both sales and profits
Procter & Gamble appears to have turned the corner having posted first quarter results that beat market expectations.
Avon sales up but results dragged down by strong US dollar
A strong US dollar offset the effect of sales increases for direct seller Avon leaving the profits down significantly on last year’s figures.
Alberto Culver reveals flat sales and falling profit
Hair and skin care specialist Alberto Culver said its fourth quarter sales were hit by currency translation and profits were down, but the results beat expectations.
Inter Parfums sales continue to fall
Inter Parfums announced that its third quarter sales fell by 5 per cent as it continued to be hit by both the strength of the US dollar against the euro and slow retail markets.
Estee Lauder expects 'significantly' higher quarterly profit
US prestige cosmetics player Estee Lauder says it expects better sales and ‘significantly’ higher profits for its soon-to-be announced first quarter results.
Estee Lauder posts big Q4 loss on restructuring charges
Estee Lauder posts a big fourth quarter loss after it experiences the double whammy of stiff restructuring charges and a big drop in sales.
Oriflame sales up but costs and currency exchange hits profits
Direct sales player Oriflame has announced a big increase in local sales for its second quarter, but the negative impact of currency exchange hits profits.
Inter Parfums Q2 profits up on foreign currency gains
Despite falling sales fragrance player Inter Parfums posts a big increase in profits, having hedged its earnings using forward exchange contracts
Parlux sales up on gains in US market
Parlux registered a small increase in sales on big gains in the US market, but international sales continue to fall, and the company remains in the red.
Givaudan first half sales drop although it sees ‘encouraging recovery signs’
Fragrance and flavour supplier Givaudan blames a drop in sales on destocking and lower consumer demand, although it said second quarter results show a slight recovery.
Restructuring costs hit Avon second quarter profits
Avon has announced a 65 percent drop in profits as charges for its tough restructuring program bites into the company’s bottom line.
Inter Parfums suffers big drop in US sales
International fragrance player Inter Parfums posts a big drop in its second quarter sales on a poor performance in the US market, compounded by currency translation.
Kimberly-Clark sales down but outlook up on lower costs
Personal care giant Kimberly-Clark says net sales fell 6 per cent during its second quarter but says cost savings should boost full year results.
Avon’s second quarter will be hit by large restructuring costs
Avon’s second quarter results will be impacted by approximately $90m in costs related to job losses and plant closures.
Givaudan sells new shares to cut debt
Swiss fragrance and flavour supplier Givaudan has issued nearly a million new shares, in an attempt to pay off some of the debt from purchasing Quest.
Symrise restructures as first quarter profits suffer
Symrise is closing a production facility in Spain as part of restructuring plans which aim to improve the company’s bottom line.
Avon sales suffer from a slump in US sales and a stronger dollar
Weak domestic sales and a stronger US dollar have dragged down Avon’s first quarter results.
Estee Lauder profits hit by restructuring and sales dip
Cosmetics giant Estee Lauder says its third quarter was hit by rising costs from its restructuring plans as well as a 10 percent fall in sales.
P&G sales and revenue slide as consumers tighten spend
Procter & Gamble revealed that its third quarter sales fell by 8 percent as consumer spend in developed markets fell and the strength of the US dollar impacted international sales.
Alberto Culver reports falling sales and profit
Hair care specialist Alberto Culver becomes another victim of the strong dollar against international currencies, as a resulting drop in sales dents profits.
Tupperwear Q1 hit by exchange rate on strong dollar
Tupperware Brands, the maker of food storage products and beauty products, announce big drop in sales, further exacerbated by a strong dollar impacting European results.
Colgate-Palmolive downgraded on lower Q1 expectations
A leading US analyst has downgraded its rating for Colgate-Palmolive, stating that Wall Street earnings expectations for the first quarter were too high.
Avon rating downgraded on currency weakness and CEE gloom
Citing currency weakness and overexposure in the Central and Eastern European (CEE) market, an analyst has downgraded Avon's outlook for 2009.
Avon restructuring could mean 3,000 fewer employees
Avon says its newly expanded restructuring plan should see the company’s workforce shrink by up to 3,000, while the number of sales representatives is set to rise.
Tupperware sales suffer from strong dollar
Tupperware’s beauty business suffered significant losses over the quarter prompting a change of leadership in an attempt to ‘reinvigorate’ the segment.
Kimberly-Clark profits slide due to weak currency and soft sales
Kimberly-Clark is the latest personal care player to be hit by the economic downturn as it announces net profits slide by more than 8 percent.
Parlux sales still up despite fall in international markets
Parlux preliminary sales rose six percent during its all-important third quarter, but the company aims to cut costs to offset a sharp fall in sales to overseas customers.
Inter Parfums downgrades estimates on strength of US dollar
Global fragrance player Inter Parfums says the continued strength of the dollar is likely to hamper full year financial results for its US-based oeprations.
Estee Lauder drops annual expectations due to uncertain times
Estée Lauder has lowered expectations for the year in the light of ‘extraordinary uncertainty’ in the global economy.
Oriflame defies inflation with strong quarterly results
Restructuring has helped put Oriflame in a much stronger position, with sales growth also contributing to a healthy increase in profits.
Unilever struggles in the economic gloom
Falling sales volumes, rising commodity costs and the strong Euro colluded in the second quarter to drag down Unilever’s profits.
Inter Parfums benefits from Burberry fragrance
A significant jump in sales has driven a fifty percent increase in
first quarter profit for Inter Parfums thanks to a successful
Burberry fragrance launch.
Kimberly-Clark results hit by cost pressures
Kimberly-Clark has reported that its first quarter profits fell by
2.5 percent after being hit by higher cost pressures, despite a
strong increase in sales.
Oriflame increases 2008 outlook
Sweden-based Oriflame has increased its outlook for 2008 on the
back of positive preliminary results from the year's first quarter.
IFF reports strong sales but charges hit profits
New Jersey-based International Flavors and Fragrances has reported
a strong increase in its third quarter sales driven by its flavors
division, but profits are hit by administration charges.
P&G reports big rise in profits
Not only has the acquisition of Gillette helped global giant
Procter & Gamble to boost its sales, subsequent synergies and
consolidation have helped the company achieve strong profit growth.
Analyst says weakened dollar could boost cosmetic revenues
A weakened dollar could help to boost revenues for a number of
international US-based cosmetics companies, especially those with
exposure in Europe. But with materials and ingredients being
increasingly sourced overseas, the impact...
Has Inter Parfums passed its peak?
Continuing the decline in sales experienced during 2005, Inter
Parfums has reported a dip in its dollar sales for the first
quarter of 2006 as the company struggles to improve its ground in a
hugely competitive market.
Prestige fragrances should boost Inter Parfums sales in 2006
Inter Parfums says it is expecting a 10 per cent boost in its sales
next year on the back of a plethora of prestige fragrance launches,
as well as the freshly signed deal to supply personal care goods to
the Banana Republic and Gap.