Swiss ingredients supplier Lonza reported a significant drop in its sales during 2009, as all of its business divisions were hard hit by lower demand worldwide.
Oral care provider Colgate-Palmolive has benefited from strong fourth quarter sales growth and positive foreign currency effects, leading it to report a substantial profit increase.
Procter & Gamble has delivered net sales growth of 6 percent for its second quarter, with strong unit volume sales growth indicating its brands are back on track.
Strong trading performance, particularly in Europe and the Asia-Pacific region, has boosted profits for PZ Cussons despite a fragile economic environment.
Kimberly-Clark posts rising sales and profit for its Q4 on strong personal care sales but the company’s outlook is weakened by the forecast of slow recovery for paper-based goods.
Retail cosmetic sales grew at 16.9 per cent in China during the course of 2009, a figure that defies the global market trend but indicates slower underlying growth.
The Estée Lauder Companies (ELC) has appointed Christopher Wood to the position of senior vice president of the Global Strategic Modernization Initiative (SMI), to oversee the next stage of the program.
The Malaysian arm of Marico, an Indian consumer products group, has entered into an agreement with Colgate-Palmolive to buy its Code 10 hair styling brand.
Sally Beauty says it has expanded its footing in the international salon market with the acquisition of Belgium-based wholesale distributor Sinelco Group.
Individual approaches to marketing beauty products in the fast-growing developing markets is essential to success, the latest Kline Group market report reveals.
In line with the expectation that successful clinical trials of Skinvisible Pharmaceuticals’ DermSafe hand sanitizer would accelerate license negotiations worldwide, the company has secured a Canadian license agreement for its product.
Ingredients standards researcher ChromaDex has secured $1,000,000 in investment that it says will allow it to continue expanding the business, after spending several months consolidating the deal.
Talk of a multi-billion euro transaction involving Reckitt Benckiser, a global brand owner of personal care and household products, has sent share prices rocketing.
Direct seller Nu Skin ups its forecast for the year as it predicts strong results from its new anti-aging range as well as an improved performance in Japan.
Beiersdorf is still reeling from the downturn in its non-personal care operations, but the improvement in the group’s business operations overall is quicker than expected.
Revlon revealed falling sales during its third quarter, underlining tough retail conditions and the strength of the dollar against international currencies.
Directs sales anti-aging skin care specialist Nu Skin says that its most recent quarterly results show sales growth despite the slow retail environment.
LVMH reported better than expected results, with Christian Dior fragrance doing well and robust sales in China making up for weakness in other business areas.
Despite a slow start to its financial year, Swiss fragrance and flavours group Givaudan says business has picked up in the last six months, pointing to a recovery.
Naturex, the French-based botanicals giant that recently acquired the ingredients business of Spanish company, Natraceutical Group, will earn €185m in 2009 – up from its 2008 income of €93.2m, as it announced details of the deal.
Despite cries of the ‘lipstick effect’, the cosmetics and personal care industry has not been protected from the economic downturn and some analysts argue recent alterations to the market and changes in consumer behaviour might be here to stay.
Hopes of a recovery in consumer spending linked to the election of the Democratic Party of Japan has led analysts to up the outlook for Japanese firm Shiseido’s domestic sales.
L’Oreal has announced a 14 per cent drop in its first half profits as a gradual rise in sales helps get the global cosmetics player back on track, beating market forecasts.
Kose, one of Japan’s biggest cosmetic and personal care providers, says it will start to focus on developing international markets to counterbalance weaker developed markets.
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.