Johnson & Johnson said sales for its US consumer products division were hard hit by a series of recalls during the period, but other divisions helped to boost the group result.
During Procter & Gamble’s annual meeting, CEO Bob McDonald says his company’s growth plan is on track to achieve its target of five billion consumers in five years.
Restocking and the resulting rebound in fine fragrance sales helped fragrance and flavour manufacturer Firmenich record double digit sales growth for the year.
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.
Boots Alliance, one of the UK’s leading retailer and supplier of personal care products, has highlighted its latest Corporate social responsibility achievement over the past year.
Germany-based flavour and fragrance provider Symrise has announced its first ever bond issue as a means of refinancing debt to increase cash flow and profitability.
Gaining as much experience as possible across all business disciplines is the key to success in today's highly competitive beauty and personal care industry, according to Pamela Baxter, the keynote speaker at HBA Global Expo in New York.
PZ Cussons has announced the acquisition of sunless tanning brand St Tropez from the UK private equity group LDC, for £62.5m (€72.8m), in a push to enhance its ‘masstige’ brands.
Alberto Culver Company today announced that it has entered into a definitive agreement in which Unilever will acquire all of the outstanding shares of the beauty care firm for $37.50 per share in cash, valuing the company at approximately $3.7 billion.
In answer to fast growing demand for its products in the Russian market, L’Oreal has announced the opening of its first manufacturing plant in the country.
Fragrance and flavours giant Givaudan says that restructuring as well as a continued focus on key trends and new markets will be the driving force behind future growth.
Ingredients provider Cognis has announced a big rise in sales, driven mainly by its Care Chemicals division, a result that underlines the recovery in the global personal care segment.
Having registered sales volume increases so far in 2010, huge raw material price hikes threaten to derail the European tube industry, says manufacturing assocation.
The European Commission says it is concerned that Unilever’s proposed acquisition of Sara Lee’s personal care business may breech anti-trust regulations.
Estee Lauder has followed a string of other major cosmetic and personal care companies by reporting improved financial results, dampened by a less positive outlook.
Fragrance provider Inter Parfums has reported a big jump in 2Q sales in both the US and Europe, but the comparison is against a poor performance in 2009.
Symrise has seen its flavour and fragrance orders rebound to pre-economic crisis levels and has expanded its business with some key customers in the first half of this year.
The personal care division of the Anglo-Dutch consumer goods company Unilever experienced the strongest growth of all divisions for the second quarter, seeing sales surpass all other business segments.
International Fragrance & Flavors has reported double-digit increases in both sales and net income, with the performance of the Beauty Care and Fine Fragrance divisions described as ‘robust’.
Beiersdorf first half results reveal that while industrial sales and growth in the Americas are on track, consumer sales in Europe remain hard hit by the tough retail environment.
Givaudan has reported a strong first half performance, with results boosted by the successful integration of Quest International as well as continued growth in developing markets.
Procter & Gamble, the world’s biggest consumer goods company, posted results below market expectations yesterday and put nerves further on edge by predicting that growth would slow in the next two quarters.
The world’s biggest personal care maker announced a five percent increase in global sales but a 12 percent dip in profits that reflected increased marketing costs.
BASF has reported a big leap in both earnings and sales for the second quarter, although the results compare to a much weaker performance last year and the outlook is more subdued.
Switzerland-based specialty chemicals players Clariant has announced a big jump in 2Q sales, boosted by the strength of the US dollar against European currencies and weaker 2009 comparisons.
Naturex’s has indicated that the first six months of 2010 have brought strong revenue-growth as it set about integrating the ingredients division recently acquired from Natraceutical, but all its business arms contributed to the fine results.
Reckitt Benckiser has announced Q2 results that continue to underline the strong growth the UK-based personal care and household products company has enjoyed throughout the recession.
PZ Cussons has reported a rise in annual profits while adverse currency impacts and a lack of liquidity in Nigeria led to a slight drop in reported revenues.
The European Commission has approved part of the proposed acquisition of ingredient firm Eurochem by Univar, which could see a host of food chemicals added to its product portfolio.
The latest results from L’Oreal underline a strong recovery but could also point to difficult comparables and further hardships in Western Europe, analysts believe.