Johnson & Johnson has reported poor US sales for its first quarter, but the overall result is boosted by a stronger overseas performance and currency translations.
Active-ingredients supplier Greentech has acquired France-based Phytocos, a specialist in fine chemicals, molecular distillation and raw material plant extraction.
L’Oreal has been acknowledged for its efforts on sustainable development several times in the past year and its recently published annual report stresses how this area will continue to be a core focus for the business.
With recent industry financial results indicating that the worst of the economic crisis might be over, the first quarter of 2010 has in turn been marked by a flurry of M&A activity.
The sale of Liz Earle to Avon and Bare Escentuals to Shiseido reinforces experts' predictions that bigger players will make moves on smaller natural personal care players in 2010.
Following strong sales and profit growth in the past two quarters, investors are focusing on Ulta stocks as the outlook for the discount beauty retailer continues to improve.
Investment company Heliad Equity Partners has acquired an indirect 40 per cent interest in Germany-based cosmetics producer Baden-Baden Cosmetics Group.
US-headquartered cosmetics company Avon has acquired natural skin care brand Liz Earle in an attempt to broaden its position in the anti-aging skincare market.
The German luxury cosmetics market could see slight sales increases in 2010 with woman’s fragrance and facial skin care leading the way, according to the German high-end cosmetics association VKE.
Pharmaceutical giant Glaxo Smith Kline (GSK) has appointed an ex L’Oreal executive as president of consumer health care as part of its push to drive this side of the business.
Cognis claims to have steered a steady course through last year’s economic upheaval. But despite a return to profitability, the downturn took its toll on sales of its care, nutrition and health ingredients.
Japan-based personal care giant Shiseido says it is targeting further growth in the fast-growing Chinese market by focusing on the luxury professional hair care market.
Flavour and fine ingredients manufacturer Frutarom has reported a drop in sales and profit for 2009 although the fourth quarter shows signs of recovery.
Following a succession of weak financial results some, of the biggest players in the personal care industries are pointing to sustainability measures as a means of exiting the recession.
Beauty and over-the-counter medical provider Hypermarcas is increasing its footprint with the announcement that it is acquiring three new businesses this week.
BASF was hard hit by the global downturn in 2009 and is turning to sustainability measures as a means of cutting costs and getting the business back on track.
The Brazil government has threatened to introduce trade sanctions against US produced cosmetics in retaliation over subsidies the US government is paying to its cotton farmers.
French cosmetics and bath products provider L’Occitane is preparing for its initial public offering on the Hong Kong stock exchange, according to press reports.
Personal care sales help to propel Beiersdorf to the close of a tough year, underlined by the fact that the company outperformed average market growth.
Global oral care giant Colgate Palmolive has appointed two new members to its board of directors as current director Jill Conway's term in office draws to an end.
The US headquartered company has reported a drop in sales and net income for the year and warns of the effect of the Venezuelan currency devaluation on the coming year.
Packaging supplier Rexam has said that success in the coming year for its personal care division will rely very much on consumer confidence and discretionary spend in the US.
Putting a tough year behind it, the world’s biggest cosmetic company is focusing on three key strategies that aim to transform the business and ensure it remains on top.
Having been hard hit by the economic downturn in 2009 L’Oreal says new markets will help to counteract limited growth opportunities in developed markets.
Firmenich has announced the opening of a new affiliate in Dubai, in a bid to deepen its understanding of Middle Eastern consumers’ flavour and fragrance preferences.
Swiss chemicals player Clariant has reported a significant recovery for its Q4 after a tough year, but demand from personal care players remains steady.
Latin America and Asia led the way with strong sales for Givaudan’s flavour division in 2009, prodding it towards 1.9 per cent sales growth in local currencies in a tough year for industry.