RCP Therapeutics plans cosmeceutical venture following investment
12-Nov-2008 By Katie Bird
RCP Therapeutics is set to recieve significant investment from a US-based venture capital firm which will lead to the spin off of a new company dedicated to cosmeceuticals.
Parlux results paint a mixed picture
06-Nov-2008 By Katie Bird
A sharp increase in sales led to a significant jump in net profits for the quarter, for Fort Lauderdale-based Parlux.
Elizabeth Arden reports loss but remains upbeat
06-Nov-2008 By Guy Montague-Jones
Elizabeth Arden is the latest beauty company to have reduced its sales forecast in anticipation of sluggish consumer spending.
Unilever results benefit from increased prices
06-Nov-2008 By Katie Bird
Unilever’s strong third quarter sales were driven mainly by increased prices as sales volumes suffered in some regions.
Flagship brand Nivea drives Beiersdorf results
04-Nov-2008 By Katie Bird
Good performance from Nivea helped keep Beiersdorf’s results up although costs relating to its Chinese operations may affect profits before the year is out.
Colgate reports strong results, bucking industry trend
03-Nov-2008 By Simon Pitman
Colgate has reported higher sales and profits, beating disappointing quarterly results from major competitors such as Unilever and Procter & Gamble.
L'Oreal cuts sales and profit forecasts
31-Oct-2008 By Guy Montague-Jones
A sluggish September has forced L’Oreal to cut its sales and profit forecasts for the financial year.
Avon profits miss expectations on economic turmoil
30-Oct-2008 By Simon Pitman
Avon has reported a strong rise in its third quarter profits, but poor North American sales spell missed market expectations.
Fragrance sales continue to disappoint for IFF
30-Oct-2008 By Katie Bird
International Flavors and Fragrances has reported a drop in profits this quarter due to higher input costs and a shift to lower margin products.
Cosmetics factory in Wales cuts 200 jobs
30-Oct-2008 By Guy Montague-Jones
Budelpack COSi is shedding over 200 jobs at its Welsh plant as the chilly economic climate forces the company to restructure.
Boots Alliance reports strong growth but beauty fails to shine
30-Oct-2008 By Simon Pitman
British health and beauty player Boots Alliance says that preliminary results for the first six months of the year ending in September show sales up 11.7 per cent.
Global luxury market faces recession
29-Oct-2008 By Katie Bird
The global luxury market is facing its first recession in six years, according to a recent report from Bain and Company.
Reckitt Benckiser results defy credit crunch
29-Oct-2008 By Simon Pitman
An increased advertising spend and new product launches have helped UK cosmetics player Reckitt Benckiser to weather tough economic conditions.
Symrise suffers from a luxury sales drop
29-Oct-2008 By Gavin Kermack and Guy Montague-Jones
Sales growth at Symrise was dampened in the third quarter by weakening demand at the luxury end of personal care and in fine fragrances.
Estee Lauder drops annual expectations due to uncertain times
28-Oct-2008 By Katie Bird
Estée Lauder has lowered expectations for the year in the light of ‘extraordinary uncertainty’ in the global economy.
L'Oreal lets go of costly Welsh factory
28-Oct-2008 By Guy Montague-Jones
L’Oreal plans to cut 200 jobs at a Welsh factory, blaming unsustainable logistical costs associated with higher overseas sales and a decline in the UK supplier base.
Croda opens two new innovation centers
27-Oct-2008 By Guy Montague-Jones
Croda has opened two new innovation centers in Delaware to support the development of the next generation of cosmetic ingredients.
Strong Latin American growth boosts Alberto Culver results
27-Oct-2008 By Katie Bird
Multi-cultural brands and growth in Latin America are behind the success of Alberto Culver’s fourth quarter.
Shiseido ups forecast but warns of tougher times ahead
24-Oct-2008 By Guy Montague-Jones
Shiseido has upped its profit forecast for the first half of the year but the company warned that business conditions will be tougher in future quarters.
UK contract manufacturer eyes international expansion
24-Oct-2008 By Simon Pitman
Swallowfield has unveiled its new Paris operation, which it says forms part of its plan to expand beyond the domestic UK market and into the international arena.
New launches boost Inter Parfums' sales
24-Oct-2008 By Katie Bird
A number of new launches from the Van Cleef & Arpels and Lanvin brands have helped drive third quarter sales for Inter Parfums.
Takasago expands presence in US fragrance market
23-Oct-2008
Takasago International Corporation has announced the acquisition of New Jersey-based Wessel Fragrances, in an attempt to increase its global footprint.
'Sluggish' markets hinder Tupperware's beauty sales
22-Oct-2008 By Katie Bird
Direct seller Tupperware has suffered from ‘sluggish’ economies in its established markets, particularly in the beauty sector.
Oriflame reports exceptionally high growth figures
22-Oct-2008 By Guy Montague-Jones
Supported by a burgeoning sales force, Oriflame reported rapid growth in both turnover and profit in the third quarter.
Avon warns authorities of internal investigation
21-Oct-2008 By Guy Montague-Jones
Avon has informed federal authorities of an internal investigation into alleged irregularities surrounding expenses in China.
LVMH believes growth will continue despite current crisis
15-Oct-2008 By Katie Bird
Perfume and cosmetics sales help luxury group Moët Hennessy Louis Vuitton LVMH report a strong third quarter.
Rhodia and KCI sign marketing deal for conditioning polymers
14-Oct-2008 By Guy Montague-Jones
In a bid to further extend its range of conditioning polymers, Rhodia has signed a global marketing agreement with South Korean firm KCI.
Soliance strengthens position in the US
14-Oct-2008 By Simon Pitman
French active cosmetic ingredients company Soliance has created a new US subsidiary as a means of expanding its business into the North American market.
Coty signs licensing agreement with Balenciaga
13-Oct-2008 By Katie Bird
Balenciaga is hoping to recapture the glamour of its heydey by signing a new fragrance licensing agreement with Coty.
Celebrity fragrances boost Parlux results
07-Oct-2008 By Katie Bird
Celebrity scents have boosted second quarter sales for Parlux Fragrances, which is currently launching Paris Hilton’s latest offering for the holiday season.
Skin care drives UK pharma company results
02-Oct-2008 By Katie Bird
Sinclair Pharma has announced that its dermatological and oral health product line has ushered it into its first year of profit.
UK skin care firm's shares still suspended
01-Oct-2008 By Katie Bird
Shares in UK-based skincare firm Dermasalve are still suspended as the company fails to find additional funding.
Brazil's export market is tipped for growth
29-Sep-2008 By Katie Bird
Brazil’s cosmetics players are capturing Latin American and Middle Eastern markets as exports from the country flourish.
Clarins moves a step closer to delisting
25-Sep-2008 By Simon Pitman
French luxury beauty player Clarins says its holding company will proceed with a squeeze-out offer on September 26 to buy back the remaining shares it does not own.
Leading retailers investigated for price fixing
25-Sep-2008 By Katie Bird
A number of leading UK consumer goods retailers and suppliers are being investigated for price fixing.
L'Oreal closes factory in Monaco
24-Sep-2008 By Katie Bird
L’Oreal has announced the closure of its factory in Monaco responsible for the manufacture of the Biotherm brand.
Signum signs deal to push anti-inflammatory ingredient
18-Sep-2008 By Katie Bird
An anti-inflammatory skin care ingredient gets a boost as parent company Signum Biosciences signs a deal with a Japanese cosmetics manufacturer.
BASF makes billion dollar offer for Ciba
17-Sep-2008 By Guy Montague-Jones
BASF has announced plans to acquire rival firm Ciba for €3.8bn in a move that will extend significantly its range of products for the plastics and coatings industries.
Hypermarcas completes major Brazilian cosmetics acquisition
16-Sep-2008 By Guy Montague-Jones
Hypermarcas has taken a deeper bite into the Brazilian cosmetics market with the acquisition of Niasi for R$366m ($200m).
VPI invests for the future after posting solid yearly results
16-Sep-2008 By staff reporter
Cosmetics packaging specialist VPI says it has swept away rumours surrounding its future with strong sales figures for the latest fiscal year.
Art and Fragrance struggles in current economic climate
16-Sep-2008 By Katie Bird
Rising costs and a negative exchange rate have led niche perfumer Art and Fragrance to report significant losses for the first half of 2008.
Eastern Europe drives growth at Beiersdorf
16-Sep-2008 By Guy Montague-Jones
Beiersdorf has expanded its market share in Central and Eastern Europe as the economic downturn in Europe and North America pushes companies towards emerging markets.
Coty announces strong annual sales across all divisions
15-Sep-2008 By Katie Bird
Fragrance giant Coty has announced fiscal year sales of $4 billion; a significant improvement on last year’s results.
P&G buys up scalp care specialist Nioxin Research Laboratories
04-Sep-2008 By Simon Pitman
Building on its strength in scalp care category Procter & Gamble has acquired Nioxin Research Laboratories, which specializes in products for thinning hair.
New Unilever CEO charged with turning business around
04-Sep-2008 By Simon Pitman
Anglo-Dutch personal care and food giant Unilever has appointed a new CEO, Paul Polman, to replace the outgoing company head Patrick Cescau.
Revlon repays debt to cut costs
03-Sep-2008 By Katie Bird
Revlon has announced plans to significantly reduce its debt as recent results suggest the company’s performance continues to improve.
Kalina profits take a tumble on costs and taxes
03-Sep-2008 By Simon Pitman
Russian cosmetics player Kalina has reported a significant decrease in its profits despite a growth in sales following, significant taxation charges.
Alliance Boots expands into United Arab Emirates
02-Sep-2008 By Katie Bird
The UK’s biggest pharmacy chain Alliance Boots continues its expansion into the United Arab Emirates with a new store opening in Sharjah.
L'Oreal keeps profits up despite cost increases
29-Aug-2008 By Guy Montague-Jones
L’Oreal protected its margins in the first half of the year in the face of attacks from higher raw material and energy prices.
Further price rises for Sun Chemical
29-Aug-2008 By staff reporter
Sun Chemical Europe says rising oil prices and shortages of raw materials are driving a second round of price hikes.