Financial News

  • Arden Sees Setbacks in Holiday, Mass and Mid-Tier Retail

    April 1, 2014
    Elizabeth Arden, Inc. said net sales fell 10.6% to $418 million, due to declines in North America during the second quarter of fiscal 2014. Net sales of the company’s North America segment decreased by 13%, due to weaker than anticipated holid…


  • Sales Rise 3% at Lauder

    April 1, 2014
    The Estée Lauder Companies Inc. said net sales for its second quarter ended Dec. 31, 2013 rose 3% to $3.02 billion. Skin care net sales were approximately $48 million; makeup, $32 million; fragrance, $10 million; and hair care, approximately $…


  • P&G Cuts Outlook

    April 1, 2014
    Procter & Gamble said currency rate changes in Venezuela, Argentina and other developing countries are hurting its profitability and therefore has cut its earnings outlook for the year. It expects that earnings will grow 3 to 5%, excluding one-ti…


  • Hygiene Sales Rise 4% at Reckitt Benckiser

    April 1, 2014
    Reckitt Benckiser posted annual sales for 2013 along with the fourth quarter ended Dec. 31, 2013. Annual sales totaled $13.7 billion, driven by a 27% increase in health care sales ($3.6 billion). Hygiene sales rose 4% to $5.2 billion and home sales w…


  • Sally Beauty Offers Free Credit Monitoring

    Sally Beauty Offers Free Credit Monitoring

    March 31, 2014
    Forensic investigation of security breach continues.


  • Kosé Buys Tarte

    Kosé Buys Tarte

    March 18, 2014
    Deal expected to close next month.


  • Inter Parfums Reports 2013 Results

    Inter Parfums Reports 2013 Results

    March 13, 2014
    Madar says new product pipeline is one of the "most ambitious" in years.


  • Venezuela Takes Its Toll on FMCG Companies

    Venezuela Takes Its Toll on FMCG Companies

    March 7, 2014
    Avon, P&G and others note the drag on 2013 results.


  • Sales Fall, Losses Rise
At CCA Industries

    Sales Fall, Losses Rise At CCA Industries

    March 6, 2014
    New agreement with Emerson Group will lower costs.


  • Revlon

    Revlon's Sales Rise 7% for 2013

    March 6, 2014
    Results get a boost from Colomer acquisition


  • Economic Recovery Likely To Continue

    March 5, 2014
    The first Chemical Activity Barometer (CAB) reading of 2014 strengthened slightly, pointing to continued growth and an improving US economy throughout 2014. The barometer in January ticked up to 94.0, increasing 0.2 points over December on a three-mo…


  • Agilex Acquires Oriental Aromatics in North America

    March 5, 2014
    Agilex Fragrances has acquired the North American assets of Oriental Aromatics Inc. A purchase price was not disclosed. This strategic combination will enhance Agilex’s leadership role as the leading middle market fragrance company in the US, w…


  • Sales Rise at PZ Cussons

    March 5, 2014
    PZ Cussons Plc’s sales rose 4.1% to $709.2 million for the six months ended Nov. 30, 2013. Operating profit increased 6% with performance in Africa and Europe offsetting the impact of a weakening in Asian countries. Excluding the exchange rate…


  • Sales Down at Avon

    March 5, 2014
    Avon Products’ 2013 sales fell 6% to $10.0 billion, according to the direct-seller, with total units down 5% and price/mix up 4%. Total beauty sales fell 7%.  “Looking back at 2013, we made progress addressing tough legacy issues, i…


  • Neutrogena and Aveeno Lift J&J’s 2013 Results

    March 5, 2014
    Helped along by sales gains for its Neutrogena and Aveeno skin care brands, Johnson & Johnson said worldwide consumer product sales rose 1.7% to $14.7 billion in 2013. Also providing a lift were international sales of Listerine oral care products…