Financial News

  • Sales Jump at L’Oréal

    March 14, 2013
    • L’Oréal posted sales of $28.8 billion last year, a gain of 10.4%. Net income increased 15.1% to $3.8 billion. The company noted that 2012 was a milestone year as new markets became the No. 1 geographic zone. By division, professi…


  • A Challenging Year for Avon

    March 14, 2013
    • Avon Products, Inc. posted fourth -quarter and full-year 2012 results for the year ended Dec. 31, 2012. For the fourth quarter, total revenue decreased 1% to $3.0 billion. Total units grew 2% and price/mix decreased 1% during the quarter. Acti…


  • Net Sales at Revlon Rise 3.2% for 2012

    March 14, 2013
    • Revlon, Inc. posted results for the year and the fourth quarter ended Dec. 31, 2012. For the year, net sales rose 3.2% to $1.4 billion. The increase was primarily driven by higher net sales of Revlon color cosmetics, Revlon ColorSilk hair colo…


  • Q4 Sales Rise 2.5% At Colgate-Palmolive

    March 14, 2013
    • Colgate-Palmolive Company posted a 2.5% increase in worldwide net sales to $4.3 billion in the fourth quarter 2012. Global unit volume grew 1.5%, pricing increased 2.5% and foreign exchange was negative 1.5%. Net income rose 6% to $671 milli…


  • Reckitt Benckiser Acquires Schiff Nutrition for $1.4B

    February 13, 2013
    • Reckitt Benckiser Group PLC acquired all of the outstanding shares of Schiff Nutrition International, Inc., a leading provider of branded vitamins, nutrition supplements and nutrition bars in the US and elsewhere, for $42 a share in cash, or a…


  • TCP Invests in Laura Geller

    February 13, 2013
    • Prestige color cosmetics brand Laura Geller Beauty, big at Ulta stores and on QVC, partnered with Tengram Capital Partners, LLC, (TCP), a Connecticut-based private equity firm to expand the business. The company is best known as a pioneer of t…


  • Inter Parfums Signs Deal with Dunhill

    February 13, 2013
    • Inter Parfums, Inc. has entered into a 10-year exclusive worldwide fragrance license to create, produce and distribute perfumes and fragrance-related products under the Alfred Dunhill Limited brand. The agreement commences on April 3, 2013 and…


  • Gains Across the BoardFor Ulta Beauty

    February 13, 2013
    • Ulta Beauty said third quarter sales increased 22.4% to $505.6 million. Comparable store sales (sales for stores open at least 14 months) increased 8.4%, while operating income increased 38.6% to $61.3 million. Net income increased 42.5% to $3…


  • Parlux Enters Deal With Kenneth Cole

    February 13, 2013
    • Kenneth Cole Productions Inc. has entered into a new licensing agreement with Parlux Ltd., effective Jan. 1, 2013. With more than 20 years experience in marketing and developing fragrance brands, the collaboration marks the beginning of a new…


  • First Quarter Sales Get Clipped At Regis Corporation

    February 13, 2013
    • For the first quarter of 2013, Regis Corporation reported that net sales fell 4.9% to $505.4 million. Same store sales declined 3.1%, while same store transaction counts for salon businesses declined 2.3%. “First quarter results are ind…


  • Personal Care Sales Flat At Helen of Troy

    February 13, 2013
    • Helen of Troy Limited posted a 10.6% rise in total sales to $374.6 million for the third quarter of fiscal 2013. The increase was attributable to higher sales in the health care segment, driven by sales increase from the acquisition of the Pur…


  • Robert af Jochnick Takes Bigger Stake in Oriflame

    February 13, 2013
    • Robert af Jochnick, Oriflame’s chairman, has acquired 50,000 shares in Oriflame Cosmetics S.A., increasing his holding to approximately 6.5% of the votes and capital in the company. Founded in 1967 by two brothers and their friend, Orif…


  • Nu Skin’s Q3 Is a CharmAs Sales Surge 23%

    February 13, 2013
    • Nu Skin Enterprises, Inc. reported record third-quarter results as sales rose 23% to $526.2 million. Additionally, the company announced that it is increasing its full-year 2012 revenue guidance to $2.11 billion, a 21% gain over 2011. “…


  • Procter & Gamble’s Q2 Gains cheered by Wall Street

    February 13, 2013
    • Take that, Bill Ackman! The Procter & Gamble Company (P&G) reported a 2% rise in net sales to $22.2 billion for its fiscal second quarter. The result was cheered on Wall Street, which sent share prices up more than 3% when it was ann…


  • Sales Rise 13.5% at Elizabeth Arden

    January 29, 2013
    Elizabeth Arden’s net sales rose 13.5% to $344.5 million for the first quarter ended Sept. 30, 2012. Net sales for the company’s international segment increased 2.2%, while net sales in the company’s North America segment grew 20.0%…