Financial News


  • Gains at L’Occitane

    • L’Occitane International S.A., a global, natural and organic ingredient-based cosmetics and well-being products manufacturer and retailer, posted a 21.9% increase in sales to $582 million for the six months ended Sept. 30, 2012. The gain…
    04.04.13

  • KitoZyme Lands More Funding

    • KitoZyme has finalized a €9 million capital increase. The issue of new shares was reserved for and entirely underwritten by the company’s two main shareholders: Valois (Mestdagh Group and Montulet family) and SRIW, the Wallonia Regi…
    04.04.13

  • US Economy Expanded in Q4

    Here’s hoping that red ink is erasable. The US economy actually grew in the fourth quarter of 2012—but just barely—instead of contracting for the first time in three and a half years, according to the Commerce Department. The U…
    04.04.13

  • Unilever Posts Double-Digit Gains

    • Once again, Unilever showed that it knows a thing or two about selling shampoo and soap bars in emerging markets. Led by sales gains in India, Brazil and other growth countries, the company reported 2012 sales rose 10.5% to €51.3 billion…
    03.14.13

  • Nu Skin’s Revenues Rise

    • Nu Skin Enterprises, Inc. said fourth quarter sales jumped 19% to a record $588.2 million. Revenue in the Americas improved 4% to $80.1 million. “We are pleased with our solid fourth-quarter results and believe 2013 will be another reco…
    03.14.13

  • Sales Rise 7% at Estée Lauder

    • The Estée Lauder Companies Inc. reported net sales for its second quarter ended Dec. 31, 2012 rose 7% to $2.93 billion. For the six months ended Dec. 31, 2012, the company reported a 5% increase in net sales to $5.48 billion. Net sales…
    03.14.13

  • Inter Parfums Issues Guidance

    • Inter Parfums, Inc. released its initial guidance for 2013, which calls for net sales of approximately $460.0 million and net income attributable to Inter Parfums, Inc. of approximately $26.4 million. The guidance assumes the dollar remains at…
    03.14.13

  • Sales Jump at L’Oréal

    • 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…
    03.14.13

  • A Challenging Year for Avon

    • 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…
    03.14.13

  • Net Sales at Revlon Rise 3.2% for 2012

    • 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…
    03.14.13

  • Q4 Sales Rise 2.5% At Colgate-Palmolive

    • 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…
    03.14.13

  • Reckitt Benckiser Acquires Schiff Nutrition for $1.4B

    • 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…
    02.13.13

  • TCP Invests in Laura Geller

    • 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…
    02.13.13

  • Inter Parfums Signs Deal with Dunhill

    • 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…
    02.13.13

  • Gains Across the BoardFor Ulta Beauty

    • 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…
    02.13.13

  • Parlux Enters Deal With Kenneth Cole

    • 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…
    02.13.13

  • First Quarter Sales Get Clipped At Regis Corporation

    • 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…
    02.13.13

  • Personal Care Sales Flat At Helen of Troy

    • 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…
    02.13.13

  • Robert af Jochnick Takes Bigger Stake in Oriflame

    • 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…
    02.13.13

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

    • 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. “…
    02.13.13