Financial News

  • Sales Downgrades in FMCG for Q3?

    October 18, 2016
    Euromonitor has insight on beauty and home care.

  • Coty To Have a Good Hair Day

    Coty To Have a Good Hair Day

    October 17, 2016
    British styling company ‘ghd’ will boost hair care portfolio.

  • Turnaround Continues at CCA

    October 17, 2016
    Three quarters of profits are in the books

  • LVMH's Beauty Business Continues To Post Gains

    October 11, 2016
    Organic gains of 8% for first nine months of the year.

  • P&G, Coty Complete Beauty Deal

    P&G, Coty Complete Beauty Deal

    October 4, 2016
    $12.5 billion dollar exchange is now closed.

  • Lincoln Fine Ingredients Acquires Specialty Premier

    October 3, 2016
    Personal care suppliers merge to expand portfolio.

  • Color Cosmetics Boost Sales at Estée Lauder

    October 3, 2016
    Buoyed by gains in color cosmetics, Estée Lauder said sales rose for the quarter and the year. For the three months ended June 30, 2016, net sales increased 5% to $2.65 billion. Fiscal 2016 fourth quarter sales benefited from innovative new pr…

  • Honest Company to Unilever?

    October 3, 2016
    Negotiations are still early, but at press time, Unilever was said to be in talks to acquire The Honest Company. The Santa Monica, CA company was cofounded by Actress Jessica Alba in 2011. A year ago, The Honest Company was valued at $1.7 billion…

  • Coty Beats Financial Estimates

    October 3, 2016
    Coty’s fourth quarter sales increased 6% to nearly $1.1 billion, but the company reported an operating loss of $2.9 million for the period. Still, both results topped estimates. “Fiscal 2016 showed our continued progress in our strat…

  • Whitehall Partners Buys Naturally Uncommon

    October 3, 2016
    In acquisition news, Whitehall Partners LLC has purchased Naturally Uncommon from its former owners and founders. Terms of the transaction were not disclosed. Headquartered in Atkinson, NH, Naturally Uncommon is an eco-conscious company that man…

  • Q2 Results Slip At Colgate-Palmolive

    October 3, 2016
    Colgate-Palmolive reported worldwide net sales fell 5.5% to $3.8 billion in the second quarter 2016. Global unit volume decreased 3.0%, pricing increased 3.0% and foreign exchange was negative 5.5%. However, operating profit increased 1% to $944 mill…

  • Another Decline at Avon

    October 3, 2016
    Second quarter revenue for Avon Products, Inc. declined 8% to $1.4 billion, but increased 4% in constant dollars and increased 5% in constant dollars when excluding the impact of the sale of Liz Earle. “Our second quarter results came in s…

  • Edgewell’s Sales Slide in Q3

    October 3, 2016
    Net sales decreased 1.3% to $2.0 million in Edgewell’s fiscal third quarter. However, sun and skin care segment profit increased 33% to $8.5 million. According to the company, excluding an estimated $2 million negative impact from internat…

  • K-C Sees Decrease in Sales

    October 3, 2016
    Kimberly-Clark Corporation reported second quarter 2016 results and confirmed its previous guidance for full-year 2016 adjusted earnings per share. Second quarter 2016 net sales fell 1% to $4.6 billion. However, organic sales rose 3%—including…

  • CCA’s Q2 Turnaround

    October 3, 2016
    Core Care America (CCA) posted a rise in results for the second quarter and six months ended May 31. In Q2, total net income increased to $423,677 from a loss of more than $1.5 million. Six-month sales were $10.5 million with net income of $639,987.…