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Published March 26, 2004
Del Laboratories, Inc., Uniondale, NY, will license the Elizabeth Arden and Red Door trademarks for a new collection of salon nail care products. The products will be developed and marketed by Del Laboratories and sold under the Elizabeth Arden and R… Read More »
Published March 11, 2004
The anti-aging product market shot up 13 percent in 2003, more than double the previous two years' 4-5 % growth rate, according to retail tracking firm NPD Group.NPD research shows that the upper end of the market has advanced considerably: Products… Read More »
Published March 11, 2004
Driven by successful new product launches, Elizabeth Arden, Inc. reported a surge in sales and profits for the fourth quarter. However, for the year ended Jan. 31, 2004, the company reported another loss.Net sales for the fourth quarter of fiscal 200… Read More »
Published March 8, 2004
Scott's Liquid Gold, which develops, manufactures and markets household and skin care products, today announced its operating results for the year 2003.For the year ended December 31, 2003, the company reported a net loss of $189,600, on net sales of… Read More »
Published March 5, 2004
Procter & Gamble Company announced today an exclusive license agreement with OT OverTime, LLC. Under the terms of the agreement, OT Overtime, LLC will manufacture, distribute and market a line of personal care products under the trademark "OT." This… Read More »
Published March 2, 2004
ItÕs ainÕt easy being a mid-size ($2.9 billion) company in the global hair care business. Yet with its strong distribution network in place, Alberto-Culver has managed to survive and thrive in this increasingly hostile environment. All that may be se… Read More »
Published March 2, 2004
The Òalways the lowest priceÓ syndrome that is wreaking havoc with supplier and marketer profit margins, isnÕt solely a U.S. phenomenon. The rush to lower prices is even reaching the Indian sub-continent. Today, the Indian unit of Procter & Gamble Co… Read More »
Published February 10, 2004
WD-40 Company and PZ Cussons plc in the UK announced they have signed a definitive purchase agreement in which WD-40 Company will acquire the 1001 brand of carpet cleaning products.The purchase price of approximately $11.5 million will be funded thro… Read More »
Published February 10, 2004
Playtex Products Inc. posted a fourth quarter loss due to restructuring charges, fall in market share in the tampons category and reduced demand for sun care products.The Westport, CT-based maker of Playtex tampons, Banana Boat sunscreen and Binaca b… Read More »
Published January 29, 2004
Profits at The Gillette Co. rose 6% in the fourth quarter, the company said Thursday, largely due to stronger blade and razor sales. Boston-based Gillette reported profits of $368 million, up 6% from a year ago. Income from continuing operations was… Read More »
Published January 28, 2004
The Procter & Gamble Co.'s fiscal second quarter profit jumped 22%, thanks to lower manufacturing costs and a 50% surge in sales at its beauty care business, according to executives.P&G also reported net income of $1.82 billion for the quarter ended… Read More »
Published January 22, 2004
LVMH Mo‘t Hennessy Louis Vuitton (LVMH) recorded sales of EUR 12 billion in 2003, an organic growth of 4% over 2002. Executives reported sales growth in the fourth quarter accelerated 8%. Louis Vuitton, in particular, performed well, recording double… Read More »
Published January 15, 2004
The dangers of too much UV radiation have been in the news for years. Consumers are urged to stay out of the sun from 10 a.m. to 2 p.m., bundle up in protective clothing and slather on copious amounts of sunscreen. All these warnings, however, havenÕ… Read More »
Published November 12, 2003
German hair care group Wella posted third-quarter pre-tax earnings up almost a quarter on the year-ago period despite flat sales which it blamed on restrained spending by consumers. The company, controlled by U.S. consumer products group Procter & Ga… Read More »
Published November 3, 2003
Church & Dwight announced third quarter profit grew 11%, helped in part by solid sales growth at its biggest division, laundry products. The company reported net income of $19.5 million, compared to $17.6 million a year earlier. Sales edged up to $26… Read More »
Published October 28, 2003
Estee Lauder Cos. Inc. will open new cosmetics departments in Kohl's Corp. department stores, the two companies said on Tuesday, moving Estee Lauder into a faster growing outlet than its typical department store venues. Kohl's, a chain of mid-priced… Read More »
Published October 24, 2003
Five months after putting itself up for sale, Burt's Bees was sold to investment firm AEA Investors for more than $175 million. Owner and chief executive office Roxanne Quimby put Burt's Bees on the selling block to give the money from the sale towar… Read More »
Published October 23, 2003
The market for specialty active ingredients--compounds that provide a demonstrable therapeutic effect on the skin or hair--and the systems used to deliver these ingredients, has exploded in the past few years. According to estimates by Kline & Compan… Read More »
Published September 22, 2003
German hair care products maker Wella AG elected four new members to the supervisory board. Martin J. Nuechtern, Rainer Henes, Dieter B. Judith and Dr. Gerhard Wirth joined Wella's supervisory board, the company said in a statement. Dr. Wirth will ac… Read More »
Published September 11, 2003
USA Technologies' e-Port has been chosen as the to equip vending machines dispensing Playtex brand Banana Boat sun care products. Vision North America LLC, a marketing company providing vending machine management solutions to Playtex Products, Inc.,… Read More »
Published September 4, 2003
Procter & Gamble said on Wednesday that it "comfortable" with consensus earnings-per-share growth expectations for the full fiscal year. The company made no change to its forecast for volume and sales growth for fiscal 2004.P&G also confirmed that th… Read More »
Published August 5, 2003
The Gillette Co., Boston, MA, said second-quarter net income rose 15%, giving much of the credit to the success of new shavers, razors and battery-powered toothbrushes. The company reported net income of $338 million, compared with $293 million a yea… Read More »
Published July 29, 2003
The European Commission has given Procter & Gamble Co. permission to take over German hair care group Wella, the U.S. group's largest deal ever, a source familiar with the situation said on Tuesday.P&G, the leading U.S. consumer products company whos… Read More »
Published July 24, 2003
Alberto-Culver Co., Melrose Park, IL, said its quarterly profit rose 17%, beating Wall Street estimates, on robust sales of its beauty care products and improved profit margins.Alberto-Culver, which also owns the Sally Beauty Co. chain, said it earne… Read More »
Published July 15, 2003
Reckitt Benckiser Plc said Tuesday second-quarter net revenue growth of 7% was above its full-year target, but it disappointed investors with flat year-on-year growth and lower profits in North America. The UK-based global leader in household cleanin… Read More »
Published June 17, 2003
Nestle and Colgate-Palmolive have joined forces to challenge Wrigley, the world's No. 1 chewing gum maker, for leadership of the fast-growing market for dental chewing gum.Nestle, the world's biggest consumer food company, and Colgate-Palmolive, the… Read More »
Published May 28, 2003
In a license with Procter & Gamble, Los Angeles-based Universal Group has launched Old Spice High Endurance shaving products for men, providing men with leading technology to meet their daily shaving and face care needs, executives said."As a leading… Read More »
Published May 28, 2003
Henkel KgaA, Frankfurt, said Wednesday that it hasn't sold its 6.86% stake in hair care products maker Wella AG to The Procter & Gamble Co. Henkel has until midday to accept P&G's offer of EUR65 for each preference share and EUR92.25 for each ordinar… Read More »
Published April 30, 2003
Announces Gains in the Third Quarter The Estee Lauder Companies Inc. announced that today it has completed its acquisition of Laboratoires Darphin, the Paris-based company dedicated to the development, manufacturing and marketing of prestige skin car… Read More »
Published April 24, 2003
Allou Healthcare Inc., a distributor of prescription drugs and consumer personal care products, on Thursday said it discovered that inventory and accounts receivable were substantially overstated and fired its senior executives.The company, which had… Read More »
Published April 23, 2003
Jafra Cosmetics International, Inc. Westlake, CA, said net sales in the first quarter of 2003 were $91.4 million compared to $99.1 million in the first quarter of 2002. The 8% decrease in U.S. dollar net sales resulted primarily from the weakening of… Read More »
Published April 2, 2003
Hairstylist Vidal Sassoon sued Procter & Gamble on Tuesday, seeking to reclaim control of his brand name after years of alleged "systematic destruction" by P&G. Mr. Sassoon, who rose to prominence for the short, pixie cut that model Twiggy popularize… Read More »
Published March 27, 2003
According to a recent consumer survey released by leading market information company The NPD Group, Inc., many consumers are scaling back spending on discretionary items due to factors ranging from rising gas prices to war worries. However, they are… Read More »
Published March 18, 2003
Procter & Gamble Co. has signed an agreement with the founding Stroeher family shareholders of Wella AG to acquire 77.6% of their common shares, the German hair-care company said Tuesday. This represents 50.7% of Wella's total share capital, and amou… Read More »
Published March 13, 2003
Nu Skin, Provo, UT, has established an agreement with Cosmix, a German pharmaceutical company, to develop proprietary ingredient technology for future Nu Skin personal care products. Executives said Cosmix has extensive knowledge of functional molecu… Read More »
Published February 20, 2003
Reuben Mark, the 64-year-old chairman and chief executive of New York-based household and personal care products maker Colgate-Palmolive Co., is not ready to leave the company yet, according to a Reuters report."I have no specific retirement plans,"… Read More »
Published February 14, 2003
Although L'Oreal's Lanc™me has yet to advertise it, word is already out about one of its newest products. Hundreds of women have purportedly rushed to department stores to put their names on lists, and are waiting for the first shipments of Resolutio… Read More »
Published February 13, 2003
CCA Industries, Inc. announced today that its year-end profits rose 52% per share from $0.27 per share to $0.41 per share. Revenues were up 9.5% from $41.7 million to $45.6 million. Net income was up 52.6% to $3.0 million from $2.0 million. Profits w… Read More »
Published February 11, 2003
Household products maker Clorox Co. on Tuesday said quarterly profit rose a better-than-expected 75% as cost-cutting and sales growth in North America helped offset declines in Latin America. The Oakland, CA-based maker of Clorox bleach, Armor All au… Read More »
Published February 6, 2003
Nu Skin Enterprises, Inc. Provo, UT, reported 8% revenue growth from $232.6 million to $250.2 million and 38% earnings per share growth in the fourth quarter of 2002 ended Dec. 31. Net income increased 32% to $18.0 million. During the quarter, the co… Read More »
Published January 31, 2003
J.C. Penney said Friday it would stop selling Avon's beComing line, as well as most other cosmetics and skin care products, in order to have more room to expand and upgrade its woman's accessories business, a hot-selling area for the retailer.Avon sa… Read More »
Published January 30, 2003
The Estee Lauder Cos. posted a better-than-expected 22% increase in its fiscal second quarter profit amid solid sales growth in skin care products and makeup. The New York-based company said Thursday net income rose to $109.6 million for the period e… Read More »
Published January 23, 2003
Darmstadt, Germany-based Wella AG posted a better-than-expected rise in 2002 sales, helped by a string of acquisitions in its fragrance division and forecast further growth in 2003.The maker of cosmetics, hair care and fragrance products saw 2002 sal… Read More »
Published January 14, 2003
The Estee Lauder Cos. has signed an agreement to acquire the Paris-based Darphin group of companies, according to a Form 8-K filed Monday with the Securities and Exchange Commission.The filing didn't include the financial terms of the deal. The deal… Read More »
Published December 23, 2002
The Dial Corporation today announced that it has reached an agreement to sell its Argentina business to an entity designated by Southern Cross Group, a private equity investor in Argentina. The transaction is structured as a sale of the assets of Dia… Read More »
Published November 13, 2002
Playtex Products Inc., Westport, CT, the maker of baby care products, suntan lotions and tampons, announced it is looking at strategic options, including the possibile sale of parts or all of the company. It has hired J.P. Morgan Chase & Co. as its f… Read More »
Published November 11, 2002
Drug company Bayer AG, Leverkusen, Germany, agreed to sell its household insecticides and air freshener business to S.C. Johnson & Son Inc. for approximately $734.4 million. The agreement comes less than a month after Bayer signed a letter of intent… Read More »
Published October 29, 2002
The Estee Lauder Companies Inc., New York, NY, today reported net sales for the first quarter ended Sept. 30 were $1.24 billion, a 4% increase from $1.19 billion in the prior-year period. Excluding the impact of foreign currency translation, net sale… Read More »
Published October 17, 2002
The Dial Corporation, Scottsdale, AZ, reported net sales rose 4.1% to $347.2 million for the third quarter ended Sept. 28, 2002. Excluding Argentina where sales were reduced by the peso devaluation, total company net sales would have increased approx… Read More »
Published October 17, 2002
Bayer AG and SC Johnson have signed a letter of intent in regard to the sale of Bayer AG's household insecticides business. Executives said Bayer aims to complete the sale by the end of 2002. The $3.9 million business contains the leading Baygon inse… Read More »