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Published September 12, 2005
The Procter & Gamble Company said that it is deeply saddened by the loss of life and utter devastation brought about by Hurricane Katrina. "We are part of this community, and this disaster has hit our families, our friends and our community very hard… Read More »
Published July 21, 2005
Gap Inc. has signed an exclusive agreement with Inter Parfums Inc. to design and manufacture personal care products under the Gap and Banana Republic brands."Personal care products are a natural extension of our brands and represent an organic growth… Read More »
Published April 6, 2005
Playtex Products, Inc. announced a restructuring plan in which it will focus on its core segments of feminine, infant and skin care products. According to the company, the new realignment plan will cut costs by $12-14 million this year and $22-24 mil… Read More »
Published January 24, 2005
Day Spas of America, with a flagship location in Apollo Beach, FL, is ready for growth in the $11 billion spa market, company executives announced. A new Day Spa location is slated to open mid-2005. The company plans to open additional Day Spas in hi… Read More »
Published January 5, 2005
Ecolab, Inc., St. Paul, MN, announced it has acquired Midland Research Laboratories, Inc., a Lenexa, KS-based provider of water treatment products, process chemicals and services. Midland has sales of about $16 million, company executives said.Dougla… Read More »
Published December 22, 2004
Health and beauty aid company Lee Pharmaceuticals issued results for the three months and fiscal year ended Sept. 30, 2004.For the fiscal year, net revenues were $8.5 million, a 3% decline compared to the previous year.This decline was attributed pri… Read More »
Published December 1, 2004
Published November 4, 2004
Scotts Liquid Gold today announced a net loss of $359 thousand on net sales of $5.1 million for the three months ended Sept. 30. This compares to a net income of $231 thousand and net sales of $6 million in the year-earlier period.For the nine months… Read More »
Published September 27, 2004
The Andrew Jergens Company, Cincinnati, changed its name to Kao Brands Company. Additionally, itswholly-owned Canadian subsidiary, Jergens Canada Inc. was also named Kao Brands Canada Inc.The John Frieda Professional Hair Care subsidiary of Kao Brand… Read More »
Published May 12, 2004
Procter & Gamble Co. bought the remaining 20% stake of its China joint venture for $1.8 billion, securing its foothold in one of the world's fastest growing economies. The purchase accelerated P&G's plan to take over the venture from partner Hutchiso… Read More »
Published May 6, 2004
For the first quarter of 2004, household products maker Scott's Liquid Gold-Inc. reported net sales were $5.2 million, down from $5.7 million in the first quarter of the last year. The company reported a net loss of $350,800 per share, versus a net l… Read More »
Published April 29, 2004
Reuters reported that Boston-based The Gillette Co. posted higher first quarter profit on Thursday, boosted by sales of new razors, cost cuts and the weak dollar. Over the past several years, the world's largest maker of blades and batteries has cut… Read More »
Published April 26, 2004
Estˇe Lauder passed away at her home in Manhattan on April 24 after suffering cardiopulmonary arrest. Until her death, Mrs. Lauder served as the founding chairman of the Estˇe Lauder Companies, an honorary position that will not be filled, according… Read More »
Published April 2, 2004
The Gillette Company today introduced a print and television advertising campaign for Gillette Complete Skincare, a new line of premium products designed specifically for men. The ads highlight Gillette Complete Skincare's guarantee of delivering hea… Read More »
Published March 30, 2004
New York buyout fund Clayton, Dubilier & Rice on Tuesday said it reached an agreement to sell its Jafra Cosmetics unit to GermanyÕs Vorwerk & Co., ending a protracted effort to sell the unit. Terms of the acquisition were not disclosed.Clayton Dubili… Read More »
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 Ņalways 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 »