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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 »
Published October 10, 2002
Helen of Troy Ltd., a marketer of brand-name personal care products, today reported record earnings for the second quarter and six months ended Aug. 31, 2002. Second quarter sales were $111,058,000, versus sales of $112,688,000 for the same period of… Read More »
Published October 3, 2002
Revlon has entered into a licensing agreement with Pacific World Corporation, a leading manufacturer for nail and nail care products.The new Revlon artificial nail line is slated to launch in January 2003 and is comprised of 23 SKUs, including 12 set… Read More »
Published October 1, 2002
Fine and thinning hair is an increasing concern for both men and women, especially with so many factors -stress, chemical processing, and poor nutrition-contributing to the problem. In response to the millions of consumers looking for a way to mainta… Read More »
Published October 1, 2002
The Gillette Company, the global leader in the $5 billion manual and power oral care market, today introduced two new oral care products that improve upon the superior performance of Oral-B CrossAction, its most technologically advanced manual toothb… Read More »
Published September 30, 2002
Combe Incorporated, White Plains, NY, the world leader in men's hair color products, will purchase J.B. Williams Company, Inc., of Glen Rock, NJ, a marketer of leading oral and men's hair and personal care products in the United States, Canada and Pu… Read More »
Published September 26, 2002
Helen of Troy Ltd. has signed a definitive agreement to acquire six well-known personal-care brand names from Procter & Gamble Co. for an undisclosed cash sum. Brands acquired directly include Condition 3-in-1, Final Net, Vitalis and Ammens. Sea Bree… Read More »
Published September 26, 2002
Revlon, Inc. today announced the appointment of Pamela Vaile to the position of senior vice president, global product development, effective October 1, 2002. Ms. Vaile replaces Donna Barasch, who left the company to pursue other career opportunities.… Read More »
Published September 24, 2002
The Consumer Specialty Products Association's Air Care Division recently announced a tentative agenda for its upcoming workshop on innovation and creativity in product development. It will be held Oct. 29 at the Sheraton Newark Airport, NJ, from 8:00… Read More »
Published September 15, 2002
The Procter & Gamble Co. is starting a massive ad campaign to try to revitalize the Clairol hair care brand it acquired from Bristol-Myers Squibb Co. in November. "This intensive initial campaign is just the beginning of our efforts to re- energize C… Read More »
Published September 3, 2002
Avon Products Inc. and Colgate-Palmolive today, both said they were confident with third quarter and full-year sales and earnings projections. Avon reiterated its earnings guidance for the third quarter and full year, citing continued growth in sales… Read More »
Published August 22, 2002
Colgate-Palmolive Co. will try to take a bite out of rival Procter & Gamble's lead in the fast-growing at-home teeth-whitening market with its own entry-a gel that costs less than half the price ($14.99) of competing Crest's Whitestrips. The system c… Read More »
Published August 15, 2002
The Estee Lauder Companies Inc., New York, announced net sales increased 8% to $1.13 billion for the fourth quarter ended June 30, compared with $1.05 billion in the fourth quarter of fiscal 2001. Net sales in the quarter increased on a constant curr… Read More »
Published July 19, 2002
Avon Products, Inc., New York, NY, reported record sales, earnings and cash flow in the second quarter of 2002. Earnings per share of $.64 exceeded the $.63 consensus estimate among Wall Street analysts. The company also said it was comfortable with… Read More »
Published July 16, 2002
Johnson & Johnson (J&J), New Brunswick, NJ, announced record sales of $9.1 billion, an increase of 10.9% over second-quarter 2001 results. Excluding the impact of currency, worldwide sales increased 10.7%. Domestic sales increased 10.7%, while intern… Read More »
Published July 10, 2002
The use of phthalates in cosmetics and personal care products is supported by an extensive body of scientific research and data that confirms safety, according to the Cosmetic, Toiletry and Fragrance Association (CTFA), Washington D.C. The Food and D… Read More »
Published February 15, 2002
The White Rain Company, Danbury, CT, has acquired the rights to market and sell Te Tao in the U.S. Previously available only in Europe, Te Tao is a line of hair and body care products that combine Chinese herbal remedies with modern technology. The r… Read More »
Published February 6, 2002
Rudy Giuliani, former New York City mayor, will serve as honorary chairman of the U.S. Olympic Spirit Award for the 2002 Winter Olympic Games, set to begin next week in Salt Lake City, UT. Nu Skin/Pharmanex, a UT-based distributor of personal care pr… Read More »
Published February 5, 2002
The Clorox Company, Oakland, CA, exceeded analysts' consensus earnings estimates for the second quarter. Results were driven primarily by continued strength in the company's Glad and cat litter businesses, Kingsford charcoal and Armor All auto care s… Read More »
Published January 31, 2002
The Procter & Gamble Co., Cincinnati, OH, said net income for the second quarter ended Dec. 31 rose 9%. Sales rose 2% to $10.4 billion, supported by launches of Crest Whitestrips and other beauty care products. This was the first sales increase the c… Read More »
Published January 30, 2002
Due to the events on September 11th, the Semi-Annual Sunscreen Symposium has been rescheduled for April 24-28 at the Coronado Springs Resort at Walt Disney World, Orlando, FL. The event is organized by the Florida Chapter of the Society of Cosmetic C… Read More »
Published January 30, 2002
The Estee Lauder Companies Inc. reported net sales for the second quarter ended Dec. 31, 2001 was $1.26 billion, down 3% from $1.29 billion in the prior-year period. This includes the negative impact of foreign currency translation. Net earnings were… Read More »
Published January 24, 2002
Dial Corp., Scottsdale, AZ, reported fourth-quarter net income nearly doubled from a year ago, boosted by strong sales of its personal cleansing, laundry and food products and improved profit margins. Net sales were up 6.2% for the quarter to $426.6… Read More »
Published January 22, 2002
Annual consumption of personal care products has jumped to 40.5 packages per person in 2000, up from 38.4 packages per person in 1990, and according to a new study by Kline & Company, changes in the demographic composition of the U.S. are largely res… Read More »
Published December 21, 2001
The Alberto-Culver Company's Beauty Systems Group today announced the closing of the acquisition of Austin, Texas-based Armstrong-McCall, a full-service beauty products distributor and franchisor. Armstrong-McCall, a major Matrix distributor, will be… Read More »
Published December 12, 2001
Alberto-Culver Co., a marketer and retailer of personal care products, said today it would acquire Armstrong-McCall, a beauty products distributor, in order to extend the geographic reach of its professional products distribution unit. Armstrong-McCa… Read More »
Published November 19, 2001
China's entry to the World Trade Organization will have a tremendous impact on its fast-growing cosmetics industry, put pressure on domestic brands and rewrite regulations, according a recent article by Reuters.Yet, leading domestic manufacturers ins… Read More »
Published November 19, 2001
U.S. consumers have named Suave as the No. 1 brand in the Health & Beauty Aids category, according to the recent 2001 Top Brands Study sponsored by DSN Retailing Today. Spanning 22 product categories, the national study reported that Suave edged out… Read More »
Published November 2, 2001
Goldman Sachs on Friday said it narrowed its 2001 loss view for Revlon Inc., a day after the cosmetics maker said it reduced losses in the third quarter on cost-cutting efforts and plant consolidation.Analyst Amy Low Chasen said in a research note sh… Read More »
Published October 30, 2001
Gillette today unveiled its new Turbo Mach 3 men's shaving system at a press conference in New York. The Boston-based company maintains that the new razor, which will reach store shelves in April, provides a noticeably better shave than the current M… Read More »
Published October 25, 2001
The Estee Lauder Companies Inc. today reported a 1% gain in net sales to $1.19 billion for the fiscal first quarter ended Sept. 30. Net earnings rose 3% to $97.1 million for the quarter."Despite the very difficult economic environment, we grew our co… Read More »
Published October 11, 2001
CCA Industries, Inc., East Rutherford, NJ, announced today third quarter revenues were up 6% to $10,608,116. Net income was up 415% to $304,125. Earnings per share were up 333% from $0.01 per share to $0.04 per share.The company said its core brand p… Read More »
Published October 3, 2001
Legendary golfer Jack Nicklaus and Randall International, have signed a licensing agreement to manufacture and distribute a rejuvenating line of sun care products under the Nicklaus name. The Nicklaus line will be among the first sports sun care prod… Read More »
Published October 1, 2001
Church & Dwight Co., Inc. today said that it has completed the previously announced acquisition of Carter-Wallace's consumer products business in a partnership with the private equity group, Kelso & Company, for a total purchase price of $739 million… Read More »
Published September 5, 2001
Procter & Gamble Co. reportedly could wind up paying more than $10 million to rival Unilever as a settlement, after P&G confessed that people it had hired spied on Unilever to obtain information about hair care products, according to The Associated P… Read More »