Breaking News

1Q Profits Dip

November 3, 2006

Estée Lauder’s first-quarter earnings fell less than 1% as revenue in most categories rose but fragrance sales slipped. First quarter income totaled $58.3 million.
Revenue gained 6% to $1.59 billion. Skin care sales grew 8% to $567 million, while makeup sales grew 7% to $646.8 million. Fragrance sales slipped 1% to $289.3 million on lower sales of Estée Lauder Beyond Paradise and various Clinique and Tommy Hilfiger fragrances, while hair care sales grew 16% to $82.4 million.
Skin care, makeup and fragrance results felt the effect of fewer department store during the quarter due to Federated Department Stores Inc. acquisition of May Department Stores Co. last year.

  • Fit for Fitness

    Fit for Fitness

    Christine Esposito, Associate Editor||February 21, 2017
    Kinx Active is a new brand targeting women who want beauty products that can stand up to their fitness routines.

  • Cargo Says Aloha To Spring/Summer

    Cargo Says Aloha To Spring/Summer

    Christine Esposito, Associate Editor||February 13, 2017
    Cargo Cosmetics has rolled out its new Spring/Summer collection with Hawiianan singer Anuhea.

  • Cashing In on Coconuts

    Cashing In on Coconuts

    Melissa Meisel, Associate Editor||February 6, 2017
    Organic to Green is making waves for its new oils and eco-friendly packaging.

  • Trade Association Directory 2017

    February 2, 2017
    Contact details of trade associations that serve various segments of our industry and are mentioned frequently in Happi.

  • What the Halal  Is Going On?

    What the Halal Is Going On?

    Imogen Matthews , In-Cosmetics||February 2, 2017
    Demand for these beauty products is surging thanks to a fastgrowing Muslim population.

  • Relief for Sensitive Scalps

    Relief for Sensitive Scalps

    Guadalupe Pellon and Annette Mehling , BASF||February 2, 2017
    BASF researchers detail the attributes of the company’s highly effective hair care system focusing on scalp sensitivity.