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Household and Personal Products

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  • Douglas nears sale of jewellery retailer Christ - sources Thursday, 11 Sep 2014 | 10:45 AM ET

    FRANKFURT, Sept 11- German books-to-cosmetics retailer Douglas has asked for second-round bids for its Christ jewellery arm in a potential deal worth more than 400 million euros, two sources familiar with the deal said. By comparison, listed peer Signet Jewelers, which is not vying for the asset, trades at a multiple of 11.7 times its expected operating earnings.

  • Food prices hit 4-year low, Russia ban hurts Thursday, 11 Sep 2014 | 8:20 AM ET

    The UN food price index has dipped to a four-year low as good weather has resulted in an oversupply of cereals and dairy imports have slowed.

  • Carlsberg warns on profits over Russia hit Wednesday, 20 Aug 2014 | 12:05 PM ET
    A Carlsberg advertisement

    Carlsberg, the Danish brewer, became one of the first major European companies to warn over the impact of the Ukrainian crisis.

  • Aug 19- Elizabeth Arden Inc reported the biggest quarterly loss in its history due to a steeper-than-anticipated fall in sales of celebrity perfumes, particularly Justin Bieber and Taylor Swift brands.

  • Aug 19- Elizabeth Arden Inc reported a wider loss due to a steeper-than-anticipated fall in sales of celebrity perfumes, particularly Justin Bieber and Taylor Swift brands. The net loss attributable to Elizabeth Arden widened to $155.9 million, or $5.24 per share, in the fourth quarter ended June 30, from $5.0 million, or 17 cents per share, a year earlier.

  • P&G eyes Duracell, Braun in sweeping brand culling Monday, 18 Aug 2014 | 11:14 AM ET
    Procter & Gamble corporate headquarters in downtown Cincinnati.

    P&G is working with advisers to review up to 100 underperforming brands for potential divestiture.

  • Aug 15- Estee Lauder Cos Inc's quarterly profit doubled, helped by strong demand for new skincare and makeup products and as retailers brought forward orders ahead of a planned technology upgrade. Estee Lauder's sales have been growing faster than those of the overall cosmetics industry and of rivals such as L'Oreal SA, Elizabeth Arden Inc and Coty Inc..

  • Aug 15- Estee Lauder Cos Inc's quarterly profit more than doubled due to strong demand for its skincare and makeup products, including those under Clinique and MAC brands. Net income attributable to the company rose to $257.7 million, or 66 cents per share, in the fourth quarter ended June 30 from $94 million, or 22 cents per share, a year earlier.

  • Betting on boomers, P&G enters a new market Friday, 8 Aug 2014 | 2:44 PM ET
    P&G to turn focus to adult diapers as birth rate slows.

    Procter & Gamble is getting into the fastest-growing household products business. Give up? It's adult diapers.

  • FRANKFURT, Aug 7- Nivea skin cream maker Beiersdorf reported lower-than- expected quarterly results and struck a slightly more cautious approach for its full year outlook as growth in once promising emerging markets stuttered.

  • Avon profit falls 40 pct Thursday, 31 Jul 2014 | 7:23 AM ET

    July 31- Avon Products Inc, a direct seller of beauty products, reported a 40 percent fall in quarterly profit as sales were hurt by increased competition in key markets such as Latin America and the United States.

  • *Keeps full-year adj profit forecast of $7- $7.25/ share. July 30- Energizer Holdings Inc said it intends to spin off by next July its struggling household products business, which includes Energizer and Eveready batteries.

  • Cupcake shop Crumbs shuttering all its stores Tuesday, 8 Jul 2014 | 4:07 AM ET
    A selection of cupcakes is seen at Crumbs Bake Shop.

    Crumbs says it is shuttering all its stores, a week after the struggling cupcake shop operator was delisted from the Nasdaq.

  • PARIS, July 7- Seaweed may not be the first ingredient that springs to mind for perfume. The global high end perfume industry, generating $25 billion in annual sales, is readying itself for EU regulations that will come into force in early 2015..

  • WASHINGTON, June 30- Cosmetics maker L'Oreal USA has agreed to settle U.S. complaints that its advertisements for skin care products Lancome Genifique and L'Oreal Paris Youth Code were deceptive, the Federal Trade Commission said on Monday.

  • WASHINGTON, June 30- Cosmetics maker L'Oreal USA, a subsidiary of L'Oreal SA, has agreed to settle U.S. complaints that advertisements for its skin care products Lancome Genifique and L'Oreal Paris Youth Code were deceptive, the Federal Trade Commission said on Monday.

  • Cereal industry ponders future as appetites change Saturday, 28 Jun 2014 | 7:00 AM ET

    Here are three ways Americans are taking a different approach to breakfast. Who may be the winners and losers of the shift?

  • *LG Household says no longer considering Elizabeth Arden purchase. *Elizabeth Arden announced restructuring efforts this week.

  • June 24- Cosmetics company Elizabeth Arden Inc said it would exit low-return businesses and brands to improve gross margins and profitability, disappointing investors who had hoped for a sale of the company.

  • June 23- Cosmetics maker Avon Products Inc said it would cut about 600 jobs, including in its North America unit, as the company struggles to return to profit. The company is struggling to turn around its fortunes after a host of problems in key markets such as Russia, Latin America and the United States hurt profits.