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Household and Personal Products

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  • Procter & Gamble hit by strong dollar in third quarter Thursday, 23 Apr 2015 | 7:25 AM ET

    NEW YORK— Procter& Gamble took a hit from the strong dollar, like almost all U.S. companies with business overseas, pushing third-quarter revenue below expectations. Procter& Gamble Co., which makes everything from Gillette razors to Crest toothpaste, earned $2.15 billion, or 75 cents per share for the period ended March 31. Revenue for the Cincinnati company...

  • April 23- Procter& Gamble Co's sales fell for the fifth quarter in a row, hurt by a stronger dollar and lower demand for its beauty, hair and personal care products. Net income attributable to P&G fell to $2.15 billion, or 75 cents per share, in the third quarter ended March 31, from $2.61 billion, or 90 cents per share, a year earlier. The world's largest household products...

  • April 21- Kimberly-Clark Corp reported better-than-expected quarterly profit as it cut costs and raised prices for its personal care products, such as Huggies diapers and Poise and Depend adult diapers. Kimberly-Clark also benefited from cost savings of $10 million due to a restructuring program started in 2014.. Net income attributable to...

  • KMB CEO: Very solid quarter, big beat outside US   Tuesday, 21 Apr 2015 | 7:33 AM ET
    KMB CEO: Very solid quarter, big beat outside US

    Thomas Falk, Kimberly-Clark CEO, breaks down the company's quarterly numbers, and weighs in on how a strong U.S. dollar and consumer buying are impacting sales.

  • Kimberly-Clark's quarterly sales fall 4 pct Tuesday, 21 Apr 2015 | 7:20 AM ET

    April 21- Kimberly-Clark Corp reported a 4 percent fall in quarterly sales as demand for personal care products such as Huggies diapers fell for the third straight quarter in North America and a strong dollar hurt sales in other markets. Net income attributable to Kimberly-Clark fell to $468 million, or $1.27 per share, in the first quarter ended March 31 from...

  • PARIS, April 20- L'Oreal said on Monday the market for mass beauty products in western Europe had slowed in the early part of the year but was still growing moderately in North America as it posted a 14.1 percent rise in first-quarter sales. The maker of Garnier shampoo and Maybelline, whose figures broadly met expectations, received a boost from the weak euro and...

  • PARIS, April 20- L'Oreal posted a 14.1 percent rise in first-quarter sales on Monday, helped by the weak euro and resilient demand for luxury goods products such as Yves Saint Laurent's Black Opium perfume. The maker of Garnier shampoo and Maybelline make-up said the market for mass consumer goods had declined slightly in Western Europe but was still growing...

  • L'Oreal reports higher first quarter sales Monday, 20 Apr 2015 | 12:48 PM ET

    PARIS— French cosmetics giant L'Oreal says it pulled in 6.44 billion euros in sales in the first quarter, 14 percent higher than a year earlier thanks to double-digit growth across its range of high-end and mass-market beauty products. The maker of Maybelline mascara and Garnier hair care products says its sales for the January-March quarter were lifted by a...

  • NEW YORK— Beauty products company Coty Inc. named Elio Leoni-Sceti as its new CEO. Leoni-Sceti, 49, will join Coty on July 1. With headquarters in New York, Coty makes fragrances for fashion brands and celebrities, including Calvin Klein, Beyonce and Vera Wang.

  • LONDON, April 16- Unilever chief financial officer narrowed the consumer goods giant's sales growth goal on Thursday after a strong start to the year, helped by an early Easter holiday and a better-than-expected performance in China. The maker of Dove soap and Ben& Jerry's ice cream said in January it expected full-year sales growth of about 2 to 4 percent.

  • Tech turns tasty with printed pancakes Friday, 27 Mar 2015 | 10:20 AM ET

    Meet the PancakeBot: the world’s first pancake printer that allows you to design your own pancakes, print them in different colors and then eat them.

  • March 16- Procter& Gamble Co is exploring a sale or initial public offering of some of its beauty brands in a single deal, Bloomberg reported, citing people with knowledge of the matter. The maker of Pantene shampoo and Olay skin care is working on the plan with its advisers, but has not finalized details, including which products will be sold, Bloomberg said.

  • FRANKFURT, March 10- German fragrance and flavours maker Symrise posted a better-than-expected 46 percent rise in quarterly core earnings, helped by the takeover of pet food flavouring company Diana and a return to sales growth at its Scent and Care unit. Baader Bank analyst Andreas von Arx pointed to a rebound at the scents and care unit, a maker of perfumes and...

  • Lauder: This is the secret to cosmetics success Wednesday, 4 Mar 2015 | 11:41 AM ET
    William Lauder

    The shopping habits of women are changing, and cosmetics companies need to change with them, William Lauder tells CNBC.

  • Beauty-in-a-box service Glossybox says moves into profit Saturday, 21 Feb 2015 | 11:54 AM ET

    The Berlin- based company, backed by Germany's Rocket Internet and inspired by rival New York- based cosmetics-in-a-box firm Birchbox, said its customer base grew 25 percent in 2014, despite cutting marketing costs by 33 percent. It now focuses on 10 markets including Germany, France, Britain and the United States and has begun hiring again after making...

  • Don't underestimate the power of Hispanic shoppers Friday, 20 Feb 2015 | 9:00 AM ET
    Woman applying makeup

    Sales growth from Hispanic consumers significantly outpaced that of Non-Hispanic shoppers across every beauty segment.

  • PARIS, Feb 13- French cosmetics giant L'Oreal on Friday said it expected the weak euro and slump in oil prices to boost consumption in many regions such as Western Europe and help it increase profits substantially this year. The maker of Lancome cream and Yves Saint Laurent perfume said sales in Western Europe, where it made a third of revenue, enjoyed their...

  • British tastebuds caught in crossfire of chocolate war Saturday, 7 Feb 2015 | 1:55 AM ET

    Brits living in the U.S. now have to settle for American versions of chocolate after the confectionery giant Hershey forced two companies to stop importing UK-made versions. The FT reports.

  • Feb 5- Elizabeth Arden Inc reported a bigger-than-expected 20 percent drop in quarterly revenue, citing lower sales of its celebrity fragrances and changes to the way its beauty products are distributed in China. Elizabeth Arden said a decline in sales of its celebrity fragrances, which include the Taylor Swift, Justin Bieber and Nicki Minaj brands, would...

  • Elizabeth Arden quarterly revenue falls 20 pct Thursday, 5 Feb 2015 | 4:19 PM ET

    Feb 5- Beauty products maker Elizabeth Arden Inc reported a 20 percent drop in quarterly revenue due partly to a decline in the popularity of its celebrity fragrances. Net loss attributable to Elizabeth Arden's shareholders was $56.8 million, or $1.90 per share, for the second quarter ended Dec. 31, versus a profit of $35.0 million, or $1.16 per share, a year earlier.