HAVANA— Lugging duffel bags crammed with soap, socks, toys and other hard-to-obtain consumer goods, travelers arriving in Cuba on Monday complained that new government restrictions on their imports would leave their families wanting.» Read More
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.
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.
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.
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.
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.
June 23- Cosmetics maker Avon Products Inc said it would cut about 600 jobs, including in its North America unit, as the company tries to return to profit. Avon said it would take a pretax charge of $45 million- $50 million, of which $40 million was expected to be recorded in the second quarter.
PARIS, May 23- The $31 billion- a-year perfume industry is bracing itself for tighter EU regulations to be adopted by the end of the year that will include ingredient bans and labelling requirements aimed at protecting consumers from allergies.
May 16- Shares of Jumei International Holding Ltd rose about 29 percent in their market debut, valuing the Chinese online cosmetics retailer at about $4.02 billion. The company, backed by venture-capital firm Sequoia Capital, had initially said 9.5 million ADSs would be sold and priced at $19.50- $21.50 per ADS in the IPO.
May 16- Shares of Jumei International Holding Ltd rose about 26 percent in their market debut, valuing the Chinese online cosmetics retailer at about $4.02 billion. The company, backed by venture-capital firm Sequoia Capital, had initially said 9.5 million ADSs would be sold and priced at $19.50- $21.50 per share in the IPO.
May 14- Perfume and cosmetics maker Coty Inc reported a better-than-expected adjusted profit, helped by growth in its fragrance and skincare business, primarily in Europe and emerging markets.