Personal Products


  • Feb 13- Avon Products Inc said on Thursday it may cost as much as $132 million to settle a U.S. bribery investigation into the beauty products company's efforts to develop new markets overseas.

  • Feb 5- Beauty products company Estee Lauder Cos Inc forecast current-quarter profit below analysts' estimate, citing weak demand in European countries and South Korea and slowing growth in China. New York- based Estee Lauder forecast third-quarter sales growth of 10-11 percent, which translates to about $2.52 billion- $2.54 billion.

  • PARIS, Jan 30- LVMH, the world's biggest luxury group, posted an 8 percent rise in like-for-like full-year sales on Thursday as buoyant duty-free and cosmetics revenue helped offset lower demand for cognac in China and Louis Vuitton handbags.

  • The company's shares were down 6 percent at $96.45 on the New York Stock Exchange on Wednesday. "The organic sales decline in personal care was unexpected," BMO Capital Markets analyst Connie Maneaty said.

  • Elizabeth Arden: Lack of deep discounts hurt us Thursday, 16 Jan 2014 | 5:37 PM ET

    Beauty products maker Elizabeth Arden estimated quarterly results below analysts' expectations, after sales were hurt by its refusal to discount goods

  • *Optimistic for growth in Latin America, Germany, Spain. BERLIN, Jan 16- Spanish fashion label Desigual is accelerating its expansion in Europe and emerging markets, seeking to ride predictions of fast growth in women's apparel while also taking the colourful brand into new areas like perfume and shoes.

  • Nu Skin shares shed 16% after China attack Wednesday, 15 Jan 2014 | 3:11 PM ET
    Nu Skin's Chinese website

    Nu Skin shares are getting shellacked after the People's Daily in China ran a report suggesting the company is running an illegal pyramid scheme.

  • L'Oreal ends Garnier sales in China amid slowdown Wednesday, 8 Jan 2014 | 2:48 AM ET

    SHANGHAI, Jan 8- French cosmetics giant L'Oreal SA has halted sales of Garnier beauty products in China to focus on other brands, a week after U.S. rival Revlon Inc pulled out completely from the slowing China market.

  • UPDATE 1-Cosmetics maker Revlon to exit China Tuesday, 31 Dec 2013 | 12:06 PM ET

    Dec 31- Revlon Inc said it would exit China, where sales of its cosmetics have been falling, and cut more than 1,000 jobs as part of a restructuring designed to save about $11 million a year. Revlon, owner of the Almay cosmetics brand and Sinful Colors nail polish, said in a filing that its Chinese operations accounted for about 2 percent of total net sales.

  • Cosmetics maker Revlon to exit China Tuesday, 31 Dec 2013 | 6:54 AM ET

    Dec 31- Cosmetics maker Revlon Inc, known for its Almay and Sinful Colors brands, said it would exit its China operations as part of a restructuring that would save about $11 million annually. Sales from China, which had declined in 2012, accounted for about 2 percent of Revlon's total net sales.

  • WASHINGTON, Dec 20- Cars, cosmetics, information technology and medicines are among the industries earmarked for potential gains in trade talks between the European Union and the United States, negotiators said on Friday.

  • Luxury brands step up battle for travelling shoppers Wednesday, 18 Dec 2013 | 12:56 PM ET

    *Chanel, Hermes, Gucci investing in new airport boutiques. The French luxury brand, the world's second-biggest behind Louis Vuitton by sales, has boutiques in four Asian airports and one at London's Heathrow, and next year will open a boutique in Paris Roissy Charles de Gaulle airport and another in Dubai.

  • LONDON, Dec 5- Consumer products giant Unilever Plc aims to cut the number of individual products it sells by 30 percent by the end of 2014 to become more efficient and navigate a global economic slowdown it admits it was slow to confront.

  • PARIS, Nov 21- French cosmetics giant L'Oreal has created a new travel retail division to make the most of a 17- billion-euro market that is booming as a new, moneyed middle class emerges from China to Brazil.

  • Glitzy Dubai eyes profit in setting Islamic standards Tuesday, 19 Nov 2013 | 11:00 PM ET

    *Dubai mounts drive to profit from setting standards. DUBAI, Nov 20- From cosmetics to accommodation, travel to toothpaste, complying with religious principles is becoming big business in the Muslim world, and Dubai, better known for flamboyance and unrestrained consumerism than Islamic scholarship, sees an opportunity.

  • *Marc Jacobs, Michael Kors not planning on going into skin care. PARIS, Nov 18- Burberry is the latest luxury brand to eye the 28- billion-euro global skin care market but despite potentially rich pickings in Asia it faces an uphill struggle to win customer trust in a crowded market.

  • FRANKFURT/ NEW YORK, Nov 15- U.S. packaging companies Berry Plastics Group Inc and Silgan Holding Inc as well as German peer Gerresheimer are competing to buy the healthcare packaging unit of Rexam in a deal expected to fetch a little less than $1 billion, people familiar with the matter said.

  • SHANGHAI/ HONG KONG, Nov 13- China is considering a rule change that would allow the sale of some cosmetics without requiring them to be tested on animals, opening up a potential route into the Chinese market for international firms opposed to the practice.

  • Nov 7- Perfume and cosmetics maker Coty Inc reported lower-than-expected quarterly results, hurt by weak demand for its fragrances and nail products in the United States, and said it expected this trend to continue in the key holiday season.

  • Coty's quarterly revenue falls as U.S. sales stay weak Thursday, 7 Nov 2013 | 6:20 AM ET

    Nov 7- Perfume and cosmetics maker Coty Inc reported a 2.9 percent fall in quarterly sales, hurt by weak demand for its fragrance and nail products in the United States. Net income attributable to Coty rose to $93.5 million, or 24 cents per share, in the first quarter ended Sept. 30 from $86.7 million, or 22 cents per share, a year earlier.

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