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.» Read More
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.
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.
CNBC consumer reporter, Kelli Grant, gives viewers tips on how to turn your junk in to cold, hard cash.
*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.
May 14- Perfume and cosmetics maker Coty Inc reported a quarterly loss, compared with a profit a year earlier, hurt by a charge related to its skin and body care business in China. Coty reported a net loss of $253.3 million, or 66 cents per share, in the third quarter ended March 31, compared with a profit of $20.4 million, or 5 cents per share, a year earlier.
U.S. cosmetics company Elizabeth Arden Inc said it is evaluating strategic alternatives, sending its shares down 16 percent after the bell.
May 12- U.S. cosmetics company Elizabeth Arden Inc reported a 20 percent decline in quarterly revenue, hurt by weak sales in its North American perfume business. Sales in North America fell 23 percent to $121.9 million in the third quarter.
May 2- Estee Lauder Cos Inc, known for its Clinique and MAC brands, raised its earnings forecast for the full year, driven by the launch of new skin care and makeup products. Estee Lauder said it expects global prestige beauty, to which the company belongs, to grow about 3 to 4 percent in 2014..
May 2- Estee Lauder Cos Inc reported a better-than-expected third-quarter adjusted profit as demand for its skincare products and prestige beauty brands rose globally.