Oct 21- Kleenex and Huggies maker Kimberly-Clark Corp said it would cut 1,100 to 1,300 jobs as it focuses on emerging markets after the spinoff of its U.S.-based healthcare business. The company also cut its full-year profit forecast to reflect costs associated with the spinoff, while reporting better-than-expected quarterly revenue on strong demand in...» Read More
*Coty agrees to buy Bourjois from Chanel. *To pay for Bourjois with 15 Class A Coty shares. PARIS, Oct 7- US cosmetics group Coty said on Tuesday it had made a binding offer to buy French make-up brand Bourjois from Chanel and give the family-owned French luxury company a stake in Coty worth an estimated $240 million.
Sept 29- Perfume and cosmetics maker Coty Inc said Chief Executive Michele Scannavini had stepped down for personal reasons, sending the company's shares down as much as 3 percent.
CARACAS, Sept 26- Venezuela's famed models and aspiring beauty queens are struggling to doll themselves up as shortages turn eye shadow and breast implants into coveted luxuries. "I exhaust myself visiting pharmacies, I look everywhere for makeup," said Ileanne Davila, a 19 year-old civil engineering student and model.
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.
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.
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.
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.