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...» Read More
PARIS, Dec 14- The first thing one sees on entering Guerlain's perfume shop in Paris' Champs Elysees is the French brand's exclusive collection- Les Parisiennes- which costs 200 euros a bottle and is sold only in a few dozen shops around the world. Niche brands take up increasingly more shelf space at upmarket department stores such as Harrods in London, Printemps...
Mad Money host Jim Cramer explains why he believes Ulta's growth is sustainable.
LONDON, Dec 4- Anglo-Dutch consumer goods company Unilever is on the hunt to acquire higher-end personal care brands, its chief executive said on Thursday. Speaking at an investor meeting, CEO Paul Polman also said that high valuations in the industry would not be a deterrent for the right deal. "We continue to look at opportunities to bring our personal care...
William Lauder, Estee Lauder executive chairman, discusses what he is seeing consumers buying around the globe, and growth in its online business.
William Lauder, Estee Lauder executive chairman explains to "Squawk Box's" Joe Kernen how to take better care of his skin.
William Lauder, Estee Lauder executive chairman, talks about the social media power of the company's new face.
Happy "Movember!" Shaving company Harry's is the official shave partner for The Movember Foundation. Its co-founders and co-CEOs Andy Katz-Mayfield, and Jeff Raider, speak to "Squawk Box" about its new products.
Nov 7- Estee Lauder Cos Inc bought French luxury perfume brand Editions de Parfums Frédéric Malle, its third acquisition in less than a month as the company looks to boost its portfolio of high-end luxury perfumes and skin care brands. The Frédéric Malle fragrances, which cost upwards of $150, are sold through five standalone stores in Paris and New York.
Oct 30- Beauty products maker Elizabeth Arden Inc posted its third straight quarterly loss, largely due to its large exposure to perfumes, a category that has seen weak demand in North America. Elizabeth Arden had announced an annual cost saving target of $40- $50 million and the company said it had made significant overhead cost reduction during the first...
Oct 30- Beauty products maker Elizabeth Arden Inc reported a quarterly loss for the third time in a row as sales of perfumes, its largest business, continued to decline. The U.S. cosmetics maker, which has been struggling with weak sales for the past year, said revenue from its North American business fell 23 percent due to weak demand for celebrity fragrances and...
Oct 30- Beauty products maker Elizabeth Arden Inc posted a quarterly loss for the third time in a row as sales fell by more than a fifth. The net loss attributable to shareholders was $25.4 million, or $1.54 per share, in the first quarter ended Sept. 30, down from a net profit of $1.7 million, or 6 cents per share, a year earlier. Revenue fell 21.3 percent to $270.4 million...
CNBC consumer reporter, Kelli Grant, gives viewers tips on how to turn your junk in to cold, hard cash.
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.
Kasper Rorsted, Henkel CEO, provides his views on the state of the global economy and Europe's economic recovery.
Dollar Shave Club founder & CEO Mike Dubin wants to "own the bathroom." Dubin discusses his company's new "One Wipe Charlie" product.
Howard Stern was right: Wet wipes may be the next big thing in male grooming. Dollar Shave Club introduces a toilet paper alternative.
Herbalife earnings beat expectations for a 17th straight quarter but its second-quarter outlook fell short.
The president of Shiseido will resign and be replaced by the company's chairman after a two-year stint that saw profits suffer, the Japanese cosmetics maker said on Monday.
Caroline Neville, president of Cosmetic Executive Women, says the British 'kit and caboodle' industry employs 1 million people, and urges British cosmetic brands to capitalize on exports to emerging markets.
A move by China's Ping An Bank to ban its regional branches from approving mortgages may signal that Beijing is set to tighten controls on the property market to calm prices.