Cosmetics

Consumer products impact L'Oréal turnover growth

French cosmetics giant L'Oréal has managed to create a small turnover growth of 1.8 % in 2014, while its net profit grew spectacularly - helped by the sale of the Galderma laboratories to Nestlé.

Estée Lauder surpasses second quarter forecast

Cosmetics company Estée Lauder has managed a higher second quarter turnover increase than previously expected. A higher demand for its skin care products helped boost its turnover.

Shiseido presents exceptional profit numbers

Japanese cosmetics firm Shisheido has announced a 3.8 % turnover growth in its first three quarters of the current fiscal year. In the April-December period, the company managed a 555.8 billion yen (4.2 billion euro) turnover.

Procter & Gamble hurt by strong dollar

A strong dollar has hit Procter & Gamble quite hard in its fourth quarter, weakening both its turnover and profit.

Ivan de Jonghe is Henkel Benelux's new president

German Henkel, which owns brands like Fa, Persil and Pritt, has appointed Ivan de Jonghe as its new Benelux president. He will also become the Beauty Care retail division's general manager in lieu of Eric Dumez, who will move to Henkel's main office in Düsseldorf where he will become the vice president of human resources beauty care.

Boobs-’n-Burps expands into France

Boobs-’n-Burps, a Belgian chain of breast-feeding stores, has acquired its French competitor mamaNANA. Although mamaNANA currently only has a web shop, Boobs-’n-Burps is considering adding physical stores to its French presence.

Medi-Market opens first Belgian (para)pharmaceutical supermarket

Medi-Market has opened its first (para)pharmaceutical supermarket, with some 7,000 healthcare, cosmetics and skincare products in the Belgian city Charleroi.

Douglas enables perfume purchase from tv commercial

Perfumery chain Douglas has launched a German ad, which will run until the end of the year and which lets customers order the product instantly.

Forever Flawless arrives in Antwerp

American luxury cosmetics brand Forever Flawless has opened its second Belgian store, in Antwerp. Ladies visit the shop to try out new things, but also go to a VIP room for beauty treatments.

Henkel has excellent third quarter

German Henkel, which owns brands like Persil and Schwarzkopf, has had an organic 2.3 % turnover growth in its third quarter. The growth was fueled by the emerging markets, where turnover even went 6.7 % higher.

Beiersdorf confirms 2014 forecast

German Beiersdorf's shares have been given a tremendous boost after Nivea's German parent company had revealed that it will probably reach its 2014 forecast. 

Sephora aims to open 100 new stores per year

French cosmetics chain Sephora aims to open some 100 new stores per year for the next 5 years. That way, it hopes to achieve its ambition of a 10 % average turnover increase.

Chanel sells cosmetics brand Bourjois to Coty

French luxury group Chanel will sell its cosmetics brand Bourjois to perfume manufacturer Coty in return for 4.2 % of the American company's shares. In total, Chanel will get 15 million shares, which means Bourjois is valued at 190 million euro.

Largest Lush store on Oxford Street

Cosmetics firm Lush has rented an 880 sqm store on Oxford Street (London) and it will become Lush's largest store in its 20-year history.

Liz Bennett no longer with Lush

It has been revealed that Liz Bennett, co-founder of Lush, had left the company in May. She pulled out of the company that has become known for its hand-made cosmetics.

Worst quarter ever for Elizabeth Arden

American cosmetics group Elizabeth Arden has finally found a new investor, which was needed after a record dive in turnover in its last quarter. In the past quarter, it has to deal with a 145 million dollar loss.

Another excellent year for cosmetics giant Estée Lauder

American cosmetics giant Estée Lauder has had another excellent year, with both net profit and turnover going up. Its fourth quarter broke every record, its New York main office said.

Ecover changes product design

Belgian Ecover has changed the design of its entire product range to improve visibility and to create more turnover with environmentally conscious consumers.

Beiersdorf turnover growth in first half of 2014

Beiersdorf, the company which owns Nivea among others, managed a 5 % turnover growth in the first half of 2014 with its largest growth in Africa, Asia and Australia.

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