THE WHAT? PZ Cussons has agreed to promote its 50% fairness stake in Nigerian three way partnership PZ Wilmar to Wilmar Worldwide for US$70 million, with the transaction anticipated to finish within the ultimate quarter of 2025, topic to regulatory approvals. Internet proceeds after taxes and charges are anticipated to be roughly US$64 million. The […]
THE WHAT? Ulta Magnificence has reported first-quarter fiscal 2025 outcomes exhibiting a 4.5% rise in web gross sales to US$2.85 billion and a 2.9% elevate in comparable gross sales, pushed by increased common ticket sizes and regular transaction development. Web revenue got here in at US$305.1 million, delivering diluted earnings per share of US$6.70, beating […]
THE WHAT? Douglas Group, Europe’s main omnichannel premium magnificence retailer, posted a combined Q2 2024/25 efficiency, with sturdy development in Central and Japanese Europe offsetting declines in key Western European markets, whereas the corporate reaffirmed its full-year outlook and rolled out new initiatives in assortment and buyer engagement. THE DETAILS Group gross sales for Q2 […]
THE WHAT? Beiersdorf has introduced its outcomes for the primary quarter of fiscal 2025. The German producer of Nivea stated that group gross sales rose 3.6 % in natural phrases to €2.7 billion. The Client Enterprise Section generated gross sales of €2.3 billion, up 2.3 %, pushed by a powerful efficiency by its Derma division. […]
The US Meals and Drug Administration (FDA) has issued up to date steerage titled Steering for Trade: Registration and Itemizing of Beauty Product Services and Merchandise. The replace affords clarifications for producers and suppliers within the cosmetics business, guaranteeing compliance with regulatory necessities underneath the Modernization of Cosmetics Regulation Act of 2022 (MoCRA). This newest […]
THE WHAT? Macy’s Inc has reported its outcomes for the third quarter of fiscal 2024. The division retailer group disclosed adjusted diluted earnings per share of US$0.04, exceeding prior steering and, whereas internet gross sales dropped 2.4 p.c to US$4.7 billion, Macy’s First 50 areas, Bloomingdale’s and Bluemercury all delivered gross sales good points. THE […]