The 2 area of interest perfume manufacturers underneath the Sprecher Berrier Group of Corporations, which was acquired by Creation Worldwide in 2023, reported sturdy development for the monetary 12 months ending March 31. The 2-house group — Parfums de Marly and Initio Parfums Privés—data a 41% development and claims retail gross sales reaching USD 775 […]
THE WHAT? L’Oréal reported a 3.5% rise in first-quarter like-for-like gross sales, supported by sturdy European demand for skincare and perfume, regardless of a decline in North American income. THE DETAILS Gross sales reached €11.7 billion (US$13.3 billion) for the three months ending March 2025. Development was boosted by a 2-point profit from early shipments […]
French cosmetics large L’Oréal introduced on Thursday, April 17, a 4.4% improve in gross sales to 11.73 billion euros (13.34 billion US {dollars}) within the first quarter, regardless of a “harder than anticipated” market in the US, amid inflation and rising customs duties imposed by Donald Trump. “In what has been a very difficult and […]
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 WHAT? Procter & Gamble has been recognized because the unnamed firm focused in an EU antitrust probe into suspected restrictions on cross-border gross sales of private care merchandise throughout the European single market, in keeping with a report in Bloomberg. THE DETAILS The European Fee is investigating whether or not P&G segmented the sale […]
Givaudan, the Swiss perfume and taste maker, posted larger Q1 gross sales on Thursday, March 10, fueled by effective fragrances, and plans to extend costs to offset larger prices corresponding to customs duties. The group, which designs fragrances for main world fragrance manufacturers, says it’s “extremely prone to exceed the higher finish” of its 2021-2025 […]
THE WHAT? Walgreens Boots Alliance has introduced its outcomes for the second quarter of fiscal 2025. The drug retailer conglomerate stated that gross sales elevated 4.1 p.c year-on-year to US$38.6 billion and loss per share narrowed to US$3.30 in comparison with US$6.85 within the year-ago quarter. THE DETAILS Nevertheless, adjusted EPS was US$0.63 in comparison […]
Amazon has turn out to be an more and more dominant participant within the skincare market, with gross sales within the class seeing vital progress. In keeping with Emily Safian-Demers, Director of Insights at e-commerce and advertising company Entrance Row, searches for “skincare” in Amazon’s magnificence class rose by 339% over the previous two years, […]
On Thursday, March 13, Showroomprivé (SRP Groupe) introduced a web lack of almost EUR 40 million for 2024, primarily as a consequence of a “a revaluation of the acquisition debt of The Bradery,” one of many group’s three platforms. Showroomprivé, which reported a web revenue of EUR 500,000 the earlier yr, said that excluding this […]
THE WHAT? Beiersdorf has introduced its outcomes for fiscal 2024. The group reported gross sales of €9.9 billion – an all-time excessive – up 6.5 % on the prior yr in natural phrases. The producer of Nivea mentioned that its Client unit was the principle gross sales driver with €8.2 billion in gross sales, an […]