UK: Reckitt Benckiser sees full year growth and margin expansion
Health, hygiene and household care producer Reckitt Benckiser (RB) has posted growth and margin expansion in full year 2015, according to its recently disclosed financial reports. RB’s total revenues rose to £8.874 billion ($12.684 billion), with organic growth up 6% on full year 2014. The company claims its gross margin increased by +140bps to 59.1% […]
India: Godrej acquires majority stake in Canon Chemicals
Godrej, one of India’s leading home and personal care companies, has announced plans to expand into new African markets with the acquisition of a majority stake in Kenya-based Canon Chemicals. Canon Chemicals manufactures and distributes products in the personal and home care categories. Its major brand is Valon, a petroleum jelly, although the company is also […]
Brazil: Hypermarcas sells contraceptive brands to Reckitt Benckiser
Pharmaceutical and consumer products manufacturer Hypermarcas has announced the sale of its condoms division to the British household and personal care group Reckitt Benckiser for R$675 million ($173 million), according to a Reuters report. Hypermarcas’ condoms division is comprised by the brands Jontex, Olla and Lovetex which together in 2014 represented 2% of the company’s […]
UK: Unilever turnover up 10% in 2015
FMCG Unilever posted a turnover increase of 10% in 2015, according to the company’s latest full year financial statements. Total sales for the year rose to €53.3 billion including a positive currency impact of 5.9%. The company also reported underlying sales growth of 4.1% “ahead of our markets”, with volume up by 2.1% and value up by 1.9%. […]
South Korea: Too Cool For School introduces mascara with adjustable brush
Too Cool for School, a cosmetics manufacturer based in Seoul, South Korea, has recently rolled out a new “transforming” mascara under the brand Dinoplatz Twisty Tail. The new product is described as featuring an adjustable dial that allows consumers to customize the brush to the desired angle in a choice of three positions. When the […]
Germany: Beiersdorf sees sales growth of 3% in 2015
Health & beauty firm Beiersdorf announced that it posted organic group sales growth of 3% in 2015, as it released its latest annual financial statements. Announcing that it had “continued on its profitable growth path in 2015 in a challenging market environment”, the firm said that, in nominal terms, sales rose by 6.4% from €6.285 […]
India: Dabur set to launch new ayurvedic products
With Patanjali Ayurveda aggressively launching new products in the ayurveda and natural beauty segment, leading FMCG firm Dabur India is set to launch new ayurvedic products of its own in order to counter the increased competition and maintain its market share. The ayurvedic and natural beauty segment has been the focus of significant NPD activity […]
UK: Real Good Food buys sport supplements brand ISO2 Nutrition
Bakery and baking aids manufacturer Real Good Food has bought ISO2 Nutrition from the administrators of Cre-8tive Health Ltd for a nominal amount, according to an article in New Food Magazine. ISO2 Nutrition, one of the main suppliers within the British sports supplements market, has a portfolio of bodybuilding supplements, whey protein and sports nutrition products, which […]
Germany: Rossmann could open up to 500 new stores
Health & beauty retailer Rossmann could be set to open up to 500 new locations in Germany, according to an article in Die Welt, taking the number of stores in the company’s network to as many as 2,000. The new openings would reportedly be mostly in southern Germany, where the retailer does not currently have […]
South Korea: Etude House introduces lip tint ‘pudding’
Leading Korean cosmetics firm Etude House has released a lip tint ‘pudding’ under the Snowy Dessert brand as a part of its 2015 Holiday Collection line. According to a report in Daily Cosmetic, the product packaging comes in the form of a mini ‘cake box’ emphasising its design concept, and with a texture that replicates […]