Look Ahead: Dino Tavazzi, Cosmoprof 2015
Gama spoke to Dino Tavazzi, CEO of Cosmoprof, ahead of the global beauty care event in Bologna. What key trends do you expect to beauty care innovation in 2015? A good many companies at Cosmoprof Worldwide Bologna, whether focused on male or female beauty care, are paying attention to the sustainability agenda, in line with […]
South Korea: LG Household & Health Care Ltd. looks to invest 1 trillion won in M&A
LG Household & Health Care Ltd., one of South Korea’s leading cosmetics firms, has announced plans to invest up to around 1 trillion won ($963 million) in M&A over the next five years. Commenting on the plans, a company spokesman said: “M&A is our fundamental growth strategy, helping us strengthen our competitiveness as well as […]
Denmark: Gosh to launch spring / summer nail varnish shades
Denmark based make-up and body care company Gosh Cosmetics is reportedly launching new nail varnish shades for the spring-summer season 2015. The new nail varnish range is claimed to be suitable for all skin tones and nail styles. The seven new shades, specially designed for the warmer months, are named Snow White, Sea Foam, Sunkissed, […]
Switzerland: Nestle reports organic growth in 2014
Switzerland-based multinational Nestle has released its financial statement for 2014, showing an increase in organic sales over the prior year period. Nestle said that total sales of CHF 91.6 billion ($96.9 billion) for the year represented 4.5% organic growth and 2.3% real internal growth over 2013, despite an actual fall of 0.6% due to negative […]
Asia: Procter & Gamble introduces eye care product based on ‘magnetism’
FMCG multinational P&G is launching a new eye care product for the East Asian market, according to media reports. Released as part of the the premium SK-II skincare line called. the product features a special applicator called a ‘magnetic wand, which is claimed to be a “first-in-the-world device that revolutionizes the concept of eye care”. […]
South Korea: Lotte launches chocolate-based food supplement
Lotte Confectionery Co Ltd has launched a new chocolate-based dietary supplement in South Korea. Named Dream Cacao Flavanol and sold under the brand name Lotte Health One, the product reportedly targets middle-aged and senior consumers. A reinvention of the company’s well known Lotte Dream Cacao product in the form of a dietary supplement, Lotte Health […]
Germany: Beiersdorf grows sales in 2014
Beiersdof, one of the world’s largest health & beauty companies, has announced that its sales increased 2.3% in 2014, rising from €6.161 billion ($6.958 billion) to €6.285 billion ($7.099 billion). The company said that it had “continued its profitable growth path in 2014 despite a challenging macroeconomic environment”. Organic group sales rose by 4.7%, with […]
USA: Kimberly-Clark reports 2014 results
Kimberly-Clark, which is active in markets including household paper and baby care, has reported stable revenues for the 2014 calendar year. Sales of $19.7 billion were 1% higher than 2013 and organic sales rose 4%. Operating profit was down to $2,521 million in 2014 from $2,903 million in 2013, although adjusted operating profit increased 5% […]
USA: Johnson & Johnson releases full-year results
Johnson & Johnson has closed 2014 recording total sales of $74.3 billion, an increase of 4.2% versus 2013. In the Worldwide Consumer division, however, sales of $14.5 billion for the full-year 2014 represented a decrease of 1.4% compared to 2013, consisting of an operational increase of 1.0% and a negative impact from currency of 2.4%. […]
UK: Unilever reports modest 2014 growth amid market slowdown
Consumer goods giant Unilever has detailed its global financial performance for 2014, revealing modest growth figures in what it described as “tougher markets”. Underlying sales rose 2.9%, although turnover declined 2.7% to €48.4 billion ($56.1 billion) including a negative currency impact of 4.6%, the company said. The firm reported a slowdown in growth in emerging […]