This article was originally published in The Rose Sheet
Fragrance and cosmetics sales jumped 36.7% to $200.3 mil. (219.3 Euro) in the first half, and rose 33.3% after currency adjustments, the company reports Aug. 16. The increases were "heavily influenced" by continued "strong sales" from new fragrance launches. As of Sept. 1, Wella will reorganize its business divisions into Fragrances & Cosmetics, Professional and Retail, versus the existing Fragrances & Cosmetics, Wella Brand and Other Brands units. Consolidated sales were up 21.1% to $1.18 bil. (1.29 bil. Euro) in the half. Earnings jumped 38.2% to $32.5 mil. (35.6 mil. Euro)
You may also be interested in...
With a push from the Organic Consumers Association, the National Organic Standards Board is recommending that the use of nanotechnology be strictly prohibited from products certified under the National Organic Program
Though global market-size estimates differ, analysts at SupplySide West 2010 in Las Vegas agreed that cosmeceuticals remain a promising growth vehicle
The National Advertising Division concludes that by claiming the Schick Intuition Plus razor "lathers, shaves and moisturizes in one easy step," Energizer Personal Care is implying a long-term post-shave benefit comparable to that awarded by leave-on moisturizer, which is not supported by the company's evidence