Henkel cosmetics sales
This article was originally published in The Rose Sheet
Executive Summary
Worldwide cosmetics/toiletries sales up 2.8% to $1.84 bil. (€1=$.87) in 2001, Henkel announces March 5. Cosmetics group reported strong fourth quarter due to price increases intended to pre-empt the effect of the Euro change, shifts to higher-margin products, firm explains. Operating profits for the unit rose 12% to $145.4 mil. In the U.S., firm will sell the manufacturing plant formerly used for Dep and L.A. Looks and has moved to contract production for the brands. Future plans include hair care product launches, search for "appropriate" acquisitions, Henkel says...