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Eileen Francis

Reporter – US

Eileen Francis is a reporter for “The Tan Sheet,” where she follows news on OTC drug and nutritional product manufacturing, regulation, legislation, finance and research. She previously served as a reporter and editor of “The Rose Sheet,” IBI’s source for in-depth coverage of the cosmetics industry. Early in her career, Eileen worked in public relations and as a writer for a lobbying firm. Outside of IBI, her freelance work includes articles on business, art and travel.

Latest From Eileen Francis

Revlon Gains $1.4Bn Financing From Subsidiaries, Appoints Interim CFO Amid Bankruptcy Fallout

Revlon approved for $1.4bn debtor-in-possession financing from BrandCo Lenders, a group of operating subsidiaries formed in capital structure changes which owns much of Revlon’s intellectual property. Firm appoints interim CFO to set course for debt restructuring.

Cosmetics Legal Issues

E.l.f. Hoists 2023 Full-Year Sales Guidance As Value Prices Attract New Customers

E.l.f. Beauty’s sales grew 26% to $122.6m in the fiscal 2023 first quarter, leading the Oakland, CA-based firm to increase full-year projections. According to company leadership, e.l.f. is capturing market share at a rapid clip while expanding distribution, notably in pharmacy retail.

Cosmetics Sales & Earnings

Symrise Touts Green, Biotech Developments In Scent & Care, Raises FY 2022 Growth Target

Symrise AG is now projecting organic sales growth ‘significantly higher’ than 7%, versus a previous estimate of 5% to 7%. The German fragrance and flavors firm, which recorded a 10.2% increase in organic sales in the fiscal 2022 first half, pointed to Hydrolite 8 green and its partnership with biotech Evoxx Technologies among other innovation-minded moves to meet cosmetics demand.

Sales & Earnings Innovation

What Slump? Despite Lockdowns, L'Oreal's China Q2 Sales Grow 6% On Supply Agility, Brand Power

Driven by e-commerce and L’Oréal Luxe, which achieved historic market share, L'Oréal SA's results in China helped fuel 13.4% growth of its overall business in the second quarter to 9.3bn.

Beauty Sales & Earnings

P&G ‘Clear-Eyed’ On Challenges Ahead; Growth Will Soften, But Strategic Priorities Go Unchanged

Environmental sustainability and DEI will remain key priorities for P&G as it enters a fiscal 2023 that augurs even greater volatility than 2022. The firm’s net sales for the 12 months ended 30 June increased 5%, or 7% organic, to $80.2bn, propelled by an 8% pricing increase in the fourth quarter.

Companies Sales & Earnings

Unilever Aims To Beat 2022 Growth Target While Wrangling Consumer Recession Fears

Unilever’s confidence is unshaken, though “the threat of recession is starting to impact consumer confidence and change in spending patterns and behaviors,” Unilever CEO Alan Jope acknowledged in a 26 July presentation on fiscal 2022 first-half results.

Sales & Earnings Commercial
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