Cosmetics maker Estee Lauder Companies Inc posted better-than-expected quarterly earnings due to strong sales abroad and heavy spending on advertising and its shares soared 15 percent to an all-time high.
More than 95 percent of consumer products claiming to be green are committing at least one of the "sins" of greenwashing, according to a new study released today by environmental marketing company TerraChoice.
French group L'Oreal, the world's largest cosmetics maker, announced Thursday stronger-than-expected growth in third quarter sales of 14.6 percent thanks in large part to emerging countries. Sales totaled 4.85 billion euros.
Following its debut in August 2010, the new Baby & Child division will expand by 20% for the winter 2011 New York International Gift Fair. With more than 30 new companies double-digit growth is expected.
A new line of perfume is about to explode onto the Icelandic market, made of melt water from a glacier sitting on top of the Eyjafjoell volcano that erupted in April, spreading ash and flight chaos across Europe.
The designer Diane von Furstenberg has announced she will release her first line of beauty products. In collaboration with the ID Beauty giant and the former president of beauty products from Yves Saint Laurent, Chantal Roos.
The license agreement signed with the Italian Sinv SpA in 2005 for a period of five years will not be renewed. The brand has decided to fully integrate the production and distribution of Alexander McQueen’s secondary McQ line.