The most influential people in beauty and makeup September 24, 2012 1. Maksymilian Faktorowicz (1872-1938) He founded Max Factor, which started as a theatrical make up shop and grew into a cosmetic empire. 2. Elizabeth Arden (1884-1966) She founded the brand, under her own name, which became international in 1915. 3. Charles Revson (1906-1975) He created the world famous makeup company Revlon, launched in 1932. 4. [...]
US corporate results round-up August 14, 2012 Estee Lauder profits jump 25 per cent Estée Lauder reported a higher than expected quarterly profit yesterday, helped by double-digit percentage gains in sales of its makeup and skincare. The maker of Bobbi Brown and MAC cosmetics reported net profit rose 24.6 per cent to $51.2m. Dick’s Sporting Goods writes off JJB Sports Dick’s Sporting [...]
Croda ups divi as profits rise July 24, 2012 CHEMICALS firm Croda reported a six per cent increase in first-half profit yesterday as the company sold more higher-margin products and strong demand in North America offset softness in Europe. The company, which counts Procter & Gamble, Unilever, L’Oreal and Estee Lauder among its customers, said adjusted pre-tax profit rose to £132.6m from £124.8m a [...]
Retailers pick up during light Wall St trading August 14, 2012 US stocks ended little changed yesterday in what investors described as a fatigued market after the S&P 500 rose in seven of the past eight sessions. Retailers were a notable standout after Home Depot raised its profit forecast due to improvement in the housing market and US retail sales data that was stronger than expected, [...]
CITY MOVES | WHO’S SWITCHING JOBS February 17, 2011 KPMG Robert Mirsky is joining the financial services firm as head of hedge funds in the UK. He was previously managing director of investment consultancy Laven Partners, and has worked for Ernst & Young’s hedge fund practice in the US. Mirsky, who trained as a lawyer in the US, is also the chairman and founder [...]
L’Oreal shares fall after sales disappoint February 11, 2011 L’Oreal shares fell back, returning some of their recent gains, after the world’s biggest cosmetics group posted fourth-quarter sales and margins that were below expectations. The French maker of Yves Saint Laurent lipstick and Garnier shampoo said it expected to beat global cosmetics market growth seen at 3-4 per cent for 2011. “We expect to [...]
L’Oreal shares fall after sales disappoint February 11, 2011 L’Oreal shares fell back, returning some of their recent gains, after the world’s biggest cosmetics group posted fourth-quarter sales and margins that were below expectations. The French maker of Yves Saint Laurent lipstick and Garnier shampoo said it expected to beat global cosmetics market growth seen at 3-4 per cent for 2011. “We expect to [...]
YES, YOU DO NEED TO WEAR MAKEUP…JUST DO IT WITH SUBTLETY September 30, 2010 Style Counsel I HEAR it all the time: “I don’t wear any make up because I don’t know how to apply it…I haven’t got time…Do I need it?…I don’t know what to buy.” Well, there’s no excuse, because cosmetics counters are falling over themselves to teach you how to apply it, and what to get. [...]
HOW TO FLAUNT YOUR LEGS (BEFORE THE MERCURY SINKS) September 2, 2010 MANY of you will have just returned from holiday all nice and tanned, dying to show off your new glow, and nowhere is this more tempting than with the legs. The papers and magazines are full of models and celebs stepping out on summer evenings in gorgeous dresses, glamorous heels and lovely bare pins. The [...]
Lawyers back Goldman on SEC disclosure April 19, 2010 LEGAL experts yesterday insisted that Goldman Sachs was justified in concealing from investors the first stages of the Securities and Exchange Commission’s probe into obscure credit derivative trades at the bank. Goldman came under fire at the weekend after it emerged the bank had known about the investigation months before fraud charges were officially filed [...]