Under pressure to reduce environmental waste from single-use containers, major consumer companies including Procter & Gamble Co, Unilever Plc and The Body Shop are rolling out more products in refillable form.
P&G’s unlisted India arm Procter & Gamble Home Products reported a 14% year-on-year sales increase and 59% profit increase in the 2019 financial year as the business focused on rural expansion and product launches.
German consumer goods firm Beiersdorf reported a fall in sales of adhesives to the auto industry in the third quarter but new products boosted its skin care business which held up better than expected.
French cosmetics giant L'Oréal and Clarins group announced Monday the conclusion of its agreement for the sale of the Mugler brands and Azzaro fragrances to L'Oreal, according to a news statement from the two groups.
Luxury lingerie brand La Perla has its sights set on the beauty industry.The brand, which is known for its high-end lingerie, nightwear and swimwear, has announced the launch of a new subsidiary, La Perla Beauty.
Hindustan Unilever Ltd witnessed a 21 percent surge in its net profit to Rs 1,848 crore ($259.6 million) for the quarter ended on September 30, 2019, as against Rs 1,525 crore it had reported in the year-ago period.