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Financial News Updates from Global Beauty Companies
Posted: August 12, 2014
Direct skin care seller Nu Skin reported second-quarter revenue of $650 million for 2014, a 3% decline over the second quarter in 2013. Its revenue in greater China declined 12% for Q2 2014, but results from the Americas (+8%) and the EMEA region (+14%) helped even out the results. Find more information on Nu Skin’s Q2 2014 here.
Reporting its half year 2014 results, Beiersdorf saw organic sales growth of 5% (0.2% in nominal terms) to €3.171 billion. For its global beauty brands, Beiersdorf saw its Nivea brand achieve sales growth of 6.1% for the first half of 2014, the Eucerin brand delivered 6.8% growth for the time period, and La Prairie grew 7% for first half 2014. Additional details from Beiersdorf’s half year 2014 financial results are available here.
Inter Parfums shared its Q2 2014 financial report, with sales of its ongoing brands (excluding Burberry brand sales) increased 22.1% to $118.2 million from $96.8 million in Q2 2013; at comparable foreign currency exchange rates, the company’s net sales of ongoing brands increased 20%. European-based sales increased during the time period, while U.S.–based sales slightly dropped. Further details on Inter Parfums’ Q2 2014 financial results are available here.
Henkel reported its Q2 2014 financial results, seeing a solid organic sales increase of 3.3%, and in its beauty care business, Henkel recorded organic sales growth of 2.1%. Learn more about these results from Henkel here.