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Avon Products, Inc. announced its decision to cease operations in Bolivia by the end of July 2014, after several years of underperformance.
P&G delivered organic sales growth of 3% for the quarter January–March 2014. Net sales were $20.6 billion, unchanged versus the prior year period.
Overall, the company saw sales growth, but the worldwide consumer product division was down.
L'Oréal's like-for-like sales are up 3.5% overall for the first quarter of 2013, but the consumer products division slowed a bit, as expected.
The company is working to continue the expansion of several of its beauty brands, such as as Fudge and Charles Worthington, overseas.
The company's revenue was €7.2 billion for the first quarter of 2014.
For the fiscal year 2013, Utla's net sales increased 20.3% to $2.67 billion from $2.22 billion in fiscal 2012.
Inter Parfums' parting of ways with Burberry continues to affects its results, but the company has big plans for launches and developments in 2014.
On a foreign currency exchange basis, total company net sales increased 9.6%, benefiting from the inclusion of net sales related to the professional segment beginning on the TCG acquisition date, as well as a full year of Pure Ice net sales.
For 2014, Beiersdorf expects to outperform the market, with growth of 4–6%.