July 26, 2023

Unilever Premium Clothes and Care Brand Opens Asia Research Center in Tianjin

It is worth noting that THE LAUNDRESS also released the first batch of fully domestically produced six refreshed products, including classic laundry detergent, underwear laundry detergent, softener and so on. On July 25, Unilever’s high-end clothes and care brand THE LAUNDRESS Asia Research Center was unveiled in Tianjin. Relying on the localized supply chain and …

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LVMH Perfumes & Cosmetics Revenue in H1 Exceeded €4 Billion, reaching a New High

LVMH reported revenue of €42.24 billion for the first half of 2023, representing a 15% increase from the previous year. Organic revenue growth for the same period was 17%. The Perfumes & Cosmetics business achieved revenue of €4.028 billion, reaching a new high. LVMH, the global leader in high-quality products, reported revenue of €42.24 billion …

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Reckitt Net Income Gains £7.446Bn in H1 with Dettol Single-digit Down

The Dettol declined by single digits year-over-year due to mixed performance across markets. Today (July 26), Dettol’s parent company, Reckitt, announced its second quarter and half-year financial results in 2023. The results show that its net income was £3.529 billion ($4.55 billion) in second quarter, up 4.1% year-on-year, while net income of half year was …

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LVMH Perfumes and Cosmetics Achieves $31.8Bn in H1 Up 15% YOY

Revenue of Perfumes and Cosmetics at LVMH grew 16% organically in the second quarter to €1.913 billion ($2.1 billion). On July 25, LVMH released its 2023 semi-annual financial results. In the three months ended June 30, the group achieved revenues of €42.2 billion ($46.7 billion), up 15% year-on-year. Organic revenues were up 17% compared to …

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Inter Parfums Achieves Sales of $309M, Hitting Record High in Q2

Inter Parfums expects a more optimistic market in China in 2024. Recently, perfume maker Inter Parfums Inc. released its financial results for the second quarter ended June 30, 2023 . Inter Parfums Inc. said net sales for the second quarter increased 26% to $309 million from $245 million in the second quarter of 2022. On …

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L’Occitane Sales Exceed €500M in Q1 FY2024 Driven by China

The excellent performance of the Sol de Janeiro and the recovering trend in China have been cited as catalysts for improved results. Yesterday (July 25), L’Occitane released its financial results for the first quarter of FY2024 ending June 30, 2023. For the three months ended June 30, L’Occitane Group sales amounted to €502.2 million ($554.5 …

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