• Avon Products, Inc. reported that
fourth quarter sales jumped 13% to $3.2 billion. Active representatives grew 11% with
growth in all regions. Beauty sales in the
fourth quarter grew 15% driven by gains in
fragrance, color cosmetics and personal care
of 11%, 27%, and 19%, respectively.
Units sold increased 4% in the quarter,
and beauty units were up 5% versus a year
ago, the company said.
“We are very pleased with Avon’s per-
formance in the fourth quarter. Against the
backdrop of the global economic crisis, our
growth strategy to leverage our smart-value
product offering and representative earn-
ings opportunity paid off to deliver robust
active representative growth and beauty
market share gains in the quarter,”said An-
drea Jung, Avon’s chairman and chief exec-
utive officer.“We are especially pleased that
revenue growth was broad-based across
our geographic portfolio.”
Fourth quarter net income increased
more than 15% to $269 million.
Full-year 2009 total revenue declined
3% to $10.4 billion. Total beauty sales were
down 3%. Active representatives grew 9%
with growth in all regions. Units sold increased by 3% and beauty units increased
by 4% versus a year ago.
The Recession Lingers
• Unilever reported a 24% fall in fourth
quarter net profit Thursday and predicted
tough competition and consumer spending
constraints in the current year.
“We expect continued pressure on consumer spending power and heightened
levels of competitive activity in 2010,” said
chief executive officer Paul Polman.
Unilever said net earnings in the final
three months of 2009 came to $1.27 billion
as lower prices offset increased volumes.
Sales were down 4.8% from a year earlier to $13.5 billion, falling short of analyst
forecasts of $13.8 billion.
Operating profit fell 33% to $1.3 billion
although the same year-earlier period included exceptional gains of $855 million.
For the year, Unilever’s net profit fell
31% to $5.1 billion and sales slipped 1.7%
to $55.7 billion.
Revenue Jumps 19%
At Nu Skin
• The future is looking bright for Nu
Skin Enterprises, Inc. The company posted
favorable record fourth-quarter and annual
results. Revenue for the quarter rose 19% to
$378.1 million. The company generated
record annual revenue of $1.33 billion in
2009, a 7% improvement over the prior year.
“We finished our 25th anniversary year
on a high note with record revenue, a
record launch of our new skin care system,
and a record number of executive distributors,” said Truman Hunt, president and
chief executive officer.“Each region is contributing to our growth, with particularly
strong double-digit gains in South Korea,
the Americas, China, Southeast Asia and
Sales Rise at Alberto Culver
• Alberto Culver Company’s first quar-
ter sales increased 2.9% to $363 million for
the manufacturer and marketer of beauty
Commenting on the results, Alberto
Culver’s president and chief executive officer V. James Marino said, “While the hair
care category remains soft, trends are
slowly beginning to improve and we continue to gain market share. Sales growth
was particularly strong in our international
segment, even with a very strong performance in the prior year quarter.”
Inter Parfums Posts 13%
Increase in Q4 Sales
• It’s all about the power of “B” at Inter
Parfums, Inc.— Brooks Brothers, Banana
Republic and Bebe, that is. All three brands
contributed to a rise in sales last year.
Fourth quarter net sales increased 13% to
“We are extremely pleased by the turnaround in the second half of 2009. Comparable fourth quarter sales were off only
slightly from the fourth quarter of 2008,”ex-
plained chairman Jean Madar. “As expected, second half comparisons were
considerably better than the first half due
to new product launches for Brooks Brothers, Banana Republic, the debut of bebe fragrance in both domestic and international
markets and the introduction of a New York
& Company scent. Work is underway on
additional products and expanded distribution, and hopefully we may have new specialty retail agreements for 2010.”
PZ Cussons Reports
First Half Results
• PZ Cussons Plc—maker of Carex body
products and Charles Worthington hair
care—said revenues rose 0.7% to $597.4
million for the six-month period ended
Nov. 30, 2009. The company’s household
and toiletries business recorded sales of
$462.9 million during that period.
“The group has delivered a strong performance in the first half despite the economic environment remaining fragile,”
noted chairman Anthony Green.
J&J’s Consumer Product
Sales Fall 1.6% in 2009
• Johnson & Johnson’s global consumer
product sales fell 1.6% to $15.8 billion in
2009, with operational growth of 2.0% and
a negative currency impact of 3.6%.
Primary contributors to the operational
growth recorded by its consumer business
included Neutrogena, Aveeno and Dabao
skin care products and international sales
of Listerine, the company said.
On the corporate level, global fourth
quarter sales rose 9% to $16.6 billion, while
full-year sales fell 2.9% to $61.9 billion. •