
Nivea-maker Beiersdorf said on Monday it had seen a 10.7% fall in first-half sales as both its consumer business and adhesives unit were hard hit by the coronavirus pandemic.
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Nivea-maker Beiersdorf said on Monday it had seen a 10.7% fall in first-half sales as both its consumer business and adhesives unit were hard hit by the coronavirus pandemic.
Chanel, Revlon and L'Oreal, three of the biggest brands in cosmetics, are quietly moving away from using talc in some products as U.S. cancer lawsuits and consumer concerns mount.
Beiersdorf said on Tuesday that its super-prestige skincare brand la Prairie has taken a major hit on the back of the coronavirus crisis with the travel retail channel weak and likely to stay that way for some time.
Consumer goods giant Unilever Plc said on Tuesday it would protect its workforce from the financial impact of the coronavirus by continuing to pay contractors and other part time staff for up to three months.
German consumer goods firm Beiersdorf said it was “cautiously optimistic” for 2020, despite reporting another quarter of slowing sales growth for its skincare and adhesives units.
Beiersdorf, which owns brands Nivea, Eucerin and La Prairie, has partnered with the AI business Insilico Medicine -- which develops end-to-end drug discovery pipelines -- to carry out computer-simulated skin research.
German skincare group Beiersdorf, behind household-name brands like Nivea and Elastoplast, said Tuesday that all its operations would be powered by renewable electricity by the end of 2019.
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.
Beiersdorf reported slowing sales growth for its Nivea skin care brand in the second quarter on Tuesday, although it confirmed its outlook for 2019.
Most big companies are failing to report the damage their operations are doing to forests despite committing to lighten their footprint under wider efforts to tackle climate change.