Henkel, L'Oréal, LVMH, Natura &Co and Unilever are joining forces to develop an industry-wide environmental impact scoring system for beauty products, similar to the Eco-Score.
» Read more
Three years ago, Dobbi started as a laundry and dry-cleaning service for individuals. Today, the platform is profiling itself as a partner for fashion retailers who want to become more sustainable. After the Netherlands and Belgium, the rest of the world is set to follow.
» Read more
FMCG giant Henkel has raised its full-year outlook after its operations rose above pre-pandemic levels in the first half of the year. Nevertheless, the German company is concerned about rising prices and strained supply chains.
German consumer goods company Henkel expects sales to pick up again this year as hairdressers are gradually reopening. In turn, the demand for cleaning products is likely to normalise.
German Henkel saw its sales decline slightly because of the coronavirus crisis, as hair salons and automobile manufacturers were forced to close. The soap and washing powder category did perform well, so much so that the Persil manufacturer increased its soap supply by 30 %.
Several large companies are interested in taking over the beauty and hair care brands from American group Coty. Among them are Colgate-Palmolive, Henkel, Unilever and various investment companies.
In the third quarter, Henkel has performed in line with expectations. The German group sent out a profit warning earlier this year, but is now staying in line with its forecasts.
Carsten Knobel is to become the new CEO of the Henkel consumer goods group. He will succeed the Belgian Hans Van Bylen, who has run the German company since 2016, on New Year's Day.
During the first quarter of its current fiscal year, German FMCG giant Henkel performed slightly below expectations. The glue division and care products were particularly affected by difficulties.
Henkel has had a bad financial year: the German company's turnover went down 0.6 % at 19.9 billion euros due to negative exchange rate effects), while net profits went down by 8.3 % to 2.33 billion euros.
CEO Hans Van Bylen is increasing Henkel's investment budget by 300 million euros per year to boost the growth rate. Digital transformation is at the top of the to-do list.
Merkproducent Henkel, fabrikant van Pattex tot Persil, boekte in het derde kwartaal een organische omzetgroei van 2,7%. Ook de marge groeide licht. De Duitse FMCG-reus is daarmee tevreden en zegt op koers te zijn voor dit jaar.
German multinational Henkel has reached a record quarterly turnover of 5.14 billion euro, but higher prices for raw materials and adverse exchange rate effects have pushed expected profits down.
Despite negative exchange rates and logistical issues in the United States, Henkel still sees positive signs in the first quarter. Its glue division outperformed the laundry and beauty divisions.
German Henkel experienced a strong 2017, with record numbers for both its profit and turnover. The company managed to surpass the 20 billion euro turnover milestone for the first time.
For the first time ever, Henkel will pass the fifteen billion euro turnover milestone for the first nine months of the year. The company will also increase its turnover and profit forecast on the back of these excellent performances.