Henkel forecasts 3.9% beauty sales slump due to coronavirus

Published: 8-Apr-2020
Hair Care Finance

The parent company of Schwarzkopf, Dial and Right Guard says it cannot make reliable projection for its 2020 performance due to the pandemic

You need to be a subscriber to read this article.
Click here to find out more.

Henkel, the Germany beauty giant, has predicted a negative sales hit as a result of the coronavirus pandemic.

The parent company of Schwarzkopf,

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
  • Companies:
  • Henkel
See more

You may also like

Hair Care

Henkel acquires Vidal Sassoon's Chinese business from P&G

Read more
The consumer goods company is purchasing Vidal Sassoon to cover a ‘white spot’ in its premium hair care offering in China

Trending Articles

  1. The Body Shop's downfall triggered by failing to secure credit The beauty company’s owner Aurelius Group failed to secure new funding, according to reports in The Telegraph
  2. Puig sets IPO target for close to €14 billion The Spanish beauty giant plans to sell Class B shares at €22 to €24.50 each, which would value the group between €12.7bn and €13.9bn
  3. L’Oréal’s sales soar thanks to dermatological beauty​​ and mass make-up The French beauty giant reported revenue of €11.24bn for the quarter, driven by increasing consumer demand for dermatological beauty and mass make-up
  4. LVMH’s revenue dips despite ‘remarkable growth’ from Sephora The giant’s Selective Retailing and Perfumes & Cosmetics divisions delivered strong sales despite the ‘uncertain’ economic climate
  5. Nivea helps push Beiersdorf sales to €4.9 billion in H1 Sun protection was pinpointed as a strong performance segment for the German giant's Nivea, Eucerin and Aquaphor brands

Upcoming event

Pure Beauty Global Awards 2024

23 May | London, United Kingdom See all

You may also like

Hair Care

Henkel acquires Vidal Sassoon's Chinese business from P&G

The consumer goods company is purchasing Vidal Sassoon to cover a ‘white spot’ in its premium hair care offering in China
Hair Care

Schwarzkopf names Sofia Vergara as global ambassador

The Griselda star actress will front the Henkel-owned hair care brand’s latest campaign
Hair Care

Schwarzkopf unveils Barbie pop-up hair salon in LA

The Westfield Century City pop-up will offer styling services using the Henkel-owned brand’s BlondMe range
You need to be a subscriber to read this article.
Click here to find out more.
Hair Care

Why this year’s hair powder trend isn’t blowing over any time soon

Cosmetics Business explores why more men are turning towards hair powders as their go to hair styling and thickening product
Recruitment

Henkel appoints new President for North America

Pernille Lind Olsen succeeds Steven Essick, who has retired after 27 years with the German consumer goods company
You need to be a subscriber to read this article.
Click here to find out more.
Sustainability

Top 50 beauty brands 2023: Which is the world’s biggest brand?

L’Oréal has retained its status as the world’s most valuable beauty brand on Brand Finance’s league table, but did its value rise or dive in 2023?
You need to be a subscriber to read this article.
Click here to find out more.
Sustainability

Top 50 beauty brands 2023: Which country’s brands are booming?

Which country’s brands gained in value in 2023 and which brands joined or fell off Brand Finance’s beauty league table this year?
Subscribe now