Procter & Gamble Co raised its sales forecast for the year on Wednesday after quarterly results topped Wall Street expectations, boosted by price hikes and strong demand for premium fabric and skin care products.
Henkel shares tumbled on Monday after the maker of Schwarzkopf shampoo and Persil detergent warned earnings would fall this year as it steps up investment in brands and digital technology to try to revive growth.
Coty has named Pierre-André Terisse as chief financial officer, Gianni Pieraccioni as chief operating officer and Luc Volatier as chief global supply officer and a member of the company's executive committee.
Beiersdorf , the maker of Nivea skin creams, is shaking up its top management team when new chief executive Stefan De Loecker takes over on Jan. 1, poaching managers from rivals Procter & Gamble and Reckitt Benckiser .
Procter & Gamble Co on Thursday announced the creation of six business units for its largest geographic markets, its biggest organizational change in the last 20 years that will be effective from July next year.