Personal care

Ashland reports financial results1 for first quarter fiscal 2024; issues outlook for second quarter and full-year fiscal 2024

Retrieved on: 
Tuesday, January 30, 2024

WILMINGTON, Del., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSE: ASH) today announced financial results1 for the first quarter of fiscal year 2024, which ended December 31, 2023, and issued its outlook for second quarter and full-year fiscal 2024. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings.

Key Points: 
  • Sales in the first quarter were $473 million, down 10 percent versus the prior-year quarter.
  • Ashland repurchased 1.2 million shares during the first quarter and now has $900 million remaining under the existing evergreen share repurchase authorization.
  • The first quarter of fiscal year 2024 cash flows provided by operating activities includes the favorable impact of the new Foreign Accounts Receivable Sales Program.
  • “Financial results in the December quarter yielded adjusted EBITDA above the outlook range we issued on November 8, 2023,” said Guillermo Novo, chair and chief executive officer, Ashland.

COSRX Valentine's Day Sale on Amazon: Save Up to 50% on Best-Selling Skincare Products Before Spring Break

Retrieved on: 
Friday, February 2, 2024

LOS ANGELES, Feb. 2, 2024 /PRNewswire/ -- With Valentine's Day quickly approaching, it's the perfect moment to transcend the ordinary and elevate your gift-giving experience. This year, move beyond the predictable large box of chocolates and make a lasting impression with a thoughtful skincare gift from COSRX. COSRX is thrilled to announce an exclusive celebration on Amazon, extending from February 5th through 11th. This limited-time event presents a golden opportunity for skincare enthusiasts to enjoy significant savings of up to 50%.

Key Points: 
  • Its powerful formulation, enriched with 96% snail mucin and 1,000ppm sodium hyaluronate, provides a rich source of nourishment and hydration for the skin.
  • This outstanding accomplishment underscores its exceptional quality and its ability to cater to the diverse needs of skincare enthusiasts worldwide.
  • This revolutionary product is designed to cater to the needs of skincare enthusiasts who seek both efficiency and a larger quantity.
  • Don't miss out on this extraordinary Valentine's Day celebration with COSRX on Amazon , where exceptional skincare meets unbeatable savings.

Philips delivers strong full-year results; agrees with FDA on terms of consent decree focused on Philips Respironics in the US

Retrieved on: 
Monday, January 29, 2024

1) Excluding provisions charged to sales of EUR 174 million in Q4 2023 mainly in connection with the Respironics consent decree.

Key Points: 
  • 1) Excluding provisions charged to sales of EUR 174 million in Q4 2023 mainly in connection with the Respironics consent decree.
  • We are fully committed to complying with the consent decree, which is an important step and provides a clear path forward.
  • The consent decree primarily focuses on Philips Respironics’ business operations in the US.
  • *) Excluding provisions charged to sales of EUR 174 million in Q4 2023 mainly in connection with the Respironics consent decree.

Retail Media Ad Spending on Amazon Jumps 31% Year-Over-Year in 2023

Retrieved on: 
Thursday, January 18, 2024

PALO ALTO, Calif., Jan. 18, 2024 (GLOBE NEWSWIRE) -- CommerceIQ , the leading retail ecommerce management (“REM”) platform, today released its annual State of Retail Ecommerce Report for 2023 , which found that retail media advertising spending on Amazon soared 31% versus 2022, with steady gains seen throughout the year.

Key Points: 
  • PALO ALTO, Calif., Jan. 18, 2024 (GLOBE NEWSWIRE) -- CommerceIQ , the leading retail ecommerce management (“REM”) platform, today released its annual State of Retail Ecommerce Report for 2023 , which found that retail media advertising spending on Amazon soared 31% versus 2022, with steady gains seen throughout the year.
  • Among other findings in the 2023 State of Retail Ecommerce Report:
    Overall, brands are facing incredible headwinds.
  • Sponsored Display and Sponsored Product advertising were the formats that saw the largest growth in 2023.
  • For example, in June (leading into Prime Day 2023), brands increased sponsored display advertising by 116% compared to 2022.

EDO Names Most Effective Ads of 2023 Across Auto, CPG, Pharma, Retail, Banking, and More

Retrieved on: 
Thursday, January 25, 2024

EDO , the TV outcomes company, released today the most effective ads of 2023 across English- and Spanish-language media.

Key Points: 
  • EDO , the TV outcomes company, released today the most effective ads of 2023 across English- and Spanish-language media.
  • Automotive (Non-Luxury): GMC, Hummer EV - Try Something Different ft. LeBron James :30 , +592% more effective than the Automotive (Non-Luxury) average.
  • EDO also analyzed the most effective ads that aired across Spanish-language TV (SLTV) in 2023.
  • MOST EFFECTIVE ADS ON SPANISH-LANGUAGE MEDIA, 2023 ( full ranking here )
    Automotive (Non-Luxury): Honda, Accord and CR-V - Hybrid x2 :30 , 93% more effective than the Automotive (Non-Luxury) average.

P&G Announces Fiscal Year 2024 Second Quarter Results

Retrieved on: 
Tuesday, January 23, 2024

Gross margin for the quarter increased 520 basis points versus the prior year, 590 basis points on a currency-neutral basis.

Key Points: 
  • Gross margin for the quarter increased 520 basis points versus the prior year, 590 basis points on a currency-neutral basis.
  • The Company continues to expect tailwinds of approximately $800 million after tax due to favorable commodity costs for fiscal year 2024.
  • P&G expects a core effective tax rate of approximately 21% in fiscal 2024.
  • Capital spending is estimated to be approximately 4% of fiscal 2024 net sales.

Social Commerce Sector in South Africa Poised for Robust Growth, 2023 Report with Forecasts to 2028

Retrieved on: 
Friday, January 26, 2024

The latest industry report showcasing a comprehensive analysis of the South African social commerce market has been published, highlighting significant growth and opportunities within this emerging sector.

Key Points: 
  • The latest industry report showcasing a comprehensive analysis of the South African social commerce market has been published, highlighting significant growth and opportunities within this emerging sector.
  • The data-driven approach of the databook outlines the expected surge in the social commerce industry in South Africa, with projections showing a remarkable 60.6% rise to reach a market value of US$1.40 billion in 2023.
  • The databook provides an analytic roadmap for understanding the market dynamics of social commerce in South Africa, delivering precise insights into the sector's size, forecast, and market shares.
  • The report breaks down numerous aspects of the South African social commerce market, including:
    Comprehensive market size and growth dynamics, benchmarked against KPIs from 2019 to 2028.

Philippines Social Commerce Sector Projected to Reach US$2.42 Billion by 2028 ? Market Report Uncovers Key Growth Trends and Dynamics

Retrieved on: 
Friday, January 26, 2024

DUBLIN, Jan. 25, 2024 /PRNewswire/ -- The "Philippines Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 25, 2024 /PRNewswire/ -- The "Philippines Social Commerce Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on Social Commerce Trends by End-Use Sectors, Operational KPIs, Retail Product Dynamics, and Consumer Demographics - Q2 2023 Update" report has been added to ResearchAndMarkets.com's offering.
  • The latest market intelligence report offers an incisive look at the burgeoning social commerce industry in the Philippines, underlining its rapid growth trajectory with annual forecasts promising a significant expansion from US$0.96 billion in 2023 to an impressive US$2.42 billion by 2028.
  • This robust growth underscores the pivotal role of social commerce, with widespread implications for the ecommerce industry at large.
  • Strategies tailored to market-specific segments for maximizing growth and addressing social commerce industry trends, drivers, and risks.

Global Live Commerce Platforms Market Size and Share Statistics Projected to Reach Over USD 4,880.38 Million By 2032, at 20.6% CAGR: Polaris Market Research

Retrieved on: 
Thursday, January 25, 2024

The cultural preference for customized purchasing experiences and the appeal of in-the-moment interactions go hand in hand with the dynamic nature of live commerce platforms.

Key Points: 
  • The cultural preference for customized purchasing experiences and the appeal of in-the-moment interactions go hand in hand with the dynamic nature of live commerce platforms.
  • Moreover, the live commerce platforms market in Asia Pacific is growing at a faster rate due to the growing use of social media and mobile technology.
  • Ans: The cosmetics and personal care segment holds the largest live commerce platforms market share.
  • Polaris Market Research has segmented the Live Commerce Platforms market report based on category, and region:
    Live Commerce Platforms, Category Outlook (Revenue - USD Million, 2019 - 2032)

method launches new creative platform, "Unleash Your Inner Shower," and expands personal care line

Retrieved on: 
Tuesday, January 23, 2024

SAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- New research led by method, a leading personal care and cleaning brand, reveals that Gen Z and Millennials see the shower as a transformational experience*. 89% of those surveyed have had great ideas in the shower, and 58% say taking a relaxing shower helps them feel like the best version of themselves. To celebrate the transformational power of the shower, method unveils "Unleash Your Inner Shower," its newest personal care creative platform.

Key Points: 
  • method unveils a new personal care creative platform, "Unleash Your Inner Shower," to harness the transformational power of showers.
  • SAN FRANCISCO, Jan. 23, 2024 /PRNewswire/ -- New research led by method , a leading personal care and cleaning brand, reveals that Gen Z and Millennials see the shower as a transformational experience*.
  • To celebrate the transformational power of the shower, method unveils "Unleash Your Inner Shower," its newest personal care creative platform.
  • With the expansion of its hair care line, method now offers a complete personal care regimen (shampoo, conditioner, body wash, deodorant, and lotion) to help people curate the perfect shower vibe and bring out their "inner shower."