Alert Data News | Business | Companies | UK | Health, beauty, personal care, eyecare

Alliance Boots Holdings Limited

Mon, 21 May 2012 10:32:13 +0100

Revenue up 18% to 23bn - international expansion strategy
Alliance Boots recorded an 18% increase in revenue to 23bn in the year to March 2012. Trading profit increased 12.4% to 1.2bn. The strong performance was achieved through organic growth and acquisitions. The group expects profitable growth and international expansion to continue despite the difficult economic environment.

Cinesite (Europe) Ltd

Fri, 18 May 2012 08:55:00 +0100

£10 private equity investment - acquired by Endless
Private equity firm Endless has invested £10m in the acquisition of Cinesite from Kodak. Digital effects company Cinesites operates in a high-growth where there are significant opportunities. Endless is recapitalising the business in order to give film-makers the confidence to award it new contracts.

Avon Cosmetics Ltd

Fri, 18 May 2012 02:08:48 +0100

£6.7bn Coty bid withdrawn - business turnaround strategy
Coty has withdrawn its £6.7bn takeover bid for US-based Avon Products after Avon failed to meet its deadline to respond. Avon has recorded a substantial decline in sales and recently appointed chief executive Sheri McCoy will now make stabilising the business a priority.

Avon Cosmetics Ltd

Thu, 17 May 2012 03:05:12 +0100

To consider 10.7bn dollar Coty - business review - profits fall
US-based Avon Products is considering a 10.7bn dollar takeover bid from Coty after failing to respond to an earlier bid of 10bn dollars. The deadline to respond to the latest bid was 14 May 2012 but Avon is seeking additional time. Avon recorded weak first-quarter results, including a fall in profits and is planning a business review.

Avon Cosmetics Ltd

Wed, 09 May 2012 08:30:50 +0100

Income down 82% - headcount reduction - Coty takeover bid rejected
US-based cosmetics retailer Avon recorded a worse than expected first-quarter, with net income falling 82% to 26.5m dollars. Total revenues increased 1% to 2.6bn dollars but the number of sales representatives fell 2%. Avon has rejected an unsolicited 10bn dollar takeover bid from Coty.

Careline Services Ltd

Tue, 08 May 2012 08:01:19 +0100

New Lancashire call centre - Seeking new contracts
Careline Services has taken over a call centre in Preston, Lancashire. The company is targeting contracts with several major new customers. The call centre currently employs 250 people of which 60 will transfer to Careline Services. Charles Cooper-Driver is the managing director.

Morningside Pharmaceuticals Limited

Fri, 04 May 2012 08:13:16 +0100

Queens Award for International Trade secured - 223% increase in exports
Loughborough-based Morningside Pharmaceuticals has secured The Queens Award for International Trade in recognition of a 223% increase in export sales to £8m over six years. The company exports to more than 80 countries and works with the NHS, pharmacies and private hospitals in the UK as well as international aid agencies and charities.

Bunzl PLC

Fri, 04 May 2012 08:00:49 +0100

Company Growth - 3 Acquisitions - Turnover 4.8bn - 12,400 Employees
Bunzl plc, the international distribution and outsourcing Group, has completed three further acquisitions in the United States, Israel and Australia. The Company has acquired FoodHandler Inc, Meichaley Zahav Limited in Israel and Star Services International Pty Limited in Australia. Michael Roney is Chief Executive

ASOS Plc

Wed, 02 May 2012 08:21:18 +0100

Revenue up 33 per cent - Sales rise 34 per cent - Three new websites launched
Online fashion retailer ASOS, based in London, has recorded a 33 percent increase in revenue up to March 2012. Retail sales increased 34% year on year, UK sales rose 4% and international sales increased 63%. The company has launched new websites in Italy, Spain and Australia. Nick Robertson is CEO of ASOS.

Alliance Boots Holdings Limited

Wed, 02 May 2012 08:12:17 +0100

160 Photo Lab Closures - 200 Possible Job Losses - 53800 Employees
Boots are to close 160 in-store photo labs putting up to 200 jobs at risk. Alternative roles will be sought for staff affected.