JOHANNESBURG, SOUTH AFRICA -- (Marketwire) -- 07/29/10 -- www.wallstreetequityresearch.com brings investors market knowledge on the aspects moving the personal products stocks, and offers complete analytical research on companies like Avon Products Inc. (NYSE: AVP) and Procter & Gamble Co. (NYSE: PG). Register with www.wallstreetequityresearch.com today to gain full access to our complimentary research on these personal products stocks.
The $360 billion global personal products industry is projected to reach $424.1 billion by 2013. Despite this relatively bright outlook recent quarterly earnings have been mixed implying that, like most industries, its comeback from the crisis is not yet complete. Avon products Inc. is posting its quarterly earnings pre-market today and it would be interesting to see how the company's earnings was affected by currency fluctuations for the quarter as most of revenue for Avon are generated internationally. Investors can register today at http://wallstreetequityresearch.com/July282010AvonProductsInc.(AVP)280710.php to download the full report on Avon Products Inc.
www.wallstreetequityresearch.com is a specialized website where investors can have specific access to complimentary reports on personal products industry; traders looking for analysis on Avon Products Inc., Procter & Gamble Co. and other players in the industry are welcomed to sign up for free at http://www.wallstreetequityresearch.com/.
Personal products are driven by brands which allow for higher price points and cultivate strong customer loyalty. However, during the crisis many customers opted for cheaper private labels or simply removed such discretionary spending from their shopping lists. With consumer spending on the rise companies must lure buyer back to their old favourite brands with new exciting and innovative products and extended brands. Though many companies are resorting to price cuts to get customers back, this cannot be a long term solution due to its negative effects on profit margin. Procter and Gamble Co., the leader of this space, has lifted the benchmark to regain customers' attention quite high for the industry yesterday by joining the closed circle of companies to sponsor the Olympic Games. Investors can access free research on Procter & Gamble Co. now by signing up at http://wallstreetequityresearch.com/July282010Procter&GambleCo.(PG)280710.php.
A bill which personal products will be watching carefully and indeed lobbying against is Rep. Jan Schakowsy's Safe Cosmetics Act 2010. The bill is concerned with updating cosmetic laws to protect customers against untested products, as well as possible carcinogens and toxic ingredients. The Personal Care Products Council has argued that the bill is not based in science, will be too costly for them and puts an unmanageable burden on the FDA. Instead they propose an alternative plan for "good manufacturing" which is somewhat less stringent but nevertheless an improvement on the current regulatory system.
It is imperative for the Personal Products industry not to lose their consumers' confidence, especially as they are vying for their return from private labels. Thus, a swift resolution of this issue is desirable as the future costs incurred if the bill is passed to law could be significant and long lasting. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting companies in the personal products industry.
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