UK cosmetics retailer Boots has warned that its full year profits
are likely to be impacted by low levels of consumer spending. The
announcement follows a disappointing December and January that saw
consumer spending well down on...
Oriflame's less than impressive debut as a public listed company
and falling profits has prompted major boardroom changes,
highlighted by the appointment of Magnus Brännström as the
company's new CEO, Simon Pitman reports.
The Brazilian cosmetics and toiletries industry is continuing to
demonstrate strong growth, after the country's industry body
revealed that sales have outstripped global growth in 2004. The
performance is being driven by the...
L'Oreal announced second half financial results broadly in line
with market expectations at the end of last week, boosted by strong
sales in both the US and emerging markets. However, analysts
believe that improvements in profitability...
Strong buyer demand for growing and profitable businesses in the
personal care and supplements sectors means that sellers are
increasingly able to negotiate favourable terms, according to a
report that is due to be published this...
Avon has reported that sales grew ten per cent during 2004,on the
back of a continued growth during the fourth and last quarter. But
currency weakness and a slack US market continue to hamper
otherwise healthy results.
Leading UK and international retailer Boots has reported that sales
for its mainstay toiletries division have fallen by 0.8 per cent
due to a price discounting strategy. The results reflect the
increasingly competitive retail environment...
Inter Parfums has reported a better than expected sales performance
for the fourth quarter and full year 2004. The company said that
favourable currency exchange and it Burberry branded fragrances
were the main reason for the result,...