Estee Lauder and Revlon both post big profit drop
Two of the leading cosmetic players in the US have simultaneously posted a big drop in their profits as they are hit by costs associated with restructuring plans that aim to shape up the businesses.
Archives for May 8, 2006
Study claims anti-aging efficacy of Elastatropin
A study carried out by anti-aging researcher Dr. Steven Lamm claims that an anti-aging cream developed by US-based DermaPlus that contains Elastatropin has 'very positive results'.
Valeant launches combined anti-aging and sunscreen line
Valeant Pharmaceuticals has launched two new products that combine comprehensive moisturizing properties with an SPF 30 sunscreen, tapping into the growing market for increasingly comprehensive multi-functional products that provide prevention with...
P&G ups profit but stocks tumble as sales disappoint
Procter & Gamble has reported a 37 per cent jump in its profits, but share prices fell after the company revealed that its sales had failed to meet with expectations on the back of inventory cut-backs by Wal-Mart and slower than expected sales in Asia...