Art and Fragrance struggles in current economic climate
Rising costs and a negative exchange rate have led niche perfumer Art and Fragrance to report significant losses for the first half of 2008.
Archives for September 15, 2008
Eastern Europe drives growth at Beiersdorf
Beiersdorf has expanded its market share in Central and Eastern Europe as the economic downturn in Europe and North America pushes companies towards emerging markets.
Hypermarcas completes major Brazilian cosmetics acquisition
Hypermarcas has taken a deeper bite into the Brazilian cosmetics market with the acquisition of Niasi for R$366m ($200m).
Shoppers more likely to stay loyal to cosmetics than other goods
Cosmetics manufacturers can rest assured as consumers are more likely to stay loyal to their beauty care brands than medicines or household goods, according to a ShopSmart survey.
Blossom launches tween skin care at HBA
A new skin care range designed for tweens was launched at this year’s HBA promising safe and gentle formulas for young skin.