Estee Lauder’s granddaughter elected to the company board
Changes to the Estee Lauder Companies’ board of directors see Jane Lauder replacing father Ronald after over forty years.
Archives for July 14, 2009
Johnson and Johnson sales hit by tough retail environment
Leading pharmaceutical and personal care player Johnson & Johnson has been hit hard during its second quarter by the global economic recession.
Gerresheimer cuts forecast on weak cosmetic packaging sales
Gerresheimer has cut its forecast for 2009 after a poor second quarter that saw gains made in drug packaging pegged back by falling demand from the cosmetics industry.
Brazil cosmetics market exceeds predicted growth rates
The growth rate for cosmetics, toiletries and fragrance in Brazil has exceeded predictions made at the beginning of the year, which means the value of the market in 2009 is likely to be 11 per cent higher than 2008.
Analyst tips P&G for major acquisition
A leading analyst has released a note to investors suggesting that Procter & Gamble may be scouting around for a major acquisition in an attempt to boost sales.