Parlux earnings jump back into the black
Parlux says cost control helped to stem previous losses for its 1Q that helped to edge net earnings back into the black, thanks also to a modest gain in sales.
News & Analysis on Cosmetics Innovation
Parlux says cost control helped to stem previous losses for its 1Q that helped to edge net earnings back into the black, thanks also to a modest gain in sales.
The world’s biggest personal care maker announced a five percent increase in global sales but a 12 percent dip in profits that reflected increased marketing costs.
Japan-based global cosmetics player Shiseido will launch a new skin care brand that aims to encompass both the masstige Asian market and the low-end domestic market.
Specialty chemicals business Huntsman has agreed to purchase the chemicals business of Laffans Petrochemicals.