Avon results take another big hit as sales continue to slide
Avon Products has reported another big dip in sales and net profit for its third quarter as the company continues to battle operational challenges and a sliding market share.
Archives for November 1, 2012
Hurricane Sandy will take its toll on the US cosmetics industry
With an estimated 70 percent of US cosmetics and personal care players said to be operating within a 200 mile radius of New York City, the industry is expected to take a significant impact from the damage wreaked by one of America's biggest ever storms.
L’Oréal acquires Vogue make-up to expand in Latin America
Beauty behemoth L’Oréal has targeted further growth in the Latin American cosmetics market with the announcement that it will acquire the Vogue mass-market make-up brand in Colombia from its shareholders.