Avon Products has filed a new report with the US Securities and
Exchange Commission (SEC) outlining the latest initiatives for its
ongoing restructuring plan, leading to further charges of up to
$15m for redundancy and organizational...
New Jersey-based CCA industries, a marketer of niche beauty and
health products, has announced a considerable increase in its third
quarter sales that is helping to drive the company towards its goal
of acquiring further brands.
With Avon in the midst of a major restructuring CEO Andrea Jung
says that savings are going to be poured back into the company's
future, with research and development, the internet and advertising
targeted for major investment.
Having received the first license for a foreign-owned company to
resume direct sales of cosmetic products in China, Avon added more
than 33,000 new sales staff to its workforce there last month,
according to data from the Chinese...
Fragrance player Parlux Fragrances has delayed the filing of its
first quarter results following its planned share flotation, but
has warned of a big dip in its sales for the period sending share
After 18 years at the helm of the world's leading cosmetics
company, Sir Lindsay Owen-Jones has stepped down in favour of
Frenchman Jean-Paul Agon. The question on everyone's lips now is
can Agon measure up to the standards...
A record financial year for LVMH Moet Hennessy Louis Vuitton, is
supported by a strong performance from the company's cosmetics and
fragrance operations, boosted by the Dior brand as well as an
increasing market share for its...
Playtex Products has announced a restructuring program on the back
of strong financial results for 2004. The program aims to push
profit growth into double figures in the course of the next three
years, reports Simon Pitman.