Economics

Recession presents cosmetics firms with opportunities

Comment

Recession presents cosmetics firms with opportunities

By Guy Montague-Jones

To navigate through the economic gloom, cosmetics companies should turn to Austrian economist Josef Schumpeter who once compared the Great Depression to a ‘good cold shower’.

Degussa set for steady growth

Degussa set for steady growth

First quarter sales at the German speciality chemicals company
remained steady and earnings before interest and taxes rose 10 per
cent on the prior year, giving chairman Professor Felcht cause for
an optimistic outlook for 2003.

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