For some, having a strong year in such a difficult climate may be an excuse to take it easy, but not for beauty behemoth L’Oréal as CEO Jean-Paul Agon announced the company are open to acquisitions to further strengthen this year.
Gillette has reported a significant rise in both quarterly sales in
profits boosted by a series of new product launches. The results
leave it in good shape for the proposed merger with P&G later
this year, reports Simon Pitman.
P&G is building on four years' of solid growth, having revealed
that its most recent quarterly results are continuing the trend and
is pointing to the proposed merger with Gillette as a means of
continuing the current momentum...
Direct sales player Oriflame has announced a significant drop in
its first quarterly profits despite a healthy increase in sales.
The results reflect last year's IPO and refinancing expenses,
reports Simon Pitman.
Estee Lauder has reported a strong first quarter, with profits
rising 23 per cent to $95 million. And like the rash of other
cosmetics companies posting good results in the last week, it is
the international markets outside of the...
Beauty giant L'Oréal has posted its nineteenth consecutive year of
double-digit growth. Battling an economic slowdown and adverse
curency movements, the group's strength in emerging markets and
product launches allowed for...