Direct sales giant Avon has posted a seven percent drop in its
third quarter net profit. A continued lull in US sales was further
exacerbated by the impact of increasing fuel costs due to Hurrican
Katrina - a problem that the company...
Elizabeth Arden is standing by its earnings expectations for the
financial year, despite early signs that cosmetics manufacturers
are in for a rough ride as economic conditions continue to look
doubtful.
Reflecting economic uncertainties both Avon and Estee Lauder have
reduced their earnings expectations for financial year. The
continued rise in oil price is hitting manufacturing costs, while
the resulting economic uncertainty is...
