Business & Financial

Oriflame hit by euro strength

Oriflame hit by euro strength

Natural cosmetics maker Oriflame has reported a steady increase in
sales for the first nine months of the financial years, although
the most recent quarter bucked that trend, reflecting increased
costs and currency movements in international...

Kanebo drops talks with Kao

Kanebo drops talks with Kao

Kanebo, the second-largest cosmetics maker in Japan after
industry-leader Shiseido, has decided to abandon plans to sell its
core cosmetic unit to Kao. Instead the company is to ask the
Japenese government to help slash its debt in...

Seeing double at P&G

Seeing double at P&G

Procter and Gamble, owner of the Olay, Pantene and Head &
Shoulders lines and recent acquirer of Wella, today announced
healthy Q1 results including double-digit earnings growth for its
beauty and health care segments.

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