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...
French luxury consumer group LVMH has reported double growth in its
overall sales for the first six months of the year, backed up by an
impressive 80 per cent leap in profits for its perfumes and
Once dismissed as a fad, edible cosmetics are starting to make
their mark on the global market as an increasing number of launches
hone in on consumer desires for natural ingredients that often
happen to cross into the realms of the...
Following a flurry of activity that saw its shares rocket this
week, Colorado-based personal care provider OraLabs has confirmed
that it is selling up to a Chinese investment company, turning the
company private again.
With exports of cosmetic products from China expected to rise 20
per cent during the course of 2006, China is rapidly emerging as a
world-wide hub for the cosmetics industry. But challenges for this
burgeoning industry are on the...
Although sales are still growing strongly, Estee Lauder has posted
a 27 per cent drop in its net income after being impacted by
restructuring charges. But the company says that it is terrorism
threats that could pose a significant...
Swedish direct sales player Orilfame has announced a significant
increase in its quarterly sales and profits to June 30 on the back
of a 41 per cent rise in local currency sales in the CIS and Baltic
Unilever announces second quarter results showing that it has
maintained its steady growth of late, but the questions remains
whether it is enough to remain competitive against major rival
Procter & Gamble.