Shiseido drops forecasts due to weaker domestic performance
A significant drop in profit and weaker domestic sales in the first nine months of 2010 has led Japanese-headquartered Shiseido to lower its forecasts for the full year.
Archives for February 1, 2011
Tupperware beauty sales and profits up although US suffered
Fourth quarter sales and net income for the beauty business of the Tupperware group was up on last year but its US operations still recorded a drop in sales.
Q-Med says higher costs may hit future profitability
Q-Med, the Sweden-based manufacturer of anti-ageing products that is currently in take-over talks, warned that rising marketing and development costs are likely to hit future profits.