Despite trading in line with expectations in the UK and Asia, hair care manufacturer PZ Cussons has been forced to issue its second profit warning in four months as continuing challenges in Nigeria lead to substantial downgrades.
CosmeticsDesign-Europe.com caught up with Seven Scent's Neil Weaver for an exclusive interview following the company's breakthrough year in which it has established itself in many markets across the world.
PZ Cussons has admitted that trading remains challenging due to higher raw material costs, and tough markets in Europe due to UK input costs, and in Nigeria due to the ongoing elections, and has lowered its expectations for the financial year.
International household and personal care products company PZ
Cussons has is to acquire top UK haircare brand Charles Worthington
in a deal worth up to £37m (€55 m) to the celebrity hairdresser and
his business partner.