Direct sales player Oriflame has announced a significant drop in
its first quarterly profits despite a healthy increase in sales.
The results reflect last year's IPO and refinancing expenses,
reports Simon Pitman.
Avon raises its earnings forecast and announces new cash management
and tax strategies that will see more of the US-headquartered
company's international earnings remain offshore, taking advantage
of overseas sales and profits...
Number one flavour and fragrance house reports a drop in sales for
the second quarter, hit by a slip in European and North American
sales. International Flavors & Fragrances had expected sales to
increase by 5 per cent on 2002,...
Avon Products, a world leader in direct selling of beauty and
related products, today said it expects sales and earnings per
share in the second quarter and full-year 2003 to increase in line
with preliminary estimates.