It has been a busy time for Procter & Gamble with the brand divestment to Coty and the announcement of its new CEO and this all acts as evidence that the company is shifting its focus away from Beauty, according to market research firm Euromonitor International.
The L’Oréal boss says he expects a positive second half of the year after Western Europe and North America continued their improvement and the company sees ‘significant growth’ in 2015.
We all love finding a bargain and with a new generation of savvy shoppers hitting the aisles it is important for manufacturers to offer good value and promote their products through beauty and lifestyle bloggers.
Procter & Gamble has announced a disappointing set of financial results as sales drop for the sixth consecutive quarter and profits take a massive hit on unfavourable currency exchange and Venezuela charges.
Avon Products revealed that revenues for the current quarter slipped by 17% as the company continues to do battle in the face of a strong US dollar that is impacting its international business.