Business & Financial

Avon shapes up

Avon shapes up

Direct cosmetic seller Avon Products has benefited from favourable
'currency tailwinds' in the third quarter as well as strong sales
in the US, keeping it well on track to meet, or exceed, its
financial targets. Sales for...

P&G closes Wella deal

P&G closes Wella deal

Consumer products group Procter & Gamble has closed a €4.65
billion deal to purchase hair care and beauty company Wella. In
agreement with the tender offer launched at the end of April this
year P&G will purchase the additional...

Sales dip for IFF in Q2

Sales dip for IFF in Q2

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,...

Sales slip for L'Oreal

Sales slip for L'Oreal

French beauty giant L'Oréal sees a drop in consolidated sales for
the first half of 2003 to €7.14bn, reflecting a drop of 3.2 per
cent. But company remains confident that on target for annual
objectives.

P&G gets green light from US

P&G gets green light from US

Procter & Gamble Germany has had the green light from US
regulatory body to proceed with its acquisition of Wella. The
company will continue to pursue the necessary regulatory and
governmental approvals in other major markets...

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