News & Analysis on Cosmetics Innovation
Natural cosmetics maker Oriflame has reported a steady increase in sales for the first nine months of the financial years, although the most recent quarter bucked that trend, reflecting increased costs and currency movements in international markets.
US-based multinational Revlon has announced a decline in sales of 7 per cent for its third quarter. As well as trying to trying to refinance its growing debts, the company is also struggling to hold on to its costumers.
Although ethnic personal care in the UK, US and South Africa has experienced steady growth in recent years, it has failed to live up to early expectations. A recent report highlights that steady market growth will continue, but that penetration is...