Oriflame Q3 results below market expectations
Swedish direct sales group Oriflame has announced a strong set of third quarter results, although profits did come in below some market expectations.
Archives for October 26, 2005
Tesco launches two no frills ranges
Tapping into a slowing retail market in the UK, Tesco has launched a ski and a cosmetics range both aimed at providing value-added products free of frills and fancy packaging.
P&G poised to become biggest player in the UK
Procter & Gamble will become the biggest player in the UK cosmetic and toiletry markers once its merger with Gillette is complete, over-taking current market leader Unilever. But it may not be a smooth path ahead, a market report warns.
EU changes animal by-products guidance
The EU has produced an updated report on its guidance for the use of animal by-products. Currently the ruling does not apply to cosmetic products and packaging, but if the report is heeded, the ruling looks set to change that.