Archives for February 5, 2004

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European performance boosts Avon profit

Avon Products has attributed its fourth quarter earning and sale growth figures to the company's success in Europe. Sales in the EU rose 30 per cent to €440 million and operating profit rose by 50 per cent. Strong international sales for the quarter...

L'Oreal clarifies shareholder structure

The owners of the Gesparal Holding company, the Bettencourt family and Nestlé, are to become direct shareholders of L'Oréal. The company, which currently owns 53.8 per cent of L'Oreal's Capital and 71.7 per cent of its voting rights, is to be absorbed...

Iron deficiency causes female hair loss

L'Oreal researchers have proven that iron deficiency is a factor in female hair loss, a condition found to affect as much as 10 per cent of women aged 35-60. The SU.VI.MAX study findings might help health and beauty care professionals to devise better...