Archives for May 12, 2005

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Gillette deal comes under fire again from US senator

Two weeks after settling the first subpoena bought about by Massachusetts Secretary of State William Galvin, the senator is again knocking at Gillette's door, this time trying to contend that the razors and personal care giant did not supply...

Increased expenses hit Intern Parfums profits

Inter Parfums has reported that in its first quarter ending March 31, net earnings dropped nearly 8 per cent following increased expenditures relating to both royalties and marketing, reports Simon Pitman.

Kanebo delisted from Japanese stock exchange

The Tokyo Stock Exchange has ordered that Japanese household goods maker Kanebo be delisted following company executives' attempts to inflate last year's sales figures, reports Simon Pitman.