Oriflame sales rise but profits hit by higher costs
Direct sales player Oriflame has announced a healthy increase in its quarterly and full year sales, but the results indicate that profit is tailing off against rising costs.
News & Analysis on Cosmetics Innovation
Direct sales player Oriflame has announced a healthy increase in its quarterly and full year sales, but the results indicate that profit is tailing off against rising costs.
Revlon said that a strong dollar had a significant negative impact on its international sales, while poor sales of key brands hit results further.
Consumer goods, including cosmetics, may be one of the few sectors in the UK recruiting more graduates this year when vacancies in general are predicted to fall for the first time since 2003.
L’Oreal has suffered another setback in its long-running legal battle against Bellure, the Belgium perfume makers which sold discount scents on their similarity to big brands.