Currency translations hit Oriflame’s fourth quarter
Swedish direct sales company Oriflame has announced a 14 per cent increase in its fourth quarter local currency sales, but negative currency translations take the shine off.
News & Analysis on Cosmetics Innovation
Swedish direct sales company Oriflame has announced a 14 per cent increase in its fourth quarter local currency sales, but negative currency translations take the shine off.
The Global Canopy Foundation has referred to the personal care industry as a frontrunner in its Forest Footprint Disclosure review and noted L'Oreal as 'best performer'.
Switzerland-based Verdan, a supplier of natural crystal deodorant products to the cosmetics industry, has expanded its portfolio with the launch of natural potassium alum powder.
The Welsh Assembly Government is supporting an investment of £7m (€7.94m) in a personal care factory, which is expected to create 200 jobs in South Wales.
Gerresheimer expects pharmaceutical packaging sales to grow but says performance of “cyclical” cosmetics and life science businesses is more difficult to predict.