Avon completes refinancing plan in bid to balance the books
Avon Products has announced that it has completed refinancing activities in a bid to manage its large debt and improve the health of its balance sheet, which has been through a torrid time.
News & Analysis on Cosmetics Innovation
Avon Products has announced that it has completed refinancing activities in a bid to manage its large debt and improve the health of its balance sheet, which has been through a torrid time.
According to the market researcher’s global new products database (GNPD), demand for dry shampoo is building momentum in Europe with the UK leading the way, where nearly a quarter (23 per cent) of women are invested in the segment.
The professional channels and perfume shops in Italy may have hit hard times, but the Italian cosmetics market in general has pushed on despite the recession, according to the Italian cosmetics association.
Reed Sinopharm Exhibitions claims that visitors numbers for the first day of the event were up 42 percent and packed aisles were a testament to this claim.