The figure is expected to be higher than the forecast by JPY200m
The luxury skin care brand will be overseen by John Demsey, Estée Lauder Companies’ Group President
First quarter results saw net sales decline to $270.4m
Strong growth in developing markets helps lift sales at CPL Aromas.
The cosmetics market in the Middle East continues to defy the region’s instability with manufacturers taking advantage of the opportunities provided by Africa
Avon saw "good results from EMEA region, while sluggish performance in Brazil contributed to softer results in Latin America”
The company saw two straight days of hitting a closing high following its IPO in September
The French glass manufacturer has been placed in ‘redressement judiciaire’, which could result in 500 job losses
Romania’s cosmetics producer Farmec Cluj plans to invest 10.7m lei or US$3.2m in new technological lines
The company is expanding sales in emerging markets in Latin America and Asia, which offset the 9% fall in revenue in North America
The company aims to use the new Beauty Campus in Shanghai to grow by about 40% annually and achieve sales in China of KRW3trillion
LG has agreed to pay KRW54.2bn to buy an 86% stake in the Korean cosmeceuticals company
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