The Swedish cosmetics group Oriflame has said its first quarter 2008 group sales are well above expectations in most markets following successful product launches, timing of catalogues and the Easter holiday. The company has decided to increase its sales forecast for 2008 as a whole to "well above 10%" in local currency terms. The operating margin is expected to improve despite problems with exchange rates.
Oriflame says results exceed expectations
The Swedish cosmetics group Oriflame has said its first quarter 2008 group sales are well above expectations in most markets following successful product launches, timing of catalogues and the Easter holiday. The company has decided to increase its sales forecast for 2008 as a whole to "well above 10%" in local currency terms. The operating margin is expected to improve despite problems with exchange rates.
You may also like
Ingredients
A forgotten ancient marine material is entering modern skincare
Read moreOnce transformed into sea silk and prized among the Mediterranean's luxury materials, byssus has largely disappeared from modern material culture. Seastex is bringing it back in an unexpected form. Byssup™ transforms responsibly sourced mussel byssus into a natural marine protein powder for cosmetic innovation. With its own newly recognised INCI name, could this ancient biomaterial become beauty's next niche ingredient?
Trending Articles
-
You need to be a subscriber to read this article.
Click here to find out more. -
You need to be a subscriber to read this article.
Click here to find out more.
You may also like
Ingredients
A forgotten ancient marine material is entering modern skincare
Once transformed into sea silk and prized among the Mediterranean's luxury materials, byssus has largely disappeared from modern material culture. Seastex is bringing it back in an unexpected form. Byssup™ transforms responsibly sourced mussel byssus into a natural marine protein powder for cosmetic innovation. With its own newly recognised INCI name, could this ancient biomaterial become beauty's next niche ingredient?
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Research & Development
Lady Gaga’s latest beauty venture is skin health research firm Outer Bio
The singer and Haus Labs founder has silently sat on start-up Outer Bio’s board of directors until now, unveiling Yuna on her Instagram – an ex vivo human-skin platform that enables skin to stay alive, and stay measurable, for four weeks
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
Body Care
Jules von Hep joins Solskin’s board to help grow the UK self-tan brand
The tanning expert and Pure Beauty Awards judge will advise three-year-old Solskin on scaling the business. Von Hep’s appointment to Solskin’s board marks his return to tanning since departing his own brand, Isle of Paradise, last year