Dollar Tree Inc shares touched a new year-high after the retailer posted a higher quarterly profit and raised its forecast for the year, buoyed by shoppers who headed to its stores for rock-bottom prices.
Beiersdorf have placed James Wei at the top of its group’s cosmetics activities in China, Thailand, Indonesia, South Korea, India and Singapore. The business will rely on him to develop its activity in Asia.
Cosmetics maker Revlon Inc said it would eliminate 400 positions worldwide as it seeks to reduce costs, and expects second-quarter results to be hit by retailers cutting inventory levels and foreign currency fluctuations, sending its shares down 15%
Sales at Italian department store chain Gruppo Coin SpA fell slightly year-on-year in the three months to April, as rain kept customers at home, although the trend changed in May, its top executive said on Monday 25 May.
As the economy gets ugly, droves of out-of-work Australians, male and female, are finding a career in beauty really pays. Avon, the largest direct selling beauty company in the world, has recruited more than 7,000 door-to-door saleswomen -- and men -- in February alone.
Shiseido is entering phase two of its strategy for global development; the launch of a new line of make-up reflects the desire of the Japanese brand to underline its capacity for innovation and to further its influence at home and abroad.