Cosmetics and perfume company Elizabeth Arden Inc posted a sharply lower second-quarter profit on Thursday, but topped Wall Street's expectations, as sales took a hit from weak demand during the holiday shopping season.
Shiseido Co, Japan's largest cosmetics maker, may buy distributors in India, Vietnam and the Middle East to boost its sales growth in these emerging markets, the company's top executive said on Thursday.
International Flavors & Fragrances Inc posted better-than-expected fourth-quarter results on Thursday, helped by higher prices and strong growth in the Asia. Net income rose to $49 million, or 62 cents a share, from $47.
She's called the "recessionista" and she delights in spending $70 (62 pounds) rather than $700 on a cashmere cardigan or $1 to make a kiwi fruit face mask instead of shelling out $100 for a session at a trendy day spa.
As the wealthy co-founder of eco-friendly cosmetics chain Lush, Mark Constantine also revels in a more controversial role that he says is in line with his environmental creed - financier of anti-aviation activists.
Exclusive talks between IT Holding SpA (ITH.MI), which owns fashion label Gianfranco Ferre, and China's Mensun Ltd over an asset sale have been extended beyond a December 31 deadline, a source close to the situation said.
Liliane Bettencourt, the billionaire heiress to the L'Oreal cosmetics empire, lashed out Sunday at her daughter for questioning her right to donate a billion dollars in gifts to a society photographer.