The founders of Swedish beauty products company Oriflame have made an offer to buy out the shares in the company that they do not already own, valuing the company at 12.9 billion crowns (1.03 billion pounds).
Swedish cosmetics maker Oriflame said on Wednesday it would pay no dividends in the next four quarters because uncertainty remained in its key markets, despite posting fourth quarter earnings slightly higher than expe...
Swedish cosmetics firm Oriflame posted third-quarter earnings above market forecasts on Tuesday and said it had managed to offset most of the impact from currency headwinds with price increases and cost savings.
Swedish cosmetics firm Oriflame plans to sell a lipstick factory in Russia as it moves to consolidate production in one location in the country, a real estate consultant and the company said on Tuesday.
Swedish beauty company Oriflame has announced a sponsorship agreement with Caroline Wozniacki, the world’s number 1 women’s tennis player. Caroline will appear in Oriflame advertising campaigns and catalogues.
Swedish foreign ministry officials met with Iran's ambassador in Stockholm over the shutdown of cosmetics firm Oriflame's Tehran office and the arrest of five of its employees there, a spokeswoman said Wednesday.