Currently reviewing the possibility of a sale, Revlon announced declining revenues and widening losses for Q3 on Friday, as weaknesses in its North American business took their toll on the company’s top line.
The Denton, Texas-based professional beauty supplies retailer announced a 25% increase in fourth-quarter earnings on Thursday, ending fiscal 2019 on a high note and hitting its full-year financial targets.
Following a surprise loss in Q1, the cosmetics brand announced strong year-over-year improvements in both sales and earnings for the second quarter on Wednesday, as the company’s restructuring efforts begin to pay off.
A new study predicts that the global K-beauty market will be worth $21.8 billion within the next six years, as increased interest in organic ingredients and innovative skincare drives consumers towards the growing trend.
Avon Products, Inc. has announced decreases in its third-quarter revenues and income, as measures taken as part of the company’s ongoing “Open Up” turnaround strategy took their toll on its operational results.
Under pressure to reduce environmental waste from single-use containers, major consumer companies including Procter & Gamble Co, Unilever Plc and The Body Shop are rolling out more products in refillable form.
In a surprise move, luxury department store Harrods has announced that it will open its first standalone store outside of London next spring with a specialist beauty unit at Intu’s Lakeside shopping centre in Essex.