Revlon Inc reported on Monday a net sales drop for the fourth quarter 2018, but narrowed profit losses, adding that it expects to disclose "material weakness" in its internal control over financial reporting for 2018.
The New York-based cosmetics giant announced on Monday that the special committee formed to evaluate the tender offer made by JAB Holding in February has recommended that the deal be allowed to proceed.
The extreme uncertainty surrounding Brexit and Britain’s future has prompted The Body Shop to relocate a part of its operations from Littlehampton to Frankfurt, Germany with the opening of a new distribution centre.
The Illinois-based cosmetics retailer beat out Wall Street estimates on Thursday to report net sales of $2.12 billion in the fourth quarter, with progress driven by impressive growth in the company’s digital channels.
The classic video game brand has announced a slew of fashion and beauty licenses to celebrate its 35th birthday, with collaborative collections set to launch in the US, Japan and China, as well as worldwide, in 2019.
With millennials leading growth in China’s booming beauty industry, a recent report highlights the steps taken by the classic American cosmetics company to appeal to the Middle Kingdom’s increasingly affluent youth.
According to market intelligence agency Mintel, the Chinese baby health & beauty and skincare market is expected to post an average annual growth rate of 14.5% until 2023, despite a weakening birth rate.