News & Analysis on Cosmetics Innovation
In answer to reports in the German press that Berlin Cosmetics is closing down, the company has quashed the rumours by confirming that its manufacturing facility will be shifted to Cologne, where the company is currently headquartered.
Swedish direct sales player Orilfame has announced a significant increase in its quarterly sales and profits to June 30 on the back of a 41 per cent rise in local currency sales in the CIS and Baltic region.
Having confirmed its merger with Alliance Unichem at the end of July, newly named Boots Alliance says it is eyeing further expansion of its cosmetic lines in retail outlets throughout the US.