Elizabeth Arden Q2 results down, lowers forecast for full year
Elizabeth Arden reported that sales growth in the all-important holiday period remained stagnant, forcing the company to downgrade forecasts for the full year.
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Elizabeth Arden reported that sales growth in the all-important holiday period remained stagnant, forcing the company to downgrade forecasts for the full year.
China-based ingredients supplier Fenchem has announced a 10.5% growth in the turnover of its cosmetics division driving total revenue for the business up to $15m.
China authorities have put direct sales player Nu Skin under investigation, following a report in the China newspaper People’s Daily last week that the company has been operating an illegal pyramid scheme.