News & Analysis on Cosmetics Innovation
L’Oréal's second quarter results have underlined the fact that regional sales are most sluggish in the North American market. And while the performance in the Latin American market looks far brighter, currency translation is taking its toll.
Procter & Gambler has revealed that its net sales slipped 1% in the fourth and final quarter of the year, capping off a challenging year, with the company now set on a major brand portfolio shake up.
Following a financial year where Procter & Gamble has seen its sales continue to slide, the company has announced that it will slash the size of its product portfolio by more than half in an effort to make the business more efficient.