PZ Cussons’ profits rise but revenues flat on currency impact
PZ Cussons has reported a rise in annual profits while adverse currency impacts and a lack of liquidity in Nigeria led to a slight drop in reported revenues.
News & Analysis on Cosmetics Innovation
PZ Cussons has reported a rise in annual profits while adverse currency impacts and a lack of liquidity in Nigeria led to a slight drop in reported revenues.
Topline Products Company has acquired Michigan-based Motor City Plastics Company, marking the opening of its first manufacturing facility in the US.
As the US dollar continues to gain in strength against many international currencies, macroeconomic forces could jeopardise the performance of US-based Estee Lauder.
Global personal care player Kao has announced modest group sales growth, with sales for its beauty division actually falling during the first quarter.
India-based FMCG company Dabur India has acquired Hobi Kozmetik, a Turkish manufacturer of personal care products, for $69m (€53m).