Cosmetics maker Revlon Inc posted a 72 percent fall in its fourth-quarter profit, hurt by foreign currency fluctuations and lower sales in two brands. Revlon, controlled by financier Ronald Perelman, posted a fourth-quarter profit of $11.
Ahmed, clad in an elegant black suit, smiles from behind a fine display of cosmetics at a department store in Dubai, but most shoppers glance quickly and dash away, with only a few reaching the cashier.
Shiseido Co, Japan's largest cosmetics maker, may buy distributors in India, Vietnam and the Middle East to boost its sales growth in these emerging markets, the company's top executive said on Thursday.
Cosmetics and perfume company Elizabeth Arden Inc posted a sharply lower second-quarter profit on Thursday, but topped Wall Street's expectations, as sales took a hit from weak demand during the holiday shopping season.
As the wealthy co-founder of eco-friendly cosmetics chain Lush, Mark Constantine also revels in a more controversial role that he says is in line with his environmental creed - financier of anti-aviation activists.
Liliane Bettencourt, the billionaire heiress to the L'Oreal cosmetics empire, lashed out Sunday at her daughter for questioning her right to donate a billion dollars in gifts to a society photographer.