The beauty firm said a sharp decrease in income was because of foreign currency effects on intercompany loans.
— July 29, 2016
Net income was dented by nonrecurring items linked mainly to the goodwill impairment for the Clarisonic and Magic brands.
— July 28, 2016
The Japanese beauty company’s profit was boosted by increased sales of its consumer products in Asia and the decreased cost of petrochemical raw materials.
The brand is expected to post $80 million in net sales this year, according to industry sources.
— July 27, 2016
Montblanc and Jimmy Choo drove sales increases at Interparfums SA.
— July 25, 2016
The brand is said to be on track to do $400 million in sales for 2016.
— July 22, 2016
The LVMH Moët Hennessy Louis Vuitton-backed fund has bought a minority stake in the beauty company, which is planning to go public later this year.
— July 21, 2016
The Anglo-Dutch company’s first-half profits were up 2 percent.
The deal should give the business better access to raw materials for its cosmetics business.
— July 20, 2016