PARIS — Groupe Clarins said Thursday that its full-year consolidated operating margin should be lower than in 2001, when it was at the 9.2 percent level, because of "the difficult economic situation marked by very poor visibility and with no signs of recovery."

However, it maintains that the sales of its cosmetics division will grow faster than the market.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus