By  on May 26, 2017

MILAN — At a conference here Thursday, Fabio Rossello, president of Cosmetica Italia — the Italian association of cosmetics companies — underscored the features that make the beauty sector attractive for mergers and acquisitions, led by its countercyclical trend that enables it to register positive figures even in difficult economic times.

Beauty companies had global sales last year of 205 billion euros, or $230 billion at current exchange, up 4 percent compared to 2015. Italian companies reported revenues of 10.5 billion euros, or $11.8 billion, up 5 percent on the previous year.

To continue reading this article...

load comments
blog comments powered by Disqus