The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
OHIO, United States — Procter & Gamble Co beat Wall Street estimates for quarterly revenue on Tuesday, powered by demand for its premium beauty brands such as SK-II and Olay, as well as healthcare products.
Net income attributable to the company rose to $3.59 billion, or $1.36 per share, in the first quarter ended 30 September, from $3.20 billion, or $1.22 per share, a year earlier.
Net sales climbed 6.6 percent to $17.80 billion, beating analysts' average estimates of $17.42 billion, according to IBES data from Refinitiv.
By Soundarya J; editor: Bernard Orr
Guerlain really wants to win this game.
The battle for exclusive international beauty launches is intensifying as Nykaa, Tira and more set their eyes on expansion.
As in-person retail continues to recover, store owners and marketers are working hard to press the main advantage analogue shopping has over digital: its appeal to all the senses.
What had once been a nimble, innovative company, Neutrogena became slow-moving and cautious. It retreated precisely when rivals went all in – and missed out on a big chunk of the market.