Postal service provider Poste Italiane SpA reported a 12 percent year-on-year fall in first-quarter operating profit on Wednesday, due to lower capital gains from government bond sales and higher costs.
It was another sluggish week for John Lewis Partnership in the seven days to May 4 as overall sales fell 2.5% to £214.66 million. And the John Lewis department stores chain didn’t do any better with a drop of 2.6%.
The flavoring and fragrance producer saw a 39% increase in net sales in the first quarter of 2019, thanks to the contribution of its recently acquired Frutarom business and strong progress in its fine fragrance segment.
Swiss group Givaudan, the world's number one fragrance and aroma manufacturer, has finalised the acquisition of French company Albert Vieille, specialised in natural ingredients for perfumery and aromatherapy.
Brazil cosmetics company Natura intends to invest up to $5 million in new brands in beauty and wellness segments in Europe and the United States through venture capital funds, executives said on Friday.
Luxury-focused digital publisher Buro.Global has named Kate Stephens as Editor-in-Chief and Global Editorial Director of its Buro 24/7 product, “signalling a new era for the luxe-tech destination” ahead of its UK debut.
MySale Group has finally made its mind up what it will do with the UK-based Cocosa operation - it’s selling it. The company has entered into an unconditional agreement to sell the website to Brandalley.