Company officials attribute the success to increasing its market share and expanding its Ultamate Rewards loyalty program to nearly 36 million members.
Gen Z shoppers are ready to spend on cosmetics and personal care products because they want to dress up and socialize this holiday season, says Accenture.
Jean Madar, chairman and CEO, said the addition of new brands including Ferragamo, Donna Karan and DKNY will be critical drivers to the top line growth.
The group is launching a share repurchase plan of up to $1.5 billion reais and is evaluating switching its primary listing to the New York Stock Exchange.
With employees back on job sites, personal hygiene is back in the spotlight. That’s good news for antiperspirant and deodorant, and oral care marketers.
The personal care giant demonstrated responsiveness to meet the needs of stakeholders in the face of evolving marketplace dynamics as a result of Covid-19.