Slap happy
Article Abstract:
The human desire to look beautiful has made the cosmetics industry a worldwide success. Propped up by heavy marketing campaigns, the global skin care and cosmetics business is estimated to be worth $70 billion annually. In the UK, the market is worth 4.8 billion pounds sterling per year, with Body Shop leading the way. The first chain devoted to beauty products and cosmetics, it has 256 shops in the UK and 1,491 around the world. However, several others, including Boots' Natural Collection, Marks and Spencer, and Virgin Vie, are vying for the top position occupied by Body Shop. Worldwide, the leader is France's L'Oreal, followed by Procter and Gamble, Unilever, Shiseido and Estee Lauder. Growth in the industry is achieved mostly via acquisitions. Over the years, L'Oreal has acquired Ralph Lauren, Gloria Vanderbilt, Helena Rubenstein, Jeanne Lanvin, Jade and Maybelline.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
Ball-points at dawn
Article Abstract:
Disagreement among members of a corporate board can only be expected since it is usually comprised of highly intelligent and highly ambitious people. In fact, a certain degree of disharmony within the board can be good for a company because it can serve as a source of energy and revitalization. Suppressing conflicts can be counterproductive, particularly among the British who tend to avoid arguments until a disagreement reaches its boiling point. However, there is a fine line separating creative tension and a serious boardroom battle. Serious conflicts are often caused by either the issue of succession or differences in strategy. The former is the cause of the boardroom conflict at Marks & Spencer, while the latter is behind the squabbles at Barclays.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Tempted by Thailand?
Article Abstract:
The experience of a stress-free vacation in Thailand is different from living and working there. An internal transfer or working as a freelance consultant, as well as learning the visa requirements, the culture of the people and work ethic are of immeasurable help.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: A helping hand. Mastering the art of funding. Red in the face
- Abstracts: Support services. Banking on a good deal. Connaught
- Abstracts: The margin of safety. Scales tip in the right direction. Making luxuries pay
- Abstracts: Taxing times for banks. Banks look to international stage. Euro banks on a roll
- Abstracts: Kahlua Shape Write Display. Contempo Design Inc