Despite former 72-year-old military ruler Muhammadu Buhari returning to power in Nigeria, PZ Cussons, which owns brands including Original Source, Imperial Soap and St Tropez, has seen its Buy rating retained by HSBC.
PZ Cussons boosted by HSBC despite weak Nigerian naira
Currency down around 18% since 2014
You need to be a subscriber to read this article.
Click here to find out more.
Click here to find out more.
You may also like
Skin Care
Puig to fully acquire skin care brand Isdin as it deepens ‘presence in dermocosmetics’
Read morePuig’s acquisition of Corporación Químico-Farmacéutica Esteve’s 50% stake in skin care brand ISDN marks an expansion of its presence in dermocosmetics – a strategic priority for the Spanish beauty conglomerate
Trending Articles
You may also like
Skin Care
Puig to fully acquire skin care brand Isdin as it deepens ‘presence in dermocosmetics’
Puig’s acquisition of Corporación Químico-Farmacéutica Esteve’s 50% stake in skin care brand ISDN marks an expansion of its presence in dermocosmetics – a strategic priority for the Spanish beauty conglomerate
Regulatory
Beiersdorf CEO warns EU cosmetics industry could become ‘overburdened’ with impending regulations
Vincent Warnery, CEO of Nivea-owner Beiersdorf, shared concerns around Europe’s position as a cosmetics industry leader, highlighting how heightened regulations could see beauty ‘become the next auto industry’
Finance
LVMH CEO Bernard Arnault falls out of world’s top 10 richest list amid luxury slowdown
The billionaire Chairman and CEO of luxury giant LVMH no longer sits in the top ten richest people as technology moguls take over, according to the Bloomberg Billionaires Index. This is the first time Arnault has sat outside the top ten since 2017
Fragrance
Estée Lauder Companies on helping acquired ‘indie’ brands thrive as The Ordinary nears $1 billion sales
Estée Lauder Companies’ CEO Stéphane de la Faverie has discussed how a new model under the beauty giant’s ‘Beauty Reimagined’ turnaround efforts has helped fuel the growth of brands such as The Ordinary and Kilian Paris