Shares in Italian jeweller Damiani SpA fell on Monday 15 June after the release of its full-year results on Friday 12 June, which showed a swing to a loss and a 14 percent fall in revenues, hit by weak economic conditions.
Italian retailer Gruppo Coin SpA's first-quarter results were flat as cost cuts offset weak sales, the company said on Wednesday 10 June. Net profit for the quarter ended April 30 was unchanged at 800,000 euros ($1.13 million).
L'Oreal sees the world cosmetics market flat or growing slightly this year and is forecasting the group's trading to improve in the quarters ahead, the French beauty products giant said on Thursday 4 June.
The desire to look one's best has been a human obsession since the dawn of time, and the seeds of today's cosmetics industry were sown in antiquity, an exhibition on the history of personal grooming shows.