05 - 06 June 2024 in Munich CosmeticBusiness



02/05/2024 CosmeticBusiness

Things Continue to Look up for the beauty alliance

The Perfumery Association Significantly Increases Its Annual Net Profit

beauty alliance Germany closed the 2023 financial year with a 23.9 per cent increase in profit. According to the perfumery association, its annual net profit grew from 10.9 million euros in the previous year to 13.5 million euros. Optimised internal processes, economical budget management and the use of new stationary and online growth areas reportedly contributed to this result. A positive sales trend in bricks-and-mortar retail was also a growth factor. According to the alliance, the year-on-year increase in online sales was 16.8 per cent. Further information …

Source: @campaign_creators
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