COSMETICS
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Razvan Diratian Put In Charge Of Operations In One Of Avon’s Top Five Countries
Razvan Diratian, the Romanian executive who runs the operations in Romania and the Republic of Moldova of Avon, the largest local cosmetics company, will become chief executive of Avon Phili...
Farmec Diversifies Business From Production To Distribution
Local cosmetics producer Farmec based in Cluj-Napoca has budgeted growth of 10% in revenue, which means its revenue is headed towards EUR50 million. The company plans to open stores of its o...
The Body Shop: 2017 Started Unusually Well
Cosmetics retail chain The Body Shop, which has been in Romania for about 18 years, has budgeted double-digit growth for this year, the highest growth in the last few years.
Razvan Diratian, Avon: Romania’s Cosmetics Market Reaches Some EUR1.2-1.3B
Romania’s cosmetic products market reached nearly EUR1.2-1.3 billion, according to Razvan Diratian, the Romanian executive running the Avon business, a company with a 10% share in total sale...
Yves Rocher Buys Romanian Franchisee’s Retail Chain
French-held cosmetics group Yves Rocher is entering local retail after having tested the market via the franchising system, following in the footsteps of Sephora, Zara and Mango.
Rucsandra Hurezeanu, Ivatherm: I’ve Been Courted By Investment Funds And An OTC Manufacturer
Investment funds and strategic investors came to buy cosmetics manufacturer Ivatherm but its owner, Rucsandra Hurezeanu, says she decided not to sell because now she has the freedom to run t...
Farmec Plans To Grow Retail Business To 60 Stores In Five Years
Cosmetics manufacturer Farmec Cluj Napoca will reach eight stores in Romania (three Gerovital and five Farmec stores) this year, as part of the strategy to develop its own retail network, fo...
Ivatherm Will Be Present In 15 Countries By Year-End – Rucsandra Hurezeanu, Founder
Romanian dermo-cosmetics producer Ivatherm will be present in 15 countries by the end of the year, after it exported to 5 countries in 2015, Ivatherm founder Rucsandra Hurezeanu told a confe...
Top Three Cosmetics Retailers In Romania Have A 17% Market Share, From 50% In Hungary
Cosmetics retailers have a 27.6% market share in Romania, while the market share of the top three cosmetics retailers by sales stands at 17%; thus Romania is outranked by Hungary, Poland and...