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But CEO Brännström pleased with development in growth markets.
August 13, 2015
By: TOM BRANNA
Editor
For the three months ended June 30, 2015, Oriflame’s sales were down 3% to €301.0 million ($334.5 million) and for the first half of the year, sales fell 5% to €608.9 million ($676.7 million), according to the Swedish beauty company. “We are pleased with the development in our key growth markets in Latin America, Turkey, Africa & Asia contributing with 48% of the total group sales during the second quarter,” said CEO Magnus Brännström. “The strong growth in China continues and is now an in...
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