January 14, 2010

Beiersdorf Profit Drops 33% as Recession Hits Beauty Products - Bloomberg

Jan. 12 (Bloomberg) — Beiersdorf AG , the German maker of Nivea skin creams, said 2009 profit fell about 33 percent as sales of beauty products and adhesive tapes slumped in the economic crisis. Net income dropped to 379 million euros ($550 million Read more

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