Jonas af Jochnick, co-founder of Switzerland-based cosmetics giant Oriflame, has declined re-election and will step down from the board of directors after serving as a director since the founding of the company in 1967. “After 50 years it is time for me to leave the Board and provide room for a new generation,” said Jochnick. […]

Oriflame Cosmetics, a Switzerland-based seller of beauty products, has reported financial results for the fourth quarter and full year ended December 31, 2017. For the three months ended December 31, local currency sales increased by 14 percent, slightly impacted by positive timing. Euro sales increased by 7 percent to €380.1 million (€355.1 million). The number […]