The boss of global beauty giant Avon has vowed not to hit customers with high price hikes, despite soaring global costs and efforts to tackle the UK’s lorry driver crisis.
Angela Cretu, Avon International’s global chief executive, said cost pressures are mounting worldwide and cautioned they are unlikely to ease for some time.
Read the full article on The Independent website
NAM Implications:
- It’s called managing expectations, folks!
- i.e. anticipate moderate price rises…?
