Beauty brand McPherson’s denies ASIC case over Dr LeWinn sales forecast

ASIC 2023-03-28 9:49 pm By Sam Matthews | Melbourne

Beauty giant McPherson’s has denied ASIC’s claims that it misled the market and breached its disclosure obligations in 2020, arguing that a document showing sales of its Dr LeWinn’s line were down by $21 million was a draft that couldn’t have been used to revise a financial forecast.