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2 Min Read | Barcelona-based Eurofragrance, a company that specialises in fragrance design and production of fragrances for perfumery, personal and homecare products, has strengthened its position in the U.S. market by acquiring a major shareholding in Fragrance Design LLC,…
Continue reading2 Min Read | SEOUL, Korea — French cosmetics group L’Oréal SA has been picked as the preferred bidder to buy 70 percent of South Korean fashion and cosmetics firm Nanda, in a deal estimated at 400 billion won ($375 million),…
Continue reading3 Min Read | British luxury brand Burberry (BRBY.L) has agreed to license its fragrances and cosmetics business to Coty (COTY.N) for $162 million, plus a $63 million payment for inventory, in a deal that will help it develop new…
Continue reading3 Min Read | Executives do little to tout the cosmetics brand, though it’s well-suited for retail’s future. Macy’s Inc. can’t catch a break these days. Even when it delivered improved holiday sales results in January, investors sold its shares,…
Continue readingBERLIN, Feb 22 (Reuters) – German consumer good company Henkel reported a strong performance in its adhesives business on Thursday, although the producer of Schwarzkopf haircare products saw falling beauty sales and gave a cautious outlook for 2018. What is…
Continue reading2 Min Read | SEOUL (Reuters) – South Korean cosmetics and pharmaceuticals contract manufacturer Korea Kolmar Co (161890.KS) beat out private equity firms for a deal to buy domestic health foods and drugmaker CJ HealthCare for $1.2 billion, sending its…
Continue reading8 Min Read | An audience of mostly middle-aged women has put the shopping channel behind only Amazon and Walmart in online sales. Amazon hadn’t just invaded the home turf of the home-shopping channel QVC. As it has done with…
Continue reading2 Min Read | Jan Zijderveld to succeed Sheri McCoy at cosmetics seller Avon seeking to build international business after London move Avon Products Inc. named its first male chief executive officer in almost two decades, appointing Unilever veteran Jan…
Continue reading1 Min Read | JERUSALEM, Feb 4 (Reuters) – * Israeli flavours and ingredients maker Frutarom Industries Ltd said on Sunday it bought 100 percent of Israeli Biotech Research (IBR) for $21 million in a deal financed through bank debt….
Continue reading2 Min Read | New Avon LLC (Avon), established in March 2016, is making a strategic expansion into the Health and Wellness market with the launch of Espira; their new range of nutritional supplements. Avon’s move was signaled last year…
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