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2 Min Read | (Reuters) – Brazilian personal care cosmetics maker Natura & Co Holding SA on Friday named Executive Chairman Roberto Marques as group chief executive officer after closing its acquisition of Avon Products Inc. Jan Zijderveld, Avonβs Chief…
Continue reading1 Min Read | SAO PAULO (Reuters) – Brazilian cosmetics firm Natura&Co is still facing challenges in Hong Kong, where both Body Shop and Aesop brands have been affected by months of violent protests, and does not expect the situation…
Continue reading2 Min Read | ZURICH (Reuters) – Swiss flavor and fragrance maker Givaudan said it was buying U.S. Ungerer & Company for an undisclosed sum as part of its long-term growth strategy. Givaudan said Ungerer, which employs 650 people, would…
Continue reading2 Min Read | (Reuters) – Coty Inc reported quarterly profit above Wall Street expectations on Wednesday, helped by increased demand for its high-margin Hugo Boss, Burberry and Gucci fragrances, sending its shares up more than 17%. The company has…
Continue reading2 Min Read | The relationship between celebrities and cosmetics is nothing new. However, it seems that we have entered a new era. Itβs easy to assume that celebrities will just slap their name on any old product to make…
Continue reading2 Min Read | (Reuters) – Coty Inc is exploring the sale of its business unit that houses hair and nail care brands such as Wella, Clairol and OPI as part of its plan to whittle down its portfolio and…
Continue reading2 Min Read | ZURICH (Reuters) – Fragrance and flavor maker Givaudan confirmed its mid-term guidance on Thursday after sales rose 6.4% on a like-for-like basis in the first nine months of 2019, helped by price increases at its fragrance…
Continue reading3 Min Read | Shiseido Co. agreed to buy skincare brand Drunk Elephant for $845 million as the Japanese beauty company seeks to appeal to younger consumers in the U.S. The deal for Drunk Elephant Holdings LLC wonβt have a…
Continue reading3 Min Read | The CBD-beauty investment space is heating up. LB Equity, an investment firm focused on emerging brands in the beauty and personal care sectors, recently announced its investment in cannabis-infused beauty brand Herb Essentials. LB Equity launched…
Continue reading1 Min Read | PARIS (Reuters) – Cosmetics maker LβOreal said on Friday it had reached a settlement with French tax authorities regarding three of its subsidiaries, including one linked to its luxury Lancome brand, resulting in… What is Beauty…
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