Coty ponders IPO as next move - Two days after withdrawing its $10.7bn takeover bid for Avon Products, US cosmetics and fragrance giant Coty has hired underwriters for an initial public offering (IPO), The New York Times reports.
Read More • Thursday, May 17, 2012
Avon hits back at Coty - Avon Products Inc. has commenced a war of words with US beauty giant Coty, after it withdrew its $10.7bn takeover offer to acquire the US direct seller.
Read More • Thursday, May 17, 2012
Coty backs off Avon deal - US perfume & cosmetics giant Coty has withdrawn its $10.7bn offer for Avon Products Inc.
Read More • Tuesday, May 15, 2012
Richmont Holdings to acquire Avon? - Private company Richmont Holdings is rumoured to be arranging financing to make a bid for Avon Products Inc, Bloomberg reports.
Read More • Tuesday, May 8, 2012
Skin care drives Lauder Q3 profit - Estée Lauder Companies has posted healthy third quarter results, driven by sales gains across all its regions, particularly in skin care.
Read More • Friday, May 4, 2012
Liz Earle ceo steps down - John Buckland, ceo of UK natural beauty brand Liz Earle (Avon) is leaving the company to pursue other interests.
Read More • Wednesday, May 2, 2012
L'Oréal buys Cadum - L'Oréal buys French baby brand Cadum for €200m.
Read More • Monday, Apr 30, 2012
Birchbox moves into men's market - Beauty sampling site Birchbox.com is opening up to men, although the subscription will be a little pricier.
Read More • Friday, Apr 27, 2012
Darcey Bussell brings aplomb to The Sanctuary - PZ Cussons-backed brand The Sanctuary is looking to re-connect with its core customers after signing Darcey Bussell, former principal ballerina with The Royal Ballet as the face of its new anti-ageing line, Active Reverse.
Read More • Thursday, Apr 26, 2012
BBW hits international expansion trail - Retail sisters Bath & Body Works and the Victoria’s Secret Beauty & Accessories division are planning to more than double their international presence in 2012.
Read More • Wednesday, Apr 25, 2012
Nocibé ventures into own label - In May, France’s third-largest perfumery chain, Nocibé, will launch its first own-brand make-up range, comprising over 200 products, alongside an own-brand bath range with 160 products.
Read More • Tuesday, Apr 24, 2012
Douglas/LVMH tie-up rumour mooted - The share price of Douglas shot up last week after allegations that luxury goods giant LVMH was interested in the perfumery chain were published.
Read More • Monday, Apr 23, 2012
Let's Move marks new era for Benetton brand - Perfume Holding has introduced a new United Colors of Benetton men’s fragrance that is said to mark a new era for the brand.
Read More • Friday, Apr 20, 2012
Perfumania completes Parlux purchase - Speciality fragrance retailer Perfumania Holdings has completed its acquisition of Parlux Fragrances, Inc.
Read More • Thursday, Apr 19, 2012
Avon takes to the dance floor - A new partnership between BBC Worldwide Consumer Products and direct sales giant Avon will see the launch of a fragrance line for hit TV show Dancing with the Stars – the global brand of Strictly Come Dancing.
Read More • Wednesday, Apr 18, 2012
Lush makes fresh bid to end animal testing - Animal rights group Humane Society International (HSI) and British fresh cosmetics brand Lush Cosmetics have joined forces in what is described as the largest-ever global campaign to end animal testing for cosmetics.
Read More • Tuesday, Apr 17, 2012
Coty reaffirms interest in Avon purchase - US beauty giant Coty has reaffirmed its interest in acquiring direct sales company Avon in a letter addressed to Andrea Jung, the company’s chairman and ceo.
Read More • Monday, Apr 16, 2012
Emerging markets drive strong Q1 for L'Oréal - L'Oréal's Q1 revenues reflect a promising start to the year, rising 9.4 per cent to €5.64bn.
Read More • Friday, Apr 13, 2012
PBA slams DTSC nail polish study - The US Professional Beauty Association (PBA) has hit back at a recent report which criticises several nail polish brands for falsely declaring that they do not contain harmful toxins.
Read More • Wednesday, Apr 11, 2012
OFT warns athletes against Twitter plugs - A number of British Olympians have come under fire recently for using Twitter to promote products without highlighting their relationship with these brands, The Daily Mail reports.
Read More • Tuesday, Apr 10, 2012
J&J's McCoy takes top job at Avon - Avon Products has appointed former vice chairman of Johnson & Johnson Sheri McCoy as ceo.
Read More • Monday, Apr 9, 2012
Golden Sun buys Henkel brands - Golden Sun Inc. (Brynwood Partners) has acquired the rights to L.A. Looks, Dep Sport, Zero Frizz and Thicker Fuller Hair hair care, Soft & Dri deodorant and the Pure & Natural hand and body soaps from Henkel.
Read More • Thursday, Apr 5, 2012
Kao pioneers 'cosmetics café' to target teens - To tempt young people into buying more of their cosmetic brands, Kao Corporation is adopting a new sales approach in Shibuya, a Tokyo shopping and entertainment district popular with young people.
Read More • Tuesday, Apr 3, 2012
Coty gets knock-back following Avon bid - US beauty giant Coty has issued a bid to acquire ailing direct sales beauty giant Avon in a cash deal that values the company at $10bn, The Wall Street Journal reports.
Read More • Monday, Apr 2, 2012
Jean-Paul Guerlain fined for racist remarks - The former head and heir to French luxury beauty brand Guerlain (LVMH) has been fined by a Paris court for using a racial slur during a television interview in 2010, Reuters reports.
Read More • Friday, Mar 30, 2012
L'Oréal opens €100m hair research centre - L'Oréal has opened a new research centre located in Paris Saint-Ouen, in a bid to pioneer new research in the hair care industry.
Read More • Wednesday, Mar 28, 2012
Yves Rocher to expand franchise network - French naturals beauty chain Yves Rocher is set to expand its franchise network in France to 650 from its current level of 577, focusing on the South East of France and the Paris area.
Read More • Tuesday, Mar 27, 2012
CVS to close Beauty 360 stores - US drugstore chain CVS/Pharmacy (CVS Caremark) will begin closing its Beauty 360 outlets and e-commerce business in May.
Read More • Monday, Mar 26, 2012
The Body Shop reveals Lily Cole as new face - L'Oréal-backed beauty chain The Body Shop has unveiled British supermodel and actress Lily Cole as its new global advocate.
Read More • Friday, Mar 23, 2012
Sampling site Carmine closes down - Just five months following its initial launch, UK sampling website Carmine has closed down.
Read More • Friday, Mar 23, 2012
ASA bans Sanex ad - Personal care giant Colgate-Palmolive has been rapped by the UK's Advertising Standards Authority (ASA) following complaints that a television ad for its Sanex Zero bathing range misleadingly implied that the products contain no man-made chemicals.
Read More • Thursday, Mar 22, 2012