Revlon looks to Goldman Sachs for help exploring strategic options
Revlon is said to be looking to Goldman Sachs as it hopes to explore strategic options for the company, according to a report by Bloomberg. Citing ‘a person with knowledge of the matter’, it was reported that Revlon is exploring all options including a sale of parts...
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Diptyque Paris looks to attract younger audience with launch of scented temporary tattoos
Diptyque Paris has announced the launch of a range of scented temporary tattoos as part of its new Prêts-à-Parfumer collection. More commonly known for its range of scented candles and fragrance products, the luxury French brand is said to be looking to attract a...
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Henkel Singapore enters into deal with Synagie to distribute products in South East Asia
Henkel Singapore has signed a memorandum of understanding (MOU) with end-to-end commerce enablement solutions provider Synagie to distribute and sell its products across South East Asia, according to a report by Straits Times. Both parties will enter into a...
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Blackrock acquires stake in Juicy Couture owner Authentic Brands
Asset management company Blackrock has acquired a $870 million stake in Juicy Couture owner Authentic Brands through its new private equity fund Long Term Private Capital, according to a report by the Financial Times. The private equity fund has acquired a $875...
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Colgate-Palmolive warns Venezuelan consumers against purchasing counterfeit products
Colgate-Palmolive has issued a statement warning Venezuelan consumers against purchasing counterfeit toothpaste products sold on the black market. The company wrote to the health authorities regarding the potential risk of the ‘commercialization and use of these...
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Natura beats market expectations as Q2 profit doubles
Brazilian direct sales giant Natura has announced a bolstered Q2 net profit, which more than doubled year on year, with the strong growth beating market expectations. The company reported revenue growth for all three brands, with quarterly net income growing by 109.4...
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Selena Gomez files trademark for new beauty range
Selena Gomez is set to launch a new beauty range having filed paperwork at the U.S. Patent and Trademark Office to create a line of ‘Selena Gomez’ products. The pop star will join the likes of musicians Lada Gaga and Rihanna in the cosmetics space, with a range of...
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MatsumotoKiyoshi Holdings in talks with rival Cocokara Fine to form Japan’s largest chain of discount pharmacies
MatsumotoKiyoshi Holdings has announced it is in merger talks with competitor Cocokara Fine in a move that would form Japan’s largest chain of discount pharmacies, according to a report by Reuters. Shares in Cocokara Fine jumped 9 percent following the news of the...
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Kohl’s partners with Facebook to give niche online brands space in retail store
U.S. retailer Kohl's has teamed up with Facebook in a bid to find trendy online brands and give them space in its retail store, according to a report by The Drum. The new initiative will see Kohl's pay Facebook an undisclosed sum in order to sift through brands on its...
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NHS under fire for tripling spend on Jennifer Anniston-promoted hair and skincare brand Aveeno
The National Health Service (NHS) has come under fire after it emerged it had tripled its spend on Aveeno shampoos and bodywash. Last year the NHS spent £2million on prescriptions of the product, which is promoted by movie star Jennifer Anniston, up from £595,000 four...
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