P&G sells Newbridge plant to Mapaex
Procter & Gamble has sold its Newbridge, Co Kildare plant in Ireland to Mapaex, according to a report published by RTE.
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L Brands completes Victoria’s Secret reshuffle; names CEO
L Brands has announced several key leadership appointments at Victoria’s Secret. Martin Waters was named CEO of Victoria’s Secret Lingerie, replacing John Mehas.
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L Brands sued over pension plan breach
A participant in L Brands’ 401(k) plan has launched a class action suit against the owner of Bath & Body Works charging the US retailer with beaching its fiduciary duties, according to a report published by Pensions&Investments.
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Unilever North America expands in wellness sphere with SmartyPants Vitamins acquisition
Unilever has expanded its foothold in the wellness sphere with the acquisition of U.S.-based Vitamin, Mineral & Supplement company SmartyPants Vitamins.
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Dakota Johnson invests in sexual wellness brand Maude
Fifty Shades of Grey star Dakota Johnson has become an investor and Co-Director of sexual wellness brand Maude.
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Roth CH Acquisition I Co to merge with PureCycle Technologies
Roth CH Acquisition I Co and PureCycle Technologies have announced that they have entered into a definitive merger agreement.
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Target wins 2020: Q3 sales up 20.7 percent
Target has reported its results for the third quarter of fiscal 2020. The US retailer saw comparable sales rise 20.7 percent thanks to an impressive 155 percent hike in digital sales and solid 9.9 percent in store sales.
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Imerys assets to be sold to Magris Resources
The United States Bankruptcy Court for the District of Delaware has approved the sale of substantially all of the assets belonging to the North American Talc Subsidiaries of Imerys to Magris Resources Canada.
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Fall of the malls? Macy’s 3Q 2020 sales down 21 percent
Macy’s has reported its results for the third quarter of the current financial year. The US department store saw sales tumble 21 percent yoy to US$3,990 million and reported a loss of US$91 million, a far cry from the US$2 million net income reported in the same period last year.
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Peter Harf buys US$150 million stake in Coty
Ex Coty CEO Peter Harf has upped his stake in the US beauty behemoth to the tune of US$150 million, according to a report published by Bloomberg, quoting a regulatory filing as its source.
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