Recent in Company News (page 5 of 39)

Was the Revlon-Elizabeth Arden Deal Fair?

Elizabeth Arden's board of directors is being investigated by the law office of Brodsky & Smith, LLC for possible fiduciary duty breaches.

Revlon Has Purchased Elizabeth Arden

Revlon claimed that the purchase would boost its portfolio and global reach. Of particular interest was Elizabeth Arden’s "highly profitable" growing prestige skin care, color cosmetics and prestige fragrances.

Safic-Alcan and AkzoNobel Extend Partnership

Safic-Alcan UK, a major distributor of specialty chemicals, becomes the sole distributor for AkzoNobel’s polymers, biopolymers and surfactants for the personal care industry in the UK and Ireland, effective June 15.

Alban Muller to Open New Office in Los Angeles

Muller International eyes expansion to the Western US with L.A. hub.

L’Oreal USA Names First-Ever Chief Retail Officer

Marc-Alexandre Risch slotted to lead global cosmetics retail division

Avon Welcomes New CIO

New Avon LLC hired Helene F. Rutledge as the new chief innovation officer, effective as of June 8, 2016.

P&G Appoints David Taylor to Chairman

Long-time vet succeeds A.G. Lafley in top spot.

Arbonne Expands to New Zealand, Plans for Taiwan

The global cosmetics, skin care and nutrition brand Arbonne has opened a store in New Zealand.

Revlon Acquires Cutex

Revlon and Coty announced that Revlon will be taking over Coty's Cutex business. Terms of the acquisition were not disclosed.

Shiseido to Add Two Iconic Brands to Its Global Portfolio

Laura Mercier and RéVive brands will be added to Shiseido's portfolio with its purchase of Gurwitch Products LLC. The combination is expected to provide Shiseido with significant growth opportunities.

Amway Korea Pockets More Than a Trillion in 25 Years

From $3,436,795.093 in 1991 to $896,887,398.39 in 2016, Amway Korea reports increasing profits during the past 25 years of cosmetic sales.

Estee Lauder Pushes to Smaller Cities

Estee Lauder is beginning to target smaller cities in China, continuing to invest in the Chinese market despite the leveling economy.

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