French trade press group Cosmédias is shutting down its international division, including International Cosmetic News, CosmeticNews and cosmeticnews.com, according to industry sources. Cosmedias executives in Paris could not be reached for comment. The industry sources specified ICN’s October issue is its last, while CosmeticNews and its associated Web site are to continue through yearend. In 2008, Reed Elsevier acquired Cosmedias, whose beauty titles include Cosmétique Hebdo, Coiffure de Paris and CosmetiqueMag, among others.
This story first appeared in the September 21, 2009 issue of WWD. Subscribe Today.