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Financial

Accessories News

Financial

Jamie Kern Lima

L’Oréal to Acquire IT Cosmetics for $1.2B

The brand is said to be on track to do $400 million in sales for 2016.

A Clio Professional ad

Korea’s Clio Cosmetics Aims Globally With L Capital Asia

The LVMH Moët Hennessy Louis Vuitton-backed fund has bought a minority stake in the beauty company, which is planning to go public later this year.

Unilever Chief Talks Dollar Shave Club

The Anglo-Dutch company’s first-half profits were up 2 percent.

IFF-Lucas Meyer Cosmetics Invests in R&D Lab

The deal should give the business better access to raw materials for its cosmetics business.

Unilever Takes on P&G in Men’s Shaving World

The Anglo-Dutch giant has acquired Dollar Shave Club for a reported $1 billion.

Avon Files Presentation to ‘Increase Communications’

The business details its operations and the direct-selling environment in a presentation geared toward the investment community.

Givaudan’s First-Half Business Spurred by Perfume Activity

The fragrance and flavors supplier reported first-half net profits gained 7.6 percent to 368 million Swiss francs.

revlon elizabeth arden merger

Moody’s Downgrades Revlon, Citing Leverage

Revlon will be highly leveraged because of its Elizabeth Arden acquisition, according to Moody’s.

revlon elizabeth arden merger

Revlon Paints Picture of Combined Business Post Elizabeth Arden Deal

Color cosmetics will be the company’s largest category, according to an investor presentation.