Building a Winner: P&G Joins Prestige Fragrance Leaders

GENEVA — While competitors make moves to diversify their beauty lineup, P&G Prestige Products, a robustly growing division of the Cincinnati, Ohio-based consumer giant, intends to continue to harvest its growth mainly through fragrance.

In the wake of Coty's acquisition of Del Laboratories earlier this week in order to add color cosmetics, P&G Prestige Products reported it would retain its focus as a fragrance-centric firm for another couple of years.