Beauty manufacturers are rethinking newness to improve profit and customer loyalty.
The private equity company will invest $435 million into Avon and $170 million in Avon North America, which will become privately held.
The company reports achieving traction in its no deforestation drive in its palm oil supply chain and reduces water use.
The private equity firm made a “significant” investment after deciding that the upscale boutique retailer presented a compelling opportunity.
Experts prescribe remedies for ailing beauty sales in languishing chains.
As Cerberus is eyeing the North American business, activist Barington Capital is said to be in the wings opposing a deal.
Sales and profit growth driven by double-digit gains in traffic.
He will be joined by Amy Sachs, a colleague from Arden, who will assume the role of chief commercial officer at Fekkai and Luxe.
P&G is transforming into a simpler, faster growing company, but it isn’t there yet.
Kohl’s said Chawla eventually could land on the list of potential candidates to succeed Kevin Mansell as the retailer’s ceo.
He left to accept a chief executive officer post at a personal care company in South Florida.
He is on a mission to orchestrate one of the biggest mergers in beauty history.
Beauty firm looks back on 20 years at annual meeting.
Private equity firm is said to have taken a 30 percent stake in the fledgling company.
A $1 billion deal is struck with Brazil’s Hypermarcas and the corporate structure is reorganized into three divisions run by presidents recruited from outside Coty. That’s week one.