Cosmetic industry news : London-based consumers goods company Unilever has agreed to acquire New York-based personal care products manufacturer Sundial Brands for an undisclosed price. Unilever acquisition of Sundial Brands is expected to speed up the growth of the consumer goods giant’s personal care category by covering underserved requirements of multicultural and millennial consumers. Established […]
Cosmetic industry news : Private equity firm Tengram Capital Partners has agreed to acquire RéVive, a luxury skincare brand from Shiseido Americas Corporation for an undisclosed price. Shiseido Americas is a subsidiary of Japanese personal care company Shiseido. The sale of the luxury skincare brand comes a year after it was bought by Shiseido Americas […]
Liliane Bettencourt Death : The world’s richest woman Liliane Bettencourt with a net worth of $44.3 billion and also heiress to French cosmetics company L’Oreal, passed away aged 94 in Paris on Thursday. She had a peaceful death at her Paris home and on 21 October would have turned 95 years old according to a […]