Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs, as the food group shifts its portfolio in response to changing consumer demands.
Just days after revealing beauty venture Kylie Skin, the entrepreneur has sparked rumors that she is getting into haircare, having filed applications to trademark ‘Kylie Hair' and ‘Kylie Hair by Kylie Jenner.'
The Japanese cosmetics manufacturer announced on Tuesday that its net profit rose 16% in the first quarter thanks to strong sales in Japan and China, progress which allowed the company to confirm its annual outlook.
De Montalivet will be responsible for the progress of the group's BareMinerals, Nars, Laura Mercier and Shiseido brands in the region and leading the company's direction to deliver the corporate global strategy.
FabFitFun has expanded into the UK following an $80 million funding round in January. The membership includes the FabFitFun Box, which delivers a selection of beauty and lifestyle products four times a year.
Boots has blamed intense competition and the highly promotional retail environment for a 18.3% decrease in UK profits to £317 million, as its parent company considers the possibility of store closures.
Media brand Buro 24/7 continues to make key appointments ahead of its UK flagship site launch with Sophie Beresiner, the former Beauty Director of Elle UK, named to the new role of Beauty & Style Director.
Beiersdorf, the maker of Nivea and other skin care brands, is buying U.S. sun care brand Coppertone from Bayer for $550 million to strengthen its position in North America, the German consumer goods firm said on Monday.
At the Viva Technology show, on May 16-18 at the Porte de Versailles exhibition centre in Paris, L’Oréal will present My Little Factory, a technology for the large-scale production of customised foundations.