All news articles for September 2012

Revlon restructure will see 250 jobs cut

Revlon restructure will see 250 jobs cut

By Andrew MCDOUGALL

In a bid to restructure its operations to improve operating efficiency, color cosmetics player Revlon will axe approximately 250 jobs throughout the company.

LVMH countersues Hermès for blackmail

LVMH countersues Hermès for blackmail

By Michelle Yeomans

The global luxury group has filed a countersuit after it says it learned via a French media dispatch that Hermès had filed a lawsuit on the circumstances through which it had acquired shares in the company back in 2010.