Archives for October 18, 2006

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Ethnic consumers go mass market

By  Louise Prance

Ethnic-specific cosmetic products have seen a 19 per cent sales gain over 2001 figures, with the niche market said to be at nearly $1.9 bn. However, the ethnic consumer looks to be increasing their spending on general market cosmetics, therefore...

Novelist targets fast-growing celebrity fragrance market

By  Louise Prance

Best-selling romance novelist, Danielle Steel, has embarked on a new business venture, branching out into the fragrance industry with the launch of her new perfume 'Danielle by Danielle Steel', developed and marketed by Elizabeth Arden.

Parlux stakeholder hints at take-over

By  Simon Pitman

Glenn Nussdorf, who has a 10.5 per cent stake in troubled fragrance player Parlux, has made an SEC filing stating his intentions to acquire a controlling stake in the company as a business combination transaction to prevent it from being sold off...