Avon has been forced to publicly quash rumors that it will be pulling its products from China's shelves after various beauty players experienced a challenging year in the volatile market.
25-Nov-2015 By Simon Pitman
After several years of steep decline for one of the biggest cosmetic players in the world, a positive rating from Citibank has sent stock prices surging amidst renewed hopes of improvements.
26-Aug-2015 By Simon Pitman
Despite the major downward trend of global stock prices, Avon has had some good news as its share prices rose almost 5% upon news that a $62 million lawsuit is about to be settled.
29-Jun-2015 By Simon Pitman
The share price in fragrance and luxury cosmetic player Coty hit a record high in trading on the US Stock Exchange last Friday, as rumors over the expected acquisition of P&G brands continues to mount.
07-May-2015 By Simon Pitman
Avon has been the focus of much debate in recent months. Substantiated or not, sale rumors have led to spikes in the share prices, but things look ominously quiet now, as the company’s share price continues to dip.
17-Feb-2015 By Simon Pitman
In the wake of the announcement that MeadWestvaco (MWV) is set to merge with RockTenn, several lawsuits have been filed in the past few days questioning the value such a deal would bring to shareholders.
28-Jan-2015 By Andrew MCDOUGALL
MeadWestvaco (MWV) and RockTenn have taken steps towards creating a combined packaging giant with an equity value of $16 billion having signed a definitive combination agreement.
07-Jan-2015 By Simon Pitman
Avon Products stocks have hit a 52-week low following less than favorable outlooks by a number of leading analysts covering the beauty industry.
06-Jan-2015 By Simon Pitman
Walgreens and Alliance Boots say they have moved to the second and final step in the process to form a global strategic partnership that will rename the business Walgreens Boots Alliance.
18-Nov-2014 By Simon Pitman
Nu Skin share prices have continued to take a beating following the release of results on November 4th that showed a big drop in profits and a weaker outlook.
23-Jun-2014 By Simon Pitman
In an attempt to try and establish a controlling stake in Botox-maker Allergan, Valeant Pharmaceuticals has offered shareholders a combination of cash and Valeant shares.
25-Mar-2014 By Simon Pitman
The China government says it will fine Nu Skin in excess of $500k for ‘illegal sales’ and ‘misleading’ consumers and will also make moves to tighten regulations governing direct sales.
06-Feb-2014 By Michelle Yeomans
Good news came for Ulta Salon’s cosmetics division today as InvestorsObserver analysts identified the brand as being well-positioned for a 'new covered call'.
Law firm Wites & Kapetan has announced an investigation into Coty’s $1 billion flotation, which was launched back in June of this year to raise money for further investments.
29-Aug-2013 By Chris BARKER
L’Oreal's relationship with the world's leading food company may change after 2014 after Nestle's chairman said that they intend to “keep all options on the table.”
24-Jun-2013 By Michelle Yeomans
It’s barely been a week since Revlon made headlines agreeing to pay out a $850,000 fine to settle claims that it misled shareholders, now its chairman Ron Perelman has been thrust into the spotlight for allegedly bankrolling his daughter’s legal battle...
Revlon agrees to pay $850,000 penalty for misleading shareholders
19-Jun-2013 By Michelle Yeomans
Revlon has agreed to pay a $850,000 penalty to settle U.S. Securities and Exchange Commission charges that it violated federal securities laws by misleading shareholders during a ‘going private transaction.’
06-Jun-2013 By Andrew MCDOUGALL
Could it be third time lucky? Rumours are flying around that consumer goods giants Procter & Gamble and Beiersdorf could be ready to strike a deal, having flirted before; despite the rumours being denied, we take a look at why the deal could make...
05-Sep-2012 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.
Proposed Physicians Formula acquisition triggers law firm investigations
16-Aug-2012 By Simon Pitman
Three law firms have announced that they are launching investigations into the proposed $65m acquisition of cosmetics player Physicians Formula by investment company Swander Pace Capital.
Physicians Formula acquired by investment company
15-Aug-2012 By Simon Pitman
California cosmetics and skin care maker Physicians Formula has been acquired by private equity company Swander Pace Capital, providing the business with further resources for expansion.
Activist investor takes stake in Procter & Gamble
13-Jul-2012 By Simon Pitman
Reports that the Pershing Square Capital management company has bought a significant stake in P&G have given a boost to the company’s share price, and also comes at a time when the consumer goods giant is under pressure to improve its performance.
Avon takes too long as Coty withdraws offer
15-May-2012 By Andrew McDougall
Perfume maker Coty has withdrawn its latest bid to buy out cosmetics company Avon Products stating a ‘total lack of engagement’ as its reasoning.
02-Apr-2012 By Andrew McDougall
Avon Products has rejected a $10bn takeover bid from fellow cosmetics company Coty claiming that it had ‘substantially undervalued’ the company.
10-Jan-2012 By Pooja Kondhia
Parlux CEO Frederick Purches has brushed off the threat of impending law suits following its proposed merger with Perfumania Holdings.
Bulgari joins forces with LVMH
08-Mar-2011 By Andrew McDougall
The Bulgari Group has joined forces with the LVMH Group to establish its long term development in the cosmetics and fragrance, as well as the watch and jewellery market segments.
International Stem Cell strikes up financing agreement to fund research
13-Dec-2010 By Simon Pitman
Anti-aging skin care specialist International Stem Cell has forged a $25m common stock financing agreement with Aspire Capital Fund in an effort to fund the research and development of new products.
Unilever to acquire Alberto Culver
27-Sep-2010 By Andrew McDougall
Alberto Culver Company today announced that it has entered into a definitive agreement in which Unilever will acquire all of the outstanding shares of the beauty care firm for $37.50 per share in cash, valuing the company at approximately $3.7 billion.
Avon directors taken to court by shareholders
29-Jul-2010 By Katie Bird
An Avon shareholder has filed a lawsuit against the company board of directors relating to its alleged corrupt business practices in China.
Shiseido completes acquisition of Bare Escentuals
Shiseido has completed the acquisition of Bare Escentuals following the end of its subsequent offering period on March 11.
Shiseido tender offer for Bare Escentuals goes ahead
09-Mar-2010 By Simon Pitman
Shiseido has confirmed that its tender offer for the outstanding shares in Bare Escentuals has passed the withdrawal date.
Shiseido moves ahead with Bare Escentuals acquisition
25-Jan-2010 By Simon Pitman
Japan-based cosmetics giant Shiseido has instigated the procedure for its tender offer to acquire mineral make-up specialist Bare Escentuals.
Bare Escentuals shareholders call for investigation into proposed acquisition
20-Jan-2010 By Simon Pitman
Bare Escentuals shareholders have demanded investigations into the board of directors following the announcement that Shiseido wants to buy the mineral make-up player.
Investors focus in on Elizabeth Arden shares
After a long financial struggle, Elizabeth Arden seems to have turned the corner, a fact that is attracting the investment world as shares continue to rally.
Regis announces share sale and big drop in Q4 results
07-Jul-2009 By Simon Pitman
The world’s leading salon hair care provider has announced a major public share offering on the same day that it announces disappointing Q4 sales.
Estee Lauder results show better underlying trend
05-May-2009 By Simon Pitman
Financial markets responded positively to Estee Lauder results, which beat expectations as Asian markets and premium cosmetics showed their mettle.
Revlon mulls investor buy-out proposal
21-Apr-2009 By Simon Pitman
Revlon’s board of directors is mulling a proposal by investment group MacAndrews & Forbes Holdings to buy-out shares it does not already own in the business.
Cost cutting sees P&G upgraded by analyst
20-Apr-2009 By Simon Pitman
Procter & Gamble looks well placed to ride the economic storm as a leading financial analyst upgrades the company’s rating on the back of cost cutting measures.
Risdon has no intention of filing for bankruptcy, says director
24-Feb-2009 By Guy Montague-Jones
Risdon International has cut production but denies that it is considering bankruptcy and insists that the cosmetics packaging company is on route to financial recovery.
Clarins aims at delisting with share buyout offer
30-Jun-2008 By Simon Pitman
Clarins, one of the last sizeable independent cosmetic companies,
has offered to buy back outstanding shares in an effort to delist
from the Paris Bourse.
Trading in Clarins shares suspended
26-Jun-2008 By Simon Pitman
Luxury cosmetics maker Clarins has today suspended trading in its
shares pending an official statement, fuelling speculation of a
Analyst hails Estee Lauder turn around, but downgrades
08-Apr-2008 By Simon Pitman
Despite a huge turn around in its fortunes, a leading industry
analyst has downgraded Estee Lauder following a big leap in its
Transdermal Cosmetics poised for big US launch
03-Jan-2008 By Simon Pitman
The maker of what is claimed to be the first ever anti-ageing cream
to deliver collagen to the skin, Transdermal Cosmetics, is set to
make a big launch on the US market following the company's share
flotation, press reports say.
Revlon refinances to stave off debt
12-Dec-2007 By Simon Pitman
A new loan for Revlon means that key investor MacAndrew and Forbes
now has a 57 percent share in the company, putting more pressure on
the cosmetics player to enhance its performance.
Sensient ups income, rebukes industry analyst
25-Apr-2007 By Simon Pitman
Sensient Technologies, provider of flavors and colors to the
food industry, has reported a 11.1 per cent rise in net income, and
publicly rebukes an industry analyst over erroneous comments he
made relating to the results.
Parlux gets Nasdaq extension for quarterly results
12-Apr-2007 By Simon Pitman
Parlux says it has received an extension for the continued listing
of its shares on the Nasdaq, which in turn grants it more time to
file its quarterly results ending December 30.
CCA announces profit dip and sale of company
01-Mar-2007 By Simon Pitman
CCA Industries, a New Jersey-based producer and marketer of niche
personal care products, has announced a drop in profits as
executives confirm that they have agreed in principle to the
acquisition of the company.
Parlux stock prices surge after CEO is sacked
07-Feb-2007 By Simon Pitman
The rocky path taken by Parlux Fragrances in recent months may be
coming to an end, after the company announced that it had sacked
CEO Illia Lekach, replacing him with an interim director.
Parlux stakeholder reinforces buy-out proposal
16-Jan-2007 By Simon Pitman
Parlux stakeholder Glenn Nussdorf is positioning himself to buy-out
the troubled fragrance company, a move that current executive board
members are strongly opposing.
Parlux reports lower Q2 as profits and sales slide
11-Jan-2007 By Simon Pitman
Parlux has reported another disappointing quarter, with profits
falling 20 per cent against a slight slip in sales, as lower
margins and royalty payments bite hard.