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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.”
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 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.’
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...
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.
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.
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.
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.
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.
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.
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.
Bare Escentuals shareholders have demanded investigations into the board of directors following the announcement that Shiseido wants to buy the mineral make-up player.
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.
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.
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 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, one of the last sizeable independent cosmetic companies,
has offered to buy back outstanding shares in an effort to delist
from the Paris Bourse.
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.
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 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 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 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.
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 Glenn Nussdorf is positioning himself to buy-out
the troubled fragrance company, a move that current executive board
members are strongly opposing.
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.
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