Stock Market

Avon falls off the S&P 500

Avon falls off the S&P 500

By Deanna Utroske

Since June of 1967, the direct-sales beauty brand has been listed on the S&P 500. Friday, Avon Products (AVP) will be replaced on the stock market index by the Hanesbrands menswear company.

China authorities put Nu Skin under investigation

China authorities put Nu Skin under investigation

By Simon Pitman

China authorities have put direct sales player Nu Skin under investigation, following a report in the China newspaper People’s Daily last week that the company has been operating an illegal pyramid scheme.

Nu Skin comes under attack from China media

Nu Skin comes under attack from China media

By Simon Pitman

Direct sales giant Nu Skin has come under attack after a newspaper in China, one of its biggest market, accused the company of operating an illegal pyramid scheme to sell its products.

Nestle sells stake in Givaudan

Nestle sells stake in Givaudan

By Chris BARKER

Nestle has announced that it will sell its entire 10% stake in fragrance and flavour giant Givaudan. 

Ulta Q3 growth in line with forecasts

Ulta Q3 growth in line with forecasts

By Chris BARKER

Ulta Beauty Salon has reportedly met its growth forecast for the third quarter of 2013 with respectable increases in sales and net profits.

Coty IPO gets off to a slow start for investors

Coty IPO gets off to a slow start for investors

By Simon Pitman

Although the Coty IPO has made a significant impact on the company’s own funds, it seems that the flotation has not provided any immediate returns for investors.

P&G and Beiersdorf – A potential match made in heaven?

P&G and Beiersdorf – A potential match made in heaven?

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...

Coty IPO set to raise a further $1 billion for the war chest

Coty IPO set to raise a further $1 billion for the war chest

By Simon Pitman

The fragrance and cosmetics giant has announced an Initial Public Offering that is set raise more than $1 billion, setting in place funds that could be used to spell out the next step in the company’s ambitions to expand.

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