French group L'Oreal, the world's largest cosmetics maker, announced Thursday stronger-than-expected growth in third quarter sales of 14.6 percent thanks in large part to emerging countries. Sales totaled 4.85 billion euros.
Following its debut in August 2010, the new Baby & Child division will expand by 20% for the winter 2011 New York International Gift Fair. With more than 30 new companies double-digit growth is expected.
A new line of perfume is about to explode onto the Icelandic market, made of melt water from a glacier sitting on top of the Eyjafjoell volcano that erupted in April, spreading ash and flight chaos across Europe.
The designer Diane von Furstenberg has announced she will release her first line of beauty products. In collaboration with the ID Beauty giant and the former president of beauty products from Yves Saint Laurent, Chantal Roos.
The license agreement signed with the Italian Sinv SpA in 2005 for a period of five years will not be renewed. The brand has decided to fully integrate the production and distribution of Alexander McQueen’s secondary McQ line.
Consumer goods group Unilever Plc/NV will buy U.S. hair and skin care company Alberto Culver for $3.7 billion (2.3 billion pounds) in the latest move to rebalance its portfolio towards higher growth lines.
The group announces a double executive appointment to its eponymous brand; Daniel M. Annese is promoted to Senior Vice President, Global General Manager and Charisse Ford takes the role as Senior Vice President Global Marketing.