Compass Diversified acquires The Honey Pot Company
Compass Diversified has announced that it has signed a definitive agreement to partner with The Honey Pot Company, purchasing a majority stake in the feminine care brand for an enterprise value of US$380 million.
Kosas Cosmetics Explores Potential Sale
Kosas Cosmetics, a Los Angeles-based makeup brand, is exploring sale options with the assistance of investment bank North Point.
Fund Manager Terry Smith Divests from Estée Lauder
Terry Smith, a UK fund manager, has sold his stake in Estée Lauder Cos. while retaining his holding in L’Oréal SA.
Walmart reinvents the shopping wheel; new commerce announced at CES
Walmart is planning to harness tech deliver a new type of commerce to the shoppers of the future – one that is customer centric, interconnected, frictionless and consistently exceeds expectations.
Kose America names Vice President
Kose America has announced the appointment of Chinae Kim to the newly created role of Vice President. Kim will lead the company’s strategic marketing and sales efforts in North America.
Walgreens Boots Alliance Sees Sales Growth
Walgreens Boots Alliance, Inc. (WBA) released its financial results for the first quarter of fiscal 2024, ending November 30, 2023.
Jaclyn Cosmetics becomes latest casualty of Forma Brands bankruptcy
Jaclyn Hill has announced that her make-up brand is closing ‘for the foreseeable future’. The YouTube influencer’s eponymous line is the latest casualty of the collapse of owner, Forma Brands.
Johnson & Johnson shareholders given green light for class action over talc cases
A US federal judge has granted shareholders permission to launch a class action lawsuit against Johnson & Johnson for allegedly hiding the asbestos content of its talc products. Johnson & Johnson continues to maintain that its products are safe and do not contain asbestos.
Luxe Brands signs licence for Khloe Kardashian fragrance line
Luxe Brands has announced that it will partner with Khloe Kardashian to launch a new fragrance line in the second half of 2024. The fragrance will be Khloe Kardashian’s first standalone scent – the reality television star has released perfumes together with her sisters in the past.
ELC’s venture capital arm buys minority stake in China’s Melt Season
The Estee Lauder Companies’ New Incubation Ventures is said to have acquired a minority stake in Chinese luxury fragrance brand, Melt Season. Financial terms of the deal were not disclosed.
LATEST NEWS
