Financial

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Financial

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Beiersdorf Opens Mexican Research-and-Production Center

The facility is meant to increase the company's business in Central and North America.

Givaudan H1 Profits Rise 12.6%

The fragrance and flavors supplier cited strong volume gains and lower operational costs.

WWD Global Stock Tracker Launches With 0.1% Gain

Elizabeth Arden and Inter Parfums pace advances.

L’Oréal, Nestlé Transaction Finalized

The French beauty giant said the shares it acquired have been immediately canceled.

L'Oréal USA Settles FTC Charges

According to the complaint, the firm made false and unsubstantiated claims about its Génifique and Youth Code products in national advertising campaigns.

Elizabeth Arden Unveils Restructuring Plan

The plan calls for reducing head count; exiting underperforming businesses; discontinuing certain products, and shuttering the Puerto Rico affiliate.

Avon Eliminates 600 Positions

The cutbacks are principally in the company's corporate organization and North American business unit.

Emerging Markets, Productivity Key at Deutsche Bank Conference

Unilever’s Jean-Marc Huet and Procter & Gamble's Jon Moeller were among Wednesday's speakers in Paris.

NYX Cosmetics, L'Oreal Said Nearing Buyout Deal

The indie mass-market color cosmetics brand is close to finalizing a deal with the beauty giant L'Oreal.

Inter Parfums SA to Grant Bonus Shares

The company will issue a free allotment starting June 23 to thank its shareholders.

Coty Buys Back Shares

Coty said the purchase is part of the firm’s share repurchase strategy.

TSG Consumer Partners Sells Stake in Perricone MD

The private equity fund has sold its stake in the clinical skin care brand to Lion Capital.

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