Avon Products Inc said Cerberus Capital Management LP would take a 16.6 percent stake in the company and buy 80.1 percent of its North American business, in a $605 million deal that throws a lifeline to the struggling...
OPI on Friday announced a collaboration with 'Scandal' actress Kerry Washington. The brand's first-ever Creative Ambassador, she will work with OPI co-founder and brand ambassador Suzi Weiss-Fischmann.
Perfume maker Coty will buy the personal care and beauty business of Brazilian consumer goods maker Hypermarcas for about $1 billion in cash, three months after agreeing to buy 43 similar brands from Procter & Gamble.
As it slowly eliminates the country manager posts, the Italian denim manufacturer's next step has been to create the Diesel Europe office and to nominate Joanna Onland as its Director in charge of Southern Europe.