The Berlin- based company, backed by Germany's Rocket Internet and inspired by rival New York- based cosmetics-in-a-box firm Birchbox, said its customer base grew 25 percent in 2014, despite cutting marketing costs by 33 percent. It now focuses on 10 markets including Germany, France, Britain and the United States and has begun hiring again after making...» Read More
Oct 21- Personal care products maker Kimberly-Clark Corp said it would cut 1,100 to 1,300 jobs as part of a restructuring to contain costs arising from the spinoff of its healthcare business. Kimberly-Clark said it expects the restructuring, to be completed by the end of 2016, to cost $130 to $160 million after-tax and generate pre-tax savings of $120 to $140...
Oct 21- Personal care products maker Kimberly-Clark Corp reported a 3.4 percent rise in quarterly revenue, helped by strong sales in international markets such as Brazil, China, South Africa and Vietnam. The maker of Kleenex tissues and Huggies diapers said net income attributable to the company rose to $562 million, or $1.50 per share, in the quarter ended Sept....
*Coty agrees to buy Bourjois from Chanel. *To pay for Bourjois with 15 Class A Coty shares. PARIS, Oct 7- US cosmetics group Coty said on Tuesday it had made a binding offer to buy French make-up brand Bourjois from Chanel and give the family-owned French luxury company a stake in Coty worth an estimated $240 million.
Sept 29- Perfume and cosmetics maker Coty Inc said Chief Executive Michele Scannavini had stepped down for personal reasons, sending the company's shares down as much as 3 percent.
CARACAS, Sept 26- Venezuela's famed models and aspiring beauty queens are struggling to doll themselves up as shortages turn eye shadow and breast implants into coveted luxuries. "I exhaust myself visiting pharmacies, I look everywhere for makeup," said Ileanne Davila, a 19 year-old civil engineering student and model.
FRANKFURT, Sept 11- German books-to-cosmetics retailer Douglas has asked for second-round bids for its Christ jewellery arm in a potential deal worth more than 400 million euros, two sources familiar with the deal said. By comparison, listed peer Signet Jewelers, which is not vying for the asset, trades at a multiple of 11.7 times its expected operating earnings.
CNBC consumer reporter, Kelli Grant, gives viewers tips on how to turn your junk in to cold, hard cash.
Nu Skin shares are getting shellacked after the People's Daily in China ran a report suggesting the company is running an illegal pyramid scheme.
Kasper Rorsted, Henkel CEO, provides his views on the state of the global economy and Europe's economic recovery.
Dollar Shave Club founder & CEO Mike Dubin wants to "own the bathroom." Dubin discusses his company's new "One Wipe Charlie" product.
Howard Stern was right: Wet wipes may be the next big thing in male grooming. Dollar Shave Club introduces a toilet paper alternative.
Herbalife earnings beat expectations for a 17th straight quarter but its second-quarter outlook fell short.
The president of Shiseido will resign and be replaced by the company's chairman after a two-year stint that saw profits suffer, the Japanese cosmetics maker said on Monday.
Caroline Neville, president of Cosmetic Executive Women, says the British 'kit and caboodle' industry employs 1 million people, and urges British cosmetic brands to capitalize on exports to emerging markets.
A move by China's Ping An Bank to ban its regional branches from approving mortgages may signal that Beijing is set to tighten controls on the property market to calm prices.
Thomas Falk, Kimberly-Clark chairman & CEO, breaks down the household products makers fourth quarter earnings, and discusses growth opportunities in China, and commodity headwinds.
After a humorous tirade by one man accused feminine products company Bodyform of lying, the company struck back with a witty response of its own.
The Fast Money traders weigh in on how to play unusual options activity in Avon's shares on Monday.
Jim Cramer explains why this company is more than just another soft goods play.
When was the last time you stopped by a pharmacy to pick up a pack of razors and did a double-take at the checkout counter? Here to help you shave some money off your monthly grooming budget: Dollar Shave Club.