Feb 13- Avon Products Inc said on Thursday it could end up paying as much as $132 million to settle a U.S. bribery probe into its efforts to develop new markets, the first time the beauty-products company has given an estimate for a penalty.» Read More
*China's fast-growing cosmetics market seen as top target. PARIS, Oct 6- Neverfull- the name of Louis Vuitton's best-selling handbag- sums up well its parent LVMH: even if it snapped up all of the world's last remaining independent luxury brands, it would still have room for more.
*Rosso was eying LVMH's J.W. Anderson and Kirkwood. PARIS, Sept 29- Renzo Rosso, the founder of Diesel, says competition for hot designers is now as intense as for football stars, as shown by the speed at which big luxury groups such as LVMH are investing in promising new fashion names.
Sept 17- Coty Inc said revenue was likely to decline marginally this quarter as growth slows in the United States and Europe, taking some luster off stronger-than-expected results in the beauty products maker's first report as a public company.
Sept 17- Beauty products maker Coty Inc reported a better-than-expected adjusted profit in its first quarterly results as a public company, mainly due to strong sales of branded perfumes such as Marc Jacobs and Chloe in Asia.
Sept 17- Perfume and cosmetics maker Coty Inc reported a smaller loss in its first quarterly results as a public company. The company's net loss narrowed to $62.3 million, or 16 cents per share, in the quarter ended June 30, from $357.3 million, or 95 cents per share, a year earlier.
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