Cosmetics News

Why is Mariah Carey Being Grilled About an Israeli Corruption Scandal?

JTA – Mariah Carey’s latest trip to Israel hasn’t been full of screaming fans and big stages. She’s in Tel Aviv for business as the new face of the Premier Dead Sea cosmetics brand. During a press conference on Monday, she was grilled with questions about a past relationship — specifically how her ex-fiancé might be entangled in the corruption scandal dogging Israeli Prime Minister Benjamin Netanyahu. The last time the Grammy winner was in Israel, in 2015, things were much…

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Listen to Cosmetics Design, Beauty is Your Business MouthMedia podcast

Senior Correspondent Deanna Utroske is the guest on the latest edition of Beauty is Your Business, in which she chats with the podcast’s hosts about the indie beauty revolution, the latest ingredient trends, and much more. Take a break from the daily headlines and listen in on this lively exploration all things cosmetics and personal care.   Hosts Julie Fredrickson, co-founder and CEO of the indie brand Stowaway Cosmetics, and Stephanie Betzler, a digital strategist at product intelligence company Trendalytics, chat…

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Is Sheri McCoy on the verge of retiring from Avon?

Several reputable business news outlets are speculating as much based on an item that ran in the Wall Street Journal yesterday. The direct-sales beauty company certainly has had its share of leadership changes lately, including the appointment of a new global president just this week. Besides WSJ, Forbes, Business Insider, Reuters, and Market Watch all picked up the story speculating about Sheri McCoy’s future at Avon Products. Credible rumor Reporting for WSJ, Dana Cimilluca and Sharon Terlep attributed the rumor of…

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L’Oreal finalises sale of The Body Shop | Money

The logo of British cosmetics and skin care company The Body Shop is seen outside a store in Vienna June 4, 2016. ― Reuters picPARIS, June 27 — French beauty products giant L’Oreal said today it has a signed a contract to sell The Body Shop, which it has owned for over a decade, to Brazil’s Natura Cosmeticos for €1 billion (RM4.8 billion). L’Oreal said in a statement that it signed the contract after getting the nod of approval from…

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L’Oreal finalises sale of The Body Shop | Money

The logo of British cosmetics and skin care company The Body Shop is seen outside a store in Vienna June 4, 2016. ― Reuters picPARIS, June 27 — French beauty products giant L’Oreal said today it has a signed a contract to sell The Body Shop, which it has owned for over a decade, to Brazil’s Natura Cosmeticos for €1 billion (RM4.8 billion). L’Oreal said in a statement that it signed the contract after getting the nod of approval from…

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Activist investor Dan Loeb takes a chance on Nestlé

New York — Dan Loeb has amassed a $3.5bn stake in Nestlé, targeting Europe’s largest company in the biggest bet of his two-decade career as an activist investor. Third Point, Loeb’s hedge fund, owns about 40-million shares in the Vevey, Switzerland-based company, according to an investor letter released on Sunday after Bloomberg first reported the position. The fund encouraged Nestlé to sell its stake in cosmetics maker L’Oreal, increase leverage for share buybacks and adopt a formal profitability target, among…

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Staysure puts Northampton on the map by scooping another industry award

A Northampton-based travel insurance firm has been named Business of the Year at the coveted 2017 Finance Awards. Shortlisted alongside some the country’s most successful companies such as Sainsbury’s, Argos, Avon Cosmetics, TUI Holidays, EasyJet and Pitney Bowes, over 50’s insurance and financial services specialist Staysure reigned supreme with judges commending the business on its impressive growth in the last year, employee and customer engagement and contribution to the regional economy as a major employer. Staysure chairman, Ryan Howsam,…

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