L’Oréal has finalized its EUR 4 billion acquisition of Kering’s magnificence division after securing approval from competitors authorities, the 2 French teams mentioned in separate statements on Tuesday, March 31. The deal, introduced in October 2025, contains the sale of the Creed model and the switch of Gucci’s magnificence operations to L’Oréal as soon as […]
THE WHAT? Natura Cosméticos has accomplished the sale of Avon’s Russian operations, marking the ultimate step in its company simplification technique and sharpening its concentrate on Latin America. THE DETAILS The Brazilian magnificence group acquired RUB 2.52 billion (roughly €26.9 million) from the transaction, with proceeds acquired on February 17, 2026. The divestment was carried […]
THE WHAT? Brazilian magnificence group Natura has finalised the sale of Avon Worldwide to US-based funding agency Regent LP, whereas retaining possession of the Avon model and operations throughout Latin America. THE DETAILS The transaction, first introduced in September, was accomplished on December 31 and transfers management of Avon Worldwide outdoors Latin America to Regent […]
THE WHAT? Saks International has introduced that it has finalized its acquisition of Neiman Marcus Group for a complete enterprise worth of US$2.7 billion. Saks now contains Neiman Marcus, Bergdorf Goodman, Saks Fifth Avenue and Saks OFF 5TH. THE DETAILS Marc Metrick will function CEO of Saks International Working Group and Ian Putman will function […]
British shopper items large Unilever on Thursday, October 10, accomplished the sale of Unilever Russia, lastly becoming a member of different multinationals in exiting the nation following its invasion of Ukraine in February 2022. Unilever stated in an announcement that it had offloaded the subsidiary to Arnest Group, a Russian producer of fragrance, cosmetics and […]
French beauty and perfume firm Groupe Rocher, which markets manufacturers reminiscent of Yves Rocher, Dr Pierre Ricaud, Stanhome and Arbonne and Sabon, in addition to clothes model Petit Bateau, has introduced that it has accomplished the sale of its plant in Ploërmel, France. Since 1982, the ability has been specializing within the manufacture of scented […]
