UNITED KINGDOM: CVSL Inc., Dallas, TX, has successfully funded and closed its previously-announced acquisition of Kleeneze, a UK’s direct-to-consumer businesses.
Founded in 1923, Kleeneze has more than 7,000 independent distributorships,… Read More »
Looking across the global skin care market, the facial mask is probably one of the few categories where Asia dominates. This is especially true in China, where, in recent years, the mask has become the fastest growing category. According to Ogil… Read More »
PCA Skin: tapped Michael Larrain, former president of the Active Cosmetics Division of L’Oréal, as chief executive officer. He joins PCA SKIN from L’Oréal, where he served as president of the Active Cosmetics Division, and a… Read More »
Spectrum Brands Holdings, Inc: announced that president and chief executive officer David R. Lumley will retire by the end of 2015 as part of a planned succession process. Spectrum Brands—with leading household products such as Cutter, Hot Shot… Read More »
BioAmber Inc. is a specialist in bio-based chemistry serving a wide range of applications. The company maintains that its proprietary technology platform uses economically viable, sustainable feedstocks to produce innovative building block chemicals… Read More »
Nu Skin Enterprises, Inc.’s fourth-quarter sales fell 4% to $609.6 million. The company reported full-year 2014 revenue decreased 19% to $2.57 billion.
“Our business performed as we expected for the quarter, and we look forward to a soli… Read More »
Energizer Holdings’ first fiscal quarter that ended Dec. 31, 2014 showed that net sales fell 6.8% to $1.04 billion.
“First quarter adjusted net earnings per diluted share were in-line with our expectations despite significant currency he… Read More »
The Procter & Gamble Company reported that second quarter fiscal year 2015 net sales were $20.2 billion, a decrease of 4% versus the prior year, including a negative five point impact from foreign exchange.
“The October-December 2014 quart… Read More »
The South Korean government plans to end testing on animals for cosmetics. The ban is part of South Korea’s Ministry of Agriculture, Food and Rural Affairs 5-Year Plan for Animal Welfare, which includes banning the testing of finished cosm… Read More »
In his speech to Congress, President Obama underscored his intent to seek trade promotion authority (TPA) in order to aggressively reduce trade barriers for American businesses. With TPA authority, the President can broker new and balanced trade deal… Read More »
Herbalife Ltd cut the pay of Chief Executive Michael Johnson 36% for 2014 after the nutrition and weight loss company failed to meet performance goals set for him and other top executives, according to a recent securities filing.
Herbalife said J… Read More »