Breaking News

German Cartel Office Fines Cosmetic Firms

August 6, 2008

GERMANY: Germany’s Federal Cartel Office has fined nine cosmetics companies, including some of the biggest in the industry, approximately $15 million for sharing strategic information. The companies—which include Chanel, Clarins, Cosmopolitan Cosmetics Prestige (P&G Prestige Products), Coty Prestige Lancaster, Estée Lauder, L’Oréal, LVMH Parfums & Kosmetik, Shiseido and YSL Beauté—were found to have systematically exchanged information since at least 1995 on products, prices, results and advertising campaigns. According to published reports, individual fines ranging from €250,000 to €2.1 million are to be imposed on the German units of the companies as well as 13 present or former managers of these companies.
  • Skin of Color Society Connects Experts

    Skin of Color Society Connects Experts

    Melissa Meisel, Associate Editor||January 16, 2017
    Dermatologists from across the nation share information and ideas.

  • Erasa

    Erasa's New Evangelist(a)

    January 9, 2017
    Impressed by the performance of its hero SKU, supermodel Linda Evangelista joins the company in a hand's on role.

  • Discourse on Disclosure

    Discourse on Disclosure

    Tom Branna, Editorial Director||January 6, 2017
    Transparency impacts the cleaning industry.

  • Hitting the Right Notes

    Hitting the Right Notes

    January 6, 2017
    Agilex Fragrances is the leader in the middle market fragrance category.

  • The Smell of Clean in 2017

    The Smell of Clean in 2017

    January 6, 2017
    Changing consumer lifestyles and demographics are impacting the scents found in the household cleaning category.

  • On the Edge

    On the Edge

    January 6, 2017
    Expanding beauty brands to watch in 2017