European private equity firm Investindustrial has invited the investment vehilce of Alibaba's founder Jack Ma to submit a last-minute joint bid of more than 800m euros for L'Oreal's The Body Shop, according to sources.
Up-for-sale beauty giant The Body Shop is shouting loudly about one of the core principles on which it was founded with a renewed call for a global ban on cosmetics animal testing for products and ingredients by 2020.
Up-for-sale luxury footwear brand Jimmy Choo was cheerful Thursday saying it “continues to make excellent progress, trading strongly” this year. But while management trumpeted its prospects, there was no news on a sale.
The California-based brand will collaborate with e-commerce platform Fancy on a series of videos focused on grooming tips and tricks. The series will feature 10 videos released on YouTube and the companies’ websites.
The low-priced British cosmetics line will be available at Ulta starting June 8. The brand calls itself “selfie-ready” and recently made its American debut with the launch of a U.S. website in January.
Spanish fragrance maker Iberchem has attracted first-round offers from several private equity groups in a deal potentially valuing the company at about 400 million euros ($448 million), people close to the matter said.
The Cannes Film Festival was a makeover marathon for the makeup artists and hair stylists working tirelessly on the French Riviera to ensure models and actresses stepped out onto the red carpet looking their best.