The chairman of consumer goods giant Unilever said on Wednesday he is stepping down after three years in the role. He will hand over the reins to Nils Andersen, but will remain on the board as a non-executive director.
German chemical and consumer goods company Henkel announced on Monday that it has signed an agreement to acquire NYC-based Deva Parent Holdings, owner of high-growth specialist professional haircare brand DevaCurl.
In a surprise move, luxury department store Harrods has announced that it will open its first standalone store outside of London next spring with a specialist beauty unit at Intu’s Lakeside shopping centre in Essex.
The limited-edition '80s-style collection, which is retailing at Sephora, comprises a ‘Dryspun Texture Spray' to make the hair look airy, weightless, and full, as well as a ‘Spray de Mode' hairspray for retro do's.
The New York-based cosmetics conglomerate announced on Monday that it is weighing up its options for its professional beauty division, as well as its operations in Brazil, evoking the possibility of a divesture.