The Chief Executive of Colgate-Palmolive, Ian Cook, is said to have indicated that he is prepared to sell the company for the right price, according to a report published by the New York Post.
Mary Kay has launched its Beauty That Counts initiative for the 9th year running. Since its inception, the philanthropic campaign has raised more than US$11 million for charitable causes.
Ashland has announced that its subsidiary has completed the acquisition of Pharmachem Laboratories for US$660 million.
Gillette has announced EDward Gaming (EDG), the top Chinese League of Legends team in the world, as the brand’s first global e-sports partner. Gillette’s latest move is a sign that the brand is becoming increasingly immersed in the gaming world since entering the e-sports arena earlier this year as partners with ESL.
Unilever-owned Lynx deodorant has launched a new campaign fronted by boxer Anthony Joshua, with the tagline #isitokforguys, which challenges perceptions of manly stereotypes.
Italian private equity firm Investindustrial has placed a bid in the race to acquire L’Oréal-owned The Body Shop, suggesting the company will place a woman at the helm should it be successful.
Royal DSM has announced plans to invest in industrial bio-science company Amyris, while entering into a development cooperation to develop new products with a focus on the growing consumer shift to ‘natural-like products derived from sustainable sources.’
French beauty house L’Oréal Paris has continued to invest in the Festival de Cannes as it celebrates its 20th year as its official partner with an ‘interactive Cannes experience’.
Nivea India has announced the appointment of Neil George as Managing Director, taking over from Rakshit Hargrave, who has been promoted to Senior Vice President, India, Sub Sahara Africa & Head Sales Beiersdorf Near East.