Barington Capital is once more calling for Avon CEO Sheri McCoy to step down after the company reported a shock loss for the first quarter of the year, according to a report published by Reuters.
Unilever and Europe & Asia Commercial Company (EAC) have set up a joint venture in Myanmar in a bid to grow operations in the Southeast Asian country, according to a report published by Manufacturing Global.
Johnson & Johnson is to appeal after a St Louis State Court found in favour of the latest talc plaintiff and ordered the baby care manufacturer to pay US$100 million in damages, according to a report published by the BBC.
Reckitt Benckiser is set to end a 20-year audit contract with Pricewaterhouse Coopers, according to a report published by CCH daily. The UK-based FMCG manufacturer has appointed KPMG to take the helm from 2018, subject to shareholder approval.
L’Oréal Paris has drafted in designer of the moment Balmain to create a capsule collection of 12 lipstick shades for its best-selling Color Riche line. The collection will be unveiled at Paris Fashion Week in September.
A global competition has been launched by the Green Chemistry & Commerce Council (GC3) and InnoCentive to find innovators that are developing preservatives with improved safety profiles for use in cosmetics, personal care and household products.
Estée Lauder Companies has reported Q3 net sales of $2.86 billion, a year on year increase of 8 percent, boosted by a strong performance in the company’s make-up category.
MAC cosmetics make-up artist Ellie Costello has launched a new trend on her personal Instagram page for ‘terrarium eyes’, with images shared depicting eye make-up looks using flowers and plants, according to a report by Teen Vogue.
Avon Products has reported a Q1 loss of $36.5 million (10 cents a share), according to a report by Marketwatch.com, missing out on industry expectations.