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Kendo, an LVMH company, announces the acquisition of Bite Beauty, a Toronto‐based beauty brand specializing in natural lip products; as part of Kendo, Bite Beauty will focus on expanding its digital presence and international distribution.
Following the company's previous announcement on "focusing on our biggest opportunities,” including beauty and personal care, P&G will exchange a recapitalized Duracell Company for Berkshire Hathaway’s shares of P&G stock.
Nu Skin Enterprises Inc. (NYSE: NUS) today announced third-quarter results with revenue of $638.8 million, the top end of the company's prior guidance and a 30% decline from the prior-year period.
Estée Lauder Cos. Inc. has expanded its fragrance offering once again with the agreement to acquire Editions de Parfums Frédéric Malle.
The National Advertising Division (NAD) has recommended that The Procter & Gamble Company (P&G) discontinue "100% odor protection" claims for the company’s Secret Clinical Strength Clear Gel and Invisible Solid. Claims, including those made in television, print, and social media advertising, as well as on the company website, were challenged by Unilever United States Inc.
Sluggish performance in Brazil contributed to softer results in Latin America.
Excluding the impact of foreign currency fluctuations, net sales for company's consumer segment during the third quarter of 2014 increased 2.0%, primarily driven adjustments in the U.S. and expected future discontinued products in line with the company's strategy to focus on fewer, bigger and better innovations.
Nivea Men will have significant on-field presence with patches on jerseys, logos on helmets and a logo on the 50-yard line.
Emerging market growth remained weak with a sharp slow-down in China, while North America shows signs of improvement as the impact of the economic recovery starts to be felt by consumers.
All operating divisions contributed to the 3.5% organic sales growth; company finds success with toothpaste sales across global markets.