Elizabeth Arden Inc has bought the global licenses to fragrances by entertainers Justin Bieber and Nicki Minaj, adding to a roster of celebrity brands that already includes Britney Spears and Mariah Carey.
Beauty products retailer Ulta Beauty posted first-quarter results that beat Wall Street estimates, boosted by strong sales and higher margins, and forecast a current quarter profit above analysts' estimates.
Ten thousand rolls of tobacco, 12 bottles of Sake, and a handful of second-hand Mercedes-Benz cars are among the latest reported breaches by North Korea of a U.N. ban on luxury goods sales to the reclusive state.
Beauty company Coty Inc has picked its lead underwriters for a planned initial public offering this fall, two days after it pulled a $10.7 billion unsolicited offer to buy Avon Products Inc (AVP.N), a person familiar with the matter told Reuters.
Avon Products Inc's loss of a $10.7 billion takeover bid from smaller cosmetics rival Coty Inc leaves shareholders hoping that new Chief Executive Sherilyn McCoy has a great turnaround plan in the works.
Fragrance company Coty Inc withdrew its $10.7 billion takeover bid for Avon Products Inc on Monday evening, saying the world's largest cosmetics direct seller had missed a deadline to start discussing a deal that Coty first proposed in March.
Avon Products Inc shares rose more than 5 percent in premarket trading on Monday, a day after the cosmetics company said it would consider the latest proposal from Coty Inc, raising hopes of a takeover.
Boutiques like Aesop and big multinationals such as L'Oreal, Estee Lauder and Unilever are finding that men, especially Asian men, are increasingly willing to shell out sizeable sums to take care of their skin.