Beiersdorf envisages reducing its activities at some of its sites in Germany and abroad, announced the group’s boss during the general meeting of shareholders in Hamburg, as the crisis has badly affected Tesa - its branch of adhesives.
Japanese private equity fund Unison Capital is set to bid for at least one-third of wig maker Aderans Holdings, raising the prospect of a proxy fight with U.S. hedge fund Steel Partners, the Nikkei business daily reported on Thursday 16 April.
Feminist activists wearing fake beards staged a bizarre protest against L'Oreal in central Paris on Thursday 16 April, saying the company did not have enough women managers despite being a cosmetics producer.
Swiss food group Nestle and France's Bettencourt family said on Thursday 9 April they would extend their pact on cosmetics company L'Oreal, in which both Nestle and Bettencourt own roughly 30 percent stakes.
Hungary's competition watchdog GVH has fined cosmetics maker L'Oreal's Hungarian unit 150 million forints ($636,800) for misleading customers about its products, GVH said in a statement late on Monday March 16.
On the red carpet, austerity is generally about as well received as a surprise cameo appearance by Robert Blake, and yet a grim economic outlook could cause the mood at Sunday's Academy Awards to be as subdued as the ceremony that followed the September 11 attacks.