Archives for October 18, 2006

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Parlux stakeholder hints at take-over

By  Simon Pitman

Glenn Nussdorf, who has a 10.5 per cent stake in troubled fragrance player Parlux, has made an SEC filing stating his intentions to acquire a controlling stake in the company as a business combination transaction to prevent it from being sold off...

Ethnic consumers go mass market

By  Louise Prance

Ethnic-specific cosmetic products have seen a 19 per cent sales gain over 2001 figures, with the niche market said to be at nearly $1.9 bn. However, the ethnic consumer looks to be increasing their spending on general market cosmetics, therefore...

Novelist targets fast-growing celebrity fragrance market

By  Louise Prance

Best-selling romance novelist, Danielle Steel, has embarked on a new business venture, branching out into the fragrance industry with the launch of her new perfume 'Danielle by Danielle Steel', developed and marketed by Elizabeth Arden.