Swiss oral care provider fined over parellel imports
Gaba International, which is owned by global oral care giant Colgate-Palmolive, has been fined by Swiss authorities for contravening competition regulations.
Archives for December 11, 2009
Oriflame co-founder divests shares
The co-founder of Swedish direct selling beauty company Oriflame, Jonas af Jochnick, has divested 1,000,000 shares in the company to finance other investments.
Unilever to close California personal care facility
UK/Dutch consumer goods giant Unilever is to close its personal care manufacturing facility in Industry, California as part of ongoing restructuring measures.
Ex L’Oreal CEO allegedly received gifts from heiress while in office
L’Oreal chairman and ex-CEO Sir Lindsay Owen-Jones has become embroiled in an ongoing L’Oreal family saga as he is alleged to have accepted sizeable gifts from heir Liliane Bettencourt.