Archives for May 17, 2010

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Estée Lauder to acquire Smashbox Cosmetics

By Katie Nichol

The Estée Lauder Companies has announced it is to acquire California-based Smashbox Beauty Cosmetics in a bid to attract new and younger customers.

Alliance Boots annual profits hit £1bn

By Katie Nichol

Preliminary results from Alliance Boots show an annual profit in excess of £1bn (€1.2bn) and total revenue of £22.5bn, a 9.6 per cent increase compared to last year’s figures.