Avon boosted by bogus private equity bid
The big news last week was a fictional private equity company that filed an SEC document claiming it was about to buy up struggling Avon Products. But what few people expected was positive repercussions.
News & Analysis on Cosmetics Innovation
The big news last week was a fictional private equity company that filed an SEC document claiming it was about to buy up struggling Avon Products. But what few people expected was positive repercussions.
For so long we demanded hair dyes to cover up those unwanted grey hairs, whether the odd strand, cluster or full head; but now it seems grey is all the rage and is actually helping to boost the hair colorant market.
Demand from the personal care sector, particularly from skin care and sunscreens, is helping to boost growth of the titanium dioxide nanomaterials market, as consumers demand topical products that offer good spreadability and feel good on the skin.
Jean-Marc Huët will step down as Chief Financial Officer of Unilever and leave his role on the board too after five years with the company.