Archives for January 31, 2017

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Ulta Beauty establishes its own holding company

By Deanna Utroske

As of January 29, the cosmetics retailer has reorganized its company structure, and Ulta executives believe that the business will be more efficient in this new configuration.

J&J to buy Swiss biotech company

By Lucy Whitehouse

Johnson & Johnson Inc’s latest acquisition - the biggest deal in its 130-year history - of a Swiss biotech company confirms the multinational is looking to bolster its presence outside of the US.

LVMH posts ‘record’ annual results

By Lucy Whitehouse

LVMH Moet Hennessy Louis Vuitton, a major luxury goods group, has released its 2016 annual results, recording a revenue of EUR 37.6bn in 2016.