Personal care
Procter & Gamble to sell its beauty brands to Coty for $12.5 bn
09 Jul 2015
The transaction for 43 brands includes P&G’s global salon professional hair care and colour, retail hair colour, cosmetics and fine fragrance businesses, along with select hair styling brands
Coty nears deal to buy three P&G brands for about $12 billion
16 Jun 2015
Coty Inc, the $4.6-billion US cosmetics group, has won an auction to acquire Wella hair care and Max Factor and CoverGirl makeup brands from Procter & Gamble for around $12 billion
FBI looking into suspicious bid for Avon
18 May 2015
Avon explores sale of North America business
15 Apr 2015
Avon Products Inc is exploring options, including potentially selling itself entirely or its struggling North American business, as the 129-year-old beauty products company's fortunes have sharply diminished in recent years
P&G on course in pruning low-value brands
23 Feb 2015
After the brand consolidation, P&G would focus on nearly 65 best performing brands, and aim to improve their market share
P&G explores sale of Wella hair care business worth around $7 bn
29 Nov 2014
The potential sale comes two weeks after P&G agreed to sell its Duracell battery unit to Warren Buffett's investment firm Berkshire Hathaway in a stock swap deal worth $3 billion
India bans import of animal-tested cosmetics
15 Oct 2014
P&G to cut 100 underperforming brands, focus on key products
04 Aug 2014
While Procter & Gamble did not say which of the estimated 100 brands would either be discontinued or sold off, these brands taken together had aggregate sales declines of 3 per cent a year over the last three years
Nivea to set up first Indian plant at Sanand in Gujarat
23 Jun 2014
Apart from the manufacturing facility, Nivea India will also set up a research & development centre at the Sanand-based factory
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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