Business & financial

Revlon restructure will see 250 jobs cut

Revlon restructure will see 250 jobs cut

By Andrew MCDOUGALL

In a bid to restructure its operations to improve operating efficiency, color cosmetics player Revlon will axe approximately 250 jobs throughout the company.

LVMH countersues Hermès for blackmail

LVMH countersues Hermès for blackmail

By Michelle Yeomans

The global luxury group has filed a countersuit after it says it learned via a French media dispatch that Hermès had filed a lawsuit on the circumstances through which it had acquired shares in the company back in 2010.

BASF partners up to expand production on renewable acrylic acid

BASF partners up to expand production on renewable acrylic acid

By Michelle Yeomans

The global chemicals company is collaborating with a specialist in renewable fermentation and a bio-based producer of chemicals used in plastics and ingredients, to develop technologies to produce acrylic acid from renewable raw materials.

Weleda eyes further expansion in South America

Weleda eyes further expansion in South America

By Simon Pitman

Despite awareness of natural and organic cosmetics remaining low, major naturals player Weleda says it sees huge potential for further expansion in the region.

Symrise expands its presence in Latin America

Symrise expands its presence in Latin America

By Michelle Yeomans

Symrise has announced the opening of its 'Center of Excellence' near São Paulo, which has been in progress over the last twelve months in an effort to strengthen its presence in Latin America.

P&G shows Olympic spirit with hologram lightshow of USA hopefuls

P&G shows Olympic spirit with hologram lightshow of USA hopefuls

In celebration of the Opening Ceremony of the London 2012 Olympic Games and wishing Team USA a great start, Procter & Gamble and its brand Gillette celebrated the Olympic Games by creating a massive hologram lightshow of two of USA’s medal hopefuls,...