Archives for November 10, 2004

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Onex signs Cosmetics Essence deal

An investment arm of the Canada-based Onex Corporation, Onex Partners LP, has announced it has acquired the parent company of Cosmetics Essence (CEI) - the largest contract manufacturer of alcohol-based fragrance products in the United States.

Cosmetics companies eye direct sales in China

China's government is set to free up the market for direct sales in the country, a move that is likely to allow the direct sale of cosmetics by international companies such as Avon, Nu Skin and Oriflame. Simon Pitman reports.