Archives for August 14, 2005

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Sara Lee to sell international cosmetics business

By  Simon Pitman

International consumer goods maker Sara Lee has confirmed that it is selling its direct sales cosmetics business to Tupperware for $577 million. The move forms part of the company's bid to redefine its over-stretched product portfolio and turn around...

Bidding list for Kanebo to be finalised

By Simon Pitman

The Japanese government bailout agency is to finalise the list of bidders for household and cosmetics company Kanebo as final bids are submitted today. Although all the bidders have maintained silence throughout the run-up, global giants L'Oreal and...