Coty puts $239m bid in for Chanel’s Bourjois cosmetics brand
Fragrance, colour cosmetics and skin care brand owner Coty has confirmed a binding offer to acquire Bourjois cosmetics from Paris-based fashion house Chanel.
News & Analysis on Cosmetics Innovation
Fragrance, colour cosmetics and skin care brand owner Coty has confirmed a binding offer to acquire Bourjois cosmetics from Paris-based fashion house Chanel.
The Malaysia External Trade Development Corporation (Matrade), says that Malaysian exporters should be targeting huge growth potential in the still booming Brazil beauty market.
According to Customs Service statistics; from January to August of this year, Korea exported the most cosmetics to China - 19,358 tons (US$323 million), knocking Japan off of the top spot.
Exclusive Interview
With as much as 73% of all tea tree oils on the market thought to be adulterated, an executive at the Australian Tea Tree Industry Association (ATTIA) walks formulators through the strategies to avoid it.
Analysis
Shares have risen in Coty since it announced its intention to acquire luxury fragrance and color cosmetics brand Bourjois from Chanel, but a Euromonitor analysts says the deal does not cover all bases.