De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
procter-and-gamble
Beauty
P&G Under Pressure to Make a Deal as Eco-Friendly Products Surge
Procter & Gamble Co., which is losing market share to eco-friendly products, is under mounting pressure to either fend off the competitors or buy one of them.
P&G Under Pressure to Make a Deal as Eco-Friendly Products Surge
Procter & Gamble Co., which is losing market share to eco-friendly products, is under mounting pressure to either fend off the competitors or buy one of them.
News & Analysis
P&G Faces Lawsuit Over Dismissal of Pregnant Saleswoman
A former cosmetics saleswoman for Procter & Gamble Co is suing the company, claiming that she was fired after becoming pregnant and being told earlier by a supervisor that 'pregnancy is not part of the uniform.'
P&G Faces Lawsuit Over Dismissal of Pregnant Saleswoman
A former cosmetics saleswoman for Procter & Gamble Co is suing the company, claiming that she was fired after becoming pregnant and being told earlier by a supervisor that 'pregnancy is not part of the uniform.'
Beauty
French Consumer Group Warns on Potential Risks of Beauty Products
Some creams, shampoos, after-shaves and toothpastes made by groups such as L'Oreal and Procter & Gamble, may contain potentially harmful substances, according to a study by a French consumer protection group.
French Consumer Group Warns on Potential Risks of Beauty Products
Some creams, shampoos, after-shaves and toothpastes made by groups such as L'Oreal and Procter & Gamble, may contain potentially harmful substances, according to a study by a French consumer protection group.
Financial Markets
P&G Sees Organic Sales Recovering from Current Quarter
Procter & Gamble Co reported a better-than-expected quarterly profit and said it expected growth in organic sales in the current quarter, as its turnaround efforts begin to pay off.
P&G Sees Organic Sales Recovering from Current Quarter
Procter & Gamble Co reported a better-than-expected quarterly profit and said it expected growth in organic sales in the current quarter, as its turnaround efforts begin to pay off.
Workplace & Talent
Power Moves | Wang Exits Balenciaga, New CEOs at Kering and Pucci
BoF compiles the most important professional moves of the week.
Power Moves | Wang Exits Balenciaga, New CEOs at Kering and Pucci
BoF compiles the most important professional moves of the week.
News & Analysis
P&G Fourth-Quarter Profit Tops Estimates as Lafley Cuts Costs
Procter & Gamble Co., the world’s largest consumer-products maker, posted fourth-quarter profit that beat analysts’ estimates, helped by cost cuts.
P&G Fourth-Quarter Profit Tops Estimates as Lafley Cuts Costs
Procter & Gamble Co., the world’s largest consumer-products maker, posted fourth-quarter profit that beat analysts’ estimates, helped by cost cuts.
News & Analysis
P&G to Name David Taylor CEO
Procter & Gamble Co will replace chief executive A.G. Lafley with company veteran David Taylor in a widely expected appointment that could be announced as soon as Thursday.
P&G to Name David Taylor CEO
Procter & Gamble Co will replace chief executive A.G. Lafley with company veteran David Taylor in a widely expected appointment that could be announced as soon as Thursday.
Beauty
Estee Lauder Has Go-Ahead for Deals While Coty's Busy
Estee Lauder Cos. may be an unexpected beneficiary of Coty Inc.’s brand grab.
Estee Lauder Has Go-Ahead for Deals While Coty's Busy
Estee Lauder Cos. may be an unexpected beneficiary of Coty Inc.’s brand grab.
Beauty
Coty Agrees to Purchase P&G Beauty Brands for $12.5 Billion
Procter & Gamble Co. accepted a $12.5 billion offer to merge 43 of its beauty brands with Coty Inc.
Coty Agrees to Purchase P&G Beauty Brands for $12.5 Billion
Procter & Gamble Co. accepted a $12.5 billion offer to merge 43 of its beauty brands with Coty Inc.
Beauty
Henkel Shares Fall After Coty Reported to Buy P&G Beauty Units
Henkel AG, the maker of Schwarzkopf shampoo, declined on reports that Coty Inc. had won the race to acquire three of Procter & Gamble Co.’s beauty businesses.
Henkel Shares Fall After Coty Reported to Buy P&G Beauty Units
Henkel AG, the maker of Schwarzkopf shampoo, declined on reports that Coty Inc. had won the race to acquire three of Procter & Gamble Co.’s beauty businesses.
Beauty
Coty Nears Deal to Buy P&G Businesses for about $12 Billion
US cosmetics group Coty has won auctions to acquire three businesses from Procter & Gamble Co for as much as $12 billion, said a source familiar with the matter.
Coty Nears Deal to Buy P&G Businesses for about $12 Billion
US cosmetics group Coty has won auctions to acquire three businesses from Procter & Gamble Co for as much as $12 billion, said a source familiar with the matter.
Beauty
Henkel and Coty Reportedly Bid for P&G Assets
Henkel & Co and Coty Inc, both of which have personal care and cosmetics businesses, made binding offers to buy separate parts of Procter & Gamble Co's beauty businesses worth up to a total of $12 billion.
Henkel and Coty Reportedly Bid for P&G Assets
Henkel & Co and Coty Inc, both of which have personal care and cosmetics businesses, made binding offers to buy separate parts of Procter & Gamble Co's beauty businesses worth up to a total of $12 billion.
The News in Brief
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.