Latest Articles

Estée Lauder to buy Editions de Parfums Frederic Malle (updated)

07th November, 2014

Estée Lauder are on a niche splurge. After the announcement that the company are acquiring Le Labo, it has been reported by WWD that Lauder are to buy Editions de Parfums Frederic Malle.Editions de Parfums was founded by Frederic Malle in 2000. Malle curated a collection of critically acclaimed fragrances, which highlighted the names of t…

Arden acquire licenses for True Religion, BCBG Max Azria and Ed Hardy from New Wave fragrances

01st June, 2012

Elizabeth Arden Inc announced yesterday that it has acquired the fragrance license portfolio from New Wave Fragrances which include True Religion, BCBG Max Azria and Ed Hardy.Originally introduced in 2008 and inspired by the tattoo art of Don Ed Hardy, the Ed Hardy fragrance portfolio has expanded and now also includes the Love & Luck, He…

'Coty calling...": Avon rejects Coty's acquisition attempt

by Grant Osborne, 02nd April, 2012

Earlier today Coty (the company behind Cool Water, J.Lo, Bottega Veneta fragrances and more) wrote to Avon's Board of Directors announcing that it has submitted a non-binding proposal to acquire Avon Products for $23.25 per share in cash in a mutually agreeable and negotiated transaction. The offer was later rejected by Avon who said …

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Perfumania to buy Parlux for $170m

by Grant Osborne, 04th January, 2012

US perfumery chain, Perfumania is set to buy Parlux Fragrances - manufacturer of fragrances including Paris Hilton, Jessica Simpson, Nicole Miller and Marc Ecko. Late last month the two companies signed a a definitive merger agreement under which Perfumania would acquire all of the outstanding shares of Parlux in a transaction valued at …

Designer Parfums acquire Jean Patou rights from Procter & Gamble

01st July, 2011

Fragrance house, Jean Patou has been acquired by UK-based Designer Parfums, who also create fragrances for Agent Provocateur, Jean Louis Scherrer, Aigner Parfums and Worth. Dilesh Mehta, Managing Director of Designer Parfums said “I am truly delighted and excited by this great addition to our collection of brands. We will re-affirm the Je…

Walgreens buys drugstore.com, beauty.com

by Grant Osborne, 26th March, 2011

Walgreens and drugstore.com have announced a definitive merger agreement pursuant to which Walgreens will acquire drugstore.com (the eighth-largest e-tailer in the U.S. according to Internet Retailer magazine.) in a transaction with a total enterprise value of approximately $409 millionWalgreens Presiden…

Cosmetics News Weekly and Cosmeticnews.com bought by Communications International Group

by Grant Osborne, 02nd February, 2010

Earlier this year we reported that Cosmedias had closed down Cosmetics News Weekly and the website, Cosmeticnews.com. The publication has now been acquired by Communications International Group (CIG), and the first issue under its new ownership came out on 18 January.The publication and website join CIG existing global cosmetics titles, C…

P&G trimming fragrance portfolio: Mont Blanc goes to Inter Parfums

by Grant Osborne, 26th January, 2010

After the earlier news that Procter & Gamble were to sell the license for Valentino fragrances to Puig, comes the announcement that Inter Parfums (who create scents for Burberry, Paul Smith and Van Cleef amongst others) have signed a license agreement to create, produce and distribute perfumes and ancillary products under the Mont Blanc b…

Drugstore.com to acquire SkinStore.com

by Grant Osborne, 29th December, 2009

Drugstore.com, an online retailer of health, beauty, vision, and pharmacy products that owns and operates the Beauty.com webstore, today announced that it has entered into an agreement to acquire Salu, Inc. in a stock and cash transaction. Salu owns and operates the SkinStore.com webstore. Additionally, Salu has distribution capabilities …

Coty opens Russian subsidiary

by Grant Osborne, 14th July, 2009

Coty Inc have announced the opening of Coty's new Russian subsidiary. The opening of Coty's Russia office, located in Moscow, is described as 'a strategic initiative for establishing direct in-house marketing control of the Coty products in Russia.' "The opening of Coty's Russian subsidiary provides Coty with a competitive in-market edge …

Cosmedias sold to Reed Business Information

by Grant Osborne, 25th March, 2008

Reed Business Information has acquired Paris-based Cosmedias, a publisher of beauty industry magazines and websites. The acquisition includes ICN CosmeticNews and the cosmeticnews.com website. Retiring managing director and co-founder of Cosmedias, Hubert Zieseniss, said “Joining Reed Business Information represents a unique opportunity…

Coty becomes biggest fragrance company in the world

11th July, 2005

Coty have today announced the completion of their purchase of Unilever's fragrance division making them the world's largest fragrance company.Coty Chief Executive Officer Bernd Beetz said, "The purchase of these prestige fragrances strengthens Coty’s leadership position in the global marketplace. It is an excellent strategic move for Coty…