News In Brief
This article was originally published in The Rose Sheet
Executive SummaryCoty Acquires OPI
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L’Oreal considers travel retail a “sixth continent” in terms of consumer reach and creates a new division to better serve the segment; firm separately announces it will shutter its mail-order division. More news in brief.
After failing to acquire Avon and calling off a planned IPO in 2012, Coty once again prepares to go public, targeting $700 million in funding.
Pickle-In-A-Pouch marketer Van Holten’s launches Big Papa Dill Pickle Lip Balm, making its personal-care debut in a category where consumers can find every flavor from corndog and bacon to Chicken Poop.