This article was originally published in The Rose Sheet
Revlon is closing facilities and reducing headcount to “drive operating efficiencies,” the firm says. More news in brief.
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Markwins International has acquired Physicians Formula Holdings, offering roughly $10 million more than previous suitor Swander Pace Capital. The merger “will strengthen the combined portfolio of brands,” Physicians Formula CEO Ingrid Jackel says.
Swander Pace Capital pads its personal care portfolio with the acquisition of skin care and color cosmetics brand Physicians Formula.
Marketer of Sally Hansen and Rimmel attributes its strong growth in 2011 to staying ahead of trends in the marketplace. Coty Inc. expects more of the same for 2012, along with a highly anticipated Lady Gaga scent, expected to be the “biggest fragrance launch this year.”