Thursday 24 May 2018

Coty buying P&G beauty business for $12.5bn

Coty Inc, the US maker of Calvin Klein and Chloe perfume, will buy Procter & Gamble's perfume, hair care and make-up businesses for $12.5 billion in the biggest cosmetics merger in recent history. Coty would become the num


UAE retailers in beauty brand tieup

UAE-based luxury goods distributors, Chalhoub Group and Jashanmal have established a new joint venture with leading global beauty company Coty Inc. to expand its go-to market capabilities in the Emirates. Coty Distribution Emirate


Nissan electric car wins European award

The zero-emission electric Nissan Leaf has won the European Car of the Year (CoTY) 2011 award. The trophy was handed over to Nissan Motor’s president and CEO Carlos Ghosn in a special ceremony held at the Pavillion Gabriel in Paris. 

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