June's top stories: Johnson & Johnson to buy Vogue International, Revlon acquires Cutex
Johnson & Johnson Consumer has agreed to acquire Vogue International for around $3.3bn in cash, and Revlon has purchased Coty's international Cutex businesses. Cosmetics-technology.com wraps up the key headlines from June 2016.
Johnson & Johnson Consumer agreed to acquire Vogue International, a privately held hair and personal products company, for around $3.3bn in cash.
Johnson & Johnson intends to boost the consumer business with this purchase, reported The Wall Street Journal.
The purchase also includes brands such as the OGX collection of shampoos, conditioners, bath and body care products, styling products, and the FX line of hair styling products, and the Proganix and Maui Moisture haircare lines.
Revlon purchased Coty's international Cutex businesses, which mainly operates in Australian and the UK markets.
Following this purchase, Revlon has consolidated Cutex brand's global operations under its management.
Revlon COO and executive vice president (EVP) Gianni Pieraccioni said: "Cutex has been a consistent source of innovation, from its invention of liquid nail polish in 1917 to its popular nail polish removers widely used today. "
Sephora introduced a new website tool to assist women in finding products that are suitable for curly hair.
The online service has been launched as part of its latest initiative, 'It's a Curl Thing', reported Madamenoire.com.
This initiative was launched In May and will go on until mid-June, reported Refinery29.com.
The online tool offers help to four different types of curly hair: wavy, curly, coily and tightly coiled.
AkzoNobel opened a new technology centre in Songjiang, Shanghai, to focus on innovations in paints, coatings and specialty chemicals.
Equipped with material analysis and performance testing facilities, the €6.5m centre employs 150 scientists, who will create eco-friendly solutions that are based on powder.
AkzoNobel performance coatings business RD&I director Klaas Kruithof was quoted by Globalcosmeticsnews.com as saying: "Innovation and locally developed products and solutions are critical to ensuring that we continue to create everyday essentials that make people's lives more liveable and inspiring.
Health Canada issued a safety update that alerts consumers of the possible risks of purchasing products such as cosmetics through online platforms.
According to the agency, many of the products available through online platforms are not compliant with the regulations of the country.
Over the recent years, there has been an increase in the number of consumer products and cosmetics from around the world sold through online sites in Canada.
Diesel Parfums revealed plans to launch a new fragrance for men in August.
Actor Boyd Holbrook will be the face of this new fragrance. No other details about the fragrance has been divulged.
The Kentucky-born Holbrook acted in David Fincher's Gone Girl and the Netflix series Narcos.
He was also recently seen in The Free World and is set to star as the main villain in the next Wolverine installment.
Holbrook is also a sculptor. His work has been exhibited at various locations, including the Rare Gallery in New York.
Menswear designer Joseph Abboud introduced Black Linen, a new fragrance for men, in the US.
The fragrance comes in 3.4oz bottle and is priced at $65.
It is available at Men's Wearhouse and Joseph Abboud stores across the country besides online at www.menswearhouse.com and www.josephabboud.com.
Abboud, who is chief creative director of Tailored Brands, said: "It's a clean, airy scent with many textures. I wanted it to be reminiscent of my designs and bring confidence to men wearing it."
Panasonic Consumer Electronics Company launched its professional range of men's trimmer and clipper tools.
Its new products, ER-GP80-K Professional Series Hair Clipper and Trimmer and ER-GP21-K Professional Series Hair Trimmer for Finishing and Detailing are targeted at salons and barber shops.
These products are designed and manufactured in Japan.
Panasonic has been in the men's consumer trimmer and shaver business for over six decades.
A new hair and body care line Éclair Naturals was launched in the US that offers sustainably sourced and produced products.
Éclair Naturals claims that it makes use of natural food grade ingredients to create products that are non-GMO, gluten-free, soy-free, vegan, cruelty free, and manufactured in the US.
Éclair Naturals co-founder and CEO John Matise said: "Éclair Naturals is socially responsible and manufactured at our own certified non-GMO facility in the USA to ensure quality control and no cross-contamination.