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Johnson & Johnson Proposes $6.475 Billion Settlement for Talc-Cancer Claims
Johnson & Johnson has unveiled a new settlement proposal aimed at resolving the majority of the lawsuits it faces concerning the alleged link between its talc products, such as baby powder, and...
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American Retailer Target Faces Lawsuit Over Claims of Coral Bleaching Caused...
Target Corp. is the latest retailer facing allegations of misleadingly marketing chemical sunscreen products as safe for coral reefs, despite containing ingredients known to cause coral bleaching. A...
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Church & Dwight Q1 Net Sales Grew 5.1% to $1.5 Billion
Church & Dwight Co. net sales rose by 5.1% to reach $1,503.3 million in 2024 Q, with gross margin increasing by 220 basis points and reported earnings per share (EPS) growing by 13.4%. The company...
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Henkel Expects 2024 Q1 Sales to be 5.3 Billion Euros
Henkel, the German consumer goods company, announced a slight increase in its guidance for 2024 on Friday, attributing it to a strong performance in the first quarter that boosted its sales and...
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Vector Consumer Acquires New Zealand Collagen Supplement Brand Dose & Co
Vector Consumer Limited, headquartered in Liverpool, has acquired the New Zealand-based collagen supplement brand Dose & Co from Zuru Edge. Dose & Co, a brand of collagen supplements under the...
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L’Oréal Packaging Supplier Leater IPO Suspended
Recently, the Beijing Stock Exchange website announced the decision to terminate the public offering and listing review of Jiangsu Leater Green Packaging Corp.Ltd. (“Leater”). According to the...
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Space NK Owner Hires Bankers to Explore Sale
Space NK has confirmed the banking firm that will oversee its potential £400 million sale. Manzanita Capital, the owner of the high street beauty chain as well as other notable brands like Diptyque,...
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LVMH Private Equity Secures €500 Million Debt Financing for Acquiring Kiko
LVMH-backed private equity fund L Catterton has secured approximately €500 million ($538 million) in debt financing from banks including Barclays and UniCredit to support its acquisition of a majority...
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Medicine and Cosmetics Increasing by 8.9%, Hong Kong’s Retail Sales Reaches...
On May 3rd, the Hong Kong Census and Statistics Department released data showing that the provisional estimate for the total sales value of the retail industry in March 2024 was HK$31.2 billion, a...
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Henkel Completes Acquisition of VS Sassoon’s Hair Care Business in Greater China
Today (May 6th), CHAILEEDO learned from Henkel China’s official website that Henkel has successfully completed the acquisition of Procter & Gamble’s VS Sassoon and its hair care business in the...
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