Owner of Revlon Hair Dryers, Pert Shampoo Looks to Exit Beauty Business

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

As consumers shift away from drugstore staples, Helen of Troy has put its beauty unit up for sale.

The maker of Revlon hair dryers and Pert shampoo has put the business up for sale, according to people familiar with the matter, as shoppers turn their backs on mass-market personal-care brands.

The beauty business, a division of consumer-products maker Helen of Troy Ltd., is expected to fetch roughly $300 million in a sale, the people said. It consists of brands that largely sell at drugstores and discount retailers, including Bed Head curlers and Brut cologne.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cosmetics company Revlon plunges 18% after data show sales declineRevlon shares plunged more than 18 percent Tuesday after new data showed a steep sales deceleration at the multinational cosmetics company. When will Revlon partner with cannabis HEXO in a JV? Coors did ... who’s next ? 🤔 Yea cause teens are not into these colors...market trends are different from the color that are offered. BKactualPodcast BK, did you switch companies? Selling Mary Kay now?
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Target, Revlon, Alphabet & moreThese are the stocks posting the largest moves midday Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Cosmetics company Revlon plunges 18% after data show sales declineRevlon shares plunged more than 18 percent Tuesday after new data showed a steep sales deceleration at the multinational cosmetics company. When will Revlon partner with cannabis HEXO in a JV? Coors did ... who’s next ? 🤔 Yea cause teens are not into these colors...market trends are different from the color that are offered. BKactualPodcast BK, did you switch companies? Selling Mary Kay now?
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Target, Revlon, Alphabet & moreThese are the stocks posting the largest moves midday Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Packager DS Smith to exit plastics business, focus on fiber productsDS Smith Plc has agreed to sell its plastics division to private equity firm Oly... Hollywood is going to have to re-edit The Graduate. Since now Plastics is a dirty word. parscale
Source: Reuters - 🏆 2. / 97 Read more »

Lending gap narrows for women business owners, but it's still 31% less than for menThe number of women-owned businesses that applied for funding in 2018 increased by 13 percent, according to a study by Biz2Credit. But the average size loan for women-owned businesses was 31 percent less than for male-owned businesses. The overall percentage of woman business owners is lower... is this accounted for?
Source: CNBC - 🏆 12. / 72 Read more »