Kjell & Company reports a profit before tax of 10.6 million kronor for the fourth quarter of the year. This can be compared to the profit of 11.5 million during the corresponding quarter a year earlier. Net sales increased marginally to 773.4 million, from 768.8 million kronor. CEO Andreas Rylander says in a comment in…
L’Oréal has acquired a majority stake in British skincare brand Medik8, the companies announced Monday. The brand will be managed under the beauty giant’s Luxe division, sitting alongside premium lines like Aesop and Kiehl’s. The terms of the transaction were not disclosed, though a recent report in the Financial Times said the brand was valued…
The FTC launched a public inquiry into the impact of federal regulations on competition. Members of the public are encouraged to submit comments on the topic no later than May 27, 2025.Read the Press Release Source