Follow us twitter facebook
Edition: Global
Click here to subscribe toour free weekly newsletter click here
Industry buzz

Helen of Troy to buy P&G’s Infusium business

Helen of Troy Limited is in the process of acquiring the global Infusium 23 hair care business from The Procter & Gamble Company. The transaction is expected to close by March 31, 2009. Financial details have not been disclosed.

Infusium 23 is a therapeutic hair care business featuring shampoos, conditioners and leave-in treatments. The brand will be integrated into Helen of Troy’s Idelle Labs division of skin and hair care products.

We currently have a leading position in hair care styling and adding Infusium 23 will enhance our role as a comprehensive provider of solutions for our hair care consumers and styling professionals,” commented Gerald J. Rubin, Chairman, Chief Executive Officer and President, in a release.

Mr. Rubin also said he expects the deal to add to Helen of Troy’s earnings immediately. The company estimates the Infusium 23 business to generate about US$ 40 million in sales on an annualized basis

Last October, Helen of Troy bought hair-care products label Ogilvie from bankrupt Ascendia Brands Inc for about US$ 4.7 million.

See online : www.hotus.com
© 2009 - Premium Beauty News - www.premiumbeautynews.com
latest news
Focus
spip-vignette

A new trade show dedicated to clean beauty in London

Dubbed Clean Beauty in London the new trade show intends to gather experts, scientists, suppliers, brands, influencers and journalists under one roof “to build the future of clean beauty.” Taking place on October 12 & 13, 2020 at The Brewery, located at 52 Chiswell Street at the heart of London, the event aims to encourage (...)

read more
job opportunities
Experts’ views
The rise of indie French Touch - Three favorites from the “Made in France” Exhibition

Cosmetics Inspiration & Creation
The rise of indie French Touch - Three favorites from the “Made in France” Exhibition

Who said “Indie” only came from the US? French Beauty brands are blooming with a renewed creativity, disrupting the indie game with the French savoir-faire. Beauty trends and marketing firm Inspiration & Creation has selected their three favorites from the last edition of the ‘Made in France’ show. Vive la Révolution! American indie (...)

read more

Features

We use cookies to give you a better browsing experience. By continuing your visit to this site, you accept the use of cookies. Read more and set cookies
close