LOrals Board of Directors met today, on 14thOctober 2020 under the chairmanship of Jean-Paul Agon. Following the recommendations of the Appointments and Governance Committee, the Board decided on new governance and a succession plan at the head of the Group...

...founded the new-age luxury skincare line, Orveda, after serving about two decades at French cosmetics company L'Oréal and was the world president at makeup brand Lancome. The incoming CEO has been credited for the reviva...

Leveraging its 5.2% stake in the company, activist investor Marathon Partners has opened a proxy fight with e.l.f. Beauty, Inc. ( NYSE:ELF ) , attempting to seat three new directors on its board...

REUTERS/Denis Balibouse More By Michael Shields ZURICH (Reuters) - Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by EQT Partners and Abu Dhabi's ADIA in a deal worth 10.2 billion Swiss francs ($10.1 billion), it said on Thursday...

--A sale of Nestle's stake in the cosmetics form L'Oreal is "something active on the board's agenda", chairman of Nestle's board Paul Bulcke told the Financial Times. --Nestle will "take the right action at the right time" regarding a potential divestment, Mr. Bulcke told the FT. --Activist investor Third Point has been pushing the Swiss food and beverage company to sell its 23% stake in L ...

Now thats how to answer an activist investor. Nestle SA, under pressure from Dan Loebs Third Point, on Thursday reported first-half sales growth that beat analysts expectations...

LONDON/LOS ANGELES Nestle has bought a majority stake in California-based Blue Bottle Coffee, marking a first step by the packaged coffee leader into the hipster world of speciality bars that serve high-end, single-origin and cold-brewed coffees. The world's largest food and drinks company, which owns Nescafe instant coffee and Nespresso brewers, announced the purchase of a 68 per cent stake in Blue Bottle on Thursday without disclosing financial ...

Nestle's stock price is getting a huge boost froman activist hedge fund. Daniel Loeb, famous for being a successful activist investor in companies like Yahoo and Sony, has set his sights on the consumer conglomerate Nestle. Loeb's hedge fund, Third Point, released a note Sunday disclosing its share in Nestle. The fund currently owns roughly 40 million shares, worth about $3.5 billion...