Business : Global market for halal cosmetics, beauty products on the rise
Estée Lauder to buy Smashbox makeup line
The Estée Lauder Cos. is buying privately held Smashbox Beauty Cosmetics Inc., the company said Monday. The financial terms of the deal were not disclosed. Estee Lauder said it expects the deal will close in July and will add to its earnings in 2011, excluding transaction and integration costs. The acquisition adds to the roster of cosmetic brands — such as M.A.C., Bobbi Brown and La Mer — that ...
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Business : Global market for halal cosmetics, beauty products on the rise
JEDDAH - The global market for halal products is growing at a remarkable pace which has led to increasing customer awareness on the need for halal-based cosmetics and beauty products.
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