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Coty sells remaining Wella stake to KKR
THE WHAT? Coty has sold its remaining 25.8 percent stake in professional haircare company Wella to KKR-managed investment vehicles, completing its full exit from the business. THE DETAILS Under the terms of the transaction, Coty will receive US$750 million in upfront cash consideration, alongside an entitlement to 45 percent of any proceeds from a…
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Revlon Appoints Ariadne Oliveira as VP of Marketing Innovation for Global Professional Hair
THE WHAT? Revlon has appointed Ariadne Oliveira as Vice President of Marketing Innovation for its Global Professional Hair division, strengthening its strategic focus on the hair category. THE DETAILS Based in Barcelona, Oliveira will oversee marketing innovation across Revlon Professional’s women’s haircare and styling portfolio. She brings more than 25 years of global experience…